Wednesday, November 30, 2011

Ron Paul is authentic and consistent

I really wasn't sure where Newt was on TARP. For me, supporting TARP is unforgivable. Heck, I was thrilled to hear about the chants "TARP, TARP, TARP..." as Senator Bob Bennett (R-UT) went down in flames during his 2010 GOP convention.

It was a non-starter to me in September 2008. And it's still a dealbreaker.

Anyway, the RP ad includes a quote that led me to this excerpt from a September 29, 2008 ABCNews piece:

ABC News’ Teddy Davis Reports: Former House Speaker Newt Gingrich reversed course on Monday, issuing a statement saying that if he were still in office he would "reluctantly and sadly" support the $700 billion Wall Street bailout bill.

Gingrich, who led the charge against the bailout last week, explained his change in position by saying that the House Republicans, "reinforced by John McCain," have improved the bill "significantly" so it is "less bad" than the original proposal offered by Treasury Secretary Henry Paulson.

The rest of the article places Newt in a somewhat improved light. But ultimately, he publicly supported TARP when America needed real leadership to oppose what Newt knew would come to be... increased corruption. No thank you.

We need a complete cleansing of The Swamp.

Tim White

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