Kay Bailey Hutchison admits to mistake supporting bank bailout

Kay Bailey Hutchison said Wednesday that she made a mistake by supporting the initial $700 billion bailout of the nation’s financial industry and would change her vote if she had the chance.

Hutchison said the implementation of the Troubled Asset Relief Program was flawed and the money wasn’t being used by banks to lend money to small businesses and prospective homebuyers.

“If I had known how TARP would be spent, I would take it back in a heartbeat,�? the senator said during a taping of WFAA’s *Channel 8* Inside Texas Politics. “They spent money not on helping the housing industry, which was the problem, and helping the financial institutions lend money. Financial institutions today are not lending money to help small business get up and going.�?

The show airs at 9 a.m. Sunday.

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Kay Bailey Hutchison admits to mistake supporting bank bailout

Let me think for a minute. Where have we heard something eerily similar recently? Well, maybe not THAT recently, but within the lifetime of MY readers at least. Hmmm…

Oh yeah, I got it. It was Sen. John F’n Kerry back in ‘04 as he tried to scam America into making him POTUS, “I actually did vote for the $87 billion before I voted against it,” SOURCE

Sen. Hutchison, hindsight is, as they say, 20/20. A HUGE majority of your constituents did everything they could to convince you, and Sen. Cornyn, to vote against the travesty that started the massive downhill slide our nation is on.

It was your vote, your actions, your support of this debacle, that gave the current inhabitant of the Oval Office the idea that he too could just give our money away. YOUR actions gave him the courage to stand against America in doing so.

The change comes on an issue that has dogged Hutchison for a year in her primary battle against Gov. Rick Perry. He has used the vote for the package to portray her as out of touch with Texas values and indulgent of massive federal spending. Perry’s campaign has constantly referred to Hutchison as “Kay Bailout�? to make the point.

The next paragraph is the one that I feel will bring about the political death of either Rick Perry or Kay Bailey Hutchison.

But during the show, Hutchison was forceful in her criticism of Perry, saying that as chairman of the Republican Governors Association, he urged senators to support a bailout because he feared a financial meltdown. She used a letter that Perry co-wrote to Senate Majority Leader Harry Reid as evidence that the governor wanted something done.

Where is that letter? Why is it not published along with this story? Is there anyone that has actually read the letter and interprets it’s content to be showing Rick Perry in support of the bailouts? OR, is this simply Hutchison’s perception of “the letter”?

I am personally convinced that *Bailout* suits Hutchison to a *T* regardless of the “letter” and it’s actual existence.

“Governor Perry was the first one out of the chute to send a letter to every senator saying vote for it, vote for it because we are going to look at a financial meltdown, and that’s what 70 senators did,�? Hutchison said. “We didn’t know what was on the horizon and those who are in the know on this say that it would have been a financial meltdown of global proportions.�?

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Gov. Perry on recession: ‘We’re in one?’

Texas political blogs are buzzing over Gov. Rick Perry’s comments about the recession on Thursday during a Houston appearance in light of today’s news that the unemployment rate is higher in the state than it’s been in more than 20 years.

Here’s what Perry said: “Why is Texas kind of recession-proof, if you will? As a matter of fact … someone had put a report out that the first state that’s coming out of the recession is going to be the state of Texas … I said, ‘We’re in one?’”

Texas Monthly senior executive editor and political pundit Paul Burka predicted in a blog post that “this gaffe is going to stick. It is going to be national news. It will come back to haunt him (Perry) … You cannot be callous and cavalier when people are losing their jobs and their homes … Everybody knows someone who is suffering in these times. Everybody has lost part of their life savings. It could cost him the race.”

Story Here:
Gov. Perry on recession: ‘We’re in one?’

I am, and have been, a Rick Perry supporter for a LONG time. But this is a bit out of place for Perry to say at this particular point in time.

It seems like Texas Gubernatorial candidates have a way of opening mouth, inserting a foot, all the way up to the knee joint, and then going for a stroll.

Back in 1990 Clayton Williams was running for Governor, he had a 20 point lead in the polls, then, somehow, the topic of RAPE came up and Williams quipped, “If it’s inevitable, just relax and enjoy it”. Clayton Williams lost, every woman in Texas voted against him, and honestly, I don’t blame them.

I honestly hope that this wasn’t Rick Perry’s excursion into the depths of his throat with BOTH feet. But I would take serious bets that Kay Bailout Hutchison will pounce on this like a cat on a mouse.

Kay Bailey Hutchison kicks off run for Texas governor

LaMARQUE, Texas – Sen. Kay Bailey Hutchison, kicking off a five-day Texas tour to formally announce her candidacy for governor, said today that incumbent Gov. Rick Perry has been in office too long and has subjected the state to mismanagement and petty politics.

Speaking at her old high school here, Hutchison said she would use conservative principles and sound fiscal management to lead the state through its future challenges.

“He’s a dedicated public servant,�? she said of Perry. “I know he loves Texas. But now he’s trying to stay too long.�?

Hutchison added that after 10 years of Perry, Texas had the highest property tax rates in the country, twice the state debt before Perry, skyrocketing college tuition and the most uninsured children in the nation.

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Kay Bailey Hutchison kicks off run for Texas governor

I may not always be right, but it’s a rare occasion when I am dead wrong.

About 6 years ago I went on record saying this very thing was going to happen, I made my statement on a forum that I used to frequent, Liberty News Forum. LNF was a decent forum back in the day, even though it was dominated by a disgusting little gnome from Michigan that thought he was God’s gift to ALL things political. He went by the name of Weaselteeth. Robert Proctor, his real name, was of the opinion that if HE didn’t think of it, if HE didn’t say it, if HE didn’t support it or believe in it, then it just wasn’t so.

He called me every kind of dumb-ass hick, Texas redneck, uneducated, illiterate inbred that can be imagined. All because I dared to say that Kay Bailey Hutchison was going to retire from the U.S. Senate after this term was up so she could come home and take a run at the Texas State House and I dared to tell him that HE had no idea about Texas politics or Texas politicians.

I know that my friend Patrick Sperry of Conservative Libertarian Outpost remembers this all too well and can verify every word. I am thinking that my partner in crime, Bill of Basti Says may also be privy to the intricate details of this little matter.

Well hey, what do you know? Kay Bailey Hutchison is coming home to take a run at the Texas State House. Pretty good political prognostication for a dumb-ass hick, Texas redneck and uneducated, illiterate inbred huh?

The governor’s campaign spokesman, Mark Miner, distributed materials that portrayed Hutchison as a Washington insider out of touch with Texas values.

“It’s very easy to criticize after being in Washington for 16 years,�? he said. “After years of bailouts, earmarks and out of control spending, she wants to come back to Texas and bring those Washington policies back here that are proven to be ineffective.�? A truck bearing a huge sign the read, “Kay Bailout Express” greeted Hutchison’s motorcade.

The governor’s campaign spokesman is correct. Hutchison is a RINO Washington insider. She has NO idea what the people of Texas are up against. Case in point; Hutchison was on board with the Bush Amnesty Plan and she was pushing the Immigrant Dream Act for all it was worth SOURCE, all the while opposing border fences.

Fences make good neighbors. Apparently Sen. Hutchison forgot that Texas axiom along the way.

Read the rest of this post HERE! »

Texas primary could help define GOP of future

AUSTIN – As the GOP struggles nationally to redefine itself, the debate over what it means to be a Republican is playing out in Texas, too, through Kay Bailey Hutchison’s challenge to Gov. Rick Perry.

Hutchison says the “core principles” that will help the party grow are not social, but economic: smaller government, lower taxes and free enterprise.

Perry’s appeal is to a GOP base that sees social issues such as abortion as a litmus test of party purity.

The debate is at the heart of the Republican Party’s efforts nationally to rebound from election losses and attract new voters.

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Texas primary could help define GOP of future

I am hoping that Kay Bailey Hutchison does give up her Senate seat to come home to Texas to run for Governor. I look forward to seeing her enter a nice quiet period of her life called RETIREMENT! Rick Perry has had a few issues that Texans took him to task over, and when Texans voiced their opinions, Gov. Perry listened to his constituents. That can’t be said for Hutchison.

Hutchison voted FOR the Bush bailout bill, against ALL wishes of the people of Texas, Congress OKs historic bailout bill. Hutchison has fought long and hard to stop a border fence from being built on the U.S. side of the Mexican border, Hutchison on defensive over border fence and Hutchison was an ardent supporter of the Immigrant Dream Act, another *back door* attempt at amnesty for ILLEGALS, Immigrant ‘Dream’ Act Fails Key Senate Vote.

Hutchison IS a Washington insider, Texans are not going to take being talked down to by a Washington insider. If Hutchison were to somehow beat Perry in a primary, I would support Kinky Friedman before I’d support KBH! Kinky Friedman may run again for Texas governor.

Hutchison supports embryonic stem cell research and abortion rights, though she backs restrictions on abortion such as a ban on federal funding for organizations that perform abortion and a ban on late-term procedures.

Those are NOT issues that the religious right and Conservatives as a whole are going to support. I am not a big bible thumper, not in any way, but if a candidate is a supporter of abortion, or abortion rights, then that candidate is, in MY opinion, a supporter of nothing less than MURDER!

Both Hutchison and Perry are conservatives and both will be appealing to a primary electorate that, while differing on issues, will reflect a strong conservative bent.

So says the quite liberal Dallas Morning News. Anyone that is a supporter of embryonic stem cell research, abortion rights, amnesty for ILLEGALS and any kind of socialist bailout is NOT a Conservative, and I challenge the Dallas Morning News to show me how they came to that conclusion regarding Kay Bailey Hutchison!

The political pundits are going to offer their spin, I don’t use spin, I use facts. Rick Perry is a good guy, he tries harder than any Governor of Texas that I have kept up with. Perry is a supporter of the TEA Party protests and Texas Sovereignty, states rights for the state of Texas.

Have you heard Kay Bailey Hutchison mention either topic?

Democrats hold cautious hope of capturing Hutchison’s Senate seat

WASHINGTON – The Democrats’ top Senate campaign strategist said his party has an eye on Kay Bailey Hutchison’s seat – but not too close an eye.

“No place is a bridge too far for Democrats,�? said New Jersey Sen. Bob Menendez, chairman of the Democratic Senatorial Campaign Committee, briefing reporters this afternoon on the 2010 electoral playing field.

The contests bode well for his party, Menendez said. He ticked off five states where GOP senators have announced they won’t seek another term, creating especially good opportunities for Democrats: Florida, Ohio, Kansas, Missouri and New Hampshire.

Menendez didn’t put Texas on the list, even though Hutchison is giving up her Senate seat to run for governor and says she may leave by the end of this year.

“I didn’t mention Texas because until we have an opening, we don’t have an opening,�? Menendez said. “But I take Kay Bailey Hutchison at her word, which is that she intends to run for governor and that she intends to resign her seat. If that happens we will have a great candidate in Texas.�?

Full Story Here:
Democrats hold cautious hope of capturing Hutchison’s Senate seat

I just hope that ALL Republicans remember, Kay Bailey Hutchison voted FOR the 1st bailout and she was a HUGE supporter of the Immigrant Dream Act and is not a strong supporter of border security.

Citation: Congress OKs historic bailout bill, Hutchison on defensive over border fence and Immigrant ‘Dream’ Act Fails Key Senate Vote

Rick Perry may not be perfect but Kay Bailey Hutchison is far from perfect as well.

The Democrats DO have a golden opportunity here, but yesterday the story was that Kinky Friedman may run for Governor again, as a Democrat. If the Dems hope to have ANY chance they are going to have to get SERIOUS, place Texas and the wishes OF Texans 1st, support Conservative issues and not run some moonbat comic or wannabe pundit.

Voters today are more well informed than at any time in history, and even given that fact, strange things DO happen, look at the Oval Office. This Senate seat is the Republicans to lose. They lost the White House by allowing a non-Conservative RINO to be POTUS for 8 years. The RNC gave away the White House in 2008 by nominating and running an angry old RINO, a guy that is a hell of a lot closer to being a Dem than he EVER was to being a Republican or a Conservative.

The Republicans can either get their act together or this nation will continue to suffer at the hands of the most outrageous Dem/Libbers that have surfaced to date.