Complete coverage of Rick Perry's Presidential run

Perry Attacks Wall Street Bailout

Calls it "the single biggest act of theft in Amreican history"

Monday, Dec 19, 2011  |  Updated 3:38 PM CDT
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Perry Attacks Wall Street Bailout

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Perry calls the Wall Street bailout "the single biggest act of theft in American history."

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Texas Gov. Rick Perry is calling the Wall Street bailout "the single biggest act of theft in American history."

Campaigning in Iowa on Monday, Perry sought to cast himself as an outsider who would cut Washington's influence. He painted Newt Gingrich and Mitt Romney, his rivals for the GOP presidential nomination, as status quo politicians who should worry Republicans voters.

Perry said the country needs a president who understands Main Street and is not beholden to Wall Street.

With just two weeks before Iowans begin assessing the GOP field, Perry said the values he learned in rural Texas have shaped his views.

He said "no one was going to bail out a dry-land cotton farmer" and no one should have bailed out Wall Street during the 2008 financial crisis.

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