One has to wonder, considering this...

There's no date on that, but there is a contemporary Politico article from October 1st, essentially quoting it.

This is an important issue folks.  Remember, the current controversy related to the big Wall Street banks has to do with the mortgage mess.  This is the Obama Administration position:

“It is of concern to the industry that instead of trying to facilitate resolving these issues, you seem to be throwing a wrench into it.  Wall Street is our Main Street — love ’em or hate ’em. They are important and we have to make sure we are doing everything we can to support them unless they are doing something indefensible."

So what is indefensible?

Does it include fraudulent paperwork submitted to courts?  We have that.

Does it include fraudulent loans issued to people who the banks knew couldn't pay?  We had that.

Does it include allegedly "securitized" loans where there is legitimate question as to whether they were actually securitized (or were simply claimed to be, but never were)?  We appear to have had that.

Does it include intentionally blowing multiple credit bubbles, one after another, for 30 years, as I have repeatedly documented and which mathematically must lead to disaster?  We've certainly had that.

Exactly what is Rick Perry's position on Capitalism?

See, Capitalism requires that when you screw up you lose money.  It requires that when you really screw up you go out of business - that is, you go bankrupt.  It requires that banks (and others) not commit fraud, that they honestly report their earnings and balance sheets, and that they promote policies and practices that reward success - not prop up and support failure.

Those who prudently save and invest should earn money.  Borrowing should be nominally (compared to inflation and GDP) expensive - that is, you should pay to engage in it.  Distortions of the free market that steal trillions of dollars of wealth from honest Americans who try to do the right thing, such as occurred in the last few years with ZIRP that has literally stolen trillions from Senior Citizens simply trying to prudently save for their retirement, must be eschewed.

A "financial system" that is founded on fraud and theft must not be supported, it must be dismantled and allowed to fail, with the malefactors imprisoned.  Entrepreneurs will take the place of the failed businesses and put in place of them new non-fraudulent replacements.

But this isn't what our government has done.  Both political parties have supported failure and refused to support success.  They have bailed out fraudulent practices and are continuing to apply pressure on prosecutors and attorneys general to do so again and again - including to the present day.

We're supposed to be making a choice in an election, but I see no choices.  Are you seriously suggesting that I should choose between Fraud #1 and Fraud #2?

Mr. Perry, exactly what do you support when it comes to the economy?

You want to be President?  Tell me how you're different, when it comes to these clowns on Wall Street, than Obama - because I certainly don't, in the present case, see any difference at all.

If I'm going to get financially raped I will vote for the man who tells me he's going to do it.  Either way I get screwed, but only one of you is honest and thus gives me the opportunity to find a stick for my teeth first - and it does not appear to be you, Mr. Perry.