How Perry got rich

Discussion in 'Politics' started by Truthmatters, Aug 31, 2011.

  1. Truthmatters
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    How Rick Perry Got Rich While Working Government Jobs - Conor Friedersdorf, The Atlantic - NationalJournal.com



    Perry bought another 10 acres of undeveloped land in 1993. That property drew interest from Michael Dell, a computer magnate who needed Perry's tract to connect his new home to municipal sewer lines. Dell took the property off Perry's hands for $465,000, more than triple what Perry had paid for it two years earlier. Perry reported a $342,994 profit on the sale in his 1995 tax return.

    Texas Democrats have repeatedly questioned the sale over the years, in part because Mike Toomey - an influential lobbyist who would later become Perry's chief of staff - closed the deal for Perry while Perry was out of town. Perry has always maintained he didn't know that the land would be so valuable to Dell when he purchased the property.

    Here's another example:




    Perry purchased the land from state Sen. Troy Fraser, R-Horseshoe Bay, in 2001 for $314,770. Six years later, Perry sold it for $1.1 million, pulling a profit of $823,776. Perry has attributed the gain to a favorable market for Hill Country land. "We bought a piece of property, the property appreciated and we sold it," Perry said last year.
     
  2. nolebrakai
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    nolebrakai Member

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    hes a career politician, this is not news. It will fun to see how the right and Perry play this issue.


    maybe hes a socialist!
     
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  3. Claudette
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    Claudette Gold Member

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    Did Perry rob a bank??

    Is he a jewel thief??

    Is he a cat burglar??

    Did he perhaps rob people on the street??


    NO?? Then why should anyone care how he makes money??
     
  4. Truthmatters
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    How much hey did the right make about Obamas ONE realestate deal?
     
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  5. nolebrakai
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    nolebrakai Member

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    lol, and it beings. the Right now has to justify its new Darling, im gonna love this\



    home boy is a socialist! he made money off the tax payer! not lets watch the GOP echo chamber hammer this one out!
     
    Last edited: Aug 31, 2011
  6. Truthmatters
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    The weird thing is it never seems to sink into them just how hypocrafil they are.


    They have this weird brain thing were they can just erase all the past to fit their party over EVERYTHING mode.

    I wonder how people get like that?
     
  7. dblack
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    dblack Gold Member

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    That remains to be seen. If he profited from his official position as the article indicates (rather than simply luck or skill), then yes, he definitely did rob from his constituents.
     
  8. Truthmatters
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    Remember what they did to Clinton over a failed land deal where he lost money?
     
  9. Warrior102
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    Warrior102 Gold Member

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    This is surely a showstopper for Perry.

    He's rich.

    Totally unelectable.

    TM - do us a favor and STFU with your stupidity already. Seriously.
     
  10. nolebrakai
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    nolebrakai Member

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    TM, its going to catch up to them soon. These poor peeps forget he NRA, this proved private and public sector entities can coexist and actually provide growth on a sustainable time table.
     

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