GOP machismo raging: Rick Perry challenges Trump to ‘pull-up contest’
This response produced a lot of laughter from the audience.
The two have been engaged in verbal sparring for several weeks – but now Perry wants to make it physical, challenging Trump to a good ole’-fashioned pull-up contest.
Perry delivered another meaty speech Wednesday in which he pitched a host of Wall Street reforms while linking the 2008 financial crisis to Democratic presidential front-runner Hillary Clinton.
Perry also discussed other ideas for requiring large banks to hold additional capital as a cushion against emergencies and shortfalls, but the reference to issues historically related to Glass-Steagall is the one that generated the buzz.
Unlike his GOP foes, Perry said he was not among the “Washington insiders running for president”.
Warning that the “next crash is on the horizon”, Perry used a New York speech to position himself as the only candidate with the economic record to to reverse an era of Wall Street run amok, enabled by complicit politicians.
His tentative endorsement comes as Clinton has resisted pressure from liberal activists and her primary opponents to back the same policy.
In fact, Miller added, “we look forward to it”.
Perry went after both Clintons Wednesday.
Perry wants to replace the Dodd-Frank bill’s approach to resolving the failure of a large bank (which involves administrative action by regulators) with a new chapter of the bankruptcy code (he specifically cites this proposal from the Hoover Institution) that would allow it to be handled through the judicial branch.
Leveling the playing field between small banks and big banks is critical, continued Perry. Before him, another US Presidential candidate, Mr. Rand Paul, had announced to accept the digital currency as his campaign donations. “And there’s a reason for that: one analysis recently estimated that more than a third of Florida’s job growth under Jeb Bush’s administration was due to the housing bubble”.
The Washington Post quoted John Weaver, senior adviser to the campaign of Ohio Gov. John Kasich, describing the effect that Donald Trump’s presence has had in the race in a Tweet.
“Let’s get a pull-up bar out there and let’s see who can do the most pull-ups”, said Perry, once an Air Force captain, when asked by a reporter if he had any message for Trump.