Sen. June Thune may run for president in 2012. If he does, the Tea Party has made it known that they are not happy with his “yes” vote on TARP. In my exclusive interview with the Senator from South Dakota, he told The Brody File that the TARP vote “goes against every fiber of my body as a conservative. Many of us held our noses and supported it, but are extremely uncomfortable with how it got used. And I think that’s a lesson for us in the future.”
He went on to say that the Tea Party folks should understand that, “I do think in the end you're judged on the totality of your record.”
Thune will decide by the end of the month whether he will take the presidential plunge. Watch his answer below on TARP and the transcription is below as well.
Mandatory Courtesy: CBN News/The Brody File
David Brody: The Tea Party has banged and nicked you up on the TARP vote. Maybe it’s not even setting the record straight, but what do you have to say to the Tea Party folks who might be listening and say hey, back off here for a moment. You want to explain a little bit about the TARP thing and how that may be an issue if you decide to move forward in 2012.
Sen. John Thune: I think that’s an important issue for a lot of Tea Party activists, people in the movement, conservatives. My answer is look, when I voted for TARP, I didn’t vote to have the government owning car companies and insurance and banks. And that was morphed into something entirely different than what was promised and what was assured us when that vote was made.
But it was made under a different set of circumstances where we were told we were on the threshold of eminent financial collapse and we had to do something to restore confidence in the markets. We had to make sure the credit markets didn’t freeze up. There were some extraordinary circumstances at the time.
It goes against every fiber of my body as a conservative. Many of us held our noses and supported it, but are extremely uncomfortable with how it got used. And I think that’s a lesson for us in the future. Don't get fooled again but I do think in the end, you're judged on the totality of your record.
And if you look at my record in the 12 years of public service it's a right of center conservative record on economic fiscal, national secutiy, social issues. Abd I think, hopefully, people look at that. And certainly they can isolate on one vote if they want to. But it's certainly something that created a bad precedent and that's not a precedent I want to see set again in the future.