HuffPo has a story about Rick Perry and Phil Gramm working on a scheme in 2003 where Gramm's company (UBS) would purchase life insurance policies on teachers. The teachers families would get nothing, but UBS and the state of Texas would make big profits. This is hard to follow, but it seems like the deal ultimately fell through, but Gramm was later trying to do similar deals that would make his company huge profit using his protege (Perry)'s influence in state government.
Couple of points here. No wonder Republicans rail at government, because they are busy using government to make themselves rich. They know the corruption, because they are the corruption.
Second, I am more convinced than ever that the worst deal Christian conservatives ever made was to vote as a bloc for people who sold themselves as Christian conservatives who would return America to some mythic Christian past. They opened themselves up to any list of sociopaths who mouth Christian language on one hand, but pursue the most unChristian policies on the other. Rick Perry, Sarah Palin, and Michele Bachmann are the fruit. Hell, it started with the idiot Bush--who is looking smarter and more moral by the moment when compared to his followers. What does that tell you?