Thursday, August 18, 2011

Wall St. Journal: Perry Raised Right Issues on Fed

"If this guy prints more money between now and the election, I don't know what y'all will do to him in Iowa, but we would treat him pretty ugly down in Texas," Perry said to laughter from supporters in Iowa.

"Printing more money to play politics at this particular time in American history is almost treacherous, treasonous in my opinion," he said.


Republican presidential candidate Rick Perry has taken a lot of heat from Democrats and Republicans alike for his incendiary criticism of Federal Reserve Chairman Ben Bernanke. But The Wall Street Journal, while admonishing Perry’s choice of words about Bernanke, defends the substance of his dissatisfaction with the Fed. - Dan Weil/Newsmax
Perry suggested Bernanke would be “almost treasonous” to ease monetary policy further and that Texans would treat him "pretty ugly."

Perry's Public Service - Behold, a hard-money Texas politician. - Wall St. Journal

White House denounces Perry - Reuters

The White House responded by saying it is important for the Fed to remain independent, and jabbed back at Perry, who on Saturday entered the race for the Republican nomination to face Democratic President Barack Obama. Perry is already considered one of the strongest candidates for the Republican nomination.

"I certainly think threatening the Fed chairman is not a good idea," White House spokesman Jay Carney said.