Tuesday, August 16, 2011

Bernanke and the Rosenbergs

Rick Perry Compares Quantitative Easing to Treason

“If this guy (Ben Bernanke) prints more money between now and the election, I dunno what y’all would do to him in Iowa but we would treat him pretty ugly down in Texas. Printing more money to play politics at this particular time in American history is almost treasonous in my opinion.” - Rick Perry

Such a strange comment, really.  It's not like Perry led a lynch mob to burn down the Mint in Dallas during QE1 or QE2.  I'm also not sure how an appointed official of an independent agency plays politics, either. 

Look...I applaud Rick Perry's newfound repulsion to government spending.  God knows that if any private citizen so grossly exceeded their means, they would not retain any semblance of a decent credit rating.  But...he needs to tone it down with that treason stuff.  It's not like Ben Bernanke, though wrongheaded and hapless, is knowingly plotting to undermine the country.

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