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Tuesday, August 16, 2011

The Not Ready for Prime-Time Players

Steve Benen:

Republican presidential candidate Rick Perry raised a few eyebrows yesterday with borderline-violent rhetoric about the Federal Reserve and Ben Bernanke. “If this guy prints more money between now and the election, I don’t know what y’all would do to him in Iowa, but we would treat him pretty ugly down in Texas,” the Texas governor said. “Printing more money to play politics at this particular time in American history is almost treacherous, or treasonous, in my opinion.”

The comments have drawn bipartisan criticism, but as of this morning, the Perry campaign isn’t backing down.

A spokesman for Mr. Perry said Tuesday the governor “got passionate” in his remarks about the Federal Reserve, but he did not disavow the comments.

“He is passionate about getting federal finances under control,” the spokesman, Ray Sullivan, said in an interview here. “They shouldn’t print more money, they should cut spending and move much more rapidly to a balanced budget.”

Apparently he thinks the Fed has the ability to cut spending and balance the budget. What a clown.

    Posted by on Tuesday, August 16, 2011 at 09:54 AM in Economics, Monetary Policy, Politics | Permalink  Comments (60)


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