Daily Archives: August 16, 2011

Claire Jones

Fed chairman Ben Bernanke has again found himself on the receiving end of flack from a Republican. This from Texas governor Rick Perry:

If [Bernanke] prints more money between now and the election, I don’t know what you would do with him…We would treat him pretty ugly down in Texas. Printing more money to play politics at this particular time in American history is almost treacherous — or treasonous in my opinion.

The implications of the barbs are potentially more serious than those the Fed chairman has received from Ron Paul – author of End the Fed, a frequent thorn in Mr Bernanke’s side and the man the Republicans appointed to chair the House Committee that oversees the central bank.

And not because of Mr Perry’s loutish, implied threat of violence if Mr Bernanke were ever to visit the governor’s home state. Read more