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UPDATE 3-White House denounces Perry as Republicans target Fed
Reuters ^ | 16 Aug 11 | Patricia Zengerle

Posted on 08/17/2011 3:53:03 AM PDT by SkyPilot

* Perry threatens Fed chairman, Bachmann also criticizes

* Remarks reflect intense political pressure on Fed

* White House says threatening Bernanke "not a good idea" (Adds fresh quotes from Bachmann, Obama, economist)

WASHINGTON, Aug 16 (Reuters) - The White House denounced Republican presidential candidate Rick Perry on Tuesday for his threatening remarks toward the head of the U.S. Federal Reserve that represented some of the most inflammatory rhetoric of the 2012 election campaign.

Campaigning in Iowa on Monday, the Texas governor said he would consider it "treasonous" if Fed Chairman Ben Bernanke "prints more money between now and the election" in November 2012 -- a fresh sign of the political heat the central bank faces as it tries to right the stumbling U.S. economy.

"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.

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.

(Excerpt) Read more at reuters.com ...


TOPICS: Breaking News; Constitution/Conservatism; News/Current Events; Politics/Elections
KEYWORDS: 45; benbernanke; bernake; bernanke; fed; federalreserve; idiot; idiots; perry; qe3; rickperry; rickperryperry2012; stupidparty; thefed; treason
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Well, this is getting interesting.

First, Perry gets under the narcissists skin by reminding him he was an Air Force officer and C-130 pilot.

Then, he calls the Fed out for their blatant manipulation.

1 posted on 08/17/2011 3:53:08 AM PDT by SkyPilot
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To: SkyPilot
Obama's Veep can call the teaparty terrorists but no one on the other side can utter a word about the traitorous actions of this White House and its lackeys?

That said, I do hope Perry is strategic with his attacks and chooses his words carefully. Obama is a target rich environment and a careless man might get carried away.

2 posted on 08/17/2011 4:02:23 AM PDT by RoosterRedux
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To: SkyPilot

If you look at the comments section at Reuters you will see most of the people agree with Perry.
What a joke we have for a president.


3 posted on 08/17/2011 4:12:54 AM PDT by lucky american (I'm tired.)
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To: SkyPilot

Man, Obama really wants to run against Romney.


4 posted on 08/17/2011 4:15:13 AM PDT by redk
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To: SkyPilot

Looks like the Fed Chairman has friends in high places.

Maybe the Perry people should cite several respected financial guys who would back up that statement in a heartbeat. Don’t let the White House isolate you and make people think you don’t know what’s going on.

Perry should not take this lying down - from Rove or anyone else. Fight back.


5 posted on 08/17/2011 4:15:21 AM PDT by MichaelCorleone (Those who love liberty love Sarah)
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6 posted on 08/17/2011 4:16:09 AM PDT by devolve (If my graphics offend you/HLS scroll down - If too large simply carefully back away from your PC)
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To: SkyPilot

Bernanke is stealing your savings.

Destroying the credit of America. If that isn’t treasonous it is at least stupid.


7 posted on 08/17/2011 4:22:44 AM PDT by Venturer
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To: SkyPilot
Perry's shot across the bow of QE Fed captained by Benny and crewed by the Pretend and extenders zombie bank is a classic battle between the money interests and the frontiers/know nothings people. Calling Benny and the Fed treasonous freezes the Fed until after the election (eventhough they already admitted they were out of bullets and on the sidelines until after the election).

What I find interesting is all the critics of Perry's statement dwell on use of the word 'treason' which they claim is a hanging offense. I have heard no one examine the meaning of Perry's statement, which in my opinion, was Printing money forever weakens a country's currency and thus weakens a country.

8 posted on 08/17/2011 4:35:27 AM PDT by tomd2
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To: SkyPilot

This is great.

Just letting them know we’re on to them.


9 posted on 08/17/2011 4:54:51 AM PDT by wolfcreek (Perry to Obama: Adios, MOFO!)
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To: tomd2

Hmmmm, WH denouncing Perry, establishment Republicans denouncing Perry ....looks like he’s RIGHT over the target!

Keep it up, Perry.

Get in their FACE.


10 posted on 08/17/2011 4:58:43 AM PDT by LibsRJerks
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To: tomd2

Almost treasonous is what he said. I liked it myelf.


11 posted on 08/17/2011 5:11:44 AM PDT by tirednvirginia ( You)
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To: SkyPilot

“The White House responded by saying it is important for the Fed to remain independent, and jabbed back at Perry,”

Yeah that shows “independence” all right.

These people are striving for the Marxist goal of “no wealth”.


12 posted on 08/17/2011 5:19:29 AM PDT by DBrow
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To: SkyPilot
Just follow the O'$..
 
" Uhhhh, that's not ours either! "
---Weiner, Obama, Pelosi, Frank, Pritzker and Associates, LLLP.

Follow the....

http://www.campaignmoney.com/finance.asp?type=in&cycle=08&criteria=pritzker&fname=penny

Billionaire business mogul Penny Pritzker is a member of one of America’s richest families and was the Finance Chair for the presidential campaign of Barack Obama. It was Pritzker that led the prolific, and illegal, fundraising that helped power Barack Obama’s presidential campaign. She was the chair of Chicago-based Superior Bank’s board for five years.

Pritzker was into subprime lending before it became all the rage starting in around 2000. Prtizker's chairmanship was to concentrate on sub prime lending, principally on home mortgages, but for a while in subprime auto lending, too, after the Pritzkers' bank acquired its wholesale mortgage organization division, Alliance Funding, in December 1992.

Back then they called it "predatory lending."

Superior Bank went belly up in 2001 with over $1 billion in insured and uninsured deposits; 1,406 depositors lost much of their life savings. This collapse came amid harsh criticism of how Superior’s owners promoted sub-prime home mortgages.

On Nov. 1 [2002] the Federal Deposit Insurance Corp. pointed the finger at Ernst & Young, Superior’s auditor, in a fraud suit filed in federal court here. But that action came two months after a group of Superior depositors accused the bank’s owners and directors, including two members of the Pritzker family, of racketeering....

[snip]

...Pritzker is chairman of Classic Residence by Hyatt, luxury senior living communities in 11 states; chairman of The Parking Spot, which owns and operates off-airport parking facilities in nine cities; chairman of the credit data company TransUnion and chairman of Pritzker Realty. She also sits on the board of Global Hyatt and plays a role in numerous non-profit groups, including serving as chairman of the Olympic village portion of Chicago’s bid to win the 2016 Summer Games.
http://www.theobamafile.com/_associates/PennyPritzker.htm
Nudge nudge nudge...

13 posted on 08/17/2011 5:57:41 AM PDT by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
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To: tomd2
In fact, some argue that with no appetite among politicians for more fiscal stimulus, Fed action could be the only avenue left for Washington to support the U.S. economic recovery.

How is government action such as the stimulus or FED money printing helping the economy? That's the question. We should no longer just assume that either are helping.

14 posted on 08/17/2011 6:03:59 AM PDT by MulberryDraw ( Where's the democrat budget? What's the plan?)
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To: SkyPilot

The White House is worried about Perry? That makes 2 of us. :(

His conservative credentials are thin. I can see him talking the talk, getting elected, and then being a debacle like Warren G. Harding sometime around 2014.

Then again, standards were a lot higher in the 1920s. I’d settle for Harding.


15 posted on 08/17/2011 6:05:19 AM PDT by Lady Lucky
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To: redk

Man, Obama really wants to run against Romney.

Great line-cuts to the bone!


16 posted on 08/17/2011 6:05:27 AM PDT by madameguinot (Our Father's God to Thee, Author of Liberty)
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To: SkyPilot

Even ‘republicans’ are attacking Perry.

This morning, FoxNews had Santorum on criticizing Perry for his ‘treasonous’ comment.

Perry’s entry has really upset the establishment Republicans, and Dems, and MSM apple cart.


17 posted on 08/17/2011 6:13:39 AM PDT by TomGuy
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To: Lady Lucky
I’d settle for Harding.

Hardings dead.

Whose your second choice?

18 posted on 08/17/2011 6:14:23 AM PDT by Doofer ("If debt is the problem, how is more debt the solution"?)
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To: Doofer

Palin.


19 posted on 08/17/2011 6:15:36 AM PDT by Lady Lucky
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To: SkyPilot

Oh please, Perry didn’t threaten anyone.


20 posted on 08/17/2011 6:16:04 AM PDT by Chandalier (You say Obama, I say O-blame-o!)
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To: Lady Lucky
Palin.

I trust the lady but I have my doubts if she's electable.

21 posted on 08/17/2011 6:18:14 AM PDT by Doofer ("If debt is the problem, how is more debt the solution"?)
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To: SkyPilot

He must be doing something right if they’re already “denouncing” him. I think we’re going to need more popcorn. :)


22 posted on 08/17/2011 6:19:58 AM PDT by LUV W (It's the Obama Downgrade!)
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To: SkyPilot
Even though I have SERIOUS reservations and take great exception to Perry's immigration stance...his visit to, speech and pandering to La Raza in 2010 is inexcusable and his own actions and statements about how we handle illegals already in this country will contribute to the continuing decline of our culture and nation...I still love what he is doing in this regard by calling the fed out and getting under the dems skin.

His positions on abortion, the 2nd amendment, national defense (as in our armed forces), and most of the economic issues also appear to be very strong.

But the immigration issue and his so obvious stand on it, mean I will support another in the primaries. IMHO, you have to get all of those right.

Having said that, should he be the nominee against Obama, I will vote for him to remove the Marxist.

THE MAN WHO DESPISES AMERICA

23 posted on 08/17/2011 6:28:43 AM PDT by Jeff Head (Liberty is not free. Never has been, never will be. (www.dragonsfuryseries.com))
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To: Lady Lucky

So tell me just WHAT do YOU know about Harding? Look up the “Great Depression of 1920”.


24 posted on 08/17/2011 6:32:07 AM PDT by US Navy Vet (Go Packers! Go Rockies! Go Boston Bruins! See, I'm "Diverse"!)
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To: LUV W
He must be doing something right if they’re already “denouncing” him.

He's not playing by "the rules" and that scares the he!! out of 0bama!

0bama wants to only have to worry about another like thinker such as Romney.

I'm warming up to Perry more each day.

25 posted on 08/17/2011 6:36:21 AM PDT by EGPWS (Trust in God, question everyone else)
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To: tirednvirginia

They have dumbed down the populus they dont understand that rising gold prices means the $ is worth less. In reality, you have to work more to have the same purchasing power. But in this Alice in Wonderland/Orwhellian New Speak where they claim Food Stamps and Unemplyment are ‘job creators’, why would the sheeple understand their wages are staggnant and dont buy squat.

I have often wondered in the media would cover the specticale of a saver torching themselves in front of the Federal Reserve because their savings have been destroyed by ZIRP. Would that make the MSM understand the longterm damage Benny and the Pretenders are doing to this country.

Treasonous may have been too gentle. Destroyer is more appropriate. Destroyer of Savings. Destroyer or hard earned capital. Destroyer of initiative. Sorry for the rant I will take a little pill now. LOL

Listen to this: David Stockman unloads on the Fed on Bloomberg today. http://www.youtube.com/watch?v=vVMx-RnNHWM


26 posted on 08/17/2011 6:36:46 AM PDT by tomd2
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To: Doofer

I’m not worried about electability. All that counts with me is that I can trust them, that they mean what they say and won’t be diverted. Solid values. Grounded. Authentic.

Palin is clearly that, and if she’s not electable, then this nation is beyond recovery.

Not saying I wouldn’t vote for Perry in the general. But I wouldn’t feel good about the prognosis for America. Perry doesn’t strike me as the sort who can put America’s liberalism in remission.


27 posted on 08/17/2011 6:36:59 AM PDT by Lady Lucky
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To: MulberryDraw

Agreed. 10 yrs of Stimulus and crony capitalism have not done anything for this country. As Einstein said, Doing the same thing over and over again, and expecting a different outcome is insane. Welfare is just as bad for a Corporation as it is for the individual. Let me make it on my own and keep what a create.


28 posted on 08/17/2011 6:44:48 AM PDT by tomd2
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To: LomanBill

I notice that the WH didn’t deny that money would be printed for political reasons.


29 posted on 08/17/2011 6:50:31 AM PDT by Flint
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To: SkyPilot

just in case Benny Bernancke or “Bammy re really interested in an economic recovery...here’s the recipe..

Warren Harding figured it out in 1920...

Congress and the Executive Branch have lots to do.

So far they’re not doin’ it right..

Its been done before..

Harding cut the government’s budget nearly in half between 1920 and 1922. The rest of Harding’s approach was equally laissez-faire. Tax rates were slashed for all income groups. The national debt was reduced by one-third. The Federal Reserve’s activity, moreover, was hardly noticeable. As one economic historian puts it, “Despite the severity of the contraction, the Fed did not move to use its powers to turn the money supply around and fight the contraction.” 2 By the late summer of 1921, signs of recovery were already visible. The following year, unemployment was back down to 6.7 percent and was only 2.4 percent by 1923.

http://www.firstprinciplesjournal.com/articles.aspx?article=1319&loc=r

BTW..ole Warren ALSO fixed immigration...

Mr. Harding signed into law the Emergency Quota Act[3] which sought to control immigration following World War I and preserve the distinctive American culture by ensuring the majority of immigrants came from the historically compatible cultures of Northern Europe. This law aimed to bring wages of hard working Americans under control by limiting immigration to 3% of the 1910 census. It was followed on by a similar act in 1924, after Mr. Harding’s death.[4]

A Warren Harding prescription...if filled ...would ignite the afterburners on the US job machine and the economy. However DC would have to yield on a tremendous amount of power. Our job as We the People...is to persuade them of the “utility” ..shall we say..of doing so. In all probability the same minds that made the mess...aren’t capable of the solution however.

BTW any takers that ‘Bammy couldn’t even tell you that Warren Harding was one of his predecessors in office?

Even more telling about what our betters in the RinoCracy think of a Constitutional President..

http://www.usnews.com/listings/worst-presidents/warren-harding


30 posted on 08/17/2011 6:53:13 AM PDT by mo
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To: SkyPilot

Yippeee!!!!!!!!! Go Perry Go!!! These thugs ain’t seen nothin’ yet. ;o)


31 posted on 08/17/2011 6:54:39 AM PDT by shield (Rev 2:9 Woe unto those who say they are Judahites and are not, but are of the syna GOG ue of Satan.)
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To: lucky american

“What a Joke We have for a President!”

Correction:

” What a Pathetic, Treacherous, Terrorist and Fool We have for a President!”

There is nothing funny about this pathetic manchild. Farrakkon called Obama their Prophet from ALLAH! Yep, Obama HUSSEIN sure did come straight from SATAN!


32 posted on 08/17/2011 7:01:27 AM PDT by True Republican Patriot (May GOD SAVE OUR AMERICA from ALLAH and his Prophet, HUSSEIN OBAMA!!)
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To: redk

Obama HUSSEIN certainly wants to run against Romney, it would be an instant replay of Pathetic McPAIN’S bumbling campaign!!


33 posted on 08/17/2011 7:04:21 AM PDT by True Republican Patriot (May GOD SAVE OUR AMERICA from ALLAH and his Prophet, HUSSEIN OBAMA!!)
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To: US Navy Vet

I don’t take assignments.

PS: Wipe your chin.


34 posted on 08/17/2011 7:04:41 AM PDT by Lady Lucky
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To: LomanBill
Can you explain the graph? What does each line represent? What does the spike indicate?

Thanks in advance!

35 posted on 08/17/2011 7:10:20 AM PDT by HOYA97 (twitter @hoya97)
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To: SkyPilot; RoosterRedux; lucky american; redk; MichaelCorleone; devolve; Venturer; tomd2; ...
What's fascinating to me is 10-1 comments AGAINST Obummer at the REUTERS link!!!!!
36 posted on 08/17/2011 7:14:58 AM PDT by sam_paine (X .................................)
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To: sam_paine

That is Great News!! Also, Hannity was playing crowd responses to Obummer HUSSEIN’S Rants yesterday compared to the 2008 Campaign Stumps! The Loud Applause and Cheers of 2008 have deminished to hearing the crickets chirping during the pauses in his teleprompter rants of the llast few days!!!! ;-)


37 posted on 08/17/2011 7:24:14 AM PDT by True Republican Patriot (May GOD SAVE OUR AMERICA from ALLAH and his Prophet, HUSSEIN OBAMA!!)
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To: sam_paine

Just goes to show you that most of the anti-Perry Haters at FR are very few in numbers. There’s more of his supporters than his non supporters...it’s nice to finally see a man who doesn’t backpedal to the thugs in DC.


38 posted on 08/17/2011 7:27:50 AM PDT by shield (Rev 2:9 Woe unto those who say they are Judahites and are not, but are of the syna GOG ue of Satan.)
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To: Jeff Head
I will support another in the primaries.

Hmmmm...my guess is fellow mormon, Romney? No surprise there.

39 posted on 08/17/2011 7:45:36 AM PDT by greyfoxx39 (My God can't be bribed by money or good works or bound by manmade "covenants". Romney's can.)
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To: All; SkyPilot
VP Biden calls the American people "terrorists" and "hostage takers" but candidate Perry says printing more money to play politics with is almost treasonous and it's DefCon 1 from the WH!

(Yawn.)

40 posted on 08/17/2011 7:45:49 AM PDT by newzjunkey (12yo's consent law, AB499 (Atkins), passed the CA Asm 50-25, Sen vote next.)
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To: tomd2
You're right. Mark Levin made the point on his show yesterday.

People knew Perry wasn't saying Bernanke should be hanged.

It was comment on the continuing devaluation of our currency.

41 posted on 08/17/2011 7:53:28 AM PDT by newzjunkey (12yo's consent law, AB499 (Atkins), passed the CA Asm 50-25, Sen vote next.)
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To: EGPWS

The illegals are warming up to Perry too so you are in good company.


42 posted on 08/17/2011 8:03:23 AM PDT by napscoordinator
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To: mo

I knew Calvin Coolidge had cut the income tax, and he’s generally credited with the economic prosperity of the 1920s. I didn’t know Warren Harding was an even bigger pro-growth, tax-cutting president until your post. I’ve just spent a little time reading up on him, and clearly he’s been overlooked by history and by conservatives. He unleashed the American private economy and started the economic boom that Coolidge (who was his VP) continued after Harding’s death. Very interesting—thanks for your informative post.


43 posted on 08/17/2011 8:09:10 AM PDT by American Quilter (aka American Hobbit)
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To: SkyPilot

Perry said ALMOST treasoness - which it is.
Keep it up Rick !


44 posted on 08/17/2011 8:10:01 AM PDT by PMAS
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To: shield

I don’ understand the support from an intelligent group of people. Perry’ love for the illegals will destroy the country even more than Obama. 12 million Democratic voters will be difficult to beat. If Perry would renounce his love of illegals, I certainly could support him. Even Obama has not brought up amnesty. What is it about Republicans that have this love for illegals. Reagan, bush and now Perry. I don’t get it.


45 posted on 08/17/2011 8:10:23 AM PDT by napscoordinator
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To: sam_paine

Check out DU and daily KOS. Noone is happy. Hee hee.


46 posted on 08/17/2011 8:10:31 AM PDT by madameguinot (Our Father's God to Thee, Author of Liberty)
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To: PMAS

The only problem I have with the word treason is that it is used way too much and has watered down the word.


47 posted on 08/17/2011 8:14:02 AM PDT by napscoordinator
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To: Jeff Head; SkyPilot; greyfoxx39
Even though I have SERIOUS reservations and take great exception to Perry's immigration stance...his visit to, speech and pandering to La Raza in 2010 is inexcusable and his own actions and statements about how we handle illegals already in this country will contribute to the continuing decline of our culture and nation...But the immigration issue and his so obvious stand on it, mean I will support another in the primaries. IMHO, you have to get all of those right.

And your Mormon church isn't "pandering" to illegals by employing them as official Mormon church bishops? (By "employment" I don't mean a "paycheck"; certainly Lds bishops get ministry expenses reimbursed by the Mormon church)
2 LDS branch presidents in Utah deported to Guatemala, El Salvador

IMHO, you have to get all of those right.

And your Mormon church -- they've "got it right?"
Considering The Disconnect Between Some LDS Church Members and Leadership on Immigration

It seems, Jeff, that you hold your GOP candidates to a higher stance than you do your church. But I guess unlike the Mormon church -- accountable to NO one -- GOP candidates are in sharp contrast accountable to the people.

48 posted on 08/17/2011 8:19:25 AM PDT by Colofornian
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To: SkyPilot

Translation: internal polling scows a 49 to 1 victory of Perry over Obama.


49 posted on 08/17/2011 8:22:25 AM PDT by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem.)
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To: greyfoxx39
greyfoxx39...you are showing your unbelievable bias, prejudice, and bad judgement.

As a matter of fact, NO, I will not be supporting Romney as any reading of my posts over the years, or a simple vist to my site would show.

My 1st choice is Sarah Palin, followed at this point by Bachman, then Cain...depending on who else gets in the race...followed probably by Santorum...all before Perry and Romney.

Now, if it came down to (which I do not believe it will) a vote between Romney and Obama, it is clear how I would pull that lever.

So, greyfoxx39, take your bias and prejudicial judgement (and it is really out of hand if you cannot see it yourself) and just can it, or stick it some other place where the sun don't shine.

50 posted on 08/17/2011 8:28:06 AM PDT by Jeff Head (Liberty is not free. Never has been, never will be. (www.dragonsfuryseries.com))
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