it’s going to get interesting, folks!
it’s been a long, long, 3 1/2 years and now it’s our turn.
Perry’s right.
funny anyone would bring up...”treason”
Yes, that borders on treason, because at some point that bubble will burst, then things will get real ugly.
ya know, the printing of the money does not concern me as much as how fast they are going to contract the supply...a sudden contraction in the money supply is one of the direct causes of the great depression....just like we got now, the feds kept pumping cash out during the roaring 20’s, and the sudden contraction, combined with the severity of the contraction, caused the depression.....both kennedy and rockefeller saw this coming and converted to cash in late ‘28 ( hence the scrooge mcduck cartoon ) and they both did real well (if you don’t count the booze running)...watch for the contraction, and convert to cash, because cash will be king
That’s funny, Governor Perry. I felt the same way about your support for TARP and for raising the debt ceiling $2.4 TRILLION dollars.
The Federal Reserve is a far greater threat to this nation than Islamism.
The man made a “C” in animal sex and now the teleprompter is saying he understands QE, Some how I do not believe that.
“Gov. Perry’s comments about Chairman Bernanke are inappropriate and unpresidential,” Tony Fratto declared tonight in a tweet.
Fratto, a former Treasury Department and White House official in George W. Bush’s administration, Managing Partner Hamilton Place Strategies and founder of RooseveltRoom.net, a web site for Bush alumni.
Perry was speaking at a stop during the second day of a three-day campaign swing through Iowa — home to the first-in-the-nation presidential caucuses.
“If this guy 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,” Perry said. “Printing more money to play politics at this particular time in American history is almost treacherous or treasonous in my opinion.”
The audience applauded his tough words.
As Perry continued, he echoed the longtime critique of the Fed often articulated by Ron Paul, the chair of the House Fed oversight panel and a 2012 GOP presidential rival.
“We’ve already tried this. All it’s going to be doing is devaluing the dollar in your pocket and we cannot afford that,” Perry said. “We have to learn the lessons of the past three years that they’ve been devastating. The President of the United States has conducted an experiment on the American economy for almost the last three years, and it has gone tragically wrong and we need to send him a clear message in November of 2012 that new leadership is coming.”
Bush selected Bernanke to replace Alan Greenspan as chairman of the Federal Reserve. President Obama renominated the Republican economist.
Asked by reporters today about former President Bush, Perry demurred.
“George Bush is not my opponent,” Perry said. “He’s a former president.”.....<<<< Source
The hit dawg ALWAYS hollers. Leadership!
I just donated to Perry’s campaign. So far he appears to be a genuine article; especially after revealing his college transcript. Wouldn’t we love to see Bozo’s? We don’t even know who he is!
Rick is Right.
I been pinging articles from Mises and Schiff, Rogers and Faber for >2 + 1/2 years predicting that Bernake's misguided Federal Reserve policies would continue to fail (as they did under GWB) and would lead to disaster but the wording Perry's uses strikes me as contrived and phony looking to bait our emotions. It reminds me the the King of the con-men : Trump.
Almost ?
interesting...
will Perry retreat? or as Palin says “reload” !
we shall see.