Very refreshing and, as Mark Twain said, remarkable for its lonesomeness.
Posted on 08/16/2011 11:36:11 AM PDT by Cincinatus' Wife
Rick Perry's "treason" comments are drawing sharp criticism from a wide range of political observers and talking heads, among them Karl Rove.
"You don't accuse the chairman of the Federal Reserve of being a traitor to his country. Of being guilty of treason," Rove, who has clashed with Perry before, told Fox News (via TPM). "And, suggesting that we treat him pretty ugly in Texas — You know, that is not, again a presidential statement."
Rove continued: "If Rick Perry were to be elected president he'd be saddled with Ben Bernanke who has a term. He's an independent chairman of the Federal Reserve Board, appointed by president and confirmed by Congress and serves for a term and the president couldn't even ask him to resign. So, this is — I hope this is not the first of sort of over the top statements."
Politico has a roundup of reactions from some other prominent George W. Bush allies, none of whom had nice things to say about Perry's comments.
(Excerpt) Read more at slatest.slate.com ...
Obama 2012
I don’t love the statement he made. Is Bernanke doing QEs for political purposes? Perry’s going to have to answer questions about this statement.
which GOP candidate do you wish to become president and why?
“The best reasons I have for liking Perry is the people who hate him.”
Well said
lol. Yeah, it’s a secret plot!
Very refreshing and, as Mark Twain said, remarkable for its lonesomeness.
Yes, he is, and frankly I’m not sure he has more in the chamber in terms of knowledge of monetary policy.
Based on what evidence? Prove he is doing QEs for political reasons. Do you have any evidence?
Really.....explain McCain then?
Penalities can be monetary fines; jail and incarceration; and lastly the death penalty. The original Coinage and Mint Act of 1792, which followed the Constitution, and was the statutory expression of the monetary system mandated by the Constitution, has a most fascinating penalty for those who counterfeited the coinage of the nation.
Since it has never been changed by a Constitutional amendment it still is part of the Supreme Law of the Land, and one that more of today’s politicians, elected representatives, and elite bankers should perhaps reread - if they have ever read it to begin with, as it does have dire consequences. It states:
Sec. 19. And be it further enacted, That if any of the gold or silver coins which shall be struck or coined at the said mint shall be debased or made worse as to the proportion of fine gold or fine silver therein contained, or shall be of less weight or value than the same ought to be pursuant to the directions of this act, through the default or with the connivance of any of the officers or persons who shall be employed at the said mint, for the purpose of profit or gain, or otherwise with a fraudulent intent, and if any of the said officers or persons shall embezzle any of the metals which shall at any time be committed to their charge for the purpose of being coined, or any of the coins which shall be struck or coined at the said mint, every such officer or person who shall commit any or either of the said offences, shall be deemed guilty of felony, and shall suffer death. [2]
BTW: I thought I this question arose on the Bachmann didn’t attend family reunion thread.
He didn't say that. He said "for political purposes." So, does he or anyone else have any evidence that Bernanke is acting on a political motive? Dumb statement by Perry.
My recollection of what Perry said was “IF Bernanke prints money for POLITICAL purposes at this particular point in our nation’s history is almost treason”.
Not sure what is wrong with that statement but then again I am just a simple farmer and my opinion doesn’t count since I don’t have a law degree from Yale.
I appreciate the response.
I agree with you on Bachmann, I don’t trust Cain, although I have nothing to backup my gut feeling. I’d choose Perry, well actually ANY GOP candidate over Romney.
Rove should go and do that thing to himself that some say is impossible.
What a punk. There’s a war on and Rove has his head in a dank and dark place.
Retie, Karl, retire. Your days are over.
Rove and Perry are very similar on big government programs and amnesty, so it was a logical conclusion for me to draw.
Perhaps then you meant perception rather than “preception”?
>>>>Perry, when he met with reporters, was asked explicitly whether he was suggesting that such an action by the Fed would be strictly an attempt to help reelect the president. “If they print more money between now and this election I would suggest that’s exactly what’s going on,” he replied.<<<<
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.