Monday was Texas governor Rick Perry’s first full day on the campaign trail and he spent it in Iowa where Michele Bachman and Ron Paul won the Iowa Straw Poll.
One bystander asked Perry if he became president what would he do with the Federal Reserve. After some prodding, Perry drew aim on Federal Reserve chairman Ben Bernanke when he said:
“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…Printing more money to play politics at this particular time in American history is almost treacherous, or treasonous, in my opinion.”
Quantitative easing means that a central bank creates new electronic money which is used to purchase government and corporate debt. By buying up the debt, the bank is attempting to keep the banking industry lending money and to help keep the cost of borrowing money at a lower level.
Perry has already come under criticism for his remarks. Former deputy press secretary to President George W. Bush, Tony Fratto called Perry’s remarks “inappropriate and unpresidential.”
I want to know what’s so inappropriate for a person, including a presidential candidate to speak their mind and call treason – treason?
If anyone is allowed to exercise their First Amendment right of free speech it should be the president or someone running for the office.
America is tired of political leaders who pussy foot around issues and people for fear of being politically incorrect or overly harsh. Politicians need to stop tap dancing around the issues and face them head on. Stop putting the blame on others and offer viable solutions to fix the problems.
Sure some people are going to be offended, but that’s part of living in a republic where we have the right to speak the truth.