Texas governor, and freshly minted GOP presidential candidate Rick Perry will have to explain what he meant when he said "we would treat [Fed chairman Ben Bernanke] pretty ugly down in Texas" if he prints money -- or, more charitably, printing more money than usual. Likewise, he'll have to explain why he thinks printing money -- or prints more money than usual -- would be "almost treasonous," at least as compared to, say, secession.
But what's gone completely unnoticed in the wake of candidate Perry's first big flap is his rationale for opposing a looser Fed policy in this depressed economy: specifically that it would work, boost the economy, and thus make it harder for the GOP to defeat President Obama.
"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."
To recap, exercising Fed policy to save America's economy when a Republican is president, vital and necessary. When that President is Barack Obama, it's treason. Also, Texans will attack central bankers on sight. This from, as Beutler mentioned, a proponent of the state's secession from the union.
I told you guys the opposition research on Perry would be miles of laughs, right up until this jackass gets the nomination.
I will give Perry credit for one thing however: he's pissing off Karl Rove. Meanwhile, President Obama is having fun with the newbie.
You know, Mr. Perry just got into the presidential race. I think that everybody who runs for president, it probably takes them a little bit of time before they start realizing that this isn't like running for governor or running for senator or running for Congress, and you've got to be a little more careful about what you say. But I'll cut him some slack. He's only been at it for a few days now.
Classic Obama, folks. Classic.
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