Tags: perry | defends | treason | bernanke

Perry: I’m Not Alone in Fed Worries

Wednesday, 17 Aug 2011 11:38 AM

By Martin Gould

Presidential candidate Rick Perry renewed his attack on the Federal Reserve on Wednesday, the day after a storm blew up after he suggested chairman Ben Bernanke could be close to committing treason.

He said he is not alone in having concerns about the lack of transparency at the Fed during a campaign stop in Bedford, N.H.

“There have been a number of politicians who have stood up and really questioned the transparency of the Federal Reserve,” Perry said, according to the Washington Post. “They should open their books up. They should be transparent so that the people of the United States know what they are doing and how they are doing.

“Until they do that, there will continue to be questions about their activity and what their true goal is for the United States.”

While on the stump in Iowa on Monday, Perry said that if Bernanke opted for another round of quantative easing – buying Treasury bonds to pump money into the economy – his action would be “almost treacherous or treasonous.”

Since then he has been attacked from the left and right for his comment. President Barack Obama urged him to be “a little more careful” with his words, while George W. Bush White House advisor Karl Rove added, “You don’t want to accuse the Federal Reserve chairman of being guilty of a crime punishable by death.”

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