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 ...
Andrew Jackson Killed the 2nd bank of the United States with the help of the States, so could Perry kill the Federal Reserve.
It’s not even the first time he’s said it, and Rove knows it.
Karl Rove needs to be proctoscoped for his roll in electing the Current Communist in the White House.
>> Isn’t intentionally debasing the money supply a form of treason?
Yes it is — and I’d kinda like to see a Perry staffer double down on Perry’s comment by educating the public as to *why* this is so.
Counterintuitive, brutal, effective.
I guess people like Rove know what Bernanke’s intentions are and don’t like seeing him called out on them.
Who cares what this fat old Rino says.
” Rove knows Perry has a Conservative preception gap. What better way to make him look like one of us, than have Perry blast the Chairman of the Fed in this manner, then call him names in public for having done so. Wonder what position Rove has been promised. “
First thing I thought of....
Incoming POTUS: “Ben, I’d like your resignation.”
Bernanke: “I decline, Mr. President.”
Incoming POTUS: “Your new salary will be $1 per year and your new responsibilities will be limited to keeping the toilets clean in the Treasury office building. Dismissed.”
It may have been confusing and didn’t make made sense to you, but I used that term to explain the gap between the way Perry wants to be seen as opposed to the way he is seen by a large body of Conservatives.
“That’s all I need to know.”
So Romney gets your vote - right?
I would have thought the fact that Sarah Palin enthusiastically endorsed and supported him for GOverno of Texas would have proven he wasn't a RINO. Sarah isn't in the habit of endorsing RINOs, if you ignore McCain, which Palin supporters tell us repeatedly we are supposed to ignore.
I can't think of any other person that would be considered a "RINO" that Palin has ever endorsed and supported.
And since most of what is held against Perry is things he did that were well-known prior to his last election, it is clear that Palin didn't think those things made him a RINO.
And Perry has only gotten started....HA HA HA
I’m a Palinite but I give props that Perry addressed the “T” word to someone in the Obama administration...
Now, who wants to go double or nothing for the letter “P” (prison terms)?
There is bad blood between Bush/Rove and Rick Perry, so this comment is not a surprise. The real point here, however, is that Perry is speaking the truth. Bernanke’s handling of the Fed has been treasonous.
Isn’t “head in the sand” type thinking that got us into this financial mess? Along comes a candidate that tells it like it is and presto, he is slammed by the GOP elites.
A President Perry is stuck with Bernanke? Really? Congress created the Fed, and they can change the rules.
I don’t give a damn what Rove or Nichole Wallace or any other Republican operative has to say. I’ll care about their opinions when they start donating their time to a candidate instead of selling themselves off to the highest bidder. They’re all as phony as a $3 bill.
Same here. Go Perry!
While it might not be the most presidential-sounding statement, it will do more to get the attention of ordinary citizens focused on the Federal Reserve than some scholarly statement from Gingrich, or one of Ron Paul's many observations on the Fed.
Printing money always has been a problem for leaders who prized individual liberty and opportunity for citizens.
The following a just a few statements on the subject which indicate that Perry has history and facts on his side, if the public wishes to study the "paper money" subject. These quotes are a few on the subject from "Our Ageless Constitution". Dr. Edwin Vieira has written extensively on the Founders' protections for liberty through their provisions for a sound money system. A search of his writings might enlighten those who do not understand the following statements.
Thomas Jefferson: "Paper is liable to be abused, has been, is, and forever will be abused, in every country in which it is permitted."
". . . although the other nations of Europe have tried and trodden every path of force or folly in fruitless quest of the same object, yet we still expect to find in juggling tricks and banking dreams, that money can be made out of nothing. . . The misfortune is. . . we shall plunge ourselves in unextinguishable debt, and entail on our posterity an inheritance of external taxes, which will bring our government and people into the condition of those of England, an nation of pikes and gudgeons, the latter bred merely as food for the former."
"Stock dealers and banking companies, by the aid of a paper system [paper money] are enriching themselves to the ruin of our country, and swaying the government by their possession of the printing presses, which their wealth commands, and by other means, not always honorable to the character of our countrymen."
Then there is John Maynard Keynes observation in "The Economic Consequences of the Peace - 1920":
"Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method, they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. . . . Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. . . . (It) does it in a manner which not one man in a million is able to diagnose. . . ."
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.