Rick Perry Accuses the Federal Reserve of Treason

(somewhere in Iowa; August 15, 2011)

additional commentary by Timothy Horrigan; August 15, 2011

Here is some truly bizarre video from Presidential hopeful Rick Perry, courtesy of ThinkProgress.  He didn't say anything this wild in New Hampshire. He accuses the Federal Reserve of treason and calls for the execution of Fed chair Ben Bernanke.  This threat comes from a Governor who has executed over 200 inmates, not all of them guilty.

By the way, in case, you are wondering, the reason why increasing the money supply is risky is because it drives up interest rates.  Interest rates (except on credit cards, which are unsecured loans made to people who don't have much money) are near zero.  Some commodities (e.g., oil and certain foodstuffs) are going up in price because of supply issues, but there is no monetary inflation.

"Perry threatens Bernanke"


Original URL:
http://youtu.be/pZ6BCWjX04A


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