2554-08-17

Perry blasts Fed, Obama in noisy start to presidential race (Reuters)

WASHINGTON (Reuters) – Texas Governor Rick Perry has only been a presidential candidate since Saturday, but the Republican hopeful has already produced some of the most inflammatory rhetoric of the early 2012 campaign.

Perry seemed to threaten Federal Reserve Chairman Ben Bernanke on Monday, saying another fiscal stimulus would be “treasonous,” a sign of the political heat the central bank faces as it tries to right the stumbling economy.

“If this guy prints more money between now and the election, I don’t know what y’all will do to him in Iowa, but we would treat him pretty ugly down in Texas,” Perry said, to laughter from supporters in Iowa, which will hold the first elections of the presidential campaign in February.

“Printing more money to play politics at this particular time in American history is almost treacherous, treasonous in my opinion,” he said at the campaign stop.

Under Bernanke, who was appointed in 2006 by President George W. Bush and reappointed by President Barack Obama, the Fed has mounted one of the most aggressive central bank easy money campaigns in history.

It cut interest rates to near zero in December 2008 and has since bought $2.3 trillion in assets to provide an additional prod to

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