Rick Perry previously accused of Federal Chairman Ben Bernanke of being “almost treasonous”if he were to expand the money supply — which would potentially help the economy, and thus rebound to the benefit of President Obama’s re-election. They may not have put it as menacingly, but Congressional Republican leaders wrote a letter to Bernanke on Tuesday themselves, urging him not to do so as well, a move contrary to the usual norms under which the Fed is supposed to be insulated from politics. But the Fed ignored them and announced a new round of monetary stimulus. Will Perry reprise his tough talk against Bernanke now that the Fed has apparently shrugged off his first warning?
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