Obama, Perry, and Presidential Speech

Obama, Perry, and Presidential Speech

The Obama White House is absolutely aghast, appalled, and chagrined but not over the president’s record low approval numbers or the unemployment rate. Instead, trashing about for something to distract the electorate from his monumental failures, Obama and his brain trust were all exercised ove their latest target, Texas governor and GOP presidential candidate Rick Perry and his ”inflammatory rhetoric” regarding Federal Reserve Chairman Ben Bernanke.

Perry had the temerity to suggest that if the Obama-Bernanke Fed prints more inflated greenbacks over the next year or so, prior to the general election, it would almost be “treasonous.”

Speaking in Iowa while President Obama was traversing the same region on what Mitt Romney called his “magical misery bus tour,” his taxpayer-funded, non-campaign trip in a million dollar, black-shrouded, Canadian-manufactured vehicle on his quest of votes next year, Perry said of Bernanke, “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.”

Gasp!

Those statements were interpreted by Obama’s primary, global news mass media supporter, Reuters, and by the White House as “threatening.” Not incidentally, the London-based, leftist-oriented Reuters has rarely printed a negative word or article about Obama although it verily overflowed with George W. Bush invective.

Also, to clarify, the Washington-based Federal Reserve System doesn’t print money, the Bureau of Engraving and Printing does. However, the 12 Federal Reserve banks serve as America’s central banking system and the Fed is responsible for destroying currency deemed unfit for circulation, a destructive task it has lately been accomplishing in more ways than one.

Newly-announced presidential candidate Perry was speaking extemporaneously in Iowa, absent an Obamian requisite teleprompter prop, when he issued his “threat,” which is far less threatening than a teleprompter malfunction would be to the president.

No doubt, Bernanke, re-appointed as Fed chairman by Obama, would be greeted in the Lone Star State for what he is, a shill for the administration and a “one-worlder” who has little fear of inflation or deflation and has vowed not to repeat past errors of the Federal Reserve which resulted in the Great Depression even as his monetary policies are heading us in the same direction, or worse.

No reasonable observer thinks Perry was seriously suggesting Bernanke would be physically assaulted in Texas and White House Press Hack Jay Carney was engaging in typically over-reactive, hyperbolic campaign rhetoric when he chastised the governor by saying, “I certainly think threatening the Fed chairman is not a good idea. . ."
(Read more at http://www.genelalor.com/blog1/?p=5227)