PERRY DROPS THE OTHER BOOT ON BERNANKE

Today’s Wall Street Journal editorial — “Perry’s Public Service, Behold a hard-money Texas politician” -- praises the substance, if not the form, of Gov. Perry’s fulmination against Fed Chairman Bernanke. Claiming the printing of money by the Fed would be a "political act" he considered "almost treacherous, treasonous," Perry said Texans would treat the Chairman "pretty ugly" if he ventured into the Lone Star state.

MY COMMENT

Perry's rant against the Fed is just the sound of the other boot dropping. In their single-minded pursuit of their first priority, making Obama a one-term president, the Republicans are committed to thwarting economic recovery any way they can. By hyping a "debt crisis" they stymie the fiscal policy option; now Perry is attempting to thwart the monetary policy alternative by dubbing any rescue attempt by the Fed as "a treasonous political act." These guys are dead serious about regaining power, and are willing to take the economy down in the process. The new Republican slogan: "We had to destroy the country in order to save it."