American Morning

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August 18th, 2011
05:33 AM ET

Talk Back: Are Rick Perry's treason accusations against the Fed out of line?

Rick Perry has come under fire this week by critics on both side of the political aisle who have called his remark that it would be "treasonous" for Federal Reserve Chairman Ben Bernanke to continue "printing money to play politics" both inappropriate and unpresidential.

Despite criticism, Perry stood by his comment yesterday, asserting that many politicians have questioned the transparency of the Federal Reserve. He stated that until the Fed "opens its books ... there will continue to be questions about their activity and what their true goal is for the United States.”

Talk Back: Are Rick Perry's treason accusations against the Fed out of line?

Let us know what you think. Your answer may be read on this morning's broadcast.


Filed under: AM Talk Back
soundoff (25 Responses)
  1. Annie

    In the interests of perpetuating INFLAMMATORY language, I would like to challenge Rick Perry's Christianity. Maybe a little self-examination is in order, Rick. H-m-m-m?

    August 18, 2011 at 8:19 am |
  2. Arvind

    Let's not react to Perry's comments but, look into the facts of the Fed's printing notes and its after effects...is it not destroying the US economy? So what would one call a person who fuels destruction?
    Printing notes to meet day to day expense is not the solution to our grave situation however, the solution is to have investments & a growth story in the US unfortunately, our President has totally failed in this most important area.

    August 18, 2011 at 8:17 am |
  3. Larry Peterson

    What about Mitch McConnell....whose number one priority is not jobs for Americans, or anything for Americans......but his number one priority is to bring down the American President......is that not Treason???......and I mean real treason! I thought trying to undermine the American government was treason.....and he proudly announced that was what he wanted to do, because if you undermine the president, you are undermining the government, no?

    August 18, 2011 at 8:16 am |
  4. D. A. N.

    Yes Way out of line! Obama cares for those in need, as for Perry, he cares only to get elected then watch out big businesses will be the only winners while we poor and now the middle class struggle to survive each month. Perry has got some gall to call treason what Obama has done when in fact his government hiring has cost the US money. Obama has a lot more care for the American people than Perry!

    August 18, 2011 at 8:15 am |
  5. Don L

    Did Rick Perry forget that on Oct. 24, 2005, Ben Bernanke was appointed by conservative Republican President George W. Bush? I doubt that if Bush were still in the White House, Rick Perry would have attacked Bush's own Fed Chairman.

    August 18, 2011 at 8:13 am |
  6. Eric P in Miane

    Treason!!What about a corrupt banking system that purposefully ballooned the housing market to maximize profit causing a banking crisis?What about the Koche brothers in wisconsin sending out all the ballots with the wrong election day date and address?Wheres all this yellow cake uranium in Iraq?the list goes on...

    August 18, 2011 at 8:11 am |
  7. Francis E. Kent

    I thought Rick Perry said "ALMOST treasonous." If he said ALMOST then he did not accuse Fed Chairman of being treasonous. I take it CNN is not interested in ACCURATELY reporting news if the news can be used to attack a Republican.

    August 18, 2011 at 8:04 am |
  8. Jackie K.

    Ironically, it is many Republicans and Tea Partyists whose behavior is more "treasonous" , if you will, with the fact that all they do is look for ways to sabotage Obama's presidency and, therefore, get in the way of progress. They should be held in contempt of the nation...some form of Obstruction of Justice???...or , at least, obstruction of progress.
    We FINALLY have an intelligent, eloquent and progressive man as president of our country and the Texan cowboys just can't stand it!!

    August 18, 2011 at 7:47 am |
  9. Peter

    Perry is absolutely right about the very troubling nature of the Fed's relentless assault on our dollar, and any well-read historian knows the most direct and damaging way to bring about a nation's decline is to undermine and devalue it's currency. It is about time more candidates (besides Ron Paul) brought monetary policy to the fore as that is one of the most important and consistently misunderstood problems with our country today. That is the story, CNN, that you and the rest of the media should be covering!!

    August 18, 2011 at 7:42 am |
  10. Bill Foster

    Rick Perry did not manage the economy of Texas. President Obama does not manage the U.S. economy. A State, our national, and the global economy are far beyond the grasp of career politicians. If economies are so manageable, why are they all in the crapper? Perry is just another popcorn candidate running on shotgun rhetoric, a haircut, and a smile. Accusations of treason are precisely what we do NOT need, ever. Perry is part of the problem of a lack of reasonable discourse in politics and most certainly NOT a solution to anything beyond bed head.

    August 18, 2011 at 7:32 am |
  11. Garland Douglas

    Rick Perry (Trump) is like a blind race horse. He leaves the starting gate with some idea of where to end up, but, absolutely no idea of how to get there. Not only were his accusations out of line, they were also misdirected. He should have accused John Boener and the leaders of the Republican party for purposely disobeying an executive order, from the President of the United States, when he ordered them to get the nation's business under controll in a timely manner, without a short-term fix. Every time out politicians start pouting and throwing tantrums, the President should turn individual issues over to university 'think tanks' to see to it our business is done. Rick Perry hasn't gotten the job yet. Already he is pouting and throwing tantrums.

    August 18, 2011 at 7:31 am |
  12. Robert Tannehill

    Representative Bachmann would probably issue 200 drilling permits in the Gulf, 100 in Alaska, and at least 100 in and around the US on Government Property. This would create at least 1,000,000 Good American jobs. She would do away with some of the Punative EPA rules pertaining to gas production. This would eliminate the SPECULATION in gas prices and immediately lower the price of gasoline.

    August 18, 2011 at 7:08 am |
  13. Bebe Bailey

    As a Republican, I amazed that you feel Rick Perry's comments are out of line when you think it is perfectly ok for the President and V President to refer to a group of republicans as "terrorists"!!! Months ago, our President called American Republicans "enemies"!!

    August 18, 2011 at 6:50 am |
    • Louise

      great point, Bebe!

      August 18, 2011 at 8:03 am |
  14. Tom Miller

    Not at all,the truth is the government should have been exposed 40 years ago when they started printing fiat money we arer in so deep that soon we all better learn a new languager becsause the usa will soon be owned and controlled by a foreign country.
    Thanks Ben and all your corrupt cronies.

    August 18, 2011 at 6:29 am |
  15. Kirby Horn

    Regarding the comments made by Governor Perry yesterday, I think a mistake was made, but being a republican I am willing to forgive him. It seems to me that all candidates for President are being careless with what they say, and the pundits, and bloggers, and even news hosts are having a hey day with it. Lets be honest about everything. Whoever becomes President, or if Obama remains in office, will be faced with huge problems, ones that may rely on pure luck to be fixed. Heck, I could be President, and things could change for the better with some good luck.

    August 18, 2011 at 6:25 am |
  16. Al Johnston

    Rick Perry and those who agree and follow him on this topic are clueless on what the FED is responsible for. The FEDS duties according to wikipedia are " Its duties today, according to official Federal Reserve documentation, are to conduct the nation's monetary policy, supervise and regulate banking institutions, maintain the stability of the financial system and provide financial services to depository institutions, the U.S. government, and foreign official institutions" They do not play the role of Congress who over the course of many years have spent the American money.

    August 18, 2011 at 6:23 am |
  17. michael cropper

    Treason. Incompetence. Atheism. UnAmercian. Sloth. Envy. Gluttony. They'll blow anything out of proportion to sully the other guy. I'm waiting for one of them to accuse the other of eating children. "It's the silly season".

    August 18, 2011 at 6:23 am |
  18. Rob

    Out of line? Understatement. To believe that the Fed Chair is playing politics with the economy like his tea party cohorts did with the debt ceiling is ludicrous. Now, what is treasonous, is the fact that a portion of the American people told this idiot that he could be President.

    August 18, 2011 at 6:19 am |
  19. Dan M in Texas

    Out of line – YES . And let's remember that Rick Perry also called for Texas to succeed from the US in a previous gubertorial campaign, That is out of line and that is treason. Wasn't Rick really calling for another Civil War ? Rick, Sarah, & Michelle as with all campaigners try to grab media soundbites. Maybe a Civil Lawsuit of Slander and Liable should be filed ?

    August 18, 2011 at 6:18 am |
  20. Glen

    I agree 100% with Perry. This is treason in my book.

    August 18, 2011 at 6:15 am |
  21. szatyor2693

    It was hyperbole and what is much more significant is that CNN makes so much out of it. It isn't CNN's job to show outrage at Perry's remarks! He is trying to get noticed and maybe indulges in a bit of polemics. So report on the responses from his critics but do not join them. CNN is doing a great deal of activist journalism: instead of reporting it is promoting!

    August 18, 2011 at 6:15 am |
    • A. Dunkley

      I agree with your comments. See my comment posted moments ago. I am dissapointed in our media and frustrated that I have to watch a combination of FOX and CNN to get both sides of the issues then decide which is more accurate or which is making attempts to be honest in reporting.

      August 18, 2011 at 8:00 am |
  22. Michael Wright

    Good Morning CNN,

    My question is: Is the Federal Reserve really a Federal Entity or is it privately ran? If it is the latter, then in all likelyhood Perry is correct.

    August 18, 2011 at 6:15 am |
  23. T. Samuels

    I'm not fond of Rick Perry, but he is entitled to point the finger to who ever he chooses. If his accusations hold no ground then what does anyone care? It woul only reflect poorly on himself. I like his tenacity but not enough to vote republican.

    August 18, 2011 at 6:13 am |