Texas governor and 2012 presidential candidate Rick Perry has been heavily criticized this week after he remarked on Monday that he would view it as "treasonous" if Fed Chairman Ben Bernanke printed more money between now and the 2012 election.
Despite the negative feedback, Perry did not go back on his statement, telling Peter Hamby after a luncheon with small business owners in Dubuque, Iowa, "I am just passionate about the issue and we stand by what we said".
This morning on AM, Jerry Seib, Wall Street Journal Washington bureau chief and Mark Preston, CNN senior political editor, weigh in with Carol Costello about today's political headlines and discuss whether or not Perry's comment will hurt him on the campaign trail.