August 19, 2011

Former Reagan adviser and ex-Bushie, Bartlett defends the actions by the Federal Reserve against the "grossly irresponsible" charges made by republican candidate Rick Perry. A few days ago Perry said this about Fed Chairman Ben Bernanke:

"If this guy prints more money between now and the election, I don't know what y'all would do to him in Iowa, but we would treat him pretty ugly down in Texas."

Karl Rove and others have condemned Perry's comments as "unpresidential."

(CNN) - Former Treasury official Bruce Bartlett labeled newly-minted Republican presidential candidate Rick Perry "an idiot" Friday.

Bartlett, who served at Treasury under former President George H.W. Bush and as a domestic policy adviser to the late President Ronald Reagan, delivered the choice words to the Texas Gov. in reference to his recent comments about Federal Reserve Chairman Ben Bernanke.

"Rick Perry's an idiot, and I don't think anyone would disagree with that," Bartlett said Friday on CNN's "American Morning."

Perry sparked controversy when he said Bernanke would be "treasonous" if he printed more money to stimulate the economy before the 2012 election.

"I mean, printing more money to play politics at this particular time in American history is almost treacherous, or treasonous, in my opinion," Perry said Monday in Iowa. He stood by his comments Tuesday.

Bartlett said the politics at the Federal Reserve are a serious problem and in part blamed U.S. presidents, who he said have historically not focused their energies on the bank.

Video is edited down from the original 7 min.

Can you help us out?

For 17 years we have been exposing Washington lies and untangling media deceit, but now Facebook is drowning us in an ocean of right wing lies. Please give a one-time or recurring donation, or buy a year's subscription for an ad-free experience. Thank you.

Discussion

We are currently migrating to Disqus

On May 14, 2022, we started migrating our comments from Insticator back to Disqus. During this transition period, some posts will have Insticator and some Disqus. For more information on the transition, as well as information regarding old C&L accounts, please see this post.


We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service for information on our posting policy.