Perry stands by 'treasonous' comment on Bernanke | CNN Money
Bernanke 'treasonous'? I don't think so. Bernanke has a PhD in Economics from MIT. Quantitative Easing was done to combat massive shrinking of the economy (aka 'Deflation'). Bernanke wrote about the effects of deflation in the Bernanke Doctrine.
What I do know is 'treasonous' is a pretty strong word to be used by someone [Perry] with a 2.23 GPA, and who earned a bachelor's degree in animal science.
Bernanke: 1, Perry: dumb
UPDATE: Perry's GPA is actually 2.23 (correction made) using the standard weights for grades (A=4, B=3, C=2, etc). You can read an article regarding his transcript at Texas A&M at the Huffington Post. Better yet, just view his transcript here.
Here's some items that stand out:
Phys Ed 102: B - Really, Perry? You couldn't get an 'A' in this class?
Phys Ed 202: B - For realz?
History of the U.S. (105): C
History of the U.S. (106): C
and most importantly...
Principles of Economics (Econ 203): D
WTF!
And he wants to throw insults at Bernanke?!
GTFOH.
I'm getting shivers: just realized we could end up with another President from Texas with a low GPA. Didn't the last one do enough damage?!?!?!!!
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