Rick Perry Calls Ben Bernanke 'Treasonous'

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.

Uncle Ben goes shopping

In September I posted a video about Quantitative Easing from Patty Hirsch at Marketplace.org. This is a good follow up to that video.

"The Federal Reserve is trying to stimulate the economy by buying billions of dollars worth of bonds from banks. Senior Editor Paddy Hirsch explains how that's supposed to work."