Perry, Fed, & ‘treason’

Texas Governor Rick Perry, campaigning in Iowa on Monday, responded to a voter’s question on the Federal Reserve, saying “printing more money…is almost treasonous.” Boston University School of Law professor Cornelius Hurley is director of the Center for Finance, Law & Policy and a former counsel to the Fed Board of Governors. He offers the following comment:

“Governor Perry’s talk of treason and his thinly veiled boast of treating someone ‘ugly’ in Texas is horrifying to the many of us with still vivid memories of November 22, 1963. In the race for less than 48 hours and the governor has already debased presidential politics.”

Contact Hurley at 617-353-5427;; Twitter @ckhurley