As if Ben Bernanke's job were not already stressful enough, he is now finding his name dragged into the political fray, an unusual place for the chairman of the Federal Reserve to be.
Texas Gov. Rick Perry famously and indelicately attacked Bernanke earlier this week, at a campaign stop in Iowa. "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. I mean, printing more money to play politics at this particular time in American history is almost treacherous, er, treasonous in my opinion," he said. Perry's comments attracted a lot of attention, but he is not the first 2012 GOP candidate to publicly criticize Bernanke. At a House Financial Services Subcommittee on Monetary Policy hearing in July, Texas Rep. Ron Paul argued with Bernanke on a number of points and criticized government bailouts of financial institutions. For better or worse, the man at the helm of U.S. monetary policy is now part of the 2012 presidential nomination storyline.
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