Ben Bernake may have said that The Fed would never monetize the debt - but it was just one of many broken promises made by the White House and the people in step with the Obama administration. And now someone is calling them out! Perry told listeners that printing money to play politics at this particular time in American history is almost treasonous". But why does Glenn think Perry doesn't go far enough?
"I would like to change that because I don't agree with that. Printing more money for politics at this time, he says, is almost treasonous. It is treasonous. Not almost. It is treasonous. At this time? Are you kidding me. I would even take out "at this time". Printing money for political reasons is treasonous. You are taking the people's money and turning it into a political campaign. It's wrong. It's wrong," Glenn said.