When Texas governor, Rick Perry, implied (well it might have been a little stronger than an implication!) that Ben Bernanke might have bordered on being treasonous in some of his past or possibly proposed actions as chairman of the Federal Reserve System Board of Governors, he stirred up a hornet's nest.
Unfortunately, almost all of the public discussion about this event considered whether or not this was a civil or “politically correct” thing to say. None of it that I heard focused on the issue that drove the comment, specifically…
