I asked President Obama's top strategist, David Axelrod, in an interview Tuesday morning his reaction to GOP 2012 contender Texas Gov. Rick Perry's comments--on the third day of his campaign-- about how Federal Reserve Chairman Ben Bernanke would be treated "pretty ugly" in Texas--while suggesting it may be "treasonous" if Bernanke "prints more money before now and the election."

"I never, ever thought a guy would come along who would make the others look almost responsible, but here he is and in three days he has certainly raised, he set a new standard for irresponsibility," Axelrod said.

On Day Three of his presidential campaign Perry said in Iowa:

"If this guy prints more money between now and the election," Perry said, a reference to Bernanke, "I don't know what y'all would do to him in Iowa, but we -- we would treat him pretty ugly down in Texas. Printing more money to play politics at this particular time in American history is almost treacherous -- or treasonous in my opinion."

Fact Check: Perry makes false claims