What's the fallout on Tuesday for new GOP 2012 contender Texas Gov. Rick Perry....who said Monday in Iowa Federal Reserve Chairman Ben Bernanke would be treated "pretty ugly" in Texas--while suggesting the Bernanke's future moves may be "treasonous."
ABC News political unit's MICHAEL FALCONE and AMY WALTER sum it up:
CEDAR RAPIDS, Iowa -- In the space of less than 24 hours, the 2012 presidential race's newest candidate -- Rick Perry -- managed to call President Obama the "greatest threat to our country," raise questions about rival Mitt Romney's record as governor of Massachusetts and suggest that Federal Reserve Chairman Ben Bernanke might be close to committing a "treasonous" act.
It was a busy Monday for the Texas governor on his third official day as a Republican presidential contender, and he wasted no time firing a series of opening shots.
"If this guy prints more money between now and the election," Perry said at an evening meet-and-greet here, referring 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."
Lynn Sweet is a columnist and the Washington Bureau Chief for the 
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