I think it's bit of a stretch to call this a threat.

It's not worse than saying we have Liberals in our sights for the 2012 election, or anyone of the hundreds rhetorical statements made on the campaign trail.

This only a fraction of the hate shown President Bush over the invasion of Iraq. It's all politcal rhetoric.

UPDATE 3-White House denounces Perry as Republicans target Fed | Reuters

WASHINGTON, Aug 16 (Reuters) - The White House denounced Republican presidential candidate Rick Perry on Tuesday for his threatening remarks toward the head of the U.S. Federal Reserve that represented some of the most inflammatory rhetoric of the 2012 election campaign.

Campaigning in Iowa on Monday, the Texas governor said he would consider it "treasonous" if Fed Chairman Ben Bernanke "prints more money between now and the election" in November 2012 -- a fresh sign of the political heat the central bank faces as it tries to right the stumbling U.S. economy.

"If this guy prints more money between now and the election, I don't know what y'all will do to him in Iowa, but we would treat him pretty ugly down in Texas," Perry said to laughter from supporters in Iowa.