Out of the Hunt
Like many Democrats, I can't figure out why more voters who lean right don't stand in support of Jon Huntsman, especially after reading his recent op ed, Wall Street's Big Banks Are the Real Threat to our Economy.
(...)My guess is the last paragraph of the above citation isn't quite the Huntsman fundraising magnet, but more than that, any Republican who worked for a sitting Democratic president pushes one point home.
As president, I will break up the big banks, end future taxpayer bailouts, and restore capitalist principles – competition and creative destruction – to our financial sector.
We will accomplish this by imposing a fee on banks whose size exceeds a certain percentage of GDP, proving them an incentive to slim down and localize.
Many of us can recall an earlier time when we had community banks that were actually a part of the community, instead of a faceless Wall Street entity. They sponsored our kids' baseball teams. You knew the president on a first name basis. Your small business or farm's credit was based as much on your reputation and character as your FICO score.
We need banks that are closer to our communities that, if mismanaged, are small and simple enough to fail – not financial public utilities.
The federal government cannot afford to wait until the next financial crisis is upon us to act, which will be too late and cost taxpayers too much.
Whether it is ending Too-Big-To-Fail, reforming the corrupted culture of Congress, or eliminating special interest preferences in our tax code, we need a president who is not indebted to the power brokers in Washington or on Wall Street.
Huntsman is his own man.
Bringing me back to ask the original question.
Why aren't more Republicans supporting this guy?
Talk to Me.