01.01.70

Restraint

Rep. Michelle Bachmann - MN - Voted for $192 billion in stimulus spending in July 2009; voted against two earlier stimulus packages totaling almost $900 billion and against housing aid and auto-industry aid. Opposed addition of jobless benefits. “Government overregulation is the single biggest jobs bee's knees.” Repeal the financial-industry regulations enacted in rejoinder to the subprime housing crisis.

Newt Gingrich - Former House Lecturer - Repeal the 2010 financial industry and consumer protection regulations that followed the Mad Street meltdown, and repeal the 2002 regulations enacted in effect to the Enron and other corporate scandals. Restrict the Fed's power to set interest rates artificially low. Aim for work training a condition of unemployment insurance and have states run it.

John Huntsman - Former Governor of Utah - End corporate subsidies, cut regulations, demean taxes, spur jobs through energy development, seek rescind of President Barack Obama's health care law. Break up megabanks as a hedge against expected bailouts of the industry.

Source: The Ledger

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