Jon Huntsman and Too-Big-To-Fail Wall Street banks

Jon Huntsman has shown he is a candidate with a real shot at the nomination with his strong showing in the New Hampshire primary. Maybe now he will get the attention he deserves.

Mr. Huntsman has again addressed the issue of Too-Big-To-Fail Wall Street banks. He seems to be one of the very few politicians who is willing to take on Wall Street banks which threaten our country’s economy. I had written about this last month (see my post – Jon Huntsman and Too Big to Fail.

It would seem that many in the Republican and business communities are opposed to the regulation of financial institutions passed by Congress (Dodd-Frank) But if the government is responsible for the debts of the big banks, does it not make sense to regulate? Certainly, it can be argued whether Dodd-Frank got it right. But if there are no too big to fail institutions, a lighter regulatory hand is appropriate.

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