Thursday, December 01, 2011

Huntsman's Financial Plan

I've said before that he is the most rational of the Republican candidates for president.  Here's a summary of his proposed financial policies. Of course, as with any candidate (Obama being the current classical example), you have to take these with a grain of salt. They do, however, make sense, by and large.
End Too-Big-To-Fail
Maximize Derivatives Transparency
Repeal Dodd-Frank - rather than repeal it, it needs to be modified so that it actually regulates the financial industry.
End Wall Street's Reliance On Excessive Short-Term Leverage
Fix Basel
Ensure a Stable Dollar Policy
Shut Down Fannie Mae and Freddie Mac
Restore the Rule Of Law
Is he too rational to succeed? Thus far, he hasn't been a factor. However, there is still time, especially as the line of candidates shooting themselves in the foot continues to grow.

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