Friday, April 6, 2012

Piling on the Debt


GOP primary candidates debate debt crisis solutions.

Tuesday, April 3, 2012 | 1:34 p.m.
"At a tea party forum" April 2, "six Republican congressional candidates debated a return to the gold standard, government spending cuts and even eliminating popular election of U.S. senators."  They all "agreed" that "none would vote to lift the federal debt ceiling."

Businessman
 Richard Lynch (R): “Under no circumstances whatsoever should we ever entertain the idea of raising the debt limit."  Financial adviser John Gauthier (R): “We can’t kick the can down the road.”  NC state Rep. Ric Killian (R): “The debt we already have is crippling our nation.”  Ex-Charlotte Councilman Edwin Peacock III (R) "said he would vote to lift the debt ceiling only if it was related to national security."  Insurance broker Mike Steinberg (R): “The greatest threat facing this country is not the federal debt. The debt is a symptom of not honoring the Constitution.”

Charlotte Councilman
 Andy Dulin (R) "said he bucked the CAUTION group itself when he voted to give financial incentives to Chiquita, the banana company that is moving its corporate headquarters to Charlotte. He said the company will bring jobs. Peacock replied that he voted against the incentives and suggested the company would have come anyway."

Steinberg "said he favors repealing the 17th Amendment, which calls for senators to be elected by popular vote, not state legislatures."  He also "was the only candidate to outright favor a return of the gold standard."  When "asked what distinguished him from others, Gauthier...cited his experience; Steinburg, his commitment to term limits; Dulin, his accessibility; Killian, his record; and Peacock, his enthusiasm and pragmatism."  Lynch: "They all have hair" (Morrill,
 Charlotte Observer, 4/3).

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