Peggy Noonan Urges Republicans To Break Up The Megabanks

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January 11, 2013 2:33 am
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Former presidential speechwriter Peggy Noonan argued in her Wall Street Journal column on Friday that Republicans “should go to the populist right on the issue of bank breakup” to give the struggling party a shot in the arm.

From the column:

If you are conservative you are skeptical of concentrated power. You know the bullying and bossism it can lead to. Republicans should go to the populist right on the issue of bank breakup. Too big to fail is too big to continue. The megabanks have too much power in Washington and too much weight within the financial system. People think the GOP is for the bankers. The GOP should upend this assumption. In this case good policy is good politics.

Read the entire piece here.

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