Cruz in Debate: Let Big Banks Fail

Tuesday night’s Fox Business/Wall Street Journal debate in Milwaukee provided clues as to why Marco Rubio and Ted Cruz have been climbing, not by wide margins but perceptibly, into the top polling positions of the candidates behind the two poll leaders, Donald Trump and Ben Carson.

Republican White House contender Ted Cruz pledged on Tuesday that if he wins the presidency, he would eliminate four cabinet agencies, including the departments of Education, Energy, Commerce, and Housing and Urban Development.

“I would say the politics of it would be very, very, different if a bunch of lawyers or bankers were crossing the Rio Grande – or if a bunch of people with journalism degrees were coming over and driving down the wages in the press”, Cruz said.

“I believe that 2016 will be an election like 1980”, Cruz said, “that we will win by following Reagan’s admonition to paint in bold colors, not pale pastels”.

Cruz chose also not to clash with Florida Sen.

Cruz set Twitter on fire when he pledged to eliminate five major government agencies, but only named four.

Cruz contended that he would allow a banking giant like Bank of America fail if they came upon hard times rather than bail them out.

Cruz’s inability to correctly name off the agencies he wanted to eliminate recalled former Texas Governor Rick Perry’s debate flub in 2012 when he couldn’t think of the third federal agency he wanted to shut down.

Corey Boles, Senior Analyst with Eurasia Group, was impressed by how both Republican presidential hopefuls handled themselves in the debate and said they stood out among their peers. “Not just once but twice!!” “It’s hurting us economically, it’s hurting us from every standpoint, it’s causing tremendous difficulty with respect to drugs and what that does to many of our inner cities in particular”, Trump said.

That moment could come in a later debate that does not cater to a business-centric audience. Instead, Cruz focused repeatedly on promises to abolish the IRS. “Let’s see. Oh five – Commerce, Education and the um, um”, Perry said.