I already posted my announcement to endorse Eric Hovde for the Wisconsin US Senate seat a while back. I gave a few positives for each candidate, and essentially called it a two-man race, between Eric Hovde and former Wisconsin Governor Tommy Thompson. As of late, Mark Neumann has closed the gap, and Jeff Fitzgerald has picked up a few points as well. With all that going on, I still stand behind Eric Hovde, and for anyone still on the fence, I want to express why.
Each candidate has positives and negatives. No politician will ever be perfect on every issue, and that’s just the nature of the game. Tommy’s positives may be that he is very experienced, not only on the state level, but also as Secretary of the Department of Health and Human Services. That certainly gives him a leg up – perhaps he won’t be the typical “freshman” Senator. His experience with healthcare could also be an asset when we repeal Obamacare and replace it with real reforms.
But to me, the most important issue is where Eric Hovde stands head and shoulders above his opponents (especially Tammy Baldwin, I should add). Not just today, but over the next 10 years, the domestic issue we will face is cutting our government’s spending, eliminating the deficit, and slowly whittling away at our national debt. These are the issues where a Senator with a background in economics comes in handy.
Paul Ryan, one of the most controversial politicians in Washington, is leading the fighting for fiscal sanity. He is chairman of the House Budget Committee, and is the brain behind the fight to reform Americas costly entitlement programs. Ryan needs a partner in the Senate he can count on, and while Ron Johnson is doing the job just fine – two is better than one. Paul Ryan went to college and earned a B.A. in economics. Eric Hovde went to college and studied… that’s right – economics. If we want a parallel to Paul Ryan in the Senate, Eric Hovde could very well fill that position.
I think the thing I like most about Hovde is that he isn’t from politics. He doesn’t come from a family of politicians, the Bush family or the Kennedys. He comes from a private sector background – starting a business at 24 years old and working to become a millionaire, supposedly being valued at around $150 million. He knows business. He knows economics. If we want to get our business climate turned around, and if we want to start paying off our debt, we need Hovde.
Some people may not feel comfortable with a candidate who is so wealthy. There’s another way to look at it though. If there is someone out there who is willing to give up their prominent position in the private sector making millions of dollars, and trade it in for a Senate seat earning significantly less money – he’s doing it for the right reasons. Hovde isn’t running for Senate to earn money; he already has plenty of that. He’s running so he can help save our country.
Furthermore, because he is able to finance his own campaign, he doesn’t need to make backdoor deals with his fundraisers. Eric Hovde’s biggest fundraiser is Eric Hovde – not some labor union, not “the rich” or “the poor”, not whites or blacks or hispanics. He can go to Washington and do what he says he’ll do, without having to answer to some company who gave him large campaign contributions. He specifically talks about these kinds of seedy arrangements that distort our free market system.
For all the reasons above, I’m still sticking with Eric Hovde. He’ll get my vote on Tuesday, August 14th, and I hope he gets yours as well.

