According to Breitbart News Executive Chairman Stephen K. Bannon, “One of the inspirations of the tea party movement was to actually take individuals who were not career politicians and have them jump in as citizen legislators and join the vocal process.” David Brat, a professor who chaired the Department of Economics and Business at Randolph-Macon College, is “jumping in” in a big way.
Although he still retains his full professorship, Brat left his chair position at Randolph-Macon to take on House Majority Leader Eric Cantor (R-VA) for the 7th congressional district of the Commonwealth of Virginia in what Bannon calls “an historic and epic fight” to unseat a majority leader. Appearing on Breitbart News Sunday on Sirius XM radio, Brat admitted that a House majority leader has not lost an election since before World War II.
Nevertheless, the economist said that as a professor, he teaches hundreds of young adults about the $127 trillion in unfunded liabilities with which this country is burdened, saying “it is time to take action and do my part” in reversing the upward debt spiral. “There comes a point where you have to quit lecturing about it and take the challenge on yourself,” said Brat. The professor said that Eric Cantor and the leadership on both sides of the aisle in Washington will not even talk about the $127 trillion in unfunded liabilities.
Brat also stated that the $127 trillion is real and politicians have promised it to provide Americans with Medicare and Social Security; they are “promised by law” he explained. According to Brat, America doesn’t have the money to fund the programs; therefore, the programs are “insolvent and no politician will bring that up.” Brat said he would make a promise not to raise the debt ceiling. According to Brat, Cantor has been in Congress for fourteen years and gets “faked out every business cycle” by Democrats.
Brat claimed that his most important qualification for replacing Cantor is that he believes in free market economics and “that is not the same thing as being big business.” When he gets into Congress, Freddy Mac and Fanny Mae will have to go. “Those are not free market institutions,” Brat said. They were responsible for causing the housing crisis that led to the financial institution crash in 2009 by “telling banks not to do banking,” and Eric Cantor stood by and watched the whole thing. “And no one has the nerve” to address the problems and “reform the systems,” he added.
Bannon asked Brat, “Isn’t Virginia going to lose a very powerful congressman and someone who can do a lot to help Richmond?” Brat retorted, “The only thing Richmond is going to lose is a crony capitalist devotee. I’m running 100% on the Republican creed for free market capitalism and fiscal responsibility.”
Furthermore, Brat stated that it is well-documented that Cantor is one of the driving forces of amnesty. The professor asserted that “the only thing that amnesty is going to do is bring labor supply increase so the wage rate goes down, the unemployment rate goes up, and it hurts everyone in the district.”
Brat said that Cantor may have a lot of money in his coffers to run a lot of negative campaigns against him, but that there are many people “North of Richmond that are unhappy with him, and Eric has not been up there to visit them, ever. And they are not going to vote for him. And we got huge energy coming our way.”