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Three Hats Off To Judd Gregg

Commerce Secretary Judd Gregg
CNBC.com
Commerce Secretary Judd Gregg

Three hats off to Judd Gregg for withdrawing his nomination for commerce secretary.

And I mean three hats.

I’ve never seen anything like this.

I say this not in a partisan-political sense, but in terms of Sen. Gregg’s extraordinary character and integrity.

He would not compromise his beliefs.

Here’s the money paragraph: "However, it has become apparent during this process that this will not work for me as I have found that on issues such as the stimulus package and the Census, there are irresolvable conflicts for me. Prior to accepting this post, we had discussed these and other potential differences, but unfortunately we did not adequately focus on these concerns. We are functioning from a different set of views on many critical items of policy."

Judd Gregg has more backbone than anyone in politics today.

He did his best to cross over and help Pres. Obama. But as Gregg and I discussed in a recent CNBC interview, the senator has a long and outstanding record as a tax-cutter, budget-cutter, deficit-cutter, and debt-cutter. All of these principles have been badly violated in the so-called stimulus package. And of course the White House move to steal the Census Bureau during a crucial political-reapportionment period was a low blow.

But how many major public figures would have simply drawn a line in the sand and said, No, I simply cannot cross that line? That’s what Gregg just did.

With so many weak-kneed leaders in business and politics today, Gregg has just provided an incredibly strong leadership example. If you can’t wake up in the morning and look at yourself in the mirror in good conscience, then you’re doing something wrong. There’s a right way and a wrong way in life. Gregg chose the right way.

You know what? He ought to think very seriously about a presidential run. I mean it. This is an act of courage. That’s what we need.

    • Sen. Gregg Withdraws as Obama Commerce Pick