Eric Hovde on Capitol City Sunday - WQOW TV: Eau Claire, WI NEWS18 News, Weather, and Sports

Eric Hovde on Capitol City Sunday

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MADISON (WKOW) -- U.S. Senate Candidate Eric Hovde (R) believes it is time for citizen legislators to take back America.

The Madison millionaire is the featured guest on this weekend's edition of Capitol City Sunday.

Hovde said he entered the race, after watching how politicians on both sides of the aisle have led our country down the path to financial ruin.

"We will lose Medicare, we will lose Social Security.  I'm the one out there talking about what needs to be done to save these programs," said Hovde.  "I've talked about Social Security, for anybody that's over the age of 50, we're not gonna touch it.  Why?  Because you have planned your life needing that.  But if you're under the age of 50, we're gonna have to add two years to your retirement age," explained Hovde.

Hovde is a political outsider, but he has made millions managing hedge funds, which are designed to make money whether the stock market is rising or falling.

With Wall Street being blamed for so much of the nation's financial trouble, he's trying to distance himself from the people who caused those problems.

"I have competed against Wall Street," said Hovde.  "I have called out all the things, the fact that they packaged up toxic mortgages securities into CDO's and sold them off to people's pension funds." 

In the second half of the show, the wife and daughter of one of Hovde's opponents in that Senate race, former Gov. Tommy Thompson, talk about their involvement with Wisconsin Women In Government.

"The whole goal is to really encourage young women, older women, even high school girls to get active in their communities, get active in different public service and in government," said Kelli Thompson, who also serves as the Wisconsin Public Defender.

The group also awards college scholarships for both undergraduate and graduate work.

"The scholarships go towards educating young women to be community volunteers, to be able to make good choices when it comes to government, to know what government is doing," explained Sue Ann Thompson.

WWIG has its 25th annual scholarship recognition banquet at Monona Terrace next Thursday.

Dana Perino, former White House Press Secretary to President George W. Bush, will be the keynote speaker.

You can find out more about that event by clicking here.

Capitol City Sunday airs at 9:00 a.m. on WKOW.

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