Monday, December 7, 2009

Principled Politics – 12/07/09

Bruce Bialosky: Selective Thoughts ..

## If the United States dollar is replaced as the reserve currency for the world, you can kiss our standing as "global top dog" goodbye. The reason for our current status is that everyone wants our money.

## That a caucus of the Democratic Party stated they would vote against any health insurance bill that excludes illegal immigrants displays a mind-set that has to stupefy most Americans. How did these people get elected and who do they represent?

## Let me get this straight, Obama is going to take some of the TARP money and use it to reduce debt. Only in Washington would money allocated from funds we do not have, and that increase the national debt, be returned to us (by not spending it in the first place) and have it described as debt reduction. Orwell must be rolling over in his grave.
Read more…

 

The Supreme Case Against Sarbanes-Oxley at the WSJ

As the Justices consider its constitutionality, new evidence shows that the law's costs far outweigh its benefits…

Sam Kazman, general counsel of the Competitive Enterprise Institute ..notes that "responsibility for bureaucrats was a fundamental issue for the Framers," and that the appointments clause was created "as an essential check on overweening bureaucracy. As colonists of England, they had seen offices created by both the king and Parliament spawn more offices with no accountability, creating what the Declaration of Independence refers to as a 'multitude of new offices' and 'swarms of officers to harass our people and eat out their substance.'"

Today, people who work at public companies—and their investors—understand this problem. Read more…

Tea Party Tops GOP on Three-Way Generic Ballot from rasmussenreports.com

Running under the Tea Party brand may be better in congressional races than being a Republican.

In a three-way Generic Ballot test, the latest Rasmussen Reports national telephone survey finds Democrats attracting 36% of the vote. The Tea Party candidate picks up 23%, and Republicans finish third at 18%. Another 22% are undecided.

Among voters not affiliated with either major party, the Tea Party comes out on top. Thirty-three percent (33%) prefer the Tea Party candidate, and 30% are undecided. Twenty-five percent (25%) would vote for a Democrat, and just 12% prefer the GOP.

Among Republican voters, 39% say they’d vote for the GOP candidate, but 33% favor the Tea Party option.  Read more…

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