It doesn't take Warren Buffett to realize that when companies don't know what new rules will look like, it affects their ability to commit capital and create new jobs.

Political pandering comes in all shapes and sizes, but every four years the presidential primary bring us in contact with its purest form - praising ethanol subsidies amid the corn fields of Iowa.

Barack Obama's life was so much simpler in 2009. Back then, he had refined the cold act of blaming others for the bad economy into an art form. Deficits? Blame Bush's tax cuts. Spending? Blame the wars in Iraq and Afghanistan. No business investment? Blame Wall Street.

Shakespeare would never have gone far in today's politically correct world.

If you wait until those weapons pose a direct, clear, present danger to the United States, you've probably waited too long.

Office holders are a self-selected group; you don't get elected if you don't put your name on the ballot. There are many people who would do a great job, but who would never think to run. Find them. Badger them. Get them elected. They might not thank you for it, but a lot of other people will.

I'm an old man of 73, and I've been around a long time. If I don't know something by now, I probably never will.