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.

When Obama gutted Medicare by taking $717 billion out of it, the Romney plan does not do that. The Ryan plan mimicked part of the Obama package there, the Romney plan does not. That's a big difference.

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

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.

Bureaucrats behave very differently than a private-sector manager because their motivations are different. Permanent bureaucrats, no matter how senior, worry about their next job.

After everyone has had a chance to bluster, posture, and pontificate, we are left with one basic question: under any foreseeable circumstance, would it be in our national interest to default on our debt? The answer is unequivocally no.

As a boy, when I was bad, my mother would chew me out in Spanish. And since I was bad a lot, I learned a lot of Spanish!