Politicians also have a love affair with the 'small business exemption.' Too much paperwork? Too heavy a burden? Not enough time? Just exempt small businesses from the rule. It sounds so pro-growth. Instead it's an admission that the costs of a regulation just can't be justified.

President Obama has outsourced a major portion of the U.S. space program to the Russians. That's national policy. Taxpayer money. So let's stop playing games with this outsourcing distortion and talk about the fact that when we need is a president that knows how to manage big enterprise and create jobs.

Not since the steam engine has any invention disrupted business models like the Internet. Whole industries including music distribution, yellow-pages directories, landline telephones, and fax machines have been radically reordered by the digital revolution.

The Internet will win because it is relentless. Like a cannibal, it even turns on it own. Though early portals like Prodigy and AOL once benefited from their first-mover status, competitors surpassed them as technology and consumer preferences changed.

Politicians wishing to set a better tone should have the discipline to avoid televised cage matches.

The debt-ceiling vote isn't about what will be done in the future; it is about the integrity of America's commitment to support the bonds we issue. Elected officials have an obligation to maintain that integrity, regardless of whether they voted for the programs that required the borrowing in the first place.

Nothing panics politicians like $4 a gallon gas.