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.

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.

Mitt Romney has made it clear that he believes that President Obama was born in the U.S.

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.

Don't let that weapon technology proliferate. Don't let Saddam Hussein get capability for nuclear or chemical weapons, because he's already shown a willingness to use any weapon at his disposal.

Obama's view of the tax code is inherently political: Whom can we hit next? Energy companies, jet owners, bankers? Instead, the question should be how to promote economic efficiency by raising revenue without trying to manipulate corporate or personal behavior.

Defining marriage is a power that should be left to the states. Moreover, no state should be forced to recognize a marriage that is not within its own laws, Constitution, and legal precedents.