The Washington Times: on Corporations

Katie McGinty: Expand the reach of the corporate net income tax

Gary Johnson: Visited Occupy Wall Street; we need radical surgery

Meanwhile, the federal government is spending us deeper and deeper into debt while we shell out billions in foreign aid we can no longer afford and trillions more for foreign wars in which our national interest is just not apparent to me.

Republicans and Democrats have both failed to respond to this reality. In order to create jobs now, we need radical surgery, not a haircut.

Jim Gilmore: Washington “asleep at the switch” at financial oversight

Gilmore said the situation stems from companies allowing too much borrowing against too little assets. “We simply have to have more oversight right now to make sure that people understand that they can’t operate their businesses that way against the public interest,” he said.

Warner faulted Washington and Wall Street for being “asleep at the switch.” He said the country should look at Britain’s use of a single financial regulator as a possible model to fix the current crisis. “If there was ever a time to send somebody to Washington that can read a balance sheet... it’s now,” Warner said.

Mark Warner: Financial crisis stems from companies over-borrowing

Gilmore said the situation stems from companies allowing too much borrowing against too little assets. “We simply have to have more oversight right now to make sure that people understand that they can’t operate their businesses that way against the public interest,” he said.

Warner faulted Washington and Wall Street for being “asleep at the switch.” He said the country should look at Britain’s use of a single financial regulator as a possible model to fix the current crisis. “If there was ever a time to send somebody to Washington that can read a balance sheet... it’s now,” Warner said.