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London Calling on Line 1 for Ron Paul

25 January 2008

Axe the Ox

Dale Amon (Belfast, Northern Ireland/Laramie, Wy) North American affairs

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I have been reading the Ron Paul Campaign blog on a regular basis and this portion of an interview with Glenn Beck brought a grin to my face:

GLENN: Okay. If you were President of the United States, what would you do?PAUL: Well, the advice would be return to the market economy. First
we would have to deregulate. We had a crisis a few years ago, at least
a supposed crisis with Enron and they superregulated. So I would
repeal certainly major portions of the Sarbanes-Oxley. So we would
argue for deregulation. Then, of course, there should be major, major
tax reform…

I suspect Editor Perry will also gain a smile from this one. Sarbanes-Oxley has been a disaster to the US economy from the git-go and it is about time a politician got up and admitted it.

Of course the City of London has loved it… all those US IPO’s did not vanish, they just came over here to Merry Olde Englande.

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