No bailouts, Let 'em sink. Nobody too big to fail

Dear old Uncle Sam has gotten into the habit of bailing out big companies that get into trouble.  GM, Fannie Mae, Freddie Mac, and AIG are the most flagrant examples.  The usual excuse is that allowing a big boy to go belly up will scare the market, causing a lot of other big boys to croak.  Causing a lot of money to be lost. 
   And, we passed a law, Dodd-Frank, which makes bailouts policy.  Dodd-Frank  sets up which companies will get bailouts, how much.
   The real problem with bailouts, is they urge on crazy behavior.  In no-bailout world, company management is pretty careful about the risks it runs.  If they do something really risky, and it fails, the company is toast, they and everyone in the company are out of work, the investors loose everything.  All around badness.
   But when Uncle Sam says he will bailout companies, all bets are off.   Now management can do all those crazy things, and if they fail, the company survives, they keep their jobs, and the investors are untouched (mostly).  No pain.  And without pain, nobody learns anything.  No pain, no gain.
    We ought to repeal Dodd-Frank.  We ought to make it real clear world wide that we don't bail out nobody, and we need to carry thru, and actually flush some loser down the drain, just to make the point.
     To run a capitalist society, which has made us all rich, you need capital.  We cannot afford to flush capital down the drain doing mortgage backed securities, credit default swaps,  futures trading, derivatives trading, and all those other risky gambling games they run on Wall St.

The Big Enchilada, jobs, jobs, and more jobs.

And everyone likes this one.  Turn the economy around, get hiring people, have jobs for everyone, enough jobs that workers can quit companies they don't like and be able to find another job.  That will bring wages up. 
   But to win the election, the GOP has to spell out HOW it is going to achieve this nirvana.  Voters want specifics.  Such as:
1.  Start the Keystone XL pipeline.  It will get crude oil shipments off the rails and into a pipe.  It brings oil in from one of our closest allies.  It will lower the price of gasoline and furnace oil.  It will allow US export of fuels to our friends around the world.
2. Repeal Sarbanes Oxley.  This 1000 page law is welfare for lawyers, an intolerable burden on companies, and has driven merger and acquisition business out of New York.  Getting rid of Sarbanes Oxley will make it easier to run a business, and business is what employs people. 
3.  Repeal Dodd Frank.  Another 1000 page law, welfare for lawyers.  Dodd Frank sets up ways for taxpayers to bail out firms "too big to fail".  Replace Dodd Frank with some anti trust action, any company too big to fail is clearly a trust, and needs to be busted.  Dodd Frank tells Wall St speculators that they can take any sort of risk, when things go bad Uncle will bail you out. 
4.  Reform corporate income tax.  For instance, money earned overseas should not be subject to US income tax.  Companies that make money overseas should be free to bring the money back to the US and spend it.  Right now Uncle takes 35% of every dollar brought home from overseas.  At this rate, it makes sense to leave the money in overseas banks earning a couple a percent rather than investing it back here at home.  And, that 35% corporate tax rate is the highest in the industrial world.  No wonder companies are sending jobs overseas, the taxes are lower. 
 5.  Reform the US patent system.  Right now no one can bring any new product to market without some patent troll suing for patent infringement as soon as the product makes a little money.  Look are the $600 million award against Blackberry some years ago.  Blackberry is filing for bankruptcy today.  Patents are granted for ridiculous things, like whether it takes one click or two clicks to place something in an internet shopping basket.  This constant threat of mickey mouse lawsuits makes getting a start up company off the ground harder.  It's the start ups  that employ people. 
6.  Remind every one that a $10 minimum wage doesn't put more money in worker's pockets, instead  it throws them out of work.
7.  Repeal the "Corporate Average Fuel Economy" (CAFE) requirements.  Four dollar a gallon gasoline is all the incentive anyone needs to build fuel efficient vehicles.  The current CAFE requirement of nearly 50 mpg makes new cars ridiculously expensive, leading to lower car sales and people refurbishing old cars to keep them running longer.