Wednesday, March 05, 2008

A Word From Ron Paul

Trailwatch reached out to each of the remaining presidential campaigns and offered them an unedited forum in which they could address voters. As he was when we requested information for our Candidate Screener, Ron Paul was the first candidate to respond to our offer. We asked each campaign to submit 500 to 1,000 words on the issues they believe are the most important ones facing the nation at this moment in time. Here is what Ron Paul had to say.

... One of the most damaging regulations imposed on the American people is the
Sarbanes-Oxley Act. A survey by Financial Executives International put the
average cost of compliance with Sarbanes-Oxley at $4.4 million, while the
American Economics Association estimates the Act could cost American companies
as much as $35 billion. A study by the prestigious Wharton Business School found
that the number of American companies delisting from public stock exchanges
nearly tripled the year after Sarbanes-Oxley became law. One of the best things
Congress could do for the American economy is to repeal this damaging
legislation.

A Word From Ron Paul

Labels: candidate, delisting, Financial Executives International, Ron Paul

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