With all my heart and soul, I hate sarbnaes-oxley. I dislike the disproportionate burden it places on small-cap companies. I loathe the paperwork it piles onto startups. This idea that a startup should forgo hiring, say, three engineers in order to pay for Sarbox legal and accounting fees is beyond dumb. It's suicidal for the American economy, which gets its vitality from startups. Intolerable was Congress' shaking its fist at American businessmen last summer. This same Congress, which spends Social Security funds within minutes of collecting them, is unwilling to take its own medicine. Hypocrites! Let us hereby propose that all 100 U.S. senators and all 435 House representatives stand up before the TV cameras―C-SPAN would be fine―once a year, and, with hands on hearts, swear to the truthfulness of their own numbers. Or risk jail.
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