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April 2014

SYDNEY WILLIAMS: A RIGGED MARKET?

Having worked on Wall Street for 47 years, what constantly amazes is how little I know about the market and how it works. Nevertheless, I feel reasonably comfortable in answering the question as to whether the market is rigged in the negative, despite allegations to the contrary by Michael Lewis in his fascinating book Flash Boys. With about 200 broker-dealers, thirteen exchanges and approximately 45 “dark pools” (off exchange trading venues), I suspect that innate competition helps subdue the natural greedy instincts of those who flock to Wall Street. Like most endeavors, the more intense the competition the more equitable the pricing. Competition, not regulation or price fixing, is the means by which capitalism best discovers fair prices. Smart people have certainly taken advantage of complexity, but that is a consequence of technology.

Perhaps it is a question of definition, but a rigged market to me suggests a cabal of likeminded people colluding to enrich themselves at the expense of the public. Instinctively, I am not a fan of High Frequency Traders, and Mr. Lewis has well articulated how they have taken advantage of the system, with little or no social or economic purpose other than personal gain. But I suspect Brad Katsuyama, as quoted in Flash Boys, is right when he says: “I think most of them have just rationalized that the market is creating the inefficiencies and they (HFTs) are just capitalizing on them.” It has been a combination of technological advances and the unintended consequences of government deregulation and regulation that allowed HFTs to work their magic.

While Cliff Asness and Michael Mendelson are quoted, in an op-ed in the April 1st edition of the Wall Street Journal, as saying that high-frequency trading has been around for 20 years, such trading clearly got a boost when the SEC passed a rule in 2005 (U.S. Regulation NMS), which made it easier to trade stocks on multiple exchanges, but also mandated better transparency and consistent access to market bids and offers, regardless of where the individual stock is traded. Its intent was to open large exchanges such as the NYSE and NASDAQ to greater competition, including “dark pools.” The consequence was an increase in high frequency trading, but with less clarity, as “dark pools” definitionally have no transparency. At the same time, the proliferation of HFTs meant that bids and offers displayed were often ephemeral, disappearing once a legitimate bid or offer was made. The front-running of orders, according to Mr. Lewis, was their motive, not providing liquidity, despite being paid to do so by some exchanges.

It’s Hard to See Racism When You’re a Collectivist By Daniel Greenfield

A few years ago, Newsweek’s glossy cover asked “Is Your Baby Racist?” The baby looking back at supermarket shoppers, airline passengers waiting for their flight and patients in the dental office had blue eyes.

The labeling of racists as white has itself become a racial stereotype. And it’s not an accidental stereotype.

Behind the left’s support for affirmative action is the belief that white racism is the only kind of racism that exists. Black racism they insist is really called “reverse racism” and is a myth made up by white people.

It’s not that the left believes that affirmative action isn’t racist. It’s that it believes that there is no such thing as racism against white people. Like the Knockout Game or white students who qualify on merit but can’t get into college because of racial diversity quotas; it’s an invalid category. A myth.

And if it’s a myth, then there’s nothing wrong with a little racial violence or a few racial preferences.

Our system isn’t immune to bouts of niche insanity. A sizable portion of Hollywood believes that their souls originated on another planet and that they will eventually gain superpowers. Much of Washington D.C. believes that money can be printed infinitely with infinite economic benefits. And the academic and non-profit establishment believes that anti-white racism doesn’t exist.

The left is delusional, but it isn’t completely insane. It doesn’t deny that black hate crimes can take place. It won’t even deny the occasional act of institutional discrimination. But it only recognizes racism as a collective phenomenon.

The debate over affirmative action is about the collective and the individual.

“It cannot be entertained as a serious proposition that all individuals of the same race think alike,” Supreme Court Justice Anthony Kennedy wrote in the Schuette v. BAMN decision that permits a ban on racial affirmative action discrimination in Michigan.

But that’s exactly what the left believes.

Racism, to the left, exists systemically. It exists institutionally. It exists collectively, but not individually.

On Stefan Zweig- His Exile Was Intolerable Anka Muhlstein

On February 23, 1942, Stefan Zweig and his young wife committed suicide together in Petrópolis, Brazil. The following day, the Brazilian government held a state funeral, attended by President Getulio Vargas. The news spread rapidly around the world, and the couple’s deaths were reported on the front page of The New York Times. Zweig had been one of the most renowned authors of his time, and his work had been translated into almost fifty languages. In the eyes of one of his friends, the novelist Irmgard Keun, “he belonged to those that suffered but who would not and could not hate. And he was one of those noble Jewish types who, thinskinned and open to harm, lives in an immaculate glass world of the spirit and lacks the capacity themselves to do harm.”1

The suicide set off a surge of emotion and a variety of reactions. Thomas Mann, the unquestioned leader of German-language writers in exile, made no secret of his indignation at what he considered an act of cowardice. In a telegram to the New York daily PM, he certainly paid tribute to his fellow writer’s talent, but he underscored the “painful breach torn in the ranks of European literary emigrants by so regrettable a weakness.” He made his point even clearer in a letter to a writer friend: “He should never have granted the Nazis this triumph, and had he had a more powerful hatred and contempt for them, he would never have done it.” Why had Zweig been unable to rebuild his life? It wasn’t for lack of means, as Mann pointed out to his daughter Erika.

This is the subject of Georges Prochnik’s The Impossible Exile, a gripping, unusually subtle, poignant, and honest study. Prochnik attempts, on the basis of an uncompromising investigation, to clarify the motives that might have driven to suicide an author who still enjoyed a rare popularity, an author who had just completed two major works, his memoir, The World of Yesterday, and Brazil: Land of the Future. He had also finished one of his most startling novellas, Chess Story, in which he finally addressed the horrors of his own time, proving that his creative verve hadn’t been in the least undermined by his ordeals. Recently he had married a loving woman, nearly thirty years his junior. And he had chosen of his own free will to leave the United States and take refuge in Brazil, a hospitable nation that had fired his imagination.

DEROY MURDOCK: OBAMA ON KEYSTONE-GUTLESS

‘Gutless.”

That word perfectly describes Obama’s “policy” on the Keystone XL pipeline. That this adjective rolled off the tongue of a union boss makes it as delicious as it is accurate.

“In another gutless move, the Administration is delaying a finding on whether the pipeline is in the national interest,” said Terry O’Sullivan, general president of the Laborers’ International Union of North America. “This certainly is no example of profiles in courage. It’s clear the Administration needs to grow a set of antlers, or perhaps take a lesson from Popeye and eat some spinach.”

Terry O’Sullivan is right. And so are the eleven Senate Democrats who wrote Obama on April 10 to express their exasperation with his relentless dithering on this vital matter.

“This process has been exhaustive in its time, breadth, and scope. It has already taken much longer than anyone can reasonably justify,” reads the letter, signed by Alaska’s Mark Begich, North Carolina’s Kay Hagan, Arkansas’s Mark Pryor, and eight others. As they specify, this situation “has involved two applications, five federal reviews, multiple open comment periods, and numerous opportunities for consultation and comment at either public forums or at staff-level meetings.”

Any piece of paper on Obama’s desk that bears the word “Keystone” surely gets emblazoned by a rubber stamp that reads, “Continue the research.”

On September 19, 2008, TransCanada first applied to build Keystone. Its paperwork arrived a bit late for President George W. Bush’s endorsement. Besides, Bush was busy nationalizing companies back then. So Obama then tackled this matter — at the speed of molasses. He subsequently has raised the paralysis of analysis to a fine art.

In the five years and three months that Obama has pondered Keystone, FDR could have built almost four Pentagons. President Roosevelt needed just 16 months to erect what remains — at 6.5 million square feet — Earth’s largest office building.

There are at least 42,000 reasons to approve Keystone. The U.S. State Department expects 16,100 direct construction jobs. Another 26,000 indirect spots await Americans who would fabricate steel pipes, produce “yellow iron” earth-moving equipment, and sell Keystone’s workers everything from hot food to cool drinks.

Buying friendly Canadian oil enriches our NATO allies next door while channeling petrodollars away from misogynists in Saudi Arabia and Marxists in Venezuela. And increased supplies decrease the price of petroleum. This should help Vladimir Putin focus on his budget rather than the Ukrainian frontier.

JONAH GOLDBERG: OBAMA’S PLAN B- HE DOESN’T HAVE ONE

I think we all know what Barack Obama’s foreign-policy strategy coming into office was.

Step 1: Be Barack Obama (and not George W. Bush).

Step 2: ????

Step 3: World peace!

(With apologies to South Park.)

As a candidate, Obama held a huge campaign rally in, of all places, Berlin, touting his bona fides as a citizen of the world. The crowd went wild, as he talked at length about a world without walls (you had to be there). As president, in his first major speech abroad, Obama suggested to a Cairo audience that the fact America elected him was all the proof anyone should need that America had turned the page.

It all seems very strange now in retrospect, but in his defense, you can understand how seductive this notion must have been. The whole world — at least the parts of it that Obama listens to — was telling him that replacing George W. Bush with Barack Obama was just the ticket for what ailed the planet. The fervor was all so detached from facts on the ground that the Nobel Committee even gave Obama a Peace Prize for the stuff they were sure he was going to do, eventually. (One clue that Obama’s cult of personality didn’t actually translate into tangible results on the world stage should have been his failure to win the 2016 Olympics for his hometown of Chicago, despite being the first president to personally lobby for it.)

CAROLINE GLICK: TIME FOR CONSEQUENCES

It’s hard not to admire Palestinian Authority President Mahmoud Abbas’s brazenness.
Two weeks ago, Abbas signed on to 15 international agreements that among other things require the PA to respect human rights and punish war criminals.

And this week, he signed a unity deal with two genocidal terror groups all of whose leaders are war criminals. Every leader of Hamas and Islamic Jihad, the two parties that signed the deal with the PLO, are war criminals. Under the Geneva Conventions, which Abbas signed onto just a couple of weeks ago, he is required to put them on trial, for their war crimes.

Here it is worth noting that under the Geneva Conventions, every single rocket launch from Gaza into Israeli territory is a separate war crime.

Abbas was only able to sign the Geneva Conventions on the one hand, and the unity deal with terrorist war criminals on the other, because he is utterly convinced that neither the US nor the European Union will hold him accountable for his actions. He is completely certain that neither the Americans nor the Europeans are serious about their professed commitments to upholding international law.

Abbas is sure that for both the Obama administration and the EU, maintaining support for the PLO far outweighs any concern they have for abiding by the law of nations. He believes this because he has watched them make excuses for the PLO and its leaders for the past two decades.

When it comes to the Palestinians, the Western powers are always perfectly willing to throw out their allegiance to law – international law and their domestic statutes – to continue supporting the PLO in the name of a peace process, which by now, everyone understands is entirely fictional.

Why do they do this?

They do it because the peace process gives them a way to ignore and wish away the pathologies of the Islamic and Arab world.

What Republicans Need Most of All for 2016: Competence Jed Babbin

We knew very little about Barack Obama when he ran for president because he’d accomplished nothing of importance before he did.

We knew he voted “present” when faced with controversy, had served as a law school professor, and had been a “community organizer” in Chicago, though, what such a person was, we couldn’t say. We knew that he had no experience in the military, business, economics or foreign policy. We knew he was a liberal, but we really didn’t know him at all.

More than five years into his presidency, we know him all too well. There’s a weariness setting in the country, something like Jimmy Carter’s malaise, but more important is the common realization that another presidency like his must not occur.

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To prevent another Obama-type presidency, we need to insist that the next Republican candidate meet certain criteria — and not those the political consultant class foists off on us every four years. Their criteria, such as “electability,” are entirely subjective (and their candidates end up losing anyway). Presidential candidates can’t be judged like an Olympic ice-skating event.

There are at least 20 or 30 Republicans who want to run in 2016. At least six of them could be named without stopping to think, because they’ve either been around the track before or have done nothing but campaign since entering the national stage.

But it’s hard to see how the field has improved over the last two presidential races. In 2007 and 2011, Republicans were celebrating the ‘strength” of their bench just as they are today. But the primaries only served to determine who was the tallest dwarf and, in 2012, to damage the eventual nominee. If that happens again — and it looks as if it will, given the current gaggle of “front-runners” and wannabes — the Republicans can be sure of losing again.

The most essential factor a candidate needs to be worthy of support isn’t race or gender. It’s encompassed in the kind of competence and political skill that can only result from the right education, experience and training.

THE CLOSING OF THE ACADEMIC MIND- M.G. OPREA

Harvard student Sandra Y.L. Korn recently proposed in The Harvard Crimson that academics should be stopped if their research is deemed oppressive. Arguing that “academic justice” should replace “academic freedom,” she writes: “If our university community opposes racism, sexism, and heterosexism, why should we put up with research that counters our goals simply in the name of ‘academic freedom’?”

In other words, Korn would have the university cease to be a forum for open debate and free inquiry in the name of justice, as defined by mainstream liberal academia.

Unfortunately, this is already a reality in most universities across America, where academics and university administrators alike are trying, often successfully, to discredit and prohibit certain ideas and ways of thinking. Particularly in the humanities, many ideas are no longer considered legitimate, and debate over them is de facto non-existent. In order to delegitimize researchers who are out of line, academics brand them with one of several terms that have emerged from social science theory.

Most people outside academia are unaware that being called ‘hegemonic’ is the insult du jour.
The first term, “hegemonic,” is frequently used in history courses, literary criticism, and gender studies. Hegemony, of course, is a legitimate word that is often useful in describing consistency and uniformity. However, most people outside academia are unaware that being called ‘hegemonic’ is the insult du jour. It strongly implies that you are close-minded and perhaps even bigoted. This term may be applied to offences ranging from referencing the habits or dress of a cultural group to discussing the views held by a religion (and daring to question them—so long as the religion in question is not Christianity).

To do these things is to “essentialize” those people by speaking about them broadly and being so bold as to imply that they may share a practice or belief in a general sense. It is the insult of those who would have every department in academia broken down into sub-departments ad infinitum in order to avoid saying anything general about anything, resulting in verbal and intellectual paralysis.

This strategy of labeling has been particularly successful in its application to middle-eastern and Islamic studies. Any author, or student, who does not join in the liberal narrative about Islamic culture—which includes unwavering support for Palestinians, the absolute equality of men and women in Islam, and an insistence on the peaceful nature of the religion despite any violent tendencies in its foundation— will find themselves labeled an “orientalist.”

Write anything else and you will find yourself labeled an orientalist and no graduate course will touch your work with a ten-foot pole.
Edward Said popularized this term in his 1978 post-colonial work Orientalism. According to many of my colleagues, an orientalist is a person who writes about the Middle East from a “western perspective,” which is when one does not unquestioningly support and affirm Middle Eastern and Islamic culture. This does not mean that westerners are excluded from writing about the Middle East and Islam. A westerner can do so successfully so long as their research is void of criticism. Write anything else and you will find yourself labeled an orientalist and no graduate course will touch your work with a ten-foot pole.

WHO HAS IT WORSE? WOMEN IN AMERICA OR ELSEWHERE? BY MOLLIE HEMINGWAY ****

Who could deny that the problems identified by feminists in America are serious? Here are just five recent examples of how bad women have it in the States, each followed by a look at a minor problem faced by women in other parts of the world.

American Problem #1

Gendered toys being distributed McDonald’s.
Did you know that McDonald’s distributes toys with its so-called Happy Meals? And that these toys come in “boy” and “girl” varieties? Can you believe what a human rights violation this is? Slate is on it, thank goodness. This must be stopped.

Global Problem #1

234 girls kidnapped from Nigerian schools last week by Islamist extremists.
As the Associated Press reports:

The kidnappings are believed to have been carried out by Nigeria’s Islamic extremist rebels, known as Boko Haram. Boko Haram — the nickname means “Western education is sinful” — is violently campaigning to establish an Islamic Shariah state in Nigeria, whose 170 million people are about half Muslim and half Christian. Boko Haram has been abducting some girls and young women in attacks on schools, villages and towns but last week’s mass kidnapping is unprecedented. The extremists use the young women as porters, cooks and sex slaves, according to Nigerian officials.
American Problem #2

High school boys asking famous people to the prom.
Reigning Miss America Nina Davuluri was at a high school assembly recently to discuss the importance of science and math. Male aggressor Patrick Farves took the opportunity to ask her to prom. He was suspended.

Feminist leader Amanda Marcotte called this practice what it really is: sexual harrassment of the worst kind imaginable.

Global Problem #2

Iran to hang 26-year-old rape victim.
Rayhaneh Jabbari, a 26-year-old former interior designer, was scheduled to be hanged after serving seven years in prison for stabbing a man she claims drugged her and attempted to rape her. The execution has been postponed, but is still pending.

American Problem #3

Banning the word “bossy.”
In March, high-achieving women such as Beyonce and Condoleezza Rice joined Facebook COO Sheryl Sandberg’s campaign to ban the adjective “bossy.”

And no, it’s not bossy that all the cool and beautiful girls who are super-popular and wealthy got together and decided that not only were they not going to use a word but that no one else could either. Why do you ask?

Kansas: 2014 Candidates for Congress – Where They Stand

http://www.familysecuritymatters.org/publications/detail/kansas-2014-candidates-for-congress-where-they-stand

Filing Deadline (Party Candidates): June 2, 2014
Filing Deadline (Independents): August 4, 2014
Primary: August 5, 2014
To see the actual voting records of all incumbents on other issues such as Foreign Policy, Second Amendment Issues, Homeland Security, and other issues as well as their rankings by special interest groups please use the links followed by two stars (**). Also included, wherever available is their ranking by the Arab American Institute indicating their records on Arab/Israel issues.

U.S. SENATOR:
Pat Roberts (R) Incumbent
http://www.robertsforsenate.com/
http://www.ontheissues.org/senate/pat_roberts.htm**
HOT BUTTON ISSUES
http://www.roberts.senate.gov/public/index.cfm?p=IssueStatements

ENERGY
Energy is a commodity upon which homeowners and businesses rely. As a commodity, energy prices fluctuate. Unfortunately, changes in the global energy market have made energy prices more volatile. As highly populated countries like China and India consume more energy, global demand for oil and gas will continue to grow. Simple economics teaches us that as demand grows and supply remains steady, prices will increase.
In order to stabilize energy prices, we need to find new energy resources at home to increase our supply. With this in mind, I support the exploration and production of our oil and natural gas resources in both Alaska and the lower 48 states, greater development of our vast offshore energy supplies, and expanded access to crude from Canadian oil sands through the immediate construction of the Keystone XL Pipeline. Approval of this project makes sense from an environmental, economic, and national security perspective.
HEALTHCARE
Strong critic of Affordable Care Act (Obamacare)
WASHINGTON, DC – April 1-U.S. Senator Pat Roberts today introduced the Repeal Rationing in Support of Life Act to protect life-saving medical treatments threatened by rationing in Obamacare.
This is the third in a series of bills, part of a comprehensive effort by Senator Roberts, to prevent the federal government from limiting access to life-saving medical care for patients at all stages of life. Audio and video of Senator Roberts speaking about the bill on the Senate floor is here.
“Obamacare has made many Americans fearful that cost-cutting and rationing of care will limit their options for health care at a time when they are vulnerable–when they are sick or battling a life threatening condition,” Roberts said. “By introducing this bill, we are fighting against hidden barriers to treatment and life-saving medicine.”
IMMIGRATION
There has been much debate about how to address illegal immigration, border security, and legal immigration policy. While I agree that some of our immigration laws need updated, any effort to reform our system must begin with securing our borders. I have and will continue to support legislation that strengthens the security of our borders and reduces illegal immigration. I will carefully scrutinize proposals that affect our nation’s immigration policies and will work to ensure that Americans are first in line for available jobs and that those remaining jobs go to a legal workforce.

Milton Wolf M.D(R) – Tea Party Challenger
http://www.miltonwolf.com/
HOT BUTTON ISSUES

HEALTHCARE
PatientCare, Not ObamaCare
As a physician, I’ve taken an oath to my patients and whether I serve one patient at a time or all of America, I will abide by that oath to first do no harm.
ObamaCare is a destructive and disastrous law that must be completely repealed and replaced with a patient-centered, market-driven healthcare plan. I call it PatientCare. The cornerstones of PatientCare are compassion and efficiency. Compassion is achieved when doctors and patients are free to choose what care is right for them and efficiency is achieved through the power of the free market. With PatientCare, your insurance will be personal, portable and permanent and neither the government nor your employer can intrude upon your private doctor-patient relationship.
TERM LIMITS FOR CONGRESS
I pledge to serve only two terms in the United States Senate. George Washington began the tradition of self-imposed term limits. The Founders envisioned public service as just that: service, not a career. Many have followed Washington’s example, including our own Governor Brownback who pledged to only serve two terms in the U.S. Senate, and kept his word. Sadly however, too many have treated political office as a career, and they cast meaningless votes for term limits while always exempting themselves. The permanent political class is the problem and it is time to send the career politicians home.
Imagine a simpler tax code, like the FairTax, where everyone finally plays by the same set of rules.
Imagine an energy policy that focuses on unleashing America’s power rather than driving up our gas prices.
Imagine an immigration policy that rewards those who love America, who play by the rules, and who yearn to breathe free.
Imagine a foreign policy where America’s military remains unrivaled and our soldiers know that we have their backs just as they have ours, but we don’t run into every civil war and skirmish when it does not threaten America’s vital national security interests.
Imagine a government that does not have access to your cell phone calls or email password.
Imagine an America that re-embraces the Constitution and the American Idea of individual liberty, limited government and free-market values.

Chad Taylor (D) – Challenger
http://taylorforussenate.com/

Taylor was first elected District Attorney of Shawnee County in 2008, winning 60 percent of the vote, and ran unopposed in 2012, winning a second term. As District Attorney, Chad has worked tirelessly to ensure that the people of Shawnee County are protected, gaining a tough-on-crime reputation through successful prosecution of criminals and advocacy for victims. DA Taylor’s office recently created a cold-case unit that is focused on obtaining long-overdue justice for victims and family members.
Taylor has been a staunch supporter of transparency in government, enforcing the state’s open meetings and open records act in multiple arenas, including the Kansas State Legislature and Capitol.

Jerry Moran (R) Next Election in 2016.
________________________________________
U.S. CONGRESS

District 1

Tim Huelskamp (R) Incumbent
http://www.huelskamp.org/
http://www.ontheissues.org/house/Tim_Huelskamp.htm**Rated -3 by AAI, indicating a anti-Arab anti-Palestine voting record. (May 2012)
http://huelskamp.house.gov/
HOT BUTTON ISSUES
ENERGY
We want more: Exploring and developing our domestic and friendly foreign sources is the key priority.
Our country’s economy and national security future hinge upon our ability to maintain and develop afford energy sources. Without our own reliable and consistent source of energy, we remain reliable on others to power our homes, businesses, farms, and cars.
Our energy resources are vast, yet much remains undeveloped and underutilized due to Washington restrictions and political controls. Whether it is their continued attacks on coal and all fossil fuels, their prohibitions on drilling offshore or on federal lands, the President’s single-handed decision to stop the importation of Canadian oil through the proposed Keystone pipeline, bureaucrats (particularly at the EPA) and liberal politicians simply oppose energy development and the tens and thousands of jobs that come with it.
HEALTHCARE
One of my first actions when I arrived in Congress was to vote for repeal of the Patient Protection and Affordable Care Act, also known as ObamaCare. I support repeal of ObamaCare, because the law is unworkable, unpopular, unaffordable and unfair.
Instead of ObamaCare, it is time for some real, patient-centered health care reforms. Specific reforms to improve our health care system include:
• Meaningful litigation and tort reform, so that doctors, nurses, hospitals and other providers are able to focus on what is needed in the exam room – not what is required in the court room.
• Allowing consumers the opportunity to shop and purchase health insurance across state lines.
• Providing equal tax and regulatory treatment for individuals and self-employed in the same way that employees are treated, affording greater fairness for all.
• Expanding health savings accounts and allowing health insurance portability.
• Converting federal Medicaid dollars to block grants to allow states greater flexibility and responsibility in taking care of the medical needs of the poor in their states.
• Encouraging greater personal choice and responsibility in health- and lifestyle-related decisions.
TAX REFORM
America needs a flatter and fairer system.
The U.S. needs to overhaul and completely jettison our current tax system. It is too complicated, too long, too prone to cronyism. Already more than 1,000,000 words long, the U.S. tax code is too long, complicated and burden real job growth. Instead of punishing success, opportunity and entrepreneurial, it is time to eliminate a tax code that allows Washington bureaucrats and politicians to be picking winners and losers. As we have seen, the Obama Administration is using the IRS to target and punish Americans who disagree with their political beliefs.
One idea I support is the Fair Tax proposal. I have cosponsored H.R. 25, which will implement a national sales tax in place of income and other types of taxes. This approach will allow us to eliminate the IRS altogether. Additionally, I do support other proposals that would create a flatter, fairer tax system that rewards job-creation and economic growth, allows American businesses to compete globally on a level playing field, and eliminates the social engineering and progressive manipulation throughout the tax code.

Alan LaPolice (R) Challenger
http://true-conservative.org/
HOT BUTTON ISSUES
HEALTHCARE
Comprehensive and Conservative Health Care Reform – Like Education, Healthcare is unique. The current health care law is an attempt at a one-size fits all centralized government plan. The Affordable Care Act, commonly known as ObamaCare is currently the overreaching law of the land. A super-majority is needed in both houses of Congress as any successful attempt at repealing it during this administration would result in a presidential veto which would then need to be overridden. Alternatively, I propose offering new legislation to replace this untenable, unpopular law with one requiring programs to be designed by each individual state. Massachusetts’ RomneyCare can be the starting point for each state to design its own insurance based health care system to be solely implemented and managed by state legislatures.
• a. States with shared borders, demographics, or basic needs can enter into their own exchanges to allow for competitive pricing. State legislatures have the option of working with other state legislatures or simply copying features that work in the interest of providing unique, state by state solutions to this growing crisis.
• b. The same federal subsidies offered under ObamaCare could be allocated to each state to self-determine administration. Overall savings would be seen by cutting federal bureaucratic waste and state by state efficiency and efficacy.
• c. States wishing to offer their own “Public Option” would have discretion to self-determine its implementation or the implementation of other micro solutions rather than macro bandages.
• d. The only federally regulated medical program (other than the military) shall be Veteran’s Affairs funding. I propose to enact legislation allowing Veterans to be treated at any facility. Billing for all Veteran medical treatment shall be billed to the nearest VA hospital. The VA shall have the authority to pay according to standard reimbursement rates. Veterans will then be rebilled based on the VA rate minus any percentage of disability rating they are entitled to. A Veteran with a 50% rating would be responsible for paying 50% of the VA billing amount at any public or private facility.
TAXES AND ECONOMY
Economic Realignment – Across the board Tax Cuts made possible by overhauling the Federal Tax Code. Across the board spending cuts on all major budget items. Removal of all unnecessary regulations and redundancies.
• a. Removal of ALL federal tax breaks and deductions (both individual and corporate “loopholes”) unless specifically authorized by the Legislative Branch of government. Any new deductions shall be authorized only by Congress specifically for American job creation or new American entrepreneurship. These deductions shall be limited in length to no more than 5 years but can re-authorization by a simple majority in both houses.
• b. Creation of a simplified four-step progressive tax structure with the lowest step being 15% for the lowest income earners and 30% for the highest income earners. Capital gains and carried interest are treated the same as every other form of income and will be subject to the same tax step based on total earnings.
• c. Corporate earnings shall also be subject to the same four-step progressive tax structure but the earning limits for each step are considerably higher. Again, deductions can only be authorized by limited federal legislation tied directly to the creation of American jobs and the development of new industries in the United States.
• d. Zero deductions shall be given to corporations relocating American jobs overseas.
• e. Reduction in spending for Medicare and Medicaid closely in line with the proposals made by Paul Ryan. Additional spending cuts for these programs will be made by lowering costs due to state sponsored programs and reduction in waste.
• f. Continued cuts in Discretionary spending through dramatic reforms in government bureaucracy by removing many Democrat proposed regulations and redundancies.
• g. Significant cuts in targeted Defense spending, primarily, returning unnecessarily deployed brigades from all foreign stations and engagements. Enacting a 10% moratorium on all private defense contracts and the removal of every no-bid contract. Improved efficiency in the logistics of military spending, e.g. allocation of weaponry, vehicles and supplies based on actual necessities and not artificially inflated numbers based on bureaucratic spending regulations.
Kent Roth (R) – Challenger
http://kentrothforkansas.wordpress.com/

Jim Sherow (D) – Challenger
http://www.supportsherow.com/

Bryan Whitney (D) – Challenger
https://www.facebook.com/whitneyforthebigfirst

District 2

Lynn Jenkins (R) Incumbent
http://www.lynnjenkins.com/
http://www.ontheissues.org/house/lynn_jenkins.htm **•Rated -3 by AAI, indicating a anti-Arab anti-Palestine voting record. (May 2012)
http://lynnjenkins.house.gov/#dialog
HOT BUTTON ISSUES
ENERGY
The recent surge in energy prices underscores the need for an all-of-the above approach to solving our energy problems. That includes oil and gas, clean-coal, nuclear, wind, solar and all renewable sources of energy. Unfortunately, the current Administration is pursuing an agenda making American energy harder to produce, more expensive for families and small businesses and our nation more dependent on the whims of unfriendly oil cartels.
In addition to expanding oil and gas exploration in the Arctic National Wildlife Refuge, and the outer continental shelf (OCS), we need to take a look at the complex regulations governing energy development. There has not been an oil refinery to come online in 30 years. To address the energy problem in the near-term, we must increase our fossil-fuel production here at home and reduce our dependence on foreign energy.
Voted for construction of the Keystone XL Pipeline without limiting amendments.

HEALTHCARE
There is no doubt we have a health care crisis on our hands. We can either empower individuals or hand those decisions over to government bureaucrats and politicians. I am confident we can fix our health care problems by weeding out waste, fraud, and abuse to bring down costs while still offering affordable health care. It is my priority to ensure your health care remains in your hands, not the government’s.

Meeting the health needs of this nation is a priority for the Administration and for all of us in Congress. While I support reforms that would bring down costs for families and address the issue of pre-existing conditions, I could not support the health care reform signed into law by President Obama that cuts Medicare, raises taxes and will result in higher premiums for the American people.

The Ways and Means committee has jurisdiction over entitlement programs including Medicare. Additionally, the committee is responsible for overseeing the implementation and reforms to the new federal health care law which was enacted in March of 2010. As a member of this committee, I look forward to playing a key role in the replacement of this package with true, responsible, cost-effective reforms to our health care system.
IMMIGRATION
Over the past decade, unchecked illegal immigration has allowed over 12 million illegal immigrants to stream into our country. Illegal immigration places a difficult fiscal burden on local communities and compromises our national security interests.
As a nation of immigrants, we must continue to welcome legal immigrants who wish to live and work in our nation. At the same time we must secure our borders and refuse to grant amnesty to those who violate our laws. We also cannot ignore the gaping holes that exist along our border. It is a matter of national security and it will continue to be my priority to make sure Kansans and all Americans remain safe and secure.

Margie Wakefield (D) – Challenger
http://www.wakefieldforkansas.com/
Margie received a bachelor’s degree in Journalism from the University of Missouri in 1980. After graduating from college, Margie worked in United States Senator Bob Dole’s office in Topeka, Kansas as a constituent services aide. From Senator Dole, Margie learned the importance of civil discourse, compromise, engaging and listening to constituents.
In 1985, Margie earned her law degree from the University of Kansas. Since then, Margie has maintained a law office in Douglas County and been a member of the American Bar Association and the Kansas Bar Association. She currently owns her own practice, Margie Wakefield Law Office, P.A., where she focuses on family law. Margie’s success as an attorney has been built upon her honesty and her ability to negotiate deals between opposing parties.
An active member of the Democratic Party, Margie has served as a precinct committeewoman, chair of the statewide Protect the Vote project, and as a delegate to the national convention. She is immediate past chair of the Douglas County Democratic Party and the Second Congressional District Caucus. In these roles, she regularly traveled throughout the state listening to Kansans concerns about the direction the state and nation are both headed.

District 3

Kevin Yoder (R) Incumbent
http://yoderforcongress.com/
http://www.ontheissues.org/house/Kevin_Yoder.htm **Rated -3 by AAI, indicating a anti-Arab anti-Palestine voting record. (May 2012)
http://yoder.house.gov/
HOT BUTTON ISSUES
ENERGY
Supported Construction of the KeystoneXL Pipeline without limiting amendments.
HEALTHCARE
Repeal and defund ObamaCare
I can’t support legislation rammed through Congress that will raise our taxes, increase insurance premiums, and promise to make drastic cuts in Medicare. Americans deserve better than this law. I will work to repeal and defund this bad legislation that will drive up costs, increase the deficit, grow bureaucracy and lower the standards of health care that Americans expect. I will work to build true health care reform that focuses on free market competition, patient choice and high quality of care.
IMMIGRATION
Secure our borders; eliminate incentives; increase H1B visas
Securing our borders is a fundamental job of our Federal Government. In Washington I will fight to secure our borders. Controlling the flow of immigrants into our country’s borders is both a national security and economic issue. We must eliminate incentives to illegal immigrants by building greater cooperation with businesses to ensure illegals are not employed, restricting illegals’ access to public services, & by strengthening the legal immigration process & increasing the number of H-1b visas.
Kelly Kultala (D) –Challenger
http://www.kellykultala.com/

Reggie Marselus (D) – Labor Union Activist
https://www.facebook.com/reggie.marselus

District 4

Mike Pompeo (R) Incumbent
http://www.pompeoforcongress.com/

http://www.ontheissues.org/house/Mike_Pompeo.htm **Rated -5 by AAI, indicating a anti-Arab anti-Palestine voting record. (May 2012)

HOT BUTTON ISSUES
HEALTHCARE
I voted for the repeal of Obamacare during my first 30 days in office. I proudly support market-based reforms that allow access to quality, affordable health care. I have also introduced legislation to ensure that Obamacare federal grant money returned by states like Kansas goes directly toward deficit reduction, rather than Obamacare programs or a Sebelius slush fund H.R. 2961. I will continue advocating for real solutions to the health care cost and access issues that plague so many Americans. However, we cannot achieve real health care reform without also addressing the spiraling costs of Medicaid and Medicare. These programs will cease to exist unless they are fundamentally restructured to allow for more patient choice and greater efficiency. I will continue fighting against big-government Obamacare-type policies and for real solutions to the growing health care crisis.
IMMIGRATION
I strongly oppose amnesty for illegal immigrants. Such legislation will only reward illegal behavior and encourage other immigrants to enter the United States illegally. Respecting the rule of law is a critical aspect of being a U.S. citizen.
ENERGY
With gas prices continuing to rise, it is critical that we promote commonsense energy policies that reduce pain at the pump for American consumers. I have outlined Five Principles of Sound Energy Policy, which will put our country on a sensible energy path:
• Promote domestic production of energy
• Reduce regulatory barriers to greater energy production
• Do not pick winners or losers; government must not favor one energy sector over another
• Reduce government spending to fight gas price inflation and the weakening dollar
• Oppose foreign policies that further destabilize the Middle East
In line with these principles, I have led the charge to end all federal energy subsidies. The government should not use tax dollars to prop up specific energy sources in the market. The $500 million Solyndra scandal demonstrates what happens when government bureaucrats use taxpayer’s money to support failing business models.
Supports construction of the Keystone XL Pipeline without limiting amendments.
No challengers have filed yet…