In general, I do agree with you about paying off your debts and not overextending yourself. I have credit cards, but I pay them off every month. When I buy a new car (which isn't often), I pay cash. However, what's right for me isn't right for everybody. If I needed a more reliable car in order to get a job and didn't have the cash, then I would take out a loan and pay it off as soon as possible.
For another example near and dear to conservatives' hearts, consider the Second Amendment. The Roberts court has ruled (District of Columbia vs. Heller, 2008) that the Second Amendment establishes an individual right to carry arms, despite the fact the amendment only mentions carrying arms in the context of a militia.
With the current case, the intent of the law was clear (and most of the drafters are still around to ask), so that's what SCOTUS used. Judges aren't just implementations of parsing algorithms that spit out yes or no results based on the text of the laws.
Isn't this incredibly risky for Disney? the government could cut down on the numbers of h1b's any year and then they would be boned.
No, it's not risky. First, any reduction in H1-Bs would only affect future years. It's very unlikely that Congress would throw out existing visa holders. Second, Disney wouldn't care even if they do throw out existing visa holders. This is because the newly-trained Infosys employees are probably already back in India, where their wages are much, much lower than comparable wages in America. If these workers stayed in America, they would be entitled to pay comparable to those of the recently laid off workers, so there would be no savings to Disney.
The Senators and Representatives shall receive a Compensation for their Services, to be ascertained by Law, and paid out of the Treasury of the United States. They shall in all Cases, except Treason, Felony and Breach of the Peace, be privileged from Arrest during their Attendance at the Session of their respective Houses, and in going to and returning from the same; and for any Speech or Debate in either House, they shall not be questioned in any other Place.
See the Wikipedia article on the Speech and Debate Clause or read it for yourself in the Constitution. So he can talk all about the program during a speech on the floor of the Senate, and nothing can be done to him.
NJ isn't losing much, if any, tax revenue, because the existing showrooms are converting to "galleries" where you can do everything but negotiate a price or place an order.
FASB's "mark-to-market" accounting rules forced AIG and Bear Stearns to admit that their liabilities had exceeded their assets, instead of allowing the companies to invent a price for the assets until the assets were finally sold.
For too darn long, companies could just make up prices for assets they wanted to value. Forcing the assets to be valued at what they're actually worth (i.e., what somebody will pay for them) is just common sense.
FASB's "mark-to-market" accounting rules helped drive AIG and Bear Stearns into bankruptcy, even though they were cash-positive.
FASB's "mark-to-market" accounting rules forced AIG and Bear Stearns to admit that their liabilities had exceeded their assets, instead of allowing the companies to invent a price for the assets until were finally sold.
I'm not saying Felt was clean (his conviction on the Weather Underground case proves that), but he wasn't version 2 of Hoover.