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Rudy starts off on the fiscal crisis: reduce spending, not replace government retirees and reduce taxes especially corporate taxes. Says Islamic terrorism is the security threat( he's going get his theme in) and the rest is financial security. Ron Paul sounded down right sane denouncing our spending ways.

UPDATE: Thompson makes a good argument that it is a national security issue because defense spending gets squeezed. Romney says it's not the time to think it's bleak (did someone say that?) -- I think his talking point was optimism today. Huckabee manages to talk about a country being able to feed themselves (we're in Iowa, guys). He is very solid. McCain in somber tones make the argument for fiscal discipline and energy independence. (He's not the sunny guy in the crowd.)

topics:
Taxes, Islam, Energy