San Bernardino, Calif., has now followed Stockton into bankruptcy. Harrisburg and Scranton, Pa., and Jefferson County, Ala., home to Birmingham, are already there to welcome them. Detroit has been taken into receivership by Michigan. A plan under discussion is to level a fourth of the city and reconvert it into …
Comes now news from across the pond that executives at one of the world’s most respected banks, Barclays, rigged Libor. Even the venerable Bank of England is apparently being investigated. For sports fans, this is like fixing the Super Bowl or doping a horse in the Derby. But it is …
“Iran is not seeking to have the atomic bomb, possession of which is pointless, dangerous and is a great sin from an intellectual and a religious point of view.” Thus did supreme leader Ayatollah Ali Khamenei declare in February that Iran’s possession of atomic weapons would be a mortal sin …
For John Roberts, it is Palm Sunday. Out of relief and gratitude for his having saved Obamacare, he is being compared to John Marshall and Oliver Wendell Holmes. Liberal commentators are burbling that his act of statesmanship has shown us the way to the sunny uplands of a new consensus. …
In 1948, Arthur Schlesinger Sr. wrote for Life magazine a controversial article on a subject that has been the cause of spirited and acrimonious debate ever since. He listed the consensus of our academic elite as to which American presidents had been Great, Near Great, Average, Below Average and Failures. …
Sixteen months after the United States abandoned its loyal satrap of 30 years, President Hosni Mubarak, to champion democracy in Egypt, the returns are in. Mohammed Morsi, candidate of the Muslim Brotherhood, is president of Egypt, while the military has dissolved the elected parliament that was dominated by the Brotherhood, …
“The entry into force of the U.S.-Korea trade agreement on March 15, 2012, means countless new opportunities for U.S. exporters to sell more made-in-America goods, services and agricultural products to Korean customers — and to support more good jobs here at home.” Thus did the Office of the U.S. Trade …
“History does not repeat itself, but it often rhymes,” said Mark Twain. Observing the uprising in Syria, the atrocities, the intervention by rival powers, it all calls to mind the Great Rehearsal for World War II, the Spanish Civil War. The war began in 1936 with an uprising in Morocco …
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