Letting Stupid beget Stupid  —  Newt Gingrich — with all his Boss Hogg gravitas — prattled on FoxNews Sunday about the “recklessness” of Obama's foreign policy, while proclaiming we should attack North Korea with ‘frickin’ lasers.  Meanwhile, Obama was making a speech in front …

From Bubble to Depression?  —  Bubbles have been frequent in economic history, and they occur in the laboratories of experimental economics under conditions which — when first studied in the 1980s — were considered so transparent that bubbles would not be observed.

Americans Support Goal of Improved Relations With Muslim World  —  Most Americans think President Obama's pledge to “seek a new way forward” with the Muslim world is an important goal, even as nearly half hold negative views about Islam and a sizable number say that even mainstream adherents …

Bush Bowed Too  —  More than a few people on the right are screaming that Barack Obama should be impeached for bowing to King Abdullah of Saudi Arabia.  —  Those of you who are buying into this hyperventilating nonsense need to see this video.  (Click the image to watch.)

How to Clean a Dirty Bank  —  COMMERCIAL banks in the United States are not subject to the bankruptcy statute — when they become insolvent they are simply acquired by the government.  This is what banks sign on for in return for a charter, deposit insurance and direct access …

New NATO chief pledges conciliation with Muslims  —  ISTANBUL (Reuters) - Former Danish Prime Minister Anders Fogh Rasmussen said on Monday he would pay close attention to religious sensibilities in his new role as NATO chief in comments aimed at allaying Muslim concerns at his appointment.

2006 Israel-Lebanon War Looms Large in Pentagon Debate on Future  —  Leaders Divided on Whether to Focus On Conventional or Irregular Combat  —  A war that ended three years ago and involved not a single U.S. soldier has become the subject of an increasingly heated debate inside the Pentagon …

Obamateurism of the Day  —  George Bush's critics rightly roasted him for his tortured syntax and waterboarded grammar, and used it to make the claim that the graduate of both Harvard and Yale was an idiot.  Well, perhaps, but I don't recall him ever claiming that Austrian was a language.

A Rich Education for Summers (After Harvard)  —  Lawrence H. Summers plays down his stint in the hedge fund business as a mere part-time job — but the financial and intellectual rewards that he gained there would make even most full-time workers envious.  —  Mr. Summers, the former Treasury secretary …

Barack Obama really does go on a bit  —  Isn't it time for him to go home yet?  It is good, in theory, that the new President of the United States is taking so much time to tour Europe.  He arrived in London last Tuesday, has been to Strasbourg, Prague yesterday and now he's off to Turkey.

Homelessness up as families on the edge lose hold  —  Cities and counties are reporting a sharp increase in homeless families as the economic crisis leads to job loss and makes housing unaffordable.  —  In Seattle, 40% more people are living on suburban streets.

Families Bury Binghamton, N.Y. Shooting Victims; New Details Emerge About Gunman  —  As families began burying their loved ones Sunday, more details emerged about the man who gunned down 13 people at a Binghamton, N.Y., community center before turning the gun on himself.

Life After Newspapers  —  Few industries in this country have been as coddled as newspapers.  The government doesn't actually write them checks, as it does to farmers and now to banks, insurance companies and automobile manufacturers.  But politicians routinely pay court to local newspapers …

Hannity: Obama ‘Harbors Deep Resentment’ Of America, Just Like Dixie Chicks  —  On Friday, President Obama told a town hall audience in Strasbourg, France, that America's tendency to dismiss Europe — as well as Europe's tendency to blame America for every problem — had to end.