The God That Fails  —  During the middle third of the 20th century, Americans had impressive faith in their own institutions.  It was not because these institutions always worked well.  The Congress and the Federal Reserve exacerbated the Great Depression.

Napolitano's ‘no drama’ competence shows her potential  —  Most Americans got their first prolonged look at Janet Napolitano, the secretary of homeland security, last weekend.  After a passenger on a Northwest Airlines flight from Amsterdam ignited a concealed fuse as the plane approached Detroit …

Iraqis Angered as Blackwater Charges Are Dropped  —  BAGHDAD — Iraqis on Friday reacted with disbelief, anger and bitter resignation to news that criminal charges in the United States had been dismissed against Blackwater Worldwide security guards who opened fire on unarmed Iraqi civilians in 2007.

A terrorist war Obama has denied  —  Janet Napolitano — former Arizona governor, now overmatched secretary of homeland security — will forever be remembered for having said of the attempt to bring down an airliner over Detroit: “The system worked.”  The attacker's concerned father …

Obama Palin Shoe Shining Email Could Get Colorado State Worker In Trouble  —  WHAT'S YOUR REACTION?  —  DENVER (AP) — A Colorado state employee could be disciplined for sending an e-mail showing President Barack Obama shining the shoes of former Republican vice-presidential candidate Sarah Palin.

Mayo Clinic in Arizona to Stop Treating Some Medicare Patients  —  Dec. 31 (Bloomberg) — The Mayo Clinic, praised by President Barack Obama as a national model for efficient health care, will stop accepting Medicare patients as of tomorrow at one of its primary-care clinics in Arizona, saying the U.S. government pays too little.

TSA nominee misled Congress about accessing confidential records  —  The White House nominee to lead the Transportation Security Administration gave Congress misleading information about incidents in which he inappropriately accessed a federal database, possibly in violation of privacy laws …

GOP banks on repeal push for 2010  —  Republicans hope a push to repeal the Democrats' health care bill will inspire voters to turn out for them in the 2010 elections — even though some of them admit that it has no realistic chance of working.  —  “We have to repeal very substantial parts …

New Thinking for a New Decade  —  As of January 1, 2010, we are changing our name to “Coordination Problem”.  This name change is symbolic as well as substantive.  The term “Austrian economics” has become as much a hindrance to the advancement of thought as a convenient shorthand …

A Note about the Armoured Vehicles from China to Iran // Available in 3 languages: ENGLISH, FARSI, CHINESE  —  (the information about the armoured vehicles in this text has been confirmed by multiple sources):  —  Finally, with the arrival of the first shipment of armoured vehicles …

Chinese New Year  —  It's the season when pundits traditionally make predictions about the year ahead.  Mine concerns international economics: I predict that 2010 will be the year of China.  And not in a good way.  —  Actually, the biggest problems with China involve climate change.