The Finite World  —  Oil is back above $90 a barrel.  Copper and cotton have hit record highs.  Wheat and corn prices are way up.  Over all, world commodity prices have risen by a quarter in the past six months.  —  So what's the meaning of this surge?  —  Is it speculation run amok?

Bailed-Out Banks Slip Toward Failure  —  Number of Shaky Lenders Rises to 98 as Bad Loans Pile Up; Smaller Institutions Hit Hardest  —  Nearly 100 U.S. banks that got bailout funds from the federal government show signs they are in jeopardy of failing.  —  The total, based on an analysis …

Miller says he'll keep fighting for Senate seat  —  CHALLENGE: But GOP candidate won't oppose Murkowksi certification.  —  Anchorage Daily News / adn.com  —  Republican Senate candidate Joe Miller announced late Sunday that he would continue his challenge in federal court of the write …

In ‘Daily Show’ Role on 9/11 Bill, Echoes of Murrow  —  Did the bill pledging federal funds for the health care of 9/11 responders become law in the waning hours of the 111th Congress only because a comedian took it up as a personal cause?  —  And does that make that comedian, Jon Stewart …

Barack Obama, Hillary Clinton Are 2010's Most Admired  —  Sarah Palin and Oprah Winfrey are closely matched behind Clinton  —  PRINCETON, NJ — President Barack Obama is Americans' Most Admired Man of 2010, substantially ahead of the former presidents, iconic religious leaders, and others who fill out the top 10 list.

‘Lame ducks can still fly,’ Daniels says of his last 2 years  —  Lame duck?  Hardly.  —  With only two years left as governor, Gov. Mitch Daniels feels more charged up than ever.  —  The November election gave him solid Republican majorities in both the Senate and House …

BROKAW: 'WE'LL SEE' IF OBAMA CAN LEARN ON THE JOB — HE DIDN'T HAVE HARD POLITICAL EXPERIENCE AS A GOV LIKE REAGAN DID  —  CATB  —  LOL .. all we heard was how Palin wasn't qualified .. she is much more qualified than “their” Obama!  —  Report Post »  —  Log in to Reply  —  TXPILOT

America's Dangerous Rush to Shrink Its Military Power  —  Just as in the 1930s, the economy is the supposedly humanitarian excuse for reducing the military—although the endless miseries of the world will not be alleviated if, due to an imbalance of power, great and little wars rage across it.

CNN Poll: Controversial health care provision unpopular  —  Washington (CNN) - As a crucial component of the nation's new health care law requiring all Americans to buy insurance faces an uncertain fate in federal courts, a new national poll indicates that a majority of Americans oppose …

Somali Islamist insurgents threaten US attack  —  MOGADISHU, Somalia — A leader of Somalia's Islamist insurgency threatened to attack America during a speech broadcast Monday.  —  “We tell the American President Barack Obama to embrace Islam before we come to his country,” said Fuad Mohamed “Shongole” Qalaf.

Under fire, Barbour defends state jet  —  The Mississippi state plane, a zippy Cessna Citation with a capacity of 12, is a favorite of corporate executives and the wealthy, and its principal passenger, Gov. Haley Barbour, might easily be mistaken for one of them when he arrives with a small entourage …

The Trouble With Liberty  —  Libertarians, of both left and right, haven't been this close to power since 1776.  But do we want to live in their world?  —  Just before Thanksgiving, in an impassioned speech on the floor of the House of Representatives, Ron Paul called for Congress to be groped.

New Science Committee Chair Ralph Hall Praises ‘Tremendous’ BP Spill  —  Rep. Ralph Hall (R-TX) plans to pursue an aggressive pro-oil agenda as the incoming chair of the House Science and Technology Committee.  In an interview with the Dallas Morning News this month, the …

The Economy in 2011  —  After the passage of the tax cut deal, many economic forecasters raised their projections for 2011.  Recent economic indicators, including a reduction in weekly initial unemployment claims, an increase in industrial production, factory orders and consumer sentiment …

Meet the New Batman: An Algerian Muslim Who Saves France from Nazis and Communists  —  Reality isn't always very fun.  Because of that many people turn to comic books for a little escapism.  But there's escapism and PC indoctrination.  Sadly, it appears that DC Comics' Batman is angling for the latter and not the former.

Subnational Government Debt Loans in China  —  Sometimes it's a bit hard to say what's happening in China (my photo, available under cc license)  —  Via Tyler Cowen, an anonymous “senior” Japanese official says: … Certainly something missed in many admiring columns about the quality …

Transportation in Disarray After Blizzard Tapers Off  —  The Northeast awoke Monday morning under a heavy blanket of snow from a monster blizzard that barreled up the coast on Sunday.  Even as the storm moved on from the area, its barrages of wind-driven snow left airports closed …

Sotomayor protests court's refusal of appeals  —  WASHINGTON — Supreme Court Justice Sonia Sotomayor has set herself apart from colleagues with her fervent statements protesting the majority's refusal to take some appeals, particularly involving prisoners.  —  Each month, the justices spurn hundreds …

All 10 States Losing Congressional Seats Tilt Democratic  —  Five of the eight states that are gaining seats skew Republican  —  PRINCETON, NJ — Each of the 10 states losing congressional seats as a result of the newly announced 2010 census reapportionment process is politically Democratic …

How to survive as a Democrat in the South: Be independent, or run as one  —  Running as an Independent could be one of the few options left for Southern Democrats who want to fight Republican gains in the region, according to an outgoing member.  —  Southern voters “see the Democratic Party …

Juan Williams: Palin not on same ‘intellectual stage’ as Obama  —  Fox News contributor Juan Williams said Sunday that Sarah Palin “can't stand on the intellectual stage” with President Obama.  —  Williams, in his role as an analyst on Fox News Sunday, was breaking down the Republican presidential field, which he saw as weak.