Free countries, when faced with the incapacitation or even death of a leader, do not fold like a house of cards. But news of North Korean dictator Kim Jong-Il’s apparent incapacitation from stroke is threatening to drive North Korean affairs into chaotic uncertainty.
US and Chinese officials are particularly nervous about the impact the destitute [...]
In the early 1960s, President Kennedy challenged America to make what would be a giant leap for mankind by putting a man on the moon within the decade. Offering his own version of this challenge in a recent speech, former Vice President Al Gore called on America to transition all electricity production to “renewable” [...]
The Wall Street Journal recently ran an excellent editorial examining the bad business and corruption that arises “when you combine private profit with government power.” Created by an act of Congress in 1938, Fannie Mae is a government sponsored enterprise (GSE) that owns or guarantees nearly one half of the $12 trillion US mortgage [...]