Dubai Bust
Dubai’s banking sector could exist only because it was backed by an implicit security guarantee from the United States. Every rich country has skyscrapers, but there is only one that can be counted on to defend the skyscrapers of others. My National Post column this weekend focuses not on …Wrong Question Professor Krugman!
In a recent post, Paul Krugman dismisses the idea that Dubai may be the first of many more sovereign defaults. But Krugman also ignores the real danger facing many states: a combination of big debts and fixed exchange rates. Paul Krugman lays out three scenarios for Dubai, ruling out only the …Why Watch Cable?
As a sometime talking head on CNN, I'm arguing against interest here - but Friday was a day that fully drove home the uselessness of cable news. All day long, cable breathlessly reported the Tiger Woods story, while managing totally to ignore what had actually occurred. As a sometime talking head …Mormons for President?
Maybe Mitt Romney’s adherence to the teachings of Joseph Smith proves him a sucker. But there’s no sign of the sucker about him when he reads a balance sheet! Why should we assume he’d be any more gullible when it came time to negotiate a treaty or face down a foreign threat or review an EPA …Palin's Way to Win Friends and Influence People
The saying goes: ordinary leaders move to the center - great leaders move the center to them. Sarah Palin endorses neither concept. If her recent interview with Greta van Susteren is reflective, she adheres to what might be called the Go F--- Yourself school of leadership. The saying goes: …Romney's Evangelical Problem
A recent statement of principles released by conservative Christian intellectuals was endorsed by over 150 people, but lacked a single Mormon signatory. This is ominous news for the Romney 2012 campaign. Jonathan Rauch draws attention to a Nov. 20 open letter signed by Christian intellectuals. …Kirk Bags a Conservative Endorsement
Mark Kirk secured his fourth endorsement from a prominent member of the Illinois GOP on Wednesday when freshman Congressman Aaron Schock backed Kirk’s bid for Barack Obama’s former Senate seat. Mark Kirk secured his fourth endorsement from a prominent member of the Illinois GOP on Wednesday …A Conservative Win or a Labour Collapse?
A new poll from Britain shows that the Tories will crush Labour and David Cameron will be the next PM, but also shows gains for many smaller political parties. A new poll from Britain shows the Tories maintaining their lead over Labour. The poll is interesting both for the obvious message - …Why We're Thankful
Col. Lewis Millett joined the U.S. Army at age 21 in the summer of 1941 – and then deserted, because the U.S. wasn’t yet in the war. He joined Canada's army to go overseas and fight the Nazis. His lifetime of service in both armies would earn him 26 medals - including a Medal of Honor. I first …