No Gratitude for Disasters Prevented

In my column for CNN, I discuss heroes who have prevented disasters yet go unremembered: Imagine that some member of Congress back in the 1990s had devoted himself or herself to toughening America against terrorism. He or she had introduced legislation to require airlines to harden their …

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Written by David Frum on Monday September 12, 2011

The Next Bailout?

It's possible that President Obama will soon face the toughest economic question since his original stimulus decision: join a global bailout of the European periphery countries or not? In 2008, President Bush moved to rescue US banks deemed too big to fail. The really scary possibility in a …

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Written by David Frum on Friday August 19, 2011

TARP Profit Proves It Was the Right Call

There's a lot to indict in the recent financial management of the United States. TARP should not have been necessary. But it was, and the news of its $24 billion profit is the proof. Here's why TARP's $24 billion profit is so important: The profit confirms that what happened in October 2008 was …

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Written by David Frum on Monday April 4, 2011