"Concurrency" in defense programs–that is, overlapping development and production of weapons systems–has long been a controversial Pentagon practice. Now the Obama Pentagon is threatening to rewrite the procurement rules in a way that would make it extremely difficult to have the option of concurrent development and production.

The Democrats' shellacking in the midterms doesn't mean that Obama will lose in 2012.

We should encourage the creation and capitalization of new banks to provide new sources of private credit.

A new book offers a unique and captivating perspective on the history of the Pentagon.

The North Korean regime is beyond evil; it exists in a parallel moral universe.

A politician has the right to change his views, but isn't it disingenuous to do that and then denounce people who hold the positions you once held as being unprincipled.

The author recalls a recent official visit to Pyongyang and outlines the lessons it holds for America's negotiations with North Korea today.

The history of banking crises provides an informative perspective on the current financial crisis.