Today’s bombing of an Israeli diplomat’s car in New Delhi is sure to raise international scrutiny on India’s problematic ties with Iran.

Day traders and their acolytes tried to pressure the Federal Reserve to open the money spigots wider this week. Fortunately, the Fed said no to QE3, at least for now. But it did vote to continue its super-easy, zero-interest-rate policy until mid-2013, well after the next presidential election.

While Governor Jerry Brown will be safely out of office by the time his wind and solar energy regulations kick in, the rest of us will have to deal with the high costs, low reliability, and environmental degradation attendant upon this latest exercise in the fantasies of renewable power.

It’s folly to expect Beijing to seriously help in curbing Pyongyang.

Without the reckless expansion of unemployment-insurance coverage to 99 weeks, the unemployment rate may now be just 6.8 percent rather than 9.5 percent, and President Obama's economic advisers should have warned him that such an expansion would be unwise.

The European Monetary Union will break down, and Europe will be better off for it, notwithstanding widespread warnings from European politicians of what an "unthinkable" disaster its breakup would be.

Cash for clunkers is another lesson in how a bureaucratic economy operates, one which denizens of European welfare states and their 30 percent lower standard of living know all too well.