Newtzilla is back. Six weeks ago, during the last Newt Gingrich surge, I wrote here that "conventional weapons are useless against Newtzilla…. Everything bad about Gingrich — the flip-flops, the wives, the ego — is known. Once voters have convinced themselves they can overlook...

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.

It is ridiculous to call the theory of the Fed under Alan Greenspan "libertarian."

This article is the first part of a two-part examination of the contentious issue of how state governments' provision of goods and services to the public should be taxed under a VAT.

So now it's Ron Paul's turn. The diminutive Texas libertarian is poised in the latest polls to win the Iowa caucuses. Obviously, this would be rough news for Newt Gingrich — who's in third place and falling — and very good news for Mitt Romney.

If Iraqi Kurdish leaders had the power to prevent the Turks from acquiring the tools of massacre but did not, they should be willing to explain why, or be forced to acknowledge they use the rhetoric of Kurdish empowerment insincerely.

Carrying out the missions associated with securing four fundamental interests has been the raison d'être of U.S. military forces under presidents of both parties in times of conflict, of Cold-War competition, and in moments of relative stability and peace. Taken together, they define America's role in the world.

A reason frequently given for financial market behavior in recent years is the belief that the Fed will bail out the market's mistakes.