Philip Ewing, of DOD Buzz, points out another possibility that I didn’t contemplate: that we could “swing and miss,” as he puts it. In other words, try to shoot down the missile and fail to do so.

Blowing up North Korea's missile would help achieve a durable peace.

The overwhelming success of the Mega Millions enterprise makes it an irresistible target for something more — a way to transform American elections and along the way reduce our deep political dysfunction.

The sorry history of nuclear negotiations with North Korea demonstrates that the international community has absolutely no reason to assume the current North Korean regime will voluntarily denuclearize.

The new Public-Private Investment Program looks similar to, and faces the same technical challenges as, plans proposed by then-treasury secretary Paulson last year.

A new rule approved by the commissioners of the Securities and Exchange Commission will discriminate among shareholders, since the SEC would increase the clout of special-interest groups at the expense of the vast majority of shareholders.

Insolvent institutions should be taken over by the Federal Deposit Insurance Corporation.

One of the most striking things I've found in Europe these past two weeks is the absolute conviction that the Bush team is just itching to invade Iran to prevent it from developing nuclear weapons.