The cases of Representatives Maxine Waters and Charlie Rangel reveal the corruption that is almost inevitable when any politician is given a job for life and the scandalous lack of accountability in the Congressional Black Caucus.

What about the Canadian banking system allowed it to survive the recent worldwide slowdown without a single bank failure? What can the United States learn from Canada about sound banking?

The European Union (EU) has announced plans to levy a tax on airline emissions for all planes landing and taking off from EU airports. This tax would be calculated not only based on mileage flown in EU airspace but also for the entire length of the flight (thus, Chinese and Japanese airlines would be taxed for an entire journey from Beijing or Tokyo).

America's version of capitalism has been much more dynamic than Europe's. Why don't Obama and Romney debate that?

Elizabeth Warren is again at the center of a political controversy. Despite her insistence that she is part Cherokee, based upon “family lore” and her observation that some in her family had “high cheekbones like all the Indians do,” she has failed to produce any concrete evidence to substantiate her claim.

The number of schools ranked highly in guides such as Barron's Profiles of American Colleges is increasing, without any evidence that these schools' instructional quality is also increasing. Applicants and their families should be wary of letting these rankings serve as the main criteria in their college decisions.

It's budget season and every agency has a story.

The market's ability to recover will depend on the SEC's ability to restore confidence in the integrity of our financial reporting system.