Democrats pushing hardest for the Waxman-Markey climate change bill are determined to have it signed into law before the Copenhagen climate conference in December.

Let’s start with the stark reality: Second presidential terms rarely result in major accomplishments. Presidents have few new ideas that have not been posed in their first two years, and already met with success or failure. And second-term presidents face even more obduracy from the opposition, bitter at a second loss of the big prize. 

The comfortable way is to blame Trayvon Martin's death on 'the system,' and 'the system' is a white thing.

Shareholders are rightly fearful that any sovereign debt rescheduling in the periphery right now will trigger contagion and a full blown banking crisis in Europe's core countries.

There will be a further significant intensification of the Euro-zone debt crisis in the months immediately ahead that could result in the Euro's unraveling within the next twelve months. This crisis poses serious risk to the US economic recovery.

The fat years of the housing bubble lasted from 1999 to 2006 - seven years. The bubble was deflating by the beginning of 2007 and collapsed into the panics of 2007-09. Since then we have been struggling in its deflated wake. If we get the Biblical sum of seven lean years, the housing and related debt markets will bottom in 2013 - not a bad forecast. 

Over the past few months, there has been a marked intensification of the Eurozone debt crisis that could have major implications for the United States economy in 2012.

We interrupt President Obama’s celebration of keeping a campaign promise to bring you news from Iraq, where a political crisis has been unfolding since just hours after Secretary of Defense Leon Panetta departed on Thursday.