Many people, observing the severe problems caused by Greece and other financially weak members of the European Union, wonder why the United States is not similarly afflicted. After all, the structures seem quite similar; the EU is united through a treaty into a single political grouping, while the U.S. is a union of states in a constitutional system. 

Government housing policies and the toxic mortgages they spawned were the sine qua non of the financial crisis.

President Obama’s Mexico strategy picked up where the Bush-era “Merida Plan” package left off. In 2012, if Mexicans choose a new president who decides to end the anti-drug offensive, we may wish that we had done more to support our Mexican allies when we had the chance.

I am deeply moved and honored more than I can say by this award from my esteemed colleagues and friends at AEI, and especially because of its association with the name and memory of Irving Kristol, a man for all seasons. Irving Kristol was my teacher, editor, mentor, patron, and...

Avoiding unilateralism may be helpful, but it can cost more than it's worth.

President Obama's decision not to celebrate one of the seminal events of the twentieth century--the fall of the Berlin Wall--is replete with symbolism.

President Obama in his State of the Union Address proposed that legislation be passed authorizing FHA to provide all homeowners that are current on their mortgage the opportunity to refinance at today's record low rates.