The $2 billion loss at JPMorgan Chase (JPM) has reopened debate on the Volcker rule. The proponents of the rule have seized on the story as proof that the Volcker rule is necessary and should be quickly put into effect by regulation. In reality, however, if the facts are as thus far reported, what happened at JPMorgan is proof that the Volcker rule is unworkable and should be repealed. 

Should credit unions be able to choose to convert to mutual savings banks and change their charter accordingly, if they think that would be better?

The political debate has been poisoned when 85 percent of African-Americans feel President George W.Bush stole the 2000 election.

Unlocking "unconventional" energy requires unconventional politics, and that's one resource that is genuinely scarce among today's backwards-looking bureaucrats and green interest groups.

This statement is available here as an Adobe PDF. 

The role of policymakers should be to establish broad, effective, and stable policies that permit the U.S. economy to evolve as market forces dictate.

Please note that this event has been postponed.

I wanted to be sure you saw the following two pieces by American Enterprise Institute (AEI) scholar Fred Kagan.In his Foreign Affairs Afghanistan piece, Kagan points out that: