Losing money is embarrassing. And an embarrassed Jamie Dimon publicly admitted that J.P. Morgan Chase goofed. Three senior executives lost their jobs as a result. But politicians and regulators in Washington are rushing to leverage the bank's misfortune for their own gain.

The ham-handed Barack Obama campaign attack ads on Mitt Romney's former firm Bain Capital have drawn a lot of ire from other Democrats.

Despite a growing backlash from his fellow Democrats, President Obama has doubled down on his attacks on Mitt Romney’s tenure at Bain Capital. But the strategy could backfire in ways Obama did not anticipate. After all, if Romney’s record in private equity is fair game, then so is Obama’s record in public equity — and that record is not pretty.

It's comfortable living in a cocoon -- associating only with those who share your views, reading journalism and watching news that only reinforce them, avoiding those on the other side of the cultural divide.

Liberals have been doing this for a long time. In 1972 the movie critic Pauline Kael said...

Gov. Bob McDonnell (R-Va.) has long been on almost everyone's short list for the Republican vice presidential nomination. But now McDonnell's national security credentials have come into question, thanks to his mishandling of a bill passed by the Virginia General Assembly.

The dispute over Iran’s controversial nuclear program has reached crisis point. Despite increasing foreign sanctions in recent months, Tehran is continuing its nuclear work, refusing to cooperate, and has indeed tripled its monthly production of higher-grade enriched uranium.

Former UN SecGen Kofi Annan just wrapped a breathtakingly cynical press conference in Turkey, insisting his peace plan for Syria is not dead despite new demands from the Assad regime and failure to withdraw from major city centers agreed to in the Annan plan.

In the run-up to this weekend's G-8 summit at Camp David, journalists have unfavorably compared European "austerity" with Barack Obama's economic policies.