Resolution of the European mess has been all about how to bail out banks at taxpayer expense even though banks brought this mess on to themselves by treating sovereign debt as if it had zero risk.
Up to 40 million Chinese people still live in caves. That's more than the populations of Texas and Illinois, combined. In fairness, a fraction of these caves are apparently pretty nice, complete with electricity and well-compacted dirt floors. But that's grading on a curve because, well, they're still caves.
I haven't got a clue what happened or didn't happen while Herman Cain was CEO of the National Restaurant Association. There appear to be fewer than a dozen people -- the two women and their lawyers, the general counsel and whoever produced the paperwork at the association, the people who wrote and signed the checks, and Herman Cain -- who do know, and as of this writing none of them are talking. So, let's put aside what, if anything, Cain did wrong.
Anyone wondering why the recovery went nowhere and will go nowhere need only look at who was advising president Obama and who has his ear now (Christina Romer and Tim Geithner, respectively).
In pulling the US military out of Iraq, the president is doing what he said he would do. If it all works out, he will be able to trumpet his success in safely bringing the troops back. But if he turns out to have squandered the peace after so many sacrificed so much to win the war, there won't be much doubt about who lost Iraq.
When all else fails, sex sells. The only way to sell the American public on socialism is to use sex appeal because socialism does not appeal to reason or justice. And watching handsome high rollers head to prison is no doubt an Occupy Wall Streeter’s notion of ultimate bondage sex appeal.
Like every program designed by Obama, he reckoned we'd all get caught in the snare of government spending and have no choice but to continue it. Even liberals saw this coming, but did nothing about it and states now have been left cleaning up another liberal mess.