It would be easy to cheer as the Obama administration seeks to take down Goldman Sachs. After all, Goldman Sachs has become a proxy for Wall Street, since so many of the old icons no longer exist or have been consumed as a result of the 2008 credit crunch.

But do not...

DEBKAfile is an Israeli website which focuses on intelligence, military affairs, and Middle East politics. It is a must-read and is on my list of “Blogs I Read” in the left sidebar.

The site frequently breaks information about various intriques which we read about in the mainstream media only weeks or months...

Oh, the world they live in. Surrounded by enemies, they sit in their guarded lairs waiting for “the other” to approach.

And then it happens. The guards are no more, and they must face the menacing horde. Alone with their paranoia and hypocrisy and thousand dollar espresso makers.

As chronicled by the...

For two years, opponents of Obama’s agenda have been painted by the mainstream media, left-wing blogs and Democratic leadership as racist and extremist white supremacists.

The charges are malicious and false, as documented here dozens of times.

So what happens when there is a real white supremacist, neo-nazi rally? Almost no one notices.

As...

On Friday, Goldman Sachs was charged by the Securities and Exchange Commission with fraud in the formation and marketing of a mortgage backed product, a so-called Collateralized Debt Obligation.

The gist of the allegations is that Goldman Sachs failed to disclose that a major hedge fund both helped in...

You will never guess who. Or in which publication such tripe was written.

For those of you who have just emerged from a three-year long coma or a round-trip to Mars, here is the context, from The New York Times (emphasis mine):

They are two of the smartest men of their generation, both ...

Just a little anecdote about the likely future of Obamacare:

I was speaking with a doctor friend earlier today, and the topic turned to Medicaid, Medicare and private insurance reimbursement rates. He told me that Medicare pays him about half what private insurance pays, and Medicaid pays even less.

He takes Medicaid...

Obamacare will have the unintended consequence of creating a two-tier system which is far more dramatic than the current system.

We all know about the coercive nature of the individual and employer mandates under Obamacare. Those mandates, however, merely are mandatory (brilliant, I know).

The mandates do not prohibit people from purchasing extra...

The NY Times reports on a classified memo sent by Secretary of Defense Robert Gates to President Obama admitting that current U.S. strategies on Iran will not succeed in stopping Iran from building a nuclear weapon:

Defense Secretary Robert M. Gates has warned in a secret three-page memorandum to top White House...

Mea Culpa — The second incident referred to below was by Kelly O’Donnell, not Norah O’Donnell. My mistake, corrected below. The point remains the same.

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This is the latest in a series on the use of the race...

Dana Lithwick asks What Are Liberal Law Students So Sad About? Her conclusion is that liberal law students are sad because their liberal legal heroes can’t seem to get on the Supreme Court:

Since it’s April, and America’s law students have nothing else to do (kidding!), I’ve done a bunch of talks...

In the company of Obama supporters, it’s called “inventing” oneself:

Look at how much Barack Obama had to figure out. I mean, he’s born who he is, he can look in the mirror; but it must have been extraordinarily confusing to have this father who was a ghost, a myth, a collection...

A rumor — apparently denied — that possible (likely?) Supreme Court nominee Elena Kagan is gay set the White House on a “scorched earth” attack on CBS News, where the rumor was reported in a blog. The reaction in the left-wing blogosphere...

Underfunded state retirement systems are one of the greatest problems facing states. There does not seem to be a way out, as municipal and teachers’ unions are loathe to negotiate substantial reforms and state governments simply do not have the money to meet unsustainable promises.

An interesting case was just handed down...

Two weeks ago, unemployment numbers were released supposedly showing a jobs recovery, leading the New York Times and others to cheer how we had turned the corner. Steve Benen at Washington Monthly declared that this was a “breakthrough month” (rah-rah).

As I discussed at the time, even the NY Times had to...