Senior Fellow William F. Shughart discusses financial developments at General Motors and Chrysler, the real issues at stake in the TARP debate, and how Obamas bailouts are negatively affecting the limping economy.
Is it possible that the U.S. governments response to the 9/11 attacks has served al-Qaeda interests? Despite the hype, U.S. law-enforcement officials have found little evidence of serious terrorist activities inside the country, compelling them to escalate their use of prosecution and entrapment to justify their enormous budgets.
The recent elections in Iraq have not resolved the main problems therea constitutional crisis, continued terrorism, a potent Sunni rebellion, and fighting between religious and ethnic groups that could result in a full-blown civil war. Is the Iraq war a hopeless quagmire that has been lost, or can the U.S. still foster a united, peaceful and prosperous Iraq?