How can the agency fight sexual harassment if it doesn’t punish it in its own ranks?
In a flip-flop worthy of John Kerry (I actually did vote for the $87 billion before I voted against it), Homeland Security Secretary Janet Napolitano told airline passengers that the security system was working just fine before conceding that there was a major break down in the system on Christmas Day. But for a bungling terrorist [...]
The catastrophe that struck America’s financial system in 2008 was not inevitable. Rather than a failure of markets, it was a failure by government to understand its proper role in markets — and the product of an unwise (and unnecessary) abandonment of a sensible system of rules and boundaries that had served American finance well [...]