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Saturday, May 08, 2010

Walter Russell Mead, looking at the events of recent days from Jerusalem, reminds us that the secular religions spawned by the Enlightenment have not created Utopia, nor brought us to the the end of history.

James C. Capretta says Greece is the canary in the European coal mine.

Investigators are still trying to figure out what happened when the Dow plunged almost a thousand points in just a few minutes. In my view, while it probably was a mistake, it highlights the vulnerability of our equity trading systems. If one trader could make a mistake that caused such a wild swing, why couldn't a saboteur do so, as well? What about a team of saboteurs? Just a thought.

More thoughts in the fat-fingered explanation for the stock price free fall.

Could there be a bigger stock disaster looming on the horizon?

Niall Ferguson explains why the Greek financial crisis could spell the end of the Euro.

Irwin Stelzer wonders if the U.S. can avoid the European financial contagion.

Adam Brodsky says we can't just play defense against the terrorists.

Negotiations continue between the Conservatives and the Liberals in the UK over the formation of a coalition government. The lack of a clear majority, as well as other problems, puts the spotlight back onto the issue of electoral reform in Britain. Gerard Baker says the election results reveal a great deal about the political and economic crisis facing the country.

The politicians continue to improve the pay and benefits of military service members and retirees, which is a winning political formula, despite the fact that the Pentagon brass and civilian leadership want them to rein in those costs.

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