Walter Russell Mead warns about the coming financial meltdown of some big blue states, like California, New York and Illinois.

Karl Rove writes about the Democratic revolt against Obama's tax cut compromise with the Republicans. There is a very real possibility that the compromise will not pass.

James Taranto writes about the reaction to the plan from the left.

E.J. Dionne wonders if the President is capable of winning battles against the right.

Jay Cost thinks the left is full of bluster now, but will loyally and enthusiastically line up with Obama in 2012.