Nick Gillespie writes about the three essential facts to keep in mind when thinking about the tax and spend issue at both the state and federal levels. These are the immovable objects when it comes to the debate surrounding this issue. We are out of money, our public employees are overpaid, and we cannot tax our way out of this mess. The short term ebbs and flows of political power between Republicans and Democrats will not change these simple facts.

Another explosion and a greatly increased potential for a meltdown at that Japanese nuclear power plant.

Niall Ferguson ponders Barack Obama in the role of Jimmy Carter. I remember those years, and how bad things seemed at the time. Ferguson also says there is another way to get Gaddafi.

James Carville admits a mistake.

Juan Williams says 'I told you so' about NPR.

Saudi troops enter Bahrain.