Ted Kaufman: “The Department of Defense stands firmly behind this treaty. It strengthens strategic stability.”

It's only fitting that, at a crisis past, a government should set aside its crisis authorities.

We have got to get away from this too-big-to-fail. It is bad in so many different ways in terms of the concept.

Widespread cheating and fraud of the sort that drove the speculative housing and derivatives securities bubbles are anathema to public confidence in the markets.

A paper tiger that will fall apart the minute it is tested in a real life financial crisis