The Obama administration's plan is to have the Federal Reserve regulate banks that might pose a 'systemic risk' if they were to fail.

There is much to dislike about President Obama's approach to the financial crisis. But opposition, it seems, will have to come from somewhere other than conservatism. The party out of power is also a party out of touch.

Financial regulation is the next item on the political horizon, and it doesn't have to be the deathly dull wonk-battle that it sounds like. In fact, if the Democrats do their job, it can just as easily become a platform for addressing the greatest issues of them all.

Just as the financial crisis has created toxic assets and 'zombie' financial institutions, so has it transformed conservatism into a movement of the living dead.

I was never a fan of Barack Obama's bipartisanship routine.

In America, we no longer have an institutionalized, organized way of calling business to task - of taking them to account for what they've done - and this is especially true in the cultural realm.

When you take somebody's quote out of context, which happens all the time, nobody's ever going to go and do the research on their own and figure out that you got it wrong.