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There is a basic lesson on financial crises that governments tend to wait too long underestimate the risks want to do too little. And it ultimately gets away from them and they end up spending more money causing much more damage to the economy.

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Reform of the medical liability system should be considered as part of a comprehensive response to surging medical malpractice premiums that endanger Americans' access to quality medical care.

We all hoped in 2001 that we could put in place an Afghan government under President Karzai that would be able to control the country make sure al-Qaeda didn't come back and make sure the Taliban wasn't resurging. It didn't work out.