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JEREMY PAGE: CHINA STARTS CARRIER TEST AT SEA

http://online.wsj.com/article/SB10001424053111903918104576499423267407488.html?mod=WSJ_hp_MIDDLTopStories By JEREMY PAGE BEIJING—China’s first aircraft carrier began sea trials Wednesday, marking a milestone in the country’s rapid military modernization and long-term strategy to challenge U.S. military supremacy in Asia and project power far beyond Chinese shores. The 300-meter-long carrier, based on an empty hull bought from Ukraine, sounded its horn three times as […]

DAVID MALPASS: WEAK DOLLAR, WEAK ECONOMY

http://online.wsj.com/article/SB10001424053111903341404576483952207342740.html?mod=WSJ_Opinion_LEFTTopOpinion Weak Dollar, Weak Economy By choosing to pay savers nearly nothing, the Fed discourages thrift and limits income growth. By DAVID MALPASS With all eyes on the debt-limit debacle and Washington’s out of control spending, it’s easy to forget the monetary-policy mess created by the Federal Reserve and its near-zero interest rate. But it […]

OBAMA TO WALL ST. BANKERS: “HEY FAT CATS…HELP ME GET THIS DEAL DONE” HOW IRONIC

By AARON LUCCHETTI, DAN FITZPATRICK and LIZ RAPPAPORT http://online.wsj.com/article/SB10001424053111903885604576486613348006704.html?mod=WSJ_hp_LEFTTopStories This week’s vote to avert a debt-ceiling crisis brought together a variety of uneasy political alliances. But few were as fraught with tension as the one between Wall Street and the Obama administration. Often at odds since the financial crisis, banks and the White House found […]

WHO’S AFRAID OF RICK PERRY? ALL THE GOP FRONTRUNNERS: ALLYSIA FINLEY

http://online.wsj.com/article/SB10001424053111904888304576476151613488080.html?mod=WSJ_Opinion_LEFTTopOpinion A new Gallup poll suggests that a possible entry into the GOP presidential primary by the Texas governor should concern frontrunners. By ALLYSIA FINLEY A new Gallup poll suggests that a possible late entry into the GOP presidential primary by Texas Gov. Rick Perry should concern frontrunners Mitt Romney and Michele Bachmann. Mr. Perry […]

THE DEBT CEILING AND THE PURSUIT OF HAPPINESS: ARTHUR BROOKS

http://online.wsj.com/article/SB10001424053111903554904576460753316043800.html The Debt Ceiling and the Pursuit of Happiness A welfare state that led to permanent austerity would betray the principles that have made American culture exceptional. By ARTHUR C. BROOKS “No one deserves our political support today unless he or she is willing to work for as long as it takes to win the […]

BRUCE BAWER: INSIDE THE NORWAY MURDERER’S MIND

http://online.wsj.com/article/SB10001424053111903999904576465801154130960.html?mod=WSJ_Opinion_LEADTop Inside the Mind of the Oslo Murderer In his 1,500-page manifesto, Anders Behring Breivik slides alarmingly from a legitimate concern about the rise of Islam in Europe to propose ‘terror as a method for waking up the masses.’ By BRUCE BAWER When bombs exploded on Friday in a compound of government office buildings in […]

THE ECONOMIC CASE FOR SUPPORTING ISRAEL

http://online.wsj.com/article/SB10001424052702304803104576426091990832686.html?KEYWORDS=GEORGE+GILDER By GEORGE GILDER America’s enemies understand deeply and intuitively that no U.S. goals or resources in the Middle East are remotely as important as Israel. Why don’t we? Israel cruised through the recent global slump with scarcely a down quarter and no deficit or stimulus package. It is steadily increasing its global supremacy, behind […]

THE RISK OF GENERIC DRUGS…ROGER BATE

http://online.wsj.com/article/SB10001424052702303339904576406163574698214.html?mod=WSJ_newsreel_opinion By ROGER BATE Beginning in 2007, tainted heparin (a blood thinner) imported from China was linked to the deaths of 149 American patients. It was a stark example of a growing problem. China is now the largest supplier of pharmaceutical chemicals—hundreds of tons annually—to the world. And pharmaceutical companies that buy these chemicals do […]

DOROTHY RABINOWITZ ON THE PROSECUTOR AND THE DSK CASE

http://online.wsj.com/article/SB10001424052702304760604576427592896119826.html?mod=WSJ_Opinion_LEADTop DSK and the District Attorney New York’s prosecutor could have chosen to exploit race and status in the high-profile case. By DOROTHY RABINOWITZ It should have been no surprise to hear that the career and reputation of Manhattan District Attorney Cyrus R. Vance Jr. had sustained a deadly blow as a result of revelations […]

THE BUTCHER OF SUDAN TOURS CHINA…GETS PLEDGES OF INVESTMENT…By BRIAN SPEGELE And JASON DEAN

http://online.wsj.com/article/SB10001424052702304314404576414832984660302.html?mod=WSJ_newsreel_world BEIJING—China pledged further investments in war-torn Sudan’s oil and gas reserves at the start of a state visit to Beijing by President Omar al-Bashir, who is wanted by the International Criminal Court for alleged war crimes. Ahead of Sudan’s planned north-south split next month, China, an influential supporter and a major oil buyer, is […]