Contested Mississippi U.S. Senate election heads to court

JACKSON Miss. (Reuters) - The Tea Party-backed U.S. Senate candidate defeated in the June Mississippi Republican primary filed a legal challenge contesting his loss on Thursday, days after his own party declined to look into his allegations of electoral misdeeds.

Read More (Opens In A New Tab)

The Forever Slump

Paul Krugman, New York Times
ItÂ’s hard to believe, but almost six years have passed since the fall of Lehman Brothers ushered in the worst economic crisis since the 1930s. Many people, myself included, would like to move on to other subjects. But we canÂ’t, because the crisis is by no means over. Recovery is far from complete, and the wrong policies could still turn economic weakness into a more or less permanent depression.In fact, thatÂ’s what seems to be happening in Europe as we speak. And the rest of us should learn from EuropeÂ’s experience. Read More (Opens In A New Tab)

Obama, Senators Weigh In on Missouri Shooting, Unrest

Caitlin Huey-Burns, RealClearPolitics
President Obama has asked the Department of Justice and the FBI to investigate the shooting death of Michael Brown by a police officer in Ferguson, Mo. -- an incident that has raised questions nationwide about race and justice in black communities, First Amendment rights, and the use of excessive force by police officers. Lawmakers have also begun to weigh in on the killing and its aftermath. U.S. Sens. Claire McCaskill, a Democrat from Missouri, and Rand Paul, a Republican of Kentucky, have called for the “demilitarization” of the police presence in Ferguson, where five nights of... Read More (Opens In A New Tab)

Lawmakers in drought-hit California finally agree on water plan

SACRAMENTO Calif. (Reuters) - California Governor Jerry Brown approved on Wednesday a $7.6 billion plan to improve water supplies in the drought-striken state that will be put before voters in November, ending a year of political wrangling over the measure.

Read More (Opens In A New Tab)

Use of Force in Iraq Could Create New Void

George Will, Washington Post
Read More (Opens In A New Tab)

Where Have all the Entrepreneurs Gone (cont.)?

Robert Samuelson, RealClearPolitics
WASHINGTON -- American businesses are aging, I wrote last week, and a sharp decline in startup companies is a big reason. As the share of young firms shrinks, the surviving companies are naturally older -- and this may have huge ramifications for the economy. Established companies may create fewer jobs and innovations than do young businesses. So, what's happened to America's vaunted entrepreneurs? The experts I contacted last week had a uniform answer: no one knows. When you write "no one knows," someone inevitably pops up claiming to know. I shouldn't have been surprised a few days later to... Read More (Opens In A New Tab)