Selling public property is the true Chicago way. Had Mr. Obama not been elected president, the nation's business journals would be falling over one another to praise his city for its daring, market-friendly innovations.

Most of Roosevelt's innovations have been the law of the land for 70 years now, and yet we are still a free society free enough, that is, to allow tens of thousands of protesters to gather on the National Mall and to broadcast their slogans and speeches to the world via C-SPAN.

When done right - or wrong, depending on how you look at it - deficits remove liberal options from the table. Suddenly there's no money for building bridges or inspecting meat. Not surprisingly, running up a deficit is a strategy favored by the wrecking crew for its liberal-killing properties.

Our current way of regulating the financial system is dysfunctional. Oversight is dispersed among numerous confusing bodies that at times have seemed to be racing each other to the bottom. Setting up One Big Regulator would end that problem.

If we don't have a vigorous questioning, aggressive journalistic community and mythology, democracy itself is in great jeopardy.

When I traveled as secretary of state, I was deluged with thick briefing books full of information about the politics, economy, and culture of each destination, so those took up most of my reading time.

The 5th Amendment guarantees that defendants can't face 'double jeopardy,' which means the government can't prosecute a person a second time for the same crime if the jury returns a verdict. Only if the jury doesn't reach a decision can prosecutors elect to retry the case.

Government can contribute to a shared sense of purpose on the part of the citizenry; that's its highest and best application.