The bankruptcy estate of Lehman Bros. claims that JPMorgan forced Lehman into a sudden bankruptcy, to save itself money it might have had to pay Lehman on derivatives. It’s another example of the wolves of Wall Street eating their own.

There is no individual without community and devotion to the common good, which Glenn Beck says lead to death camps(!), but which we know lead to freedom and human fulfillment.

“I pwomise you, we’ll make that big ole BP pay a lot of money, OK? Billions of dollars, I pwomise you. We’re going to have a big cleanup job and it’s going to get cleaned up, all right?” said Landrieu.

While conservatives are whining about Obama not going to Arlington National Cemetery for Memorial Day, they’re missing the fullness of the celebration. Accounts of the earliest Memorial Day celebration (years before they celebrated it at Arlington) note that the day included a march of veterans, speeches, decorating graves, and a barbecue. That’s right: a barbecue.

Don’t let anyone tell you that you can celebrate Memorial Day without one. YMMV (Your Menu May Vary), but you have to fire up the grill to really celebrate Memorial Day the way the founders intended.

BP Managing Director Bob Dudley makes the rounds this morning with heavy oil disaster coverage today, also some DADT, the economy, and the war.

The Little House. This Walt Disney Productions cartoon was released on August 8, 1952.

BATON ROUGE — British Petroleum, whose Deepwater Horizon crude oil extraction facility has historically done so much to liberate America from a debilitating reliance upon petroleum products provided by swarthy, untrustworthy foreigners, today announced its decision to sue Louisiana-based brown pelicans in federal court for the theft of valuable company assets. “Many people have seen [...]

Last winter, author Joe McGinnis, who is writing a critical book about Sarah Palin, was looking for a place in Wasilla to rent this summer, as he continues his research. He was offered the house next door to the Palins’ Lake Lucille cult compound-in-progress. He wasn’t looking for the place. It came looking for him. What would you do?

It’s clear who has driven the process of more discretion for the regulators, less hard constraints on the banks and the elimination of anything that would actually alter the way Wall Street does business — the White House and the Treasury Department.

While not passing a COBRA extension, Congress did manage to vote for an incredibly expensive second engine for the F-35, which the military says it doesn’t need and really doesn’t want. We are literally wasting billions on hardware the military is asking Congress to cut while causing economically besieged Americans to lose their insurance.