Scalia breaks ranks, slams Bush Fed on bank regulation  —  WASHINGTON — In a rebuke of the Bush administration, the Supreme Court ruled Monday that a federal bank regulator erred in quashing efforts by New York state to combat the kind of predatory mortgage lending that triggered the nation's financial crisis.

Obama says coup in Honduras is illegal  —  WASHINGTON (Reuters) - U.S. President Barack Obama said on Monday the coup that ousted Honduran President Manuel Zelaya was illegal and would set a “terrible precedent” of transition by military force unless it was reversed.

Sanford: Staying is part of God's plan  —  In a written message to supporters Monday, Mark Sanford asserted that God's plan for him includes finishing his term as South Carolina governor.  —  Sanford is facing calls for his resignation after disappearing to Argentina then returning last week to admit an affair.

Video: Press corps now openly laughing at Obama's backtracking on taxes  —  It's a laugh riot, isn't it?  Actually, they might be laughing more at Gibbs's feeble way of ducking the question than The One's looming broken promise, but in Gibbs's defense, what's he supposed to say?

Video: Energy Czar hasn't read cap & tax, either  —  Barack Obama's energy czar appeared on Fox & Friends this morning to discuss the cap-and-tax bill passed by the House last week on a razor-thin margin.  Carol Browner got stumped by Fox's Steve Doocy while questioning her ability to speak to the subject …

Busby Blames Local Resident's Political Agenda, Sheriff's Department Officer In Raid On Fundraiser  —  I just spoke on the phone with Francine Busby, a previous and once-again Democratic candidate for California's Fiftieth House District, about Saturday's raid by the San Diego Sheriff's Department …

It's Now Legal to Catch a Raindrop in Colorado  —  DURANGO, Colo. — For the first time since territorial days, rain will be free for the catching here, as more and more thirsty states part ways with one of the most entrenched codes of the West.  —  Precipitation, every last drop or flake …

Enemies of the People  —  Writing in the New York Times, Paul Krugman has a Vyshinsky moment: So the House passed the Waxman-Markey climate-change bill.  In political terms, it was a remarkable achievement.  But 212 representatives voted no. A handful of these no votes came from representatives …

‘It takes small people to stoop this low’  —  Says Professor William Jacobson regarding Wonkette's despicable treatment of Sarah Palin's year-old son, Trig.  And I would amend the professor's sentiments only to improve them by saying, “It takes gay men to stoop this low.”  —  Yeah, I just wrote that.

8st 1oz, no food just pills in his stomach, bald, bruised, his ribs broken by CPR, 4 needle wounds near his heart...  THE horrifying state of pop superstar Michael Jackson in his final days can be revealed by The Sun today.  —  Harrowing leaked autopsy details show the singer was a virtual skeleton …

Rick Klein  —  ABC News' Senior Political Reporter and author of ‘The Note’  —  Rick Klein is ABC News' senior political reporter and author of ABC's The Note, a daily political blog and tipsheet that publishes every weekday morning at ABCNEWS.com.  The New Yorker magazine called The Note …

Obama's Obsolete Iran Policy  —  The audacity of hope gives way to the timidity of realism.  —  Printer  —  Friendly  —  President Obama's Iran policy is incoherent and obsolete.  Maybe David Axelrod should take note.  —  On Sunday, Mr. Obama's consigliere was asked about Iran …

COLUMBIA TENURES AN ISRAEL-BASHER  —  JOSEPH Massad's schol arly contribution during his decade as a faculty member of Columbia University's Middle East Studies Department may be summed up as follows: Israel is racist, and homosexuality is an insidious Western invention.

On Gay Issues, Obama Asks to Be Judged on Vows Kept  —  WASHINGTON — President Obama defended his policies on gay rights on Monday, telling an audience of gay men and lesbians that he remained committed to overturning the military's “don't ask, don't tell” rule and that he expected to be judged …

Bottom Line on Public Option  —  This won't come as the slightest surprise to those versed in health care policy issues.  But I fear it's only barely permeated the health care reform debate in the country, certainly in Washington.  And that's this: the opposition to a so-called 'public …

Ron Paul's ‘Audit the Fed’ Bill Gathers Steam  —  He may have faded from the national political scene a year ago, after his dark-horse presidential run came to naught, but Rep. Ron Paul 's influence is still being felt in campaigns and policy debates across the country.

A sound funeral plan can prolong a bank's life  —  Buried within the 88-page Obama administration proposal to overhaul financial regulation is an overlooked option called a “rapid resolution plan”.  It mandates that systemically important financial companies be required regularly to file a …

Madoff Sentenced to 150 Years in Prison for Ponzi Scheme  —  A federal judge sentenced Bernard L. Madoff to 150 years in prison on Monday for operating a huge Ponzi scheme that devastated thousands of people, calling his crimes “extraordinarily evil.”  —  In pronouncing the sentence …

Churchill, Torture, and Britain's Finest Hour  —  Over on his blog, Andrew Sullivan posts a quote from Edward R. Murrow about the British during World War II.  It reads, in part: … I salute Andrew's harsh and frequent condemnations of torture, and I respect the point he is trying to make.