The Finite World  —  Oil is back above $90 a barrel.  Copper and cotton have hit record highs.  Wheat and corn prices are way up.  Over all, world commodity prices have risen by a quarter in the past six months.  —  So what's the meaning of this surge?  —  Is it speculation run amok?

Bailed-Out Banks Slip Toward Failure  —  Number of Shaky Lenders Rises to 98 as Bad Loans Pile Up; Smaller Institutions Hit Hardest  —  Nearly 100 U.S. banks that got bailout funds from the federal government show signs they are in jeopardy of failing.  —  The total, based on an analysis …

Miller says he'll keep fighting for Senate seat  —  CHALLENGE: But GOP candidate won't oppose Murkowksi certification.  —  Anchorage Daily News / adn.com  —  Republican Senate candidate Joe Miller announced late Sunday that he would continue his challenge in federal court of the write …

Assange Memoir Sold in U.S., U.K.  —  LONDON—WikiLeaks founder Julian Assange has agreed to write a memoir, U.S. publisher Random House confirmed, receiving an advance that Mr. Assange said totals more than $1 million for U.S. and U.K. rights as he seeks to pay mounting legal bills and keep the document-leaking website in the black.

BROKAW: 'WE'LL SEE' IF OBAMA CAN LEARN ON THE JOB — HE DIDN'T HAVE HARD POLITICAL EXPERIENCE AS A GOV LIKE REAGAN DID  —  CATB  —  LOL .. all we heard was how Palin wasn't qualified .. she is much more qualified than “their” Obama!  —  Report Post »  —  Log in to Reply  —  TXPILOT

In ‘Daily Show’ Role on 9/11 Bill, Echoes of Murrow  —  Did the bill pledging federal funds for the health care of 9/11 responders become law in the waning hours of the 111th Congress only because a comedian took it up as a personal cause?  —  And does that make that comedian, Jon Stewart …

The Economy in 2011  —  After the passage of the tax cut deal, many economic forecasters raised their projections for 2011.  Recent economic indicators, including a reduction in weekly initial unemployment claims, an increase in industrial production, factory orders and consumer sentiment …

Subnational Government Debt Loans in China  —  Sometimes it's a bit hard to say what's happening in China (my photo, available under cc license)  —  Via Tyler Cowen, an anonymous “senior” Japanese official says: … Certainly something missed in many admiring columns about the quality …

‘Lame ducks can still fly,’ Daniels says of his last 2 years  —  Lame duck?  Hardly.  —  With only two years left as governor, Gov. Mitch Daniels feels more charged up than ever.  —  The November election gave him solid Republican majorities in both the Senate and House …

VIDEO: Daughter Says Newt Gingrich Is ‘Very Serious’ About Running For President  —  Jackie Gingrich Cushman said that her father Newt Gingrich is more intent that ever on running for President in 2012.  Gingrich has said that he will announce his decision on running in February or March.

Juan Williams: Palin not on same ‘intellectual stage’ as Obama  —  Fox News contributor Juan Williams said Sunday that Sarah Palin “can't stand on the intellectual stage” with President Obama.  —  Williams, in his role as an analyst on Fox News Sunday, was breaking down the Republican presidential field, which he saw as weak.

America's Dangerous Rush to Shrink Its Military Power  —  Just as in the 1930s, the economy is the supposedly humanitarian excuse for reducing the military—although the endless miseries of the world will not be alleviated if, due to an imbalance of power, great and little wars rage across it.

Coded American Civil War message in bottle deciphered  —  A message in a bottle delivered to a Confederate general during the American Civil War has been deciphered, 147 years after it was written.  —  In the encrypted message, a commander tells Gen John Pemberton that no reinforcements …

NYT: “Bundle Up, It's Global Warming”  —  Manhattan seems to be filled with foolish people who bitterly cling to their pagan religion.  —  From the New York Times: “Bundle Up, It's Global Warming.”  —  The headline is attached to a bizarre article by Judah Cohen.

Janet Napolitano: Director Of National Intelligence Did Not “Need” To Know About London Terror Plot  —  Homeland Security Secretary Janet Napolitano appeared on CNN's State of the Union and was eager to defend Director of National Intelligece James Clapper's embarrassing ordeal of being unaware …