Ed Morrissey finds more good news out of the Basra “debacle”.

Far from fracturing the polity of Iraq, Maliki’s efforts against the militias has built confidence that his government wants to move away from sectarianism. The Kurds and Sunnis see encouraging signs in Maliki’s operations, as do Maliki’s other Shi’ite allies. In fact, national reconciliation will not be possible until the Baghdad government takes action against the militias and enforces central control over Iraqi security — which requires Maliki to do what he’s doing right now in Basra.

Sounds like Maliki’s secret plan was successful.

Quote of the day

By George Will concerning mortgages and the candidates take on them.

The market, which bewilders and annoys liberals by correcting excesses without the supervision of liberals, is doing that as housing prices fall far enough to stimulate demand. Witness this recent Financial Times headline:

“Property sales pick up as prices plummet.”

The story began: “Sales of previously owned homes in the U.S. rose for the first time in seven months in February, while sale prices fell by their most in at least 40 years.” By golly, the Gershwins were right: The age of miracles hasn’t passed.

By Golly is right!