Despite Arab Spring, Israel Stands Alone in Middle East

The so-called Arab Spring has morphed into an “Islamist tidal wave” that has broken “on the decks of Israel and the U.S.,” according to the Wall Street Journal’s Bret Stephens. Democracy has failed to take a foothold in the region following the mass uprisings of last year, leaving Israel “alone in a very dangerous neighborhood,” said Stephens, a Journal columnist and editorial board member.

Obama: Give Diplomacy
Yet Another Chance

President Barack Obama still believes that “an opportunity remains for diplomacy” with the Iranian regime, which continues to enrich uranium and refuses to answer basic questions about its disputed nuclear program. “I firmly believe that an opportunity remains for diplomacy—backed by pressure—to succeed,” Obama told more than 13,000 attendees at the American Israel Public Affairs Committee’s annual conference. “The United States and Israel both assess that Iran does not yet have a nuclear weapon, and we are exceedingly vigilant in monitoring their program.”

GM Halts Volt Production, Blames Media

General Motors will halt production of its battery-powered Chevrolet Volt for five weeks, resulting in temporary layoffs for roughly 1,300 GM workers, the company announced Friday. The production-halt is yet another stumble for the beleaguered Volt—which has been promoted by the Obama administration, despite safety flaws and its high price tag.

Chesapeake’s Dirty Energy

The Justice Department is investigating Chesapeake Energy—the second-largest natural gas producer in the U.S. that spent millions pushing the idea that natural gas is a clean alternative to coal—for possible criminal violations of the Clean Water Act. In a filing with the Securities and Exchange Commission Wednesday, Chesapeake disclosed that the company is under investigation for three of its well sites in West Virginia.