David Frum is leaving National Review to set up a new online venture called NewMajority.com which will launch once Obama takes the oath of office in January. Frum explains himself here:
Over the past three years, I have been engaged in some intense rethinking of my own conservatism. My fundamental political principles remain the same as ever: free markets, American leadership in the world, and intense attachment to inherited moral and cultural traditions. Yet I cannot be blind to the evidence that we have seen free markets produce some damaging and dangerous results in recent years. Or that the foreign policy I supported has not yielded the success I would have wished to see. Or that traditions must evolve if they are to endure. There are new principles too that must be included in a majority conservatism: environmental protection as a core value and an unwavering insistence upon competence and integrity in government.

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