Media reporters have pointed out that the paragraphs in my Time column this week bear close similarities to paragraphs in Jill Lepore's essay in the April 22nd issue of The New Yorker. They are right. I made a terrible mistake. It is a serious lapse and one that is entirely my fault. I apologize unreservedly to her, to my editors at Time, and to my readers.

In a world awash in debt, power shifts to creditors.

Alaska itself is an unusual state.

Politically Incorrect was the name of the show Bill Maher hosted in the 1990s. It's also an apt description of the man himself. Now host of - HBO's hit show Real Time, I find Maher to be one of the sharpest observers of American politics and life in general out there. It doesn't mean I always agree with him. I always find him funny, though.

If a senator calls me up and asks me what should we do in Iraq, I'm happy to talk to him.

Iran is a country of 80 million people, educated and dynamic. It sits astride a crucial part of the world. It cannot be sanctioned and pressed down forever. It is the last great civilization to sit outside the global order.

The American consumer, even today, the weight of the American consumer in the global economy is China plus India doubled. So, it's tough to replace that.