If the IMF is correct (a big if), China will be the planet's No.1 economy by 2016. That means whoever's elected in November next year will be the last president of the United States to preside over the world's dominant economic power.

Sometimes societies become too stupid to survive. A nation that takes Barack Obama's current rhetorical flourishes seriously is certainly well advanced along that dismal path.

For states in demographic decline with ever more lavish social programs, the question is a simple one: Can they get real? Can they grow up before they grow old? If not, then they'll end their days in societies dominated by people with a very different worldview.

The story of the Western world since 1945 is that, invited to choose between freedom and government 'security,' large numbers of people vote to dump freedom every time - the freedom to make your own decisions about health care, education, property rights, and a ton of other stuff.

What happened to those men and women at Fort Hood had a horrible symbolism: Members of the best trained, best equipped fighting force on the planet gunned down by a guy who said a few goofy things no one took seriously. And that's the problem: America has the best troops and fiercest firepower, but no strategy for throttling the ideology that drives the enemy — in Afghanistan and in Texas.

Jokes are one of the things that bind the culture. If you can't have jokes about everybody in society and if one group is hedged off and protected then that group can never truly be integrated.

When you're taxing bovine flatulence emissions, there's nothing left to tax.