You can't uninvent things, you can only make them obsolete... Ronald Reagan understood that the surest method of neutralising any weapon is to make it obsolete.

General Motors, like the other two geezers of the Old Three, is a vast retirement home with a small money-losing auto subsidiary.

In 1897, troops from the greatest empire the world had ever seen marched down London’s mall for Queen Victoria’s diamond jubilee. Seventy years later, Britain had government health care, a government-owned car industry, massive government housing, and it was a shriveled high-unemployment socialist basket-case living off the dwindling cultural capital of its glorious past. In 1945, America emerged from the Second World War as the preeminent power on earth. Seventy years later . . . Let’s not go there.

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.

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.

For Al Gore and Paul Ehrlich and Co., whatever the problem, the solution is always the same. Whether it's global cooling, global warming, or overpopulation, we need bigger government, more regulation, higher taxes, and a massive transfer of power from the citizens to some unelected self-perpetuating crisis lobby.

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.