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.

Much of America is now in need of an equivalent of Mrs. Thatcher's privatization program in 1980s Britain, or post-Soviet Eastern Europe's economic liberalization in the early Nineties. It's hard to close down government bodies, but it should be possible to sell them off. And a side benefit to outsourcing the Bureau of Government Agencies and the Agency of Government Bureaus is that you'd also be privatizing public-sector unions, which are the biggest and most direct assault on freedom, civic integrity, and fiscal solvency.

Absolute welfare corrupts absolutely.

Question: How much do you have to invest in the future before you've spent it and no longer have one?

Like most people, I have no wish to live in a community organized by community organizers.

We're on the brink of a world in which the wealthiest nations, from Canada to Norway to Japan, can barely project meaningful force to their own borders while the nickel 'n' dime basket-cases go nuclear.

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.