The shutdown itself is bad but not devastating. The real danger will come up in a couple of weeks. There's legislation which is in fact routine - it's passed every year - which allows the government to borrow money, otherwise it can't function. If Congress does not approve this budget request, the government may have to default.

Whatever the reasons may be, I was very much affected by events of the 1930s - the Spanish Civil War, for example, though I was barely literate.

We're looking at the dawn of a new arms race. For example, Germany technically opposes the US space militarization program, but is bound to get involved. Otherwise it will be left behind in the development of advanced technology. Germany understands that very well. The US understands it too, and they fully expect that Germany and other countries that they want on board will go along with the program.

They, students have a degree of freedom that nobody else has.

The costs of the Bush-Obama wars in Iraq and Afghanistan are now estimated to run as high as $4.4 trillion - a major victory for Osama bin Laden, whose announced goal was to bankrupt America by drawing it into a trap. The 2011 military budget - almost matching that of the rest of the world combined - is higher in real terms than at any time since World War II and is slated to go even higher .

Labor has been severely undermined, but that's happened before. In the 1920s, the labor movement was virtually crushed, in large part by Wilson's Red Scare, but it dramatically revived in the 1930s. It spearheaded the social-democratic New-Deal style changes which were beneficial to the country - not sufficient, but beneficial. That could happen again.

You know, people talk about [Richard] Nixon's "madman theory." We don't really know much about that. It was in memoirs, by somebody else.