NATO

Now, I’m not talking about the seeming inability of print and broadcast news outlets to successfully adapt to newfangled inventions like the Internets and Electronic Mail, but rather their slavish dedication to a peculiar worldview where the Cold War never ended.

One of the key initiatives that President Obama announced during the State of the Union address was a freeze on federal spending increases, and one key area of spending he made a point of exempting was the defense budget.   That reminded me of this essay on US military spending by the Cato Institute’s Doug Bandow.  He does a fine job of listing the threats the United States faces in the world and our analyzing our ability to meet them, but one statistic jumped out at me: for 2010 the Pentagon budget will be roughly $700 billion, this, Bandow notes, is only a little more than the inf