Nuclear weapons present perhaps the greatest threat to our global security. Yet, for eight years the Bush administration shunned the global arms control regime that has played such a crucial role in preventing the further spread of nuclear weapons. This week, President Obama sent a very clear signal that non-proliferation is back at the top of the agenda.
The justified outrage over AIG’s post-bailout bonuses should not be conflated with the revelation that AIG dispensed billions to foreign banks. The US needs an international recovery to sustain our own recovery, and our status as the sole global superpower and the world’s reserve currency give us a unique stake in working to maintain the global economy. Despite public anger at AIG, as President Obama noted during his address to Congress, “in a time of crisis, we cannot afford to govern out of anger.”