Wednesday, December 10, 2008 The Cost of Hegemony Is Beyond Reach (1 comments)
Undeterred by massive budget deficits from wars, a falling economy, and financial bailouts, the U.S. government has managed to start a new cold war with Russia. Last Friday, the Russian military announced that it was developing a new generation of ballistic missiles in response to the U.S. government's decision to deploy ballistic missile defenses in Poland and the Czech Republic.