When the Gloves Come Off

Jonathan Schell, The Nation: "'Every tree in the forest will fall,' said James McCord, the Watergate conspirator, as he prepared to blow the lid off the cover-up of the scandal, leading to the forced midterm resignation of President Nixon. The phrase comes to mind as one surveys the condition of the United States today. The country's military power is evaporating in failing ground wars in two pulverized, impoverished countries, leaving its recent pretensions to global imperial grandeur in ashes. Its economic power is crumbling daily as its banking system collapses and its instruments of credit seize up in what Federal Reserve chair Ben Bernanke has told Congress may be a 'heart attack.'"

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