FUNDAMENTALLY TRANSFORMED: “Today it is my sad duty to report to you the death of the Pax Americana. This isn’t shocking news, as though the Pax had died unexpectedly in a car accident. No, this has been a long and lingering death — but the end now has come,” Steve Green writes — and I think I need to borrow a cup or 20 of Steve’s vodka after reading it; the photo accompanying the article says it all.

Still though — look on the bright side: Mr. Obama assured us that we would have “peace in our time” during his second term’s inauguration speech. With a keen knowledge of modern history like that, what’s the worst that could happen?