To understand the sometimes glaring gaps between candidate Obama’s promises and President Obama’s policies, it is useful to appreciate an old tension in American progressivism. . . .

For forty-five years, the threat of conflict with the Soviet Union brought the United States and Western Europe into a tight partnership, most notably represented by the NATO military alliance. But with the Soviet Union gone and the European Union on the road to possible superpower status in its own right, does the transatlantic alliance have a future? Peter Robinson speaks with Niall Ferguson, Josef Joffe, and Coit Blacker.

Peter Schweizer, the William J. Casey Research Fellow at the Hoover Institution and a former consultant to NBC News, discusses how Congress and the government, in giving sweetheart contracts to friends and big donors, cause a tremendous waste of taxpayer dollars.