North Korea's Failed Test

Everything I've read about North Korea indicates that it's years away from being able to detonate a nuclear weapon in the Western Hemisphere. Therefore, I wasn't all that tuned into its recent missile test. However, as a friend points out, I'm ignoring the bigger picture: the real fear is a North Korean/Iranian alliance.

With North Korea supplying the rocket and Iran supplying the payload, North Korea's test launch seems much, well, scarier. Fortunately, it was a failure.

In context, Obama's recent European tour is all the more encouraging, as the long-absent pragmatism he championed on the campaign trail seems to be making a comeback. Let's hope this is just the beginning, and that Wall Street is next on his agenda.

For the record, I predict that the President's speech in Prague will come to be regarded as a seminal piece of American foreign policy.