Secretary of State Condoleezza Rice said in September that the Bush administration will leave the proliferation “situation…in far better shape than we found it.” If only this were true. Instead, Bush officials leave office like financiers fleeing busted Wall Street banks, with precious assets squandered on risky ventures, once-solid institutions crumbling, surpluses turned into gaping deficits, and a string of problems mismanaged into crises that threaten to bring down a decades-old global regime.
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