Since the end of the Cold War, many conservatives have consoled themselves with the thought that, in the end, there was a bipartisan consensus on America's role in the world, that the commitment to preserving U.S. power was deeply ingrained.

Why not rebuild on the basis of current and future potential economic and political power and start with a basic G3: the United States, the European Union, and China?

Idea of the "Third Way," as described at the DLC meeting by four European prime ministers and President Clinton, is based on a gross caricature of harsh conservatism.

Despite efforts to resurrect the transatlantic bonhomie of the Cold War era, the limitations of any strategic partnership between the United States and Europe are growing increasingly clear.