Charles Krauthammer gave an excellent lecture on the American choice to decline, which is the direction our foreign policy seems to be heading. The transcript is a long read, but well worth it. An excerpt:

The operational consequences of voluntary contraction are already evident:

* Unilateral abrogation of our missile-defense arrangements with Poland and the Czech Republic--a retreat being felt all through Eastern Europe to Ukraine and Georgia as a signal of U.S. concession of strategic space to Russia in its old sphere of influence.

* Indecision on Afghanistan--a widely expressed ambivalence about the mission and a serious contemplation of minimalist strategies that our commanders on the ground have reported to the president have no chance of success. In short, a serious contemplation of strategic retreat in Afghanistan (only two months ago it was declared by the president to be a "war of necessity") with possibly catastrophic consequences for Pakistan.

* In Iraq, a determination to end the war according to rigid timetables, with almost no interest in garnering the fruits of a very costly and very bloody success--namely, using our Strategic Framework Agreement to turn the new Iraq into a strategic partner and anchor for U.S. influence in the most volatile area of the world. Iraq is a prize--we can debate endlessly whether it was worth the cost--of great strategic significance that the administration seems to have no intention of exploiting in its determination to execute a full and final exit.

* In Honduras, where again because of our allegedly sinful imperial history, we back a Chávista caudillo seeking illegal extension of his presidency who was removed from power by the legitimate organs of state--from the supreme court to the national congress--for grave constitutional violations.

The New Liberalism will protest that despite its rhetoric, it is not engaging in moral reparations, but seeking real strategic advantage for the United States on the assumption that the reason we have not gotten cooperation from, say, the Russians, Iranians, North Koreans, or even our European allies on various urgent agendas is American arrogance, unilateralism, and dismissiveness. And therefore, if we constrict and rebrand and diminish ourselves deliberately--try to make ourselves equal partners with obviously unequal powers abroad--we will gain the moral high ground and rally the world to our causes.

Well, being a strategic argument, the hypothesis is testable. Let's tally up the empirical evidence of what nine months of self-abasement has brought.

With all the bowing and scraping and apologizing and renouncing, we couldn't even sway the International Olympic Committee. Given the humiliation incurred there in pursuit of a trinket, it is no surprise how little our new international posture has yielded in the coin of real strategic goods. Unilateral American concessions and offers of unconditional engagement have moved neither Iran nor Russia nor North Korea to accommodate us. Nor have the Arab states--or even the powerless Palestinian Authority--offered so much as a gesture of accommodation in response to heavy and gratuitous American pressure on Israel. Nor have even our European allies responded: They have anted up essentially nothing in response to our pleas for more assistance in Afghanistan.

The very expectation that these concessions would yield results is puzzling. Thus, for example, the president is proposing radical reductions in nuclear weapons and presided over a Security Council meeting passing a resolution whose goal is universal nuclear disarmament, on the theory that unless the existing nuclear powers reduce their weaponry, they can never have the moral standing to demand that other states not go nuclear.

Read the whole thing.