NEWSWEEK WASTES MORE SPACE ON A NEO-CON

This time it's Niall Ferguson from Harvard, yet another exception to the conservative meme that they aren't welcome in the Academy. In "An Empire at Risk," he's worried that the U.S. may have to reduce defense spending, which had been a whopping 40% of the entire world's defense spending BEFORE Iraq and Afghanistan. The percentage now is almost 50%.