
Why Libya Right Now Is a Dow at 6,500 Type Moment for the American Foreign Policy Establishment
Every once in a while a pitch comes along that looks like the sweetest, juiciest, fattest pitch you are ever going to see. That is what you wait for.
“Inside the Beltway” was the column’s heading for Washington as a market in its own right. The piece filed here argues that the intervention in Libya was, for the American foreign policy establishment, the equivalent of the Dow at 6,500 — a moment when a consensus repriced. It is a piece about how a professional class revises its beliefs under pressure, written while the revision was happening.
The portal does not run a politics desk. Where it touches government, it is in policy and regulation, which reads statistics and rules that decide public money as mechanics: how a formula is written, who is obliged to publish what, and on what schedule. The archived piece keeps its original address and date; nothing in the text has been changed for the portal.
A piece written while an outcome was still open is a different document from one written after it closed, and that is the reason to keep it unedited. What it records is a professional consensus in the act of changing, including the parts that later looked wrong. The portal’s policy material handles government through its paperwork instead, on the grounds that a published formula can be checked by anyone. The entry below keeps its address, its date and its author’s name.


Every once in a while a pitch comes along that looks like the sweetest, juiciest, fattest pitch you are ever going to see. That is what you wait for.