May 15th, 2014
11:53 AM ET

What I'm reading: Nixon's 'Wizard plan'

By Fareed Zakaria

"Now Nixon’s preoccupation, even obsession, after being forced from office was to become a respected figure. It wasn’t for him to live out the rest of his life in disgrace. He was determined to become someone people listened to—a senior statesman, a sage," writes Elizabeth Drew in The Atlantic. "And the best way to be considered a sage, Nixon understood, was to establish one’s credentials as an expert in foreign policy, a man known to world leaders. Domestic policy didn’t cut it the same way: Lectures and articles on education or the environment didn’t attract the Brahmins and the business leaders Nixon wanted to attract, didn’t occupy nearly as much space on the stage. No splashy trips."

"In accordance with the Wizard plan, the former president first would write another memoir (because statesmen wrote memoirs), both to make money and to give his own version of events."

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“The only thing that can genuinely dilute the power of the new Gas OPEC is the opening up of gas supplies in countries all around the world: in Poland, Ukraine, Bulgaria, France, Israel and any other country sitting on top of significant gas deposits,” writes Ezra Levant in the National Post. “The more shale gas that comes online, the less influence that GECF can have on gas prices — and the less they are able to manipulate the world’s gas supply. The freedom that comes with gas independence is just waiting for so many countries to grasp. It’s a future that can happen. But if the anti-fracking lobby succeeds in scaring more countries away from shale, the future of natural gas is going to look like the past. Only, with Russia’s new gas cartel in the mix, rigging supply and prices, it will soon begin to look even worse.”

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“The murky brown smoke that hangs over Beijing and other industrial cities has long presented a health challenge to China,” writes Edmund Newton in the Scientific American. “Unwilling to shut the factories and coal-burning plants that cause pollution, authorities instead are seeking novel solutions. Proposals have included seeding clouds to make rain to wash particulates out of the sky and equipping bicycles with pedal-powered generators that pump fresh air into riders’ helmets. The latest idea comes from Dutch artist Daan Roosegaarde, who hopes to create bubbles of clean air in various pockets around the Beijing.”

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“Though Piketty is right that returns to capital have increased in the last few decades, he is too dismissive of the wide-ranging debate among economists concerning the causes,” argues Ken Rogoff for Project Syndicate. “For example, if the main driver is the massive influx of Asian labor into globalized trade markets, the growth model put forth by the Nobel laureate economist Robert Solow suggests that eventually capital stocks will adjust and the wage rate will rise. Retirements from an aging labor force will eventually drive up wages as well. If, on the other hand, labor’s share of income is falling because of the inexorable rise of automation, downward pressures on that share will continue, as I discussed in the context of artificial intelligence a few years ago.”

“Fortunately, there are much better ways to address rich-country inequality while still fostering long-term growth in demand for products from developing countries.”


soundoff (82 Responses)
  1. FBI Writing Analyst

    seek help, psycho in blue.

    May 15, 2014 at 3:50 pm | Reply
    • FBI Writing Analyst

      I wrote this looking in the mirror.

      May 15, 2014 at 3:51 pm | Reply
  2. RZ

    Get hold of yourself, troll in blue, it's gonna be ok.

    May 15, 2014 at 3:56 pm | Reply
    • RZ

      Although I always have a grip on myself if ya know what I mean. Why doesn't that part ever gain weight? I can barely find it because of my skin apron.

      May 15, 2014 at 4:00 pm | Reply
  3. Jeff Roem in DC by way of Oregon and Idaho

    My therapists hate me. They're out to cure me. Can't have that.

    May 15, 2014 at 3:57 pm | Reply
  4. RZ

    I took RZ's name again. Hahaha.

    May 15, 2014 at 3:58 pm | Reply
  5. RZ

    I'm black and blue. Get it? Haha.

    May 15, 2014 at 3:58 pm | Reply
  6. RZ

    Good God! You've gone mad.

    May 15, 2014 at 3:59 pm | Reply
    • RZ

      Good God! I've gone mad.

      May 15, 2014 at 4:09 pm | Reply
  7. dazzle

    Some people are just plain sick.

    May 15, 2014 at 4:00 pm | Reply
  8. banasy@

    I know dazzle.

    May 15, 2014 at 4:01 pm | Reply
  9. Jeff Roem from DC by way of Oregon and Idaho

    I'm the sickest and I like it that way. I have to be the best.

    May 15, 2014 at 4:04 pm | Reply
  10. dazzle

    Some people cannot be cured no matter how much of their daddy's money they spend trying.

    May 15, 2014 at 4:05 pm | Reply
  11. banasy@

    I know dazzle. I...er...he should probably commit himself in a safe, secure facility.

    May 15, 2014 at 4:08 pm | Reply
  12. Jeff Roem in DC by way of Oregon and Idaho

    Time for my monthly meltdown. Should I sell tickets? Daddy is threatening to cut me off and there's Meow Mix and pizza to buy.

    May 15, 2014 at 4:13 pm | Reply
  13. pinkie

    Cnn should delete sick people's posts. How sad.

    May 15, 2014 at 4:15 pm | Reply
    • pinkie

      I even spell my different troll names wrong.

      May 15, 2014 at 6:11 pm | Reply
  14. chrissy

    I couldnt agree more! But given the fact the person posting all the trash here gets away with saying the effbomb he must be on their payroll eh?

    May 15, 2014 at 5:26 pm | Reply
  15. dazzle

    I see I have two trolls today. You are slipping, the imitation is not good.

    May 15, 2014 at 6:54 pm | Reply
  16. chrissy

    Nah @ dazzle, its just the same old dog and pony show! He just seems to be getting alot more confused these days!

    May 15, 2014 at 7:39 pm | Reply
  17. Contact us.

    Thanks again for your interest, and keep your browser pointed to CNN | The Most Trusted Name in News

    CNN Viewer Services
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    May 15, 2014 at 8:32 pm | Reply
  18. ✠RZ✠

    On the whole, faith in the accuracy of mainstream media is rapidly on the decline. Just 23 per cent of Americans trust the insti tution of television news. From November 2012 to November 2013, MSNBC lost almost half its viewers over the course of just 12 months, shedding 45 per cent of its audience. CNN also lost 48 per cent of its viewers over the same time period. The figures make bad reading not just for the networks and newspapers, but also for the White House given that large portions of the establishment media now serve as little more than regurgitators of the official narrative, routinely failing to challenge the Washington consensus.

    May 15, 2014 at 9:24 pm | Reply
  19. chrissy

    Well to be fair here @ RZ cnn has an infestation problem too! If they would just hire a good exterminator company they just might get some of their readers back!

    May 15, 2014 at 10:46 pm | Reply
  20. chrissy

    Hello. I am from Flint. I just love pepperoni pizza.

    May 15, 2014 at 10:51 pm | Reply
  21. banasy@

    Me too chrissy.

    May 15, 2014 at 10:53 pm | Reply
  22. dazzle

    How nice. I just love pepperoni pizza. Add anchovies to mine please.

    May 15, 2014 at 10:54 pm | Reply
  23. chri§§y

    Lol where the he!! IS that damn exterminator anyway?

    May 15, 2014 at 11:00 pm | Reply
  24. Kenny Rogers

    My God!
    How are my three fine ladies. So nice to see you are still around. Happy belated Mother's Day.
    Chow, sweet apple pies, the three of you. 🙂

    May 15, 2014 at 11:01 pm | Reply
  25. chri§§y

    And however did you come up with that Flint crap anyway??? Ive never lived there. Ive driven thru it a cpl times and that was a cpl too many!

    May 15, 2014 at 11:02 pm | Reply
  26. Kenny Rogers

    Working over time at the plant. Hello chrissy and dazzle. That ain't banasy. Its either rupert or a troll.
    So long ladies.

    May 15, 2014 at 11:11 pm | Reply
    • dazzle

      Dear KR😀You should get some sleep. For your CV I despise anchovies. I'm sure you know this but looking at the posts in Mobile View tells a story, You have the mega troll icon next to your user name.

      May 15, 2014 at 11:39 pm | Reply
  27. chri§§y

    Lol @ kenny it wasnt any of us!

    May 15, 2014 at 11:27 pm | Reply
  28. rupert

    Dear mr. Zakaria,
    First, I think your articles are very good. Thank u.
    Second, please do something about our troll problems. I come here to read and post but some people steal names and act very childish. Please delete them.
    Thank u, sir.
    Respectfully, rupert

    May 16, 2014 at 10:03 am | Reply
  29. chri§§y

    Dear Mr Zakaria, and as you can plainly see by the avatar icons EXACTLY WHO the derpasstroll is please remove HIM permanantly!

    May 16, 2014 at 10:40 am | Reply
  30. chri§§y

    Yea i guess it would probably take a divine intervention or an excorcism to get rid of that beasty derpasstroll wouldnt it?

    May 16, 2014 at 11:52 am | Reply
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