IT MAY NOT have been Churchill’s Fulton speech, but President Putin’s harsh rebuke to Pax America in Munich on February 10, seems to have struck a raw nerve in Washington.

Said the Russian President: “It is a world in which there is one master, one sovereign. And at the end of the day, this is pernicious not only for all those within this system, but also for the sovereign because it destroys itself from within.” Ominously, Putin added: “But do we have the means to counter these threats? Certainly we do.”