A newly-formed and still obscure neoconservative foreign policy organization is giving some observers flashbacks to the 1990s, when its predecessor staked out the aggressively unilateralist foreign policy that came to fruition under the George W. Bush administration.
The blandly-named Foreign Policy Initiative (FPI) – the brainchild of Weekly Standard editor William Kristol, neoconservative foreign policy guru Robert Kagan, and former Bush administration official Dan Senor – has thus far kept a low profile; its only activity to this point has been to sponsor a conference pushing for a U.S. "surge" in Afghanistan.
PNAC's charter members included many figures who later held top positions under Bush, including Vice President Dick Cheney, Secretary of Defense Donald Rumsfeld, and his top deputy, Paul Wolfowitz.
The U.S. Justice Department has launched a criminal mortgage fraud probe into Federal Reserve Governor Lisa...
