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Last March, when the Obama administration's outreach to Russia was still in its embryonic stages, America's chief diplomat made a major gaffe. Meeting in Geneva with her Russian counterpart, Foreign Minister Sergei Lavrov, Secretary of State Hillary Clinton presented him with a symbolic red button, meant to signify the "reset" of bilateral relations publicly being advocated by the new president. But the button was mislabeled; in a glaring error of translation, it boasted the label peregruzka (overload), rather than perezagruzka (reload). Both Clinton and Lavrov were quick to laugh off the incident, but a serious message had inadvertently been sent: that the Obama administration was woefully out of its depth on foreign affairs.

That unfortunate episode sprang to mind last month, when Presidents Obama and Medvedev announced that work on a successor to the now-defunct 1991 Strategic Arms Reduction Treaty (START) had been concluded. Details of the deal--predictably named "New START"--have now been made public, and they confirm that the latest exercise in U.S.-Russian arms control is flawed on at least three fronts.

At the heart of President Obama's nuclear weapons policy lies a key assumption - that Iran, North Korea and other "rogue" states are susceptible to threats of isolation and tempted by global acceptance.

He may be right - and I hope he is - but history offers compelling evidence to the contrary.