President Bush gave this talk at the 20th anniversary of the National Endowment for Democracy. This may be his most important foreign policy speech yet. There is much to notice in this speech, not the least of which is how he connects his major points, indeed his purpose, to that of Ronald Reagan. After all, it was under Reagan’s watch that the Democracy project was initiated, and Bush means to carry it through to the Middle East. This is not a two-year project; it will take ten times that long. He is doing nothing less than defining (re-defining, if you like) America’s foreign policy (it’s vision, if you insist!) after 9/11. This is not you run-of-the-mill speech and, clearly, all this merits some study and I’ll get to it next week. For now, I just wanted to put it out so you could note it and file it. In passing let me just say that it will be fun to note the foreign reactions to the speech as well as whether any Democratic candidate for president can possibly come up with anything resembling the comprehensive qualities of this speech and of our purpose. I doubt it; guess we’ll just hear more about multilateralism, but not much on the forward policy of freedom. Too bad.