This has been bandied about for years, and it appears President Obama is dead-set on making it happen.

FORBES: President Obama Releases Agenda For A Potential Second Term: Dissecting the Tax Aspects

This cavalcade of debilitating financial developments must clearly render "dead-on-arrival" any further attempt by President Bush to certify that the former Soviet Union is creditworthy and thus eligible for additional U.S. taxpayer-underwritten credit guarantees or investment insurance (read, Overseas Private Investment Corporation coverage).

CENTERFORSECURITYPOLICY: Center For Security Policy

In other words, on North Korea, President Obama has so far been treading the same dead-end diplomatic road followed by Presidents Clinton and Bush.

FORBES: Freedom's Edge