"Iranian President Mahmoud Ahmadinejad and Venezuela's Hugo Chavez lavished each other with praise on Monday, mocked U.S. disapproval and joked about having an atomic bomb at their disposal."
Global Military Spending, 2008
"As for our potential great power rivals—Russia and China—we would have no good reason to fight a war with either in the foreseeable future if we did not guarantee the security of their neighbors. Both lag far behind us in military capability. That would remain the case even with the reductions proposed here. ... As it stands today, the United States spends about five times more on defense than those states collectively. We account for nearly 50 percent of all military spending; our allies and potential strategic partners contribute much of the rest. (See Figure 2.)"