Marx’s quip about history repeating itself first as tragedy, then as farce seems especially applicable to today’s news. After going through the entire Joe Wilson/Valerie Plame psychodrama about African yellowcake, we now hear that Zimbabwe plans to sell Iran uranium. For all the anger at Bush’s budget deficits, a single month of Obama’s red ink now equals federal borrowing for the entire 2007 budget year. A better way of looking at it might be in terms of the Democrats’ offer to cut $6 billion from the annual budget — or 1/37th of what the U.S. Treasury is now borrowing each month.