Many people are talking about Newsweek's cover story - Hit the Road Barack (Niall Ferguson: Obama's Gotta Go). Excellent argument by Ferguson that we are not so much faced with a decision of style vs substance as the choice a parent has with a sick child with a high fever choosing to continue with an acupuncture-type cure or actually get the doctor to prescribe antibiotics.
I've been a fan of Ferguson since reading his Ascent of Money. If you have a chance - watch Ferguson on a panel discussing what has happened to the American Dream. Ferguson by far outshines the other notable panelists.
I also highly recommend Niall Ferguson's 6 Killer Apps of Prosperity.