The Shutdown, the Debt Limit and America’s Role in the World

China—America’s biggest creditor—says the paralysis in Washington proves the free market has failed. Turkey’s Prime Minister gloats because US government workers aren’t being paid. Countries that depend on the US for protection wonder if it will be there when they need it. We’ll look at the message the shutdown and the debt-ceiling crisis are sending to the rest of the world. Also, Janet Yellen assumes the head of the Federal Reserve, and why the Higgs boson is the subject of the Nobel Prize.