THE PLANK JUNE 18, 2007
A few months ago Warren Buffet did something pretty cool: Seeing that world governments are doing a feeble job of stopping nuclear proliferation, he offered to pony up $50 million of his own cash (via Sam Nunn's Nuclear Threat Initiative) to fund an international nuclear fuel bank--a longstanding proposal for discouraging proliferators that has never gotten off the ground.
Buffett's money came with a condition, however: It had to be matched by an additional $100 million in government funds or he'll withdraw it. Today the House approved a $50 million U.S. contribution to the fund. Where the other $50 million might come from isn't clear (I nominate Pakistan, as penance for A.Q Khan) but it's a start.
P.S. Those interested in this stuff should catch Sam Nunn on Charlie Rose tonight.