It's obvious that the West won the Cold War and that the chief beneficiaries are the previously oppressed population of the hard-line Communist States. One can easily draw an analogy with WWII after which Germany and Japan reigned supreme among their former enemies, following a painful recovery period. I applaud Russia's attempt to govern the exploitation of their petroleum resources and hope that they are still pumping well after the peak. We need a bumpy plateau, not a cliff.

Re: It's obvious that the West won the Cold War...

Right, my friend, you keep on thinking that...

Since I am interested in history, I like to take the longer view of these political events...

I just watched the 2 hours and it was enthralling. Also the first time in my life any politicians have managed to hold my interest for that long. I felt some Senators tried to hijack the debate a few times but never managed it. They did of course use up precious time.
The other reviews here cover the debate well, however regarding the Cold War, this "we won" thinking by the Americans is the problem, they are not playing from a position of strength, but of weakness. The expert witnesses acknowledged the need for dialogue & diplomacy and the Senators wanted to bomb something. It was as if they were having two different conversations.
Maybe if they let Russia join the WTO it would alleviate some of the tensions. The alternative is probably a re-united USSR.