France, Israel and Saudi Arabia confront an administration conducting a make-believe foreign policy. When the history of the Obama administration's foreign policy is written 20 or so years from now, the career of Wendy Sherman, our chief nuclear negotiator with Iran, will be instructive. In 1988, the former social worker ran the Washington office of the Dukakis campaign and worked at the Democratic National Committee. That was the year the Massachusetts governor carried 111 electoral votes to George H.W. Bush's 426. In the mid-1990s, Ms. Sherman was briefly the CEO of something called the Fannie Mae Foundation, supposedly a charity...