By Patrick J. Buchanan Social Security is a "Ponzi scheme for these young people," said Gov. Rick Perry in his first debate as a presidential candidate. "The idea ... that the current program is going to be there for them is a lie." Pressed by the moderator, Perry did not back down. He doubled down, calling Social Security a "monstrous lie to our kids." Is not such language provocative, Continue reading...
Setting Grandma’s Hair on Fire
The View From Martha’s Vineyard
By Patrick J. Buchanan As he and his daughters bicycle around the summer playground of the Northeastern elite, Martha's Vineyard, President Obama is steadily bleeding away both the support of the nation and that of his most loyal constituency. Several times, his approval rating in Gallup's daily tracking poll has sunk to 39 percent, with disapproval reaching 54 percent. Support for his Continue reading...
Who’s Really Downgrading America?
By Patrick J. Buchanan The decision by Standard & Poor's to strip the United States of its AAA credit rating, for the first time, has triggered a barrage of catcalls against the umpire from the press box and Obamaites. S&P, we are reminded, was giving A ratings to banks like Lehman Brothers, whose books were stuffed with suspect subprime paper, right up to the day Lehman Brothers fell over Continue reading...
Fiscal Hawks vs. Security Hawks
By Patrick J. Buchanan The Republican Party is a stool that stands on three legs: social conservatives, economic conservatives and foreign policy conservatives. Yet since Ronald Reagan departed and George W. Bush arrived, that coalition has been under a growing strain that may yet pull it apart and redefine what conservatism means in 21st century America. Is a free-trade globalism that Continue reading...
The Day of the Hobbits
By Patrick J. Buchanan Mocked by The Wall Street Journal and Sen. John McCain as the little people of the "Lord of the Rings" books, the tea party "Hobbits" are indeed returning to Middle Earth -- to nail the coonskin to the wall. As even the Journal concedes, the final deal to raise the debt ceiling, worked out by Sen. Mitch McConnell and Barack Obama, backed by Speaker John Boehner, is Continue reading...
The Long Retreat of Liberalism
By Patrick J. Buchanan Though President Obama has run rings about the Republican Party in the debt-ceiling debate, that party can yet emerge victorious, if it will stick to its guns. Clearly, the Republican strategy was not thought through, when the party chose the debt ceiling as the legislative terrain on which to fight its fiscal war. The president had wanted a clean debt-ceiling Continue reading...
Black America vs. Obama?
By Patrick J. Buchanan "The Disappearing Black Middle Class" ran the headline over the Chicago Sun-Times story. And the statistics from the Economic Policy Institute were indeed sobering. In 2007, best year of the Bush era, white households had a median net worth of $134,280, compared with $13,450 for black households. By 2009, the median net worth for white households had fallen 24 Continue reading...
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