9 April 2013 Where Have All the Workers Gone?

Where Have All the Workers Gone?

Tuesday - April 9, 2013 at 12:07 pm

By Patrick J. Buchanan That America created only 88,000 jobs in March, less than half the number anticipated, was jolting news, indicating the recovery that the White House has boasted about may not be at hand. But in that March jobs report, there was more disturbing news. While unemployment fell to 7.6 percent, the reason it fell is alarming. Half a million U.S. workers (495,000) Continue reading...

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Casino Capitalists Playing With Fire

Tuesday - July 10, 2012 at 2:07 am

By Patrick J. Buchanan Comes now news from across the pond that executives at one of the world's most respected banks, Barclays, rigged Libor. Even the venerable Bank of England is apparently being investigated. For sports fans, this is like fixing the Super Bowl or doping a horse in the Derby. But it is rather more serious. For the London Interbank Offered Rate is the benchmark interest Continue reading...

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Whose Country Is It, Anyway?

Wednesday - September 21, 2011 at 8:29 pm

By Patrick J. Buchanan For the third straight year, the median income of the typical American family fell in 2010. Adjusted for inflation, it is back where it was in 1996, the longest period of zero growth since the Depression. And the poverty rate has inched up to 15.1 percent. Both figures, however, should be put in perspective. For example, a family can be classified as poor and own Continue reading...

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Obama’s Dilemma — and Ours

Friday - June 10, 2011 at 8:54 am

By Patrick J. Buchanan Seventy-one years ago this spring, after the German army had broken through the French lines, British Prime Minister Winston Churchill flew to France to consult his embattled allies on how to stop the advance. "Where is the strategic reserve?" Churchill urgently asked the French commander in chief, Gen. Maurice Gamelin, and then he repeated himself in French: "Ou est Continue reading...

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Barack Hussein Hoover?

Friday - April 22, 2011 at 1:09 am

By Patrick J. Buchanan Is the world headed for a debt crisis to dwarf the one that befell us in 2008, when Treasury Secretary Hank Paulson stood aside and let Lehman Brothers crash? No one knows for certain. As Yogi Berra said, "it's tough to make predictions, especially about the future." But the probability of a financial crisis increased this week after President Obama's trashing of Continue reading...

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Obama Blows up the Bridge

Friday - April 15, 2011 at 2:00 am

By Patrick J. Buchanan "Rather than building bridges, he's poisoning wells," said Rep. Paul Ryan, after listening to Barack Obama's scathing attack on his deficit reduction plan as a shredding of America's social contract with the elderly and poor. Ryan is right. Yet, with Obama's partisan savagery, virtually calling the GOP plan immoral, we have clarity. There will be no grand bipartisan Continue reading...

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The Weimar Solution

Monday - March 23, 2009 at 11:58 pm

By Patrick J. Buchanan "The best way to destroy the capitalist system is to debauch the currency," said Lord Keynes. Ben Bernanke disagrees. A student of the Depression, the Fed chair appears far more fearful of deflation -- a vicious cycle of falling prices, debt defaults, home foreclosures and rising unemployment. Deflation is what America underwent in the 1930s. A Fed-created bubble Continue reading...

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