Who’s Really Downgrading America?

Monday - August 8, 2011 at 11:44 pm

By Patrick J. BuchananThe 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...

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Fiscal Hawks vs. Security Hawks

Friday - August 5, 2011 at 1:04 am

By Patrick J. BuchananThe 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...

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Obama’s Dilemma — and Ours

Friday - June 10, 2011 at 8:54 am

By Patrick J. BuchananSeventy-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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Obama in a Dream World

Thursday - June 2, 2011 at 10:56 pm

By Patrick J. BuchananAt the G-8 summit in Deauville, France, the news was dramatic, delivered by Nicolas Sarkozy of France and Barack Obama.To sustain the Arab Spring, America, Europe and Japan will provide $40 billion in fresh foreign aid for Arab nations that take the democratic path.The $40 billion breaks down thus: $10 billion from the G-8, $10 billion from the Gulf Arabs, and $20 Continue reading...

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The Fed Trashes the Dollar

Tuesday - November 16, 2010 at 10:23 pm

By Patrick J. BuchananIf it is the first responsibility of the Federal Reserve to protect the dollars that Americans earn and save, is it not dereliction of duty for the Fed to pursue a policy to bleed value from those dollars? For that is what Chairman Ben Bernanke is up to with his QE2, or "quantitative easing."Translation: The Fed is committed to buy $600 billion in bonds from banks and Continue reading...

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