Why Did John McCain Lose?

By Patrick J. Buchanan Why did John McCain lose? Let’s start with those “headwinds” into which he was flying. The president of the United States, the leader of his party, was at Nixon-Carter levels of approval, 25 percent, going into Election Day. Sixty-two percent of the nation thought the economy was the No. 1 issue, […]

Liquidating the Empire

By Patrick j. Buchanan “Liquidate labor, liquidate stocks, liquidate the farmers.” So Treasury Secretary Andrew Mellon advised Herbert Hoover in the Great Crash of ’29. Hoover did. And the nation liquidated him — and the Republicans. In the Crash of 2008, 40 percent of stock value has vanished, almost $9 trillion. Some $5 trillion in […]

Can McCain Still Win?

By Patrick J. Buchanan Two weeks after the Republican convention in St. Paul, Minn., John McCain and Sarah Palin were striding forward toward victory. They had erased the eight-point lead Barack Obama had opened up in Denver and watched as one blue state after another moved into the toss-up category. That is ancient history now. […]

An Amnesty for Stupidity

By Patrick J. Buchanan Is it fair that businessmen who fail in neighborhood stores have to close shop and often sell their homes, while Wall Street titans are spared the consequences of monumental stupidity and greed? No, it is not fair. Yet, Treasury’s Hank Paulson may be right. To save the sheep who might have […]