Black America vs. Obama?

Monday - July 11, 2011 at 11:47 pm

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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Is a U.S. Default Inevitable?

Tuesday - July 5, 2011 at 12:39 am

By Patrick J. BuchananAs President Bush prepared to invade Iraq in September 2002, the head of his economic policy council, Lawrence Lindsey publicly estimated such a war could cost $100 billion to $200 billion.Lindsey had committed candor, and the stunned Bushites came down on him with both feet."Baloney," said Donald Rumsfeld. The likely cost would be $60 billion, said Mitch Daniels 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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What Must We Defend?

Tuesday - May 31, 2011 at 10:27 am

By Patrick J. Buchanan"We need to be honest with the president, with the Congress, with the American people" about the consequences of cutting the defense budget, said Secretary of Defense Robert Gates in his valedictory policy address to the American Enterprise Institute."(A) smaller military, no matter how superb, will be able to go fewer places and do fewer things."Gates seeks to Continue reading...

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Sputnik Moment — or GM Moment?

Friday - January 28, 2011 at 12:44 am

By Patrick J. BuchananWhat America was to the world in 1950, General Motors was to the nation.It was the largest and most successful company with the largest number of employees. It paid the highest wages and contributed more in taxes than any other company. During World War II, no company had contributed more to the Arsenal of Democracy and America's victory.As one wag said, "For Continue reading...

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