By Patrick J. Buchanan"The success of a party means little except when the nation is using that party for a large and definite purpose," said Woodrow Wilson in his first inaugural. "No one can mistake the purpose for which the nation now seeks to use the Democratic Party."As with Wilson's Democrats in 1913, so it is with the Republican Party today. It has been called to power for the Continue reading...
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...
Yankee Utopians in a Chinese Century
Tuesday - July 6, 2010 at 1:39 am
By Patrick J. BuchananFor those who can yet recall the backyard blast furnaces of Mao's China in the 1950s and the Great Proletarian Cultural Revolution to re-instill peasant values in the 1970s, the news was jarring.In 2011, said the Financial Times, China will surpass the United States as first manufacturing power, a title America has held since surpassing Great Britain around Continue reading...
Will the PIGS Blow Up Europe?
Tuesday - May 18, 2010 at 8:56 am
By Patrick J. Buchanan“Among the mega-forces moving the tectonic plates and imperiling the nation-states of the world from above and below are these:First, ethno-nationalism, which threatens nations with secession and break-up. We see it in the Uighurs of China, the Naga of India, the Baluch of Iran and Pakistan, the Kurds of Iran, Syria, Iraq and Turkey, the Chechens of the Russian Continue reading...
The End of La Dolce Vita
Friday - May 7, 2010 at 12:33 am
By Patrick J. BuchananAre Europe and America headed to where Athens is today?To answer the question, consider what brought Greece to where she is -- running a deficit of 14 percent of gross domestic product with a debt approaching 100 percent, with Portugal, Spain, Ireland and Great Britain not that far behind. Continue reading...
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