What Must We Defend?

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 […]

Sputnik Moment — or GM Moment?

By Patrick J. Buchanan What 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 […]

Are the Deficits Forever?

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, […]

The Fed Trashes the Dollar

By Patrick J. Buchanan If 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, […]

Yankee Utopians in a Chinese Century

By Patrick J. Buchanan For 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 […]

Will the PIGS Blow Up Europe?

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, […]