By Patrick J. Buchanan Departing for New Hampshire in November 2010, Sen. Judd Gregg, the fiscal conservative President Obama wanted in his Cabinet, blurted an inconvenient truth: "This nation is on a course where if we don't do something about it, get ... fiscal policy (under control), we're Greece." The remark was regarded as hyperbole. But Gregg had a point. For though Greece, measured by Continue reading...
We’re All Greeks Now
Obama in a Dream World
By Patrick J. Buchanan At 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...
Barack Hussein Hoover?
By Patrick J. Buchanan Is the world headed for a debt crisis to dwarf the one that befell us in 2008, when Treasury Secretary Hank Paulson stood aside and let Lehman Brothers crash? No one knows for certain. As Yogi Berra said, "it's tough to make predictions, especially about the future." But the probability of a financial crisis increased this week after President Obama's trashing of Continue reading...
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