Is a Bond Crisis Inevitable?

Friday - December 31, 2010 at 1:03 am

By Patrick J. Buchanan With Christmas shoppers out in force and the stock market surging to a two-year high, talk is spreading that the long-awaited recovery is at hand. Perhaps. But gleaning the news from Europe and Asia as U.S. cities, states and the federal government sink into debt, it is difficult to believe a worldwide financial crisis that hammers governments, banks and bondholders Continue reading...

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The Fed Trashes the Dollar

Tuesday - November 16, 2010 at 10:23 pm

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, or "quantitative easing." Translation: The Fed is committed to buy $600 billion in bonds from banks and Continue reading...

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Obama’s Problems — and Ours

Sunday - February 28, 2010 at 11:37 pm

By Patrick J. Buchanan We inherited the worst situation since the Great Depression. That is the reflexive response of President Obama to the troubles from which he has been unable to extract his country. Even before the inauguration, he says, there were projections of a $1.2 trillion deficit for 2009. That deficit is not my deficit. Continue reading...

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Saving Professor Bernanke

Tuesday - January 26, 2010 at 12:52 am

By Patrick J. Buchanan "Elections don't matter!" conservatives have long groused. "No matter who you vote for, things never change." Well, we may have an exception here. Scott Brown told Massachusetts' voters if they elected him to what David Gergen calls "the Kennedy seat" in the Senate, he would go to Washington and run a sword through Obamacare. Continue reading...

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Fat City

Tuesday - December 15, 2009 at 1:11 am

By Patrick J. Buchanan "It's time to stop worrying about the deficit -- and start panicking about the debt," the Washington Post editorial began. "The fiscal situation was serious before the recession. It is now dire." Continue reading...

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Ron Paul’s Hour of Power

Friday - December 11, 2009 at 1:12 am

By Patrick J. Buchanan The decades-long campaign of Ron Paul to have the Government Accountability Office do a full audit of the Federal Reserve now has 313 sponsors in the House. Continue reading...

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Fatal Flaw of Democracies

Tuesday - August 25, 2009 at 1:59 am

by Patrick J. Buchanan "We just can't afford it!" Not long ago, every America child heard that, at one time or another, in the home in which he or she was raised. "We just can't afford it!" It may have been a new car, or two weeks at the beach, or the new flat-panel TV screen. Continue reading...

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