Who’s Really Downgrading America?


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By Patrick J. Buchanan The decision by Standard & Poor’s to strip the United States of its AAA credit rating, for the first time, has triggered a barrage of catcalls against the umpire from the press box and Obamaites. S&P, we are reminded, was giving A ratings to banks like Lehman Brothers, whose books were […]

The Day of the Hobbits


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By Patrick J. Buchanan Mocked by The Wall Street Journal and Sen. John McCain as the little people of the “Lord of the Rings” books, the tea party “Hobbits” are indeed returning to Middle Earth — to nail the coonskin to the wall. As even the Journal concedes, the final deal to raise the debt […]

Is a Tea Party Triumph at Hand?


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By Patrick J. Buchanan They were called “terrorists,” “fanatics” and “unpatriotic.” Yet the principled resistance of the Tea Party Caucus in the House has put their leader right across the table from Barack Obama to negotiate the final terms of armistice in the debt-ceiling battle of 2011. Today is July 22. On this day, it […]

The Long Retreat of Liberalism


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By Patrick J. Buchanan Though President Obama has run rings about the Republican Party in the debt-ceiling debate, that party can yet emerge victorious, if it will stick to its guns. Clearly, the Republican strategy was not thought through, when the party chose the debt ceiling as the legislative terrain on which to fight its […]

An Establishment in Panic


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By Patrick J. Buchanan By refusing to accept tax increases in a deal to raise the debt ceiling, Republicans are behaving like “fanatics,” writes David Brooks of The New York Times. Anti-tax Republicans “have no sense of moral decency,” he adds. They are “willing to stain their nation’s honor” to “worship their idol.” If this […]

Is a U.S. Default Inevitable?


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By Patrick J. Buchanan As 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 […]

Fed Up With Freeloaders


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By Patrick J. Buchanan “The most successful alliance in history,” it was called at the end of the Cold War in which NATO, for 40 years, deterred the Red Army from overrunning Berlin or crashing through West Germany to the Channel. And when that Cold War was over, Sen. Richard Lugar famously said, “Either NATO […]