By Patrick J. Buchanan “Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” “Lenin was certainly right,” John Maynard Keynes continued in his […]
By Patrick J. Buchanan We can thank Providence that the earthquake was not 150 miles closer to Tokyo, else Japan’s dead might number in the millions. Prime Minister Naoto Kan calls it the worst crisis since World War II. Yet, horrendous as it is, it does not, thus far, compare with that. For the earthquake […]
By Patrick J. Buchanan This writer was 11 years old when the shocking news came on June 25, 1950, that North Korean armies had crossed the DMZ. Within days, Seoul had fallen. Routed U.S. and Republic of Korea troops were retreating toward an enclave in the southeast corner of the peninsula that came to be […]
By Patrick J. Buchanan A month after Germany surrendered in May 1945, America’s eyes turned to the Far East, where the bloodiest battle of the Pacific war was joined on the island of Okinawa.
By Patrick J. Buchanan “This state visit is … a terrible mistake,” said Rep. Eliot Engel, chairman of the House Subcommittee on the Western Hemisphere.
By Patrick J. Buchanan When America is about to throw an ally to the wolves, we follow an established ritual. We discover that the man we supported was never really morally fit to be a friend or partner of the United States.
By Patrick J. Buchanan “I’ve abandoned free-market principles to save the free-market system,” President Bush told CNN, defending his offer of $17 billion in loans to the Big Three “to make sure the economy doesn’t collapse.” Thus did Bush concede that protectionism, if a critical U.S. industry is in peril, must trump free-trade ideology. For […]
by Patrick J. Buchanan The American Conservative Magazine On reading George W. Bush’s discourse to the New York Economic Club last week, Cicero’s insight came to mind: “To be ignorant of what occurred before you were born is to remain always a child.” With the Iraq War entering its sixth year, the dollar sinking to […]
by Patrick J. Buchanan If there was any doubt North Korea had mastered the capacity to build nuclear bombs, it has been removed. We have clarity. The effect of North Korea‘s forced entry into the nuclear club, joining the United States, Russia, Britain, China, France, Israel, India and Pakistan, may be as far-reaching as was […]