By Patrick J. Buchanan Mitt Romney is today the beneficiary of some desperate counsel from alarmed Republicans on how to escape the snare in which he has found himself. Democrats are charging that Mitt was still chairman and CEO of Bain Capital between 1999 and 2002, when the company was advising some of America's premier outsourcers. The facts are in dispute. But the evidence seems on Continue reading...
Casino Capitalists Playing With Fire
By Patrick J. Buchanan Comes now news from across the pond that executives at one of the world's most respected banks, Barclays, rigged Libor. Even the venerable Bank of England is apparently being investigated. For sports fans, this is like fixing the Super Bowl or doping a horse in the Derby. But it is rather more serious. For the London Interbank Offered Rate is the benchmark interest Continue reading...
Now Korea Is Cleaning Our Clock
By Patrick J. Buchanan "The entry into force of the U.S.-Korea trade agreement on March 15, 2012, means countless new opportunities for U.S. exporters to sell more made-in-America goods, services and agricultural products to Korean customers -- and to support more good jobs here at home." Thus did the Office of the U.S. Trade Representative rhapsodize about the potential of our new trade Continue reading...
Vulture Capitalism or Populist Demagoguery?
By Patrick J. Buchanan "They're vultures that are sitting out there on the tree limb, waiting for a company to get sick, and then they swoop in ... eat the carcass ... and ... leave the skeleton." So Rick Perry colorfully characterized the private equity firm Bain Capital, once run by Mitt Romney. How did Bain prosper? Says Perry: "These companies ... come in and loot the people's Continue reading...
!


