Who Killed the Middle Class?

Who Killed the Middle Class?

By Patrick J. Buchanan "It is our generation's task, then, to reignite the true engine of America's economic growth -- a rising, thriving middle class." So said Barack Obama in his State of the Union. And for one of his ideas to reignite that engine, Republicans applauded. "And tonight, I am announcing that we will launch talks on a comprehensive Transatlantic Trade and Investment Continue reading...

The Fall of the House of Labor

The Fall of the House of Labor

By Patrick J. Buchanan In 1958, Senate Minority Leader William Knowland, his eye on the 1960 GOP nomination coveted by fellow Californian Richard Nixon, went home and declared for governor. Knowland's plan: Ride to victory on the back of Proposition 18, the initiative to make right-to-work the law in the Golden Land. Prop. 18 was rejected 2 to 1. Knowland's career was over, and the Continue reading...

Is the GOP Headed for the Boneyard?

Is the GOP Headed for the Boneyard?

By Patrick J. Buchanan After its second defeat at the hands of Barack Obama, under whom unemployment has never been lower than the day George W. Bush left office, the Republican Party has at last awakened to its existential crisis. Eighteen states have voted Democratic in six straight elections. Among the six are four of our most populous: New York, Pennsylvania, Illinois and California. And Continue reading...

The Chickens of Globalization Come Home to Roost

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...

Is the New World Order Unraveling?

By Patrick J. Buchanan With Greece on the precipice of default, and Portugal and Italy approaching the ledge, the European monetary union appears in peril. Should it collapse, the European Union itself could be in danger, for economic nationalism is rising in Europe. Which raises a larger question. Is the New World Order, the great 20th century project of Western transnational elites, Continue reading...