By Patrick J. Buchanan San Bernardino, Calif., has now followed Stockton into bankruptcy. Harrisburg and Scranton, Pa., and Jefferson County, Ala., home to Birmingham, are already there to welcome them. Detroit has been taken into receivership by Michigan. A plan under discussion is to level a fourth of the city and reconvert it into the pasture and farmland it used to be a century 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...
David Cameron’s Finest Hour
By Patrick J. Buchanan Prime Minister David Cameron's decision to veto Germany's demand for a new European fiscal union will define his premiership. More than that, Cameron has raised a banner for patriots everywhere fighting to retain their national independence. With his no vote on fiscal union, Cameron declared to the EU: "British surrenders of sovereignty come to an end here. And Continue reading...
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