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 […]

The Religion Card Is Turned Face Up

By Patrick J. Buchanan Is a religious war breaking out in the Republican Party? On Friday, Pastor Robert Jeffress of the 10,000-member First Baptist Church of Dallas took the podium at the Values Voter Summit to introduce and endorse Rick Perry. Gov. Perry, said Pastor Jeffress, is a leader with “a strong commitment to biblical […]

Setting Grandma’s Hair on Fire

By Patrick J. Buchanan Social Security is a “Ponzi scheme for these young people,” said Gov. Rick Perry in his first debate as a presidential candidate. “The idea … that the current program is going to be there for them is a lie.” Pressed by the moderator, Perry did not back down. He doubled down, […]

A Conspiracy of Counterfeiters

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 […]

Mitt’s Dilemma

By Patrick J. Buchanan Last week’s Republican debate at Ames, Iowa, and the straw poll Saturday did more than sort out the Republican field for 2012. They have given the nation a good close look at a Republican Party that no longer resembles the Bush-McCain model. Consider. Michele Bachmann and Ron Paul, who garnered nearly […]