Who’s Really Downgrading America?

By Patrick J. BuchananThe decision by Standard & Poor's to strip the United States of its AAA credit rating, for the first time, has triggered a barrage of catcalls against the umpire from the press box and Obamaites.S&P, we are reminded, was giving A ratings to banks like Lehman Brothers, whose books were stuffed with suspect subprime paper, right up to the day Lehman Brothers fell over Continue reading...

The Day of the Hobbits

By Patrick J. BuchananMocked by The Wall Street Journal and Sen. John McCain as the little people of the "Lord of the Rings" books, the tea party "Hobbits" are indeed returning to Middle Earth -- to nail the coonskin to the wall.As even the Journal concedes, the final deal to raise the debt ceiling, worked out by Sen. Mitch McConnell and Barack Obama, backed by Speaker John Boehner, is Continue reading...

What “Big Deals” Did to America

By Patrick J. BuchananThanks to Tea Party fanatics, we are told, America just lost an historic opportunity to deal with her national debt.Because of Tea Party intransigence and threats against their own leader John Boehner, the speaker had to reject Obama's "grand bargain," the "big deal" of $3 trillion in budget cuts for $1 trillion in "revenue enhancement."These crazed ideologues, Continue reading...

Is a Tea Party Triumph at Hand?

By Patrick J. BuchananThey were called "terrorists," "fanatics" and "unpatriotic."Yet the principled resistance of the Tea Party Caucus in the House has put their leader right across the table from Barack Obama to negotiate the final terms of armistice in the debt-ceiling battle of 2011.Today is July 22. On this day, it was said, either Congress will have voted to raise the debt Continue reading...

Fed Up With Freeloaders

By Patrick J. Buchanan"The most successful alliance in history," it was called at the end of the Cold War in which NATO, for 40 years, deterred the Red Army from overrunning Berlin or crashing through West Germany to the Channel.And when that Cold War was over, Sen. Richard Lugar famously said, "Either NATO goes out of area or goes out of business."In Afghanistan and Libya, NATO went Continue reading...