The Day of the Hobbits

Tuesday - August 2, 2011 at 10:18 pm

By Patrick J. Buchanan Mocked 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...

Filed Under: Columns Tagged With: , , , , , , , , , , , ,

Black America vs. Obama?

Monday - July 11, 2011 at 11:47 pm

By Patrick J. Buchanan "The Disappearing Black Middle Class" ran the headline over the Chicago Sun-Times story. And the statistics from the Economic Policy Institute were indeed sobering. In 2007, best year of the Bush era, white households had a median net worth of $134,280, compared with $13,450 for black households. By 2009, the median net worth for white households had fallen 24 Continue reading...

Filed Under: Columns Tagged With: , , , , , , , , , ,

Is a U.S. Default Inevitable?

Friday - January 15, 2010 at 12:35 am

By Patrick J. Buchanan We were blindsided. We never saw it coming. So said Goldman Sachs CEO Lloyd Blankfein of the financial crisis of 2008. He likened its probability to four hurricanes hitting the East Coast in a single season. Continue reading...

Filed Under: Columns Tagged With: , ,

The Party’s Over

Friday - September 19, 2008 at 12:41 am

By Patrick J. Buchanan The Crash of 2008, which is now wiping out trillions of dollars of our people's wealth, is, like the Crash of 1929, likely to mark the end of one era and the onset of another. The new era will see a more sober and much diminished America. The "Omnipower" and "Indispensable Nation" we heard about in all the hubris and braggadocio following our Cold War victory is Continue reading...

Filed Under: Columns Tagged With: , , ,