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 1919 classic, "The Economic Consequences of the Continue reading...
Why Are We Baiting the Bear?
Monday - August 22, 2011 at 11:51 pm
By Patrick J. BuchananIs the Senate trying to reignite the Cold War?If so, it is going about it the right way.Before departing for a five-week vacation, the Senate voted to declare Abkhazia and South Ossetia to be provinces of Georgia illegally occupied by Russian troops who must get out and return to Russia.The Senate voice vote was unanimous.What is wrong with Senate Continue reading...
Mitt’s Dilemma
Tuesday - August 16, 2011 at 12:33 am
By Patrick J. BuchananLast 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 60 percent of the votes cast, were both among the two dozen House Continue reading...
Fiscal Hawks vs. Security Hawks
Friday - August 5, 2011 at 1:04 am
By Patrick J. BuchananThe Republican Party is a stool that stands on three legs: social conservatives, economic conservatives and foreign policy conservatives.Yet since Ronald Reagan departed and George W. Bush arrived, that coalition has been under a growing strain that may yet pull it apart and redefine what conservatism means in 21st century America.Is a free-trade globalism that Continue reading...
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