Can This Marriage Last?

By Patrick J. Buchanan Having savaged each other for a year, Barack Obama and Hillary Clinton have now formed a rare partnership in power. Not since James Garfield chose James G. Blaine has a new president chosen his principal rival to be secretary of state. What does this tell us? First, don’t take campaign oratory […]

Will the Terrorists Succeed Again?

By Patrick J. Buchanan Arguably the most successful act of revolutionary terror was the June 1914 assassination of the Archduke Francis Ferdinand in Sarajevo. Believing his mission to murder the heir to the Austrian throne had failed, Gavrilo Princip suddenly found himself standing a few feet away from the royal car. He fired twice, mortally […]

Socialist Republic

By Patrick J. Buchanan Barack Obama and George W. Bush seem to have come away from their study of the Great Depression with similar conclusions: To wit: After the Crash of 1929, the Federal Reserve did not move fast enough to save the banks and inject cash into the economy. Second, the New Deal, far […]

Meeting Medvedev Halfway

By Patrick J. Buchanan The morning after Barack Obama’s election, the congratulatory message from Moscow was in the chilliest tradition of the Cold War. “I hope for constructive dialogue with you,” said Russia’s president, “based on trust and considering each other’s interests.” Dmitry Medvedev went on that day, in his first State of the Union, […]

Who Killed Detroit?

By Patrick J. Buchanan Who killed the U.S. auto industry? To hear the media tell it, arrogant corporate chiefs failed to foresee the demand for small, fuel-efficient cars and made gas-guzzling road-hog SUVs no one wanted, while the clever, far-sighted Japanese, Germans and Koreans prepared and built for the future. I dissent. What killed Detroit […]

As GM Goes, So Goes the GOP

By Patrick J. Buchanan Understandably, Republicans are seething. When Hank Paulson demanded $700 billion to haul away the trash in the dumpsters of JPMorgan Chase and Goldman Sachs — assuring us we could hold a garage sale of the junk — they rebelled. They acted as the nation, by 100 to one, demanded. They killed […]

Bretton Woods II — No Way

By Patrick J. Buchanan “Laissez-faire is finished, the all-powerful market that is always right, that’s finished,” said Nicholas Sarkozy, speaking ex cathedra, last month. As a result, said the diminutive French president, it is “necessary to rebuild the entire global financial and monetary system from the bottom up, the way it was done at Bretton […]