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Day of Reckoning

Day of Reckoning

State of Emergency

State of Emergency
March 31st, 2009

Is Notre Dame Still Catholic?

By Patrick J. Buchanan

By inviting Barack Obama to deliver the commencement address and receive an honorary degree at Notre Dame, the Rev. John Jenkins has polarized the Catholic community nationwide — and raised a question. What does it mean to be a Catholic university in post-Christian America?

Are there truths about faith and morality that are closed to debate at Notre Dame? Or is Notre Dame like London’s Hyde Park, where all ideas and all advocates get a hearing?

March 26th, 2009

Can Uncle Sam Ever Let Go?

By Patrick J. Buchanan

“In 1877, Lord Salisbury, commenting on Great Britain’s policy on the Eastern Question, noted that ‘the commonest error in politics is sticking to the carcass of dead policies.’

“Salisbury was bemoaning the fact that many influential members of the British ruling class could not recognize that history had moved on; they continued to cling to policies and institutions that were relics of another era.”

“Relics of another era” — thus did Stephen Meyer, in Parameters in 2003, begin his essay “Carcass of Dead Policies: The Irrelevance of NATO.”

March 23rd, 2009

The Weimar Solution

By Patrick J. Buchanan

“The best way to destroy the capitalist system is to debauch the currency,” said Lord Keynes.

Ben Bernanke disagrees. A student of the Depression, the Fed chair appears far more fearful of deflation — a vicious cycle of falling prices, debt defaults, home foreclosures and rising unemployment.

Deflation is what America underwent in the 1930s. A Fed-created bubble burst, causing margin calls to go out to stockholders, who ran to their banks that, besieged, collapsed, wiping out a third of our money. As Milton Friedman, who won a Nobel for his thesis that the Federal Reserve caused the Great Depression, told PBS in 2000:

March 20th, 2009

Systemic Failure

By Patrick J. Buchanan

As the U.S. financial crisis broadens and deepens, wiping out the wealth and savings of tens of millions, destroying hopes and dreams, it is hard not to see in all of this history’s verdict upon this generation.

We have been weighed in the balance and found wanting.

For how did this befall us, save through decisions that brushed aside lessons that history and experience had taught our fathers?

It all began with the corruption called sub-prime mortgages.

March 17th, 2009

Of Patriots and Assassins

By Patrick J. Buchanan

During Nixon’s historic trip to China in 1972, his interpreter and I, free for a few hours, conscripted a driver to take us on a tour of Beijing. Somewhere in my files are photos from that day we toured the grim city of Chairman Mao in the time of the Great Proletarian Cultural Revolution.

The interpreter: Charles Freeman — the same Charles Freeman Adm. Dennis Blair chose to chair the National Intelligence Council that prepares National Intelligence Estimates on critical national security issues such as Iran’s nuclear program.

March 16th, 2009

VIDEO: Ron Paul: What If?

March 13th, 2009

A Sellout of Our Unemployed

By Patrick J. Buchanan

By the choices we make we define ourselves. We reveal our biases and beliefs. And so, too, do our institutions.

In writing the $789 billion stimulus bill, Congress revealed that, for all its “Buy American” blather, it does not truly put America first. It does not believe that 10 million jobless Americans, in the country their fathers built, should receive any preference in hiring 12 million to 20 million illegal aliens who broke into this country and owe her no loyalty, allegiance or love.

Is this a slur on the patriotism of some of our congressmen? You betcha.

March 10th, 2009

Lyndon Baines Obama

By Patrick J. Buchanan

It was the winter of conservative discontent.

Barry Goldwater had gotten only 38 percent of the vote, and his party had suffered its worst thrashing since Alf Landon fell to FDR in 1936.

Democrats held 295 House seats, Republicans 140. They held 68 Senate seats to Republicans’ 32, and 33 governors to the GOP’s 17.

Democratic registration was twice that of the GOP. The liberal press was gleefully writing the obituary of “The Party That Lost Its Head.”

March 6th, 2009

Afghanistan South

By Patrick J. Buchanan

Heeding the advice of Gen. David Petraeus, Barack Obama has committed 17,000 more troops to Afghanistan and will keep 50,000 in Iraq after U.S. combat operations end in August 2010.

But are U.S. vital interests more threatened by what happens in Anbar or Helmand than in the war raging along our southern border?

Prediction: After all U.S. troops in Iraq, Afghanistan and Korea have come home, there will be a U.S. army on the Mexican border. For this is where the fate of our republic will be decided, as the fate of Europe will be decided by the millions streaming north from the Maghreb and Middle East, sub-Sahara and South Asia.

March 3rd, 2009

Pitchfork Time

By Patrick J. Buchanan

In his campaign and inaugural address, Barack Obama cast himself as a moderate man seeking common ground with conservatives.

Yet, his budget calls for the radical restructuring of the U.S. economy, a sweeping redistribution of power and wealth to government and Democratic constituencies. It is a declaration of war on the Right.

The real Obama has stood up, and lived up to his ranking as the most left-wing member of the United States Senate.

Barack has no mandate for this. He was even behind McCain when the decisive event that gave him the presidency occurred — the September collapse of Lehman Brothers and the market crash.