By Patrick J. Buchanan President Obama is in a dilemma from which there appears to be no easy or early escape. Democrats are the Party of Government. They feed it, and it feeds them. The larger government grows, the more agencies that are created, the more bureaucrats who are hired, the more people who become beneficiaries, the more deeply entrenched in power the Party of Government becomes. Continue reading...
Is a U.S. Default Inevitable?
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...
Another God That Failed
By Patrick J. Buchanan "America is Losing the Free World," was the arresting headline over the Financial Times column by Gideon Rachman. His thesis: The largest democracies of South America, Africa, the Middle East and Asia -- Brazil, South Africa, Turkey, India -- are all moving out of America's orbit. "(T)he assumption that the democracies would stick together is proving unfounded." Continue reading...
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