By Patrick J. Buchanan We inherited the worst situation since the Great Depression. That is the reflexive response of President Obama to the troubles from which he has been unable to extract his country. Even before the inauguration, he says, there were projections of a $1.2 trillion deficit for 2009. That deficit is not my […]
By Patrick J. Buchanan A decade ago, Oldsmobile went. Last year, Pontiac. Saturn, Saab and Hummer were discontinued. A thousand GM dealerships shut down. To those who grew up in a “GM family,” where buying a Chrysler was like converting to Islam, what happened to GM was deeply saddening. Yet the amputations had to be […]
By Patrick J. Buchanan “I used to think it would take a great financial crisis to get both parties to the table, but we just had one,” said G. William Hoagland, a former adviser to the Senate Republican leadership on fiscal policy. “These days, I wonder if this country is even governable.” Quoted in The […]
By Patrick J. Buchanan Did Robert Gibbs let the cat out of the bag? Last week, Mahmoud Ahmadinejad told the world that Iran, unable to get fuel rods from the West for its U.S.-built reactor, which makes medical isotopes, had begun to enrich its own uranium to 20 percent.
By Patrick J. Buchanan No, it is not 1860 again. But with all the talk of the 10th Amendment, nullification and interposition, states rights and secession — following Gov. Rick Perry’s misstatement that Texas, on entering the Union in 1845, reserved in its constitution a right to secede — one might think so.
By Patrick J. Buchanan They are called the PIGS — Portugal, Ireland, Greece, Spain. What they have in common is that all are facing deficits and debts that could bring on national defaults and break up the European Union. What brought the PIGS to the edge of the abyss?