Is a Bond Crisis Inevitable?

By Patrick J. Buchanan With Christmas shoppers out in force and the stock market surging to a two-year high, talk is spreading that the long-awaited recovery is at hand. Perhaps. But gleaning the news from Europe and Asia as U.S. cities, states and the federal government sink into debt, it is difficult to believe a worldwide financial crisis that hammers governments, banks and bondholders Continue reading...

Who Owns the Future?

By Patrick J. Buchanan "That speaks about who is going to be leading tomorrow." So said Angel Gurria, secretary-general of the Organization for Economic Cooperation and Development. Every three years, the Paris-based OECD holds its Programme for International Student Assessment (PISA) tests of the reading, math and science skills of 15-year-olds in developing and developed countries. Continue reading...

Woody, Haley & The Klan

By Patrick J. Buchanan "In May 1866, a little group of young men in the Tennessee village of Pulaski, finding their time hang heavily on their hands after the excitement of the field, so lately abandoned, formed a secret club for the mere pleasure of association, for private amusement -- for anything that might break the monotony of the too quiet place, as their wits might work upon the matter, Continue reading...

Christian Rout in the Culture War

By Patrick J. Buchanan A Democratic Congress, discharged by the voters on Nov. 2, has as one of its last official acts, imposed its San Francisco values on the armed forces of the United States. "Don't ask, don't tell" is to be repealed. Open homosexuals are to be welcomed with open arms in all branches of the armed services. Let us hope this works out better for the Marine Corps than it Continue reading...

Is This Our America Anymore?

By Patrick J. Buchanan Buried in the Oct. 30 Washington Post was a bland headline: "Report Points to Faster Recovery in Jobs for Immigrants." The story, however, contained social dynamite that explains the rage of Americans who are smeared as nativists and xenophobes for demanding a timeout on immigration. In the April-May-June quarter, foreign-born workers in the U.S. gained 656,000 Continue reading...

Can Democracy Cope?

By Patrick J. Buchanan For those who have read about or vaguely remember the stolid British tribe of Dunkirk, the Battle of Britain and the Blitz, which held out in its "finest hour," last week brought a disgusting sight. Mobs in Parliament Square set fire to the statue of 19th century statesman Lord Palmerston and urinated on the statue of Winston Churchill. Pink Floyd's kid was swinging by Continue reading...

The Making of a President

By Patrick J. Buchanan If the Pelosi-Reid liberals are in a hissy fit over the tax-cut deal negotiated by Barack Obama, they have only themselves to blame. With their three-to-two majorities, Nancy Pelosi and Harry Reid could have forced the Republicans to vote again and again during the election for "tax cuts for the rich." They never did. Now, what else could Obama do after his own Continue reading...