A Conspiracy of Counterfeiters

By Patrick J. Buchanan"Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.""Lenin was certainly right," John Maynard Keynes continued in his 1919 classic, "The Economic Consequences of the Continue reading...

Obama’s Race-Based Spoils System

By Patrick J. BuchananChester Arthur was a most unlikely reformer.A crucial cog in the political machine of the Empire State's Sen. Roscoe Conkling, he was named by President Grant to the powerful and lucrative post of collector of customs for the Port of New York.Arthur was removed in 1878 by President Rutherford B. Hayes, who wanted to clean up the federal patronage system. But when Continue reading...

Why Are We Baiting the Bear?

By Patrick J. BuchananIs the Senate trying to reignite the Cold War?If so, it is going about it the right way.Before departing for a five-week vacation, the Senate voted to declare Abkhazia and South Ossetia to be provinces of Georgia illegally occupied by Russian troops who must get out and return to Russia.The Senate voice vote was unanimous.What is wrong with Senate Continue reading...

The View From Martha’s Vineyard

By Patrick J. BuchananAs he and his daughters bicycle around the summer playground of the Northeastern elite, Martha's Vineyard, President Obama is steadily bleeding away both the support of the nation and that of his most loyal constituency.Several times, his approval rating in Gallup's daily tracking poll has sunk to 39 percent, with disapproval reaching 54 percent. Support for his Continue reading...

Mitt’s Dilemma

By Patrick J. BuchananLast week's Republican debate at Ames, Iowa, and the straw poll Saturday did more than sort out the Republican field for 2012.They have given the nation a good close look at a Republican Party that no longer resembles the Bush-McCain model.Consider. Michele Bachmann and Ron Paul, who garnered nearly 60 percent of the votes cast, were both among the two dozen House Continue reading...