By Patrick J. Buchanan As Greece lurches on the precipice of default on its sovereign debt, a default that could bring down banks across Europe and precipitate a global financial panic, a consensus is building that there is but one way out. First, a structured default on the Greek debt, giving creditors a major haircut, but compensating them with eurobonds of half the face value of the Greek Continue reading...
Is the Window Closing on Israel?
Friday - September 23, 2011 at 2:18 am
By Patrick J. Buchanan In June 1967, with ex-Vice President Richard Nixon, this writer toured an Israeli military hospital full of wounded Egyptian soldiers. An Israeli officer told us that in the hospital was an Egyptian officer he had captured in the 1956 Sinai campaign, and that he had asked the Egyptian: "We have fought three times now, and three times you have been defeated. Why do you Continue reading...
What 9/11 Wrought: The Bush Legacy
Friday - September 9, 2011 at 12:25 am
By Patrick J. Buchanan In Cairo in 1943, when the tide had turned in the war on Adolf Hitler, Winston Churchill, who had embraced Joseph Stalin as an ally and acceded to his every demand, had a premonition. Conversing with Harold Macmillan, Churchill blurted: "Cromwell was a great man, wasn't he?" "Yes, sir, a very great man," Macmillan replied. "Ah, but he made one terrible Continue reading...
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