By Patrick J. Buchanan
Barack Obama and George W. Bush seem to have come away from their study of the Great Depression with similar conclusions:
To wit: After the Crash of 1929, the Federal Reserve did not move fast enough to save the banks and inject cash into the economy. Second, the New Deal, far from being wastrel deficit spending, was not bold enough. So it was that America wallowed in depression for a decade until the unbridled spending and mammoth deficits of World War II pulled us out.
By Patrick J. Buchanan
After losing control of the Senate and 30 House seats in 2006, the GOP is bracing for losses of six to nine in the Senate, and two dozen to three dozen additional seats in the House.
If the party “were a dog food,” says Rep. Tom Davis, “they would take us off the shelf.”
Bush’s approval is 25 percent. Ronald Reagan and Bill Clinton left office with ratings more than twice as high.
By Patrick J. Buchanan
If Barack Obama is not a socialist, he does the best imitation of one I’ve ever seen.
Under his tax plan, the top 5 percent of wage-earners have their income tax rates raised from 35 percent to 40 percent, while the bottom 40 percent of all wage-earners, who pay no income tax, are sent federal checks.
If this is not the socialist redistribution of wealth, what is it?
By Patrick J. Buchanan
Who is Randy Scheunemann?
He is the principal foreign policy adviser to John McCain and potential successor to Henry Kissinger and Zbigniew Brzezinski as national security adviser to the president of the United States.
But Randy Scheunemann has another identity, another role.
He is a dual loyalist, a foreign agent whose assignment is to get America committed to spilling the blood of her sons for client regimes who have made this moral mercenary a rich man.
by Patrick J. Buchanan
The American people should be eternally grateful to Old Europe for having spiked the Bush-McCain plan to bring Georgia into NATO.
Had Georgia been in NATO when Mikheil Saakashvili invaded South Ossetia, we would be eyeball to eyeball with Russia, facing war in the Caucasus, where Moscow’s superiority is as great as U.S. superiority in the Caribbean during the Cuban missile crisis.
By Patrick Buchanan
Mikheil Saakashvili’s decision to use the opening of the Olympic Games to cover Georgia’s invasion of its breakaway province of South Ossetia must rank in stupidity with Gamal Abdel-Nasser’s decision to close the Straits of Tiran to Israeli ships.
Nasser’s blunder cost him the Sinai in the Six-Day War. Saakashvili’s blunder probably means permanent loss of South Ossetia and Abkhazia.
By Patrick Buchanan
In his 1937 “Great Contemporaries,” Winston Churchill wrote, “Whatever else may be thought about (Hitler’s) exploits, they are among the most remarkable in the whole history of the world.”
Churchill was referring not only to Hitler’s political triumphs — the return of the Saar and reoccupation of the Rhineland — but his economic achievements. By his fourth year in power, Hitler had pulled Germany out of the Depression, cut unemployment from 6 million to 1 million, grown the GNP 37 percent and increased auto production from 45,000 vehicles a year to 250,000. City and provincial deficits had vanished.
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