by Patrick J. Buchanan
Down at the Chinese outlet store in Albany known as Wal-Mart, Chinese tires have so successfully undercut U.S.-made tires that the Cooper Tire factory in that south Georgia town had to shut down.
Twenty-one hundred Georgians lost their jobs.
The tale of Cooper Tire and what it portends is told in last week’s Washington Post by Peter Whoriskey. [As Cheaper Chinese Tires Roll In, Obama Faces an Early Trade Test, September 8, 2009]
By Patrick J. Buchanan
Because of the peril of swine flu, Joe Biden said yesterday, he would urge his family to stay out of “confined places” like airplanes and subways here in the United States.
Yet, the Obama administration will not consider closing the United States to airplanes and buses coming in from the epicenter of the epidemic, Mexico City.
Does this contradiction make sense?
By Patrick J. Buchanan
Standing before the Siegessaule, the Victory Column that commemorates Prussia’s triumphs over Denmark, Austria and France in the wars that birthed the Second Reich, Barack Obama declared himself a “citizen of the world” and spoke of “a world that stands as one.”
Globalists rejoiced. And the election of this son of a white teenager from Kansas and a black academic from Kenya is said to have ushered us into the new “post-racial” age.
By Patrick J. Buchanan
Who killed the U.S. auto industry?
To hear the media tell it, arrogant corporate chiefs failed to foresee the demand for small, fuel-efficient cars and made gas-guzzling road-hog SUVs no one wanted, while the clever, far-sighted Japanese, Germans and Koreans prepared and built for the future.
I dissent. What killed Detroit was Washington, the government of the United States, politicians, journalists and muckrakers who have long harbored a deep animus against the manufacturing class that ran the smokestack industries that won World War II.
By Patrick J. Buchanan
Understandably, Republicans are seething.
When Hank Paulson demanded $700 billion to haul away the trash in the dumpsters of JPMorgan Chase and Goldman Sachs — assuring us we could hold a garage sale of the junk — they rebelled. They acted as the nation, by 100 to one, demanded. They killed the Wall Street bailout.
By Patrick J. Buchanan
“Laissez-faire is finished, the all-powerful market that is always right, that’s finished,” said Nicholas Sarkozy, speaking ex cathedra, last month.
As a result, said the diminutive French president, it is “necessary to rebuild the entire global financial and monetary system from the bottom up, the way it was done at Bretton Woods after World War II.”
By Patrick J. Buchanan
The Crash of 2008, which is now wiping out trillions of dollars of our people’s wealth, is, like the Crash of 1929, likely to mark the end of one era and the onset of another.
The new era will see a more sober and much diminished America. The “Omnipower” and “Indispensable Nation” we heard about in all the hubris and braggadocio following our Cold War victory is history.
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