Is it fair that businessmen who fail in neighborhood stores have to close shop and often sell their homes, while Wall Street titans are spared the consequences of monumental stupidity and greed? No, it is not fair. Yet, Treasury’s Hank Paulson may be right. To save the sheep who might …
In July, our trade deficit hit yet another all-time record, $68 billion, an annual rate of $816 billion. Imports surged to $188 billion for the month, as our dependency on foreigners for the vital necessities of our national life ever deepens. China’s trade surplus with us was $19.6 billion for …
Clinton Rossiter begins his classic study of “The American Presidency” by describing the five constitutional functions of the chief executive, such as commander in chief. He goes on to identify five “non-constitutional functions,” beginning with chief of party. In this category, George W. Bush just set the gold standard. In …
“Economic unity and political unity are twins: one cannot be born without the other following,” said Friedrich List, the famed German economist and nationalist. Again and again, history has proven List right. Economic union leads inexorably to political union. The left has always understood this. The right never does, until …
1999: Announcement Speech – Falls Church, Virginia Good morning. Today, I am ending my lifelong membership in the Republican Party, and my campaign for its nomination; and I am declaring my intention to seek the nomination of the Reform Party for the presidency of the United States. This decision was …
Transcript: Thank you, Bruce Springstein, for that tremendous introduction. [cheers]. Now, let me talk–let me talk a little bit–go back into the past and talk about how I first came into this conservative movement. It was back almost 40 years ago; I was a young recruit in the great army …
To any with a nodding acquaintance of history, this nation is taking an incredible gamble. When Spain, Holland, and Britain began to import what they once produced, and rely on finance and trade for their prosperity, not manufacturing and production, terminal decline set in. By 1917, free-trade Britain, blockaded, almost …
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