Rendering Unto Caesar

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by Patrick J. Buchanan At the request of the White House, Georgetown University covered up all the symbols in Gaston Hall, before the Great Man spoke, including IHS, the millennia-old monogram for the name of Jesus Christ. Ignatius of Loyola, founder of the Society of Jesus, had adopted the monogram …

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Why Europe Won’t Fight

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“No one will say this publicly, but the true fact is we are all talking about our exit strategy from Afghanistan. We are getting out. It may take a couple of years, but we are all looking to get out.” Thus did a “senior European diplomat” confide to The New …

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March Madness, 1939

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On Sept. 1, 1939, Hitler’s panzers smashed into Poland. Two days later, an anguished Neville Chamberlain declared war, the most awful war in all of history. Was the war inevitable? No. No war is inevitable until it has begun. Was it a necessary war? Hearken to Churchill: “One day, President …

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Should We Kill the Fed?

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For the financial crisis that has wiped out trillions in wealth, many have felt the lash of public outrage. Fannie and Freddie. The idiot-bankers. The AIG bonus babies. The Bush Republicans and Barney Frank Democrats who bullied banks into making mortgages to minorities who could not afford the houses they …

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Can Uncle Sam Ever Let Go?

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“In 1877, Lord Salisbury, commenting on Great Britain’s policy on the Eastern Question, noted that ‘the commonest error in politics is sticking to the carcass of dead policies.’ “Salisbury was bemoaning the fact that many influential members of the British ruling class could not recognize that history had moved on; …

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The Weimar Solution

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“The best way to destroy the capitalist system is to debauch the currency,” said Lord Keynes. Ben Bernanke disagrees. A student of the Depression, the Fed chair appears far more fearful of deflation — a vicious cycle of falling prices, debt defaults, home foreclosures and rising unemployment. Deflation is what …

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Systemic Failure

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As the U.S. financial crisis broadens and deepens, wiping out the wealth and savings of tens of millions, destroying hopes and dreams, it is hard not to see in all of this history’s verdict upon this generation. We have been weighed in the balance and found wanting. For how did …

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Of Patriots and Assassins

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During Nixon’s historic trip to China in 1972, his interpreter and I, free for a few hours, conscripted a driver to take us on a tour of Beijing. Somewhere in my files are photos from that day we toured the grim city of Chairman Mao in the time of the …

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