How the Peso Plug Was Pulled

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After one of his great reforms had miscarried, Britain’s Whig Prime Minister Lord Melbourne exploded: “Nothing that the wise men promised has happened, and everything the damn fools said would happen has come to pass!” Well, it sure looks like the “damn fools” were right on the North American Free …

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Foreign Aid: Ever With Us

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As for that $5 billion we send Israel and Egypt every year, it is more money than Ronald Reagan ever spent, in any single year, for SDI, a missile defense for the U.S. If national security is our concern, would it not make more sense to shift that $5 billion …

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The Isolationist Myth

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High among the falsehoods is that ‘free trade’ made America prosperous and protectionism always made her poor… Poor Smoot and Hawley. They get it every time. During the closing hours of GATT debate, their names were everywhere: Reed Smoot and Willis Hawley, architects of that dreadful, ruinous tariff bill of …

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Clinton’s GOP Vanguard

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GATT is the Magna Carta of the Multinationals. It subordinates everything, from U.S. sovereignty to social stability, to trade. GATT empowers transnational companies to shut down U.S. plants, move factories overseas, hire foreign workers at 10 percent of the U.S. pay, and ship their products back here…..What we gain as …

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States Rights Rebellion

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by Patrick J. Buchanan – July 23, 1994 Western states — fed up with despotism — are attempting a rollback of federal power… Once again, the spirit of John C. Calhoun stalks the land. “The powers not delegated to the United States by the Constitution, nor prohibited by it to …

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Revolt Brewing Among Middle Americans

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NAFTA is….a giant step toward a new world order… Sometime, just after the Persian Gulf war pushed Mr. Bush’s approval rating above 90 percent, the United States crossed a political equator, entering a new political era, the distinguishing feature of which is a radicalized middle class. Kevin Phillips saw it …

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The Shape of Things to Come

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– August 1993 The GOP is split. And the new divisions reflect the party’s growing reluctance to remain identified with, or wedded to, the old Cold War agenda of globalism, interventionism and multilateralism. On the mega-issues, it’s remarkable how the Republican Party is changing. Consider: INTERNATIONALISM VS. AMERICA FIRST Three …

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