by Patrick J. Buchanan In Year One of the Reagan Revolution, in which he was a shining star, Budget Director David Stockman told reporter William Greider: “Kemp-Roth (President Reagan’s 1981 tax cut) was always a Trojan horse to bring down the top rate. … It’s kind of hard to sell …
“The narrative … has been too negative.” So says Defense Secretary Robert Gates of political and press commentary about the war in Afghanistan. It reminds him of the pessimism of June 2007, before the Iraqi surge began to succeed, said Gates. But the narrative is coming now not just from …
“A chorus of black commentators and civic leaders has begun expressing frustration over (Elena) Kagan’s hiring record as Harvard dean. From 2003 to 2009, 29 faculty members were hired: 28 were white and one was Asian American.”
CNN pundit Roland Martin slammed “Kagan’s record on diversity as one that a ‘white Republican U.S. president’ would be criticized for.”
“Thank you, Hu Jintao, and thank you, China,” said Hugo Chavez, as he announced a $20 billion loan from Beijing, to be repaid in Venezuelan oil. The Chinese just threw Chavez a life-preserver. For Venezuela is reeling from 25 percent inflation, government-induced blackouts to cope with energy shortages and an …
“Anti-Catholicism,” said writer Peter Viereck, “is the anti-Semitism of the intellectual.” It is “the deepest-held bias in the history of the American people,” said Arthur Schlesinger Sr.
Actually, Joe set himself up. From the moment he set foot on Israeli soil, our vice president was in full pander mode. First, he headed to Yad Vashem memorial, where he put on a yarmulke and declared Israel “a central bolt in our existence.” “For world Jewry,” Joe went on, …
“America is Losing the Free World,” was the arresting headline over the Financial Times column by Gideon Rachman. His thesis:
The largest democracies of South America, Africa, the Middle East and Asia — Brazil, South Africa, Turkey, India — are all moving out of America’s orbit. “(T)he assumption that the democracies would stick together is proving unfounded.”
About the first decade of what was to be the Second American Century, the pessimists have been proven right.
According to the International Monetary Fund, the United States began the century producing 32 percent of the world’s gross domestic product. We ended the decade producing 24 percent. No nation in modern history, save for the late Soviet Union, has seen so precipitous a decline in relative power in a single decade.
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