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 … [Read More]

I’d like to say “Thank God” for John Derbyshire, except that the crotchety old Brit has convinced me not to believe that he exists. God, I mean—not Derbyshire, whom I have met in person. Although, come to think of it, my encounter with the featherless biped (no, not a plucked chicken, the other kind) which called itself “John Derbyshire” is by … [Read More]

GSTAAD—Walking up mountains is not only healthy, it gives a man time to think. In fact, climbing in solitude offers one marvellous inner adventures, with epiphanies being the order of the day. There are no boulders where I climb, just a lot of green, steep hills separated by gorges, with lots of cows to keep me company. About 15 years ago, … [Read More]

The European elite pushing for a consolidated European Union hit a huge speed bump in June, when Irish voters rejected the Lisbon Treaty, which created a more unified continental government. In August the vision of an effective, united Europe ran into another barrier, the Russian defeat of Georgia. At no time in recent history has the dream of Europe as EUROPE … [Read More]

Uncovering the roots of the disastrous home mortgage bubble that popped last year will keep economic historians busy for decades. Yet, one factor has so far been largely overlooked: the bipartisan social engineering crusade to drive up the rate of homeownership by handing out more mortgages to minorities. More than a negligible amount of the blame for the mortgage meltdown can … [Read More]

With the two major presidential candidates being both similar and wrong on virtually every issue, as they seem to be every four years, this election is more like the cola wars of the 1980’s when the major soda brands spent millions trying to sell the public on slightly different versions of same product. Obama wants to buy the world a Coke … [Read More]

Stephen J. Sniegoski’s The Transparent Cabal would be the book of the year in a less manipulated society than our own. I suggest as much in my introduction; and former Congressman Paul Findley, who wrote the foreword, lavishes equally high praise on this monument to diligence. Almost as interesting as the book’s content are certain facts about it: for example, that … [Read More]

He might not want to say it out loud, but Barack Obama senses, no doubt, that this past weekend’s financial meltdown will do much to boost his slumping electoral prospects. According to Democratic lore, financial woes make the “rich guy” Republicans look bad and send the reeling middle classes into the arms of the party of welfare and wealth redistribution. Wide-scale … [Read More]

Will the neocons who tutored George W. Bush in the ideology he pursued to the ruin of his presidency do the same for Sarah Palin?         Should they succeed, they will destroy her. Yet, they are moving even now to capture this princess of the right and hope of the party.         In St. Paul, … [Read More]

Not to be insulting, but people who write about politics are all suckers. Suppose for years you’ve been drinking a certain whiskey. Its producers then launch an ad campaign that “brands” the whiskey in a way that you don’t like—that associates it, say, with youth and libido rather than maturity and discernment. Does the ad campaign make you change your view … [Read More]