Taki's Daily Blog
John McCain may have just let slip his last best chance to be president of the United States. When he flew back to Washington to address the banking crisis, McCain could have seized the hottest issue in America by taking the side of his countrymen who were enraged by the Paulson Plan to bail out a power elite whose greed … [Read More]
On Sept. 30, 1938, 70 years ago, Neville Chamberlain visited Adolf Hitler’s apartment in Munich, got his signature on a three-sentence declaration and flew home to Heston Aerodrome. “I’ve got it,” he shouted to Lord Halifax. “Here is a paper which bears his name.” At the request of George VI, Chamberlain was driven to Buckingham Palace, where he joined the king … [Read More]
How did the United States of America, the richest nation on earth, whose economy represents 30 percent of the Global Economy, arrive at the precipice of a financial panic and collapse? The answer lies in the abject failure of both America’s financial elite and the political elite of both parties--the same elites now working together to determine how much of our … [Read More]
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 have been wiped out in a general financial panic, we may … [Read More]
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]
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, Palin was told to cancel a meeting with … [Read More]
Near the end of a town hall meeting in Johnstown, Pa., a woman arose to offer a passionate plea to Barack Obama to “stop these abortions.” Obama’s response was cool, direct, unequivocal. “Look, I got two daughters—9 years old and 6 years old. ... I am going to teach them first about values and morals, but if they make a mistake, … [Read More]
One wonders: What did Sarah Palin ever do to inspire the rage and bile that exploded on her selection by John McCain? What is there either in this woman’s record or resume to elicit such feline ferocity? What did we know of her when she was introduced? That she was a mother of five who had brought into this world a … [Read More]
ST. PAUL, Minn.—The American Right has just died and gone to heaven. Wednesday night’s convention address by Sarah Palin here in St. Paul has confirmed the bold decision of John McCain to choose the Alaska governor as his co-pilot and united the Republican Party as it has not been since the second term of Ronald Reagan. A wild enthusiasm for Sarah … [Read More]
The risk John McCain took last Friday is comparable to the 72-year-old ex-fighter pilot knocking back two shots and flying his F-16 under the Golden Gate Bridge. McCain’s choice of Alaska Gov. Sarah Palin to be his co-pilot was the biggest gamble in presidential history. As of now, it is paying off, big-time. The sensational selection in Dayton, Ohio, stepped all … [Read More]