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Pat Buchanan : America's Hollow Prosperity
WorldNetDaily.com ^
| 02/15/2006
| Patrick Buchanan
Posted on 02/15/2006 10:42:45 AM PST by SirLinksalot
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To: Jack Black
They are spending the money. On factories, machines, infrastructure, oil, other commodities and new buildings. Most of which are NOT in the USA. And what do those people do with the money? They spend it. Eventually, someone's going to buy some American stuff with the money. Otherwise, they'll be left holding a bunch of worthless green paper.
101
posted on
02/15/2006 12:01:11 PM PST
by
Aquinasfan
(Isaiah 22:22, Rev 3:7, Mat 16:19)
To: pissant
Paul Craig Roberts has been and still is a conservative economist.
102
posted on
02/15/2006 12:02:23 PM PST
by
BlackjackPershing
("Americans should select and prefer Christians as their rulers." John Jay)
To: steadfastconservative
The point is Buchanan opposed Clinton trade policies (Free Trade, NAFTA), Gore trade policies and Bush 2 trade policies (CAFTA) which are all the same.
On the issue of trade it would be fair to say maybe the Republicans should nominate Gore, or maybe the Dems should invite Jeb to run on their ticket- BECAUSE THEY AGREE ON TRADE.
To: JABBERBONK
What percent of all that is inflation?
To: Richard Kimball
It's an agreement. Which is a law. It could be challenged as unconstitional, but otherwise it's just like any other law. Treaties have more weight than ordinary laws, NAFTA is not afforded those, as it is not a treaty.
To: CWOJackson
Pat agrees with Bush.
Bush SOTU "I will ask Congress for $350 million to support Palestinian political, economic, and security reforms. The goal of two democratic states, Israel and Palestine, living side by side in peace, is within reach -- and America will help them achieve that goal. (Applause.)"
P.S. The topic of the column is trade, not Pat, not military action.
106
posted on
02/15/2006 12:05:12 PM PST
by
ex-snook
(God of the Universe, God of Creation, God of Love, thank you for life.)
To: BlackjackPershing
Funny. If you write articles that are a combination of Cindy Sheehan, Paul Krugman and Algore, I think you lose that "conservative" label.
107
posted on
02/15/2006 12:06:23 PM PST
by
pissant
To: ex-snook
The issue is pat and the agenda he pushes in his articles...such as defending Hamas, his INSISTING that we not print cartoons that irritate Muslims...his agenda that underlies everything he writes IS the issue.
108
posted on
02/15/2006 12:06:58 PM PST
by
CWOJackson
(Tancredo? Wasn't he the bounty hunter in Star Wars?)
To: A. Pole
Buchanan has a serious credibility problem on this issue. If this country weren't so damned affluent, nobody would have time to read anything written by some inside-the-Beltway snot who has never had a real job in his life. In fact, the term "talking head" is a job description that one only finds in societies that are affluent beyond belief.
109
posted on
02/15/2006 12:07:57 PM PST
by
Alberta's Child
(Leave a message with the rain . . . you can find me where the wind blows.)
To: CWOJackson
Pat agrees with Bush. Bush SOTU "I will ask Congress for $350 million to support Palestinian political, economic, and security reforms. The goal of two democratic states, Israel and Palestine, living side by side in peace, is within reach -- and America will help them achieve that goal. (Applause.)"
P.S. No column hijacking, if you please.
110
posted on
02/15/2006 12:09:01 PM PST
by
ex-snook
(God of the Universe, God of Creation, God of Love, thank you for life.)
To: MeanWestTexan
They need to go crack a macro-economics book written in this century.Written by apologists for the deficit since 2000?
111
posted on
02/15/2006 12:09:47 PM PST
by
Paul Ross
(Hitting bullets with bullets successfully for 35 years!)
To: Aquinasfan
And what do those people do with the money? They spend it. Not necessarily, as China has successfully shown with their 15 years pattern of hoarding.
Eventually, someone's going to buy some American stuff with the money. Otherwise, they'll be left holding a bunch of worthless green paper.
Apparently the Chinese are cool with that...so long as they get all our industry and technology.
112
posted on
02/15/2006 12:15:24 PM PST
by
Paul Ross
(Hitting bullets with bullets successfully for 35 years!)
To: Paul Ross
Amen!
I saw an earlier reference to Milton Friedman whose books I generally find interesting until I get about halfway through, which is where he begins to depart from reality like most of the Adam-Smith-tie-wearers posting today.
Say hello to San Angelo, Monahans and Borger for me.
113
posted on
02/15/2006 12:16:27 PM PST
by
markedman
(Islam means surrender, and I will NEVER surrender!)
To: ex-snook
You may think it's hijacking but the integrity of the author is important.
On Jan 18th he insisted that Iran does not provide a nuclear threat and bemoans the attack in Pakistan that killed innocent women and children...and never once mentions the bad guys who were the target.
On Jan 25th he defends Iran again and insists we cannot take military action against them and attacks President Bush.
On Jan 30th he defends the Hamas election and attacks Isreal and President Bush.
On Feb 1st he writes an article demanding we fund Hamas...and takes his normal cheap shots at Isreal and President Bush.
He goes off the scale on Feb 3rd, including these brilliant remarks: "Having plunged us into an unnecessary war, Bush now confronts the real possibility of strategic defeat and a failed presidency. His victory in Iraq, like the wars of Wilson and FDR, has turned to ashes in our mouths. And like Truman's war in Korea and Kennedy's war in Vietnam, Bush's war has left America divided and her people regretting he ever led us in. But unlike the world wars, Korea and Vietnam, Bush cannot claim the enemy attacked us and we had no choice. Iraq is Bush's war."
Feb 8th, he writes an article insisting the we should not publish cartoons offensive to Muslims and is on the Sean Hannity radio show defending his position...he further insists that there is nothing wrong with publishing cartoons demeaning Christianity or the Hebrew faith.
Feb 11th...he's again deriding anyone who publishes cartoons offensive to Muslims...and attacking President Bush.
It's important that anyone not familiar with him and his agenda know a little more about what motivates pat and what he writes...hate.
114
posted on
02/15/2006 12:19:43 PM PST
by
CWOJackson
(Tancredo? Wasn't he the bounty hunter in Star Wars?)
To: SirLinksalot
Pat is dead on with this. The jobs that the admin crows about are jobs I used to have in high school. A trained out of work engineer getting a job in Walmart should not be counted in these job numbers. The admins employment numbers are misleading. My fellow freepers will sing a different song when the out sourcing/unemployment gun points at them.
115
posted on
02/15/2006 12:20:10 PM PST
by
ghitma
(Lifter)
To: A. Pole; Toddsterpatriot; 1rudeboy; expat_panama
Now that the U.S. trade deficit for 2005 has come in at $726 billion, the fourth straight all-time record, a question arises. The question should be: Does anyone understand that a capital account surplus is good?
116
posted on
02/15/2006 12:21:43 PM PST
by
Mase
To: .cnI redruM
ahhh crap LOL
well that was a time when I wasn't really paying attention, but at least I remembered the quote and the party :)
117
posted on
02/15/2006 12:23:00 PM PST
by
MikefromOhio
(Brokeback Mountain: The ONLY western where the Cowboys GET IT IN THE END!!!)
To: dead
You cite a litany of government failures on the economic front as a justification for your plans to put the government in charge of the purchasing decisions of individual Americans.
I NEVER said this.
118
posted on
02/15/2006 12:24:58 PM PST
by
hedgetrimmer
("I'm a millionaire thanks to the WTO and "free trade" system--Hu Jintao top 10 worst dictators)
To: A. Pole
My economy can, I purchased a house in Trinity Florida last year, I had a one year wait till completion, about 6 weeks before closing I got an offer of $36,000 over my purchase price, so I took the money and ran..it's all about creating wealth. You can sit around moan like clowns such as Buchanan, or you can move your ass and make money.
To: Paul Ross
They do not necessarily hoard the USA dollars, they trade them for DM, euros, CHF, Yen, etc. and use that currency to buy the means of production they require. The nations institutions who end up with US dollars buy our national debt, buy golf courses, invest in sports teams, buy commercial property, buy super market chains, etc..
If we had products they actually wanted at the price we offered them for ostensibly there would be no trade deficit. Because of this, they buy our debt or fund our national consumption by lending us money, or, they buy our property, which ostensibly we sell to finance more consumption.
A trade deficit is an indication that we are borrowing to finance consumption, whether it be government consumption or consumption in the private sector, nevertheless, we are borrowing and when the interest comes due we will have to pay the bill. Would you rather be a lender of money and receive income from that investment or would you rather forever be in debt to some foreign entity?
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