Republicans and Democrats, liberals as well as conservatives, have bought into anti-Chinese trade demagoguery. Former House Speaker Nancy Pelosi suggested that tariffs against China are a "key part of our 'Make It in America' agenda." During his 2010 campaign, Senate Majority Leader Harry Reid (D-Nev.) called his tea party-backed Republican challenger, Sharron Angle, "a foreign worker's best friend." In a recent news conference, President Barack Obama gave his support to the anti-China campaign, declaring that China "has been very aggressive in gaming the trading system to its advantage," adding that "we can and should take action against countries that are keeping their currencies undervalued ... (and) that, above all, means China."
The pro-Gingrich New Hampshire Union Leader/Sunday News published an editorial attack on Ron Paul Sunday, calling “Renegade Ron” a “gadfly, not a contender” in New Hampshire's first-in-the-nation presidential primary. Perhaps it's a sign the editorial board is worried that the Texas congressman, who has moved into first place in the latest Iowa poll, may overtake Gingrich in New Hampshire as well.
Millions of economic transactions take place every hour in the United States, too many for any central committee in Washington to handle or even Understand, even if they all graduated with honors from Harvard’s Kennedy School of Government.
In writing this piece, I’m reminded of a little exchange between the late William F. Buckley and friend and fellow National Review writer Florence King. Buckley had just penned some less-than-flattering words about a recently deceased person of prominence whose name escapes me, and King chided him, saying something to the effect that he had broken ground in journalism: the “attack-obit.” Buckley’s response was, “Wait till you see the obituary I have planned for you!”
The most listened-to talk radio show host in the country, Rush Limbaugh, is often (though not often enough) critical of what he refers to as the Republican Party establishment. His friends and colleagues, Sean Hannity and Mark Levin, are no different in this respect: Each portrays himself as a voice for the rank and file of the Republican Party against the establishment with which it finds itself increasingly at odds.