Victor Davis Hanson Private Papers

Tag Archives: Federal Reserve Bank

A Beat-up, Exhausted, and Terrified Republican Establishment

by Victor Davis Hanson // PJ Media 

On almost every contemporary issue there is a populist, middle-class argument to be made against elite liberalism. Yet the Republican class in charge seems ossified in its inability to make a counter-argument for the middle class. Never has the liberal agenda been so vulnerable, a logical

Donkey Hotey via Flickr

Donkey Hotey via Flickr

development when bad ideas have had five years to prove themselves as very bad ideas. When Obama is all done he will have taken high presidential popularity ratings, a supermajority in the Senate, and a large margin in the House and lost them all — if only the Republicans can make an adequate case that they represent the middle class, the Democrats only the very wealthy and the very dependent.

Illegal Immigration

We know the entry of 11 million illegal aliens depresses the wages of the poor and entry-level working class. Illegal immigration overwhelms state services, and that too hurts citizens most in need of help. The lower-middle classes do not have low-paid nannies, gardeners, and house-keepers. We know the illegal influx pleases La Raza activists, most of them second- and third-generation elites in government, politics, journalism and education, who without illegal immigration would not have much of a moral or legal justification for the continuance of affirmative action and identity politics, given that statistically Latinos would soon follow the pattern of other assimilated groups. (For example, is there affirmative action for Armenian immigrants? An Italian Razza movement? Punjabi Studies?) Read more →

Brave New World

by Victor Davis Hanson

PJ Media

The Revolutions We Missed

Sometimes societies just plod along, oblivious that the world is being reinvented right under their noses. In 2000, one never saw pedestrians bumping into themselves as they glued their noses to iPhones. Read more →

Bubbles, Bubbles Everywhere

by Victor Davis Hanson

Tribune Media Services

The 2008 financial crash originated with a housing bubble. Not long ago, the cheap-money policies of the Federal Reserve, the infusion of trillions of dollars in new foreign investment, and the misguided policies of Freddie Mac and Fannie Mae all conspired to extend to millions of Americans lots of easy credit for houses whose inflated prices they could hardly afford. Read more →

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