Monthly Archives: October 2011

Silver Price: Silver Tsunami from India

By Dominique de Kevelioc de Bailleul

To understand the potential of the silver price moon-shotting as the “investment of the decade,” according to Sprott Asset Management’s Eric Sprott, investors must wrap their minds around India’s tsunami demand for the metal in the coming years, which is expected to soar as the country’s 1.1 billion consumers rapidly rise in global per capita purchasing power parity (PPP).
When the talk of Indian gold jewelry demand arises, the gold tonnage imported to India is typically cited. And it’s breathtaking, with a lot of that gold slated for India’s spiritual season, called Deepavali, or ‘Festival of Lights,’ which begins in mid-October and ends in mid-November.

The World Gold Council anticipates India to import 1,000 tons of gold by 2012, or maybe even this year, as yearly imports to the second-most populated nation of the world expected to reach the equivalent of Switzerland’s total gold reserves.

“Demand for jewelry was the biggest contributor to gold demand, accounting for 54 percent of the total,” bullion expert Frank Holmes wrote in a February piece for “That’s a 17 percent rise despite gold prices jumping 26 percent in many currencies.”

Holmes continued, “India led the world in gold jewelry demand with more than 745 tons. China was a distant second at just under 400 tons and the U.S. third at 128 tons. While the pace of consumption has slowed in several countries, gold consumption for jewelry remains at elevated levels around the world.”

But what about silver?

As India proceeds to Vasubaras, the first day of Deepavali celebrations in the state of Maharashtra, traders and business people consider this day an auspicious one “for making important purchases, especially metals, including kitchenware and precious metals like silver and gold,” according to Wiki. As the demand for gold rises in India, silver demand rises as well.

Another factor which could drive higher India imports of silver is the high cost of gold. Malaysian news outlet, The Star, reported that the rally in the gold price has created a problem of affordability among many Indians. Many Indians have always struggled financially to purchase the sacred metal for religious ceremonies, with some families spending their entire life’s savings on the wedding of their young bride. But gold has increasingly become more prohibitive to many families in India as the rally enters its 11th straight year of higher prices.

But, as in any ‘commodity’, the market adapts with a little bit of substitution along the way—with producers using a little less gold and a little more silver to output the final product.

“By using innovative techniques, we can flatten 22-carat gold and then stuff it with an alloy that is a mix of copper and silver to give the ornament weight,” says Amit Prakash a Delhi-based jeweler.

How much silver will be involved in this substitution? It’s difficult to estimate; no statistics are available. But a small number multiplied by a massive number equals a big number.

However, the biggest factor slated to take the demand for silver in India to new heights comes in the way of silver’s investment qualities as a hedge against monetary inflation and resulting rising consumer prices. Inflation is standard fare of Indian life.

Though gold serves two purposes in India, one of tradition and the other monetary, it’s silver that may play an ever-increasing role in as a hedge against the ravages of inflation. While gold reaches unaffordable prices to India’s low per capita PPP of $3,500 (2010 CIA Factbook; US per capita PPP is $47,200), silver’s much lower price per ounce will become increasingly more attractive, not just in India, but everywhere.

“Rapid inflation is eroding the earnings of the common man. One has to understand how the import of gold has reached $9 billion for a month, while the yearly average is around $22 billion,” Sudhir Chakraborty, bullion analyst at Standard Chartered Bank, told Mineweb in June.

Though Chakraborty doesn’t mention silver, Google has some interesting statistics regarding the interest in the white metal in India.

The graph, below, courtesy of Google Trends, reveals that the number of web surfers interested in the search term ‘silver price’ has risen sharply since the CFTC announcement in 2010 regarding the JP Morgan/HSBC manipulation scheme, with people from the cities of Pune, Bangalore, Calcutta, Mumbai, Chennai and New Delhi (English widely spoken in the former British colony) topping the list, leaving the US and other developed nations in the dust. Not New York City, London or Chicago, but Denver, tops the list of US cities next in line after India’s six!

“This is what makes today’s gold market different from the 1970s,” said Frank Holmes. “Back then, today’s emerging market powerhouses, such as China and India, had no global economic impact. Now, these countries aren’t just at the forefront of the gold market, they are global leaders in economic growth.”

Ditto for the silver market.

Read more:


GOLDMAN SUX? Giant Squid Strikes Again at Occupy Wall Street’s Credit Union Goldman Sachs Intensifies Threat on Credit Union

What have I done?  There’s one angry squid out there.

Last week, Democracy Now! and The Guardian ran our story about Goldman Sachs yanking financial support from a community credit union for honoring one of its largest customers.  The customer:  Occupy Wall Street.

Our report so enraged Goldman that, within days, it doubled down on its attack on the little community bank.

Goldman had already demanded the return of its $5,000 payment to the Lower East Side Peoples Federal Credit Union.  Now, sources say, the trillion-dollar Wall Street mega-bank sent the following message to the not-for-profit community bank:  “You will never get a dime from any bank ever again.”

About those “dimes” Goldman is taking away:  They come from you and me, the taxpayers who put up billions into the Troubled Asset Recovery Plan (TARP), usually known as the Bank Bail-Out Fund.

For Goldman to suck its $10 billion from the TARP trough, Goldman had to change from investment bank to commercial bank. This change makes Goldman subject to the Community Reinvestment Act (CRA) and requires it by law to pay back a notable portion in funds for low-income communities, abandoned by the big banks.

In other words, Goldman is beating up Lower East Side Peoples (which operates in Harlem and the Latino New York neighborhood known as Loisaida).

I would note that Goldman’s nasty threat to cut off funding for Peoples, the credit union that is officially chartered as the bank for low income New Yorkers, came with a complaint about this reporter.

Goldman claims that Greg Palast called only one time to get Goldman’s side of the story. (I called many times, as did my associate, and we left the same repeated message: I want your side of the story. Please call me and tell me if you’re punishing the poor peoples’ bank because they are supporting the demands of Occupy Wall Street?)

There are tens of billions of dollars at stake in the Community Reinvestment funds due from the big banks.  As other banks are making noises of heeding Goldman’s call to whip the uppity little credit union, an answer from Goldman becomes urgent.

So, Goldman, I’m still waiting for an answer.  You’ve got my numbers, so just pick up a tentacle and call

Ann Coulter: Liberal Media “Terrified Of Strong, Conservative, Black Men”




31 October 2011

Politico dropped a bombshell story Sunday evening, charging that GOP presidential front-runner Herman Cain was accused of sexual harassment by two unnamed females in the late 1990s when he was CEO of the National Restaurant Association.

During an appearance on Fox News Channel’s “Geraldo at Large” just an hour later, Ann Coulter likened the allegations to those Clarence Thomas faced in the early 1990s during his Supreme Court confirmation process.

“Liberals are terrified of Herman Cain,” she said. “He is a strong, conservative black man … They are terrified of strong, conservative black men.

“It’s outrageous the way liberals treat a black conservative,” she told Geraldo

Read more:

Rioting Across America – The Great Depression



Washington’s Blog
Monday, October 31, 2011

Interesting historical footage

Will Syria become ‘another Afghanistan’?


Foreign intervention in Syria will cause the whole region to burn. That is the warning from Bashar al-Assad, the country’s president, after more than seven months of uprising.

In his first interview with a Western media outlet since Syria’s seven-month uprising began, al-Assad has warned of an “earthquake” across the Middle East, if the West intervenes in his country, adding that such action could cause “another Afghanistan”.

Al-Assad’s comments came after Ban Ki-moon, the UN secretary-general, made a new call for the repression to end, following one of the bloodiest days of the Syrian uprising when thousands of people took to the streets in two Syrian cities after Friday prayers, calling for the imposition of a Libya-style no-fly zone over the country. Activists say that at least 40 people were killed.

Al-Assad insists his country is different in every respect from Egypt, Tunisia, Yemen and Libya and, according to him, any Western intervention in Syria would see the whole region burn.

What does he mean? Is this a threat or a statement of fact? And what does the future hold for Syria and the region?

No direct international intervention has been proposed since the Syrian uprising began in March. And many analysts say that the support for the protesters has been balanced against fears of instability in a country at the heart of so many conflicts in the world’s most volatile region.

The first response came from the US in May when the Obama administration imposed economic sanctions on al-Assad and his top aides. That was followed by similar steps by the European Union in August, announcing travel bans, asset freezes and, more recently, an oil embargo.

Syria has also faced condemnation from the United Nations and Turkey. But do punitive sanctions, condemnations and even reconciliation initiatives really work?

Inside Story, with presenter Mike Hanna, discusses with guests: Rim Turkmani, a public relations officer for a new Syrian party called “the Current for Building up the Syrian State”; James Moore Junior, a former US assistant secretary of commerce for trade development; and Kamel Wazne, a political analyst and professor of international relations.

“Pressure should be applied on this regime to stop the security operation because it’s leading now towards a civil war … and civil war will lead to unrest in the region and also inflame the whole area.”

Rim Turkmani, public relations officer for the Current for Building up the Syrian State

Nashville Judge Tells Cops “You Have NO Lawful Basis To Arrest Occupy Protesters!”



Monday, October 31, 2011

Nashville News 2 report on Nashville cops using force to remove protesters


Washington’s Black Ops against Iran

by Dr. Ismail Salami

October 30, 2011

The US secret agenda for tightening its vice-like grip on the Islamic Republic of Iran has taken on an apparently new form after the anti-Iran alleged assassination plot against the Saudi ambassador to the United States, Adel al-Jubeir, raised many eyebrows among experts and analysts around the world.

With a strong penchant for pushing for tougher action on Iran, the Obama administration has already imposed a series of sanctions against the Islamic Republic. However, a Republican-controlled congressional committee has recently heard testimony demanding an extensive range of covert operations against the country.

The operations, which range from cyber attacks to political assassinations, are speculated to be conducted under the feeble excuse that Iran was the alleged architect of an assassination plot against the Saudi envoy to the United States. By political assassination, the US congressmen unconsciously mean the liquidation of the Iranian nuclear scientists, an act they actually started long ago.

Retired Army Gen. John Keane told a hearing of two key subcommittees of the House Committee on Homeland Security on Wednesday, “We’ve got to put our hand around their throat now. Why don’t we kill them? We kill other people who kill others.”

Also, Rep. Jackie Speier (D-Calif.) poured some pearls of wisdom over others and called for “sober, reasoned discussion.”

“Iran’s leaders must be held accountable for their action,” she said, “but we cannot take any reckless actions which may lead to opening another front in the ‘War on Terror,’ which the American people do not want and cannot afford.”

Naturally, the US government, in essence, cannot afford to wage another war at least in view of the economic woes it has wrought upon the American citizens, regardless of other influencing factors.

The stone that started rolling fell into the hands of New York Congressman Peter King who made an extremely bizarre comment. He suggested that the US should kick out Iranian officials at the UN in New York and in Washington and accused them of being spies, ignorant of the fact that the UN is considered an independent international body and that the US has no authority to ‘kick out’ diplomats accredited there en masse.

Overwhelmed with a sense of false eagerness, he renewed the anti-Iran alleged assassination ploy and said excitedly, “So you have the assassination of a foreign ambassador, you have the willingness to kill hundreds of Americans — this is an act of war,” King said, “I don’t think we can just do business as usual or even carry out sanctions as usual.”

The volley of vitriolic words against Iran which issued from Mr. King reeks of blind enmity long egged on by other hawks in Washington.

In point of fact, the anti-Iran moves practically started in 2007 when US Congress agreed to George W. Bush, the then US president, to fund a major increase in covert operations against Iran.

According to the intelligence officials who spoke to the Blotter on, the CIA was then given a presidential approval to commence its covert ‘black’ operations inside Iran. To that effect, over four hundred million dollars were allocated in a Presidential Finding signed by George W. Bush. The ultimate goal of the finding was to cripple Iran’s religious government and the operations involved throwing support behind minority Ahwazi Arab and Baluchis and other opposition groups as well as amassing intelligence about Iran’s nuclear sites.

Speaking on the condition of anonymity because of the sensitive nature of the subject, the intelligence officials confirmed that Bush had signed a “nonlethal presidential finding”, giving the CIA carte blanche to engage in any sabotaging activities including a coordinated campaign of propaganda, disinformation and manipulation of Iran’s currency and international financial transactions in order to destabilize and eventually achieve regime change in Iran.

“I can’t confirm or deny whether such a program exists or whether the president signed it, but it would be consistent with an overall American approach trying to find ways to put pressure on the regime,” said Bruce Riedel, a retired CIA senior official, an expert on Iran and the Middle East ( May 22, 2007).

In June 2007, The New Yorker magazine also ran a similar story by Seymour Hersh, confirming that the finding had been signed by Bush and intended to destabilize the Islamic government.

“The Finding was focused on undermining Iran’s nuclear ambitions and trying to undermine the government through regime change,” the article cited a person familiar with its contents as saying, and involved “working with opposition groups and passing money.”

From an intelligence point of view, the fact that the US government is resorting to covert black operations against Iran rules out the possibility of a military strike against the country.

According to reports, US ambassadors in Islamabad have repeatedly asked for opening a consulate in the province of Baluchistan, a suspicious demand from the US. In 2011, the call was renewed by US ambassador Cameron Munter to Islamabad. Persistence in this demand is to be taken seriously. Baluchistan is strategically important as it is a harbor for the anti-Iran terrorist group, Jundullah, in the first place and a separatist Pakistani province in the second place.

In fact, Washington greatly favors the establishment of a ‘Greater Baluchistan’ which would integrate the Baluch areas of Pakistan with those of Iran. Military expert Lieutenant Colonel Ralph Peters suggests that Pakistan should be broken up, leading to the formation of a separate country: ‘Greater Baluchistan’ or ‘Free Baluchistan’ (June 2006, The Armed Forces Journal). As a result, this would incorporate the Baluch provinces of Pakistan and Iran into a single political entity which can be tailored to suit the interests of Washington.

So it seems that the US harbors two main ulterior motives if this demand is answered.

First, it can fulfill its dream of establishing the Greater Baluchistan, consolidate firm presence in this separatist part of Pakistan and secondly, it will be in a position to avail itself of this influence to carry out its sabotaging activities within Iran.

Earlier in 2007, the Blotter on revealed the role of the US government in backing the terrorist Iranian group , which is responsible for a number of gruesome assassinations of the Iranian civilians on the Iran-Pakistan-Afghanistan border. The terrorist group spares no efforts in sowing the seed of terror in the southern Iranian province of Sistan-Baluchistan and their lust for murder and cruelty knows no remission.

The victims the group has so far claimed include many women and children who have become the direct target of their killing. In July 2010, the group mounted a pair of suicide attacks on a major Shi’ite mosque in the city of Zahedan, the capital of Iran’s Sistan-Balochistan Province, killing dozens of worshippers and wounding over 100 people.

Although US officials deny any ‘direct funding’ of the terrorist group, they acknowledge that they are in contact with the leader of the group on a regular basis. A similar terroristic attack was launched by the same group on a mosque in Zahedan in May 2009, which led to the martyrdom of many worshippers.

Sadly enough, Pakistan’s Inter-Service Intelligence (ISI) implicitly supports the group and reportedly shelters some of its high-profile members in coordination with the CIA.

Isn’t it paradoxical that Jundullah, a terrorist group and an offshoot of al-Qaeda, is directly funded by the US government which keeps bandying about its so-called ‘war on terror’ in the world?

This is enough to cause the US to hang its head low in shame and humility.

Dr. Ismail Salami is an Iranian author and political analyst. A prolific writer, he has written numerous books and articles on the Middle East. His articles have been translated into a number of languages.

High number of cyber attacks made on UK government and business

Taiwan Sun
Monday 31st October, 2011  

  •  UK government admits “disturbing” number of cyber attacks
  •  Report comes ahead of Tuesday’s security conference in London
  •  Government departments and UK businesses targeted

Ahead of a security summit Tuesday, the UK government Monday admitted that the country had been the target of a “disturbing” number of cyber attacks this year.

According to Iain Lobban, the director of communications intelligence agency GCHQ, sensitive data on government computers has been targeted, along with defence, technology and engineering firms’ designs.

UK Foreign Secretary William Hague has indicated that the British government is now treating the threat from cyber warfare as seriously as that from international terrorism.

The security summit Tuesday, which will be held in London, aims to bring together political and technological leaders to discuss the issue.

US Secretary of State Hillary Clinton and EU digital supremo Neelie Kroes are reportedly attending, as are leading cyber security experts and technology entrepreneurs such as Wikipedia founder Jimmy Wales and Cisco vice-president Brad Boston.

“A global coordinated response” is required, Hague told the media, adding that the cyber attacks were not only an attack on the British government, representing a threat to national security, but also a significant threat to the economic well-being of the country.

The report comes just days after UK security firms revealed easy ways in which smartphones such as the Apple iPhone can be easily hacked, allowing spying and identity theft.



Palestinians Win Key U.N. Test Vote

31 October 2011

The United Nations cultural agency, UNESCO, votes to grant full membership to Palestinians despite the threat of defunding by U.S. Below is the latest from NewsCore.

PARIS — The UN’s cultural agency voted to admit Palestine as a full member Monday in a move that could see the body lose millions of dollars in US funding — more than a fifth of its budget.

The vote at UNESCO’s general assembly was carried by 107 votes in favor of admission and 14 votes against, with 52 abstentions.

For its membership to take effect, Palestine must sign and ratify the organization’s constitution in London, UNESCO said in a statement.

Earlier, UNESCO director general Irina Bokova said she was very concerned about the possible withdrawal of US funding.

“This would have serious consequences. Programs would have to be cut, our budget would have to be rebalanced,” she said.

UNESCO has been holding its general assembly in Paris since last Tuesday. Just like the UN General Assembly in New York, the question of Palestinian membership was put on its agenda.

But while as a permanent UN Security Council member the US has a veto that it says it will exercise at the UN General Assembly, no one was able to exercise a veto at UNESCO, where a two-thirds majority of its 193 voting members suffices.

Two laws passed by the US in the 1990s ban the financing of any UN organization that accepts Palestine as a full member. That means UNESCO stands to lose $70 million, or 22 percent of its annual budget.

Before the vote, State Department spokeswoman Victoria Nuland said, “We’ve made the point that there are very clear red lines in US legislation and that if those are crossed in UNESCO, that the legislation is triggered.”

The US only returned to UNESCO in 2003, having boycotted the organization since 1984 over “growing disparity between US foreign policy and UNESCO goals.”

Despite the 20-year US boycott, President Barack Obama now considers UNESCO a strategic interest, and Washington sees it as a useful multilateral way to spread certain Western values.

Meanwhile, Israeli envoy Nimrod Barkan had said Israel would likely join the US in withdrawing funds — around three percent of UNESCO’s budget — which would “make it impossible for UNESCO to fulfill its mission.”

Pat Buchanan’s Suicide of a Superpower: Will America Survive to 2025?


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“The defense industry has been off- shored. We had to wait months to get flat panel displays from Japan before we launched Desert Storm.  Boeing can’t build a fighter plane except for the parts from India.  Sirkorsky can’t build a helicopter except for the tail motor from Turkey.  Today, we can’t go to war except for the favor of a foreign country”.

Patrick J. Buchanan, Suicide of a Superpower: Will America Survive to 2025?

New York; Thomas Dunne Books; October 2011; 496 pages; $27.99

The Happy Warrior

by Peter B. Gemma

15th 2011

Book Review

Pat Buchanan’s hundreds, if not thousands, of incisive articles and commentaries have appeared in print and on the internet for decades (he became a columnist for the St. Louis Globe-Democrat at age 23). His writings have proven to be both controversial and courageous—defending Middle American values, defining an America First foreign policy, and dicing up the elitist-driven multicultural agenda. The Christian Science Monitor calls him “Dennis the Menace with the pen of H. L. Menken.”

Along the way he stopped to run for President on three different occasions. In 1992 he had a major impact on the Republican nomination process, scoring an upset victory by decisively defeating incumbent President George H. W. Bush in the crucial New Hampshire GOP primary. Buchanan continued his influential political crusade for traditional conservative issues in 1996—besting Bob Dole, the favored Republican candidate, in several states. In 2000, he hewed the tough road as a third party presidential candidate and was the lone voice supporting fair trade, a non-interventionist foreign policy, and opposing illegal immigration (as well as capping legal immigration). Columnist George F. Will says “Pat Buchanan is the pit bull of the American Right.”

Buchanan finds time to write best-selling books too—thought-provoking albeit foreboding and sternly worded titles including, State of Emergency: The Third World Invasion and Conquest of America (2006), The Death of the West: How Dying Populations and Immigrant Invasions Imperil Our Country and Civilization (2002), and The Great Betrayal: How American Sovereignty and Social Justice Are Being Sacrificed to the Gods of the Global Economy (1998). Somehow he can investigate and interpret the threats to America’s sovereignty, economy, and its traditional culture—yet find a way to offer practical and encouraging solutions. This is why the left-wing newspaper Village Voice conceded “Buchanan is one hell of a wordsmith.”

He obviously enjoys the battle as he enters the fray on every front.

Now comes his eleventh book, Suicide of a Superpower: Will America Survive to 2025? and Pat Buchanan is at his combative best explaining the question he poses:

“Our intellectual, cultural, and political elites are today engaged in one of the audacious and ambitious experiments in history. They are trying to transform a Western Christian republic into an egalitarian democracy made up of all the tribes, races, creeds, and cultures of planet Earth.”

Then, with sword drawn, he defiantly defends the roots of the American republic as “a people of common ancestry, culture, and language, who worship the same God, revere the same heros, cherish the same history, celebrate the same holidays, [and who] share the same music, poetry, art, and literature.”

Buchanan asserts, however, that the revolutionary agenda the secular elites are trying to impose:

“… is failing and will continue to fail. For it is based on … an ideology whose tenets are at war with the laws of nature. Like Marxists who were going to create a new man and a new society, our establishment is attempting the impossible.”

Still, he sees the confrontation between the elites and Middle America as teetering in favor of the establishment: “The cycle is inescapable” he writes, “when the faith dies, the culture dies, the civilization dies, and the people die.” Buchanan observes, “This appears less a bold prediction of what may happen than a depiction of what is happening now.”

A significant portion of Suicide of a Superpower deals with issues and ideas from a spiritual standpoint. Two chapters are solely on the subject—one is entirely devoted to the “Crisis of Catholicism” (Buchanan’s worldview is seen through Roman Catholic glasses). He notes that, “Catholicism and the country together went through the cultural revolution that altered the most basic beliefs of men and women. Both came out changed. … What was immoral and scandalous in 1960—promiscuity, abortion, homosexuality—is normal now.” He states: “‘One nation under God, indivisible’ has become an antique concept in an age that celebrates diversity and multiculturalism. Our intellectual and cultural elites reject the God our parents believed in and the moral code they lived by.”

Buchanan is pointed when he addresses the reader: “Our system is rooted in a societal failure. We are not ruled by the same ideas nor do we possess the same moral character as our parents did. Today freedom takes a back seat to equality.” Here is what will make Pat Buchanan’s new book his most controversial: his opinions on immigration, multiculturalism, demographics, and even race. Suicide of a Superpower is about as stark and dark as Pat Buchanan gets.

In the chapter entitled “Demographic Winter,” he writes that demography should not always be equated with destiny “for all human capital is not created equal. In making history, it has often been the quality of a people who mattered most.” The author cites such examples as the 300 Spartans at Thermopylae and the Founding Fathers of this nation—how just a few men can change the course of history in defense of blood and soil. He does note, however, that:

“As the West worships at the altar of democracy, is deeply egalitarian, and has thrown open its doors to a Third World in which ethnonationalism is embedded, it is the West whose destiny will ultimately be determined by demography.”

Drawing from UN findings, US Census Bureau studies, research papers, and news investigations on the world’s demographic trends, he warns that by 2050 only one of the ten most populous nations will be a “First World” country—the United States. But the kicker is that by mid-century America will be essentially a Third World country demographically: 54% of its people will trace their roots to Asia, Africa, and Latin America according to a UN report.

Buchanan says, “Peoples of European descent are … aging, dying, disappearing … among the peoples of color who will replace them, the poorest and least developed nations are reproducing fastest.” He notes that in 1950, Europeans and North Americans accounted for 28% of the world’s population. In 2050, that number is expected to be 12% with a median age close to 50. The author cautions that in First World countries, the birth rate is as low as 1.3 children per woman—pathetically below the 2.1 level necessary just to maintain even current population levels. In contrast, Africa’s population will double to 2 billion by 2050—under-achieving nations such as Niger will quintuple its population; Uganda, Guinea-Bissau, Burundi, et al will triple theirs.

Without younger workers to pay taxes, boost the economy, carry the load of pensions and health care, etc., the West’s international debt crises will get dramatically worse. The author cautions, “The riots that tore through Greece, France, and the UK in 2010 are rooted in the demographic crisis of the West and are harbingers of what is to come.”

Similarly, on the domestic front, Buchanan writes of “The End of White America.” According to the 2010 U.S. Census, white Americans will be a minority by 2042—whites under the age of 18 are projected to be a minority even sooner: 2019. The author refers to a Washington Post story which revealed that in the period from 2009-2010, foreign-born Hispanics gained 98,000 construction jobs while white—and black—construction workers lost 511,000 jobs. In the second quarter of 2010, native-born workers lost 1.2 million jobs, while foreign-born workers gained 656,000 jobs. Blue collar white men constituted 11% of the workforce but represented 36% of those who lost jobs.

In 2010, more than 15% of America’s workers were foreign born—in California illegal aliens hold down 10% of California jobs, a state with the highest unemployment rate in the nation. By 2040, 30% of the Texas labor force will not have a high school diploma and the average household income will be drastically lower than 2000.

As with Europe, the root cause of this problem comes from the white birth rate being dramatically below replacement level for decades. And, of course, there is the invasion of illegal aliens—and a tidal wave of legal émigrés as well.

The author categorically states, “Ethnically, linguistically, and culturally, the verdict of 1848 [the boundary-setting U.S.-Mexican War] is being overturned. Will this Mexican nation-within-a-nation advance the goals of the Constitution—to ‘insure domestic tranquility’ and ‘make us a more perfect union?’ Or has our passivity in the face of invasion imperiled our union?”

Buchanan opines, “Mexico is moving north.”

A side note. Beside his own pithy observations, Buchanan has peppered Suicide of a Superpower with short quotes that range from profound to highly provocative:

• Leslie Gelb, President Emeritus, Council on Foreign Relations: “The United States is declining as a nation and a world power with mostly sighs and shrugs to mark this seismic event.”

• President Harry Truman: “This is a Christian nation.” … President Barak Obama: “We do not consider ourselves a Christian nation.”

• Historians Will and Ariel Durant: “Utopias of equality are biologically doomed.”

• Commentator Sam Francis: “The real meaning of the doctrine of equality is that it serves as a political weapon.”

The latter two quotes come from the chapter entitled “Equality or Freedom?”

In that compelling section, he sets out with a perceptive discourse on the original definition and newer development of “equality” in politics and public policy—from the ideals that inspired the Founding Fathers to the social experiments in the name of egalitarianism today. Then Buchanan focuses on the political correctness of “equality.” Lyndon Johnson established a PC police academy with the motto, “To check the growth of inequality, liberty must be sacrificed.” As outlined in Suicide of a Superpower, the demands for equality have grown exponentially from the 1960s to near hysteria today: children are bused out of their neighborhood into culturally strange and academically substandard schools; government-dictated racial quotas and “affirmative action” programs veto the merit-based hiring and promotion practices of businesses; Christianity, “our cradle faith” as the author puts it, has been kicked out of the public square and demoted to just another religion—all faiths are on an equal par with atheism for that matter.

“When one considers the scores of thousands of bureaucrats in federal, state, and local government, at colleges, and in corporations, all working to secure proportional representations of races, ethnic groups, and genders,” Buchanan notes, “we begin to see how equality and freedom are at war and why America is a failing nation.” He warns:

“Eventually one realizes that this transfer of wealth and power from one class to another is really what the ‘equality’ game is all about.”

It is raw political power that drives the multicultural forces and the open borders lobby, and like the radicals in the French revolution, American elitists lead the charge for revolutionary change in the name of égalité. Neo-conservative godfather Ben Watternberg boldly wrote, “The non-Europeanization of America is heartening news of almost transcendental quality,” while writer Susan Sontag proclaimed, “The white race is the cancer of human history.”

Buchanan drives his counter-point home with precision:

“Ethnomasochism, the taking of pleasure in the dispossession of one’s own ethnic group, is a disease of the heart that never afflicted the America of Andrew Jackson, Theodore Roosevelt, or Dwight Eisenhower. It comes out of what [author] James Burnham called an ‘ideology of Western suicide,’ a belief system that provides a morphine drip for a people who have come to accept the inevitability of their departure from history.”

Pat Buchanan, the happy warrior, has no tolerance for such “inevitabilities.” He asserts that there still exists in hearts of Americans “the will to remain one nation under God and one people united by history, heritage, [and] language …” The author notes that in the 31 states where elections have been held, all but one have voted against same-sex marriage; in every state that had the opportunity to vote for English as its official language, the issue has prevailed; and bans on public funds for illegal aliens—housing, tuition, employment benefits, etc.—have been enacted in hundreds of local, county, and state jurisdictions.

The author invokes Thomas Paine of 1776: “We have it in our power to begin the world over again.”

In his concluding chapter, “The Last Chance,” Buchanan gives us marching orders to re-take the barricades. Among them are …

1. Dismantle the empire. “It is absurd that the United States, stumbling toward a debt default, must borrow from Japan to defend Japan, borrow from Europe to defend Europe, and borrow from the Persian Gulf to defend the Persian Gulf,” he writes. Buchanan wants the cost-cutting, policy-reviewing process to address “an archipelago of 700 to 1,000 bases in 130 countries, our imperial embassies, foreign aid, the military-industrial complex at home, and the hidden billions spread through the government for intelligence work and nuclear weapons.”

2. Downsize the state. “To balance the budget by cuts alone, spending would have to fall 40%,” he warns, “were tax increases alone be used to balance the budget the tax load on corporations and citizens would have to rise 67%.” The author outlines a variety of options, from “a halt to foreign aid unrelated to national security” to tying Social Security and COLAs to the consumer price index. An economic nationalist—in line with other countries who protect their workers—Buchanan advocates reducing:

“our dependence on goods made abroad and grow our dependence on goods made in the United States. We should impose tariffs on all imports and use every dollar of tariff revenue to reduce taxes on U.S. producers.” Imposing a 25% tariff on imports of $2.5 trillion in imports “would yield $600 billion, which would virtually eliminate corporate taxes in this country.”

3. A moratorium on immigration. “If America is not to disintegrate, if she is to regain the ‘out of many, one,’ unity we knew in the Eisenhower-Kennedy era, the first imperative is to re-adopt the immigration policy that produced that era of good feeling, so that the melting pot, fractured though it is, can begin again to do its work.” Buchanan declares the U.S. must cut “new immigration until unemployment falls to 6 percent. To bring in foreign workers when 23 million Americans are still underemployed or out of work is to put corporate profits ahead of country.”

He favors no amnesty, a return of illegal aliens to the homelands, and reforming:

“our immigration laws to give preference to those from countries that have historically provided most of our immigrants, who share our values, speak English, have college or advanced degrees, bring special skills, and can be easily assimilated. We need more taxpayers and fewer tax consumers.”

4. End reverse discrimination. “Congress should settle the question with finality by enacting into law Ward Connerly’s Civil Rights Initiative, which has won the support of the electorate in every state but one where it has been on the ballot,” Buchanan advises. Here is the Connerly wording:

“The state shall not grant preferential treatment to or discriminate against any individual or group on the basis of race, sex, color, ethnicity or national origin in the operation of public employment, public education or public contracting.”

Those “three dozen words, written into the Constitution or federal law,” Buchanan says, “would bring down the evil empire of reverse discrimination …”

Buchanan warns that, “the crises that afflict us—culture wars, race division, record deficits, unpayable debt, waves of immigration, legal and illegal, of peoples never before assimilated, gridlock in the capital and possible defeat in war—may prove too much for our democracy to cope with. They surely will, if we do not act now.”

But the happy warrior is indeed acting—counter-attacking—and is asking for reinforcements. That’s the real answer to Pat Buchanan’s rhetorical question “Will America Survive to 2025?”