Pat Buchanan

According to The Washington Post, Wolfowitz also had super-agent Robert Bennett negotiate a pay raise to $400,000 for him, equal to that of President Bush, only tax-free. He then brought over two Bush aides from the White House and installed them "in senior positions and rewarded them with open-ended contracts and quarter-million-dollar, tax-free salaries, despite their lack of development experience."

As this spilled out into the press, Wolfowitz, by week's end, was barely hanging on to his job. But Treasury Secretary Hank Paulson and the West Wing were behind him. In the GOP of Jack Abramoff and Duke Cunningham, this doesn't qualify as sleaze.

Well, let Wolfie stay on as poster boy of Bush ethics, and let the nation decide whether they wish to continue with this crowd in 2008.

But there is a larger issue than the love of Wolfie for Shara. That is the systematic looting of our country by parasites who are paid the world's fattest public salaries, working in Washington, supposedly to alleviate the suffering of the world's poorest people.

Europe was in ruins in 1945, and there was a need for a World Bank to lend reconstruction money to prostrate nations. But Europe and East Asia are prosperous today, the world is awash in investment capital, and foreign aid is a proven failure.

Why do we continue to subsidize jumbo salaries for foreigners to shovel huge dollops of our tax dollars down the same ratholes year after year?

This is not 1945. America is no longer the world's greatest creditor. She is the world's greatest debtor. In 2006, our current account deficit hit $857 billion. Beijing sits atop a mountain of $1 trillion in reserves. Japan sits on $850 billion. U.S. reserves are pitiful.

Why, when the government is deeper in debt than ever in our history, is this Congress borrowing billions every year to send to the least competent, most corrupt regimes on earth? Why has the World Bank not been shut down, its 10,000 overpaid employees dismissed -- or the whole thing deeded over to Beijing or Tokyo? Let them play world banker to deadbeat nations. They've got the money. We don't anymore.

Whatever happened to the movement of Goldwater? What happened to the Party of Reagan? Weren't we once going to put a stop to all this?

Pat Buchanan

Pat Buchanan is a founding editor of The American Conservative magazine, and the author of many books including State of Emergency: The Third World Invasion and Conquest of America .
TOWNHALL DAILY: Be the first to read Pat Buchanan's column. Sign up today and receive daily lineup delivered each morning to your inbox.
©Creators Syndicate