James Buchanan 2.0

Karl Rove on the O’Reilly Factor says it is wrong to compare Obama to Jimmy Carter’s failed presidency.  Rove says a more apt comparison is James Buchanan.  In over his head, the 15th President’s leadership vanished as the nation fell to pieces all around him.   Perhaps Jimmy Carter will catch a break.

Economist James Buchanan, a Nobel laureate, argues that Obama is making the same mistakes and following the same destructive path that Roosevelt followed in the Great Depression. I've been waiting on someone to pick up on this parallel. We never seem to learn from history, we only repeat it.