Author Archives: Paul Craig Roberts

What globalism did was to transfer the US economy to China

The main problem with the US economy is that globalism has been deconstructing it. The offshoring of US jobs has reduced US manufacturing and industrial capability and associated innovation, research, development, supply chains, consumer purchasing power, and tax base of state and local governments. Corporations have increased short-term profits at the expense of these long-term costs. In effect, the US economy is being moved out of the First World into the Third World. Continue reading

American capitalism is based on plunder

The plunder is getting worse

American capitalism is based on plunder. With the continental USA plundered, American capitalism hoped to continue enriching itself by plundering Russia as it did under Yeltsin, carefully including the Russian “Atlanticist Integrationists” in the spoils in order to have support from the liberal, progressive forces in Russia for stripping Russia of its assets. But Putin more or less put a halt to the American/Israeli rape of Russia, although it still continues through the neoliberal economics that Harvard brainwashed into the Russian central bank and economics profession. Brainwashed Russian economists are the main reason Washington is able to punish a powerful country such as Russia with economic sanctions. Continue reading

‘Gold over life, literally’

The decision by Alaska’s governor, Mike Dunleavy, and US President Donald Trump to sacrifice the environment for a gold mine is an extremely bad one, but I understand why it has happened. The offshoring of Americans’ jobs to Mexico and Asia has put millions of Americans into a situation in which their livelihood is not assured. Continue reading

Is the Federal Reserve losing control of the gold price?

After years of being kept in the doldrums by orchestrated short selling described by Roberts and Kranzler, gold has lately moved up sharply reaching $1,510 last Wednesday morning. The gold price has continued to rise despite the continuing practice of dumping large volumes of naked contracts in the futures market. The gold price is driven down but quickly recovers and moves on up. I haven’t an explanation at this time for the new force that is more powerful than the short-selling that has been used to control the price of gold. Continue reading

An open invitation to tyranny

The FBI has published a document that concludes that “conspiracy theories” can motivate believers to commit crimes. Continue reading

More fake happy news about jobs

The Bureau of Labor Statistics reports that the US economy created 148,000 new private sector jobs during July. The jobs number does not translate into employed people as increasingly Americans hold two or more jobs. For example, the BLS reports that from June to July the number of multiple job holders rose by 233,000 which is 85,000 more than the 148,000 new private sector jobs. What we are seeing is not more people employed, but more multiple job holders. Since May the number of multiple job holders has increased by 534,000. Continue reading

Brazil’s massive crime against humanity

The corrupt Brazilian government installed by Washington has decided to destroy the Amazon Rain Forest. This will adversely affect the Earth’s climate by eliminating a massive carbon sink. Continue reading

Trump is back under Bolton’s thumb

President Trump might be his own man, but not when it comes to John Bolton and Israel. Trump is their man and is again being manipulated into starting a fisticuffs with Iran. Continue reading

Unhappy thoughts for the Fourth of July

The human race, being a collection of stupids, continues to make decisions that imperil itself. Continue reading

Liberty has lost its protection

July 4 should be a day of mourning. The rights our ancestors fought for have been taken away. Continue reading

The Propaganda Ministry known as ‘the Free Press’

As I have reported on many occasions, the presstitutes constitute not a free press but a Ministry of Propaganda for the government and ruling oligarchic interests. Continue reading

The diminishing American economy

Since June 2009 Americans have lived in the false reality of a recovered economy. Various fake news and manipulated statistics have been used to create this false impression. However, indicators that really count have not supported the false picture and were ignored. Continue reading

As we face Armageddon the Western world is leaderless

According to news reports, the validity of which cannot be ascertained by the general public, a crazed US government came within ten minutes of igniting a general conflagration in the Middle East, the consequences of which could have been catastrophic for all. Continue reading

The advent of truth-destroying technology

Tyler Durden on Zero Hedge reports that the ability to falsify reality is growing by leaps and bounds. Thoughtless geeks have now developed technology that makes fake reality indistinguishable from real reality. Continue reading

The stories are beginning to exceed even the gullibility of Americans

The past couple of days have seen interesting developments. The US or Israel struck a Japanese ship with small rockets and tried to blame it on Iranian mines. The Japanese ship owner put a halt to the false flag event. He pointed out that the damage was above, not below the water line and that crew members observed objects approaching in the air. Continue reading

When the journalists ganged up on Assange, they ganged up on themselves

Journalists did not appreciate the implications for themselves of the contrived and false indictment of Julian Assange by a corrupt US government. It was obvious to a few of us that the indictment by the US government, a government constrained by the First Amendment, of a foreign national for publishing leaked material, an action never before regarded as espionage or a crime, was the beginning of the end of any Western government ever again being held accountable by a free press. Continue reading

D-Day after 75 years

Yesterday was the 75th anniversary of the Normandy invasion. Once again the event is celebrated by demonization of National Socialist Germany and glorification of America’s greatness in winning the war. Continue reading

The tariff issue

Wherever I look at US policy, foreign or domestic, I see only insanity, ignorance, and incompetence. Continue reading

Are you ready for a worse dystopia than ‘1984’?

I have been lonely in my concern with the dire economic implications of robotics, but now Clarity Press has provided me with some company by publishing The Artificial Intelligence Contagion by David Barnhizer and Daniel Barnhizer. It is telling as to the irrelevance of the economics profession that the coauthors are lawyers. Continue reading

The US desperately needs a new secretary of state

The ignorant warmonger masquerading as an American secretary of state should be arrested for his impersonation of an American government official. Mike Pompeo cannot possibly be the US secretary of state, because not even Donald Trump would appoint an idiot to this high position who thinks that Article 2 of the Constitution gives the president the authority to declare war and invade other countries. Continue reading

The triumph of evil

Wednesday, I heard a NPR “news” report that described the democratically elected president of Venezuela as “the Venezuelan dictator Maduro.” By repeating over and over that a democratically elected president is a dictator, the presstitutes create that image of Maduro in the minds of vast numbers of peoples who know nothing about Venezuela and had never heard of Maduro until he is dropped on them as “dictator.” Continue reading

The age of injustice

April 11, 2019, brought us a new word for Judas: Moreno—the puppet president of Ecuador who sold Julian Assange to Washington for his 30 pieces of silver. Continue reading

Presstitutes turn blind eye to UN report on Venezuela

Washington and the convict appointed to overthrow Venezuela continue the lies

Don’t you think something is fishy when the presstitutes orchestrate a fake news “humanitarian crisis” in Venezuela, but totally ignore the real humanitarian crises in Yemen and Gaza? Continue reading

Will no one stop American gangsterism?

An accurate description of the US orchestrated event Saturday at Venezuela’s border with Colombia was ppredicted on The Saker’s website on February 20. Continue reading

No one trusts the US government, not even the American people

Atlantic Bridge, a German front organization set up by Washington to propagandize Germans to serve Washington, has failed in the job. The latest survey conducted by the front group shows that 85% of Germans are alienated from the US. The front group’s chairman acknowledged “the great loss of trust in the United States.” By a margin of two to one, Germans see China as a more reliable partner for Germany than the US. Continue reading

Max Blumental proves Western media propagandists for war criminals

There is not an ounce of integrity anywhere in the Western print and TV media Continue reading

Venezuela under Washington’s gun

A full court press is took place in Florida Monday (Presidents’ Day) with Republicans, Democrats, expatriates from Cuba and Venezuela and the fascist warmonger ministry of propaganda that constitutes the US media all denouncing Maduro and blaming him for the hardships imposed on Venezuelans by Washington’s sanctions and attacks on Venezuela’s currency . Even “liberal” NPR is reading off the same fascist warmonger script. NPR managed to report on Venezuela without mentioning the sanctions, without mentioning the theft of Venezuela’s gold foolishly entrusted to the US and British central banks, or the orchestrated protests funded by US-financed NGOs that are small in comparison with the crowds that support Maduro that are never mentioned in the US media. In other words, NPR is just another part of the whorehouse brigade. Continue reading

Who does government serve?

Whose interests are served when Pelosi sells out health care and Pompeo sells out peace?

The US health system is the most high cost and dysfunctional health care system in the world. The reason is that it is privatized. In the rest of Western civilization, the system is socialized. Continue reading

Washington resurrected the arms race

The meetings in Beijing during January 30-31 between Washington, Russia, China, France and the UK apparently failed to preserve the commitment to prohibit intermediate range nuclear weapons. Washington stuck to its determination to withdraw from the historic agreement of Reagan and Gorbachev to destroy all land-based intermediate range nuclear missiles. This US withdrawal from a nuclear weapons reduction agreement follows the George W. Bush/Cheney regime’s withdrawal from the anti-ballistic missile treaty. Indeed, since the Clinton regime, every US president has produced worsening trust between the two major nuclear powers. Continue reading

Washington has appointed a president for Venezuela

After listening since 2016 to the American presstitutes complain, without providing a mere scrap of evidence, of Russia meddling in US elections, a person would think that the last thing Washington would do would be to meddle in other countries’ elections. Continue reading

The National Security Agency is a criminal organization

Years before Edward Snowden provided documented proof that the National Security Agency was really a national insecurity agency as it was violating law and the US Constitution and spying indiscriminately on American citizens, William Binney, who designed and developed the NSA spy program revealed the illegal and unconstitutional spying. Binney turned whistleblower, because NSA was using the program to spy on Americans. Continue reading

Americans need a Congress that represents Americans

US Senator Marco Rubio poses as a representative of Florida Republicans, but in truth he represents the interests of Israel. He is sponsor of legislation that punishes Americans who boycott Israel as their way of protesting Israel’s genocide of the Palestinian people. That Rubio is doing his best to dismantle what little is left of the First Amendment doesn’t seem to bother Florida voters or the presstitute media, who are no longer protective of the First Amendment. Continue reading