The American people have suffered a coup d’état, but they are hesitant to acknowledge it. The regime ruling in Washington today lacks constitutional and legal legitimacy. Americans are ruled by usurpers who claim that the executive branch is above the law and that the US Constitution is a mere “scrap of paper.” Continue reading
In various articles and in my latest book, The Failure of Laissez Faire Capitalism and Economic Dissolution of the West, I have pointed out that the European sovereign debt crisis is being used to terminate the sovereignty of the countries that are members of the EU. There is no doubt that this is true, but the sovereignty of the EU member states is only nominal. Although the individual countries still retain some sovereignty from the EU government, they are all under Washington’s thumb, as demonstrated by the recent illegal and hostile action taken on Washington’s orders by France, Italy, Spain, Portugal, and Austria against the airliner carrying Bolivia’s President Evo Morales. Continue reading
Do you remember the promise of the New Economy that was going to replace the lost “dirty fingernail” manufacturing jobs with innovative highly paid New Economy jobs? Well, the promise was just another deception from the elites who have stolen Americans’ future. Continue reading
No one likes a bully, and Washington’s NATO puppets have been bullied for six decades. British prime ministers, German chancellors, and French presidents have to salute and say, “Yes, sir.” Continue reading
“V For Vendetta,” a film that portrays evil in a futuristic England as a proxy for the evil that exists today in America, ends with the defeat of evil. But this is a movie in which the hero has super powers. If you have not seen this film, you should watch it. It might wake you up and give you courage. The excerpts below show that, at least among some filmmakers, the desire for liberty still exists. Continue reading
It is hard to understand the fuss that Washington and its media whores are making over Edward Snowden. We have known for a long time that the National Security Agency (NSA) has been spying for years without warrants on the communications of Americans and people throughout the world. Photographs of the massive NSA building in Utah built for the purpose of storing the intercepted communications of the world have been published many times. Continue reading
One of the myths of economics is that markets are rational. Theories are based on this assumption, and the belief that markets are rational fuels the argument against regulation. The market response to the Federal Reserve’s June 19 statement that it will taper off its bond purchases if its forecast comes true is unequivocal proof that markets are irrational. Continue reading
On June 19, 2013, US President Obama, hoping to raise himself above the developing National Security Agency (NSA) spy scandals, sought to associate himself with two iconic speeches made at the Brandenburg Gate in Berlin. Continue reading
In the 21st century, the 200-year-old propaganda that the American people control their government has been completely shattered. Both the Bush and Obama regimes have made it unmistakably clear that the American people don’t even influence, much less control, the government. As far as Washington is concerned, the people are nothing but chaff in the wind. Continue reading
It has been public information for a decade that the US government secretly, illegally, and unconstitutionally spies on its citizens. Congress and the federal courts have done nothing about this extreme violation of the US Constitution and statutory law, and the insouciant US public seems unperturbed. Continue reading
The payroll jobs report for May released Friday continues the fantasy. Continue reading
When Gerald Celente branded the American media “presstitutes,” he got it right. The US print and TV media (and NPR) whore for Washington and the corporations. Reporting the real news is their last concern. The presstitutes are a Ministry of Propaganda and Cover-up. This is true of the entire Western media, a collection of bought-and-paid-for whores. Continue reading
When I was a graduate student in economics, the social cost of capitalism was a big issue in economic theory. Since those decades ago, the social costs of capitalism have exploded, but the issue seems no longer to trouble the economics profession. Continue reading
Have you ever wondered how the government’s misinformation gains traction? Continue reading
You know that gold bear market that the financial press keeps touting? The one George Soros keeps proclaiming? Well, it is not there. The gold bear market is disinformation that is helping elites acquire the gold. Continue reading
Over the past month there has been a statistically improbable concurrence of events that can only be explained as a conspiracy to protect the dollar from the Federal Reserve’s policy of Quantitative Easing (QE). Continue reading
There are many signs of gangster state America. One is the collusion between federal authorities and banksters in a criminal conspiracy to rig the markets for gold and silver. Continue reading
Over the last several years I have watched the rise of an important new intellect on the American scene. Ron Unz, publisher of The American Conservative, has demonstrated time and again the extraordinary ability to reexamine settled issues and show that the accepted conclusion was incorrect. Continue reading
The new president of Venezuela, Nicolas Maduro, is cast in Chavez’s mold. On May 4, he called US President Obama the “grand chief of devils.” Continue reading
Dave Kranzler of Golden Returns Capital declares the April payroll jobs report that was released on May 3 by the Bureau of Labor Statistics to be “fictitious.” Continue reading
Since the recession was officially declared to be over in June 2009, I have assured readers that there has been no recovery. Gerald Celente, John Williams (shadowstats.com), and no doubt others have also made it clear that the alleged recovery is an artifact of an understated inflation rate that produces an image of real economic growth. Continue reading
The United States government has been at war for eleven years. The US military destroyed Iraq, leaving the country and millions of lives in ruins and releasing sectarian blood-letting that had been kept in check by the secular Saddam Hussein government. On any given day in “liberated” Iraq, the death toll is as high as during the height of the US attempted occupation. Continue reading
I was the first to point out that the Federal Reserve was rigging all markets, not merely bond prices and interest rates, and that the Fed is rigging the bullion market in order to protect the US dollar’s exchange value, which is threatened by the Fed’s quantitative easing. With the Fed adding to the supply of dollars faster than the demand for dollars is increasing, the price or exchange value of the dollar is set up to fall. Continue reading
For Americans, financial and economic Armageddon might be close at hand. The evidence for this conclusion is the concerted effort by the Federal Reserve and its dependent financial institutions to scare people away from gold and silver by driving down their prices. Continue reading
In America truth is offensive. If you tell the truth, you are offensive. Continue reading
Over a decade during which the US economy was decimated by jobs offshoring, economists and other PR shills for offshoring corporations said that the US did not need the millions of lost manufacturing jobs and should be glad that the “dirty fingernail” jobs were gone. Continue reading
Prosecutors always expand laws far beyond their intent. Attorneys in civil cases do the same. For example, the 1970 Racketeer Influenced and Corrupt Organizations Act was passed in order to make it easier for the government to convict members of the Mafia. However, the law, despite its intent, was quickly expanded by prosecutors and attorneys and used in cases against pro-life activists, Catholic bishops, corporations accused of hiring illegal immigrants, and in divorce cases. “Junk bond king” Michael Milken, a person with no ties to organized crime, was threatened with indictment under the RICO Act. Prosecutors have found that the asset freeze provision in the Act is a convenient way to prevent a defendant from being able to pay attorneys and, therefore, makes it easier for prosecutors to coerce innocent defendants into a guilty plea. Continue reading
On March 5, 2013, Hugo Chavez, President of Venezuela and world leader against imperialism, died. Washington imperialists and their media and think tank whores expressed gleeful sighs of relief as did the brainwashed US population. An “enemy of America” was gone. Continue reading
The Bush regime’s response to 9/11 and the Obama regime’s validation of this response have destroyed accountable democratic government in the United States. So much unaccountable power has been concentrated in the executive branch that the US Constitution is no longer an operable document. Continue reading
In the 21st century Americans have experienced an extraordinary collapse in the rule of law and in their constitutional protections. Continue reading
Only in science fiction can humans escape the consequences of destroying their own habitat. In Robert A. Heinlein’s Time Enough For Love, the “Great Diaspora of the Human Race” began “more than two millennia ago” and has spread to more than “two thousand colonized planets.” The once “lovely green planet” Earth is a slum planet barely able to support life where only the poorest live, Earth’s natural capital having been consumed over two thousand years ago. Humans have found the ability to rejuvenate themselves and to live almost endless lives, but they are unable to rejuvenate the planets whose natural capital they devour. Humans have not encountered “one race as mean, as nasty, as deadly as our own.” As homo sapiens use up the environments of colonized planets, “human intergalactic colony ships are already headed out into the Endless Deeps,” leaving their ruins behind them. Continue reading
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Role reversal: How the US became the USSR
Posted on July 25, 2013 by Paul Craig Roberts
I spent the summer of 1961 behind the Iron Curtain. I was part of the US-USSR student exchange program. It was the second year of the program that operated under auspices of the US Department of State. Our return to the West via train through East Germany was interrupted by the construction of the Berlin Wall. We were sent back to Poland. The East German rail tracks were occupied with Soviet troop and tank trains as the Red Army concentrated in East Germany to face down any Western interference. Continue reading →