Paul Craig Roberts Archive
Paul Craig Roberts was Assistant Secretary of the Treasury for Economic Policy and associate editor of The Wall Street Journal. He was columnist for Business Week, Scripps Howard News Service, and Creators Syndicate. He has had many university appointments. His Internet columns have attracted a worldwide following, and can be accessed here. Email this author.
Government is complicit in the price suppression and manipulation of gold and silver and welcomes the insider trading that helps to achieve this result. The conclusion is inescapable: If illegality benefits the machinations of the U.S. government, the U.S. government is all for illegality.
Massive money creation and huge fiscal deficits have protected the balance sheets of “banks too big to fail” but have harmed the American people. Retirees and pension funds have been deprived for years of interest income as the Federal Reserve engineered zero or negative interest rates.
In my day, if an experienced professor of international and Constitutional law such as University of Illinois Professor Francis A. Boyle called for impeachment of a President, it was a serious situation for the President. But no more.
Just as the U.S government falsely claims that Russia invaded Ukraine and annexed Crimea, that Saddam Hussein had weapons of mass destruction, that Assad used chemical weapons on Syrians, and so forth and so on, the 6.3 percent unemployment rate is just another government lie.
The U.S. economy is a house of cards. Every aspect of it is fraudulent, and the illusion of recovery is created with fraudulent statistics. American capitalism itself is an illusion. All financial markets are rigged. Massive liquidity poured into financial markets by the Federal Reserve’s quantitative easing inflates stock and bond prices and drives interest […]
The Obama regime, wallowing in hubris and arrogance, has recklessly escalated the Ukrainian crisis into a crisis with Russia. Whether intentionally or stupidly, Washington’s propagandistic lies are driving the crisis to war. Unwilling to listen to any more of Washington’s senseless threats, Moscow no longer accepts telephone calls from Obama and U.S. top officials.
I doubt that the Ukraine crisis precipitated by Washington’s overthrow of the democratic government is over. Washington has won the propaganda war everywhere outside of Russia and Ukraine itself.
A number of confirmations have come in from readers that Washington is fueling the violent protests in Ukraine with our taxpayer dollars. Washington has no money for food stamps or to prevent home foreclosures, but it has plenty of money with which to subvert Ukraine.
Five Gestapo wannabes told Congress that Edward Snowden, who is under the protection of the Russian government, must be made to give back the evidence of National Security Agency spying on the entire world.
Years ago when I described the George W. Bush regime as a police state, right-wing eyebrows were raised. When I described the Barack Obama regime as an even worse police state, liberals rolled their eyes. Alas! Now I am no longer controversial. Everybody says it.