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.
Since 2006, the U.S. dollar has experienced a one-quarter to one-third drop in value to the Chinese yuan, depending on the choice of base. Now China is going to let the dollar decline further in value. The dollar’s role as reserve currency is coming to an end.
Many people are asking what can be done to stop the pending U.S. attack on Syria. Two things can be done: The U.S. Congress can realize that it does not save America’s face for Congress to endorse a policy that has been rejected by the rest of the world and world governments can make it clear to Washington that the U.S. government is not above the law and will be held accountable.
There’s the old saying that if the government fears the people, there is liberty; but if the people fear the government, there is tyranny. The criminals in Washington not only do not fear us, they do not respect us. Washington looks upon Americans as stupid sheeple.
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 U.S. Constitution is a mere “scrap of paper.”
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.” They all hate it, but they love Washington’s money; so they prostitute themselves and their countries for Washington’s money.
The gangster government in Washington that has everything to hide is now in the National Security Agency’s hands and will follow orders. The pretense that amerika is a democracy responsible to the people has been exposed. The United States is run by and for the NSA.
The United States government has been at war for 11 years. The U.S. 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 U.S. attempted occupation.
According to the Bureau of Labor Statistics, the U.S. economy created 236,000 new jobs in February. If you believe that, I have a bridge in Brooklyn that I’ll let you have at a good price.
Republicans and conservative Americans are still fighting Big Government in its welfare state form. Apparently, they have never heard of the militarized police state form of Big Government; or, if they have, they are comfortable with it and have no objection.
Statistician John Williams (shadowstats.com) calls the government’s latest jobs and unemployment reports “nonsense numbers.” The rate of unemployment you read in the news is one-third the actual rate.