If there were any doubts that Western “leaders” live in a fantasy make-believe world constructed out of their own lies, the G-7 meeting and 70th anniversary celebration of the Normandy landing dispelled the doubts. The…
Tag: Assistant Secretary
If there were any doubts that Western “leaders” live in a fantasy make-believe world constructed out of their own lies, the G-7 meeting and 70th anniversary celebration of the Normandy landing dispelled the doubts. The…
Is the Fed “tapering”? Did the Fed really cut its bond purchases during the three month period November 2013 through January 2014? Apparently not if foreign holders of Treasuries are unloading them. From November 2013…
Federal Reserve Bank of New York 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…
On the 100th Anniversary of World War 1, the Western powers are again sleepwalking into destructive conflict. Hegemonic ambition has Washington interfering in the internal affairs of Ukraine, but developments seem to be moving beyond…
People ask for solutions, but no solutions are possible in a disinformed world. Populations almost everywhere are dissatisfied, but few have any comprehension of the real situation. Before there can be solutions, people must know the truth about the problems. For those few inclined to be messengers, it is largely a thankless task. The assumption that man is a rational animal is incorrect. He and she are emotional creatures, not Dr. Spock of Star Trek. Humans are brainwashed by enculturation and indoctrination. Patriots respond with hostility toward criticisms of their governments, their countries, their hopes and their delusions. Their emotions throttle facts, should any reach them. Aspirations and delusions prevail over truth. Most people want to be told what they want to hear. Consequently, they are always gullible and their illusions and self-delusions make them easy victims of propaganda. This is true of all levels of societies and of the leaders themselves. We are witnessing this today in western Ukraine where a mixture of witless university students, pawns in Washington’s drive for world hegemony, together with paid protesters and fascistic elements among ultra-nationalists are bringing great troubles upon Ukraine and perhaps a deadly war upon the world.
On January 17, 2014, we explained “The Hows and Whys of Gold Price Manipulation.”http://www.paulcraigroberts.org/2014/01/17/hows-whys-gold-price-manipulation/ In former times, the rise in the gold price was held down by central banks selling gold or leasing gold to…
The economy has been debilitated by the offshoring of middle class jobs for the benefit of corporate profits and by the Federal Reserve’s policy of Quantitative Easing in order to support a few oversized banks…
Coup d’etat The American people have suffered a coup d’etat, 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…
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. America, we were told, was moving upscale. Our new role in the world economy was to innovate and develop the new products that the dirty fingernail economies would produce. The money was in the innovation, they said, not in the simple task of production. As I consistently warned, the “high-wage service economy based on imagination and ingenuity” that Harvard professor and offshoring advocate Michael Porter promised us as our reward for giving up dirty fingernail jobs was a figment of Porter’s imagination.