By: Paul Craig Roberts|29 March, 2009|Categories: Articles & Columns|Tags: fact of the matter . income differences . income distribution
Obama and his public relations team have made it appear that his trillion dollars in higher taxes will fall only on “the rich.” Obama stresses that his tax increase is only for the richest 5 percent of Americans while the other 95 percent receive a tax cut. The fact of the matter is that the income differences within the top…
Read more »By: Paul Craig Roberts|19 March, 2009|Categories: Articles & Columns|Tags: Before . Launching . Lifeboats . Ship . Sinks
On March 19 the New York Times reported: “The Fed said it would purchase an additional $750 billion worth of government-guaranteed mortgage-backed securities, on top of the $500 billion that it is currently in the process of buying. In addition, the Fed said it would buy up to $300 billion worth of longer-term Treasury securities over the next six months.”…
Read more »By: Paul Craig Roberts|17 March, 2009|Categories: Articles & Columns|Tags: paul craig roberts poland missile defense
<b style="mso-bidi-font-weight: normal”>”I do not believe the National Intelligence Council could function effectively while its chair was under constant attack by unscrupulous people with a passionate attachment to the views of a political faction in a foreign country. <b style="mso-bidi-font-weight: normal”>”The tactics of the Israel Lobby plumb the depths of dishonor and indecency and include character assassination, selective misquotation, the…
Read more »By: Paul Craig Roberts|10 March, 2009|Categories: Articles & Columns|Tags: why is it a greater crime to witness an injustice
Ronald Cotton spent 11 years in prison because Jennifer Thompson provided eye witness testimony that he was the person who raped her. On March 9, National Public Radio revisited the story. It turned out that Thompson was completely wrong, DNA evidence indicated that it was not Cotton but another man who had bragged about the rape. Thompson asked Cotton for…
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