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Paul Craig Roberts
Institute for Political Economy
The Outlook for the New Year
In March 2010 when I resigned from my column with Creator’s Syndicate and put down my pen, I received so many protests from readers that two months later I began writing again. This renewed activity has resulted in this new year in a website of my own. My columns will first appear on my site. Sites on which readers are…
Read more »The Greatest Gift For All
Christmas is a time of traditions. If you have found time in the rush before Christmas to decorate a tree, you are sharing in a relatively new tradition. Although the Christmas tree has ancient roots, at the beginning of the 20th century only 1 in 5 American families put up a tree. It was 1920 before the Christmas tree became…
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The Obama Regime Has No Constitutional Scruples
During an interview with RT on December 1, I said that the US Constitution had been shredded by the failure of the US Senate to protect American citizens from the detainee amendment sponsored by Republican John McCain and Democrat Carl Levin to the Defense Authorization Bill. The amendment permits indefinite detention of US citizens by the US military. I also…
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Bankers have seized Europe – Goldman Sachs Has Taken Over
On November 25, two days after a failed German government bond auction in which Germany was unable to sell 35% of its offerings of 10-year bonds, the German finance minister, Wolfgang Schaeuble said that Germany might retreat from its demands that the private banks that hold the troubled sovereign debt from Greece, Italy, and Spain must accept part of the…
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The Roads To War And Economic Collapse
November 23, 2011: The day before the Thanksgiving holiday brought three extraordinary news items. One was the report on the Republican presidential campaign debate. One was the Russian President’s statement about his country’s response to Washington’s missile bases surrounding his country. And one was the failure of a German government bond auction. As the presstitute media will not inform us…
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Americans: Awash In Spin
I have come to the conclusion that Big Brother’s subjects in George Orwell’s 1984 are better informed than Americans. Americans have no idea why they have been at war in the Middle East, Asia and Africa for a decade. They don’t realize that their liberties have been supplanted by a Gestapo Police State. Few understand that hard economic times are…
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The Latest Orchestrated Threat and The End of History
Have you ever before heard of the Haqqanis? I didn’t think so. Like Al Qaeda, about which no one had ever heard prior to 9/11, the “Haqqani Network” has popped up in time of need to justify America’s next war—Pakistan. President Obama’s claim that he had Al Qaeda leader Osama bin Laden exterminated deflated the threat from that long-serving…
Read more »Totally Corrupt America
Last March I reviewed Matt Taibbi’s important book Griftopia, an entertaining account of the through-going financial fraud that gave us the financial crisis. http://www.vdare.com/print/13156 Taibbi shows that the US “superpower” can match any third world backwater in the magnitude of greed and fraud that is endemic in business and government. I would not be surprised if Taibbi’s book motivated the…
Read more »Stuck Pigs (and Presstitutes) Squeal
As an economist I have never had much patience with Paul Krugman’s economics, stuck as he is in 1940s-era Keynesian demand-side economics. I have sometimes concluded that Krugman had rather denounce Ronald Reagan that to acknowledge that supply-side economists have established that fiscal policy has supply-side, not just demand-side, effects. However, Krugman does display at times a moral conscience. He…
Read more »The Suicide of Liberty
Pat Buchanan’s latest book, Suicide of a Superpower, raises the question whether America will survive to 2025. The question might strike some readers as unduly pessimistic and others as optimistic. It is unclear whether the US, as we have known it, will survive its next presidential election. Consider the candidates. Liberal law professor Jonathan Turley, who was likely to have…
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9/11 Truth Critics: Do They Have A Case?
The short answer to the question in the title is no. The 9/11 truth critics have nothing but ad hominem arguments. Let’s examine the case against the truthers presented by Ted Rall, Ann Barnhardt, and Alexander Cockburn. But first let’s define who the truthers are. The Internet has made it possible for anyone to have a web site and to…
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Does 9/11 Truth Have A Chance?
In the US on September 11, 2011, the tenth anniversary of 9/11, politicians and their presstitute media presented Americans with “A Day of Remembrance,” a propaganda exercise that hardened the 9/11 lies into dogma. Meanwhile, in Toronto, Canada, at Ryerson University the four-day International Hearings on the Events of September 11, 2001, came to a close at 5pm. During the…
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The Day America Died
September 3, 2011 was the day America was assassinated. Some of us have watched this day approach and have warned of its coming, only to be greeted with boos and hisses from “patriots” who have come to regard the US Constitution as a device that coddles criminals and terrorists and gets in the way of the President who needs to…
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Labor's Demise As A Countervailing Power
It is Labor Day weekend, 2011, but labor has nothing to celebrate. The jobs that once gave American workers a stake in capitalism have left and gone away. Corporations in pursuit of near-term profits have moved labor’s jobs to China, India, Indonesia, Taiwan, South Korea and Eastern Europe. Labor arbitrage, that is, the substitution of foreign labor that is paid…
Read more »The Last Whistleblower
Bob and Darin were on a panel together discussing banalities in generalities, as is the usual case. If either had said anything meaningful on the subject, the moderator would have cut him off. Bob didn’t know Darin. He was introduced as a former CIA official. Bob had heard back in those days when he was on the Congressional Budget Committee…
Read more »In America The Rule Of Law Is Vacated
With bank fraudsters, torturers, and war criminals running free, the US Department of Justice (sic) has nothing better to do than to harass the famous Tennessee guitar manufacturer, Gibso , arrest organic food producers in California and send 12 abusive FBI agents armed with assault rifles to bust down yet another wrong door of yet another innocent family, leaving parents,…
Read more »The Last Whistleblower–A Story
Bob and Darin were on a panel together discussing banalities in generalities, as is the usual case. If either had said anything meaningful on the subject, the moderator would have cut him off. Bob didn’t know Darin. He was introduced as a former CIA official. Bob had heard back in those days when he was on the Congressional Budget Committee…
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