Greece’s Lesson For Russia Paul Craig Roberts “Greece’s debt can now only be made sustainable through debt relief measures that go far beyond what Europe has been willing to consider so far.” — International Monetary Fund Greece’s lesson for Russia, and for China and Iran, is to avoid all financial relationships with the West. The West simply cannot be trusted.…

Greece: Sound and Fury Signifying Much Paul Craig Roberts All of Europe, and insouciant Americans and Canadians as well, are put on notice by Syriza’s surrender to the agents of the One Percent. The message from the collapse of Syriza is that the social welfare system throughout the West will be dismantled. The Greek prime minister Alexis Tsipras has agreed…

Pentagon Concludes America Not Safe Unless It Conquers The World Paul Craig Roberts The Pentagon has released its “National Military Strategy of the United States of America 2015,” June 2015. http://news.usni.org/2015/07/02/document-2015-u-s-national-military-strategy The document announces a shift in focus from terrorists to “state actors” that “are challenging international norms.” It is important to understand what these words mean. Governments that challenge…

Are Big Banks Using Derivatives To Suppress Bullion Prices? Paul Craig Roberts and Dave Kranzler We have explained on a number of occasions how the Federal Reserve’s agents, the bullion banks (principally JPMorganChase, HSBC, and Scotia) sell uncovered shorts (“naked shorts”) on the Comex (gold futures market) in order to drive down an otherwise rising price of gold. By dumping…

Nuclear Agreement With Iran Paul Craig Roberts Washington’s issue with Iran has never been Iran’s nuclear energy program. The notion pushed by the neoconservatives that Iran only had a nuclear energy program (5% uranium enrichment) in order to hide a nuclear weapons program (95+% enrichment) was always a cover for Washington’s real opposition to Iran and Washington’s real agenda. From…

Greece And The EU Situation Paul Craig Roberts I doubt that there will be a Greek exit. The Greek referendum, in which the Greek government’s position easily prevailed, tells the troika (EU Commission, European Central Bank, IMF, with of course Washington as the puppet master) that the Greek people support their government’s position that the years of austerity to which…

Congress Should Protect Itself From The Executive Branch Paul Craig Roberts Gary Hart was a good senator, an independent person. Consequently, he was eliminated with a sexual scandal. The woman was a ten, and the powers that be got rid of Hart. Better to go that way than with an airplane crash or a frame-up that leads to prison like…

Greeks Vote NO To EU-Imposed Austerity Paul Craig Roberts With 90% of the votes counted, the Greek people have voted 61% to 39% against accepting the latest round of austerity that the EU is trying to impose on the Greek people for the benefit of the One Percent. What is amazing is that 39% voted for the One Percent against…

Greece and Other Musings On July 4th Paul Craig Roberts If you become stuck in a boring July 4 hot air speech, distract yourself with this question: Are the values that Western civilization allegedly represents still extant? You don’t need to get heavy into philosophy. See if you can find any of the professed values reflected in current events. For…

Sunday’s Vote Will Determine Liberty Or Serfdom Paul Craig Roberts According to history books, democracy originated in Greece. Of course, historians could be mistaken, but this is the prevailing view among Western populations with enough awareness to be interested to know. What we are witnessing today, July 2, 2015, is that after 2,500 years in the Western World only the…

Greece Again Can Save The West Paul Craig Roberts Like Marathon, Thermopylae, Plateau and Mycale roughly 2,500 years ago, Western freedom again depends on Greece. Today Washington and its empire of European vassal states are playing the part of the Persian Empire, and belatedly the Greeks have formed a government, Syriza, that refuses to submit to the Washington Empire. Few…

In the Western World Capitalism Has Devolved Into Looting Paul Craig Roberts …when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you–when you see corruption being rewarded and honesty becoming a self-sacrifice–you may know that your society is doomed.   –  Ayn Rand,…

Sovereignty or Imperialism? On September 5, 2009 I addressed an international conference in Austria on the subject of Europe’s subordination to the US and, thus, the absence of any constructive criticism of US foreign and domestic policies. Karel van Wolferen, whose website is http://www.karelvanwolferen.com, kindly reminded me of my address to the conference when he he sent it to me…

Are Armenian Protests Aimed At Russia? Paul Craig Roberts As I expected, protests have broken out in the capital of Armenia. The pretext is a rise in electricity rates. Apparently, the rise was not budget-breaking, which puts the pretext under suspicion. Moreover, videos of the protesters show an overwhelming young component, which suggests that the protesters are not the ones…

Dear Friends, I appreciate your response to my quarterly request for donations. I need for a few more readers to step forward. PCR Greek Democracy Is Failing Paul Craig Roberts The Greek debt is unpayable. It is simply too large to be repaid. The austerity that the EU and IMF have imposed on Greece has worsened the problem by driving…

To Fight Or Not To Fight: That Is Our Question Paul Craig Roberts This is my quarterly request for your financial support. Whether this website continues is your decision. Being a writer who attempts to discern and to tell the truth is both encouraging and discouraging. It is encouraging that some of you make monthly donations in support of the…

Trump for President? Paul Craig Roberts Perhaps it has occurred to you as it has to me that the United States is no longer capable of producing political leadership. In the current issue of Trends Journal, Gerald Celente describes the eight candidates (at the time he went to press) for the US presidential nomination as “Liars, cowards, freaks & fools.”…

Paul Craig Roberts’ address to the Conference on the European/Russian Crisis, Delphi, Greece, June 20-21, 2015 
Paul Craig Roberts, formerly Assistant Secretary of the US Treasury for Economic Policy, Associate Editor, Wall Street Journal, Senior Research Fellow, Stanford University, William E. Simon Chair in Political Economy, Center for Strategic and International Studies, Georgetown University, Washington, D.C. The United States has…

Starvation Is The Price Greeks Will Pay For Remaining In The EU Paul Craig Roberts Syriza, the new Greek government that intended to rescue Greece from austerity, has come a cropper. The government relied on the good will of its EU “partners,” only to find that its “partners” had no good will. The Greek government did not understand that the…