Support your website   Reflections My Time in the Reagan Administration PAUL CRAIG ROBERTS Paul Craig Roberts, who played a crucial role in enacting the tax cuts of the 1980s and in forging the political emergence of supply-side economics, reflects on his experience in Washington. He emphasizes that intra-party power struggles, not economics, are the main influence on policy.  —…

Steven Starr is an expert knowledgeable about high-altitude electromagnetic pulse (EMP).  His analysis leads him to the conclusion that an opponent doesn’t need large numbers of nuclear weapons to destroy the United States.  Three will suffice. Starr’s analysis will be considered controversial, because it shows EMP to be a grave risk to the safety of nuclear power plants. The Nuclear…

A Trump-Putin Accord? Paul Craig Roberts Why is it that American liberal Democrats and Europeans are so disturbed that Trump is moving the United States toward normal relations with Russia instead of maintaining a hostile approach to Russia based on proxy wars, sanctions, and endless propaganda?  We know why the think tanks and university faculties supported by the military/security complex…

The Arbitrary Hypocrisy of American “Justice” Paul Craig Roberts US Democrat Senator Bob Menendez, Chairman of the Senate Foreign Relations Committee was sentenced to eleven years in prison by federal district judge Sidney Stein for acting as an illegal agent for Egypt and accepting cash and gold bars as payment. How does this differ from the $1,417,811 bribe that Big…

An Economic Lesson for President Trump Paul Craig Roberts  President Trump’s economic proposals, with one exception, constitute a coherent package.  I will address his proposals in a later column.  Today I address his bad idea that would cause the failure of Trump’s renewal of the American economy. That bad idea is H-1B and L-1 work visas. For the past three…

Children of the wrongly convicted J6 political prisoners pardoned by Trump Paul Craig Roberts     MOV_5228   Dear Reader, Try to imagine what kind of a piece of shit would imprison a father of a young child because he attended a political rally in support of a president whose re-election had been openly, blatantly stolen from the American people.…

The Folly and Illegality of Sanctions Paul Craig Roberts I am being asked if the issuance by the dreadful Biden regime of a new package of sanctions against Russian oil exports are a gift to the incoming Trump  presidency or a poisoned chalice. My answer is neither.  The sanctions, if the incoming Trump regime leaves them in place, are a…

No Longer Sustained by Education, Western Humanity Is in Death Throes  Paul Craig Roberts Universities no longer produce educated people, and educated people are ceasing to exist. It is an interesting question, not to be discussed here, whether the disappearance of educated people is cause or result of the rise in barbarity that is engulfing the world. Wherever one looks…

Here are the Democrat total vote count figures for the last six elections: 2004 Kerry – 59M 2008 Obama – 69.5M 2012 Obama – 65.9M 2016 Clinton – 65.9M 2020 Biden – 81.3M 2024 Harris – 66.4M Notice anything?   The 2020 President Election Was Stolen Paul Craig Roberts The despicable whores called “fact checkers,” who prostitute themselves by telling…

Republicans seem to be content with law used against them as a weapon Paul Craig Roberts This is a prosecutor who weaponized law: The Democrats’ “Special Counsel” Jack Smith is so openly interfering in the November Presidential election that even the Trump-hating New York Times has called him to account. A trump critic, Harvard Law School professor Jack Goldsmith, wrote…

Harvard comes in dead last in nationwide free speech rankings Paul Craig Roberts This is the second consecutive year that Harvard was found to be the worst college or university for free speech. Its climate of free speech was deemed to be “abysmal.” https://www.boston.com/news/local-news/2024/09/05/harvard-comes-in-dead-last-in-nationwide-free-speech-rankings/?s_campaign=Email:BComTonight&SUBID=b482944a5d&AUDID=30689078 Harvard, once a great university, is now nothing but a shithole indoctrination center. More money is…

List updated Sept 8 I am Proud of my Readers For me the reward from the website is the intelligent readers. You provide an escape from American insouciance. Thank you for responding to my question about who we should expect to find on the Ruling Establishment’s list of those to be silenced or exterminated. We all know, of course, that…

The Economic Situation of the West Paul Craig Roberts Once upon a time America had a capitalist economy. Bank deposits were used for loans that expanded productive ability. America produced its own goods and grew its own food. America’s currency was backed by gold and inflation was nonexistent. New technology brought into play by new investment improved the productivity of…

Will Washington’s Latest Sanctions Have Unintended Consequences? Paul Craig Roberts I have not paid close attention to the details of the sanctions Washington has imposed on Russia and on other countries that deal with Russia in sanctioned items, which in my impression are largely military related items. My view has been that the sanctions have been good for Russia by…

China Sells Off Record Amount of Dollar Assets https://sputnikglobe.com/20240518/china-sells-off-record-amount-of-dollar-assets-as-us-remains-the-worlds-bully-1118514205.html Paul Craig Roberts As I pointed out on May 16 — https://www.paulcraigroberts.org/2024/05/16/the-west-has-an-illiterate-financial-press/ — when foreign central banks redeem their US dollar denominated reserves such as US Treasuries, they are paid in dollars. They sell the Treasuries because they are getting out of dollar reserves. As they don’t want the Treasuries, they…

The West Has an Illiterate Financial Press Paul Craig Roberts The entire the financial press has zero understanding of basic economics. The financial “journalists” just print press releases. The US debt has never mattered, because the US dollar is the world reserve currency. That means US debt is the reserves of the world’s central banks. If US debt rises, so…

The Real Debt Problem Paul Craig Roberts Someone sent me an article from something called Patriot Alerts, “Morgan Stanley Sounds Alarm On ‘Death Of US Dollar.’” The death of the US dollar is not blamed on the Federal Reserve printing trillions of new fiat currency during the years of Quantitative Easing in order to bail out the difficulties of the…