The Militarization of the Police Has Produced a Murder Machine

24th August 2014

(PaulCraigRoberts) - Update: Here is a report on the autopsy. http://rt.com/usa/181116-brown-presser-baden-preliminary-autopsy/ The facts directly contradict the false information police apologists are sending around the Internet. Note that the Missouri governor blamed the violence on the black community, not on the police who enraged the black community by gratuitously murdering a black teenager. One reader suggested that the macho goon thug cops with their military gear should be sent to Iraq where ISIS would cut them to ribbons. Read the rest of this entry »

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Defining Away Economic Failure

5th August 2014

(PaulCraigRoberts) - Last week’s government guesstimate that second quarter 2014 real GDP growth will be 4% seems nonsensical on its face. There is no evidence of increases in real median family incomes or real consumer credit that would lift the economy from a first quarter decline to 4% growth in the second quarter. Middle class store closings (Sears, Macy’s, J.C. Penney) have spread into the Dollar stores used by those with lower incomes. Family Dollar, a chain in the process of closing hundreds of stores is being bought by Dollar Tree, the only one of the three Dollar store chains that is not in trouble. Wal-Mart’s sales have declined for the past 5 quarters. Read the rest of this entry »

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Sanctions and Airliners

19th July 2014

Washington’s attitude toward Russia is formed by the Wolfowitz Doctrine

NOTE: Photos are now available of the wreckage from the Malaysian airliner crash. Notice the extensive debris and the large section of fuselage. You are observing remains of an airliner that was hit with a missile at 33,000 feet and fell to impact land. Remember, no such debris was present at the site where the airliner is alleged to have hit the Pentagon and at the alleged crash site in Pennsylvania of the 4th 9/11 hijacked airliner. Give that some thought. No doubt but that the 9/11 Commission will conclude that only Malaysian airliners leave debris.

(PaulCraigRoberts) - The unilateral US sanctions announced by Obama on July 16 blocking Russian weapons and energy companies access to US bank loans demonstrate Washington’s impotence. The rest of the world, including America’s two largest business organizations, turned their backs on Obama. The US Chamber of Commerce and the National Association of Manufacturers placed ads in the New York Times, Wall Street Journal, and Washington Post protesting US sanctions. NAM said that the manufacturer’s association is “disappointed that the US is extending sanctions in increasingly unilateral ways that will undermine US commercial engagement.” Bloomberg reported that “meeting in Brussels, leaders of the European Union refused to match the US measures.”

In attempting to isolate Russia, the White House Fool has isolated Washington. Read the rest of this entry »

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The Deteriorating Economic Outlook

11th July 2014

Deteriorating Economic Outlook

(IPE) - The third and final estimate (until the annual GDP revisions) of first quarter 2014 real GDP growth released June 25 by the US Bureau of Economic Analysis was a 2.9% contraction in GDP growth, a 5.5 percentage point difference from the January forecast of 2.6% growth. Apparently, the first quarter contraction was dismissed by those speculating in equities as weather related, as stock averages rose with the bad news.

Stock market participants might be in for a second quarter surprise. The result of many years of changes made to the official inflation measures is a substantially understated inflation rate. John Williams (www.shadowstats.com) provides inflation estimates based on previous official methodology when the Consumer Price Index still represented the cost of a constant standard of living. The 1.26% inflation measure used to deflate first quarter nominal GDP is unrealistic, as Americans who make purchases are aware. Read the rest of this entry »

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Washington’s Iraq “Victory”

16th June 2014

(PaulCraigRoberts) – The citizens of the United States still do not know why their government destroyed Iraq. “National Security” will prevent them from ever knowing. “National Security” is the cloak behind which hides the crimes of the US government.

George Herbert Walker Bush, a former Director of the Central Intelligence Agency who became President courtesy of being picked as Ronald Reagan’s Vice President, was the last restrained US President. When Bush the First attacked Iraq it was a limited operation, the goal of which was to evict Saddam Hussein from his annexation of Kuwait. Read the rest of this entry »

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More Phantom Jobs Created – All In The Wrong Places

10th June 2014

phantom jobs

Education is not the answer

(PaulCraigRoberts) - Last April I saw a report that 83% of May’s college graduates did not have a job. I remarked that in my day most of us had 2 or 3 job or graduate school offers before we graduated. The latest payroll jobs report issued on June 6 proves that the April report was true. 

My opinion, schooled in part by John Williams’ very precise reports on Shadowstats.com, is that on average about half of the new jobs each month are phantom jobs created by the birth-death model and inappropriate seasonal adjustments. So, I figured that the 217,000 jobs claimed for May are more like 108,000. Then I read John Williams’ report on the May jobs number: “Monthly payroll gains overstated by 200,000 plus jobs” 

In other words, there were zero new jobs in May.  Read the rest of this entry »

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What Obama Told Us At West Point

3rd June 2014

west point obama

(PaulCraigRoberts) - At West Point Obama told us, to the applause of West Point cadets, that “American exceptionalism” is a doctrine that justifies whatever Washington does. If Washington violates domestic and international law by torturing “detainees” or violates the Nuremberg standard by invading countries that have undertaken no hostile action against the US or its allies, “exceptionalism” is the priest’s blessing that absolves Washington’s sins against law and international norms. Washington’s crimes are transformed into Washington’s affirmation of the rule of law. Here is Obama in his own words:  Read the rest of this entry »

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The Fed Is The Great Deceiver

13th May 2014

fed tapering

(IPE) - 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 through January 2014 Belgium with a GDP of $480 billion purchased $141.2 billion of US Treasury bonds. Somehow Belgium came up with enough money to allocate during a 3-month period 29 percent of its annual GDP to the purchase of US Treasury bonds. Read the rest of this entry »

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Is the US or the World Coming to an End?

10th April 2014

(PaulCraigRoberts) - 2014 is shaping up as a year of reckoning for the United States.

world coming to an endImage: White House (Wiki Commons).

Two pressures are building on the US dollar. One pressure comes from the Federal Reserve’s declining ability to rig the price of gold as Western gold supplies shrivel and market knowledge of the Fed’s illegal price rigging spreads. The evidence of massive amounts of naked shorts being dumped into the paper gold futures market at times of day when trading is thin is unequivocal. It has become obvious that the price of gold is being rigged in the futures market in order to protect the dollar’s value from QE. Read the rest of this entry »

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Obama Issues Threats To Russia And NATO

7th April 2014

(PaulCraigRoberts) – The Obama regime has issued simultaneous threats to the enemy it is making out of Russia and to its European NATO allies on which Washington is relying to support sanctions on Russia. This cannot end well.

threats to russiaImage: Barack Obama (Wiki Commons).

As even Americans living in a controlled media environment are aware, Europeans, South Americans, and Chinese are infuriated that the National Stasi Agency is spying on their communications. Read the rest of this entry »

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Another Fraudulent Jobs Report

6th April 2014

fraudulent jobs report

(PaulCraigRoberts) - The March payroll jobs report released April 4 claims 192,000 new private sector jobs. Here is what John Williams has to say about the claim:

The Bureau of Labor Statistics (BLS) deliberately publishes its seasonally-adjusted historical payroll-employment and household-survey (unemployment) data so that the numbers are neither consistent nor comparable with current headline reporting. Read the rest of this entry »

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The Federal Reserve Has No Integrity

1st April 2014

(PaulCraigRoberts) - As we documented in previous articles, the gold price is driven down in the paper futures market by naked short selling by the Fed’s dependent bullion banks. Some people have a hard time accepting this fact even though it is known that the big banks have manipulated the LIBOR (London Interbank Overnight Rate – London’s equivalent of the Fed Funds rate) interest rate and the twice-daily London gold price fix. Read the rest of this entry »

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Western Looting Of Ukraine Has Begun

30th March 2014

(PaulCraigRoberts) - It is now apparent that the “Maiden protests” in Kiev were in actuality a Washington organized coup against the elected democratic government. The purpose of the coup is to put NATO military bases on Ukraine’s border with Russia and to impose an IMF austerity program that serves as cover for Western financial interests to loot the country. The sincere idealistic protesters who took to the streets without being paid were the gullible dupes of the plot to destroy their country. Read the rest of this entry »

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Pushing Toward The Final War

29th March 2014

(PaulCraigRoberts) - Does Obama realize that he is leading the US and its puppet states to war with Russia and China, or is Obama being manipulated into this disaster by his neoconservative speech writers and government officials? World War 1 (and World War 2) was the result of the ambitions and mistakes of a very small number of people. Only one head of state was actually involved–the President of France. Read the rest of this entry »

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Obama Regime’s Hypocrisy Sets New World Record

13th March 2014

obama regime

(PaulCraigRoberts) - From the moment that Washington launched its orchestrated coup in Kiev, Washington has been accusing Russia of “intervening in Ukraine.” This propaganda ploy succeeded. The Western presstitute media reported (nonexistent) Russian intervention to the exclusion of coverage of Washington’s obvious intervention. Read the rest of this entry »

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Obama Is Teaming Up With Neo-Nazis in Ukraine

4th March 2014

RELATED: Ukrainian Neo-Nazis Declare that Power Comes Out of the Barrels of their Guns

(Infowars) – In a recent interview on The Savage Nation with Michael Savage, Paul Craig Roberts explains how Washington’s pro-EU politicians are empowering neo-Nazis for the current coup in Ukraine:

You may read Roberts’ article related to this interview here.

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Ukrainian Neo-Nazis Declare that Power Comes Out of the Barrels of their Guns

27th February 2014

(IPE) - Reality on the ground in Ukraine contradicts the incompetent and immoral Obama regime’s portrait of Ukrainian democracy on the march.

Image: Ukraine Uprising (Wikimedia Commons).

To the extent that government exists in post-coup Ukraine, it is laws dictated by gun and threat wielding thugs of the neo-Nazi, Russophobic, ultra-nationalist, right-wing parties. Read the rest of this entry »

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Democracy Murdered By Protest — Ukraine Falls To Intrigue and violence

24th February 2014

(PaulCraigRoberts) - Who’s in charge? Certainly not the bought-and-paid-for-moderates that Washington and the EU hoped to install as the new government of Ukraine. The agreement that the Washington and EU supported opposition concluded with President Yanukovich to end the crisis did not last an hour.

Image: Ukraine Uprising (Wikimedia Commons).

Even the former boxing champion, Vitaly Klitschko, who was riding high as an opposition leader until a few hours ago has been booed by the rioters and shoved aside. Read the rest of this entry »

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Amerikan Stasi Police State Staring Us In The Face

20th February 2014

police state

American sheeple stick heads in the sand, pretend to be ostriches.

(IPE) - American taxpayers have built an entire city in Virginia so that the Pentagon, can practice occupying American cities and putting down protests by US citizens. This fake city is the training ground for the doctrine outlined in a leaked US Army document that describes how soldiers are to be trained to put down domestic disturbances and process prisoners through detainment camps where prisoners will be re-educated to appreciate US policies. Read the rest of this entry »

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The Five Criminals: In America The Gestapo Has Replaced The Rule Of Law

15th February 2014

gestapo

(IPE) - RT is the best English language news source available to Americans. On January 29, RT published a photo of 5 presidential appointees lying through their teeth to Congress.

All five of these Gestapo wannabes are in violation of their oath of office to protect the Constitution of the United States. Read the rest of this entry »

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Market Manipulations Become More Extreme, More Desperate

10th February 2014

market manipulation

(IPE) - In two recent articles we explained the hows and whys of gold price manipulation. The manipulations are becoming more and more blatant. On February 6 the prices of gold and stock market futures were simultaneously manipulated. Read the rest of this entry »

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Washington Destabilizes Ukraine – Paul Craig Roberts

8th February 2014

destabilizes ukraine

(IPE) - The control freaks in Washington think that only the decisions that Washington makes and imposes on other sovereign countries are democratic. No other country on earth is capable of making a democratic decision. Read the rest of this entry »

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Why is the Fed tapering?

31st January 2014

(ActivistPost) - On January 17, 2014, we explained “The Hows and Whys of Gold Price Manipulation.” In former times, the rise in the gold price was held down by central banks selling gold or leasing gold to bullion dealers who sold the gold. The supply added in this way to the market absorbed some of the demand, thus holding down the rise in the gold price. Read the rest of this entry »

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How Economists and Policymakers Murdered Our Economy

26th January 2014

(PCR) - 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 that the government protects from market discipline. Not only does QE distort bond and stock markets, it threatens the value of the dollar and has resulted in manipulation of the gold price. Read the rest of this entry »

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No Jobs For Americans – Paul Craig Roberts

11th January 2014

no jobs

(IPE) - The alleged recovery took a direct hit from Friday’s payroll jobs report. The Bureau of Labor Statistics reported that the economy created 74,000 net new jobs in December. Read the rest of this entry »

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The Case of the Missing Recovery – Paul Craig Roberts

5th January 2014

(PCR) - Have you seen the economic recovery? I haven’t either. But it is bound to be around here somewhere, because the National Bureau of Economic Research spotted it in June 2009, four and one-half years ago.

It is a shy and reclusive recovery, like the “New Economy” and all those promised new economy jobs. I haven’t seen them either, but we know they are here, somewhere, because the economists said so. Read the rest of this entry »

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Manipulations Rule The Markets – Paul Craig Roberts

21st December 2013

(PCR) - The Federal Reserve’s announcement on December 18 that beginning in January its monthly purchases of mortgage-backed financial instruments and US Treasury bonds would each be cut by $5 billion is puzzling, as is the financial press’s account of the market’s response. Read the rest of this entry »

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Washington Has Discredited America

20th December 2013

(PaulCraigRoberts) - Years ago when I described the George W. Bush regime as a police state, right-wing eyebrows were raised. When I described the Obama regime as an even worse police state, liberals rolled their eyes. Alas! Now I am no longer controversial. Everybody says it. Read the rest of this entry »

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The Money Changers Serenade: A New Plot Hatches

1st December 2013

(PCR) - Former Treasury Secretary Timothy Geithner, a protege of Treasury Secretaries Rubin and Summers, has received his reward for continuing the Rubin-Summers-Paulson policy of supporting the “banks too big to fail” at the expense of the economy and American people. For his service to the handful of gigantic banks, whose existence attests to the fact that the Anti-Trust Act is a dead-letter law, Geithner has been appointed president and managing director of the private equity firm, Warburg Pincus and is on his way to his fortune. Read the rest of this entry »

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The Kennedy Assassination (November 22, 1963) 50 Years Later – Paul Craig Roberts

23rd November 2013

(PCR) - November 22, 2013, is the 50th anniversary of the assassination of President John F. Kennedy. The true story of JFK’s murder has never been officially admitted, although the conclusion that JFK was murdered by a plot involving the Secret Service, the CIA, and the Joint Chiefs of Staff has been well established by years of research, such as that provided by James W. Douglass in his book, JFK And The Unspeakable, published by Simon & Schuster in 2008. Ignore Douglass’ interest in the Trappist monk Thomas Merton and Merton’s prediction and focus on the heavily documented research that Douglass provides. Read the rest of this entry »

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Ignored Reality Is Going To Wipe Out the Human Race – Paul Craig Roberts

5th November 2013

(RiseEarth) - To inform people is hard slugging. Everything is lined up against the public being informed, or the policymakers for that matter. News is contaminated by its service to special interests and hidden agendas. Many scientists or their employers are dependent on federal money. Even psychologists and anthropologists were roped into the government’s torture and occupation programs. Economists tell lies for corporations and Wall Street. Read the rest of this entry »

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A Potpourri of Exciting Reading – Paul Craig Roberts

20th October 2013

The Man Who Usurped The Constitution

(PCR) – Just as you think the Republicans have destroyed themselves with their government
shutdown/default antics, along comes Obama and appoints a fascist murderer head of
Homeland Security. Read the rest of this entry »

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Whatever Became Of Western Civilization? – Paul Craig Roberts

15th October 2013

(PCR) – Not that long ago government and free market proponents were at sword’s point, but no more. With little left in the private sector to rip off, the financial gangsters have turned to the public sector and put to work for them the free market economists’ advocacy of privatization. Governments themselves became part of the conspiracy once the politicians realized that looting public assets was an efficient way to reward their private benefactors. Read the rest of this entry »

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A Caesar In Our Future? – Paul Craig Roberts

10th October 2013

What Happens If The Shutdown Causes The Treasury To Run Out Of Money?

(PCR) – In a speech to the Commonwealth Club, San Francisco, November 23, 2010, Peter Dale Scott gave a history of the various directives concerned with government continuity during a state of emergency. He showed that these directives could be used to supersede the Constitution. Read the rest of this entry »

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Washington’s Tyranny – Paul Craig Roberts

24th September 2013

(IPE) – The war criminal barack obama has declared his “outrage” over the 62 deaths associated with the takeover of a Nairobi, Kenya, shopping mall by al-Shabaab fighters. But the attack on the shopping mall was obama’s fault. Al Shabaab spokesmen said that the attack on the Nairobi mall was a retaliatory response to the Kenyan troops sent to fight against them in Somalia. The Kenyan troops, of course, were sent to Somalia as a result of pressure from Washington. Read the rest of this entry »

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