US Economy Is A House Of Cards Paul Craig Roberts The US economy is a house of cards. Every aspect of it is fraudulent, and the illusion of recovery is created with fraudulent statistics. American capitalism itself is an illusion. All financial markets are rigged. Massive liquidity poured into financial markets by the Federal Reserve’s Quantitative Easing inflates stock and bond prices and drives interest...

 RIA Novosti World Russia to Benefit From 'Gratuitous Propaganda' of Fresh US Sanctions 23:23 28/04/2014 WASHINGTON, April 28 (RIA Novosti), Lyudmila Chernova A new round of sanctions announced by the White House will have unintended consequences and only benefit Russia, former Assistant Secretary of the Treasury Paul Craig Roberts told RIA Novosti Monday. “The sanctions are nothing but gratuitous propaganda. Obama himself acknowledged that...

Moving Closer To War Paul Craig Roberts The Obama regime, wallowing in hubris and arrogance, has recklessly escalated the Ukrainian crisis into a crisis with Russia. Whether intentionally or stupidly, Washington’s propagandistic lies are driving the crisis to war. Unwilling to listen to any more of Washington’s senseless threats, Moscow no longer accepts telephone calls from Obama and US top officials. The crisis in Ukraine...

Washington’s Corruption and Mendacity Is What Makes America “Exceptional” -- Paul Craig Roberts World events permitting, I am going to take a few days off. Many of you write to me asking for financial advice or for explanations of the pros and cons of different investments. I don’t give financial advice and cannot answer such a large number of individual inquiries. However, I can call...

Privatization Is A Ramp For Corruption and Insouciance Is a Ramp for War The New York Times has acquired a new Judith Miller Paul Craig Roberts Libertarian ideology favors privatization. However, in practice privatization is usually very different in result than libertarian ideology postulates. Almost always, privatization becomes a way for well-connected private interests to loot both the public purse and the general welfare. Most...

Dave Kranzler reports on the latest manipulation of the gold price Shortly after the Shanghai gold market closed last night, the market manipulators went to work on the gold price. Gold was taken down another $20 during the morning trading in London, primarily in three HFT trading induced “mini flash crashes.” There were not any related news reports or events that would have triggered the...

Guest Column by Ron Unz Is Economic Theory A Tool Of The Rich? Ron Unz created momentum for raising the minimum wage. One consequence of Unz leading this fight was to smoke out free market economists and show that their economics serves as a justification for enormous earnings for the rich who are in control and minimal earnings for everyone else. Unz shows that one...

Washington Drives The World To War Paul Craig Roberts The CIA director was sent to Kiev to launch a military suppression of the Russian separatists in the eastern and southern portions of Ukraine, former Russian territories for the most part that were foolishly attached to the Ukraine in the early years of Soviet rule.  Washington's plan to grab Ukraine overlooked that the Russian and Russian-speaking parts...

PCR interviewed by King World News Will Washington Succumb to Self-inflicted Injuries? http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2014/4/13_Dr._Paul_Craig_Roberts.html

Washington Is Humanity’s Worst Enemy Paul Craig Roberts How does Washington get away with the claim that the country it rules is a democracy and has freedom? This absurd claim ranks as one of the most unsubstantiated claims in history. There is no democracy whatsoever. Voting is a mask for rule by a few powerful interest groups. In two 21st century rulings (Citizens United and...