Stasi in the White House Paul Craig Roberts, June 21, 2013 On June 19, 2013, US President Obama, hoping to raise himself above the developing National Security Agency (NSA) spy scandals, sought to associate himself with two iconic speeches made at the Brandenburg Gate in Berlin. Fifty years ago, President John F. Kennedy pledged: “Ich bin ein Berliner”. In 1987, President Ronald Reagan challenged: “Mr....

The Rational Market Myth armageddon without nukes Paul Craig Roberts One of the myths of economics is that markets are rational. Theories are based on this assumption, and the belief that markets are rational fuels the argument against regulation. The market response to the Federal Reserve’s June 19 statement that it will taper off its bond purchases if its forecast comes true is unequivocal proof...

Washington Is Insane Paul Craig Roberts In the 21st century the two hundred year-old propaganda that the American people control their government has been completely shattered. Both the Bush and Obama regimes have made it unmistakenly clear that the American people don’t even influence, much less control, the government. As far as Washington is concerned, the people are nothing but chaff in the wind. Polls...

What is the Government’s Agenda? Paul Craig Roberts It has been public information for a decade that the US government secretly, illegally, and unconstitutionally spies on its citizens. Congress and the federal courts have done nothing about this extreme violation of the US Constitution and statutory law, and the insouciant US public seems unperturbed. In 2004 a whistleblower informed the New York Times that the...

June 7, 2013. The payroll jobs report for May released today continues the fantasy. Goods producing jobs declined, with manufacturing losing another 4,000 jobs, but the New Economy produced 179,000 service jobs. Are these jobs the high-powered, high-wage “innovation jobs” that economists promised would be our reward from Globalism. I’m afraid not. According to the Bureau of Labor Statistics, the jobs created are the usual...

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