By Paul Craig Roberts For Americans, financial and economic Armageddon might be close at hand. The evidence for this conclusion is the concerted effort by the Federal Reserve and its dependent financial institutions to scare people away from gold and silver by driving down their prices. When gold prices hit $1,917.50 an ounce on August 23, 2011, a gain of…
by Dr. Paul Craig Roberts The election that was supposed to be too close to call turned out not to be so close after all. In my opinion, Obama won for two reasons: (1) Obama is non-threatening and inclusive, whereas Romney exuded a “us vs. them” impression that many found threatening, and (2) the election was not close enough for…
by Paul Craig Roberts Since mid-2009 the US has been enjoying a virtual recovery courtesy of a rigged inflation measure that understates inflation. The financial Presstitutes spoon out the government’s propaganda that prices are rising less than 2%. But anyone who purchases food, fuel, medical care or anything else knows that low inflation is no more real that Saddam Hussein’s…
God help them if Obama and Romney ever had to participate in a real debate about a real issue at the Oxford Union. They would be massacred. The “debates” revealed that not only the candidates but also the entire country is completely tuned out to every real problem and dangerous development. For example, you would never know that US citizens…
Fabrice Drouin Ristori, founder of Goldbroker.com, interviews Paul Craig Roberts. [This article was originally published: https://www.goldbroker.com/news/interview-paul-craig-roberts-by-fabrice-drouin-ristori-gold-current-monetary-system-102.html] Dr. Roberts was Assistant Secretary of the Treasury for Economic Policy in the Reagan administration. He was Associate Editor and columnist for the Wall Street Journal, columnist for Business Week, columnist for the Scripps Howard News Service and columnist for Creators Syndicate. He has…
2012-06-12 Jesse’s Café Américain “Yet while the rest of the populace was suffering, the rich just got richer. In 2009 and 2010, years in which millions were unable to find work, the top one percent reaped 93 percent of the ‘recovery’ income, and corporations are making more than they ever did. And the Republicans can still propose even further…