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Paul Craig Roberts lays down his blogging pen (one of the few intelligent voices out there retires)

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brentspeak Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-24-10 04:03 PM
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Paul Craig Roberts lays down his blogging pen (one of the few intelligent voices out there retires)


http://www.counterpunch.org /

March 24, 2010

Good-bye

Truth Has Fallen and Taken Liberty With It

By PAUL CRAIG ROBERTS

snip

Today many whose goal once was the discovery of truth are now paid handsomely to hide it. Free market economists are paid to sell offshoring to the American people. High-productivity, high value-added American jobs are denigrated as dirty, old industrial jobs. Relics from long ago, we are best shed of them. Their place has been taken by the New Economy, a mythical economy that allegedly consists of high-tech white collar jobs in which Americans innovate and finance activities that occur offshore. All Americans need in order to participate in this new economy are finance degrees from Ivy League universities, and then they will work on Wall Street at million dollar jobs.

snip

As an economist, I am astonished that the American economics profession has no awareness whatsoever that the U.S. economy has been destroyed by the offshoring of U.S. GDP to overseas countries. U.S. corporations, in pursuit of absolute advantage or lowest labor costs and maximum CEO performance bonuses, have moved the production of goods and services marketed to Americans to China, India, and elsewhere abroad. When I read economists describe offshoring as free trade based on comparative advantage, I realize that there is no intelligence or integrity in the American economics profession.

Intelligence and integrity have been purchased by money. The transnational or global U.S. corporations pay multi-million dollar compensation packages to top managers, who achieve these performance awards by replacing U.S. labor with foreign labor. While Washington worries about the Muslim threat, Wall Street, U.S. corporations and free market shills destroy the U.S. economy and the prospects of tens of millions of Americans.

Americans, or most of them, have proved to be putty in the hands of the police state.

snip

The American corporate media does not serve the truth. It serves the government and the interest groups that empower the government.

Americas fate was sealed when the public and the anti-war movement bought the governments 9/11 conspiracy theory. The governments account of 9/11 is contradicted by much evidence. Nevertheless, this defining event of our time, which has launched the US on interminable wars of aggression and a domestic police state, is a taboo topic for investigation in the media. It is pointless to complain of war and a police state when one accepts the premise upon which they are based.

These trillion dollar wars have created financing problems for Washingtons deficits and threaten the U.S. dollars role as world reserve currency. The wars and the pressure that the budget deficits put on the dollars value have put Social Security and Medicare on the chopping block. Former Goldman Sachs chairman and U.S. Treasury Secretary Hank Paulson is after these protections for the elderly. Fed chairman Bernanke is also after them. The Republicans are after them as well. These protections are called entitlements as if they are some sort of welfare that people have not paid for in payroll taxes all their working lives.

With over 21 per cent unemployment as measured by the methodology of 1980, with American jobs, GDP, and technology having been given to China and India, with war being Washingtons greatest commitment, with the dollar over-burdened with debt, with civil liberty sacrificed to the war on terror, the liberty and prosperity of the American people have been thrown into the trash bin of history.

The militarism of the U.S. and Israeli states, and Wall Street and corporate greed, will now run their course. As the pen is censored and its might extinguished, I am signing off.
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leftstreet Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-24-10 04:10 PM
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1. That's depressing
:-(
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necso Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-24-10 04:17 PM
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2. Unacceptable. /nt
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bbgrunt Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-24-10 04:26 PM
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3. sad.
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Behind the Aegis Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-24-10 04:31 PM
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4. Good.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Wed Mar-24-10 04:38 PM
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5. Deleted message
Message removed by moderator.
 
indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-24-10 05:02 PM
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6. A rare voice of sanity, reason, and integrity: is there another such living
Republican voice and are there more than a few such living Democratic voices? :shrug:
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Starry Messenger Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-24-10 05:13 PM
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7. I'm not sad about this one
Edited on Wed Mar-24-10 05:16 PM by Starry Messenger
I'm not sure why CounterPunch ran him anyway. He's a big hero over at VDare: http://vdare.com/roberts/index.htm They are white supremacists. (VDare is named after Virginia Dare, the first white child born on American soil).

edit: typo
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