QUOTES by Paul Craig Roberts
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The financial markets are rigged by the big banks, the Federal Reserve, and the Treasury in the interests of the profits of the few big banks and the dollar's exchange value, which is the basis of U.S. power.
Quote by -Paul Craig Roberts
There are no free financial markets in America or, for that matter, anywhere in the Western word, and few, if any, free markets of any other kind.
Quote by -Paul Craig Roberts
The office of U.S. Trade Representative was created in order to permit corporations to write law that serves only their interests.
Quote by -Paul Craig Roberts
The Transatlantic and Transpacific Trade and Investment Partnerships have nothing to do with free trade. 'Free trade' is used as a disguise to hide the power these agreements give to corporations to use lawsuits to overturn sovereign laws of nations that regulate pollution, food safety, GMOs, and minimum wages.
Quote by -Paul Craig Roberts
A government that cannot survive truth and must resort to stamping out truth is not a government that any country wants.
Quote by -Paul Craig Roberts
The way to attack the entitlements problem is to bring the jobs home. This could be done by taxing corporations according to the location, domestic or foreign, at which they add value to their product.
Quote by -Paul Craig Roberts
Representing the people is not something 'our' representatives do. They are too busy representing a handful of private interest groups such as the financial sector, the military/security complex, and agribusiness.
Quote by -Paul Craig Roberts
The government, of course, will print money to bail out the banks' uncovered casino bets, but not to bail out the elderly from the theft of their funds.
Quote by -Paul Craig Roberts
The real Social Security crisis is that the government does not have the money to redeem its IOUs.
Quote by -Paul Craig Roberts
Washington's impulsive use of power is a danger to America and to the world.
Quote by -Paul Craig Roberts
The concentration of U.S. income and wealth in the hands of the very rich is a new development in my lifetime.
Quote by -Paul Craig Roberts
In 2004, I predicted in a nationally televised conference in Washington, D.C., that the U.S. would be a Third World country in 20 years.
Quote by -Paul Craig Roberts
Washington is a black hole into which all sanity is sucked out of government deliberations.
Quote by -Paul Craig Roberts
Offshoring manufacturing jobs left Americans with fewer high-value-added, well-paid jobs, and the U.S. middle class downsized. Ladders of upward mobility were taken down. Income and wealth distributions worsened.
Quote by -Paul Craig Roberts
By offshoring the production of their products, U.S. corporations transferred technology, physical plant, and business knowhow to China.
Quote by -Paul Craig Roberts
The Western media is a Ministry of Truth that operates full-time in support of the artificial existence that Westerners live inside The Matrix where Westerners exist without thought. Considering their inaptitude and inaction, Western peoples might as well not exist.
Quote by -Paul Craig Roberts
The public subsidies provided to miners, loggers, and ranchers are as extravagant and as harmful to the public interest as the subsidies that the Federal Reserve and Treasury provide to the 'banks too big to fail.'
Quote by -Paul Craig Roberts
Progressives regard government as the white knight that protects the public from the greed of capitalists. If only.
Quote by -Paul Craig Roberts
Despite massive evidence to the contrary, libertarians hold tight to their romantic concept of capitalism, which, freed from government interference, serves the consumer with the best products at the lowest prices.
Quote by -Paul Craig Roberts
Few, if any, corporations absorb the full cost of their operations. Corporations shove many of their costs onto the environment, the public sector, and distant third parties.
Quote by -Paul Craig Roberts
When I met with Chinese policymakers in 2006, I advised them that there was a limit to how long they could rely on the U.S. consumer market, as jobs offshoring was destroying it.
Quote by -Paul Craig Roberts
As the dollar's exchange value declines, so will the value of dollar-denominated financial instruments, regardless of how many bonds the Federal Reserve purchases.
Quote by -Paul Craig Roberts
As the U.S. is import-dependent, this will translate into higher domestic prices.
Quote by -Paul Craig Roberts
Both political parties, Republicans and Democrats, are dependent on the same private interest groups for campaign funds, so both parties dance to the same masters.
Quote by -Paul Craig Roberts
The U.S. is ruled by private interest groups and by the neoconservative ideology that history has chosen the U.S. as the 'exceptional and indispensable' country with the right and responsibility to impose its will on the world.
Quote by -Paul Craig Roberts
Under Reagan's policies, inflation and nominal GNP growth shriveled much faster than predicted, throwing off government revenue estimates and resulting in budget deficits.
Quote by -Paul Craig Roberts
The human capital of most macroeconomists, heavily invested in demand management, was wiped out by the policy failures of the 1970s.
Quote by -Paul Craig Roberts
Paul Krugman, a professor at MIT and a consultant to the IMF, the World Bank, the United Nations, and the Trilateral Commission, is certainly a member of the establishment.
Quote by -Paul Craig Roberts
I have argued that the Soviet story is one of the interaction of speculative excess or utopian aspirations with refractory reality.
Quote by -Paul Craig Roberts
Marxism is a success because it fuses the two inconsistent strains in Western thought - moral skepticism and moral indignation - and makes them complements in the attack against existing society.
Quote by -Paul Craig Roberts
The Federal Trade Commission is supposed to enforce U.S. anti-trust law. Instead, the federal agency routinely violates U.S. anti-trust law by permitting monopoly concentrations of business interests.
Quote by -Paul Craig Roberts
The road to economic well-being is to reward productive economic activity and to provide a moderate and predictable growth of money to finance real economic growth without reigniting the fires of inflation.
Quote by -Paul Craig Roberts
There was no terrorism in the Middle East until Washington brought it there with invasions, bombings, and torture.
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I did not think the Oligarchy would allow Trump to win. However, it seems that the oligarchs were deceived by their own media propaganda.
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I have come to the conclusion that the West is a vast lie machine for the secret agendas of vested interests.
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Trump has more understanding and insight than his opponents realize. For a man such as Trump to risk acquiring so many powerful enemies and to risk his wealth and reputation, he had to have known that the people's dissatisfaction with the ruling establishment meant he could be elected president.
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When I was a young man, an individual with one million dollars was very rich. Anyone with a few millions more was considered richer than rich.
Quote by -Paul Craig Roberts
Hillary Clinton, an agent for the Oligarchy, was defeated despite the vicious media campaign against Donald Trump. This shows that the media and the political establishments of the political parties no longer have credibility with the American people.
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On one hand, our food is polluted with herbicides and on the other hand by antibiotics. And then we have hormones and pesticides.
Quote by -Paul Craig Roberts
The neoconservative ideology supports American financial and military-political imperialism or hegemony.
Quote by -Paul Craig Roberts
Marxism is the only doctrine that both satisfies the demands for progress and provides a safe outlet for moral expression in a skeptical age.
Quote by -Paul Craig Roberts
The great problem with corporate capitalism is that publicly owned companies have short time horizons. Unlike a privately owned business, the top executives of a publicly owned corporation generally come to their positions late in life. Consequently, they have a few years in which to make their fortune.
Quote by -Paul Craig Roberts