Paul Craig Roberts is Back!

Dr. Paul Craig Roberts, former editor of the Wall Street Journal and an Assistant Secretary of the U.S. Treasury under Reagan, said "Good Bye" on March 24 of this year.

America’s fate was sealed when the public and the anti-war movement bought the government’s 9/11 conspiracy theory. The government’s 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 Washington’s deficits and threaten the U.S. dollar’s role as world reserve currency. The wars and the pressure that the budget deficits put on the dollar’s 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 Washington’s 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.

He seems to have been shaken from his reverie and shoved out of his retirement by "the Israeli commando attack on the unarmed ships carrying humanitarian aid to Gaza." On May 31 he wrote these words:

No one in the world will believe that Israel attacked ships in international waters carrying Israeli citizens, a Nobel Laureate, elected politicians, and noted humanitarians bringing medicines and building materials to Palestinians in Gaza, who have been living in the rubble of their homes without repairs or medicines since January 2009, without first clearing the crime with its American protector. Without America’s protection, Israel, a totally artificial state, could not exist. No one in the world will believe that America’s spy apparatus did not detect the movement of the Israeli attack force toward the aid ships in international waters in an act of piracy, killing 20, wounding 50, and kidnapping the rest. Obama’s pretense at ignorance confirms his complicity.

Once again the US government has permitted the Israeli state to murder good people known for their moral conscience. The Israeli state has declared that anyone with a moral conscience is an enemy of Israel, and every American president except Eisenhower and Carter has agreed.

Obama’s 12-hour silence in the face of extreme barbarity is his signal to the controlled corporate media to remain on the sidelines until Israeli propaganda sets the story.

[. . . .]

The criminal Israeli state does not deny its act of piracy. Israeli military spokeswoman, Avital Leibovich, confirmed that the attack took place in international waters: “This happened in waters outside of Israeli territory, but we have the right to defend ourselves.” Americans, and their Western European puppet states and the puppet state in Canada, will be persuaded by the servile media to buy the story fabricated by Israeli propaganda that the humanitarian aid ships were manned by terrorists bringing weapons to the Palestinians in Gaza, and that the terrorists posing as humanitarians attacked the force of Israeli commandos with two pistols, clubs, and knives. Many Americans will swallow this story without a hiccup.

It seems that he is once again finding his stride. Today is only Wednesday and Roberts has already published his second essay of the week. It's a good one: "US Treasury is Running on Fumes."

The Obama regime has made war the business of America. Escalation in Afghanistan has gone hand in hand with drone attacks on Pakistan and the use of proxy forces to conduct wars in Pakistan and North Africa. Currently, the US is conducting provocative naval exercises off the coasts of China and North Korea and instigating war between Columbia and Venezuela in South America. Former CIA director Michael Hayden declared on July 25 that an attack on Iran seems unavoidable.

With the print and TV media captive, why doesn’t Washington simply tell us that the country is at war without going to the trouble of war? That way the munitions industry can lay off its workers and put the military appropriations directly into profits. We could avoid the war crimes and wasted lives of our soldiers.

The US economy and the well-being of Americans are being sacrificed to the regime’s wars. The states are broke and laying off teachers. Even “rich” California, formerly touted as “the seventh largest economy in the world,” is reduced to issuing script and cutting its state workers’ pay to the minimum wage.

Supplemental war appropriations have become routine affairs, but the budget deficit is invoked to block any aid to Americans--but not to Israel. On July 25 the Israeli newspaper, Haaretz, reported that the US and Israel had signed a multi-billion dollar deal for Boeing to provide Israel with a missile system.

Americans can get no help out of Washington, but the US ambassador to the UN, Susan Rice, declared that Washington’s commitment to Israel’s security is “not negotiable.” Washington’s commitment to California and to the security of the rest of us is negotiable. War spending has run up the budget deficit, and the deficit precludes any help for Americans.

With the US bankrupting itself in wars, America’s largest creditor, China, has taken issue with America’s credit rating. The head of China’s largest credit rating agency declared: “The US is insolvent and faces bankruptcy as a pure debtor nation.”

Please read the entire piecehere.