America Cannot Loot Its Way to Greatness
America Cannot Loot Its Way to Greatness
Paul Craig Roberts
Last year Congress passed a law requiring the Chinese government to divest from TikTok, alleging that the social media company collects sensitive data and information on Americans. But so does the US government, and Trump’s nominee Tulsi Gabbard has been forced by the US Senate to back off her opposition to the US government’s police state surveillance of American citizens in violation of the US Constitution.
It is OK with the US Congress for Americans be be subjected to surveillance as long as it is not the Chinese doing it.
We don’t know if the Chinese are using TikTok for surveillance. It is an accusation, the purpose of which seems to be to force China to fork over to US investors an interest in half of their company. The Speaker of the House is our bad cop saying he is going to shut down the company. Trump is the good cop issuing an executive order to keep it open while he performs the art of the deal.
In America where the Sherman Anti-Trust Act is a dead letter law and monopolization has stifled productive investment, looting of foreign assets and foreign countries is America’s access to profits. American corporations fire their American employees and replace them with foreign labor abroad or with foreigners on H-1B and L-1 visas paying them less than the American wage. The saved labor cost goes to profits, higher stock prices, and executive “performance” bonuses.
But this is only the beginning of the story of American profits’ reliance on looting. For the past quarter century Americans deceived by blatant lies have poured hundreds of billions of their incomes taken by Washington to bomb women and children and bring destroyed countries to “democracy.”
Ukraine is an example. The corrupt Biden regime has shipped hundreds of billions of dollars of hard-pressed Americans’ incomes in the form of weapons to Ukraine. These weapons are not a gift. They have to be paid for, but it not the American taxpayers whose money was sent who get paid. It is Blackrock and US agri-businesses to whom Ukraine has to sell its productive farmland in order to pay for the weapons. According to reports one-third of Ukraine’s farmland have been sold to American interests. In reality, the war in Ukraine is a mechanism for transferring Americans’ incomes to Blackrock.
Conservatives rant and rave about welfare, financed by transferring income from hard-working Americans to those who live off of them. But the worst transfers are those that enable Washington’s exploitation of foreign countries.
Just consider the energy situation in Europe, especially in Germany. A Russian gas pipeline delivered low cost energy to Europe. Washington blew it up. The replacement is high cost American liquified natural gas, the expense of which is forcing industrial companies such as German car companies out of Germany. Germany, Washington’s puppet, pays for American profits with German unemployment and falling GDP. Yesterday European Commission President Ursula von der Leyen said that Washington’s sanctions on Russian energy has caused “sky-high” energy prices throughout Europe. Washington is looting its own allies, the true cost to them of NATO.
John Perkins’ book, Confessions of an Economic Hit Man, explains in detail the extent to which the United States rests on the exploitation of foreign countries than on its productive capacity. The NY Banks, perhaps with the participation of the World Bank, an American exploitative institution, sell a development package to a third world government. For example, here is a development plan . Borrow money from us to electrify your country. This will produce economic developments that will provide the resources to repay the loans.
As Perkins admits, it is a shell game, one that often requires payments to the ruling elite to take on the loans.
When the promised development does not occur and there are no revenues to repay the loans, up shows the corrupt International Monetary Fund (IMF). The IMF tells the country, ruined by the US loans and the corruption of the leaders who were paid to take them out, that if you don’t pay your credit will be ruined and you will be cut out of the ability to borrow.
The IMF has a plan how they can retrieve their dangerous situation: Sell off assets such as energy, minerals, protected timber in national forests, fisheries, and accept an American air base. By turning your country over to Americans you can pay your bills.
The world has worked this way for many decades. Marine commander Smedley Butler said thathe and his Marines were the enforcers for the New York banks.
The corrupt EU did the same thing to Greece. I covered it as did Michael Hudson and James Galbraith. The northern European countries got Greece in debt by paying bribes to the corrupt Greek government. The Greeks couldn’t pay, so Greece was forced to sell off their municipal water systems, their ports, their protected islands, to strip the government’s budget of education, medical, and social payments, and to fire government employees in order that Greek tax payments could be rerouted to German banks. So many Greek women were forced into prostitution that the price of a trick was reduced to the cost of a sandwich. You can find the articles on my website.
MAGA Americans must be brought to understanding that not only must American be restored, but it must be restored without exploiting others. Washington is responsible for massive crimes in addition to those that Americans have suffered.
Accountability awaits. Will Trump acknowledge this accountability and hold those responsible, or will he continue it as part of the profit dimension of making America great again?
Trump Signs Executive Order to Fire Top Career Federal Managers More Quickly
Trump Signs Executive Order to Fire Top Career Federal Managers More Quickly
Paul Craig Roberts
Trump keeps doing the right things. The Reagan administration certainly could have used this ability to keep a Democrat civil service from sandbagging its policies.
The civil service, indeed, the entire cabinet level Justice Department and the FBI were completely politicized by the Biden Democrats.
US Rep. Gerry Connolly, Democrat from Virginia, is up in arms against Trump’s executive order. But Connolly had no objections when the Democrats completely politicized the US Department of Justice (sic) and the FBI and turned them into weapons against Trump Republicans. .
When I was Assistant Secretary of the Treasury, in one of the departments that reported to me was a senior executive civil service manager who came to work drunk daily. The department’s personnel said it was demoralizing. I spoke with the source of trouble and found that he wasn’t interested in a paid leave to get himself back into performance mode. I decided that I would have to fire him and found that to fire him I had for one year to assign him tasks, evaluate his performance of the tasks, go before a board and convince the board that he failed to perform the assigned tasks. In other words, I would be completely distracted and used up in the effort it required for a presidential appointee to fire one non-performing and uncooperative senior civil servant. To get rid of one non-performing civil servant would have drained my time and energy from the task that President Reagan assigned me.
I solved the problem by giving the position away to an administrative department in the Treasury that was glad to grow by one more person.
When a president is elected, it means that the voters have chosen his policies. To have the policies blocked and derailed by unelected bureaucrats is an absurdity. The bureaucracy is supposed to serve the president, not oppose him. They have to be equally supportive of Democrats and Republicans, not the ally of one against the other.
Democrat Rep. Gerry Connolly is a good example of what I mean by the institutionalized establishment and the many ways the establishment has to make a president serve them and not the American people. Connolly has already on the first day of Trump’s second term introduced the “Saving the Civil Service Act,” which is intended to stop Trump from requiring government employees to corporate with the will of the people.
MAGA Americans need to comprehend that Trump’s re-election is only the beginning of the fight. Trump and his administration are essentially isolated. The Democrats are opposed to the traditional America of MAGA Americans. Democrats want the US and Western Civilization to be held accountable for all of the alleged crimes, some real, some invented, associated with US and Western dominance. They want all sexual preference legitimized, including that of “minor directed persons” formerly known as pedophiles. They want heterosexual males punished for being interested in women. They want to brainwash white kids that they and their parents and grandparents are racists and to convince them that they have been born into the wrong body. The Democrat Party is the operative division of the Cultural Marxists who teach that the way to overthrow a society is “to march through the institutions,” corrupting them and turning them against the country.
From the standpoint of Democrats and the Woke left, the ideal America is a Sodom and Gomorrah Tower of Babel. That is the agenda of the US Democrat Party.
It is also the agenda of the ruling American elite, because it destroys society and leaves them in control.
Trump, and I think he realizes it, is in a fight for the life of America. The Establishment controls all of society’s institutions. Trump knows it and is attacking them head on. The outcome of the fight depends on the awareness, intelligence, and commitment of the majority of the American people.
Both the people and Trump can fail. If they do, America is lost.
What Goes Around Comes Around
What Goes Around Comes Around
Paul Craig Roberts
Rudy Giuliana used his position as a US attorney to achieve celebrity convictions that gave him name recognition that elected him mayor of New York. Giuliana’s targets were “junk bond king” Michael Milken and “mean queen” Leona Helmsley.
I covered both cases and remain convinced that with the media’s help and with witness testimony purchased with dropped charges, Giuliana framed both of his victims using the dirtiest prosecutorial tactics that have come to comprise “American justice.”
Then the corrupt prosecutorial practices that he had used were used against him following his effort to reveal evidence that the 2020 election was stolen from Trump. Giuliana is innocent, just as Milken and Helmsley were innocent. But as in the cases of Milken and Helmsley, facts didn’t matter.
With his publicly supported legal defense fund, Giuliana has retained his NY co-op, Florida condominium and personal belongings. He has a remaining trial in 2026 in the corrupt Democrat state of Arizona.
I often wonder if Giuliana ever compares his plight with the plights he inflicted on Michael Milken and Leona Helmsley
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