Wednesday, October 30, 2013

Ignored Reality Is Going To Wipe Out the Human Race

Dees Illustration
Paul Craig Roberts
Activist Post

To inform people is hard slugging. Everything is lined up against the public being informed, or the policymakers for that matter. News is contaminated by its service to special interests and hidden agendas. Many scientists or their employers are dependent on federal money. Even psychologists and anthropologists were roped into the government’s torture and occupation programs. Economists tell lies for corporations and Wall Street. Plant and soil scientists tell lies for agribusiness and Monsanto. Truth tellers are slandered and persecuted. However, persistence can eventually win out. In the long-run, truth sometimes emerges. But not always. And not always in time.

I have been trying to inform the American people, economists, and policymakers for more than a decade about the adverse impacts of jobs offshoring on the US economy. The word has eventually gotten out. Last week I was contacted by 8th grade students competing for their school in CSPAN’s StudentCam Documentary Contest. They want to interview me on the subject of jobs offshoring for their documentary film.

America is a strange place. Here are eighth graders far ahead of the economics profession, the President, the Congress, the Federal Reserve, Wall Street, and the financial press in their understanding of one of the fundamental problems of the US economy. Yet, people say the public schools are failing. Obviously, not the one whose students contacted me.

Is it too late? I know much, but not all. So this is not the final word. I think it might be too late. When skilled jobs are sent abroad, the skills disappear at home. So do the supply chains and the businesses associated with the skills. Things close down, and abilities are lost. Why take a major in collage for a job that is offshored. A culture disappears.

But we can start them back up, right? Perhaps not. When a First World country exports its technology and know-how abroad to a Third World country in order to benefit from lower cost labor, how does the First World country get the work back? Living standards and the cost of living in Third World countries are much lower than in First World countries. The populations of First World countries cannot pay their mortgages, car payments, student loans, medical care, and grocery bills with the wages of Third World countries.

When First World wages drop, mortgage, car, credit card, and student loan payments do not drop. Americans cannot live on Chinese, Indian, and Indonesian wages. Once the technology and know-how is transferred, the low wage country has the advantage in the absence of tariff protection.

For America to revive, our economy would have to be walled off with high tariffs, and subsidies would have to be provided in order to recreate US industry and manufacturing. But many corporations now produce offshore, and America is broke. The government has been $1 trillion dollars in the hole each year for the last 5 years.

Jobs offshoring diminished the US tax base. When a job is sent abroad, so is that job’s contribution to US GDP and tax base. When millions of jobs are sent abroad, US GDP and tax base cannot support government spending levels. To the extent that there are any replacement jobs, they are in lowly paid domestic services, such as waitresses, bartenders, retail clerks, and hospital orderlies. These jobs do not provide a tax base or consumer spending power comparable to manufacturing jobs and tradable professional services such as software engineering and information technology.

Republicans and increasingly Democrats, as both parties are dependent on the same sources of campaign contributions, blame “entitlements.” By entitlements they mean welfare.

In fact, entitlements consist of Social Security and Medicare. Entitlements are funded by the payroll tax, approximately 15% of payroll. The fact that a person pays the payroll tax all his working life is why the person is entitled to Social Security and Medicare if they live to retirement age. Welfare, such as food stamps and housing subsidies, are a small part of the federal budget and are not entitlements.

Every since President Reagan was betrayed three decades ago by Alan Greenspan and David Stockman, both of whom sold out to Wall Street and raised the Social Security payroll tax above what was needed to pay Social Security benefits in order to protect Wall Street’s stock and bond portfolios from exaggerated deficit fears, Social Security payroll tax revenues have exceeded Social Security payments. As of today, Social Security revenues exceed payments to beneficiaries by an accumulated $2 trillion. The money was used by the federal government to pay for its wars and other spending programs. The Social Security Trust Fund holds non-marketable IOUs from the Treasury. These IOUs can only be made good from an excess of tax revenues over expenditures or by the Treasury selling $2 trillion in bonds, notes, and bills and paying off its IOUs to the Social Security Trust Fund. This is not going to happen.

The Federal Reserve could not care less about the US population. The Fed was established for the purpose of protecting and aiding banks. Currently, the Fed, as if America were a Banana Republic which America appears to be becoming, is printing one thousand billion dollars per year in order to support the banks and to finance the federal deficit.

This is bad news for Americans, as it means that their fiat money is being created at a far greater rate than the demand for the dollar. The implication for our future is a drop in the dollar’s value. As there are no jobs, a drop in the dollar’s value means high inflation on top of unemployment and double the misery of the Great Depression.

As bad as this is, it is minor compared to the destruction of the planet’s environment. Online information shows that the Gulf of Mexico ecosystem is in crisis after the BP spill and use of Corexit, a dispersant used to hide, not clean up, the spilled oil. (Source)

The Fukushima catastrophe has hardly begun. Yet already the radioactive water pouring into the Pacific Ocean has made fish dangerous to eat unless a person is willing to accept a higher risk of cancer.

Fukushima has the potential of making Japan uninhabitable and of polluting the air, water, and soil of the US with radioactivity. Yet the crisis is seldom mentioned in the US media. In Japan the government just passed a law that could be used to imprison Japanese journalists who report truthfully on the dire situation.

Take the time to familiarize yourself with the online information about Fukushima. According to the presstitute media, Americans face threats from Iran and Syria and from whistleblowers such as Edward Snowden. The real threats are simply not in the news.

If you search Fukushima, you will find information that the presstitute media hides from you. See for example,

There are a number of other threats to the environment on which our lives depend. One is the effort to extract more productivity from the soil by use of GMOs. Monsanto has altered the genes of several crops so that the crops can be sprayed with RoundUp to eliminate weeds. The results have been to deplete the soil of nutrients, to destroy the micro-biology of the soil so that new plant diseases and funguses are activated, and to produce superweeds that require heavier doses of the glyphosate in RoundUp. The heavier dose of RoundUp worsens the aforementioned problems. US agricultural soil is losing its potency.

Now we come to chemtrails, branded another “conspiracy theory.” However, the US government’s efforts to geo-engineer weather as a military weapon and as a preventative of global warming appear to be real. The DARPA and HAARP programs are well known and are discussed publicly by scientists. See, for example, Search Chemtrails, and you will find much information that is kept from you. See, for example,

Some describe chemtrails as a plot by the New World Order, the Rothchilds, the Bilderbergers, or the Masons, to wipe out the “useless eaters.” Given the amount of evil that exists in the world, these conspiracy theories might not be as farfetched as they sound.

However, I do not know that. What does seem to be possibly true is that the scientific experiments to modify and control weather are having adverse real world consequences. The claim that aluminum is being sprayed into the atmosphere and when it comes to earth is destroying the ability of soil to be productive might not be imaginary. Those concerned about chemtrails say that weather control experiments have deprived the western United States of rainfall, while sending the rain to the east where there have been hurricane level deluges and floods.

In the West, sparse rainfall and lightening storms without rain are resulting in forests drying out and burning down. Deforestation adversely affects the environment in many ways, including the process of photosynthesis by which trees convert carbon dioxide into oxygen. The massive loss of forests means more carbon dioxide and less oxygen. Watershed and species habitat are lost, and spreading aridity further depletes ground and surface water. If these results are the consequences of weather modification experiments, the experiments should be stopped.

In North Georgia where I spend some summers, during 2013 it rained for 60 consecutive days, not all day, but every day, and some days the rainfall was 12 inches–hurricane level–and roads were washed out. I received last summer 4 automated telephone warnings from local counties not to drive and not to attempt to drive through accumulations of water on the highways.

One consequence of the excess of water in the East is that this year there are no acorns in North Georgia. Zilch, zero, nada. Nothing. There is no food for the deer, the turkeys, the bear, the rodents. Starving deer will strip bark from the trees. Bears will be unable to hibernate or will be able only to partially hibernate, forced to seek food from garbage. Black bears are already invading homes in search of food.

Unusual drought in the West and unusual flood in the East could be coincidental or they could be consequences of weather modification experiments.

The US, along with most of the world, already had a water problem prior to possible disruptions of rainfall by geo-engineering. In his book, Elixir, Brian Fagan tells the story of humankind’s mostly unsuccessful struggle with water. Both groundwater and surface water are vanishing. The water needs of large cities, such as Los Angeles and Phoenix, and the irrigation farming that depends on the Ogallala aquifer are unsustainable. Fagan reminds us that “the world’s supply of freshwater is finite,” just like the rest of nature’s resources. Avoiding cataclysm requires long-range thinking, but humanity is focused on immediate needs. Long-range thinking is limited to finding another water source to deplete. Cities and agriculture have turned eyes to the Great Lakes.

Los Angeles exists because the city was able to steal water from hundreds of miles away. The city drained Owens Lake, leaving a huge salt flat in its place, drained the Owens Valley aquifer, and diverted the Owens River to LA via aqueduct. Farming and ranching in the Owens Valley collapsed. Today LA takes water from the Colorado River, which originates in Wyoming and Colorado, and from Lake Perris 440 miles away.

Water depletion is not just an American problem. Fagan reports that “underground aquifers in many places are shrinking so rapidly that NASA satellites are detecting changes in the earth’s gravity.”

If the government is experimenting with weather engineering, scientists are playing God when they have no idea of the consequences. It is a tendency of scientists to become absorbed by the ability to experiment and to ignore unintended consequences.

Readers have asked me to write about Fukushima and chemtrails because they trust me to tell them the truth. The problem is that I am not qualified to write about these matters with anything approaching the same confidence that I bring to economic, war and police state matters.

The only advice I can give is that when you hear the presstitute media smear a concern or explanation as “conspiracy theory,” have a closer look. The divergence between what is happening and what you are told is so vast that it pays to be suspicious, cynical even, of what “your” government and “your” presstitute media tell you. The chances are high that it is a lie.

This article first appeared at Paul Craig Roberts' new website Institute For Political Economy.  Paul Craig Roberts was Assistant Secretary of the Treasury for Economic Policy and associate editor of the Wall Street Journal. He was columnist for Business Week, Scripps Howard News Service, and Creators Syndicate. He has had many university appointments. His Internet columns have attracted a worldwide following.

This article may be re-posted in full with attribution.


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Anonymous said...

The problem is simply corporate America and our banks who finance corporate America no longer care about the nation or its peoples welfare.
They regard the US only as a market for making profit.
And they control government, and government obliges by creating huge national debt, and encouraging citizen mortgage debt, student loan debt, credit card debt, and every other conceivable type of debt.
The corporate profit is then kept offshore, with no returning tax revenue.
America has been sucked dry by our corporate/banking leeches.
And we are on the verge of economic collapse, while the offshore accounts bulge with 32 trillion of corporate and personal loot.

Anonymous said...

That $32 trillion in corporate and personal loot is paper illusion. There are no real world assets or collateral backing the trillions in created paper that nearly everyone is stupid enough to believe is real wealth.

Anonymous said...

Major problem seems to me greed and lack of empathy.
Companies are only weighted by the profit they make, and as that is the ONLY factor interesting to them they do ANYTHING to keep profit growing under all circumstances.
The other thing is that private banksters have more power then governments, and nobody is able to change that.

Change must come to human nature, the things we weight things and "what really matters". When our species does not develop it will instinct itself - thats also a good solution, nobody will miss us when we are gone, thats for sure. :-)

Anonymous said...

great article. sums it all up nice an simple

Mr. Mcgranor said...

The people are not that oblivious.

Anonymous said...

Much like our system, in the final days of a stars life, it has to burn everything to keep the process going.... including itself

Renard Moreau said...

[ Smiles ] There is always more to business that meets the eye!

Hide Behind said...

When the Supreme Court of US recognized "personhood" of corporations under our Constitutions provisions all I could say was; "Nailed it!"
The mention of Regan being betrayed takes Roberts into defending either a God or a lover and also taints more than a little what he says about todays society.
One would hope we were above making any man into God yet many millions of not just people in US but of world do.
Any small buisness or working contractor during Regans terms knows just how damned drastic his policys raly were.
Farmers began to lose farms in droves and while manufacturing made millions the beginning of workers wage stagnation began big Tim e.
The Regan years was the real war upon the american populace and if not for the hundreds of billions in drug moneys that fueld the dot coms and laundering of funds in real estate and political organizations this nation would of been far worse as to seperation of rich poor than we are today.
Regans followers were very corrupt and the most outright viscious and greedy polical supporters, Regans illegal funding used funds from Latin America Formosa And other dictatorships alll illegal and at a leval that all previious Executiv branches never reached.
Yet Obama and those around hom are of the very same mindset but today they have no need to hide their smirks even while talking to Congress and the people.
If one thinks the liberty movement was republican during Regans times you areway wrong.
The militia movement was growing by leaps and bounds and it was thr Reganites that scared the hell out of conservative Repubs and Liberals.
The term Fascist was realy in use against his regime.
You and I are living under his legacy in mamy ways and damn been a long time but like Roberts the same groups of asshol s are still fn with our lives.
Hell they have kids working within the ggov and financial institutions especially in Executive branch agencys such as state.
Not a bit of progress in liberty but liberty without a job we will take jobs and jack our jaws .

Way worse in fact to the collapse we are now headed for is minor as to even what

Anonymous said...

yes it's a good idea to prep & be prepared but this is a moral war & it's only if we can take the moral high ground on an individual basis & not rely on moral relativism that we will ultimately survive

Anonymous said...

Thank you, Mr. Roberts, for helping to document some of the nation's current problems that are regularly ignored, or actively covered up by mainstream media, academics, politicians, bankers, and others who profit from the misery being inflicted upon the people of this planet.

In defense of Mr. Roberts, not because he is incapable but only because he may not read comments in this forum, I just want to say that he was one of the first to argue against the outsourcing of jobs because of the economic impact on American workers and the economy as a whole. More recently, since attending a conference given by Architects and Engineers for 9/11 truth, he has been calling for a new investigation of 9/11, and correctly identifies Israel as a likely perpetrator, one of the very few "establishment" figures to have had the courage to do so.

With age, thankfully, comes some modicum of wisdom. I've been reading Dr. Roberts work for quite a few years now, and he has grown in the role of gadfly to the extent that corporate media outlets will no longer print his articles. While that may somewhat limit his audience, it also confers a certain kind of honor because they are clearly afraid of the truth he speaks.

It's true that Mr. Roberts has great loyalty for his former boss, the late Ronald Reagan, but as this article demonstrates, he is not afraid to call out former colleagues who sold out to Wall Street. Given time, he may also recognize that it was Reagan's firing of the air traffic controllers in 1981 that began the attacks on American workers' wages and working conditions which in no small measure led to outsourcing of jobs. The same event also signaled to corporations that they could treat their employees as nothing more than replaceable units, a philosophy the corporations wholeheartedly endorsed and embraced. One of the main reasons that more Americans are now out of the labor force than are in it is the decline of unions. Yes, there were problems with union leadership colluding with employers against workers, and yes, some union leaders gave themselves extravagant salaries, took bribes, and generally acted like politicians. But would we be be in our current situation if unions had not been decimated? At the very least, I doubt American workers would have fallen as far and as fast as they have.

My point is that it's well worth reading Dr. Roberts articles even though you may not agree with everything he has done, said, or written. He speaks truth to power, something we all need to do more of in these troubled times.

buzzhawk said...

It can be hard to wake someone up when they believe their reality is the real truth.
Therefore you must constantly seek the truth.

JCII said...

The synagogue of satan owners of the "federal" reserve had Reagan shot because after viewing the results of his Grace commission report exposing one of the areas of the fraud of the income tax was about to shut down the "fed" (google Reagan'sGracecommissionreportuhuhtaxstuff --> 2nd highlighted area)

JCII said...

Except for that Reagan was asleep at the wheel as a front man for bush crime family evils imo

Hide Behind said...

I applaud constructive criticism especially upon myself and apologize for concentrating upon Regan and not upon what Issues Roberts puts forth here.
Always an ass I have a but, he brought Regan into the issues and one cannot but look upon his early carreer , even after leaving Regans covers.
I have possibly read majority of f his pblished works in econmics and even once heard him speak, yet I am one who has seen way too many who played the he games of insiders to power that once old want to leave a legacy behind of being the good guy
SAMUEL CLEMMONS in his work " Letters From the Earth", wrote about the piousness of old men in the churches who damn all the despoilers of young women and in his answer to such pious outcrys was" If once more young they would immediately set about deflowering as many maidens ws they could.".
Now I do not know if Roberts deflowered many or any maidens, but I do know he likes to dream of a time when His party led by Regan, screwed a few million americans.
He has never gone against those poitical moveements and contrary to historical facts his saying Regan was betrayed is a lie Regan knew what was wanted from him and he did wha the producers and directors told him to do then went back to sleep.
It was Roberts who fell from his mentors favor, Betrayed and some of
his economic programs taken over by others
He writes of oportune events not he actuality of who is pulling the strigs and even here he admits knowing little of all the vast changes ongoing.
Not to criticize harshl but not he nman is an exemplar of economic theorys that is his forte and when he writes of them he has immense power s of pursuasion.
I am no expert but he could throw out some real hard advice on economic changes we personally amd collectively need to make.
This article reads little ke a recap of last weeks activist pos highlights.
Then I am pretty fn pig headed and still need more constructive criticism.

Anonymous said...

I wish I knew what more I can do. On line I sign all protests - GMO foods, fracking, etc. For several years I stood on a street corner with my 'Practice Peace' sign along with several retired college professors to protest the Iraq war. It seems to me that this is deliberate - destroy the family, jobs, food, health via vaccines, drugs, poor nutrition. In my area they are closing grocery stores. I think more people are seeing what is happening so I like you am hoping we are not too late.

dan said...

Never forget that Reagan didn't 'want' Bush as VP (see his nomination speech in Texas)...and that Bush controled the CIA/State Department.It's a shame about the unions,but Ron had been a union president,too....but airways , trains , nurses
and now maybe the Doctors and truckers can't be allowed to shut down the entire economy (can they?)
Alas...I concur that we passd the tipping point when we killed the oceans and that it's time to man the lifeboats and fend off 'sharks'. The herd thinning begins.
(of course a week of gray and drizzely autum days make me gloomier than usual)
Winter is coming,sigh.

Anonymous said...

“The Democracy will cease to exist when you take away from those who are willing to work and give to those who would not.”
― Thomas Jefferson

Hide Behind said...

Yup old Tom J had it right as he sat on his porch letting his overseers make sure that he got a days work out of his blacks for the food and shelter he provided them.
Then he was not exactly worried about making a buck once he got tax free from the Brits and only those of his wealth and stature got to vote what they wanted to be.
How free was the enterprise of the early founders? Paul revere made what today would be millions off of selling copper plates to government.
A hell of a lot more than selling pots and pans and his silver works combined.
An old tongue in cheek story, but does have douments to back it, is told of Pauls ride and the

poor horse that got rode to death and Paul never paid for its livery and it is said the horse got eaten.
The hero of a horse
Got disregarded of course
And Paul while alive was
No more than a Boston man ,
A lie of poem made him a legend.

Albert Fish said...

Hide Behind,
I implore you to stop writing your brain-addled comments which all too often contain syntax so garbled as to be not understandable. Take a beginning writing class before you post another word. PLEEEEEAAASE!

Anonymous said...

The only point missed is that with millions of jobs gone offshore, and US corporations allowed to keep all their profit offshore indefinitely without paying US taxes, when you have tens of millions of illegal aliens allowed in with impunity, there are no jobs for US citizens, and that's just what US CORPORATIONS have always wanted. A bit short sighted, however, as unpaid US citizens mean fewer consumers to buy all those foreign goods.

Anonymous said...

anonymous october 30 2:54PM well said. sums the whole thing up

Anonymous said...

Mr. Roberts has hit the nail on the head yet again. While it is gratifying to hear someone saying the same things that my husband and I have been saying for a long time, still, it's sad it needs saying at all. My heart breaks for our poor nation. The saddest part? We were warned more than 200 years in advance to watch and not let this happen. We did not heed those warnings. "Eternal vigilance..."

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