Ukrainians Dispossessed, Americans are next — Dr. Paul
Craig Roberts
Ukrainians
Dispossessed
Americans are next
Dr. Paul Craig RobertsDispossessed
Americans are next
Over the last 15 months Ukrainians have paid for
Washington’s overthrow of their elected government in deaths, dismemberment of
their country, and broken economic and political relationships with Russia that
cost Ukraine its subsidized energy. Now Ukrainians are losing their pensions and
traditional support payments. The Ukrainian population is headed for the
graveyard.
Washington’s overthrow of their elected government in deaths, dismemberment of
their country, and broken economic and political relationships with Russia that
cost Ukraine its subsidized energy. Now Ukrainians are losing their pensions and
traditional support payments. The Ukrainian population is headed for the
graveyard.
On June 1 the TASS news agency reported that
Ukraine has stopped payments to pensioners, World War II veterans, people with
disabilities, and victims of Chernobyl. According to the report, Kiev has also
“eliminated transport, healthcare, utilities and financial benefits for former
prisoners of Nazi concentration camps and recipients of some Soviet-era orders
and titles. Compensations to families with children living in the areas
contaminated by radiation from the Chernobyl accident will be no longer paid
either. Ukraine’s parliamentary opposition believes that the Prosecutor
General’s Office should launch an investigation against Prime Minister Arseniy
Yatsenyuk who actively promoted the law on the abolition of
privileges.”
Ukraine has stopped payments to pensioners, World War II veterans, people with
disabilities, and victims of Chernobyl. According to the report, Kiev has also
“eliminated transport, healthcare, utilities and financial benefits for former
prisoners of Nazi concentration camps and recipients of some Soviet-era orders
and titles. Compensations to families with children living in the areas
contaminated by radiation from the Chernobyl accident will be no longer paid
either. Ukraine’s parliamentary opposition believes that the Prosecutor
General’s Office should launch an investigation against Prime Minister Arseniy
Yatsenyuk who actively promoted the law on the abolition of
privileges.”
Notice that this is a yank of the blanket from
under the elderly in Ukraine. “Useless eaters,” they are assigned to the trash
can. How do the deceived Maiden student protesters feel now that they are
culpable in the destruction of their grandparents’ support systems? Do these
gullible fools still believe in the Washington-orchestrated Maiden Revolution?
The crimes in which these stupid students are complicit are horrific.
under the elderly in Ukraine. “Useless eaters,” they are assigned to the trash
can. How do the deceived Maiden student protesters feel now that they are
culpable in the destruction of their grandparents’ support systems? Do these
gullible fools still believe in the Washington-orchestrated Maiden Revolution?
The crimes in which these stupid students are complicit are horrific.
Yatsenyuk, or Yats as Victoria Nuland calls him,
is the Washington stooge that the US State Department selected to run the puppet
government established by Washington. Yats sounds like a right-wing Republican
when he refers to pensions, compensations, and social services as “privileges.”
This is the Republican view of Social Security and Medicare, programs paid for
by the payroll tax over the working lives of Americans. The Republicans stole
the payroll revenues and spent them on their wars that enrich Wall Street and
the military/security complex, and now blame “welfare handouts” for America’s
fiscal plight.
is the Washington stooge that the US State Department selected to run the puppet
government established by Washington. Yats sounds like a right-wing Republican
when he refers to pensions, compensations, and social services as “privileges.”
This is the Republican view of Social Security and Medicare, programs paid for
by the payroll tax over the working lives of Americans. The Republicans stole
the payroll revenues and spent them on their wars that enrich Wall Street and
the military/security complex, and now blame “welfare handouts” for America’s
fiscal plight.
Is Monsanto’s right to turn Ukraine into GMO food
production a privilege? Is VP Biden’s son’s right to destroy Ukraine’s surface
and underground water in fracking operations a privilege? Are the external costs
imposed on Ukrainians by these looting activities a privilege? Of course not!
These are not privileges. This is the operation of free market economics
creating the greatest good for the greatest number. (As many Americans will not
realize that I am engaging in satire, I would like to affirm that I
am.)
production a privilege? Is VP Biden’s son’s right to destroy Ukraine’s surface
and underground water in fracking operations a privilege? Are the external costs
imposed on Ukrainians by these looting activities a privilege? Of course not!
These are not privileges. This is the operation of free market economics
creating the greatest good for the greatest number. (As many Americans will not
realize that I am engaging in satire, I would like to affirm that I
am.)
The news report does not say whether the abolished
“privileges” are one part of a reform that will replace the terminated
“privileges” with a new social support system. Possibly this is the case, but as
the termination of pensions and payments was triggered by the coming into effect
of Yats’ law to “stabilize the financial condition of Ukraine,” the purpose of
the termination of Ukraine’s social welfare system might be to free up money to
hand over to the [corrupt] IMF and Western banks. In Ukraine, as in Greece, the
gullible and naive population that saw salvation in unity with the West will be
driven into the ground.
Russia, of course, will be blamed. I can already “privileges” are one part of a reform that will replace the terminated
“privileges” with a new social support system. Possibly this is the case, but as
the termination of pensions and payments was triggered by the coming into effect
of Yats’ law to “stabilize the financial condition of Ukraine,” the purpose of
the termination of Ukraine’s social welfare system might be to free up money to
hand over to the [corrupt] IMF and Western banks. In Ukraine, as in Greece, the
gullible and naive population that saw salvation in unity with the West will be
driven into the ground.
write the New York Times and Washington Post editorials and the words that will
come from Obama, CNN, and Fox “News.” In fact, so can my intelligent
readers.
The same looting is underway in Great Britain,
Italy, Spain, Portugal, and the United States. In Great Britain everything
achieved by the Labour Party over many decades has been taken away, and not only
by the Conservatives but by Labour leader Tony Blair himself.
Italy, Spain, Portugal, and the United States. In Great Britain everything
achieved by the Labour Party over many decades has been taken away, and not only
by the Conservatives but by Labour leader Tony Blair himself.
Tony Blair sold out his constituents for money and
is now among the One Percent. Bill Clinton did the same thing. Bill and Hillary
were able to spend $3 million on their daughter’s wedding, almost a world
record, dwarfing many Hollywood weddings. Obama is not even out of office and is
already rich. America’s faithful vassals–Merkel, Hollande, and Cameron–can look
forward to equal riches.
Karl Marx was correct when he said that money is now among the One Percent. Bill Clinton did the same thing. Bill and Hillary
were able to spend $3 million on their daughter’s wedding, almost a world
record, dwarfing many Hollywood weddings. Obama is not even out of office and is
already rich. America’s faithful vassals–Merkel, Hollande, and Cameron–can look
forward to equal riches.
corrupts all. Everything becomes a commodity that is bought and sold for money.
When money becomes the measure of a person, people
have become corrupted. And that is the plight of the Western world.
Where in the West is your wealth, small or large,
safe? Nowhere. Washington has destroyed financial privacy everywhere in the
West. Washington even forced Switzerland to violate its own laws in order to
comply with Washington’s insistence on the absence of any financial privacy.
For decades Americans with foreign bank accounts
have been required to report them on their income tax returns. Now if an
American owns a gold coin in a vault overseas, this must be reported to
Washington.
Once Washington knows the location of your assets, have been required to report them on their income tax returns. Now if an
American owns a gold coin in a vault overseas, this must be reported to
Washington.
the assets can be confiscated at will. Washington only has to make some
declaration or accusation or the other, and your wealth is gone.
As Washington has run the printing presses hard in
order to serve a handful of banks that control the US Treasury and the Federal
Reserve, unless China and Russia acquiesce to becoming Washington’s vassals
[that will not happen], at some point the dollar’s value is going to slide
downward. When that happens, the private Federal Reserve cannot continue to
create new money to meet Washington’s needs.
Where will the money come from? It will
come from Americans’ pensions.
Pensions accumulate tax free, and this
accumulation will be confiscated in whole or part to make up for the failure to
tax, another “privilege.”
That confiscation works that year. But what
happens the next year when the dollar is reeling on foreign exchange markets
from over-supply?
The answer is that another chunk of American
pensions, and I am speaking of private pensions, will be confiscated “in order
to stabilize the financial system.” Social Security will be long gone by this
time.
Alicia Munnel, who was my replacement as Assistant
Secretary of the Treasury for Economic Policy in the Clinton regime, advocated
many years ago a confiscation of private pensions, including your IRAs and
401Ks, in order to compensate the US government for their non-taxed
status.
Alicia has a sinecure at an Eastern university
where she continues to advocate against your pension. The joint attack by
Clinton Democrats on private pensions and by Conservative Republicans on public
pensions means that no American can look forward to having a pension. Americans
are only one presidential election away from the loss of their pensions, and it
doesn’t matter who they vote for.
where she continues to advocate against your pension. The joint attack by
Clinton Democrats on private pensions and by Conservative Republicans on public
pensions means that no American can look forward to having a pension. Americans
are only one presidential election away from the loss of their pensions, and it
doesn’t matter who they vote for.
Economic security is a thing of the past. Security
was a product of the US being the only extant economy following World War II. In
those days corporations believed, as did Washington, that companies had
obligations not only to shareholders but to employees, customers, and the
communities in which they were located.
This meant prosperity for all, not merely, as is was a product of the US being the only extant economy following World War II. In
those days corporations believed, as did Washington, that companies had
obligations not only to shareholders but to employees, customers, and the
communities in which they were located.
the case today, for corporate management and shareholders.
Apologists for exploitation claim that the rich
are richer because they are smarter. But the stupidity of the rich is everywhere
visible. The greedy fools have destroyed their domestic US markets. Really, how
stupid can you be? How do Americans buy when they are forced by offshoring out
of well paid manufacturing and software engineering jobs into being waitresses,
bartenders, retail clerks and part-time Walmart workers in order that corporate
bottom lines improve? Who buys the stuff that sustains the profits? Not
Americans who no longer have the incomes to do so.
The belief spread by Wall Street and “shareholder are richer because they are smarter. But the stupidity of the rich is everywhere
visible. The greedy fools have destroyed their domestic US markets. Really, how
stupid can you be? How do Americans buy when they are forced by offshoring out
of well paid manufacturing and software engineering jobs into being waitresses,
bartenders, retail clerks and part-time Walmart workers in order that corporate
bottom lines improve? Who buys the stuff that sustains the profits? Not
Americans who no longer have the incomes to do so.
advocates” that corporations only have responsibility to their owners and
managers has destroyed the American economy.
By locating production offshore, corporations have
destroyed the incomes that supported the American consumer market. For example,
the incomes associated with the production of Apple computers, I-Pads, and
I-Phones are in China. Apple’s American customers do not have the incomes
associated with the production of the products that Apple markets to them.
Americans are already dispossessed of their
livelihoods and careers and their pensions are next. Wherever we look, the fate
of populations under Western influence are the same. The Ukrainians are
exploited, the Greeks, the British, the Americans.
Wherever the West has an imprint, the populations livelihoods and careers and their pensions are next. Wherever we look, the fate
of populations under Western influence are the same. The Ukrainians are
exploited, the Greeks, the British, the Americans.
are exploited. Exploitation of the many for the few is the Hallmark of the West,
a decrepit, corrupt, and collapsing entity.
Hon. Paul Craig
Roberts is the John M. Olin Fellow at the Institute for Political Economy,
Senior Research Fellow at the Hoover Institution, Stanford University, and
Research Fellow at the Independent Institute. A former editor and columnist for
The Wall Street Journal and columnist for Business Week and the Scripps Howard
News Service, he is a nationally syndicated columnist for Creators Syndicate in
Los Angeles and a columnist for Investor’s Business Daily. In 1992 he received
the Warren Brookes Award for Excellence in Journalism. In 1993 the Forbes Media
Guide ranked him as one of the top seven journalists.
Roberts is the John M. Olin Fellow at the Institute for Political Economy,
Senior Research Fellow at the Hoover Institution, Stanford University, and
Research Fellow at the Independent Institute. A former editor and columnist for
The Wall Street Journal and columnist for Business Week and the Scripps Howard
News Service, he is a nationally syndicated columnist for Creators Syndicate in
Los Angeles and a columnist for Investor’s Business Daily. In 1992 he received
the Warren Brookes Award for Excellence in Journalism. In 1993 the Forbes Media
Guide ranked him as one of the top seven journalists.
He was
Distinguished Fellow at the Cato Institute from 1993 to 1996. From 1982 through
1993, he held the William E. Simon Chair in Political Economy at the Center for
Strategic and International Studies. During 1981-82 he served as Assistant
Secretary of the Treasury for Economic Policy. President Reagan and Treasury
Secretary Regan credited him with a major role in the Economic Recovery Tax Act
of 1981, and he was awarded the Treasury Department’s Meritorious Service Award
for "his outstanding contributions to the formulation of United States economic
policy." From 1975 to 1978, Dr. Roberts served on the congressional staff where
he drafted the Kemp-Roth bill and played a leading role in developing bipartisan
support for a supply-side economic policy.
Distinguished Fellow at the Cato Institute from 1993 to 1996. From 1982 through
1993, he held the William E. Simon Chair in Political Economy at the Center for
Strategic and International Studies. During 1981-82 he served as Assistant
Secretary of the Treasury for Economic Policy. President Reagan and Treasury
Secretary Regan credited him with a major role in the Economic Recovery Tax Act
of 1981, and he was awarded the Treasury Department’s Meritorious Service Award
for "his outstanding contributions to the formulation of United States economic
policy." From 1975 to 1978, Dr. Roberts served on the congressional staff where
he drafted the Kemp-Roth bill and played a leading role in developing bipartisan
support for a supply-side economic policy.
In 1987 the French government
recognized him as "the artisan of a renewal in economic science and policy after
half a century of state interventionism" and inducted him into the Legion of
Honor.
recognized him as "the artisan of a renewal in economic science and policy after
half a century of state interventionism" and inducted him into the Legion of
Honor.
Dr. Roberts’ latest books are The Tyranny of Good Intentions,
co-authored with IPE Fellow Lawrence Stratton, and published by Prima Publishing
in May 2000, and Chile: Two Visions—The Allende-Pinochet Era, co-authored with
IPE Fellow Karen Araujo, and published in Spanish by Universidad Nacional Andres
Bello in Santiago, Chile, in November 2000. The Capitalist Revolution in Latin
America, co-authored with IPE Fellow Karen LaFollette Araujo, was published by
Oxford University Press in 1997. A Spanish language edition was published by
Oxford in 1999. The New Colorline: How Quotas and Privilege Destroy Democracy,
co-authored with Lawrence Stratton, was published by Regnery in 1995. A
paperback edition was published in 1997. Meltdown: Inside the Soviet Economy,
co-authored with Karen LaFollette, was published by the Cato Institute in 1990.
Harvard University Press published his book, The Supply-Side Revolution, in
1984. Widely reviewed and favorably received, the book was praised by Forbes as
"a timely masterpiece that will have real impact on economic thinking in the
years ahead." Dr. Roberts is the author of Alienation and the Soviet Economy,
published in 1971 and republished in 1990. He is the author of Marx’s Theory of
Exchange, Alienation and Crisis, published in 1973 and republished in 1983. A
Spanish language edition was published in 1974.
co-authored with IPE Fellow Lawrence Stratton, and published by Prima Publishing
in May 2000, and Chile: Two Visions—The Allende-Pinochet Era, co-authored with
IPE Fellow Karen Araujo, and published in Spanish by Universidad Nacional Andres
Bello in Santiago, Chile, in November 2000. The Capitalist Revolution in Latin
America, co-authored with IPE Fellow Karen LaFollette Araujo, was published by
Oxford University Press in 1997. A Spanish language edition was published by
Oxford in 1999. The New Colorline: How Quotas and Privilege Destroy Democracy,
co-authored with Lawrence Stratton, was published by Regnery in 1995. A
paperback edition was published in 1997. Meltdown: Inside the Soviet Economy,
co-authored with Karen LaFollette, was published by the Cato Institute in 1990.
Harvard University Press published his book, The Supply-Side Revolution, in
1984. Widely reviewed and favorably received, the book was praised by Forbes as
"a timely masterpiece that will have real impact on economic thinking in the
years ahead." Dr. Roberts is the author of Alienation and the Soviet Economy,
published in 1971 and republished in 1990. He is the author of Marx’s Theory of
Exchange, Alienation and Crisis, published in 1973 and republished in 1983. A
Spanish language edition was published in 1974.
Dr. Roberts has held
numerous academic appointments. He has contributed chapters to numerous books
and has published many articles in journals of scholarship, including the
Journal of Political Economy, Oxford Economic Papers, Journal of Law and
Economics, Studies in Banking and Finance, Journal of Monetary Economics, Public
Finance Quarterly, Public Choice, Classica et Mediaevalia, Ethics, Slavic
Review, Soviet Studies, Rivista de Political Economica, and Zeitschrift fur
Wirtschafspolitik. He has entries in the McGraw-Hill Encyclopedia of Economics
and the New Palgrave Dictionary of Money and Finance. He has contributed to
Commentary, The Public Interest, The National Interest, Harper’s, the New York
Times, The Washington Post, The Los Angeles Times, Fortune, London Times, The
Financial Times, TLS, The Spectator, Il Sole 24 Ore, Le Figaro, Liberation, and
the Nihon Keizai Shimbun. He has testified before committees of Congress on 30
occasions.
numerous academic appointments. He has contributed chapters to numerous books
and has published many articles in journals of scholarship, including the
Journal of Political Economy, Oxford Economic Papers, Journal of Law and
Economics, Studies in Banking and Finance, Journal of Monetary Economics, Public
Finance Quarterly, Public Choice, Classica et Mediaevalia, Ethics, Slavic
Review, Soviet Studies, Rivista de Political Economica, and Zeitschrift fur
Wirtschafspolitik. He has entries in the McGraw-Hill Encyclopedia of Economics
and the New Palgrave Dictionary of Money and Finance. He has contributed to
Commentary, The Public Interest, The National Interest, Harper’s, the New York
Times, The Washington Post, The Los Angeles Times, Fortune, London Times, The
Financial Times, TLS, The Spectator, Il Sole 24 Ore, Le Figaro, Liberation, and
the Nihon Keizai Shimbun. He has testified before committees of Congress on 30
occasions.
Dr. Roberts was educated at the Georgia Institute of
Technology (B.S.), the University of Virginia (Ph.D.), the University of
California at Berkeley and Oxford University where he was a member of Merton
College.
Technology (B.S.), the University of Virginia (Ph.D.), the University of
California at Berkeley and Oxford University where he was a member of Merton
College.
He is listed in Who’s Who in America, Who’s Who in the World,
The Dictionary of International Biography, Outstanding People of the Twentieth
Century, and 1000 Leaders of World
Influence.
The Dictionary of International Biography, Outstanding People of the Twentieth
Century, and 1000 Leaders of World
Influence.
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