Paul Craig Roberts: America – A Country of Serfs Ruled By Oligarchs

See also: Paul Craig Roberts: It Is Now Official: The U.S. Is A Police State


Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan’s first term. He was Associate Editor of the Wall Street Journal. He has held numerous academic appointments, including the William E. Simon Chair, Center for Strategic and International Studies, Georgetown University, and Senior Research Fellow, Hoover Institution, Stanford University.

paul-craig-roberts
Paul Craig Roberts

The media has headlined good economic news: fourth quarter GDP growth of 5.7 percent (“the recession is over”), Jan. retail sales up, productivity up in 4th quarter, the dollar is gaining strength. Is any of it true? What does it mean?

The 5.7 percent growth figure is a guesstimate made in advance of the release of the U.S. trade deficit statistic. It assumed that the U.S. trade deficit would show an improvement. When the trade deficit was released a few days later, it showed a deterioration, knocking the 5.7 percent growth figure down to 4.6 percent. Much of the remaining GDP growth consists of inventory accumulation.

More than a fourth of the reported gain in Jan. retail sales is due to higher gasoline and food prices. Questionable seasonal adjustments account for the rest.

Productivity was up, because labor costs fell 4.4 percent in the fourth quarter, the fourth successive decline. Initial claims for jobless benefits rose. Productivity increases that do not translate into wage gains cannot drive the consumer economy.

Housing is still under pressure, and commercial real estate is about to become a big problem.

The dollar’s gains are not due to inherent strengths. The dollar is gaining because government deficits in Greece and other EU countries are causing the dollar carry trade to unwind. America’s low interest rates made it profitable for investors and speculators to borrow dollars and use them to buy overseas bonds paying higher interest, such as Greek, Spanish and Portuguese bonds denominated in euros. The deficit troubles in these countries have caused investors and speculators to sell the bonds and convert the euros back into dollars in order to pay off their dollar loans. This unwinding temporarily raises the demand for dollars and boosts the dollar’s exchange value.

The problems of the American economy are too great to be reached by traditional policies. Large numbers of middle class American jobs have been moved offshore: manufacturing, industrial and professional service jobs. When the jobs are moved offshore, consumer incomes and U.S. GDP go with them. So many jobs have been moved abroad that there has been no growth in U.S. real incomes in the 21st century, except for the incomes of the super rich who collect multi-million dollar bonuses for moving U.S. jobs offshore.

Without growth in consumer incomes, the economy can go nowhere. Washington policymakers substituted debt growth for income growth. Instead of growing richer, consumers grew more indebted. Federal Reserve chairman Alan Greenspan accomplished this with his low interest rate policy, which drove up housing prices, producing home equity that consumers could tap and spend by refinancing their homes.

Read morePaul Craig Roberts: America – A Country of Serfs Ruled By Oligarchs

BBC Scotland Investigative Reporters Threatened To Stop Documentary Or Get Sacked; Reporter Robert Green On The Hollie Greig Abuse Case And The Aberdeen Paedophile Ring

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Robert Green RELEASED update here :
http://www.pressandjournal.co.uk/Arti…

REGULAR UPDATES FROM HOLLIE’S BLOG HERE : http://stolenkids-hollie.blogspot.com/

UPDATE ON ROBERT GREEN ARREST HERE : http://www.pressandjournal.co.uk/Arti…

Earlier report on Hollie Greig’s abuse case here : http://www.ukcolumn.org/2010/02/02/ch…

In the October 2009 print edition of the UK Column, we reported in our article BBC Hides Truth of Girls Sexual Abuse Ordeal the shocking ordeal of Downs Syndrome girl, Hollie Greig, who was horribly abused by an Aberdeen paedophile ring, over a period of ten years. After investigating and planning a documentary, the BBC abruptly dropped the case, despite admitting that Hollie was a reliable and accurate witness. It is important to stress that both the police and qualified medical experts have described Hollie as a competent and entirely honest witness.

From the age of just six, Hollie was repeatedly sexually abused by her father, Denis Charles Mackie. Later, Mackie began sharing his daughter with a gang of paedophile swingers that has been operating in Aberdeen for many years. The identities of a further seven child victims are already known. There is no question that the gang are well-connected, efficiently organised and totally ruthless. Our frightening story is that they are protected by individuals of high standing within the Scottish establishment.

In 2000, after 14 years of terrified silence, Hollie eventually told her mother, Anne, about the abuses. Formal statements were made to Grampian Police, providing all the horrifying details and the names of the abusers. They included a senior Scottish Sheriff, a policeman, social workers, a nurse, a solicitor, an accountant, a fire officer, married couples and others. Some of the rapes were carried out at the homes of these individuals, including that of the Sheriffs sister. Other children were sometimes involved, including children of the paedophiles themselves.

The latest chapters in this astonishing and horrifying story about Hollie, and the seven other abused children, have taken place over the past few weeks. The key issues are a continued refusal by Grampian police to fully investigate the overwhelming evidence for the paedophile rapes, and a wall of silence by the Scottish establishment.

Whilst there has been some general Scottish media coverage, notably in The Firm and the Aberdeen Press and Journal, the media has been largely silent on what must be one of Scotlands worst top level paedophile scandles. A key figure in the press silence is the Lord Advocate, in her former role as Procurator Fiscal in Aberdeen, when in 2000 she is alleged to have effectively buried the case. Was this to prevent her associate and most influential member of the paedophile ring, Sheriff X, from being investigated, along with the other named members of the fifteen-strong rape gang?

Read moreBBC Scotland Investigative Reporters Threatened To Stop Documentary Or Get Sacked; Reporter Robert Green On The Hollie Greig Abuse Case And The Aberdeen Paedophile Ring

There Is No Recovery: Utah Proposes Scrapping 12th Grade; Nevada Rations Diapers; Harrisburg Heads For Bankruptcy; NBA Lockouts Loom

Prepare for collapse.


Here is a quick roundup with a general theme of “Hard Times”.

12th Grade Optional

Utah considers cutting 12th grade — altogether

At Utah’s West Jordan High School, the halls have swirled lately with debate over the merits of 12th grade. The sudden buzz over the relative value of senior year stems from a recent proposal by state Sen. Chris Buttars that Utah make a dent in its budget gap by eliminating the 12th grade.

Buttars has since toned down the idea, suggesting instead that senior year become optional for students who complete their required credits early. He estimated the move could save up to $60 million, the Salt Lake Tribune reported.

The proposal comes as the state faces a $700-million shortfall and reflects the creativity — or desperation — of lawmakers all over.

“You’re looking at these budget gaps where lawmakers have to use everything and anything to try to resolve them,” said Todd Haggerty, a policy associate with the National Conference of State Legislatures. “It’s left lawmakers with very unpopular decisions.”

“The bottom line is saving taxpayer dollars while improving options for students,” said state Sen. Howard A. Stephenson, a Republican and co-chairman of the Public Education Appropriations Subcommittee. “The more options we give to students to accelerate, the more beneficial it is to students and taxpayers.”

Jordan Utah School District To Lay Off 500

Jordan District to lay off 500 employees because of $30M shortfall

The Jordan School District will lay off 500 employees by July 1 as part of an effort to make up for a $30 million shortfall.

By a 6-1 vote, the Jordan Board of Education approved options to reduce the 2010-11 budget, which include personnel cuts, programs and services cuts, transfer of expenditures to other programs, compensation adjustments, class-size increases, and possible tax increases.

Between now and the end of March, the board will determine which positions and programs will be eliminated. As many as 250 teaching positions and 250 administrative/support staff positions will be cut.

Not a single teacher need be cut. All it takes is unions to lower salary demands and/or pensions. Any cuts are the direct responsibility of the Teachers’ union.

Harrisburg Pennsylvania Heads For Bankruptcy

Harrisburg excludes debt payments from 2010 budget

Harrisburg, Pennsylvania, moved a step closer to defaulting on a bond payment when its city council passed a 2010 budget that does not include $68 million in debt repayments on an incinerator.

Read moreThere Is No Recovery: Utah Proposes Scrapping 12th Grade; Nevada Rations Diapers; Harrisburg Heads For Bankruptcy; NBA Lockouts Loom

Police State: Cops Taser 15-Year-Old Boy at Basketball Game

Raw Video Footage of Monessen taser incident


Student Speaks Out Over Brawl At High School gets tasered by cop

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Read morePolice State: Cops Taser 15-Year-Old Boy at Basketball Game

US soldier ‘waterboarded his own daughter, 4, because she couldn’t recite the alphabet’

human-rights-activists-demonstrate-waterboarding
Human rights activists demonstrate waterboarding in front of the Justice Department. A soldier father stands accused of waterboarding his daughter because she couldn’t recite the alphabet

A U.S. soldier has been accused of ‘waterboarding’ his four-year-old daughter because she couldn’t recite the alphabet.

Joshua Tabor admitted to police that he used the CIA torture technique because he was so angry.

As his daughter ‘squirmed’ to get away, Tabor said he submerged her face – upwards – three or four times until the water was lapping around her forehead and jawline.

Tabor, 27, admitted to investigators that his daughter was terrified of water and he had deliberately chosen the punishment.

Read moreUS soldier ‘waterboarded his own daughter, 4, because she couldn’t recite the alphabet’

Poland: Priest checks fingerprints for mass attendance

WARSAW (Reuters) – A Polish priest has installed an electronic reader in his church for schoolchildren to leave their fingerprints in order to monitor their attendance at mass, the Gazeta Wyborcza daily said on Friday.

Oddly Enough

The pupils will mark their fingerprints every time they go to church over three years and if they attend 200 masses they will be freed from the obligation of having to pass an exam prior to their confirmation, the paper said.

The pupils in the southern town of Gryfow Slaski told the daily they liked the idea and also the priest, Grzegorz Sowa, who invented it.

“This is comfortable. We don’t have to stand in a line to get the priest’s signature (confirming our presence at the mass) in our confirmation notebooks,” said one pupil, who gave her name as Karolina.

Read morePoland: Priest checks fingerprints for mass attendance

US: Girl, 12, handcuffed and arrested for doodling on her desk

NEW YORK, N.Y.-A New York City junior high student has been arrested for doodling on her desk.

Alexa Gonzalez, 12, scribbled “Lex was here 2/1/10” on her desk Monday. She also wrote “I love my friends Abby and Faith.”

Moraima Tamacho says her daughter was released several hours after she was taken in handcuffs to a police station, according to the Daily News.

Education department spokesman David Cantor said the incident shouldn’t have happened, and that common sense should prevail.

Last month, the New York Civil Liberties Union filed a lawsuit alleging more than 20 instances of wrongful arrests and assaults by school safety officers.

Read moreUS: Girl, 12, handcuffed and arrested for doodling on her desk

Judge Seals Video in Taser Case – Police State: Cop Tasered Man to Death (9 Times in 14 Minutes)

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Related information:

Police State: DRONES used to spy on AMERICANS!

Police State: Chicago Cop Tasered Unconscious Diabetic 11 Times

Police State: Cop threatens to taser man for trespassing on his own property

Police State: Student Suspended And Assaulted For Handing Out ANTI-VACCINE Flyers

Police State: Cop uses Taser on 10-year-old girl who ‘refused to take a shower’

Police State: Cops Taser A Handcuffed And Subdued Suspect

Police State: Cops Attack Anti-War Demonstrators In Rochester, New York

Police State: Cop Caught On Camera beating special education student for not having his shirt tucked in

Police State: Florida cop attempts drive-by Tasering, runs over suspect

Police State: 14-Year-Old Girl Tasered In The Head

Police State: Cops Taser a 76-Year-Old Tractor Driver in Parade

Police State: Mother Watched Son Tasered To Death

Police State: Cops pepperspray, taser mentally challenged, deaf man, while using the toilet

Police State: Cops Taser Child 19 Times Leaving Him in a Coma

Police State: Cop Tasers Mom In Front of Her Children

Unedited Dash Cam Footage of Grandmother Being Tased

Taser use to obtain DNA not unconstitutional: NIAGARA COURTS RULING

Prison officer zaps children with 50,000-volt stun gun ‘to show them what a day at work is like’

Top cop fired for allegedly using Taser on wife

Ex-NFL Player Tasered For Pointing At Cop

Read moreJudge Seals Video in Taser Case – Police State: Cop Tasered Man to Death (9 Times in 14 Minutes)