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November 23, 2014
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Tag: Paul Craig Roberts


The Looming Foreclosure Crisis: Local Governments Step In

Mortgage debt overhang from the housing bust has meant lack of middle-class spending power, and low consumer demand is preventing the economy from growing. The problem might be fixed by a new approach from the Fed. But if the Fed won’t act, counties will, as seen in the latest developments on eminent domain and litigation over MERS.

Posted on Jul 7, 2014 READ MORE



photologue_np (CC BY 2.0)

‘Another Phony Jobs Report From a Government That Lies About Everything’

The 179,000 jobs created in May and boasted about by the Obama administration are no more than “the usual lowly paid non-exportable domestic service jobs—the jobs of a third world country,” former Assistant Treasury Secretary Paul Craig Roberts writes.

Posted on Jun 8, 2013 READ MORE



goingslo (CC BY 2.0)

A Recovery for the Piggies, Not You

The economic crisis “ended only for the top 7 percent of households that have substantial holdings of stocks and bonds,” former Reagan Assistant Secretary of the Treasury Paul Craig Roberts writes. “The other 93% of the American population is still in recession.”

Posted on May 1, 2013 READ MORE



striatic (CC BY 2.0)

Truth Telling Is Offensive

Paul Craig Roberts was an assistant secretary of the Treasury under Ronald Reagan. Like many Americans, he has been wounded by the government he helped create, and he’s tired of being called offensive and depressing for talking about it.

Posted on Apr 6, 2013 READ MORE



Carl Loven (CC BY 2.0)

What Drop in Unemployment?

Despite the Bureau of Labor Statistics’ report that U.S. unemployment fell to 7.7 percent in February, the real jobless rate stands at 23 percent.

Posted on Mar 14, 2013 READ MORE



Don Hankins (CC BY 2.0)

Shortchanged Workers Fuel the Missing Recovery

“Today the stock market is high not from profits from expanding sales revenues, but from labor cost savings,” former Reagan Treasury Secretary Paul Craig Roberts writes in CounterPunch.

Posted on Mar 6, 2013 READ MORE



LaDawna's pics (CC BY 2.0)

Truthdigger of the Week: Anonymous Obamacare Explainer

Mindful of the bewildering complexity of the issues they report, the best journalists are also teachers who patiently explain the deep meanings and consequences of their findings in language literate audiences can understand. With the Affordable Care Act going into full effect in less than a year, a detailed lesson on how it will impact many Americans’ finances is urgent.

Posted on Feb 9, 2013 READ MORE


Roberts on Russia Today

Former Reagan Official: White House Sanctioned Georgia-Russia Conflict

Paul Craig Roberts, who was assistant secretary of the treasury during Ronald Reagan’s presidency, sees the Georgia-Russia conflict differently than the Bush administration does: “Americans themselves have nothing to gain,” Roberts said Friday; “What is operating is the dangerous ideology of the American neoconservatives whose goal is to assert American hegemony over the entire world.”

Posted on Aug 15, 2008 READ MORE


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