|Paul Craig Roberts
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. http://www.opednews.com/articles/Gulf-ecosystem-in-crisis-a-by-Dahr-Jamail-Corporation-BP_Ecosystems_Gulf-Oil-Spill-Disaster_Gulf-Shrimping-Industry-131020-15.html
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 nd 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, http://www.globalresearch.ca/28-signs-that-the-west-coast-is-being-absolutely-fried-with-nuclear-radiation-from-fukushima/5355280
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.” http://en.wikipedia.org/wiki/Chemtrail_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, http://news.sciencemag.org/2009/03/darpa-explore-geoengineering Search Chemtrails, and you will find much information that is kept from you. See, for example, http://www.globalresearch.ca/chemtrails-a-planetary-catastrophe-created-by-geo-engineering/5355299 and http://www.geoengineeringwatch.org
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.
|Secrets of the Fed
Taiwanese Special Forces and a select few other military units recently received updated bulletproof armor that includes a ballistic face mask that serves to protect operators from lethal headshots and to reduce fighting effectiveness of opposing forces, seemingly by causing them to immediately curl into the fetal position and cry for their mothers. Check out one of the scariest-looking armies ever after the jump.
The United States has also used the ballistic mask for small teams in Iraq and Afghanistan, as well as during the drug war of the 1980s. A handful of these guys approaching is likely enough to disconcert even the most hardened cartel enforcer, but an entire platoon marching in lockstep is so terrifying we assume the weapons they’re carrying are just for show.
▼ After all, it’s hard to hit a target that’s fleeing full-sprint in the other direction.
Each ballistic mask is apparently rated to block close-range shots from a .44 magnum – which, if our extensive video game experience is any indication, is a hell of a weapon. It should be noted, however, that the mask distributes the impact of a bullet over a relatively small surface area, meaning a headshot, while not lethal to the mask wearer, is sure to ruin his day and probably his dating prospects for a very long time.
Other than the obvious added protection and intimidation factor of the masks, there is one other possible explanation for the Taiwanese government issuing them: they don’t want us to realize that they’ve actually just introduced a horrifying army of supersoldier Boba Fett clones.
Source: DDN Japan
The latest surge in radiation at Fukushima nuclear plant may suggest not only additional water leaks at the site, but could also mean fission is occurring outside the crippled reactor, explains Chris Busby from the European Committee on Radiation Risk.
The increase in radiation reading is too significant to be blamed on random water leaks, believes Busby.
Obama’s pen-pal who he’s got a date with at the General Assembly. Would love to be a “fly on the wall” of Bibi’s office.
Iran held a large-scale military demonstration over the weekend, parading ballistic missiles and other weapons that were painted with the slogans, “Death to America” and “Death to Israel,” according to regional reports.
The military parade was viewed as a show of force to Western nations ahead of Iranian President Hassan Rowhani’s appearance at the United Nations General Assembly in New York City.
However, Rowhani adopted a harder line over the weekend when he appeared at the demonstration to help rally the country with anti-Israel and anti-U.S. rhetoric.
“Today too, the armed forces of the Islamic Republic and its leadership will never launch any aggressive action in the region,” Rowhani was quoted as saying by Israel’s Arutz Sheva. “But they will always resist aggressors determinedly until victory.”
Iran’s military will act as a “factor of stability and peace in the region,” according to Rowhani.
“Down with U.S.A.” could be seen painted across the side of a military truck that drove down Iranian streets displaying Tehran’s latest missiles.
Another missile-toting truck was equipped with a sign that read, “Death to Israel,” and featured a picture of an Israeli flag engulfed in flames.
The military parade was held to mark the 33rd anniversary of the Iran-Iraq war. Rowhani praised the country’s military achievements during a speech to mark the occasion, according to China’s state-run Xinhua.
|President Bashar al-Assad stressed that Syria is a sovereign country that will fight terrorism and will freely build relationships with countries in a way that best serves the interests of the Syrian people.
In an interview with the Russian newspaper of Izvestia, President al-Assad stressed that “the majority of those we are fighting are Takfiris, who adopt the al-Qaeda doctrine, in addition to a small number of outlaws.”
On the alleged use of chemical weapons, President al-Assad said that the statements by the US administration, the West and other countries were made with disdain and blatant disrespect of their own public opinion, adding that “there isn’t a body in the world, let alone a superpower, that makes an Continue reading
“Middle East memo” calls for ending ceasefire and purposefully perpetuating violence.
Βy Tony Cartalucci
The Brookings Institution is a Fortune 500-chaired and funded (p. 35 .pdf) US policy think tank and represents policy makers responsible for the vast majority of both America’s domestic and foreign policy. While some may naively believe President Obama or America’s elected representatives sit behind their desks late at night penning America’s future, in reality, they merely use their desks to rubber-stamp what think-tanks like Brookings passes to them.
And certainly, that policy reflects not the interests of the American people, but of the corporations that spend millions a year to keep these think-tanks flush in cash and ideas, as well as providing them the means to sell these ideas to an unwitting public. Those acquainted with these think-tanks are aware years in Continue reading
Something remarkable has happened. The New York Times, the most influential newspaper in the United States, has published a photo on its front page on Thursday that may be able to prevent the attack on Syria.
The photo shows how seven soldiers of the Syrian Army, who were caught by the terrorists, are kneeling on the ground and have their hands tied to the back while they are waiting for their execution.
All soldiers have terrible wounds on their backs and arms. Behind them on the photo are exactly the guys, which the United States supports and supplies with weapons.
After the leader Abdul Samad Issa read out a poem, all prisoners are killed by headshots. The dead bodies Continue reading
|Βy James Corbett
Given that the pretext for attacking Syria is falling apart before the public’s eyes, why is the US preparing to wage war on that country? Who benefits from the ongoing destabilization of Assad’s government? What will the Middle East look like if the Sunnis take over Syria? What is Israel’s role in this? What do Turkey, Qatar and Saudi Arabia have to gain from a war in Continue reading
|By George Washington
Without doubt, the Syrian rebels had access to chemical weapons … and have apparently used them in the recent past.
Associated Press reported last week:
| By Tyler Durden
While it is unknown is the US is suddenly focusing more on non-Cyprus based air support in the aftermath of the Cypriot decision to prohibit the launch of air strikes from its territory (just in time following a Russian agreement to restructure Cyprus debt), what is known, according to Reuters, is that while broad popular opinion is that the war drums are beating far more quietly following Obama’s Saturday punt to Congress (a decision which can certainly still go either way), the US has decided to reroute CVN-68 USS Nimitz, and other ships in its strike group including four destroyers, in direction west toward the Red Sea “to help support a limited U.S. strike on Syria, if needed, defense officials said on Sunday.”
|The Daily Sheeple
Russia’s President Vladimir Putin may have taken the middle east conflict to a whole new level according to a new report.
Earlier this month Putin met with Saudi Arabia’s head of intelligence, Prince Bandar bin Sultan, to discuss the situation in Syria. In a stunning leak of minutes from the meeting made public by the UK Telegraph, the Prince offered Russia a strategic pact to control the price, production and distribution of oil throughout Europe in exchange for Russia’s agreement to allow US and British forces unimpeded military action in Syria.
More important than the offer, however, is the veiled threat that followed.
This can be construed only one way.
Corbett Report: Download (Right Click > Save As)
In this exclusive clip from the forthcoming edition of the Jack Blood Podcast, James Corbett and Jack Blood dissect the latest reports of a chemical weapons attack in Syria, occuring just two days after a UN chemical weapons team arrived in the country. James goes over the history of false flag chemical provocations in the country and the reasons why we should doubt the quickly-forming official narrative that this attack was perpetrated by Assad’s military. Listen to the Jack Blood podcast at DeadlineLive.info.