Establishment War Against “We the People” – Paul Craig Roberts

Former Assistant Treasury Secretary and award winning journalist Dr. Paul Craig Roberts (PCR) says the country has changed dramatically since the massively fraudulent and rigged 2020 Election that put Joe Biden in the White House.  Dr. PCR says, “First, consider there is now an organized war by the establishment against anyone who takes exception to their explanation of the election.  We see, for example, free speech is now dead.  Many of the institutions in the United States no longer believe in it.  You can’t protest what you perceive as a stolen election without being called an enemy of democracy.  Well, someone who is protesting what they perceive as a stolen election is defending democracy.  Now, that means they are an enemy because the narrative can’t be challenged.  You can’t say anything is wrong with the 2020 Election even if you have enormous evidence.  So, you don’t have free speech.  Also, a lot of people who attended the Trump rally (in Washington D.C. 1/6/21) have been fired simply for attending the rally.  So, you don’t have freedom of association. You cannot do anything that is seen as opposition to the establishment. . . . Biden was demanding personal allegiance from the troops who defended the inauguration.  So, it looks more and more like a dictatorship.”

Dr. PCR goes on to say, “The evidence is overwhelming that the election was stolen.  There is no doubt about it. . . . Let’s assume we don’t really know if the election was stolen.  We do know everybody who voted for Trump believes it was stolen.  We also know from the polls that 30% of Democrats believe it was stolen. . . .So, if that many people believe it was stolen, the government has an obligation to investigate and tell the people we looked at the evidence . . . and say it was or was not stolen, but they refuse to look at the evidence.  They had the explanation ready, and the explanation was ‘there’s no evidence.’ . . . They failed, we have a divided country and they just let the country be divided.  Now, they are going to pass a domestic terrorism law, and the purpose is to further control any dissent. . . . This is why I say we have crossed a line.  This is like Caesar crossing the Rubicon.  That was the end of the Roman Republic.  This is the end of democracy. . . . The Republican Party is dead because they failed Trump voters.”

Dr. PCR, who holds a PhD in Economics, says the Biden Administration policies are going to tank the U.S. economy.  For example, on Biden’s first day in office, he canceled the XL Pipeline and re-entered the Paris Climate Accord.  That killed tens of thousands of U.S. jobs with the stroke of Biden’s pen.  Again, this was on the very first day in office.  Dr. PCR says, “The economy is already wrecked, and so Biden is going to wreck a wrecked economy.”

The biggest problem Dr. PCR sees is not the federal debt.  Dr. PCR says, “The federal debt is not the problem, the real problem is the private debt. . . . The debt burden of the population has gone up over the last 25 years, and this is the difficult problem.  Income now is completely utilized in debt service.  This is what is meant by debt deflation.  Since the consumer is utilizing their money in debt service, there is no money for discretionary spending.  Therefore, there is nothing to support the rest of the economy. . . . Then, the lockdowns come, and they further restrict the income flow to the people who are already drowning in debt. . . .  The debt needs to be written off, but that is hard to do. . . .  So, when people talk about a collapse, this will be the cause of the collapse.  We will have a debt deflation collapse and not hyperinflation.”

You can See the Whole Interview Here…

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2 months ago

Paul Craig Roberts always makes good points. Though, I think he is right about the average person experiencing debt deflation. I think PCR is slightly off saying that the massive money creation of the Federal Reserve will not impact the government as well as average Americans. IMO, our looming economic crisis will be a combo of individual debt deflation and government hyperinflation. I also agree with him that the only answer is a Jubilee (debt forgiveness), but the international bankers will never allow that to happen short of a revolution and an overflow of international bankers that truly own/run the world.

“Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits.”
Quote by:
Sir Josiah Stamp
(1880-1941) President of the Bank of England in the 1920’s, the second richest man in Britain at the time
Speaking at the Commencement Address of the University of Texas in 1927 Ref: The Legalized Crime of Banking (1958) by Silas W. Adams