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By all Measures the US Has the World’s Most Incompetent Government
and the Worst Media
Paul Craig Roberts

US President Biden claims Russian troops continue “encircling Ukraine” even as Moscow says they are withdrawing.

The Russian soldiers were never there for the purpose of invading Ukraine. They were in Belarus as part of a training exercise akin to the ones NATO continually conducts on Russia’s borders.  The Troops in Ukraine were there to intercede if Ukraine invaded the Donbass republics. 

The accusation of a Russian invasion was an obvious lie from the beginning.  The purpose of the lie was to scare Europeans about Russia in order to keep them on the US reservation.

Biden claims there is no evidence of troop departure, and the presstitutes claim the Russians are not departing but repositioning for an attack. 

Western governments and presstitutes are now firm believers of their own lies.  The London Times’ defense editor Larisa Brown cites an “unnamed official” who allegedly claims:  “We have seen reinforcement of combat and other capabilities close to the border. On balance what we have seen is further reinforcement.”

This from the BBC presstitutes:  “A small but politically vocal portion of the American electorate that admires Vladimir Putin’s muscular policies is seeking to undermine US President Joe Biden’s efforts to stand up to the Russian president.” It is Russia encircling Ukraine, not the US encircling Russia.  It is the US standing up to Russia, not Russia standing up to the US.

The British Financial Times reports that “Western intelligence” (an oxymoron) has concluded that the Russians have chosen a former Ukrainian member of parliament, Oleg Tsaryov, to be installed as Ukraine’s president following the Russian invasion. 

The less evidence there is of an invasion, the more we are told it is about to happen.  The latest from the British press is that according to US intelligence (an oxymoron) in the early hours of Wednesday morning Russia will invade with 200,000 soldiers after a massive missile blitz.  When Americans arise at 7AM Wednesday, it will be afternoon there.  Have a look to see if Ukraine is still there.

 My conclusion is that the West will declare there has been an invasion when there hasn’t, and the presstitutes will turn the lie into the truth. 

How else are Biden, the Western governments, and the presstitute media going to avoid looking like total fools, victims of their own propaganda? 

Putin is taking a somewhat similar risk by holding on to his belief in the Minsk Agreement, when Ukraine, by far the weaker party, demands that the issue with Russia, by far the stronger party, be settled on Ukraine’s terms. 

Will this latest excuse for Ukrainian non-compliance with the Minsk Agreement  result in the Kremlin finally seeing the futility of this approach?

The United States has been in totally incompetent hands since the ascension  of the Clinton regime. The practice of US manufacturers of offshoring the production of the goods and services that they sell in the US has exploded the annual trade deficit of the US to  one trillion dollars.  When I was Assistant Secretary of the Treasury, the US had a trade deficit only in energy and it was covered by surpluses elsewhere.

A country that gives its own jobs to foreigners turns domestic production into imports, an act of extreme idiocy.  

Washington has now matched this act of idiocy with another–making an enemy out of Russia.


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.

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.

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.

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.

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.

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.

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. His latest book, HOW THE ECONOMY WAS LOST, has just been published by CounterPunch/AK Press. He can be reached at: [email protected]


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