Paul Craig Roberts: The Impotence of Elections - Alex Jones Tv 1/4

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
9,674
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Nov 4, 2010

Paul Craig Roberts
http://www.infowars.com.
http://www.prisonplanet.tv/
November 3, 2010

In his historical novel, The Leopard, Giuseppe di Lampedusa writes that things have to change in order to remain the same. That is what happened in the US congressional elections on November 2.

Americans out of work, out of income, out of homes and prospects, and out of hope for their children's careers are angry.




Jobs offshoring, which began on a large scale with the collapse of the Soviet Union, has merged the Democrats and Republicans into one party with two names. The Soviet collapse changed attitudes in socialist India and communist China and opened those countries, with their large excess supplies of labor, to Western capital.

Pushed by Wall Street and Wal-Mart, American manufacturers moved production for US markets offshore to boost profits and shareholder earnings by utilizing cheap labor. The decline of the US manufacturing work force reduced the political power of unions and the ability of unions to finance the Democratic Party. The end result was to make the Democrats dependent on the same sources of financing as Republicans.

Prior to this development, the two parties, despite their similarities, represented different interests and served as a check on one another. The Democrats represented labor and focused on providing a social safety net. Social Security, Medicare, Medicaid, food stamps, unemployment insurance, housing subsidies, education, and civil rights were Democratic issues. Democrats were committed to a full employment policy and would accept some inflation to secure more employment.

The Republicans represented business. The Republicans focused on curtailing big government in all its manifestations from social welfare spending to regulation. The Republicans' economic policy consisted of opposing federal budget deficits.

These differences resulted in political competition.

Today both parties are dependent for campaign finance on Wall Street, the military/security complex, AIPAC, the oil industry, agri-business, pharmaceuticals, and the insurance industry. Campaigns no longer consist of debates over issues. They are mud-slinging contests.

Angry voters take their anger out on incumbents, and that is what we saw in the election. Tea Party candidates defeated Republican incumbents in primaries, and Republicans defeated Democrats in the congressional elections.

Policies, however, will not change qualitatively. Quantitatively, Republicans will be more inclined to more rapidly dismantle more of the social safety net than Democrats and more inclined to finish off the remnants of civil liberties. But the powerful private oligarchs will continue to write the legislation that Congress passes and the President signs. New members of Congress will quickly discover that achieving re-election requires bending to the oligarchs' will.

This might sound harsh and pessimistic. But look at the factual record. In his campaign for the presidency, George W. Bush criticized President Clinton's foreign adventures and vowed to curtail America's role as the policeman of the world. Once in office, Bush pursued the neoconservatives' policy of US world hegemony via military means, occupation of countries, setting up puppet governments, and financial intervention in other countries' elections.
http://www.infowars.com/the-impotence-of-elections/

  • likes, 2 dislikes

Link to this comment:

Share to:

Top Comments

  • This man states that he does not believe its a conspiracy and that its all an interdependent free flowing and fluctuating economic system which all parties want to save for their own self-preservation. He doesn't understand the bigger picture. He doesn't understand "Order out of Chaos". The world economy is being brought down by design in order to be replaced by something entirely new. Without this fundamental truth, there's no point in discussing economics with somebody who can't see it.

  • This attitude that the economy is just a random evolving entity that just fluctuates on its own and that the Fed doesn't know what its doing and is simply trying to react and counter the beast in desperation is truly a naive point of view. A point of view of someone who still believes the fundamental structure of the world economic system is sound and just.but simply going through a cyclical rough period. What do you expect from the "father of reaganomics"? Its all by design and planned.

see all

All Comments (74)

Sign In or Sign Up now to post a comment!
  • It is very basic.

    The mass murdering Debt Syndicate is creating massive synthetic scarcity by sequestering materials & goods in transit with their trillions in speculation fraud-dollars through the derivatives scam.

    Then as currencies devalue the goods are removed from the market, and sooner or later everyone will be reduced down to what used to be called poverty.

    Poverty will be the new normal.

  • The 2008 election is what woke me up. It was such a staged circus fraud that I couldn't help but know that something was up.

  • @alpidistra yes he does understand, he is an insider, that's why he is not talking

    and playing dumb, he knows if he talk they will have his head on a silver platter...

  • PCR for pres.

  • @dontblockmedk ---unfortunately,that will never happen on THIS planet!

  • @alpidistra I'd say he does know. He just cant talk about things h doesn't know

  • @HyperBorealOperator That's fundamentally true since they are operating on a set of rules that will soon no longer apply. In essence, their very belief that they can somehow control this collapse is a key factor in it getting out of control. Its supposed to be that way. They are the primary movers in their own demise. It's like transoceanic ship operators trying to figure out how to increase speed when jumbo jets are just around the corner. Quite amusing indeed!!

  • After the 0.6 billions USD are in the economy, its value will decrease ad the ones who will finally get the money are the banks :) Europe and China has started to get rid of their USD reserves. The Chinese alone have 2.4 trillion USD degrading in value daily. They won't wait any longer. But they will also loose a lot, because the FED now attacks the USD value.

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more