Friday, March 26, 2010

Truth Has Fallen and Has Taken Liberty With It

by Paul Craig Roberts from ICH. This former member of the Washington establishment has discovered what happens when one doesn't follow the capitalist party line. I find problems with some of his views, but overall they are on target. He does not seem to understand that capitalism has shifted to a global development rather than merely a national phenomenon. Thus it is no longer "what is good for General Motors is good for America", but rather the new theme for capitalism is "what is good for The Federal Reserve, Goldman-Sachs, Deutsche Bank, etc, is good for capitalists regardless of what country they reside in. Many of them have homes in three or four countries. They are true globalists. Because he did not get on board with this new theme, he has been removed from mainstream media which are owned by, and serve the capitalist ruling classes.