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Institute for Political Economy
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Tulsi Gabbard Might Be a Leader We Can Believe in

Sat, 2019-04-20 08:06

Tulsi Gabbard Might Be a Leader We Can Believe in

We know she is good, because the whore media is after her. The prostitutes at NBC misrepresent her as a Soviet Communist.

https://russia-insider.com/en/gabbard-campaign-video-slams-trump-making-us-prostitute-saudi-arabia/ri26816

The post Tulsi Gabbard Might Be a Leader We Can Believe in appeared first on PaulCraigRoberts.org.

Why the US Military Can’t Fight

Sat, 2019-04-20 07:37

Why the US Military Can’t Fight

This article explains that the way to become a general is to spend your military life sucking up to the higher ups. Medal of Honor winners generate envy, and this ends their career. Corporate rise also depends on sucking up. Consequently, we are deprived of both military and corporate leadership.

https://www.checkpointasia.net/the-30-year-single-elimination-suck-up-tournament-or-how-america-selects-its-generals/

The post Why the US Military Can’t Fight appeared first on PaulCraigRoberts.org.

Structural Damage Cannot Produce This Kind of Collapse

Sat, 2019-04-20 07:35

Structural Damage Cannot Produce This Kind of Collapse

The collapse of the Twin Towers and Building 7 is far too sudden and organized. This was recognized at the time as the video makes clear.

https://www.ae911truth.org/news/521-ilhan-omar-is-right-some-people-did-something-on-9-11

The post Structural Damage Cannot Produce This Kind of Collapse appeared first on PaulCraigRoberts.org.

The US & Its Vassals Have Thrown the Ukraine and Themselves Into the Trash Bin of History

Thu, 2019-04-18 23:13

The US & Its Vassals Have Thrown the Ukraine and Themselves Into the Trash Bin of History

Dmitry Orlov explains the situation in the Ukraine and the likely fate of this destroyed land. The truth about the Ukraine is totally different from anything you will have heard from Western media and US and European politicians.

As readers of this website are primarily people capable of independent thought, readers are also likely to profit by the second half of the interview of Orlov where he describes the self-destruction of the Western World.

http://www.unz.com/tsaker/the-saker-interviews-dmitry-orlov/

The post The US & Its Vassals Have Thrown the Ukraine and Themselves Into the Trash Bin of History appeared first on PaulCraigRoberts.org.

The Triumph of Evil

Thu, 2019-04-18 09:01

The Triumph of Evil

Paul Craig Roberts

Today (April 17) I heard a NPR “news” report that desribed the democratically elected president of Venezuela as “the Venezuelan dictator Maduro.” By repeating over and over that a democratically elected president is a dictator, the presstitutes create that image of Maduro in the minds of vast numbers of peoples who know nothing about Venezuela and had never heard of Maduro until he is dropped on them as “dictator.”

Nicolas Maduro Moros was elected president of Venezuela in 2013 and again in 2018. Previously he served as vice president and foreign minister, and he was elected to the National Assembly in 2000. Despite Washington’s propaganda campaign against him and Washington’s attempt to instigate violent street protests and Maduro’s overthrow by the Venezuelan military, whose leaders have been offered large sums of money, Maduro has the overwhelming support of the people, and the military has not moved against him.

What is going on is that American oil companies want to recover their control over the revenue streams from Venezuela’s vast oil reserves. Under the Bolivarian Revolution of Chavez, continued by Maduro, the oil revenues instead of departing the country have been used to reduce poverty and raise literacy inside Venezuela.

The opposition to Maduro inside Venezuela comes from the elites who have been traditionally allied with Washington in the looting of the country. These corrupt elites, with the CIA’s help, temporarily overthrew Chavez, but the people and the Venezuelan military secured his release and return to the presidency.

Washington has a long record of refusing to accept any reformist governments in Latin America. Reformers get in the way of North America’s exploitation of Latin American countries and are overthrown.

With the exceptions of Venezuela, Bolivia, Cuba, and Nicaragua, Latin America consists of Washington’s vassal states. In recent years Washington destroyed reform governments in Honduras, Argentina and Brazil and put gangsters in charge.

According to US national security adviser John Bolton, a neoconservative war monger, the governments in Venezuela, Cuba, and Nicaragua will soon be overthrown. New sanctions have now been placed on the three countries. Washington in the typical display of its pettiness targeted sanctions against the son of the Nicaraguan president Daniel Ortega. https://www.rt.com/news/456841-bolton-russia-venezuela-threat/

Ortega has been the leader of Nicaragua since for 40 years. He was president 1985-1990 and has been elected and reelected as president since 2006.

Ortega was the opponent of Somoza, Washington’s dictator in Nicaragua. Consequently he and his movement were attacked by the neoconservative operation known as Iran-Contra during the Reagan years. Ortega was a reformer. His government focused on literacy, land reform, and nationalization, which was at the expense of the wealthy ruling class. He was labeled a “Marxist-Leninist,” and Washington attempted to discredit his reforms as controversial leftist policies.

Somehow Castro and Ortega survived Washington’s plots against them. By the skin of his teeth so did Chavez unless you believe it was the CIA that gave him cancer. Castro and Chavez are dead. Ortega is 74. Maduro is in trouble, because Washington has stolen Venezuela’s bank deposits and cut Venezuela off the international financial system, and the British have stolen Venezuela’s gold. This makes it hard for Venezuela to pay its debts.

The Trump regime has branded the democratically twice-elected Maduro an “illegitimate” president. Washington has found a willing puppet, Juan Guaido to take Maduro’s place and has announced that the puppet is now the president of Venezuela. No one among the Western presstitutes or among the vassals of Washington’s empire finds it strange that an elected president is illegitimate but one picked by Washington is not.

Russia and China have given Maduro diplomatic support. Both have substantial investments in Venezuela that would be lost if Washington seizes the country. Russia’s support for Maduro was declared by Bolton today to be a provocation that is a threat to international peace and security. Bolton said his sanctions should be seen by Russia as a warning against providing any help for the Venezuelan government.

Secretary of state Mike Pompeo and vice president Pence have added their big mouths to the propaganda against the few independent governments in Latin America. Where is the shame when the highest American government officials stand up in front of the world and openly proclaim that it is official US government policy to overthrow democratically elected governments simply because those governments don’t let Americans plunder their countries.

How is it possible that Pompeo can announce that the “days are numbered” of the elected president of Nicaragua, who has been elected president 3 or 4 times, and the world not see the US as a rogue state that must be isolated and shunned? How can Pompeo describe Washington’s overthrow of an elected government as “setting the Nicaraguan people free?”

The top officials of the US government have announced that they intend to overthrow the governments of 3 countries and this is not seen as “a threat to international peace and security?”

How much peace and security did Washington’s overthrow of governments in Iraq, Libya, Ukraine, and the attempted overthrow of Syria bring?

Washington is once again openly violating international law and the rest of the world has nothing to say?

There is only one way to describe this: The Triumph of Evil.

“The blood-dimmed tide is loosed, and everywhere the ceremony of innocence is drowned; the best lack all conviction, while the worst are full of passionate intensity.” — William Butler Yeats

The post The Triumph of Evil appeared first on PaulCraigRoberts.org.

It Is Not Only Notre Dame Burning, It Is All Of Western Civilization

Wed, 2019-04-17 19:34

It Is Not Only Notre Dame Burning, It Is All Of Western Civilization

12 Catholic churches have been desecrated across France over the period of one week in an egregious case of anti-Christian vandalism.

Macron, the president of Multicultural France, says “its not the time for politics.” Imagine if Notre Dame were a synagogue or a mosque. There would be plenty of politics.

According to police reports, 80 percent of the desecration of places of worship in France are Christian churches. But don’t expect to hear much about it.

https://www.breitbart.com/faith/2019/03/20/twelve-french-churches-attacked-vandalized-in-one-week/

The law is burning down also, and the pride of citizenship in Western countries.

“To think that the UK has become such a willing accomplice and satellite of the American Empire that it would do such a thing [as extradite Julian Assange] in contravention with all laws, moral, ethical, and actual legal restrictions is absolutely, stunningly appalling and makes me ashamed to be an Englishman.” — Roger Waters

https://www.rt.com/news/456798-roger-waters-assange-arrest/

The post It Is Not Only Notre Dame Burning, It Is All Of Western Civilization appeared first on PaulCraigRoberts.org.

Those Who Care Enough to Defend Assange from the Orchestrated Smears Can Use This Resource

Tue, 2019-04-16 22:00

Those Who Care Enough to Defend Assange from the Orchestrated Smears Can Use This Resource

https://caitlinjohnstone.com/2019/04/16/ten-tips-for-arguing-against-assange-smears/

Join the fight for truth and justice or there will be none for you either.

The post Those Who Care Enough to Defend Assange from the Orchestrated Smears Can Use This Resource appeared first on PaulCraigRoberts.org.

1937 Mural of White Children Playing Deemed Offensive and Removed

Tue, 2019-04-16 19:47

1937 Mural of White Children Playing Deemed Offensive and Removed

A little more of American history is destroyed each day by Identity Politics

https://chicago.suntimes.com/news/wpa-mural-white-children-removed-oak-park-school-diversity

The post 1937 Mural of White Children Playing Deemed Offensive and Removed appeared first on PaulCraigRoberts.org.

As Has Been Obvious from the Beginning, the CIA Deep State Is Behind Russiagate

Mon, 2019-04-15 22:01

As Has Been Obvious from the Beginning, the CIA Deep State Is Behind Russiagate

“Will Junta-Mastermind John Brennan Ever Face the Music?”

By Mike Whitney

http://www.informationclearinghouse.info/51417.htm

The post As Has Been Obvious from the Beginning, the CIA Deep State Is Behind Russiagate appeared first on PaulCraigRoberts.org.

The Fake Charge Against Julian Assange Proves That the US Government Has No Integrity

Mon, 2019-04-15 18:58

The Fake Charge Against Julian Assange Proves That the US Government Has No Integrity

Paul Craig Roberts

“If Julian Assange is criminalized and incarcerated for revealing the truth about what our rulers are doing, have done, then you might as well deliver yourself behind those walls, you might as well volunteer for a prison cell yourself, because you’ll no longer be free, and you’ll never be free again.”
George Galloway

Let’s be sure that we understand that Assange is not charged with anything related to Russia or Russiagate or even with breaking a law. Assange is charged with being in a conspiracy with Manning “to commit computer intrusion.” The charge is not that Assange succeeded in hacking a government computer and obtaining classified information. It merely says that Assange discussed the possibility with Manning and had an intention to hack a computer. Most likely, even this noncrime is an invention of prosecutors instructed to indict Assange in the absence of any evidence. It is all that they could come up with.

It is impossible to respect the indictment. It is the product of evil, and the evil indictment is a direct assault on the First Amendment to the US Constitution. Those who have brought this false charge have violated their oath to protect the Constitution from enemies abroad and at home. It is the enemies at home that we have to be concerned about as it is these enemies who have power over us.

If the US government had any evidence that Assange actually hacked a government computer, he would be charged with that. But as there is no evidence of an actual crime, the corrupt American prosecutors and a stupid and manipulated grand jury rolled out the conspiracy charge. A conspiracy is when a couple of people planned a bank robbery but didn’t do it. In other words, they thought about it and talked about it. Therefore, a conspiracy existed although nothing really happened. Prosecutors and courts have corrupted the actual law to the point that a person can be arrested for considering a crime. In other words, “thought crimes” already exist. They are called “conspiracies.” Now that they have machines that they claim can read our minds, if you think about murdering someone, you can be arrested for “conspiracy to commit murder.”

Another example is when two or more people talk about getting some narcotics and having a high evening but instead watch a movie and go to bed. They could be charged with “conspiracy to obtain illegal narcotics.” This is the type of charge for which Assange faces extradition to Washington.

Why? The answer is that the criminal, petty, and vindictive U.S. government wants to (1) get revenge on Assange for publishing documents leaked to him, allegedly by Manning—but we don’t have any proof of that either other than a coerced admission from a tortured person—that reveal US war crimes and deception of allies, and (2) to shut down the First Amendment of the U.S. Constitution so that the government’s crimes can never again be revealed by journalists. This is Washington’s way of solving the whistleblower problem.

The charge against Assange has nothing to do with the leak of the emails that revealed how Hillary stole the Democratic presidential nomination from Bernie Sanders. Computer experts such as William Binney have proven that the Democratic emails were downloaded on a thumb drive, not hacked over the internet. Most likely the DNC employee who leaked the incriminating emails is the young man who was mysteriously shot down in the street in an unsolved murder that Hillary and the DNC most certainly do not want solved.

The British government, a vassal of Washington, arrested Assange inside the Ecuadoran embassy in London on the pretext that he was wanted for skipping bail.

This arrest is the end result of the British, in compliance with Washington’s orders, seizing Assange in response to a request from a Swedish prosecutor who was put up to renewing the investigation of Assange and requested Assange’s extradition to Sweden for questioning.

According to law, extradition requires a formal charge or indictment against the person whose extradition is requested. It is outside the law to extradite people for questioning. The extradition request was doubly troubling as Assange while in Sweden had already been questioned by prosecutors who found that there was no case against Assange. No charges were ever filed against him, and the investigation was closed.

The presstitute media and crazed feminists have lied through their teeth for years that Assange used his political asylum to escape rape charges. Even non-prestitute media, such as Russian English language media, have repeated this disinformation.

There were never any rape charges against Assange. What happened is this. Two Swedish women took Assange into their beds in their homes and had consensual sex with him. No condom was used. The women or one of them wanted Assange to take a test so she could be reassured that he had no disease that could be sexually transmitted. Assange foolishly refused. The woman went to the police to see if Assange could be coerced to take the test. Out of this came the investigation that was closed without charges. Assange was free to leave Sweden.

He foolishly went to the UK, Washington’s prime puppet state. Once there Washington prevailed on a female Swedish prosecutor to reopen questioning of Assange.

No real reason was ever given for the female Swedish prosecutor to reopen the questioning. One possible reason is Washington’s money. It was clear to Assange’s lawyers that the extradition request was a trick to get him back in Swedish hands so that he could be handed over to Washington. Assange fought the extradition, but a corrupt British court to comply with Washingon ruled that Assange could be extradited for questioning even though there were no changes against him. This ruling shocked everyone who thought British judges had integrity.

Seeing what was coming, Assange sought and was granted political asylum by Ecuador and fled his British house arrest to the Ecuadoran embassy in London.

Eventually the Swedish feminist prosecutor who attempted to reopen the investigation of Assange consented to question him in the embassy with the result that she closed her investigation. This ended all excuses for the UK to hold Assange for Sweden. As there was no charge, Assange was not guilty of violating bail. Without a charge there is no bail. That is the way the law used to be before the corrupted British courts pissed all over the law and dishonored British justice.

The US and UK governments refused to honor Assange’s political asylum, just as the Soviet government refused to honor the political asylum that the United States gave to Hungarian Cardinal Jozsef Mindszenty, who ended up living in the US embassy in Hungary for 15 years. At least the Soviets had more integrity than to arrest the Cardinal inside the US embassy. But the British are devoid of integrity. The only concern of the British government is to obey Washington. They all hope for the sixty million pounds that is Tony Blair’s reward for supporting Washington’s Iraq invasion.

As both the US and UK governments are more corrupt than the Soviet government was and refuse to abide by international law, Assange was their prisoner in the embassy. He was safe there as long as Rafael Correa was president of Ecuador. But when Correa refused popular demand to let the Constitution be changed so that he could serve another term, Washington got its creep installed, Lenin Moreno, who sold Assange to Washington for an IMF loan.

To be sure you understand, as you have been filled with lies about Assange for almost a decade, he raped no one. He was never charged with raping anyone. He has broken no law. He is a journalist who did nothing but what the New York Times did when the paper published the leaked Pentagon Papers and published some of the same leaked documents for which Assange has been arrested for publishing. He is being framed up on a false nonsense charge because the US government in order to protect its own criminality is moving to destroy the First Amendment of the U.S. Constitution.

They will succeed in destroying the First Amendment.

Who is there to stop them?

Not presstitutes. They hate Julian Assange for showing them up and doing the job of a journalist while they lie 24/7 as a propaganda ministry for the ruling establishment. If life were based on breathing integrity from the presstitute media, we would all be already dead.

Not the Republicans or the conservatives. Their patriotism causes them to hate Assange because “he embarrassed the U.S. government.” The Republicans are as mindless and unaware of their participation in the murder of the First Amendment as the presstitutes and Democrats. For example, Republican Senator Richard Burr, sent to the Senate by insouciant North Carolinians, expressed his total brainwashing by alleging, ignorantly, that Assange and WikiLeaks have “effectively acted as an arm of the Russian intelligence services for years.” The brainwashed Republican Senator from Nebraska, Ben Sasse, called Assange “a wicked tool of Vladimir Putin and the Russian intelligence services” who “deserves to spend the rest of his life in prison.”

This extraordinary level of ignorance and pre-trial accusations by US Senators prejudice Assange’s trial so severely that if America had honest judges the case would be dismissed on the grounds that an unbiased jury cannot be formed.

Not the Democrats. The Hillary clique are having orgasms over the prospect that Assange will end up like Gaddafi. The brainwashed Democratic Senator from Virginia, Mark Warner, showed his total ignorance of what is transpiring in front of his blind eyes when the fool said of Assange: “what he’s really become is a direct participant in Russian efforts to undermine the West and a dedicated accomplice in efforts to undermine American security.”

Not the liberal/progressive/left. In thrall to Identity Politics, our “conscience class” want Assange flayed alive. He is a white male responsible for slavery, for rape, for discrimination against women, blacks, homosexuals and alternative genders. The liberal/progressive/left’s attitude is: If we can’t get him for these reasons, let them get him for being a Russian spy.

Perhaps the most absurd charge comes from Veterans Today which describes Assange as “king of the Deep State, European Freemasonry and marriage with Zionism” and alleges that Wikileaks was created to launder Mossad disinformation and enjoys the protection of the Rothschild family. https://www.veteranstoday.com/2019/04/12/mossad-agent-assange-finally-kicked-out-of-ecuadorean-embassy/

All are too stupid and full of hate to realize that with Julian Assange goes the First Amendment.

One wonders what the idiot Atlanticist Integrationists in Russia are thinking as they advocate sacrificing Russian sovereignty in order to be part of the West. Why do they want to be part of a cruel, inhumane empire that has no concern for truth, justice, and human life? Is it the money that the Atlanticist Integrationists want, invitations to speak at American universities? How can anyone be so stupid as to want to be part of a criminal organization?

What the West needs is someone to stamp it out. The West is evil beyond the meaning of the word.

How do those of us who love our country defend it when our government invades on the basis of transparent lies other countries for the sake of profit, when our government commits high treason by attacking the US Constitution, and when our government punishes truth and those who reveal truth?

Think about the rising crimes committed by US governments since the Clinton regime against the U.S. Constitution, international law, and America’s reputation. Clinton violated Washington’s promise to Russia that NATO would not be moved to Russia’s border and committed war crimes by illegally bombing Serbia and murdering 500,000 Iraqi children with sanctions. The NATO vassals participated in the crimes. George W. Bush illegally invaded and bombed countries, repealed habeas corpus and asserted the power to detain US citizens indefinitely without trial or conviction. Obama destroyed Libya, tried to destroy Syria, overthrew the democratically elected presidents of Honduras and Ukraine, and murdered US citizens without due process of law. The Trump regime is busy at work murdering the First Amendment and overthrowing the democratically elected president of Venezuela.

It is extraordinary that the world accepts the extraterritoriality of US law. There is no basis for the absurd claim that the US serves as the legislative body for the entire world.

Washington announces that it has selected the president of Venezuela, a Washington puppet who not only was not elected by the Venezuelan people but has never been a candidate in a presidential election, and the announcement that Washington has chosen the president of Venezuela becomes the basis for overthrowing a democratic government. The mythical “Western Democracies” line up behind the lie in order to aid Washington in plundering a country.

This is “Western democracy” as it really is. We should be very ashamed that we, the people, permitted the United States government to degenerate into criminality and barbarity.

Caitlin Shows How Utterly and Irredeemably Corrupt Are the US and UK Governments
https://caitlinjohnstone.com/2019/04/13/the-legal-narrative-funnel-thats-being-used-to-extradite-assange/

John Pilger demonstrates that tyranny has displaced democracy in the US and UK, both of which are now officially Gestapo states.
http://www.informationclearinghouse.info/51418.htm

The post The Fake Charge Against Julian Assange Proves That the US Government Has No Integrity appeared first on PaulCraigRoberts.org.

Russian Military Expert Says Time for Russia to Prepare for War

Sat, 2019-04-13 19:07

Russian Military Expert Says Time for Russia to Prepare for War

Paul Craig Roberts

Someone should speak to the Russian finance minister, Anton Siluanov, and put him in touch with reality. According to a RT news report, Siluanov has called for restoring economic and political ties between Moscow and Washington.

Ties between the US and Russia were intentionally wrecked on purpose by the US military/security complex and its congressional and media vassals in order to provide the military/security complex with an enemy big enough to justify the $1,000 billion annual budget of the complex.

What does Siluanov think Russiagate was about other than to prevent Trump from normalizing relations with Russia?

The last president who tried to rein in the military/security complex was John F. Kennedy, and he was assassinated. On Trump they used Russiagate instead of bullets, and it proved almost as effective.

If Russian government officials continue to be victims of their dreams to be America’s partner, they and their country are headed to destruction. The Putin government’s toleration of a Fifth Column financed by Washington that is operating within Russia against the Russian government and Russian sovereignty indicates that the Russian government can’t get its mind around the fact that the neoconservatives intend to reestablish a unipolar world.

Perhaps Igor Korotchenko should speak to Siluanov. Korotchenko says that Russia needs to quit dawdling and prepare properly for war. In the digital/thermonuclear world of today, Russia will not have time, as Stalin had, to recover from an attack and go on to victory. Among the things Russia needs to do in order to be ready for war, says, Korotchenko, is “to multiply the strategic stocks of high precision missiles,” which requires building additional plant and equipment to manufacture them, protect Russia’s digital sovereignty, and increase the functionality of the FSB (the Russian Security Service) in order to prevent the externally funded Fifth Column from operating against Russia. https://www.vesti.ru/doc.html?id=3136021&cid=4441

Russia’s weakness is the government’s toleration of the Western-financed media and politicians inside Russia that operate as Washington’s agents. The Russian government tolerates these agents of Washington, because the Russian government wants to show how democratic it is in the hopes that the West will accept Russia as one of its own.

All the while the West is preparing Russia’s demise.

The post Russian Military Expert Says Time for Russia to Prepare for War appeared first on PaulCraigRoberts.org.

April 15 Is Slavery Day

Fri, 2019-04-12 20:29

April 15 Is Slavery Day

Paul Craig Roberts

The Jews’ path to profitable victimhood was the Holocaust. For blacks the path is slavery.

We hear endlessly about Slavery. Slavery is always the fault of white people, especially the Founding Fathers, the Confederacy, and Robert E. Lee.

Slavery is never the fault of black Africans who engaged in slave wars against one another. Slaves were a status symbol. When slave wars produced more slaves than victors could afford to maintain, the Africans began selling each other to the Arabs. When the Europeans discovered the New World and needed a work force for the rice and sugar and later cotton plantations, they purchased Africans from the black Kingdom of Dahomey.

Before propaganda and the teaching of hatred of white people took over from education in American universities, the origin of the slave trade was well known. Books, such as Karl Polanyi’s Dahomey and the Slave Trade, described the facts of the African tribal slave wars.

One would think that Polanyi’s book would be a textbook in black studies courses, but since the purpose of black studies is to demonize white people, today Polanyi’s book is regarded as racist. It is out of print. Amazon lists six used copies available at prices ranging from $121.37 to $208.23. Clearly, blacks are never going to learn anything factual from black studies.

Every race has been held in slavery. Everyone the Romans conquered and every barbarian tribe that crossed the Roman Limes could end up as slaves. Arabs raided all over Europe for white slaves. A good text for black studies would be New York University Press’s 2007 book, White Cargo: The Forgotten History of Britain’s White Slaves in America by Don Jordan and Michael Walsh. The authors are not talking about indentured servants, a form of slavery for a contracted period of usually five or seven years. From The Story of the Irish Race by Seumas MacManus you can learn that tens of thousands of Irish were enslaved and shipped to the West Indies to work and die on the sugar plantations.

But people, especially blacks, don’t want to know this. They cling to their brainwashing and unique victim status like the Jews who won’t let anyone question the Holocaust.

While blacks build their victim status, the real slavery today goes unnoticed. Let’s begin by understanding what a slave is. A slave is a person who does not own the products of his/her own labor. That is, a slave is a person who is taxed on his/her work. A person who does not own the product of his own work is exploited. In 19th century America, the tax rate on slaves has been estimated to be about 50 percent. The other half of the slave’s work product was necessary to maintain the slave and the owner’s investment in the slave. In the feudal era, the tax rate on serfs was limited to about 30 percent. The technology in the feudal era was less than in the 19th century, and the lower productivity of labor in the feudal era meant that the serfs could not reproduce if they were taxed more than a third of their work product.

Before the Reagan marginal tax rate reductions, middle class Americans were taxed at or above the rate of medieval serfs, and the rich with a 50% marginal income tax rate and a 70% tax rate on investment income were taxed at higher rates than 19th century slaves on Southern plantations. The invention of the income tax turned us all into government-owned slaves.

Many people confuse slavery with a lack of mobility. This is a mistake. Some 19th century slaves had mobility in America. Those with skills were leased to businesses in towns and cities. Deductions from the slaves’s pay was sent to the slave’s owner just as employers today deduct from the pay of employees and send the payroll tax to Washington.

Bloomberg Business Week recently reported on a new form of slavery that has risen in America. Students sell part of their future income to investors in exchange for their educational expenses. The article tells the story of a 23-year old woman who sold a piece of her future earning power for 8.5 years in an “income sharing contract.” https://www.bloomberg.com/news/articles/2019-04-09/college-grads-sell-stakes-in-themselves-to-wall-street?cmpid=BBD040919_BIZ&utm_medium=email&utm_source=newsletter&utm_term=190409&utm_campaign=bloombergdaily

When I was educated, tuition for instate students at state universities was nominal. Today students have to cover the cost by selling themselves into partial slavery. The work product of the woman who is the example in the Bloomberg Business Week article is partly owned by private investors and partly owned by state and federal governments. It is possible that her share of her work product is less than that of a 19th century slave.

This form of slavery is acceptable to blacks and whites. What if 19th century plantations had treated slaves as a free work force earning a salary that was taxed at 50%? How would this be any different from the slavery we all suffer today?

The post April 15 Is Slavery Day appeared first on PaulCraigRoberts.org.

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