Paul Craig Roberts Quotes

Paul Craig Roberts presents stark, critical commentary on economics and debt, suited for anyone wanting blunt, no-nonsense analysis.

14 quotes

  1. When America's creditors consider our behavior they see total fiscal irresponsibility. They see a deluded country that acts as if it is a privilege for foreigners to lend to it, and a deluded country that believes that foreigners will continue to accumulate US debt until the end of time. The fact of the matter is that the US is bankrupt.

  2. The US owes the world. The US 'superpower' cannot even finance its own domestic operations, much less its gratuitous wars except via the kindness of foreigners to lend it money that cannot be repaid. The US will never repay the loans. The American economy has been devastated by offshoring, by foreign competition, and by the importation of foreigners on work visas, while it holds to a free trade ideology that benefits corporate fat cats and shareholders at the expense of American labor. The dollar is failing in its role as reserve currency and will soon be abandoned. When the dollar ceases to be the reserve currency, the US will no longer be able to pay its bills by borrowing more from foreigners.

  3. The notion that Americans can be protected from "terror" by giving up the Bill of Rights is absurd. Democrats are complicit in this absurd notion. Many were intimidated into voting for police state legislation, because they lacked the intestinal fortitude to call police state legislation by its own name. The legislation that has been passed during the Bush regime is far more dangerous to Americans than Muslim terrorists.

  4. Americans have no idea why they have been at war in the Middle East, Asia and Africa for a decade. They don't realize that their liberties have been supplanted by a Gestapo Police State. Few understand that hard economic times are here to stay.

  5. There are enough fools in Washington to destroy the country without any help from Muslim terrorists.

  6. There is no independent American print or TV media.

  7. In 21st century America, capitalism has been unfettered from the regulations that democratized it and made it serve society.

  8. If liberals can seize our guns because they are dangerous, we have no chance of holding on to our cars and our homes. The total number of accidental fatalities (the majority of which are hunting accidents) of all types of firearms is infinitesimal compared to the number of fatalities from car and home accidents. More children die from playing with cigarette lighters than from playing with loaded guns.

  9. War is the only destination to which Washington can lead.

  10. The only thing that can be expected from the next US president is more war, more murder, and more oppression of the gullible American people. People as uninformed and as gullible as Americans have no future. Americans are a dead people that history is about to run over.

  11. Terrorists can endanger some of us, but the war on terror endangers us all. How much more can the Constitution be diminished before it is completely replaced by arbitrary government power?

  12. When America's Newspaper of Record is nothing but a propaganda ministry, what is America?

  13. I have no sympathy for debunking human achievements that, in the end, gave ordinary people liberty.

  14. If all countries are exceptional, the word loses its meaning.