Best of the Week
Most Popular
1. Investing in a Bubble Mania Stock Market Trending Towards Financial Crisis 2.0 CRASH! - 9th Sep 21
2.Tech Stocks Bubble Valuations 2000 vs 2021 - 25th Sep 21
3.Stock Market FOMO Going into Crash Season - 8th Oct 21
4.Stock Market FOMO Hits September Brick Wall - Evergrande China's Lehman's Moment - 22nd Sep 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.How to Protect Your Self From a Stock Market CRASH / Bear Market? - 14th Oct 21
7.AI Stocks Portfolio Buying and Selling Levels Going Into Market Correction - 11th Oct 21
8.Why Silver Price Could Crash by 20%! - 5th Oct 21
9.Powell: Inflation Might Not Be Transitory, After All - 3rd Oct 21
10.Global Stock Markets Topped 60 Days Before the US Stocks Peaked - 23rd Sep 21
Last 7 days
S&P 500 – Is a 5% Correction Enough? - 6th Dec 21
Global Stock Markets It’s Do-Or-Die Time - 6th Dec 21
Hawks Triumph, Doves Lose, Gold Bulls Cry! - 6th Dec 21
How Stock Investors Can Cash in on President Biden’s new Climate Plan - 6th Dec 21
The Lithium Tech That Could Send The EV Boom Into Overdrive - 6th Dec 21
How Stagflation Effects Stocks - 5th Dec 21
Bitcoin FLASH CRASH! Cryptos Blood Bath as Exchanges Run Stops, An Early Christmas Present for Some? - 5th Dec 21
TESCO Pre Omicron Panic Christmas Decorations Festive Shop 2021 - 5th Dec 21
Dow Stock Market Trend Forecast Into Mid 2022 - 4th Dec 21
INVESTING LESSON - Give your Portfolio Some Breathing Space - 4th Dec 21
Don’t Get Yourself Into a Bull Trap With Gold - 4th Dec 21
GOLD HAS LOTS OF POTENTIAL DOWNSIDE - 4th Dec 21
4 Tips To Help You Take Better Care Of Your Personal Finances- 4th Dec 21
What Is A Golden Cross Pattern In Trading? - 4th Dec 21
Bitcoin Price TRIGGER for Accumulating Into Alt Coins for 2022 Price Explosion - Part 2 - 3rd Dec 21
Stock Market Major Turning Point Taking Place - 3rd Dec 21
The Masters of the Universe and Gold - 3rd Dec 21
This simple Stock Market mindset shift could help you make millions - 3rd Dec 21
Will the Glasgow Summit (COP26) Affect Energy Prices? - 3rd Dec 21
Peloton 35% CRASH a Lesson of What Happens When One Over Pays for a Loss Making Growth Stock - 1st Dec 21
Stock Market Sentiment Speaks: I Fear For Retirees For The Next 20 Years - 1st Dec 21 t
Will the Anointed Finanical Experts Get It Wrong Again? - 1st Dec 21
Main Differences Between the UK and Canadian Gaming Markets - 1st Dec 21
Bitcoin Price TRIGGER for Accumulating Into Alt Coins for 2022 Price Explosion - 30th Nov 21
Omicron Covid Wave 4 Impact on Financial Markets - 30th Nov 21
Can You Hear It? That’s the Crowd Booing Gold’s Downturn - 30th Nov 21
Economic and Market Impacts of Omicron Strain Covid 4th Wave - 30th Nov 21
Stock Market Historical Trends Suggest A Strengthening Bullish Trend In December - 30th Nov 21
Crypto Market Analysis: What Trading Will Look Like in 2022 for Novice and Veteran Traders? - 30th Nov 21
Best Stocks for Investing to Profit form the Metaverse and Get Rich - 29th Nov 21
Should You Invest In Real Estate In 2021? - 29th Nov 21
Silver Long-term Trend Analysis - 28th Nov 21
Silver Mining Stocks Fundamentals - 28th Nov 21
Crude Oil Didn’t Like Thanksgiving Turkey This Year - 28th Nov 21
Sheffield First Snow Winter 2021 - Snowballs and Snowmen Fun - 28th Nov 21
Stock Market Investing LESSON - Buying Value - 27th Nov 21
Corsair MP600 NVME M.2 SSD 66% Performance Loss After 6 Months of Use - Benchmark Tests - 27th Nov 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

American's Don’t Vote for Evil

ElectionOracle / US Presidential Election 2012 Oct 14, 2012 - 03:13 PM GMT

By: Paul_Craig_Roberts

ElectionOracle

Back during the George W. Bush neocon regime, President Hugo Chavez of Venezuela in his UN speech summed up George W. Bush for the world. I am quoting Chavez from memory, not verbatim. “Yesterday standing at this same podium was Satan himself, speaking as if he owned the world. You can still smell the sulfur.”Chavez is one of the American right-wing’s favorite bogyman, because Chavez helps the people instead of bleeding them for the rich, which is Washington’s way. While Washington has driven all but the one percent into the ground, Chavez has cut poverty in half, doubled university enrollment, and provided health care and old age pensions to millions of Venezuelans for the first time.


Little wonder he was elected to a third term as president despite the many millions of dollars Washington poured into the election campaign of Chavez’s opponent.

While Washington and the EU preach neoliberalism–the supremacy of capital over labor–South American politicians who reject Washington’s way are being elected and reelected in Venezuela, Ecuador, Brazil, Argentina, Uruguay, and Bolivia.

It was the Ecuadoran government, not Washington, that had the moral integrity to grant political asylum to WikiLeaks’ Julian Assange. The only time Washington grants asylum is when it can be used to embarrass an opponent.

In contrast to the leadership that is emerging in South America as more governments there reject the traditional hegemony of Washington, the US political elite, whether Republican or Democrat, are aligned with the rich against the American people.

The Republican candidate, Mitt Romney, has promised to cut taxes on the rich, taxes which are already rock bottom, to block any regulation of the gangsters in the financial arena, and to privatize Social Security and Medicare.

Privatizing Social Security and Medicare means to divert the people’s tax dollars to the profits of private corporations. In Republican hands, privatization means only one thing: to cut the people’s benefits and to use the people’s tax dollars to increase the profits in the private sector. Romney’s policy is just another policy that sacrifices the people to the one percent.

Unfortunately, the Democrats, if a lessor evil, are still an evil. There is no reason to vote for the reelection of a president who codified into law the Bush regime’s destruction of the US Constitution, who went one step further and asserted the power to murder US citizens without due process of law, and who has done nothing to stop the exploitation of the American people by the one percent.

As Gerald Celente says in the Autumn Issue of the Trends Journal, when confronted with the choice between two evils, you don’t vote for the lessor evil. You boycott the election and do not vote. “Lessor or greater, evil is evil.”

If Americans had any sense, no one would vote in the November election. Whoever wins the November election, it will be a defeat for the American people.

An Obama or Romney win stands in stark contract with Chavez’s win. Here is how Lula da Silva, the popular former president of Brazil summed it up: “Chavez’s victory is a victory for all the peoples of Latin America. It is another blow against imperialism.” Washington, making full use of the almighty dollar, was unable to buy the Venezuelan election.

How will a Romney or Obama win be summed up? The answer will be in terms of which candidate is best for Israel’s interest; which is best for Wall Street’s interest, which is best for agribusiness; which is most likely to attack Iran; which is most likely to subject economic and war protesters to indefinite detention as domestic extremists; which is most likely to screw the American people in order to benefit the ruling oligarchy.

The only people who will benefit from the election of either Romney or Obama are those associated with the private oligarchies that rule America.

Paul Craig Roberts

http://www.paulcraigroberts.org/

Paul Craig Roberts [ email him ] was Assistant Secretary of the Treasury during President Reagan's first term.  He was Associate Editor of the Wall Street Journal .  He has held numerous academic appointments, including the William E. Simon Chair, Center for Strategic and International Studies, Georgetown University, and Senior Research Fellow, Hoover Institution, Stanford University. He was awarded the Legion of Honor by French President Francois Mitterrand. He is the author of Supply-Side Revolution : An Insider's Account of Policymaking in Washington ; Alienation and the Soviet Economy and Meltdown: Inside the Soviet Economy , and is the co-author with Lawrence M. Stratton of The Tyranny of Good Intentions : How Prosecutors and Bureaucrats Are Trampling the Constitution in the Name of Justice . Click here for Peter Brimelow's Forbes Magazine interview with Roberts about the recent epidemic of prosecutorial misconduct.

© 2012 Copyright Paul Craig Roberts - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in