Dr. Paul Craig Roberts joins the SGTReport to discuss the absurdity of the Paris Attack which is playing out just as Dr. Roberts expected. Like 9/11, the Paris “ISIS attacks” are being used to destroy people’s civil liberties in the name of “protecting them”.
Roberts warns: You can’t handle the Paris False Flag TRUTH…
I have received a report from European security that there was a massive cyber attack on French systems 48 hours prior to and during the Paris attacks. Amongst other things, the attack took down the French mobile data network and blinded police surveillance. The attack was not a straightforward DDOS attack but a sophisticated attack that targeted a weakness in infrastructure hardware.
Such an attack is beyond the capability of most organizations and requires capability that is unlikely to be in ISIL’s arsenal. An attack on this scale is difficult to pull off without authorities getting wind of it.
The coordination required suggests state involvement.
Even a small rise in interest rates could cause all kinds of problems with the trillions and trillions of interest rate derivatives…if all those derivatives start blowing up, the Fed would have to print trillions and trillions more dollars to save the banks.
And all those trillions and trillions of dollars would sink the dollar.
It doesn’t take a genius to see what is developing. There’s something bigger going on beneath the surface of the ensuing economic and financial collapse and the political chaos connected to the Presidential campaigns of both Parties. I believe it is possible that both situations are mere “distractions” to deflect any attention away from the fact that the U.S. and Russia appear to be headed for a serious military conflict…
Based on the reaction overnight by the stock market futures to the EU/Greek situation- I would hazard the opinion that the zombies on CNBC were slighly off-base when they asserted last week that a Greek default was already “priced into the market.”
If Greece leaves the EU, it will likely trigger the eventual unraveling of the entire EU.
The West is impotent to prevent Armageddon. It is up to Russia and China, and as Washington has framed the dilemma, Armageddon can only be prevented by Russia and China accepting vassal status.
This is not going to happen…
Full MUST READ Coverage Here on TND:
The coup in Ukraine is Washington’s effort to thrust a dagger into Russia’s heart. The recklessness of such a criminal act has been covered up by constructing a false reality of a people’s revolution against a corrupt and oppressive government. The world should be stunned that “bringing democracy” has become Washington’s cover for resurrecting a Nazi state. – Dr. Paul Craig Roberts
“The question that nobody ever thinks about is ‘why is a reserve currency necessary and why would China want to be it?’ I think the future is likely to be no reserve currency”
In the MUST LISTEN interview below, Dr. Paul Craig Roberts joins Rory Hall & Dave Kranzler to cover the completely fraudulent Government employment report, China’s planned yuan-denominated gold fixing and the next global reserve currency.
Presented below is Shadow of Truth’s incredible two-part conversation with Dr. Roberts:
The Stacks Are Loaded Against Reform In Latin America.
Currently Venezuela, Bolivia, Ecuador, and Argentina are on Washington’s list of governments to be overthrown…
The Charlie Hebdo affair has many of the characteristics of a false flag operation. The attack on the cartoonists’ office was a disciplined professional attack of the kind associated with highly trained special forces; yet the suspects who were later corralled and killed seemed bumbling and unprofessional. It is like two different sets of people.
Usually Muslim terrorists are prepared to die in the attack; yet the two professionals who hit Charlie Hebdo were determined to escape and succeeded, an amazing feat. Their identity was allegedly established by the claim that they conveniently left for the authorities their ID in the getaway car.
Such a mistake is inconsistent with the professionalism of the attack and reminds me of the undamaged passport found miraculously among the ruins of the two WTC towers that served to establish the identity of the alleged 9/11 hijackers.
To the average person in the West, the notion that our own governments have a long history of running “false flag” operations in an attempt to terrorize us would seem ridiculous, and downright insane conspiracy theory. But reality is stranger than fiction.
According to news reports, police found the ID of Said Kouachi at the scene of the Charlie Hebdo shooting.
Does this sound familiar? Remember, authorities claimed to have found the undamaged passport of one of the alleged 9/11 hijackers among the massive pulverized ruins of the twin towers.
Once the authorities discover that the stupid Western peoples will believe any transparent lie, the authorities use the lie again and again.
The police claim to have discovered a dropped ID is a sure indication that the attack on Charlie Hebdo was an inside job, and that people identified by NSA as hostile to the Western wars against Muslims are going to be framed to pull France firmly back under Washington’s thumb.
From Greg Hunter, USAWatchdog:
“Everything that previous presidents have done to try to defuse the kind of tensions between nuclear powers that could lead to war, all this has been thrown away by Clinton, George W. Bush and the current White House fool. It’s all due to the Neoconservatives. So, yes, we are in a more dangerous situation than in the worst part of the cold war.”
In response to our account of the mysterious large rise in Belgium’s Treasury purchases , it was suggested that the transaction would show up on the Fed’s balance sheet. However, the Fed is under no obligation to show the transaction.
The $141.2 billion in Treasuries purchased into the Belgium account represents 3.2% of the total current size of the Fed’s balance sheet. The Fed is a private corporation and is therefore not beholden to GAAP accounting standards.
However even with GAAP standards applied, a corporation does not have to itemize and disclose the details of any event that represents less than 5% of its assets. In other words, the Fed can easily bury a 3% transaction in its financial statements.
Is the Fed “tapering”? Did the Fed really cut its bond purchases during the three month period November 2013 through January 2014? Apparently not if foreign holders of Treasuries are unloading them.
From November 2013 through January 2014, Belgium with a GDP of $480 billion purchased $141.2 billion of US Treasury bonds. Did Belgium’s central bank print $141.2 billion worth of euros in order to make the purchase? No, Belgium is a member of the euro system, and its central bank cannot increase the money supply.
So where did the $141.2 billion come from?
There is only one source. The money came from the US Federal Reserve, and the purchase was laundered through Belgium in order to hide the fact that actual Federal Reserve bond purchases from November through January were $112 billion per month, necessitated by the actions of an unknown country or countries who dumped $104 billion in Treasuries in a single week.
Former Assistant Treasury Secretary, Dr. Paul Craig Roberts says, “Gold and the dollar are in a fight to the death.” Dr. Roberts explains, “The Fed, in order to save a handful of banks too big to fail that are the mindless deregulation of the 21st century, the Fed has had to create a tremendous number of new dollars. Despite the fact the price of gold has been pushed down since 2011, it still has about the highest rate of return of just about anything in the 21st century. The Federal Reserve, in order to protect quantitative easing, which is necessary to save the banks, began manipulating the gold price in a new and more intense way. They used their bullion banks to short the gold in the COMEX futures market. The trouble with this policy is that it’s been going on long enough that it’s being recognized by people who formerly thought ‘the Federal Reserve would never do anything like that.’ Of course they would and people are catching on.”
Dr. Roberts goes on to say, “This is why the Federal Reserve is so irresponsible.” So are the Fed and Obama Administration trying to crash the dollar on purpose? Dr. Roberts says, “No, they are just stupid and arrogant. . . . If you add up the IQ of the White House and you add up the IQ of the Fed and multiply it by a thousand trillion it might equal 50. These are stupid policies designed to completely destroy the U.S. dollar. . . . I don’t think the United States can win the war against gold.” Join Greg Hunter as he goes One-on-One with Dr. Paul Craig Roberts.
Paul Craig Roberts, Assistant Secretary of the Treasury in the Reagan Administration, has voiced his concerns about the strength of the US economy, US politics, and US civil liberties. Roberts also believes the US is playing fast and loose with the monetary system and the value of the dollar. He speculates that, as the German Bundesbank has begun repatriating its gold from overseas out of storage in places like the Federal Reserve, the Fed will not be able to make delivery because it doesn’t physically possess the gold.
Perhaps this explains the Buba suddenly dropping its original 150 ton gold repatriation request from the Fed?
Driving down the price of gold assists the Fed in its efforts to support the dollar, and the Comex is running out of physical gold available to be delivered to those who decide to take delivery of gold instead of cash settlement.
Manipulation of the gold price is a foregone conclusion. The question is: why is the Fed tapering? The official reason is that the recovery is now strong enough not to need the stimulus. There are two problems with the official explanation. One is that the purpose of QE has always been to support the prices of the debt-related derivatives on the balance sheets of the banks too big to fail.
The liquidity that the Fed has created found its way into the stock and bond markets and into emerging economies. Curtailing the flow of liquidity crashes the markets, bringing on a new financial crisis.
The growth of US debt and money creation is causing the world to turn a jaundiced eye toward the US dollar and toward its role as world reserve currency.
The Fed knows that the ability of the US to pay its bills in its own currency is the reason it can stand its large trade imbalance and is the basis for US power. If the dollar loses the reserve currency role, the US becomes just another country with balance of payments and currency problems and an inability to sell its bonds in order to finance its budget deficits.
In other words, perhaps the Fed understands that a dollar crisis is a bigger crisis than a bank crisis and that its bailout of the banks is undermining the dollar. The question is: will the Fed let the banks go in order to save the dollar?
Economist Dr. Paul Craig Roberts says, “We have a situation where all the markets are rigged. All the markets are manipulated.” As an example, Dr. Roberts points to the stock market. Dr. Roberts contends, “We have a stock market at all-time highs, and where is the economy? There’s not one. There’s no recovery.”
Dr. Roberts goes on to say, “53% of Americans earn less than $30,000 per year. Well, the poverty rate for a family of four is something like $24,000. . . .
If there is no income to drive the economy and there is no credit expansion to drive the economy, then how does it go anywhere? You can’t possibly have a recovery.”