America: “A Parasite On The World”

Dr. Paul Craig Roberts
Infowars.com
Aug 12, 2011

Money money money

If Russian prime minister Putin’s recent description of America as “a parasite on the world” were reported by the US media, little doubt that most Americans would be infuriated. We are the virtuous people. Without us good guys to police the world there would be mayhem and wars everywhere, not merely the ones we started in the Middle East, Asia, and North Africa. Without the American white hats people everywhere would be starving and dying from natural disasters. It is us chosen ones who provide the rescue operations and good deeds. How dare the former KGB monster to slander our country!

Is it merely a coincidence that on August 11 the Swiss announced that they were discarding their monetary constitution that has prevented inflation in Switzerland and that has made their currency a safe haven for people everywhere who desired to protect their wealth, both small and large, from the predatory inflation practices of their own governments? Or is the Swiss announcement a result of America’s financial irresponsibility, the behavior of a parasite?

The Swiss said that they are forced to violate their monetary constitution, because the irresponsible practices of the United States and European Union monetary authorities are driving so many dollars and euros into Swiss francs that the franc has appreciated to astronomical heights and is threatening Switzerland with the collapse of their export markets and Gross Domestic Product.

The EU says it has no choice but to bail out its private banks as that is the policy of Washington, DC, and that it must print euros in order to bail out the banks. This policy is in violation of the charter of the European Central Bank, but what do rules and laws mean in today’s world? Nothing whatsoever.

Obviously, Washington is threatening the world not merely with war but also with inflation.

  • A d v e r t i s e m e n t

After announcing a massive printing of Swiss francs to absorb the inflow of dollars and euros so that the exchange value of the franc would not rise further, the Swiss government announced that it would peg its franc to the euro. That means that the Swiss will defend the pegged rate of exchange by printing enough francs to offset the inflows of euros. I think that the Swiss chose the euro as the peg over the US dollar because the majority of Swiss exports are to Europe rather than to the US.

Years ago China pegged its yuan to the US dollar, not to protect its currency from rising as a result of flight from the dollar, but in order to demonstrate that the money of what was seen as a questionable communist currency was “as good as the US dollar.”

Not long ago China was forced off the fixed peg by the amount of Chinese money creation necessary to maintain the peg. China substituted a “moving peg” that allows the Chinese currency to slowly appreciate against the dollar. The Chinese currency is rising as the dollar falls, but the “floating peg” is behind events. Consequently, China’s currency is over-valued with regard to the “superpower” dollar, and China is importing inflation by having to create yuan in order to maintain the floating peg as the dollar is declining faster than the peg.

Oil producing countries such as Saudi Arabia and Qatar have their currencies in a fixed peg to the dollar. If the dollar depreciates too much in currency markets, the price of oil tends to go up. In other words, oil producers can compensate for US dollar devaluation by hiking the oil price of their main export.

So, we can begin to see what Putin means. If the Americans are irresponsible with their monetary policy, if American banks have loans and credit default swaps to threatened European banks that require bailouts from the European Central Bank in order to protect the US banks as well as the solvency of the European private banks, if the price of oil, which is priced in dollars, goes up to the rest of the world because of US monetary irresponsibility, the entire world suffers from the Americans’ inability or unwillingness to put their house in order.

If anything, Putin understated the burden that America is on the world.

How much longer will the world put up with “the virtuous nation?”

Dr. Paul Craig Roberts is the father of Reaganomics and the former head of policy at the Department of Treasury. He is a columnist and was previously an editor for the Wall Street Journal. His latest book, “How the Economy Was Lost: The War of the Worlds,” details why America is disintegrating.





 
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47 Responses to “America: “A Parasite On The World””

  1. THEY are jealous of our prosperity, always have been.

    Same for a lot of the welfare people. They do NOT want to work for what they want.

    But there’s a lot of us on welfare not that do NOT want to be. But there’s NO JOBS that are livable anymore.

  2. Putin caters to the Muslim world…

    Take note: Putin was to marry a Muslim.

    This is forbidden in Islam unless the male head of house is a Muslim.

    They did have a child together…

    Dr. Sam Vaknin Reports:
    “Both Vladimir Putin, Russia’s president and Yuri Luzhkov, Moscow’s mayor, now take the trouble to greet the capital’s one million Muslims on the occasion of their Feast of Sacrifice. They also actively solicit the votes of the nationalist and elitist Muslims of the industrialized Volga – mainly the Tatars, Bashkirs and Chuvash. Even the impoverished, much-detested and powerless Muslims of the northern Caucasus – Chechens, Circassians and Dagestanis – have benefited from this newfound awareness of their electoral power.”

  3. The leading Islamic nations of this world have wanted to take the price of crude off the ‘dollar based’ trading and place it on gold for some time now.

    All the while… Obama does everything he can to keep oil in Islamic hands… the excessive profits made off crude feed the Muslim world to expand Islam.

    Islamic mosques are being built by the hundreds here in America… paid by you… as you pump your gasoline…

    The Islamic empire grows… without you even knowing it. The media covers it up… the globalists cover it up… the Muslims cover it up…

    And they all lie!

    I also believe Fukushima was intentionally allowed to melt down to feed Japan’s dependency on Islamic oil and deplete Japans “Yen’.

    America… Europe… and Japan… the top three economies that are being drained…

    The redistribution of wealth means across the globe… leveled out to third world countries… to rear up a one world centralized economic system.

    Now the question you have to ask yourself is…

    What government system will manage this one world system?

    Communism? No…
    Democracy… in a deceptive roundabout way…

    Have you considered… Islam?

    • Never Happen,That is why we Fly F18 and 22′s over head and We Created the OPEC Cartel show me were and how many Rag Head mosques and please lie to us some more as we speak a mosque in Murfeesboro,TN has be halted,and the Mosque in NYC near the Towers is still in litigation which means fail,So If we see false #’s again for Obama in the Polls we know who our enemies are and Not Real Peaceful Christian Muslims it will be The Brotherhood of lies thats who! And the Oil money from Saudi Arabia ,as I said before for years cut the head off the snake bomb Mecca and its over with, as long as the Arabs hate Israel that is the problem and Iran has been overthrown by Islam, so I do not care ! If the Rags want war in my streets then Bring it it will be a Win Situation for the USA period! we can clean out the rats in the attic once and for all ! A good Rag head is a dead Rag Head ! I know American Muslims and they Agree They will stand beside me Why because we have family’s and are prosperous we are for real Americans as My Black and Mexicans Friends How we are Christians who understand real America Period !

      • watcher…

        Research it. Google it… Bing it… the articles pertaining to Muslims building mosques across America are enormous…

        In fact… there is NO SUCH THING as a Christian Muslim!

        That is called Chrislam! Whereas Islam has hijacked Christianity to decieve the masses to follow after the antichrist totalitarian government known as Islam.

  4. America’s parasitic suckers sit in front of the leech’s body called Israel, who is more than happy to let America take the rap. How can America continue to kiss Occupied Palestine aka Israel’s behind???

  5. CHINA SUCKS…RUSSIA SWALLOWS

  6. The USA IS a parasite.
    Wherever America goes, death, destruction and poverty result, including here.
    How can we tell everybody else what to do when things are so screwed up here and our worthless have no clue how to fix things?
    Why do we perpetually talk about growth? How much more can we grow? Until what happens, all resources are depleted? That’s a true parasite!

    • I couldn’t agree more with you. The last decades the USA has been nothing but a parasite both with it’s ideas and it’s actions:

      Ideas, because it’s economy schools still teaches that economic and wealth growth is infinite….yeah, right…as if we live in an infinite planet. (what a retarded idea).

      Actions, because for the last … 2 decades? America hasn’t exported a single good China hasn’t. EVERYTHING is made in China, Taiwan or Korea (even Japan) and we in foreign countries haven’t got a single good from the USA for the past 20 years. 20 or more years ago, the USA produced goods that were enough for it’s people AND to export to several countries. Now it doesn’t.

  7. Actually, it’s Israel that’s the parasite. America is the host doing its bidding.

    • Actually, it’s the NWO running the show and calling the shots. It’s a matter of conjecture and I am no prophet, but methinks the EU is fighting old nemesises. Europe has been in constant battle with its neighbors since Rome fell. They are playing power games via alliances and bargains to bolster national stock. The EU is a prime example of solidified power.

      The only big difference is that the wargames are mainly financial and done out-of-sight on computers now. Being as they own controlling stock in most areas around the globe, elites are letting common sense erode, while their overreach runs away from practical reasoning.

      Don’t get stuck on square-one thinking…pull back and get a wider perspective. Consider the recent tragedy and Norway; the four-day riots in London, spreading to other major English cities. Factor in the deliberate degrading of our industrial base. Not happenstance; planned obsolescense.

      And what is the overarching theme? “We need to crack down on the public; we need more control.” That comes out of the American/European coalition. They have touted China as a model for future economies because the Chinese have total control over their people.

      Totalitarianism comes in all shapes and sizes and political persuasions.

  8. Russia/China will unite.

  9. Putin will be up for re-election soon and has to keep his name in the media. Keeping up the anti-American rhetoric so that the old commies will vote for him, typical move. This KFB agent is dangerous, Russia is not tame, it is only sleeping.
    America has paid,paid,paid for years, all countries have benefited from her wealth. The dollar was never meant as a commodity, those who invest in commodities take their risks.

    • I think Putin also has conviction in what he says. Since Obama was elected, every day the USSA becomes more and more what the USSR had always dreamt of becoming. I detect jealousy in his statements.

    • The fact that you think Russia could sustain a war with it’s superior, at least militarily, is an insane notion. Think of the logistics, how could ANY country support their troops from across an entire ocean, and then they would have to deal with what is the term, “a rifle for every blade of grass”?

      Russia has ALWAYS been a lot of talk, and not a whole lot of action to back up that bark of theirs. They know it would be suicide.

      The only way they could win a war with us, is if they garnered a bit more support from other super-powers and the EU.

      Then again.. all Putin has to do is have a little sit-down with Jintao and I am sure they would have a loooooot to talk about.

  10. Dr. Roberts’ disgust of what America has become, albeit warranted, has obscured his vision of the world stage. To single out the USA as the bully on the block is narrow minded.

    But what else have we come to expect from Infowars? They constantly portray the US as the enemy and the head of the NWO beast, while portraying mideast and eastern nations as the opposition to the NWO. I believe there’s plenty of evidence to suggest the mideast nations and the eastern nations are every bit as vile and disgusting, playing their given roles in the NWO.

    • that just isn’t true.

      • It’s more of an opinion/perception than a fact. I don’t mind that you disagree, but it doesn’t make my comment untrue or dishonest.

    • More African slaves went to the Middle East than to America also, but you rarely
      hear anything about it. Even most black people don’t know that. America is
      always the bad guy with scumbags like Dumpster Roberts. AJ licks up any POS
      article that bum writes like a dog licks up antifreeze. And he’ll lose alot of
      credibility because of it.

  11. He should understand that our country is made up of 2 parts. Part 1 an out of control government and part 2 the American people.

    A Coup d’etat began during the 2008 presidential election.

    Obama is not the president, he’s the acting president. He disappeared for 2 weeks after his election win only to reappear looking exhausted sitting next to John McCain, with a bad poker face, for a press photo shoot. Obama is now a Pentagon puppet.

    Here’s what Obama, Osama, Biden, Bin Laden, the FBI’s Most Wanted Terrorists, and Sarah Palin had to do with the last presidential election and the military’s overthrow of our government. Search ElectNoMoreSpys.blogspot and share it with the world.

    • disinfo

  12. How much longer will the world put up with “the virtuous nation?—Paul Craig Roberts is right when he hints that America will be looked at as the next Nazi Germany. A pariah hated by all, and ironically, all for the sake of Israel.

  13. Interesting that every thread, article, storyline can be shunted into a factoid regard Isreal–always in the negative.

    The Middle East policy, from every corner, is about oil. Has been and will be until the human race finds a viable alternative energy source. I pray that will be soon, then, hopefully, the Arab/Muslim hold on our imagination and pocketbooks will diminish. Shariah banking laws would prove no panacea for international economic stability. Unless you want Islam dictating the power of the global purse. Better take a cold, analytical look inside those societies. It isn’t pretty.

    I would prefer Putin, myself.

  14. I am not surprised by this fact it is just one more symptom of the disease that is euphemistically called “Bankers politics”

    • Yes but according to the so-called Dr., even the poor people are guilty. He
      loves the words, us, we, Americans. Hey Dr., I haven’t robbed anyone.
      Man I can’t stand that POS!!

      • You say you haven’t robbed anyone.

        It sounds to me that you support the tyrannical government of the U.S. That makes you guilty of all the crimes that the U.S. and their cronies have committed.

        You have committed much worse than the crime of robbery!

  15. The USA, Russia, China and other globalist run countries all dance to the same tune just like the Democraps and Repukins do when it’s show time.

    The world needs to Wake Up, Grow Up and realize that we all are being strung along by the same scum bags called internationlist banksters.

    • NWO Inc makes a good point. No one (that includes Putin) can point the finger at any country. They all have good and bad people, and their leaders are largely controlled by the power elite (for now, anyway). Do you think Putin is a saint? He was the head of the KGB. The Soviets and KGB were masters of deception. Keep that in mind. The best we can do is prepare for the worst and then live for the best. Check out the One-Stop Survival Preparedness Guide for physical and financial survival.

  16. After all the wars, destruction, and mayhem the US has caused, all based on fabricated fables and lies, there’s no other way to view the US. It’s very easy for Americans to chant, “USA! USA!” but if you stepped out of your country for 5 minutes and looked at it from a foreigner’s point of view, you’d see that America really is a tyrannous parasite.

    • Only a few thousand of us are parasites. Tell the truth for a change. I’ll bet
      you’ve lied for every boss you’ve ever had.

      • I would say that close to 300,000,000 of us are parasites. Until you see the mindless, spineless, amoebas in this country standing up and taking their country back, I’m afraid we are all guilty of being parasites and a scourge on this planet.

        I remember so distinctly the video of some moron speeding around an open field on his ATV with the U.S. flag mounted on the rear flapping in the breeze. The man yelling we got him, we got him (Bin Laden), USA, USA, firing his pistol in the air.

        The caption on the bottom of the video stated, “I wonder if he could actually find Afghanistan on a world map”.

        Typical American. It is so disgustingly true!

  17. I am certainly looking at the USA as being parasitic after all these Real wars based on fabricated events. John Taylor thought…”…deflate the Supreme Court; restrain manufacturing (I understand why Jefferson believed in the farmer nation); abolish paper money; revive the milita; and produce a government which would be ‘fair, mild and cheap’. I believe that came out of his book Inquiry.

    • You forgot the most important thing. Disband all the foreign military bases and cut out all the foreign aid. The only military force the constitution authorizes is the NAVY.

      • You forgot the most important thing. Hang all of those that are guilty of
        turning America into what it’s become.

        • I am sorry to say that “we the people” have allowed America to become what it has become!

          There is nobody else to blame but us!

  18. Following a handful of self-evident natural laws would have prevented all this.

    • How would following natural laws prevent a Communist KGB agent from slandering the US ?

      • Did you read the article? Doesn’t sound like it…

      • The truth hurts. It probably hurts more for the ego of American’s coming from the other super power who was supposed to be the enemy. The United States has greatly overextended it power for years without pause or restraint.

        The United States is a sinking ship. What’s worse, the powers that be did this themselves. The cruel irony of the mighty is the lack of care for those suffering so that they can feel like kings.

        • We could hang a few thousand key people and America would regain
          it’s strength in probably 5 years.

      • There was no slander it was an accurate statement, Americas irresponsible banking practices and governmental missteps have help to decimate the world economy it is that simple.

        • Nope, America’s 2 biggest mistakes were, 1) turning their backs on
          God, and 2) allowing the British bankers in the country.

        • You are right, I shouldn’t have used the word slander, however my original statement on the article stands:

          Mr. Roberts OPINION shares the OPINION of Communist KGB Agent-In-Chief Putin.

  19. Mr. Roberts OPINION shares the OPINION of Communist KGB Agent-In-Chief Putin.

    Darn no facts here to discuss.

    • Funny, it’s the ‘opinion’ of many, including the honorable Ron Paul. So you defend reckless fiscal shenanigans? Shame on you!

      • 1) I didn’t defend or attack anything.

        2) Ron Paul isn’t mentioned in the article.

        3) Shame on you it appears you posted in the wrong thread LOL

    • I wonder if he got his doctorate out of a cracker jack box. I’ll bet he had a
      rich daddy buy it for him.

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