The Market Ticker – Paul Craig Roberts: “The Whole Thing Is a Fraud”

For those who don’t know who this is, this is a former assistant Treasury Secretary under President Reagan and former editor of The Wall Street Journal.

Among things he said:

On what recourse for the ordinary people exists: “Overthrow the government …. and put these people in jail.” (!)

“(Would default be “catastrophic”? – Max)  PCR: Catastrophic for who?  The American bankers?

We think we have democracy…… but where is the democracy?

He’s also on the same page as I am with offshoring and its consequences.

Call him a kook?  Uh, maybe not.

Take the 25 minutes.  It’s important.

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