IT HAS BECOME EMBARRASSING TO BE AN AMERICAN

A Government of Morons

By Paul Craig Roberts Source Institute for Political Economy

ABOUT THE AUTHOR: Paul Craig Roberts has had careers in scholarship and academia, journalism, public service, and business. He is chairman of The Institute for Political Economy. Dr. Roberts has held academic appointments at Virginia Tech, Tulane University, University of New Mexico, Stanford University where he was Senior Research Fellow in the Hoover Institution, George Mason University where he had a joint appointment as professor of economics and professor of business administration, and Georgetown University where he held the William E. Simon Chair in Political Economy in the Center for Strategic and International Studies. He has contributed chapters to numerous books and has published many articles in journals of scholarship, including the Journal of Political Economy, Oxford Economic Papers, Journal of Law and Economics, Studies in Banking and Finance, Journal of Monetary Economics, Public Choice, Classica et Mediaevalia, Ethics, Slavic Review, Soviet Studies, Cardoza Law Review, Rivista de Political Economica, and Zeitschrift fur Wirtschafspolitik. He has entries in the McGraw-Hill Encyclopedia of Economics and the New Palgrave Dictionary of Money and Finance. He has contributed to Commentary, The Public Interest, The National Interest, Policy Review, National Review, The Independent Review, Harper’s, the New York Times, The Washington Post, The Los Angeles Times, Fortune, London Times, The Financial Times, TLS, The Spectator, The International Economy, Il Sole 24 Ore, Le Figaro, Liberation, and the Nihon Keizai Shimbun. He has testified before committees of Congress on 30 occasions. Dr. Roberts was associate editor and columnist for The Wall Street Journal and columnist for Business Week and the Scripps Howard News Service. He was a nationally syndicated columnist for Creators Syndicate in Los Angeles. In 1992 he received the Warren Brookes Award for Excellence in Journalism. In 1993 the Forbes Media Guide ranked him as one of the top seven journalists in the United States. President Reagan appointed Dr. Roberts Assistant Secretary of the Treasury for Economic Policy and he was confirmed in office by the U.S. Senate. From 1975 to 1978, Dr. Roberts served on the congressional staff where he drafted the Kemp-Roth bill and played a leading role in developing bipartisan support for a supply-side economic policy. After leaving the Treasury, he served as a consultant to the U.S. Department of Defense and the U.S. Department of Commerce. Dr. Roberts was president of the Inlet Beach Water Company, president of Economic & Communication Services, advisor to J.P. Morgan asset management, advisor to Tiedemann-Goodnow, advisor to Lazard Freres Asset Management, and a member of corporate and financial boards. Dr. Roberts was awarded the Treasury Department’s Meritorious Service Award for “his outstanding contributions to the formulation of United States economic policy.”  In 1987 the French government recognized him as “the artisan of a renewal in economic science and policy after half a century of state interventionism” and inducted him into the Legion of Honor. He is listed in Who’s Who in America and Who’s Who in the World.

THE RUSSIAN PRESENT TO USA FOR THE INDEPENDENCE DAY

Putin signed a law banning the production of GMO products in Russia

VLADIMIR VLADIMIROVICH PUTIN by

On the 4^thof July, Vladimir Vladimirovich the President of RF signed the law, which introduces a ban on the cultivation and breeding of genetically modified plants and animals in Russia, with the exception of scientific works; document sets out fines of up to 500 thousand rubles for violation of legislation on GMOs, says the official portal of legal information. 

MOSCOW’S LONG ARM IN BELGRADE

Ambiguous behavior of pro-Western advocates who are known to readily using double standards on the principal "Quod licet Iovi, non licet bovi" could be recognized in the following text. Serbia has to be obedient to all dictate, blackmail, extortion coming from the West. However, any kind of talk between Serbia and Russia is automatically "Long arm of Moscow in Belgrade", "Russian dictatorship" etc.  

When the newly reelected Serbian Prime Minister Aleksandar Vucic promised to form a new government by mid June, few surprises were expected. Speculation was muted as the usual suspects were widely expected to land the most important ministerial positions. That is until Vucic’s trip to Moscow on May 26, where he met with Russian President Vladimir Putin. All of a sudden, the composition of the new cabinet emerged as the hot topic of conversation in Belgrade.

The Serbian cartoonist Corax’s vision of Vucic’s meeting with Putin in Moscow. The figure emerging from the babushka doll is Socialist leader Ivica Dacic.

SERBIA'S EU ACCESSION TALKS STALLED BY ANTI-RUSSIAN SANCTIONS, NOT CROATIA!

Croatia stopped blocking Serbia's EU accession on Wednesday, but if Serbia really wants to speed up the process it should be like Montenegro and back sanctions, sources in Brussels told Serbian newspaper Danas.

Serbia's stalled EU accession process has been attributed to the demands of neighboring Croatia, but the real culprit is its failure to join anti-Russian sanctions, diplomatic sources in Brussels and Belgrade admitted to the Serb's newspaper Danas on Wednesday.

On Wednesday EU diplomats announced a breakthrough in Serbia's accession process, and that chapters 23 and 24 of the proceedings will be opened by the end of June, as planned, after Croatia became the last EU member to give the go-ahead.