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Disinformation On Every Front

By       Message Paul Craig Roberts       (Page 2 of 2 pages) Become a premium member to see this article and all articles as one long page.     Permalink

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Moving on to another topic, americans are told that education is the answer to unemployment. Get that university degree and live happily every after.

As RT recently reported, the truth is that more than half of recent US university graduates are unemployed or very underemployed. So much for the mantra that "education is the answer."

"Education is the answer" serves the colleges and universities who want the tuition payments. It serves the companies who make student loans. It helps the offshoring corporations disguise that they are the main cause of unemployment.

Education is not the answer when high value-added, high wage manufacturing and professional service jobs, such as software engineering, are moved offshore in order to enhance short-term profits for shareholders and multi-million dollar bonuses for CEOs, while domestic employment and purchasing power are destroyed. Unless American university graduates can emigrate to China and India, there is no one to employ them. Yet, we still hear the call to run up student loan debts beyond the ability of salaries to repay the loans.

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Professional tradable service employment in the US is so scarce that the University of Florida has abolished its computer science department. As few of the graduates can find employment, the university has reallocated the department's budget to football, a paying sport.

Americans plugged into the Matrix are programmed to believe that they have correct information provided by a varied and "independent media." In fact the media is owned by 5 or 6 mega-media companies run by corporate advertising executives and Washington.

Recently, Bloomberg gave us the report that "Japan, Denmark and Switzerland are among the countries to rally this week to [IMF chief] Lagarde's call for a bigger lending capacity beyond the current $380 billion to shield the world economy against any deepening of Europe's debt turmoil."

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This Bloomberg report is nonsensical. The loans are not shielding the world economy. The loans are shielding the private banks from their own mistakes at the expense of the world economy. The Bloomberg report shows how completely the Western media is involved in forcing ordinary peoples to subsidize private bankers. It could not be more clear; yet, there is no embarrassment at Bloomberg for serving as the bankers' propagandist.

Indeed, there is only honor. Serving the Matrix is where lie the rewards. Those who oppose the Matrix are the outcasts whose efforts might, as in the film, save the race of humans from the domination of evil, or else, if they lose, confine the outcasts to prosecution and death.

Across every front Americans are fed lies. The official media line is that the Japanese Fukushima nuclear threat from the earthquake and aftermath is well contained and over. However, the fact of the matter appears to be that an amazing radioactive inventory of both spent and unused fuel rods is in damaged cooling pools that could suffer collapse at any time (especially if there is another earthquake), thus releasing enormous radioactivity (reference link). This possibility presents a greater threat than the initial molten cores of the reactors themselves. Michael Chossudovsky points out that the media is yet to acknowledge the widespread contamination resulting from the Fukushima disaster, and there may be worse to come.

But who cares? Back to the Matrix and the "reality show."

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Dr. Roberts was Assistant Secretary of the US Treasury for Economic Policy in the Reagan Administration. He was associate editor and columnist with the Wall Street Journal, columnist for Business Week and the Scripps Howard News Service. He is a contributing editor to Gerald Celente's Trends Journal. He has had numerous university appointments. His books, The Failure of Laissez Faire Capitalism and Economic Dissolution of the West is available (more...)
 

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