Americans: Serfs Ruled by Oligarchs

by Paul Craig Roberts

19 Aug 09 | CounterPunch

“In a little time [there will be] no middling sort. We shall have a few, and but a very few Lords, and all the rest beggars.”R.L. Bushman

“Rapidly you are dividing into two classes–extreme rich and extreme poor.” –“Brutus

Americans think that they have ‘freedom and democracy’ and that politicians are held accountable by elections. The fact of the matter is that the U.S. is ruled by powerful interest groups who control politicians with campaign contributions. Our real rulers are an oligarchy of financial and military/security interests and AIPAC [American Israel Public Affairs Committee], which influences U.S. foreign policy for the benefit of Israel.

Have a look at economic policy. It is being run for the benefit of large financial concerns, such as Goldman Sachs.

Working towards that Jew World Order: 1) Lord Jacob de Rothschild, richest man on the planet. 2) Baron David de Rothschild, who recently said they are indeed working towards global governance. 3) Sir Evelyn de Rothschild. His wife Lynn Forester is a big money maven in US politics. 4) David Rockefeller, Sephardic Crypto-Jew, his son Nick told film director Aaron Russo about 9/11 in advance. 5) Nathan Warburg. His family was not only instrumental in bringing about the Federal Reserve act, they were also behind the financing of Adolf Hitler (to get German Jews to move to Palestine). 6) Henry Kissinger, Globalist genocidal schemer. 7) George Soros, another Jew schemer and NGO manipulator. 8] Ronald Lauder, multi-billionaire head of the World Jewish Congress and holocaust blackmailer. 9) Paul Volcker, Crypto-Jew big-time Globalist and economic advisor to Obama. 10) Larry Summers, Crypto-Jew chief economic advisor to Obama. 11) Lloyd Blankfein, CEO to the insider banking ops, Goldman Sachs. 12) Ben Shalom Bernanke, current master of the Federal Reserve (a private Globalist entity, neither “Federal” nor a “Reserve”). [INCOG]


It was the banks, not the millions of Americans who have lost homes, jobs, health insurance, and pensions, that received $700 billion in TARP [Troubled Asset Relief Program] funds. The banks used this gift of capital to make more profits. In the middle of the worst economic downturn since the Great Depression, Goldman Sachs announced record second quarter profits and large six-figure bonuses for every employee.

The Federal Reserve’s low interest rate policy is another gift to the banks. It lowers their cost of funds and increases their profits. With the repeal of the Glass-Steagall Act in 1999, banks became high-risk investment houses that trade financial instruments such as interest rate derivatives and mortgage backed securities. With abundant funds supplied virtually free by the Federal Reserve, banks are paying depositors virtually nothing on their savings.

Despite the Federal Reserve’s low interest rate policy, beginning October 1 banks are raising the annual percentage rate (APR) on credit card purchases and cash advances and on balances that have a penalty rate because of late payment. Banks are also raising the late fee. In the midst of the worst economy since the 1930s, heavily indebted Americans, who are losing their jobs and their homes, are to be bled into bankruptcy by the very banks that are being subsidized with TARP funds and low interest rates.

Moreover, it is the American public that is on the hook for the TARP money and the low interest rates. As the U.S. government’s budget is 50 per cent or more in the red, the TARP money has to be borrowed from abroad or monetized by the Fed. This means more pressure on the U.S. dollar’s exchange value and a rise in import prices and also domestic inflation.

Americans will thus pay for the TARP and low interest rate subsidies to their financial rulers with erosion in the purchasing power of the dollar. What we are experiencing is a massive redistribution of income from the American public to the financial sector.

And this is occurring during a Democratic administration headed by America’s first black president, with a Democratic majority in the House and Senate.

Is there a government anywhere that less represents its citizens than the U.S. government?

Consider America’s wars. As of the moment of writing, the out-of-pocket cost of America’s wars in Iraq and Afghanistan is $900,000,000,000. When you add in the already incurred future costs of veterans benefits, interest on the debt, the forgone use of the resources for productive purposes, and such other costs as computed by Nobel economist Joseph Stiglitz and Harvard University budget expert Linda Bilmes, ‘our’ government has wasted $3,000,000,000,000 — three thousand billion dollars — on two wars that have no benefit whatsoever for any American whose income does not derive from the military/security complex, about which five-star general President Eisenhower warned us.

It is now a proven fact that the U.S. invasion of Iraq was based on lies and deception of the American public. The only beneficiaries were the armaments industries, Blackwater, Halliburton, military officers who enjoy higher rates of promotion during war, and Muslim extremists whose case the U.S. government proved by its unprovoked aggression against Muslims. No one else benefited. Iraq was a threat to no one, and finding Saddam Hussein and executing him after a kangaroo trial had no effect whatsoever on ending the war or preventing the start of others.

The cost of America’s wars is a huge burden on a bankrupt country, but the cost incurred by veterans might be even higher. Homelessness is a prevalent condition of veterans, as is post-traumatic stress. American soldiers, who naively fought for the munitions industry’s wars, for high compensation for the munitions CEOs, and for dividends and capital gains for the munitions shareholders, paid not only with lives and lost limbs, but also with broken marriages, ruined careers, psychiatric disorders, and prison sentences for failing to make child support payments.

What did Americans gain from an unaffordable war in Iraq that lasted far longer than World War II and that put into power Shi’ites allied with Iran?

The answer is obvious: nothing whatsoever.

What did the armaments industry gain? Billions of dollars in profits.

What about President Obama? “A corporate marketing creation,” sums up the distinguished British journalist John Pilger.

Obama is the presidential candidate who promised to end the war in Iraq. He hasn’t. But he has escalated the war in Afghanistan, started a new war in Pakistan, intends to repeat the Yugoslav scenario in the Caucasus, and appears determined to start a war in South America. In response to the acceptance by U.S. puppet president of Columbia, Alvaro Uribe, of seven U.S. military bases in Columbia, Venezuela warned South American countries that the “winds or war are beginning to blow.”

Here we have the U.S. government, totally dependent on the generosity of foreigners to finance its red ink, which extends in large quantities as far as the eye can see, completely under the thumb of the military/security complex, which will destroy us all in order to meet Wall Street share price expectations.

Why does any American care who rules Afghanistan? The country has nothing to do with us.

Did the armed services committees of the House and Senate calculate the risk of destabilizing nuclear armed Pakistan when they acquiesced to Obama’s new war there, a war that has already displaced two million Pakistanis?

No, of course not. The whores took their orders from the same military/security oligarchy that instructed Obama.

The great American superpower and its 300 million people are being driven straight into the ground by the narrow interest of the big banks and the munitions industry. People, and not only Americans, are losing their sons, husbands, brothers, and fathers for no other reason than the profits of U.S. armaments corporations, and the gullible American people seem proud of it. Those ribbon decals on their cars, SUVs and monster trucks proclaim their naive loyalty to the armaments industries and to the whores in Washington who promote wars.

Will Americans, smashed and destroyed by ‘their’ government’s policy, which always puts Americans last, ever understand who their real enemies are?

Will Americans realize that they are not ruled by elected representatives but by an oligarchy that owns the Washington whorehouse?

Will Americans ever understand that they are impotent serfs?

Paul Craig Roberts was Assistant Secretary of the Treasury in the Reagan administration and former associate editor of The Wall Street Journal. He is co-author of The Tyranny of Good Intentions: How Prosecutors and Bureaucrats Are Trampling the Constitution in the Name of Justice and contributor to CounterPunch,, and, among others. This fall CounterPunch/AK Press will publish Mr. Robert’s War of the Worlds: How the Economy Was Lost. Email him at

Who is behind Obama’s rise to stardom?

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100% White boy born and bred in the USA. Dedicated to awakening Whites to all the crap being done to our decent, fair-minded race and exposing the devious brainwashing rats behind it all. Wake the ef up, White people!
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203 Responses to Americans: Serfs Ruled by Oligarchs

  1. Biker68 says:

    unless MARSH is the problem? LOL!

  2. Biker68 says:

    mmmmmmm K. the answer was.. mercedes benz, mercedes – benz… ill take: how many times a vowel is in there for $4oo Alex! the answer is E… well THATS 4 Alex!! ahem.. what is. F*CK! thats 4 Alex!! RIGHT! next answer.. ill take, what the fuck is that times 3 Alex?! its just arithmetic from here… is anyone really THAT bored? WTF GTRman!?

  3. gtrman says:

    hey, i dont want to re-ignite the alex jones debate, but i just finished watching that film and its pretty good. might say ‘oligarcs’ and ‘globalists’ but, well made etc

  4. Biker68 says:

    howd ya watch it? lift up the sack of the blow-ee to look at the screen?

  5. JamesTheJust says:

    “What low will they stoop to next?”

    “Lowest part of the ocean floor if James has his way.” LMAO!

    Right on WM. I means, come on guys!

    NTS wants to send them off on a boat and American wants to arrest them, then investigate them, then try them…

    Screw that!

    They’ll be investing our attics in no time, writing incredible tales of persecution, with pens that haven’t even been invented yet.

  6. Marshall says:

    Biker68, what the hell are you talking about? What’s my fault? LOL

  7. ultraR says:

    “They’ll be investing our attics in no time, writing incredible tales of persecution, with pens that haven’t even been invented yet.”

    I like the ocean floor option! 😀

    “Spring cleaning” time is nearing!

    Give no mercy, ask no mercy!

  8. Marshall says:

    ATTENTION!!! Hasbara agents no longer allowed to post on Saturdays. Tough break. However, there’s a new search engine in town LMAO!!!–Google-launches.html

  9. gtrman says:

    well, Marshall, i, at least, thank you for the link to that alex jones film. I put up the youtube one cos the one you gave froze on me. I know jones name is mud here, but it is a fine expose of the audacious financial fraud perpetrated by the “international oligarchs” and the “global elite”…..he he.

    Most of the talking in the film is by people other than jones, (maybe this is why it works) and Alan Watt (the scottish guy with the beard) comes over surprisingly well. It IS frustrating that the elephant is ignored (especially when some lists of perps here are 98-100% “arab” (ha ha) but a good one to see with a “jew-curious” friend, just name/ point out the jew yourself. What did you think of it Marsh?

  10. gtrman says:

    brilliant vid, Biker. More “kosher arithmetic”. 5? 100? 600,00? 6,000,000?
    who cares anymore. Have you ever noticed how a simple story/anecdote can be mutated, exaggerated in a bar, or a schoolyard for example in just a couple of hours and a handful of re-tellings? For example , a guy gets a punch in the face. Next day he’s met by friends who are surprised to see him alive, as they heard he was stomped by 3 men and thrown out of a car! Thats “chinese whispers”. Imagine that process over 60 years, with vested interest and financial incentive thrown in. Ever more outlandish and implausible “anecdotes” and freaky, impossible numbers. Not to mention physical impossibilities.

    Im sure there must be a “holocaust pet semetary” somewhere….shit, i dont want to give’em any ideas…..

  11. Biker68 says:

    HAHAHA! yeah GTRman.. this IS the REAL GTRman right? wtf was going on last night?

    anyway… not wanting to give them any ideas? seems the German government is now going to have to ante up for a SHITLOAD of chemotherapy!!! these bastards are SHAMELESS!! its almost funny the gall of these greedy f*cks.. it seems the Holocaust now causes CANCER!! LOL!

  12. gtrman says:

    Hey, Incog. Pleased to announce that gtrman (thats me) in conjunction with Scooby doo and the Red Hand Gang , has solved the ‘Mystery of the Hi-jacked Moniker’. Without giving too much away, it was what i thought. On some p.c.s, the last user-name given is retained. I used my older sis’s pc a while back, she was reading incog last night and wanted to comment. Throw in some insomnia,and a couple of bottles of wine into the mix and hey presto….

    Please “unspam” her IP and she may visit us again, under what name i do not know. Hi sis. Thanks

  13. gtrman says:

    hey, biker, whats a “blow-ee?” is it a tent showing movies?

  14. Biker68 says:

    SORRY! damn i thought it was a jew-troll i was talking to!

    ummm yeah! its a movie tent…lol

  15. Biker68 says:

    funny they are afraid of coming across any “sexually explicit material” while surfing Marsh.. they dont seem to mind feeling up children the sick f*cks..

  16. American says:

    GMAC is owned by Cerberus (JEWS), so no doubt Timmy Geithner (JEW) will spend your money on a third round for this deadbeat company. WTF!

    JEWS loan money to JEWS primarily, and this is how they sit at the top of so many companies. We sure know it isn’t hard work that got them there!
    When’s the last time one of your buddies got a billion dollar loan to buy another company?

  17. Biker68 says:

    so, NOONE should have to make a payment to GMAC for a YEAR! since their getting 2.8-5.6 BILLION of OUR money! sounds fair to me..shameless bastards…

  18. gtrman says:

    hey, biker. I think just hearing about the damn schmolocaust is giving ME bowel cancer. Its certainly a huge pain in the arse

  19. Biker68 says:

    thats cool GTRman, go to the German consolate and DEMAND free treatment… for all your suffering and pain

  20. American says:

    Exactly, ‘biker68’. Where’s the bailout for the taxpayer that pays INTO the system?

    On another JEW front, it’s hard not to notice the ramping up of bombings lately. Several records have been broken lately, and when I comb the headlines, it seems like each paper mentions 2 attacks or more per day. JEWS forget that it’s all the same to most Americans, who are forfeiting their way of life to the greedy JEW-rat, and thus uninterested in the Middle East. The good news is that we’re close to a breaking point, and war with Iran would be a major catalyst to overthrow Washington, our single biggest “corporation”:

  21. Biker68 says:

    with all of the military in Asia somewhere, it would be the perfect set-up..

  22. Marshall says:


    My name is Finkle Frankenstein. My grandma told me a holocaust tale last week and now I am a nervous wreck and can’t sleep at night. Therefore, I’m suing Germany for a lifetime of psychotherapy, paid in advance to my cousin, the reknowned psychiatrist, Dr. Schmueley Shrinkowitz. Dr. Shrinkowitz may see fit to donate some of that money to my new charity, The Frankenstein Holohealth Trust. If he does that’s nobody’s business. You Nazi bastards have caused me enough misery already.

    Tob Shebbe Goyim Harog,


  23. JamesTheJust says:

    JEWS loan money to JEWS primarily, and this is how they sit at the top of so many companies. We sure know it isn’t hard work that got them there!

    Hey, when you own the printing press, you can print up as much funny money as you want.

    Those in our government who gave them this power and everyone in our government who continues to give them this power are guilty of HIGH TREASON!

    There is but one punishment for high treason. As people wake up, those congrA$$ critters better watch their backs.

  24. Biker68 says:

    i NEVER thought id be saying this, but GO CHAVEZ!!! YOU KICK ASS !!!

  25. Biker68 says:

    VENEZUELA: Moussad free since 2008!!

  26. kerdasi amaq says:

    Alex Jones is saying, think about things and do nothing.

  27. Biker68 says:

    America is looking alot like Weimar Germany indeed. lets make it 110 expulsions! ! ! ! !

  28. American says:

    Only somebody right next to these guys could coordinate this, and be close enough to use video to catch it.

    Iraqis are NOT blowing up Iraqis, or Americans. Israelis are!

  29. Biker68 says:

    same as in South America American, no wonder Venezuela wanted rid of them! get out… and STAY out!

    id heard of Israeli snipers taking out US troops in Iraq, ill dig around for that one, the link below is moussad false flag ops in Argentina in the 1990’s… bastards.

  30. Marshall says:


    Pics of GI’s walking in poppy fields should be enough. “Afghanistan.”

    How can that GI do that, and not know he is a whore? Who do you work for, son? Here is a 50-year old guy telling you to? He’s dead too.

    As far as Hugo Chavez goes…Does Argentina have that much OIL?

    I can assure you that everything runs on OIL. Even Jim Morrison had something to say about this economy.

    The engine runs on fluid tar.

    DEAD DINOSAURS, Just somehow are tapped, and “Black Gold”….Texas “Tea” flows forth Right. Children are taught this?

    YAHOO!!! Some pastor tells me about Alaska. He says there is a completely untapped oil reserve up there.

    May I go there and examine this incredible find? Lindsey Williams.

    Thanks for the info.

    BULLSHIT, magnifying on bullshit. They shall decieve themselves.

  31. Biker68 says:


  32. Marshall says:


    I’m 45 now. I don’t see how killing other people could possibly help me in any way.

    I’m already a sinner, and I know that I am.

    I’m going to tell the IRS that they can crawl up my ASS. Find the non-kosher remnants of your Pharisee crap. LMAO!!!!

    Liars and murderers from the beginning.


  33. Marshall says:

    Riders on the storm. Into this house we’re born. Into this world we’re thrown. Like a dog without a bone, an actor out on loan…

    Yikes. Ole Jim had some strange spiritual stuff going on.

    Nothing digital is real.

    Hmm? 😀

  34. Biker68 says:

    we all end up dead, even the evil jew.. i know im a sinner, but i dont believe that makes any difference. because i know i was wrong..if the time comes, ill know to ask forgiveness.

    how can soldiers of ANY nation operate with a clear concience? brainwashing/conditioning.. its after the fact that it hits you like a ton of shit.. PTSD? more like my GOD! WHAT HAVE I DONE?! thats why they want ya RIGHT out of school! young minds are easily warped. you cant teach an old dog new tricks… but a puppy?????

  35. Biker68 says:

    yeah, JIM and i had a thing back in the 1980’s, along with Joe Walsh.

    im 41, and cant believe that i lived the first 40 of those brainwashed and oblivious..

  36. Marshall says:

    Mephistopholes is not your name.

    I know what you’re up to just the same.

    Ole’ STING seemed to act in quite a few movies, like the BELLBOY.

    hypnotism. Jew.

  37. Marshall says:

    Trouble on the deep blue sea behind me

    Vanish in the air they’ll never find me.

    LOOkS like “sting”is trying to walk on water.

    I guess that’s the illusion buzcaught on. Mystery School.

  38. Biker68 says:

    indians scattered on dawns highway bleeding, ghosts crowd the young childs fragile, eggshell mind…

  39. Marshall says:

    Joe Walsh…

    He lives in hotels, tears out the walls, he has accountants pay for it all.

  40. Marshall says:

    Jim Morrison wrote some strange and bizarre poetry.

  41. incogman says:


    You’re going to have to stop with the Morrison riffs here. OK?

  42. Marshall says:

    He certainly acted as an Indian “Shaman.”

    I don’t see any of that behavior as true.

  43. Biker68 says:

    its also hard to leave cause he cant find the door.

    cool Incog! ill lay off LOL!

  44. gtrman says:

    Morrissons poppa was supposedly the admiral in charge at the time of the bogus ‘gulf of tonkin’ incident. He did a lot of tripping. I think he saw what was what and who was who. In my opinion, a great irishman and amodern poet. A dude.

  45. Marshall says:

    I heard that gtrman. I also heard that that Lucifer is a screaming angel.

    I can’t “riverdance.” Nor can I play guitar. Have you seen Irish people do it?

    It’s somehow trancendental to see ’em. Nice and wonderful.

    WHOA!!! Here is the Stratocaster.

  46. gtrman says:

    marsh, he’s good. Nice, fruity, adam and the ants jacket. Now im confused. I thought you were a guitar player. Or am i falling for the marshall/randall paradox?

  47. gtrman says:

    Marsh, that reminds me of the end of the Irish version of “Gone with the Wind”……..”Flatley my dear, I don’t Riverdance”

    ok ok i’ll get my coat

  48. Marshall says:

    The STRAT. Jimi Hendrix could never do that with a Stratocaster. Jimi seemed to put AXIS BOLD AS LOVE…and had 7 heads of an Indian Hydra chasing him. That’s right…some 7 headed hydra. That’s the JEW. You had to go to Katmandu to figure that out?

    He also said something. No Jew could ever keep up with a harp, although they try to copy everything.

    Like I said, I’m British by blood.


  49. Marshall says:

    KEEP ME AWAY from a guitar.

    Am I a ‘tory?” This whole “Tory” thing must have been a big deal with british spies.


    See TORI SPELLING. Sheez that’s an ugly troll. It’s an “Unfinished Story” created by Jews. YIKES!!!


  50. gtrman says:

    Marsh, you are a one off. I think you are LSD by blood! Theres a fine line between your brilliance and that 3rd bottle/spliff/tab….hey im kidding.

    Funny what you said bout hendrix, when i tripped to him i “saw” all these little 7 headed hydras and chinese dragons………another time, another blog, eh, hombre? I do really like reading 98% of your comments Marsh, now tell me, did you watch all of that alex jones film, and if so , what did you think?

  51. Marshall says:

    Liverpool vs Arsenal.

    Retard…who is making money off GENTILES?


    Spirit is far different, and that’s something they can never have. That’s why Steven STEALBERG was a JEW

    BYE JEW.

  52. gtrman says:

    well, i dont ‘do’ football or any other sports. Bread ‘n’ circuses and all that.

    Spewelborg is a joke. Puts monsters into childrens minds. They call him a genius. Barracuda o’ Boonga writes a fake autobiography, does nothing and gets a Nobel prize. Beam me the fuck up, Scotty

  53. ultraR says:

    “The coming of a world state is longed for, and confidently expected, by all the worst and most distorted elements. This state, based on the principles of absolute equality of men and a community of possessions, would banish all national loyalties. In it no acknowledgement would be made of the authority of a father over his children, or of God over human society. If these ideas are put into practice, there will inevitably follow a reign of unheard-of terror.”

    -Pope Benedict XV-

  54. gtrman says:

    “All governments are liars and murderers”.

    Bill Hicks

  55. gtrman says:

    Isnt it odd? You kill one or two people and you’re a sick, evil , twisted murderer. Get up into the thousands and youre a hero and “peace prize winner”. Again, I say, beam me up.

  56. kerdasi amaq says:

    I’ll believe it when I see it. It will be important to co-ordinate a response when the SHTF.

    views 3,241

  57. Bella says:

    Everybody should google up Lord Christopher Monckton & get the goods on this climate BS. This new JWO scam is deadly. It’s as rotten as the Fed. A whole new economic system based on lies.

  58. Bella says:

    Please, can we all not have a meeting ,any where you like on US soil ? I think we should. Incogman please!!! Sylvia Simpson.

  59. Bella says:

    Come on to me, we have to. Sylvia Simpson. & what kinda name is that??? Really white orphan speaks. XOX

  60. Marshall says:

    HAH!!! Gtrman I just read back through my drunken spew…forget it all, Incog can delete it as well…

    Yes, I went one brewski over the line and my inherent genius reverted to drivel!!! Alas, you know the more wasted you get, the more profound you THINK you are. That’s why I don’t smoke pot…it’s really bad then…I have been known to get into the physics of how close a fly can get to landing on the ceiling before it has to turn over.

    Wow…so DEEP….far out!!!

    Sorry gtrman…

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