Via The Vineyard of the Saker

I had been wanting to interview Paul Craig Roberts for a long time already. For many years I have been following his writings and interviews and every time I read what he had to say I was hoping that one day I would have the privilege do interview him about the nature of the US deep state and the Empire. Recently, I emailed him and asked for such an interview, and he very kindly agreed. I am very grateful to him for this opportunity.

The Saker

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The Saker:  It has become rather obvious to many, if not most, people that the USA is not a democracy or a republic, but rather a plutocracy run by a small elite which some call “the 1%”.  Others speak of the “deep state”.  So my first question to you is the following.  Could you please take the time to assess the influence and power of each of the following entities one by one.  In particular, can you specify for each of the following whether it has a decision-making “top” position, or a decision-implementing “middle” position in the real structure of power (listed in no specific order)

  • Federal Reserve
  • Big Banking
  • Bilderberg
  • Council on Foreign Relations
  • Skull & Bones
  • CIA
  • Goldman Sachs and top banks
  • “Top 100 families” (Rothschild, Rockefeller, Dutch Royal Family, British Royal Family, etc.)
  • Israel Lobby
  • Freemasons and their lodges
  • Big Business: Big Oil, Military Industrial Complex, etc.
  • Other people or organizations not listed above?

Who, which group, what entity would you consider is really at the apex of power in the current US polity?

Paul Craig Roberts: The US is ruled by private interest groups and by the neoconservative ideology that History has chosen the US as the “exceptional and indispensable” country with the right and responsibility to impose its will on the world.

In my opinion the most powerful of the private interest groups are:
The Military/security Complex
The 4 or 5 mega-sized “banks too big to fail” and Wall Street
The Israel Lobby
Agribusiness
The Extractive industries (oil, mining, timber).

The interests of these interest groups coincide with those of the neoconservatives. The neoconservative ideology supports American financial and military-political imperialism or hegemony.

There is no independent American print or TV media.  In the last years of the Clinton regime, 90% of the print and TV media was concentrated in 6 mega-companies.  During the Bush regime, National Public Radio lost its independence.  So the media functions as a Ministry of Propaganda.

Both political parties, Republicans and Democrats, are dependent on the same private interest groups for campaign funds, so both parties dance to the same masters.  Jobs offshoring destroyed the manufacturing and industrial unions and deprived the Democrats of Labor Union political contributions. In those days, Democrats represented the working people and Republicans represented business.

The Federal Reserve is there for the banks, mainly the large ones.The Federal Reserve was created as lender of last resort to prevent banks from failing because of runs on the bank or withdrawal of deposits.  The New York Fed, which conducts the financial interventions, has a board that consists of the executives of the big banks.  The last  three Federal Reserve chairmen have been Jews, and the current vice chairman is the former head of the Israeli central bank. Jews are prominent in the financial sector, for example, Goldman Sachs.  In recent years, the US Treasury Secretaries and heads of the financial regulatory agencies have mainly been the bank executives responsible for the fraud and excessive debt leverage that set off the last financial crisis.

In the 21st century, the Federal Reserve and Treasury have served only the interests of the large banks.  This has been at the expense of the economy and the population. For example, retired people have had no interest income for eight years in order that the financial institutions can borrow at zero costs and make money.

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