is former Assistant Secretary of the US Treasury in the Reagan administration, associate editor and columnist for the Wall Street Journal and Business Week. He served as Senior Research Fellow at Hoover Institution, and Stanford, and held the William E. Simon Chair in Political Economy at Georgetown University. Dr. Roberts has testified before committees of Congress on 30 occasions and was awarded the US Treasury's Meritorious Service Award for "outstanding contributions to the formulation of US economic policy". He was educated at the University of California, Berkeley, and Oxford.

Introduction / 15; American Insouciance / 18; August 7, 2008; Who Will Stand Up to America and Israel? / 20; May 28, 2009; Are the Iranian Protests Another US Orchestrated "Color Revolution?" / 22; June 19, 2009; Why Not Crippling Sanctions for Israel and the US? / 24; August 31, 2009; Another War in the Works: America Is Led and Informed by Liars / 28; September 29, 2009; Warmonger Wins Peace Prize / 31; October 10, 2009; The Evil Empire / 33; November 7, 2009; Khalid Sheikh Mohammed's Trial Will Convict Us All / 37; November 24, 2009; The Obama Puppet / 40; December 3, 2009; For Palestinians, Every Day Is Kristallnacht / 44; December 15, 2009; Americans Submit to Tyranny / 47; December 29, 2009; Liberty Has Been Lost / 50; January 6, 2010; Is Anyone Telling Us the Truth? / 53; January 8, 2010; Insouciant Americans / 56; January 11, 2010; It Is Now Official: The U.S. Is a Police State / 58; February 10, 2010; The Road to Armageddon: The Insane Drive for American Hegemony Threatens Life on Earth / 61; February 26, 2010; American Naifs Bringing Ruin to Other Lands / 67; March 18, 2010; Washington Murdered Sovereignty at Home and Abroad / 70; March 23, 2010. Truth Has Fallen and Taken Liberty with It / 72; March 24, 2010; America's Complicity in Evil / 76; June 3, 2010; Hillary Clinton's Transparent Lies / 79; July 10, 2010; The Business of America Is War / 81; July 27, 2010; Death of the First Amendment / 83; August 26, 2010; The True Cost of the War / 86; September 3, 2010; The Collapse of Western Morality / 88; September 23, 2010; The War On Terror: Does Anyone Remember? / 92; October 15, 2010; Who Has the Crystal Ball? / 96; November 2, 2010; The New American Credo: Might Is Right / 99; November 3, 2010; America's Devolution into Dictatorship / 102; November 12, 2010; The Stench of American Hypocrisy / 105; November 18, 2010; Fabricating Terror: The Portland "Bomb" Plot / 108; November 29, 2010; Who, Precisely, Is Attacking the World? / 112; November 30, 2010; Wikileaks II: A Government Caught Up in Mendacity and Lies / 114; December 1, 2010; 2011 / 117; December 27, 2010; America Has Gone Away / 119; December 29, 2010; Egypt: Things Have to Change in Order to Stay the Same / 122; February 1, 2011; Obama's FY 2012 Budget Is a Tool of Class War / 124; February 17, 2011; War Uber Alles / 128; February 26, 2011. Our Time of Universal Deceit Needs an Orwell / 130; March 13, 2011; Obama Raises American Hypocrisy to a Higher Level / 132; March 28, 2011; The New Colonialism: Washington's Pursuit of World Hegemony / 135; April 2, 2011; Libya: The DC/NATO Agenda and the Next Great War / 138; April 7, 2011; Osama bin Laden's Useful Death / 140; May 3, 2011; The Agendas Behind the Fabricated Bin Laden News Event / 143; May 6, 2011; Americans Are Living in 1984 / 146; May 11, 2011; The West Is Trapped in Its Own Propaganda / 150; May 12, 2011; Creating the bin Laden "Reality" / 152; May 14, 2011; The Ongoing bin Laden Saga / 154; May 16, 2011; The Strauss-Kahn Frame-Up: The American Police State Strides Forward / 156; May 18, 2011; Dominique Strauss-Kahn: The Establishment Eliminates a Threat / 160; May 20, 2011; Does America Have a Culture? / 164; May 23, 2011; Will Washington Foment War Between China and India? / 166; June 5, 2011; Conspiracy Theory / 168; June 20, 2011; Who Does the Law Serve / 171; June 27, 2011; A World Overwhelmed by Western Hypocrisy / 175; June 29, 2011; Prosecutors Back Off From their Iron-Clad Case Against Strauss-Kahn / 180; July 1, 2011; Will Strauss-Kahn Be the Next President of France / 183.

Former Wall Street Journal editor, and Assistant Secretary of the US Treasury Paul Craig Roberts book is a major challenge both to economic theory and to media explanations of the ongoing 21st century economic crisis. The one percent have pulled off an economic and political revolution. By offshoring manufacturing and professional service jobs, US corporations destroyed the growth of consumer income, the basis of the US economy, leaving the bulk of the population mired in debt. Deregulation was used to concentrate income and wealth in fewer hands and financial firms in corporations "too big to fail," removing financial corporations from market discipline and forcing taxpayers in the US and Europe to cover bankster losses. Environmental destruction has accelerated as economists refuse to count the exhaustion of nature's resources as a cost and as corporations impose the cost of their activities on the environment and on third parties who do not share in the profits. This is the book to read for those who want to understand the mistakes that are bringing the West to its knees.