Listen to LaRouche, Or Go Down With Obama.

June 26, 2010 (LPAC)— If people want to listen to us, Lyndon LaRouche said yesterday, we will lead them out of the mess now threatening the very existence of humankind. If not, then they will go down with Obama, who remains locked on course on a British-scripted suicidal mission, driven by his own Nero-like obsessive personality. We are directing policy, LaRouche said, not making helpful suggestions to others. They are not competent; we are. Our attitude towards those people who nip at our heels should be to just tell them: "Go away, kid; don't bother me."

That is the approach being taken by organizers of the Kesha Rogers campaign, in their highly successful intervention at the Texas State Democratic Party convention in Corpus Christi. On Friday, Kesha spoke to the Progressive Hispanic Democrats caucus, the Veterans caucus, and the Tejano Dems caucus, and in all cases got an excellent, serious response, including cheering on a couple of occasions. She discussed why Obama has to go and LaRouche's FDR-style policy alternative to the reigning disaster.

This was more than the Democratic Party hacks could handle, and so they pronounced that they were officially kicking the Rogers campaign out of the convention—despite the fact that she overwhelmingly won the Democratic primary for the 22nd CD, and is in fact the Democratic candidate in that race. They later conceded to returning the Rogers campaign credentials, but Rogers campaign workers were not permitted to distribute literature or wear Rogers t-shirts. These hacks clearly chose to go down with Obama: By their actions, they have only sealed their own political demise. You could almost hear them singing in unison with Heine's Grenadier: "Mein Kaiser, mein Kaiser!"

So did most of the U.S. Senate and House of Representatives on Thursday, by approving the Wall Street-dictated version of the Financial Reform bill, otherwise knows as the "Frankly-a-Dudd Bill." By massive pressure from bankers and Obama Administration hit-men, Bailout Barney and the Connecticut Dudd forced through a series of giant loopholes in the derivatives "regulations," which left Wall Street elated. As far as they are concerned, this will let them continue, and escalate, their Weimar hyperinflationary game, both in the United States and internationally, such as at this weekend's G-20 meeting in Toronto.

The second travesty coming from the Congress yesterday, through which they seemed to be expressing their own political death wish, was their failure to pass legislation that would extend unemployment benefits to millions of jobless Americans, and desperately needed federal funding to states for Medicaid and other crucial budget lines. Both parties of the ancien regime engaged in a disgusting display of parliamentary cretinism—the end result of which was that unemployment benefits for 1.2 million Americans will run out by June 30, and 2 million will have lost benefits by the second week of July.

Pitchfork brigades are forming in every state of the Union. This is going to be a very hot June-July period, as the world financial system and physical economy implode precisely as LaRouche forecast.

With his international webcast today, Lyndon LaRouche will both lead and help create this backlash among the American people against the British-run Wall Street genocide. Anyone who doesn't care to go down with Obama—who is now sinking faster than you can say "Tony Rezko"—will join with LaRouche.

"Change is a'Comin' " Webcast June 26 2010  http://www.larouchepac.com/webcasts/20100626.html

The House-Senate Finance Reform Bill: Brought to You by Wall Street

June 26, 2010 (LPAC)—After negotiating into the wee hours of Friday morning, the House-Senate conference committee run by Bailout Barney Frank and Sen. Chris Dudd agreed on a Financial Reform bill which left Wall Street breathing a sigh of relief at having "dodged a bullet," as Bloomberg put it.

Despite the wave of popular hatred for Wall Street that forced Congress to even take up the issue in the first place, financial interests and White House hitmen were able to terrorize and buy off enough Congressmen to get a final bill which:

* Modified the Blanche Lincoln ban on derivatives trading by banks, to allow them to trade interest rate and foreign exchange swaps, and to hedge their own risks. That's a "loophole" big enough to drive a freight train through.

* Softened the already useless Volcker Rule to limit "proprietary trading"—i.e., speculating on their own behalf—by allowing banks to own hedge funds and private equity funds for up to 3% of their capital. That allows room for a second freight train.

* Created a new oversight council, with the Treasury Secretary playing the key role, and granted major new powers to the Federal Reserve—subjecting them to an audit only two years after they make emergency loans.

Those same Wall Street and Obama forces had earlier killed the Cantwell-McCain amendment to restore Glass-Steagall, which was the one "bullet" the City of London and Wall Street truly feared.

A smiling Financial Times reported: "Bankers said the 3% rule was a positive sign for the industry, as it would allow financial institutions to keep ownership of their internal hedge funds and private equity funds, albeit with less proprietary investment. 'It is a victory for us'...said a senior Wall Street executive."

Predictably, bank stocks rose today in response to the news, including a 3% jump for Goldman Sachs. Equally predictably, President Obama praised the bill, saying it is 90% of what he had proposed.

The bill must now be passed by both houses of Congress before becoming law, a step which can be prevented if Congress becomes sufficiently fearful of the mass strike ferment welling up in the population.

Panicked Brits Demand Further Unleashing of a Weimar-Style Wall of Money

June 26, 2010 (LPAC)—The British Empire is calling for the financial equivalent of having British Petroleum drill a well right into the Federal Reserve or Fort Knox deposits: "Let's just blow the whole thing out and get the liquidity gushing," is a fair representation of their so-called policy.

As the heads of state of the G-20 gathered in Toronto, Canada, the London Daily Telegraph's Ambrose Evans-Pritchard reported that Fed chairman Ben Bernanke is desperately trying to figure out how to pump more liquidity into the system. He is "quietly mulling a fresh burst of asset purchases, if necessary by pushing the Fed's balance sheet from $2.4 trillion to uncharted levels of $5 trillion." Evans-Pritchard quotes analyst Chris Whalen to drive the point home: "The only default option left is to crank up the printing presses again."

Meanwhile, the new "Basel III" banking regulations that will be presented at the G-20 meeting, will not propose major new capital reserves for banks as originally envisioned, as that would cut their average profit margins from 20% to 5%. "That contentious proposal, fiercely opposed by the banks," the Financial Times reported, "could be replaced by an alternative system of oversight."

So, Weimar hyperinflation it is.

Brits to Indebted Nations: Sell Us Your Country In Order to Pay Down Your Debt

June 26, 2010 (LPAC)—British imperial policy has long considered the sovereign nation-state as an annoying obstacle to their intended Malthusian world order. What better way to get rid of that pesky institutional problem, than to drive desperately indebted nations into selling off chunks of their national territory, in order to pay off their British financial creditors?

In the past, British Nazi agencies such as the World Wildlife Fund have promoted the idea of "debt for nature," handing over parts of a country's territory as a "nature preserve" in exchange for debt reduction. But now, under the excruciating pressure of the global breakdown crisis, the Brits are trying to go all the way.

Take Greece, for example, which is preparing to sell, or offer long-term leases on, some of its 6,000 islands—"in a desperate attempt to repay its mountainous debt," the June 24 London Guardian snickers. Greek Island Properties Director Makis Perdikaris said: "I am sad—selling off your islands or areas that belong to the people of Greece.... The point is to get money."

Same thing in Haiti. A U.S.-based consortium of developers is proposing to lease or buy outright the entire island of La Gonave, 287 square miles of prime real estate just off the coast from Port-au-Prince. They hope to establish an oil port and refinery, a huge jatropha plantation to produce ethanol, upscale tourism, gambling casinos, an executive jetport, and so on. All of this would be run as a private plantation under Turks and Caicos (i.e., British Commonwealth) law—not Haitian law.

And the two million Haitians still displaced by the earthquake, and the millions more facing hunger and disease? Sorry—they're not on Obama's, or the British, agenda.

Grænir í bak og fyrir, aðallega til vinstri.

Samþykktir og stjórnarsáttmáli eru ónýt plögg á íslandi. Hvað með fyrningu kvótans ? VG ætlar að láta "jafnaðarmennina" leiða sig til slátrunar á öllum sviðum gefinna loforða, sáttmála og samninga. Sem betur fer koma kosningar, sem vert er fyrir VG að huga að, áður en þeir þurrkast út.

Ætla VG að kingja öllu eyðsluruglinu í Össurri og Jóhönnu ?

 

Gagnger endurskoðun á umsókn

International Webcast Today at 1 PM EST Kl 1700 Ísl. tíma

 International Webcast Lynon Larouche today 1 PM EST 1700 ísl tíma.

 

 http://www.larouchepac.com

 

LaRouchePAC Weekly Report: June 23, 2010

 

NÝTT: Á HJARA VERALDAR

 

Soros Launches British Empire Attack Against Germany

June 25, 2010 (LPAC)—Her Majesty's speculator George Soros is leading the attack against Germany, and President Barack Obama has joined him. Soros's Humbolt University attack on Germany is all over the European press, especially the English press.

The Financial Times, in a front-page article under the banner headline "Schaeuble Defends Economic Strategy," plays Soros against German Finance Minister Wolfgang Schaeuble, who has a commentary in the FT defending Germany's austerity policy, ahead of the G20 meeting, where Germany is expected to be attacked for not bailing out the rest of the world.

In his article, Schaeuble expresses "surprise" that his government is being attacked for cutting its budget, since cutting national budgets has become the most "hotly debated issue" today. He defends his policy by countering the U.S. "focus on short-term corrective measures" approach to Germany's concern over "excessive deficits and dangers of high inflation."

The FT counterposes this to Soros's attack on Germany, quoting him as saying "something has gone fundamentally wrong in Germany's attitude to the European Union," which he declares is not only "endangering the EU" but "is liable to push Europe into a period of prolonged stagnation or worse. That will in turn generate discontent and social unrest."

In an interview in this week's Die Zeit, Soros made similar statements saying, "Unfortunately, a collapse of the euro and the European project cannot be ruled out. That would be tragic, because then Europe would be threatened by the sort of conflicts between states that have shaped European history." Soros also called the German ban on naked short sales "counter-productive," alleging that such sales do good service by exposing weak points of the financial markets.

Also quoting the Die Zeit interview, City of London mouthpiece Ambrose Evans-Pritchard in today's Daily Telegraph applauds his soulmate's attack on Germany. Evans-Pritchard, like other media, reports that President Barack Obama's letter to the G20 meeting, in which he wrote that surplus countries should do more to increase global demand, was a clear attack on Germany, not just to get it to increase its stimulus, but also to stop its influence on the European Central Bank from going into full-scale "quantitative easing."

Evans-Pritchard again quotes Soros as saying that the big problem in Europe is not a sovereign debt crisis but a "banking crisis," with the obvious implication that the banks have to be saved by a German stimulus policy.

NÝTT: Á HJARA VERALDAR

http://www.larouchepac.com

The City's Golem, George Soros, Exposed in Berlin

June 24, 2010 (LPAC) — None other than the British Empire's Golem, George Soros, was slavishly invited to whip the Germans, collectively, for not overcoming their fear of hyperinflation and for being responsible for the euro-crisis, in a speech at Humboldt University of Berlin on Wednesday evening. Soros spoke on the topic of "Europe in Crisis", as part of a series titled "Forum Constitutionis Europae," organized by the Walter Hallstein Institute (see Addendum below), the Robert Bosch Stiftung, and the EU Commission. Fortunately, LaRouche Youth Movement organizers broke the Golem's spell on the ignorant and enamored alike; video material will be forthcoming.

After a disgustingly Romantic introduction from the university president, in which Soros's "survival" of the Nazi occupation of Hungary was highlighted, but not his perfidious profiteering from the liquidation of the Jews, nor his subsequent reward and recruitment into the London School of Economics, the founder and head of the WHI, Ingolf Pernice, proceeded to continue to heap praise on Soros and also on former German Foreign Minister and European Council of Foreign Relations co-chair Joschka Fischer, who was prominently seated in the front row of the audience, closest to his paymaster, Soros. Pernice attacked those filing lawsuits at the Karlsruhe Constitutional Court against the EU750 billion bail-out fund, "in the ostensible interest of the Grundgesetz," as threatening to kill the euro, for which Germany would then receive full blame. Pernice and his WHI lust for something beyond the Lisbon Treaty, claiming that "regulation of worldwide financial markets requires a global legislative and global executive power," for which he says "the EU could be the laboratory." H.G. Wells would blush at the audacity.

What followed was a piece of Delphic Sophistry, which, as one organizer noted, will go down in history along with the demonstrations of evil by Meno and Gorgias. Soros began his remarks by stating that Germany is responsible for the crisis of the euro (currency union), because it blocked a common European bail-out after Lehman Brothers in the fall of 2008, leading to the bail-out "becoming as large as it is today," and for so strictly pursuing the Maastricht criteria, which would drive Europe into deflation and stagnation "for years to come." He was emphatic in rejecting claims that he considered Germany's exit from the euro a viable option, repeating the shopworn lie that the deutschmark would immediately skyrocket in value and send Germany's economy down the tubes. Of particular note is that Soros named the transformation of the Montane Union (for steel and coal) into the European Union "piecemeal social engineering. It was some of the most successful social engineering in history."

In typical Delphic manner, Soros said the poorer countries had experienced economic bubbles, now bursting, that the Maastricht "no-bail-out" clause was the other major flaw in the construct, and that fiscal austerity, citing Keynes, would lead to "social unrest, nationalism, xenophobia, the possible end of democracies and also threaten the European Union." He then outrageously claimed that Germany was the main culprit in creating this outlook, and that Germans must therefore be brought to understand their "responsibility" and to overcome their justified, but unwarranted fears of inflation. His three marching orders to the government were:

1) To limit austerity to the poorer countries who "abused" their access to low-interest-rate loans through the euro;

2) To tighten fiscal austerity somewhat, but loosen monetary policy, for example, by allowing the ECB to buy state bonds directly from governments;

3) To "invest" in education and infrastructure ("smart electricity grids," a chimera of the Greenies).

A LaRouche organizer got in the first question, ripping into Soros's self-portrayal as an impartial, small-time hedge-fund manager and exposing him as a financier of political revolutions, and that given the derivatives bubble of 12 times the world's GDP has no future, nor will his financial status. He ended by exposing the WHI and stating that he represents the 80% of Germans who are for a reintroduction of the deutschmark. That last part caused quite a stir in the room. Clearly hard of hearing, Pernice had to repeat what he could of Simon's statement, to which Soros somewhat dryly expressed his thanks for the advice.

After some questions, amongst which were, why did Soros think Turkey's best exports were its military? And, wasn't Soros's advice merely the policies of Bernanke and Geithner, likely to cause unemployment? All of which Soros could not hear, another LaRouche organizer got in the second to last question. He stated that there were reports from earlier in the year of a meeting in Manhattan, where hedge fund managers, along with Soros's fund, planned and launched a speculative attack to drive the euro down; that other reports showed that Soros earned on average $1 billion per week from currency speculation. Knowing full well that he had none, I asked him emphatically, how these deeds affected his conscience? This drew some applause from the crowd and forced Soros onto the defensive. He dodged the question by stating that the story came from the Wall Street Journal, which Rupert Murdoch had concocted in order to sell more newspapers. Further, Soros felt further compelled to save face and showed indeed, he has no conscience, claiming he puts the public good before his private gain by promoting policies that hurt him privately. To the shout of "What about Malaysia and Indonesia in 1997?" he said nothing.

This set the stage for some good distributions of Helga Zepp-LaRouche's latest leaflet afterwards, almost everyone took, and those who hesitated, conceded when reminded, "Humboldt was against financial speculation." Outside, our organizers were harassed by Joschka Fischer himself, who tried to counter-organize students, saying, "I've known them for 40 years. Don't talk to them, they're crazy." As the saying goes, "only the dog which was hit barks" (nur getroffene Hunde bellen).

ADDENDUM: The Walter Hallstein Institute (WHI) which hosted the event, is named after Walter Hallstein who himself represented the European empire faction to such a degree, that in 1967, de Gaulle had him thrown out of his post as the first President of the Commission of the European Economic Community. Launching his crusade for an EU constitution, Law Prof. Ingolf Pernice, who occupies the Chair of Public, International and European Law at Humboldt University in Berlin, founded the WHI in 1997. From the lecture series over 10 years at WHI's Forum Constitutionis Europae (among a long list of prominent speakers you can find Angela Merkel, Sigmar Gabriel and MEP Martin Schulz, Germany) it's clear that WHI and Ingolf Pernice has personally played a leading role in preparing the German government to give up its sovereignty, and surrender to the Lisbon Treaty dictatorship.

NÝTT: Á HJARA VERALDAR

Congressional Leaders Impose 21-Percent Cut to Medicare and Medicare Doctors

June 23, 2010 (LPAC)— The fanatics leading the Democratic Party in the House and Senate have succeeded in imposing a 21% cut to all Medicare and Medicaid doctors, which will force countless doctors to stop taking poor patients, and result in countless deaths. Nancy Pelosi announced today that she will not take up the "fix" that gets passed every year to stop the mandated 21% cut, because of disagreements with the Senate leadership over the way the bill was passed in the Senate. Harry Reid separated the fix from a broader extension bill that included unemployment, homebuyer credits, and other issues, when Republicans and some Democrats held up the extension bill as too expensive, demanding matching cuts elsewhere in the budget.

The 21% cut officially took effect on June 1, but the Center for Medicare and Medicaid Services (MMS) twice told doctors they would not process claims until the bill passed. However, the MMS began enforcing the cuts last Friday, June 18, and will process an estimated 50 million claims the agency had been holding since June 1, with the 21% cut included. If the fix is eventually passed, the doctors will be reimbursed — but how many people can hold out, and for how long, and how many will die in the meantime?

NÝTT: Á HJARA VERALDAR

Change is a'comin' - International Webcast.

June 20, 2010 (LPAC)--In the six weeks since Lyndon LaRouche's last international webcast on May 8, the world has entered into a new phase of international collapse, and of opportunity for dramatic positive change. Thus, when he takes the webcast stage again on June 26, at 1 pm Eastern time, LaRouche will address that changed situation, and how U.S. patriots, and international leaders, must act immediately to bring the world out of its current breakdown crisis. For it's clear: Change is coming, but the action or inaction of U.S. patriots will determine what kind of change it is.

If the leadership of the mass strike process which is accelerating in the United States takes up the program put forward by LaRouche PAC--ramming through the restoration of Glass-Steagall principle as the first step in global reconstruction, and forcing Obama out of office by constitutional means--the U.S. will be in a position to lead the world out of its current collapse into a New Dark Age. Western Europe, China, Russia, and India will all move to join the U.S. in a process of world reconstruction, based on a fixed-exchange rate financial arrangement, and long-term credits for infrastructure development.

On the other hand, if the world situation is left in the hands of the corrupt, British-controlled political class--starting with President Obama, and extending through much of the U.S. Congress, and the leadership of European governments--a new steep financial collapse, and acceleration of the economic breakdown crisis, will be virtually assured. That disaster will be all the worse, given the horrors carried out by the British imperial oil company, BP, in the Gulf of Mexico.

LaRouche's webcast will lay out the choice. Tune in at 1 pm eastern on www.larouchepac.com, or call 1-800-929-7566 to find out how to attend a showing in your area.

NÝTT: Á HJARA VERALDAR