Under Obama, Global War and Collapse are Inevitable; So Let's Impeach the British Bum!

April 27, 2010 (LPAC)-- The dynamics of the mass strike (led by rage against the banks), and the determination of certain policy circles to prevent global war, are creating a very fluid situation politically, with significant openings for LaRouche's Global Glass-Steagall and his Strategic Defense Initiative strategy, best known today as the Four Power agreement. These very openings underscore what LaRouche has stressed continually: until now, only we and some of our closest associates in economic policy-shaping, have had the solutions.  It is we, who must put them out far and wide, with absolutely no compromise on the fundamental principles on which they are based.        

Start with the global economic and financial breakdown crisis. Even as the usual official and similar idiots proclaim the alleged recovery, the inner circles are well aware that the ongoing collapse is accelerating. Among the latter, some leading circles have finally determined to go with a Pecora Commission approach, which is now expressing itself in the fully justified witchhunt against Goldman Sachs. In this environment, what had been, until now, the nervous Nellies who have known that LaRouche was right on the need for Glass-Steagall, are finally raising their voices, and we are likely to see a lot more of this in the coming days.        

But, our job is to force through not just the word, but the principle—specifically: the principle of dumping the hundreds of trillions of funny casino money, and carrying out a bankruptcy reorganization, as we usher in the Glass-Steagall principle separating commercial from investment banks once again. Only LaRouche has clearly defined this issue, and it is his proposal that must be rammed through.        

On the strategic issue, the situation is equally interesting. Over the last week or so, there have been an increasing number of instances in which acknowledged enemies of LaRouche and Reagan's SDI have come forward to propose cooperation between the U.S. (or even NATO) and Russia on building a joint ballistic missile defense system. The latest example was Sen. Carl Levin today, who addressed a forum on U.S. Russia relations with just such as call, which he explains as being very important technically, and as a political signal against Iran.         The problem is: it won't work. There is no way that the U.S. can eliminate the principle upon which LaRouche, and also President Ronald Reagan, based the SDI, and proceed on the basis of technical cooperation.        

The only successful way to implement the SDI, as we have stressed in recent EIR articles, and Lyn stressed again in his April 24 discussion on the Russian question, is to proceed from the standpoint that such cooperation is a matter of vital common interests for not only Russia and the U.S., but all mankind. Only those who admit that Lyn, and Reagan were right back in the early 1980s—along with certain Russians, as well—can take the proper standpoint. In effect, the U.S. and Russians have to agree to break free of the British Empire.        

The SDI was not a diplomatic tactic, but the design of a revolution in statecraft, a measure needed to ruin the power of that British Empire, such as Churchill's British Empire in late April 1946, which created what was, from the standpoint of vital U.S.A. interests, the U.S.A.-Soviet conflict which FDR had opposed, and worked to defeat for as long as he lived.        

Remember what the SDI is, and was proposed to be. It demands not a compromise, but a joint scientific effort for "the common aims of mankind," on the most advanced scientific level, as scientist Edward Teller had proclaimed at the Erice conference of that time.  Today, the pursuit of the SDI technological revolution is intimately  related to space exploration, and requires, still today, specifically  anti-British imperialist, joint collaboration, rather than merely diplomatic compromises, in that area as well. The SDI was devised by Lyn, personally, not only to stop war, but to elevate mankind to the role of collaborators in a scientific venture to discover new principles in the universe, that can generate progress into future generations. It was not a "practical matter," but a clear view of the only long-term perspective for the secure future of all mankind.        

For that reason, we have to face the ugly fact that this cannot happen under Obama. Under Obama, who is, essentially, nothing as much as an asset of a power foreign to our United States, who is not only a British asset, but also virtually the inhumanly brutish one of his own and the British monarchy's Hitler-like health-care policy, who continues to show his commitment to unleashing war against Iran, global war is inevitable. You can't have a Nero as President of the United States, and expect to avoid the kind of spreading global warfare which plunges the entire planet into a prolonged "new dark age" like that of Europe's Fourteenth Century.        

In fact, the first and foremost popular enemy of Obama has been shown to be, not the U.S. Congress, nor the leading parties as such, but the American people: the Nazi-like health care bill shows that moral failure of both parties, especially the leadership of the Democratic Party, as shown again, most recently in California.  With a man of Obama's lack of moral character continued in the Presidency, it is not only the Democratic Party that will destroy itself, but the nation as a whole.        

From that standpoint, the flank of the Blagojevich scandal remains very, very hot, as a potential lever for removing this President. But, do not be lured into sticking to one tactic. We present what has to be done, without compromise, while remaining flexible on how it can be achieved. The aim is victory for the cause which the tradition of LaRouche's original design of the SDI represented against such opponents as British "fellow travellers" in the Soviet government then, and similar opponents of mutual strategic anti-Ballistic-missle defense, still today.   What is required, is not a diplomatic compromise, but a commitment in commonly shared principle, among respectively sovereign nations, but to a common end.

Word Spreads of Obama's Demise

April 27, 2010 (LPAC)—On Sunday, April 25, Firedoglake.com ran a headline story entitled, "The Corruption Scandal That Could Bring Obama Down: Redacted Supoena Portions Reveal Much." After reprinting the unredacted information originally posted on Chicago's NBC affiliate station from the motion submitted by Rod Blagojevich requesting the ability to subpoena Barack Obama in his upcoming June 3 trial, Firedoglake concludes that Obama may not have been clever enough to have avoided being caught in illegal acts. Therefore, "when the GOP retakes the House and reclaims more Senate seats, count on the party to use this as its justification for impeaching and removing Obama." Firedoglake.com clearly underestimates the rapidity with which Obama could be overwhelmed by the accumulating scandals surrounding his presidency, but the posting is a recognition of the danger Obama is now in.

As the trial approaches, one notable point made in the Blagojevich submission, which was not redacted, therefore, has not received media coverage, is the fact that according to an article in Britain's Daily Telegraph by Toby Harnden on December 26, 2008, Obama was interviewed at his Chicago transition office by two U.S. Attorneys and two FBI agents for two hours on the prior Thursday.

The Blagojevich motion notes that on December 19, 2009, the defense filed a discovery motion requesting all notes, transcripts and reports generated from the government's interview of Obama. As of last week the defense has not received any notes, transcripts or reports from President Obama's interview with the government.

Others interviewed by the government were Rahm Emanuel and Valerie Jarrett, whom Emanuel had said was Obama's preferred candidate. At the time, Harnden reported that Emanuel was known to have spoken to Blagojevich once or twice, and to his chief of staff John Harris at least four times about the vacant Senate seat. During his impeachment proceedings before the Illinois Senate last year, Blagojevich had failed in his attempt to subpoena both Emanuel and Jarrett. According to the Chicago Tribune at the time the scandal emerged, Emanuel relayed to Blagojevich's team a list of candidates who would be acceptable to the Obama camp, and that these conversations were captured on a tape possessed by U.S. Attorney Patrick Fitzgerald.

The question is what did Obama and his associates say in their interviews, and what does Fitzgerald have on tape?

Among other things, does Fitzgerald have a tape of the telephone discussion between Obama and Blagojevich of Dec. 1, 2008. Just one week later — on the day Blagojevich was indicted — Obama told reporters flatly, "I had no contact with the governor or his office, and so we were not — I was not aware of what was happening." Obama was interviewed by the FBI some two weeks later. Did he perjure himself by repeating this claim to the FBI?

Although Obama would like to portray his relationship to Blagojevich as distant, the fact of the matter is that Blagojevich, Emanuel, Rezko and Obama have had a very close relationship. Emanuel ran for the seat in Congress vacated by Blagojevich. Ryan Lizza reported in the New Yorker that Obama received "his first high-level experience in a statewide campaign" while advising Blagojevich during this campaign for Governor. Rahm Emanuel was also a top strategist for that campaign. According Lizza: "Rahm Emanuel ... told me that he, Obama, David Wilhelm, who was Blagojevich's campaign co-chair, and another Blagojevich aide were the top strategists of Blagojevich's victory. He and Obama participated in a small group that met weekly when Rod was running for governor, Emanuel said. 'We basically laid out the general election, Barack and I and these two.' A spokesman for Blagojevich confirmed Emanuel's account, although David Wilhelm, who now works for Obama, said that Emanuel had overstated Obama's role. 'There was an advisory council that was inclusive of Rahm and Barack but not limited to them,' Wilhelm said."

LPAC Informs House Science Committee: If Humanity Runs Out of Helium 3, Blame Barack Obama

April 27, 2010 (LPAC)—The House Committee on Science and Technology held a hearing April 22, on the topic, "Caught by Surprise: Causes and Consequences of the Helium-3 Supply Crisis," at which time three representatives of the LaRouche Political Action Committee provided attendees with written testimony on how there need be no such eventuality. The full text, prepared by Peter J. Martinson:        
If humanity runs out of an adequate supply of Helium-3 soon, and if adequate measures are not taken to reinstate our supply, the blame must be placed at the feet of President Obama. The most abundant source of Helium-3 that is accessible, is not in our nuclear arsenal or in Amarillo, Texas, but on the surface of our Moon. If President Obama's proposed budget goes through, without provision for the continuation and advancement of the NASA manned space program, then we will have thrown away the greatest mining opportunity in our history.

It is useful to use the Helium-3 crisis to illustrate how the problems in scientific and economic thinking have led to the point of the breakdown of human civilization. The Helium-3 problem does not represent one of many unconnected, coincident crises facing civilization today, but is integrally involved with the dynamic of global collapse. American economist Lyndon LaRouche has repeatedly warned, that we are now, indeed, at end-game, where either our world will not return from the meat grinder of world wars and disease for many generations, or we will reverse the process of collapse and turn our sights towards the heavens, in cooperation with at least Russia, China, and India on the project of Man's true destiny—the colonization of the Moon, Mars, and the rest of our Solar System.      

Our true enemy is the British Empire, which resides in the financial houses of London, Wall Street, and various off-shore locations such as the Cayman Islands and the Dutch Antilles. This empire is right now moving towards the final destruction of the world economy, especially their historic enemy the United States. Until that threat is consciously taken on, through such Federal acts demanded by LaRouche — beginning with the bankruptcy reorganization of the U.S. Federal Reserve system under the Glass-Steagall standard — then no amount of bailouts or terrorist hunting will ever secure our nation. We must de-fang this British Empire immediately, and finally regain control over our nation's economy and security - in much the same way as that great Democrat, Franklin Delano Roosevelt.      

The power of the American System of Political Economy, is in its reliance on the powers of human cognition. From even a money perspective, missions of discovery organized by the Federal government have always resulted in huge profit, even though the importance of these missions was never implied by a conventional economics class. For example, the Apollo program made ten cents for every cent invested. But, the real profit was in the form of an increased power Man wielded over nature, at the end of the program, in terms of new technology, and trained engineers — many of whom have been tapped for NASA's Constellation project. Real profit is never in money, but in increased power to evoke anti-entropic changes to the universe.      

Since the assassination of John F. Kennedy, our government has been induced to dump this concept from our national economic thinking. As the current case involving Goldman Sachs, and the proliferation of former Goldman Sachs employees in our government, indicates, we have turned to the practice of pleasing Wall Street, the junior partner in the British Empire, instead of pushing for scientific and technological breakthroughs. Our economy has turned into a giant casino, where the progress gained up through Kennedy's presidency has been largely discarded, and now "cures" for our dead economy are being thrown to entities such as Goldman Sachs and AIG in the form of huge infusions of money.      

Human civilization has been living off of the momentum developed up to the death of President Kennedy. Since the late 1960s, we have exhausted the resources to support a world of going on 7 billion people, at the current technological level. In order to survive this global economic crisis, it must be the mission of the United States of America to begin making great leaps again in the level of real technology, which is only possible through setting a few very great goals. This is where the apparent crisis in Helium-3 is really located.      
The largest known source of Helium 3 (besides the outer gas giant planets) is on the surface of the Moon. The same money that could be invested into reviving the domestic production of Helium 3 could thus be more effectively invested for a serious mission of Lunar industrialization.      

The best use of Helium 3 is being demonstrated right now at the University of Wisconsin-Madison, where they have been running an inertial electrostatic confinement reactor for some years, using the Helium 3 + T reaction. Were significant funding offered for this kind of fusion research, then break-even could actually be achieved. This research will lead not only to a clean, efficient, powerful source of electricity, but to breakthroughs in knowledge of the nature of matter and spacetime.      

In reality, the best plan, regarding the supply and use of Helium 3, is what should be the current goal of all human science, and specifically the mission of the United States. We must begin immediately to move on a manned mission to Mars. We cannot risk sending human astronauts on a two- to three-hundred day, ballistic voyage there, because of the deleterious effects on their health due to extended weightlessness. We need those astronauts to be able to perform work when they get there, and they must be able to return home. Therefore, we must at least provide an artificial gravity on their spacecraft, which could most directly be attainable through construction of Helium 3 fusion rocket engines, which can continuously accelerate the craft at 1 Earth gravity. This would shorten the trip to the length of about a long weekend.      

All discussion about both Helium 3, and fusion, is best put into context by recognizing Man's immortal mission to explore and colonize, personally, our Solar System and beyond. Therefore, some concrete proposals for this Committee on Science and Technology are:  

      1) Fight to block President Obama's proposal to shut down NASA's manned Lunar program,  

      2) Immediately launch a real Apollo-style mission to send astronauts to Mars, and return them to the Earth safely,  

      3) Increase funding for all aspects of fusion research in the United States, but especially that involving Helium 3.

Sen. Levin Releases Damning Goldman Emails Before Tuesday Hearing

April 25, 2010 (LPAC)—In advance of his Tuesday, April 27 hearing where he will grill Goldman "Sucks" CEO Lloyd Blankfein and other officers, Sen. Carl Levin (D-Mich.) released four internal Goldman emails Saturday morning, in which Blankfein and others preen themselves on making piles of money by shorting the housing market, including deals which Goldman itself had set up, as in the case featured in the SEC lawsuit against Goldman of April 16.

Levin's own summary, as follows.

"In one of the e-mails released today, Mr. Blankfein stated that the firm came out ahead in the mortgage crisis by taking short positions. In an e-mail exchange with other top Goldman Sachs executives, Mr. Blankfein wrote: 'Of course we didn't dodge the mortgage mess. We lost money, then made more than we lost because of shorts.'

"In a second e-mail, Goldman Sachs Chief Financial Officer David Viniar, who also will testify on Tuesday, responded to a report on the firm's trading activities, showing that - in one day - the firm netted over $50 million by taking short positions that increased in value as the mortgage market cratered. Mr. Viniar wrote: 'Tells you what might be happening to people who don't have the big short.' Levin said: 'There it is, in their own words: Goldman Sachs taking the big short against the mortgage market.'

"In a third e-mail, Goldman employees discussed the ups and downs of securities that were underwritten and sold by Goldman and tied to mortgages issued by Washington Mutual Bank's subprime lender, Long Beach Mortgage Company. Reporting the 'wipeout' of one Long Beach security and the 'imminent' collapse of another as 'bad news' that would cost the firm $2.5 million, a Goldman Sachs employee then reported the 'good news' - that the failure would bring the firm $5 million from a bet it had placed against the very securities it had assembled and sold.

"In a fourth e-mail, a Goldman Sachs manager reacted to news that the credit rating agencies had downgraded $32 billion in mortgage related securities - causing losses for many investors - by noting that Goldman had bet against them: 'Sounds like we will make some serious money.' His colleague responded: 'Yes we are well positioned.'"

Concerning Tuesday's hearing, finance professor and Wall Street historian Charles Geisst was quoted saying: "This is Pecora II. They have to squirm and they have to answer the questions."

The Case Of Arkady V. Dvorkovich

APRIL 24, 2010 (LPAC)- LaRouche speaks on the case of Arkady V. Dvorkovich, Assistant to the President of Russia, after Dvorkovich's incompetent presentation at Stanford University.

 

Audio:

The Case Of Arkady V. Dvorkovich

Obama Ties to Goldman Sachs Were Early and Often

April 24, 2010 (LPAC)—The following news item was posted on the Chicago Sun Times blog of political writer Lynn Sweet back in October 2007. What it demonstrates is that the Barack Obama ties to Goldman Sachs, like his sponsorship by British operative George Soros, predated the big push around his Presidential campaign. The relationship is about more than just the $1 million that Goldman Sachs employees dished out for Obama's Presidential campaign. It is about deep political ties, channels of control, and the mechanisms through which the British pull the strings on the Obama Presidency:

Obama interviewed by Brokaw at private Goldman Sachs dinner last year.
By Lynn Sweet on October 7, 2008 2:39 AM

WASHINGTON—On May 3, 2007, Barack Obama attended an event at the Museum of Modern Art in Manhattan that was not on his public schedule and is only now surfacing—a private dinner for Goldman Sachs traders with a discussion on issues moderated for the Wall Street firm by NBC's Tom Brokaw...

The dinner was not a fund-raiser for Obama, then in the early stages of his Democratic primary campaign launched February, 2007. Brokaw interviewed Obama for about 45 minutes on mostly international issues. Brokaw received an honorarium, donated to charity. The Obama campaign called the event a "moderated conversation" when I inquired on Monday.

Brokaw's appearance was arranged through Goldman Sachs—not the Obama campaign. It was the only session Brokaw did for Goldman. Brokaw's honorarium was given to a charity.

The employees of Goldman Sachs collectively would go on to become the top contributors to the Obama campaign.

Bundled together, by Sept. 28, 2008, the latest figures available, Goldman Sachs members or their families contributed $739,521 to Obama, making the firm number one source of donors to the Obama campaign, according to the Center for Responsive Politics. To be clear—Goldman Sachs did not make any contributions (that's not allowed by federal law)— the money was from individuals connected to the firm. The CRP analysis is of contributions of $200 and more.

The sum does not include money raised by two major Obama fund-raisers: Bruce Heyman, an executive at the firm and James Johnson, a Goldman Sachs board member and former chairman and CEO of Fannie Mae, the failed mortgage giant in the news because of the subprime mortgage crisis that led to the economic collapse.

Johnson was originally tapped by Obama to lead his vice presidential vetting squad until he quit because of his own controversies.

An April 18, 2007 Bloomberg News article about top campaign bundlers noted that Obama addressed the Goldman's annual partners meeting 2006 in Chicago.

Ratings Agencies Were Wall Street Cat's Paws; and Wall Street Is Next

April 24, 2010 (LPAC) — The third of four hearings on "Wall Street and the Financial Crisis" held by Sen. Carl Levin's Senate Permanent Investigations Subcommittee, today went after the pathetic rating agencies, who aided those blowing up the debt bubble by forever giving "AAA" a bad name. Some 90-95% of all the residential MBS, and CDO derivatives based on them, which were rated "AAA" by Moody's, Fitch, and Standard and Whores, are now junk bonds.

A report released by Levin's committee on the eve of the hearings makes clear why: "The credit rating agencies allowed Wall St. to impact their analysis, their independence, and their reputation for reliability." They were bought. In 2007, a Moody's analyst told a Merrill Lynch investment banker that a rating could not be finalized until the "fee issue" was resolved. The banker responded, "We are OK with the revised [i.e., increased] fee schedule.... We are agreeing to this under the assumption ... you will work with us further ... to try to get some middle ground with respect to the ratings." And so another bunch of pieces of toxic debt became "AAA" along with hundreds of thousands of others.

The hearing today also established, by testimony of Moody's and S&P credit analysts, that their bonus pay depended on those ratings, and on the "market share" that ratings agencies gained by doling out the "AAA's". The ratings agencies themselves made high profits during the 2003-2007 bubble boom years, which they did not use to hire more analysts to cope with the flood of toxic crap being issued, but rather distributed as dividends.

In other words, the ratings that your pension fund relied on to invest your future benefits, were bought and paid for by Wall Street investment banks.

Most interesting, however, were Levin's closing remarks at today's hearing. He announced that having held inquisitions into the mortgage fraud, then the regulatory agencies which allowed it to pour ahead undisturbed, and now Wall Street's favorite ratings agencies, on April 27 his target will be Wall Street investment banks themselves, and in particular Goldman Sachs. "It was NOT a 'market maker' which had to go short and long," Levin said, "It was a conspirator in creating this huge bubble which crashed on us." He said that he was placing "four documents bearing on this role of Goldman Sachs" into today's hearing record in preparation, and that the committee would post those documents on its website either Friday night or Saturday morning.

This should make interesting weekend reading for Goldman Sucks chairman Lloyd Blankfein, who will be on the stand Tuesday

Netanyahu Must Be Brought Down Immediately

April 24, 2010 (LPAC)—"An Israeli attack—any military action—against Iran would be clinically insane," said Lyndon LaRouche yesterday. "But Bibi is on such a tight British leash that he is capable of just such madness. Netanyahu must be brought down immediately, so some more sane elements, who would at least think twice before taking action that would wipe out civilization, can be installed in his place. Right now, the Netanyahu government in Israel represents the single greatest threat to start World War III."

Indeed, because of British agent Netanyahu's continuing threats of military strikes against Iran, the United States is on an insane course of imposing "crippling sanctions" against Iran. It won't work. The sanctions won't hold against Iran, just as the previous decades of U.S. sanctions and boycott of Iran has not led to regime change.

The sanctions are just an interim step towards war, despite good intentions by some U.S. officials, like Vice President Joe Biden, to use sanctions to avoid military strikes. On April 22, appearing on the TV gossip program, "The View," Biden asserted, "Everyone from the Israeli prime minister straight through to the British prime minister to the president of Russia, everyone agrees the next step we should take is the UN sanction route." Biden predicted that sanctions at the UN would be passed by May. He also said that the Israelis "are not going to do that," when asked if Washington is worried that Israel will attack Iran without U.S. consultation.

In Congress, sponsors of bellicose sanctions bills in both the House and the Senate, know that the sanctions are provocative, and are intentionally pushing these sanctions so that Iran will react, and provide an excuse for launching a war.

Speaking against a motion to appoint House conferees for a joint House/Senate sanctions bill on April 22, Rep. Ron Paul (R-TX) called the sanctions bills "an act of war." He said, "We need to see all this for what it is: Propaganda to speed us to war against Iran...." He said that the debate on the bill and the conferees was full of the "same falsehoods and distortions used to push the United States into a disastrous and unnecessary one-trillion-dollar war on Iraq .... The parallels are astonishing."

LaRouche's Saturday Morning Bombshell

April 24, 2010 (LPAC)—This morning, Lyndon LaRouche is going to deliver a presentation, in which he will report on a recent event at Stanford University, at which the top economic advisor to Russian President Medvedev, Arkady Dvorkovich, made a presentation that revealed the total bankruptcy of the economic policy of Russia, a policy so incompetent that, if allowed to continue, will totally destroy the Russian economy.

While we have indication that Prime Minister Putin is unhappy with this garbage, even he is not in a position to unseat the apparatus that has been running Russian monetary and economic policy since the time of Yuri Andropov and Mikhail Gorbachov. The whole of Russian economic policy comes out of the British oligarchy, typified by the International Institute for Applied Systems Analysis (IIASA), which first was created as part of a British takeover of Russia in the 1967-1971 period, when Andropov was put in charge of the KGB and rammed this through. Typical of this sheer incompetent folly is the central role played by Goldman Sachs, in launching the BRIC operation, as reported in the briefing in recent days.

Now, both Goldman Sachs and our British stooge President, Barack Obama, are in big trouble. The combination of these two developments defines an opening to turn the strategic situation around, decisively. As Lyn emphasized in his appearance with John Hoefle and Harley Schlanger on the LPAC Weekly Report, the United States cannot survive if Barack Obama remains in office. And if the U.S. goes down, the entire planet is guaranteed to plunge into a prolonged New Dark Age. That is the truth, and it cannot be dodged.

The fact that we have smoked out this British operation to literally destroy Russia, and that LaRouche is going to put the story out, in his own words today, is going to really shake things up.

Obama is in trouble. On Thursday, attorneys for former Illinois Governor Rod Blagojovich filed a motion in Federal Court, demanding that President Obama appear as a witness at his criminal trial, now scheduled to start in June. They also demanded document production. A redacted version of the court submission was released to the public, but "inadvertently," the redacted portions were revealed. They made a devastating case that President Obama lied through his teeth about his role in the selection of the replacement in the Senate, after he won the 2008 election. It also appears that public statements that he made have been contradicted by sworn testimony by Tony Rezko, the Chicago swindler who was Obama's neighbor and helped him buy his Hyde Park home. It is going to be very hard for the government to go ahead with the Blegojovich trial, without ordering the President to testify.

Lyndon LaRouche commented on this development: The release of the unredacted subpoena document from the Blagojovich case cannot be suppressed. It is out there. This will put the legitimacy of the Obama Presidency further in doubt, in the minds of the American people. Blagojovich is facing a jail sentence, and his demands for Obama's appearance are totally legitimate. Obama now has a very big problem. Right now, the American people hate the Congress more than they hate the President. But this scandal could soon change that situation. Obama could very quickly become the number one hate-object for the vast majority of Americans.

The Chicago trial further spotlights potential impeachable offenses that are now piling up. In February, Rep. Joe Sestak (D-Pa.), a retired U.S. Navy Admiral, charged that he had been offered a post in the Obama Administration if he would drop his challenge to Sen. Arlen Specter in the upcoming U.S. Senate Democratic primary. In two months, no one from the Obama White House has challenged the Sestak claim, and if the charges prove accurate, they are clearly criminal.

And things are not looking much better for Obama's boosters at Goldman Sachs. Beyond the SEC civil suit against Goldman, there are upcoming hearings by Sen. Carl Levin (D-Mich.) at the Senate Permanent Subcommittee on Investigations next Tuesday, where Lloyd Blankfein and other top Goldman execs are going to be grilled. At the close of a hearing on Friday, on the role of rating agencies in the Wall Street crash of 2007-2008, Levin announced that he would be posting four exhibits on the subcommittee website by the end of the day, that will be used at Tuesday's hearings. The expose of Goldman Sachs criminality is taking off in Europe, as well as in the United States. In Germany, Goldman Sachs was in the center of a looting operation, involving their purchase of formerly state-owned housing units. The issue is a centerpiece of the North Rhine Westphalia elections, and will be a major point of BuSo intervention in the coming days.

And Goldman's role in the Greek debt crisis is coming under scrutiny, with calls for a criminal investigation. A German investment firm, on Friday, called for a criminal probe of the Goldman Sachs role in the Greek blowout, and called for all of Goldman's sales of Greek debt to be nullified, and for Goldman to repay the profits they made on the deals. Lyndon LaRouche applauded the idea, noting that it could make a debt reorganization of Greece more manageable.

Overall, however, LaRouche made the point that there is absolutely no alternative to a Global Glass Steagall agreement, starting with the Four Powers. The Greek situation is otherwise hopeless, as is the entire European debt situation. We are on the verge of a wave of sovereign defaults, that can only be addressed by LaRouche's solution.

Were LaRouche to be given the authority of the President of the United States for just 48-72 hours, the entire crisis could be resolved. LaRouche would confer with the relevant officials in Russia, China and India, and the very next morning, at dawn, would announce the agreement, in principle, for a Global Glass Steagall bankruptcy reorganization, inviting other countries to join in the effort. Such a move would catch the British totally offguard, which is pivotal. If the British got wind of a serious challenge, they would move, immediately, to blow up the whole planet, to trigger an immediate Dark Age collapse into barbarism. For the moment, the best instrument the British have for such a war to end all civilization is Israel's Bibi Netanyahu. An Israeli attack—any military action—against Iran would be clinically insane. But Bibi is on such a tight British leash that he is capable of just such madness. Netanyahu must be brought down immediately, so some more sane elements, who would at least think twice before taking action that would wipe out civilization, can be installed in his place. Right now, the Netanyahu government in Israel represents the single greatest threat to start World War III. He is more dangerous than Iran. We must get Netanyahu out of office now.

WHERE ARE WE HEADING ?

Lyndon LaRouche Guest Appearance on the LaRouchePAC Weekly Update.

The Icelandic Crash is "NOTHING" compaired with what is Coming ! 

 

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