LaRouche: The Brazil Carry Trade Bubble is Going to Blow, With or Without Oil

March 16, 2010 (LPAC)—In his "Ides of March" webcast on March 13, Lyndon LaRouche warned: "There's a looming danger of an explosion of the Brazil currency. That explosion, which is now pending, would mean, a general breakdown crisis, for the entire planet...

"The Inter-Alpha Group, today, which is based largely on speculation among Spanish people, you wouldn't like to know, into Brazil, around the Banco Santander, but the Inter-Alpha Group as a whole, is the greatest swindle on this planet. And the British economy, entirely, financially, depends upon this swindle, whose base of operations is now, principally in Brazil.

"Brazil is bankrupt, totally bankrupt... It has a financial system which is a swindle, and the financial system is this Inter-Alpha Group, based operationally in London, the chief vehicle of the British Empire."

In further comments yesterday, LaRouche reiterated his warning about the Brazil carry trade:

"It's all bullshit, but in the short term it seems like it's rich. Then everybody starts going bankrupt as a result of trying to carry the stuff."

All of Brazil's announcements of claimed oil deposits will also do nothing to prevent the blowout of their bubble, LaRouche warned. "They just give you an estimated potential, and don't give you anything on what the extraction is going to cost. It's very deep, and that involves a lot of problems. So it's actually a cover story. Sure, there probably is stuff there—that's not the point. The point is that you've got to process it. They claim certain deposits. But since we know them, we don't trust them, and they don't give us any substantiation that would cause us to believe them," LaRouche stated.

A March 13 article by Brazilian economist and Congressional adviser Adriano Benayon also targetted Santander and the British bubble for blowout. "Banco Santander is a bank with official headquarters in Spain, originally from the Basque region, controlled by the [Royal] Bank of Scotland and, therefore, associated with the Inter-Alpha Group, run by the British royal family," Benayon wrote.

Although not mentioning Lyndon LaRouche or EIR magazine by name, Benayon echoed what LaRouche exposed at the beginning of February that while most observers are focussed on the crisis in Greece, the real crisis is in Spain. Spain, the Interalpha banks, and their financial tentacles, are in fact bankrupt. Benayon said, "competent observers point to Spain as the epicenter of the collapse of the European Monetary Union," and the fact that "Santander is the bank with biggest problems in Spain, and its difficulties worsen the City of London's crisis."

Benayon goes on to target Santander's carry trade activities in Brazil, noting that "Brazil continues to provide immense profits to foreign banks based on incredibly high internal interest rates... The Central Bank continues breast feeding the banks with real interest rates above 12% on the public debt, guaranteeing them risk-free profits ... without their carrying out any economically useful function."

Benayon adds that bank profits in Brazil are growing at an accelerating rate. Under the Fernando Henrique Cardoso government (1995-2003), profits increased by an average 11% per year. Under the Lula government, between 2003 and 2007 they skyrocketed by 19.8% per year.

Download IDES of MARCH Webcast: http://www.larouchepac.com/webcasts/20100313.html

City of London Mouthpiece Demands Dems Fall on Swords For Nazicare Bill

March 16, 2010 (LPAC)—The lead editorial in yesterday's Financial Times of the City of London is blunt, headlined: "The Democrats' Healthcare Choice; Passing Reform Will Cost Some of them Their Seats. So Be It." It reviews the status of the bill, and notes: "The fact is that for some of the Democrats whose votes will be needed, supporting this measure will indeed mean losing in November. That is a lot to ask of any politician. But, remembering what is at stake, not too much." At least, what is at stake for the British Empire...

Exactly what the Congressmen are being "asked" to fall on their swords for is still unknown. As Nancy Pelosi told the conference of county officials in Washington last week, "We have to pass the legislation so you can see what's in it."

What is happening with the formal legislative process is beyond byzantine.

A "phantom" "reconciliation bill" was posted on the House Budget Committee website on the night of March 14. The Hill says that the 2,309-page posting is simply a bill that had been previously recommended to the Education and Labor Committee and Ways and Means Committee last year. What is posted online does not include the substantive changes to the Senate health-care bill that House Democrats will seek. Those changes will be offered during the markups in the Rules committees, which the budget panel hopes to begin on Wednesday afternoon.

The shell bill was passed 21-16 by the Budget Committee. Two Democrats, Chet Edwards of Texas and Allen Boyd of Florida, joined with the Republicans to vote "no." Rep. Paul Ryan (R-Wisc.) blasted the entire procedure, calling it an "extraordinary and unprecedented abuse of the reconciliation process," and "a Trojan horse," because it will be discarded in the Rules Committee and replaced by the real bill—whatever that is.

All of this show is doesn't address the reality of the situation. What is shaping history is not a fight over healthcare; nor would any of the vast majority of the population now be convinced that is the case. Already 63-70% of the U.S. population is ready to demand the removal of all incumbents in congress. As LaRouche said at his "Ides of March" webcast on Saturday, "The American people have gone through an evolution of hatred against the members of Congress, and their President, since this President was inaugurated. It was a conversion to hatred, against their own President, but against their Congressmen, who betrayed them. The President didn't betray them—he was an enemy; you respected him, as an enemy. He came in from outside; we don't know where he came from. But the guy whom we elected, the guy we thought was our friend, was thought our representative, betrayed us! That's the guy the people hate! Not the guy who came in like an enemy from the outside, but the guy in our own ranks who betrayed the family, who betrayed the nation: and the hatred's against them."

The hand of history is already moving that would-be Belshazzar Obama out of office, in a process elaborated by LaRouche on Saturday. And the removal of Obama is the key issue. As LaRouche said, "under the right leadership and encouragement; with what we have now, the residue of government, after getting rid of this garbage, out of the Congress, out of the administration, we can rebuild this nation!"

Download IDES of MARCH Webcast: http://www.larouchepac.com/webcasts/20100313.html

Russia Goes for Insane British Carry Trade

March 15, 2010 (LPAC)—The grip of insane British monetarist practice on whole swathes of Russian economic activity was dramatized in the December 2009 newsletter of MICEX, one of Moscow's two main stock exchanges. One of the shorts in The MICEX Newsletter section, "Macroeconomic Review," asserted, "In 2010, the possibility of conducting carry trade transactions will contribute to the strengthening of the ruble. Even if the Bank of Russia continues to lower interest rates, the overnight repo rates will remain substantially higher than interest rates in the USA and the EU."

Saner heads, such as Chamber of Commerce and Industry head Academician Yevgeni Primakov, have pointed to the already >$500 billion foreign holdings of Russian corporate debt as a strategic vulnerability of the nation. Yet, London-centered monetarists continue to hype the ability of the Moscow markets to attract speculative capital as a great plus for Russia.

In 2009, even as Russian goods production collapsed and unemployment surged, the Russian RTS stock market surged by 233%. On March 11, 2010, the British wire agency Reuters crowed that the Russian ruble had hit a 14-month high, on the basis of rising oil prices and the carry trade. The London Financial Times of March 12 headlines that "Russia's hot ruble keeps seducing foreign investors."

Even the Central Bank, which is run by veterans of the London-steered radical free marketeers' hegemony within Russia in the 1990s, is alarmed at how rapidly the ruble is surging, which tends to tighten financial resources available inside the country. The Central Bank is lowering interest rates, accordingly. The FT gloats that Russia is still "the weakest link" in the BRIC countries, "but that is not stopping the speculators showing a rational — or perhaps irrational — exuberance for the ruble."

Download IDES of MARCH Webcast: http://www.larouchepac.com/webcasts/20100313.html

Telegraph: Narcissist Obama Scapegoats for Own Hubris

March 15, 2010 (LPAC)—Reporting on the forced resignation of Desiree Rogers from the White House, the Telegraph, which says that she is fighting back, accuses Obama of scapegoating Rogers for his own hubris. The Telegraph writes: "Anyone doubting that Obama has a ruthless streak should consider what happened to Rogers next. Summoned by Congress to account for the security lapse, the White House—which had come into office promising a new era of transparency—forbade her to attend, citing a constitutional separation of powers issue. Then the whispering began. Fellow Obama cronies like Valerie Jarrett—who lives in the same Georgetown apartment block—cut her off. Rogers was told she had to resign. And then news of her resignation was leaked before she could line up another job. The lavish social events that Rogers arranged despite the recession were not only signed off on by the Obamas but were part of their self-conscious attempt to create a new Camelot."

The Telegraph continues: "That narcissism has led to an increasingly disconnected presidency. Obama holds campaign-style rallies but he preaches about what he desires rather than listening. Perhaps Mr. Obama's biggest political flaw is that he seems to view himself as the personification of virtue and right-thinking. If Americans do not want health care reform, it's because they are too stupid to realize they have been hoodwinked by Republicans. If he is criticized for throwing lavish parties and portraying himself as a glamorous reincarnation of John F. Kennedy without attending to the details, then the person to blame is the Social Secretary. With his poll numbers still shrinking, however, the chances of voters blaming someone else for this hubris recede by the day."

Download IDES of MARCH Webcast: http://www.larouchepac.com/webcasts/20100313.html

Russian Officials Hit "Londongrad" Money Laundry, But Their Own Assets Are In British Offshores

March 15, 2010 (LPAC)—On Feb. 27, Russia's Deputy Prosecutor General Alexander Zvyagintsev blasted the role of Britain in harboring Russian fugitives from justice, especially those wanted for financial crimes. "No wonder so many of them call the British capital 'Londongrad'," Zvyagintsev told the government daily Rossiyskaya Gazeta, "These are not just small pickpockets, but figures with substantial funds." Zvyaginstev cited the UK's loose asylum laws (which have also been a factor in another of London's nicknames: "Londonistan," haven for terrorists) and the City of London's status as the premiere world financial center, which provides ways for criminals to conceal their ill-gotten profits.

If shadow-economy profits were the only issue, a straight- forward law enforcement approach could make headway. What Zvyagintsev didn't go into, however, is a much bigger elephant in the room: the huge portion of the Russian economy which has been melded into the global hot- and fake-money flows of the London- centered Inter-Alpha group and related financier interests. This occurred, thanks to the takeover of the Russian government in 1991 by a London-trained clique, including the late Yegor Gaidar and Anatoli Chubais, today CEO of the state-owned tech firm Rosnano.

At a meeting on attracting foreign investment to Russia, held earlier this year, President Dmitri Medvedev lamented that as much as half of "foreign" investment actually comes from Russian companies, which have their legal registration offshore. This is one of the reasons why Russia's top four foreign investor countries last year were Cyprus, the Netherlands, Luxembourg, and the UK, in that order.

A March 3 article in the St. Petersburg newspaper Nevskoye Vremya reported that, "by conservative estimates, 90% [NINETY percent] of Russia's major [privatized] companies belong entirely or partially to offshores." The article cited a number of famous cases in point: the Alfa Group of Mikhail Fridman and Pyotr Aven is registered through companies in Gibraltar, Luxembourg, the British Virgin Islands, and the Netherlands; Oleg Deripaska's Basic Element, the holding company for Rusal (aluminum), the GAZ auto complex, and a major insurance company, is registered through a holding company in the British Crown dependency called the Bailiwick of Jersey, which holding company, in turn, belongs to a firm registered in the British Virgin Islands; Roman Abramovich's Yevraz steel empire is registered as a Cyprus company; the NLMK steel complex, property of Russia's richest man, Vladimir Lisin, is run through the offshore Fletcher Holding Ltd.; and Victor Vekselberg's Renova is registered in the Bahamas.

In his book The Anatomy of Russian Capitalism (English edition, EIR News Service, 2007), Prof. Stanislav Menshikov detailed how this pattern developed, with the ill-got fortunes of the 1980s Gorbachov "perestroika" era passing over into still more ill-got fortunes of the 1990s Gaidar-Chubais privatization. It was profitable for the newly minted "oligarchs" to keep their money off shore, avoiding various Russian taxes. Nevskoye Vremya quotes the London-intimate Finance Minister Alexei Kudrin, a junior member of the Gaidar-Chubais clique and one of its members still in power, covering for these practices: "Our budget loses from optimization (tax evasion -NV editors) through offshores, but it's not illegal." At the same time, the same Kudrin is cutting funding to Russian Railways and other national infrastructure projects, in pursuit of his avowed goal of outdoing the European Union's Maastricht conditionalities by a factor of three: Kudrin wants Russia's budget deficit to be no greater than 1% of GDP.

LaRouche: We and the Russian People Have a Common Adversary

March 15, 2010 (LPAC)-- Lyndon LaRouche emphasized today that what he developed during the webcast is the only approach to be taken with regard to the Russian situation. What Lyn laid out in terms of the history of his authorship and promotion of what became known as the SDI is the true history of the issue in Russia today. The British operation targeting Russia was already in place in 1983 under Andropov. Talented young Russians were sent to Britain and trained to become part of treason inside Russia. And Gorbachev is the key issue.

Gorbachov must not be allowed to betray Russia today as he did before as an agent of the British Empire. The British are the enemy of both the U.S. and Russia. Obama must be forced to resign under threat of impeachment as in the case of Nixon, and Gorbachov must be destroyed to free Russia. Both are obstacles to the necessary imposition of a global Glass-Steagall standard and to the realization of Lyndon LaRouche's Four Powers Concept to destroy the Inter-Alpha Group and its BRIC.

As Lyn asked during his webcast on Saturday, why didn't the SDI work?

"Two factors. Principal factor — the British. The British killed it. But how did they kill it? Why did Andropov, Yuri Andropov, who had British antecedents, in terms of influence, why did he, summarily, without discussion, publicly repudiate any discussion with President Reagan? Because he was controlled by British agents.

"Now, the core of this, which became nastier and nastier, was associated with a subsequent successor, to Andropov: Gorbachov. Who, from my standpoint, from my standpoint of objective knowledge, objective judgment, Gorbachov was a traitor to the Soviet Union. And his actions can not be explained in any other terms. Here's the Soviet Union, on the road to destruction; the United States is committed, in terms of the President, in a program which I've designed, which has vast support in the military France, in Germany, in other countries, to go to work! And work our way out of a nuclear adversarial condition, by a science-driver program, to go into new technologies which will eliminate the danger from such a military technology. And this guy, summarily, Andropov, summarily, rejects that? When large sections of the Soviet apparatus have understood it and agreed with it?! Yeah.

"In the middle of the 1980s, it became clearer: there were people who technically would be qualified as traitors to the Soviet Union and to Russia, who are, today, powerful figures inside Russia. They don't represent, necessarily, the top level in Russia. They represent a very important factor — which is allied to Britain. Most of the offices were trained in Britain, from the middle of the 1980s on, the leading forces in Russia, today, were trained and directed by British intelligence circles, largely inside London, itself! Those people are, in a sense, controlling key positions in Russia, today, and are the key impediment to saving Russia, from the destruction which threatens to hit Russia, today, when the Brazil crisis explodes, as it will. In other words, the way this crisis is going now, the general financial crisis in the world today, is on the way to a breakdown crisis, not a depression, a breakdown crisis: There never will be a recovery of the economy, in the world, anywhere, as long as this danger exists! If we don't eliminate Wall Street, today, or what is the equivalent of Wall Street today, the United States is not going to exist, and we're going to have a crisis, from which no nation, will exist as a nation; we'll be in decay.

"So, these characters, who are in leading — like Chubais, not only Gorbachov, but Chubais and others, who are part of the British school of treason, from a Russian patriotic standpoint, or Soviet patriotic standpoint; British school of treason, are behind the major problem we have today. And it's the alliance of that with the British Empire, through this group — you got this creature here, BRIC [shows slide of Inter-Alpha Group/BRIC interface]. Okay. This is the group.

"Remember, the United States economic system, was crashed in August of 1971. In August of 1971, the British Empire, operating through a group headed by Jacob Rothschild, and others, created what is called this group, today. They are the controlling force, today; they are actually rotten, and they're about to crash. This is the center of the bubble, which is about to pop!. And when this bubble pops, unless we have an alternative policy in place, the whole world's going to go down with in, like the new dark age. That's where the problem lies. And the problem also lies, Russia, China, and India, have a vital common, in fact, with the United States, with nations in continental Europe, and others, in revising a new system of cooperation, to get the world economy out of this crisis, largely a nuclear-power drive, transportation-driven, infrastructure program. Which can be done, it can be financed, and it can work, and it can end this depression. This is the impediment! And the influence of this element, like a pack of traitors, inside the Russian system, is the secret to the problem. That is the technical point, that's the point of attack: That's what you must destroy! That's the enemy. Don't pick on an enemy, everybody you don't like: Pick on an enemy to destroy. Pick on the right enemy, and don't attack anybody else. Destroy that enemy. That's the enemy!

"And it's going to pop anyway. But if that enemy is in charge, politically, it will do what was done to the United States, under the late Bush Presidency, in 2007. At a point where we could have organized a recovery, from the crisis that broke out, the so-called mortgage crisis, which broke out in the summer of 2007, I had a program which would have stopped it, and started a reorganization process. They went in the opposite direction, to save Wall Street, at the expense of the people, expense of the nation: This is the crowd behind it! This crowd is determined to destroy the United States, and to destroy civilization generally. It's a very nasty plan.

"But the point is — let's don't worry about all the details, let's look at the point: How do we defeat this monster? How do we get rid of this monster? How does Russia get rid of this monster? The succubus which is sucking the blood out of it, with this crazy swindle? Russia has, you have to go through the details, as I went through them, in Russia, back in the '90s, and later. Russia was systemically destroyed! The design for the destruction of Russia, which occurred after 1989, was already built up in Britain, under British supervision, by Russians, who worked under British direction in designing the problem, people like Chubais, Gorbachov and so forth, who effectively were traitors to the Soviet Union, and implicitly traitors to their own country, today, who destroyed the Russian economy, after the collapse of the Soviet Union, and did it systemically, for political reasons! The same group that's out to destroy us! Therefore, we and the Russian people have a common adversary. And we have nations, such as China and India, who agree with what we should agree with, on a nuclear-power reorganization of the planet, for going into space, continuing and accelerating the space program, as part of a development of humanity, of science and technology. The exploration of nearby space, to take care of the needs of future humanity. And this is the enemy.

"The point in this thing, is to understand this. This is the way history works! Not the way the New York Times or the crazy Washington Post says! Not this garbage. This is the way it really works! And has always worked, in modern history, since the Peloponnesian War, in European history. And this is what we must destroy.

"So, British agents inside the Russian system, are the same people who looted and bankrupted Russia, under British direction, and if you want to find the offices of the people who run the Russian economy, in terms of this financial operation, they all are located outside Russia, in British territory! The British Empire, it hopes, by controlling Brazil, controls the world. And it's coming down.

"And that's the reality we have to understand."

Download IDES of MARCH Webcast: http://www.larouchepac.com/webcasts/20100313.html

Greek Crisis Is EU Banking Crisis, Source Says

March 14, 2010 (LPAC)—A Paris-based Executive Intelligence Review source who has connections in Athens, London, and Washington, commented yesterday that "the real question is that German banks are full of Greek bonds up to their neck" and that is the reason why the German government will bail out Greece in some form. The real question is that the German population is against bailout, and the government is afraid that Papandreou cannot implement the program he has announced. In Athens, the crisis is seen as an attack against the euro, which has chosen Greece as the entrance door. In the United States, even the most pro-European faction is skeptical on the credibility of the euro, which is seen as incapable of managing its own problems. "And therefore, they stay at the window, watching 'how they solve this.'"

The source pointed to the fact that in the end, Greece might go to the IMF, and this would be a total discreditation of the euro. "Papandreou went to Washington to see Obama, but there is also another person whom he might have met: Strauss-Kahn." He pointed to the fact that IMF Managing Director Dominique Strauss-Kahn's close advisor Jean Pisani-Ferry recently said that the Europeans do not have the money to bailout EU members and therefore we must use the IMF. The source agreed that there is no way out of the current crisis except through the implementation of a Glass-Steagall in a bankruptcy reorganization..

WEBCAST 13 MARCH, DOWNLOAD: http://www.larouchepac.com/webcasts/20100313.html

Rothschilds Run British Intelligence Operation into Russia through JRN and Diligence

March 13, 2010 (LPAC)—The main investment vehicle of the Rothschilds into Russia and Eastern Europe is JNR UK Ltd, an investment bank specializing in Eastern Europe and Russia. JNR stands for Jacob and Nathaniel Rothschild. Since Feb. 2003, Nathaniel Rothschild has been director of JRN. JNR has offices in Guernsey and Switzerland. The decision to run JNR out of its Swiss and Guernsey offices was made for tax reasons. Most of the revenues are derived from outside the UK.

Through JNR the Rothschilds run their operations inside Russia and Eastern Europe in conjunction with the Russian oligarchy. As previously reported, Nathaniel Rothschild, as director of JRN, is the chief advisor to Russian aluminum oligarch Oleg Deripaska and Deripaska's Rusal, the world's largest aluminum company, in which Rothschild is also heavily invested. In addition to his relationship to Oleg Deripaska, Nathaniel Rothschild's best friend is another Russian billionaire oligarch, Roman Abramovich. An earlier operation, the Wellsian, Open Russia Foundation, which was set up by the Rothschilds with Russian oligarch Khodorkovsky, was shut down in 2006 by Russian authorities after Khodorkovsky's criminal conviction.

Just prior to his arrest, Khodorkovsky attempted to hand over control of the Yukos oil company to Jacob Rothschild. Khodorkovsky had a "previously unknown arrangement" with Jacob Rothschild for the latter to take control of the former's Yukos stock in the event that the former could no longer "act as a beneficiary" of the shares. This effort to give control of Yukos to Rothschild was thwarted when, in 2004, the government of Russia seized and sold Yukos's largest production unit in compensation for large back tax bills.

In 2007, JNR acquired a corporate intelligence firm called Diligence to coordinate its intelligence operations in Russia as well as elsewhere. Diligence was founded in 2000 by Nick Day, a former British special forces and MI5 operative, and ex-CIA agent Mike Baker, who no longer works for the company. Day reportedly saw an opening for a new business when British companies were entering emerging markets, targeting Russia. According to Handelsblatt, more than half of their roughly 100 employees are former members of an intelligence service.

Michael Howard, former UK Conservative Party leader sits on Diligence's advisory board beside Judge William Webster, former director of the CIA and FBI, and Edward Mathias, managing director of Carlyle. Diligence describes itself as an intelligence-gathering and risk-management firm. It now boasts offices in London, Washington, Moscow and Hong Kong.

Economy Kept On Life Support While Global Governance Is Organized:

The IMF Destroys Iceland and Latvia:

 

For a New, World Credit-System: The Question Before Us

THE QUESTION BEFORE US.

 

Lyndon H. LaRouche, Jr.

Saturday, January 9, 2010

The question addressed by the following presentation, is:

 

What are to be recommended for consideration as perspectives for what is (a) a truly, urgently needed four-power initiative on behalf of a mission-oriented process of transformation of the world’s economic systems, (b) away from the presently ruinous effects of submission to an implicitly financially imperialist, global monetarist system, a virtual “new Tower of Babel,” and,(c) toward an urgently needed, fixed-exchange-rate credit system of (d) mutually beneficial, global cooperation among peoples organized as a community of respectively sovereign nation-states.

This presumes the indispensable, included, practical measure of the included, (e) immediate application of the precedent provided as the principle of the Glass-Steagall reform which was introduced to the U.S.A. under U.S. President Franklin Roosevelt.

Which also means, once more, (f) the eradication of intrinsically pro-imperialist, monetary systems, by their replacement by (g) a system of sovereign national credit-systems configured in the formation of a long-term, fixed-exchange rate array of national credit-systems.

Since most of the nominal monetary-financial assets abroad presently, are loaded with an implicitly hyper-inflationary accumulation of increasingly worthless “paper,” an immediate change from a monetary system, to a fixed-exchange-rate credit system, is the only presently available hope for avoiding the plunge of the planet as a whole into a prolonged new dark age.

What is written on the current state of the British empire, is admittedly harsh, but must be stated as a truthful representation, without fear of any actual exaggeration respecting the current policies of practice of the present British Royal House. I have been careful, not to overlook the natural, national rights of the people of the United Kingdom, with whom I, after all, share a certain ancient ancestry.

More: http://www.larouchepac.com/node/13070

 

Firewall: In Defense of the Nation State.

The reality of the Imperialism, how it works, a healthy lesson for the Icelandic Nation. Watch it !

WEBCAST SATURDAY 13 MARCH 2010.

Webcast: http://www.larouchepac.com/

LaRouche's Webcast: Shut Down the Brutish Empire Now!

The senile British lion.

 EVIL, WICKED & STUPID!

 

The small krait snake is probably among the weakest, most poisonous, and most stupid snakes in the world. However, there is less power to rule in that creature’s poison, than in the people’s fear of his suspected presence. Poisonous old, and half-brain-dead empires, like today’s British empire, are dangerous in that same way.

 

No probably successful strategic approach to correcting the presently onrushing general, planetary economic-breakdown-crisis, will exist, until we have defined the relevant form of application of a “Glass-Steagall” solution for the present type of world breakdown-crisis. If civilization is to continue to exist for the near future’s decades, even during the few months immediately ahead, all monetarists’ standards proposed for addressing the presently onrushing near term’s general monetary, breakdown-crisis, of the planet as a whole, must now be cancelled.

Perhaps, some readers’ standard objection to my own approach, will be words to the effect, that “the world is not ready to consider such a radical approach as that you suggest!” (The fear of the krait again!) I mean the approach of an FDR-style, “Glass-Steagall” standard, which wipes out such pest-holes of usury as Wall and Threadneedle streets, and that quickly, mercifully, and permanently! If that is not done, any real civilization is now almost assuredly gone, for a span of some generations still to come.

I say to the circles of London’s Inter-Alpha Group, and also to Ambrose Evans-Pritchard: “You! I mean you! Proceed, instantly, back to proverbial square one! You and the London-centered crew’s financial assets have flunked the test again! Meet my preconditions, and do it now, or embrace the doom of your nations for generations yet to come. You do, after all, have a certain freedom of choice, of sorts.” More: http://www.larouchepac.com/node/13731

LPAC Strategic Report- LaRouche's Webcast:

Shut Down the BRUTISH Empire Now!

 INTERNATIONAL WEBCAST 13. MARCH 2010.

WEBCAST:  http://www.larouchepac.com/

Gauss and the Physical Tensor: http://www.larouchepac.com/lpactv?nid=13838