Deripaska and Rothschild

March 11 (LPAC)—As reported earlier by EIR, Oleg Deripaska is believed to have first met Nat Rothschild, co-chairman of the New York hedge fund Atticus Capital, at the five-star Le Meurice hotel in Paris in April 2002. The occasion was a board meeting of Brasilinvest, based in Sao Paolo. Keynote speakers included President George Bush, Sr., and Helmut Schmidt. Deripaska had already served on the board of Brazilinvest for some time, while Rothschild had just been invited to join the board for a three-year term by the Garnero family from Brazil. "During the board meeting Nat was introduced to Oleg, and together they became good friends in their own right," said Mario Garnero Sr. Chairman of Brasilinvest.

Deripaska is believed to have helped Rothschild to find investors for Atticus Capital and to extend his business interests. Rothschild has helped Deripaska to gain a foothold in some of the world's most lucrative markets. Their joint interests now span timber, insurance, banking, mining, airports, construction, and cars. The Rothschilds are also partners with Deripaska in a yacht port in Montenegro run by Peter Munk, chairman of Barrick Gold. The partners include: British investment banker Lord Jacob Rothschild and his son Nathaniel (Nat Rothschild, a member of the International Advisory Board of the Barrick Gold Corporation); French businessman Bernard Arnault, CEO of luxury-goods firm LVMH; Russian businessman Oleg Deripaska; Hungarian real estate tycoon Sandor Demjan; and his eldest son, Anthony Munk, managing director of Onex Corp. Adriatic Marinas, a Munk company, is the developer.

TimesOnline reported on Feb. 21, 2010, that Deripaska's Rusel floated an IPO in Hong Kong and Paris. Rusel is the world's biggest aluminum producer, controlled by Deripaska; it is heavily indebted. Almost 40% of the shares in the offering were sold to a group of just four investors, including Nathaniel Rothschild, and John Paulson, the American hedge-fund tycoon who made billions from the sub-prime mortgage crisis. Prior to this IPO, in December 2009, Deripaska arranged a debt restructuring with more than 70 international banks. Meanwhile, a public statement by Deputy Prime Minister Alexei Kudrin confirms that Deripaska, Rusal's controlling shareholder, has given up control of his shares to Russian state officials in order to stave off his foreign and domestic creditors.

Saturday: http://www.larouchepac.com/

The Ides of March are Coming - LaRouche Webcast Teaser

Who is Oleg Deripaska?

March 11 (LPAC)—Oleg Deripaska is a Rothschild-controlled, organized-crime-linked Russian oligarch, whose fortunes, however, have plummeted, despite being wired into the Rothschilds. He was named by Forbes magazine in April 2008 as the richest Russian in the world. Six months later he was under pressure to repay substantial loans to the Royal Bank of Scotland (RBS). It has never been disclosed how much Deripaska borrowed from British banks, including RBS.

In Feb. 2009 the Telegraph reported that Deripaska, whose fortune had been estimated at between $28-40 billion, had lost nearly 90 percent and now had assets worth just $4.9 billion. Trying to keep afloat, he divested himself of a number of holdings, including Magna.

Deripaska, who is 42 years old, started out as a metals trader, and made much of his fortune by the age of 25, as a result of surviving the "aluminum wars" that erupted in the early 1990s. Today he is the owner of Basic Elements, a robber baron investment company established in 1997 with assets in Russia and abroad. He has a 20-million-pound house in London's Belgravia and speaks fluent English. He is married to Polina Yyumasheva, daughter of Boris Yeltsin's former chief of staff.

In July 2006, the US State Department revoked his American visa. The Wall Street Journal reported that the entry ban was tied to concerns that Deripaska might have ties to organized crime in Russia and concerns about the veracity of his statements on the matter to the FBI. Deripaska received a US multi-entry visa in 2005. Basic Element planned to buy a $1.54 billion stake in Magna International, which was making a bid for Chrysler. A Deripaska cash infusion into Magna could have helped to fund such a bid. The WSJ speculates that the revocation may have been on grounds of national security. Documents seen by the Sunday Times say that a Russian mobster, Anton Malevsky, was part of a protection racket involving Deripaska's company. Malevsky was killed in a parachute accident in South Africa in 2001. In 1995, about 35 people in the metals industry died in mysterious circumstances.

SATURDAY : http://www.larouchepac.com/

Venice and Leibniz: A Battle for a Science of Economy

The Battle for a Science of Economy

By Michael Kirsch

December 24, 2009

If citizens knew that between Galileo Galilei, Rene Descartes, and Isaac Newton, not a single discovery was ever made, then the illusion that there is a basis for believing in Adam Smith’s “self-correction of the market,” a self-evident value of money, the validity of statistical methods, and any necessity for London and Wall Street, would instantly vanish. But, if citizens further knew of the unique mind and fight which was the life of Gottfried Leibniz, then, the Venetian monetary system’s long campaign against the Westphalian era of the nation-state could be halted as if at the coroner’s door, in its present, and impossible desire to rule over a much-reduced world population, and human discovery would be unbound.

So it happened, that after the day Gottfried Leibniz died, a Venetian priest led Europe by the hand into bed with Isaac Newton, corrupting all of its future conceptions. Venice’s fight to beat back the 15^th century Renaissance is long, but only here do we find the clarity to make sense of modern civilization’s struggle against a monetary system which is currently gutting the U.S. of its last vestiges of creativity in economics and using its own agent as President for that goal, a clarity, which has otherwise been intentionally obscured by that monetary system itself.

All of this will be rendered transparent for you, the reader; and with the understanding gained here, there is no place for the enemies of our nation to hide, if citizens would merely point out facts unpleasant to their controllers and benefactors attempting to drive civilization further along its present dark age plunge.

Citizens of our republic, the authority by which you fight the consequences of today’s death of the global monetary system, lies in a tale, which these pages tell, of Leibniz’s war with Venice, one which characterized the issues still, and now determining the fight for civilization. And it with this authority, that the minds of our time can stand with confidence behind the actions which must be taken to advance mankind’s present condition toward its proper place in the universe, through a realization of the inner meaning of science and discovery.

Thus, let the veil be lifted, and the following dramatic tale unfolded, exposing the truth that the universe, and your mind, does not work the way the financial markets, and the global monetary system, would need it to work, in order to continue their political power..........

More:   http://www.larouchepac.com/node/13834 

Brits, Obama Say "No" To Europe Banning Credit Default Derivatives

March 11, 2010 (LPAC)—More is behind the meeting of President Obama, Greek Prime Minister Papandreou, and financial derivatives. After a March 9 meeting with Obama at which Papandreou claimed "a positive response" to Europeans' demands to ban speculators' credit default derivatives (CDS) on government debt, Obama said nothing, then appeared to snub Papandreou at a reception later yesterday evening. CDS are notorious from the AIG bail-out disaster. They are among the most toxic of the vast quadrillion-dollar mountain of financial derivatives contracts that helped put the world economy into its crash, all of which need to be wiped out under a "global Glass-Steagall" reorganization as proposed by Lyndon LaRouche.

Now the Financial Times Deutschland (FTD) has been told that four European heads of government — Papandreou, German Chancellor Merkel, French President Sarkozy, and Luxemburg Prime Minister Juncker — have already written the head of the European Union demanding an investigation of CDS-selling financial firms and a Europe-wide ban on the CDS.

But Her Majesty's Britain is opposed, says the FTD. Behind it, the Rothschild Inter-Alpha Group banks are opposed. And so, the Wall Street Journal reports today that the Obama Administration is opposed. The Journal got zero response to the Europeans' proposed action from the SEC, Treasury, or Federal Reserve; but it was told, by an unnamed "administration official," that the White House's so-called financial regulatory reform was sufficient on Papandreou's subject. That "reform," and the Rep. Barney Frank bill that passed the House, merely call for some derivatives to be reported through a clearinghouse, with plenty of exceptions and loopholes.

The European heads of government letter to EU President Manuel Barroso, reportedly speaks of banning those CDS which are bought and sold as "bets" on the default of bonds, by speculative firms which have no interest in the underlying bonds themselves. These are being called speculative or "naked" CDS. But they are roughly 90% of all $40 trillion of CDS, according to expert authorities on these markets. The whole huge, rotten shebang is basically debt speculating on debt, and investing in nothing.

The FTD reports the British reaction to the urgently needed ban on CDS was "step on the brakes! The British Financial Services Agency warned against hasty steps against naked CDS sales." FSA chief Lord Adair Turner of the fascist Bank for International Settlements insisted "CDS sales are 'not the main cause'" of the sovereign debt crisis, so let them be.

THE TRIPLE CURVE.

The Battle for a Science of Economy

By Michael Kirsch  December 24, 2009

http://www.larouchepac.com/node/13834

The Enemy Headquarters is Focussed on Only One Thing: What LaRouche Will do on Saturday

March 11,2010 (LPAC)—They would be fiercely focussed on that in any case, given the process by which LaRouche has assumed overwhelming authority during the course of recent decades, and more especially since July 25, 2007, and more especially since his command decisions on Obama's impeachment, and then his decision to explode the bankrupt Inter-Alpha Group of the Rothschilds, the headquarters staff of the British empire. But now, given LaRouche's dramatic preview of his webcast which he gave last Tuesday night, that intense focus of attention will have been heightened still more, to an extraordinarily feverish level.

There have been times when LaRouche has refused even to hint at what he was to say in a forthcoming webcast, lest his ideas be vulgarized before he could utter them. This time, he has laid it out vividly and fearsomely. (Or, at least, he has apparently laid it out; major surprises should still be expected.) One is reminded at first of the use of poison gas in World War I: a characteristic tactic was to pre-announce that gas would be used, because the fear-reaction of the enemy troops would increase their rate of respiration and the effectiveness of the gas.

More generally, this is a basic tool of military strategy: before you can execute a successful flanking maneuver against the enemy, you must first get his undivided attention. Or in other words, as one American general put it, "Hold him by the nose and kick him in the ass!"

In an earlier parallel discussion on Tuesday, LaRouche situated Saturday's webcast as a kind of revisiting of his historic July 25, 2007 webcast, almost exactly two years later. Today, as then, we stand on the precipice of a massive phase-shift; in this case, "we are at the end of this international monetary-financial system," as LaRouche said Tuesday. "It's finished." If LaRouche's HBPA had been enacted in Fall 2007, we would now be on the way out of the crisis. Instead, the system was rapidly crushed under about $23 trillion of phony bail-out debt. Now, that entire system is doomed over the coming weeks; only a global Glass-Steagall reform, erasing all that and like worthless debt, could enable human civilization to survive intact.

This will bankrupt the Rothschilds and related dirty-money interests, he said. They will scream, "Our money! Our money!" But it was all stolen, and we will wipe it all out as trash. We will organize an international credit system for international reconstruction. Some will complain that this is a "drastic" solution, but it is the only solution. The alternative is hyperinflationary disintegration. Do you want to save your ass, or not? Or, more or less as the Bible asked, do you want to remove the diseased organ, or let the whole body die?

http://www.larouchepac.com/

Desperate Times, Desperate Measures !

March 9, 2010 (LPAC)-- It is not every day that spokesmen of the British Empire and its Rothschild-linked Inter-Alpha Group come out and openly broadcast their fear of defeat. But that is what the City of London's Financial Times" did, in an editorial which concludes: "Desperate times need desperate measures. The times are not over. Nor, therefore, are the measures."

They said this regarding their frenetic call to keep worthless liquidity spewing out of the world's central banks at hyperbolic rates. But it belies the far more profound issue, that their entire universe is crumbling around them, economically and politically.

First, their speculative bubble is disintegrating, willy-nilly. Second, Lyndon LaRouche exposed this bankruptcy and helped hasten their demise with his recent flanking attack on their "Santander Syndrome" and the related Brazil carry trade Ponzi scheme. Third, the American population is in the early stages of generalized revolt against everything they associate with incumbent policies and politicians—to wit, the Nazi Barack Obama and his Congressional lickspittles. And fourth, the LaRouche Youth Movement and LPAC are intersecting that rumbling mood of the times, to become its voice and conscience, as seen in the recent Kesha Rogers victory in Texas.

That victory is not only being widely reported inside the U.S. now, but has begun to spread abroad, including to Russian web sites. With LaRouche's webcast coming up this Saturday March 13 at 1 p.m., the next turn of the ratchet against the British Empire will be the central order of the day. Obama can, and must be removed from the White House in a matter of weeks.

No wonder the Financial Times fears these "desperate times."

Their universe may be crumbling, but ours, the real one, empathically is not. As Lyndon LaRouche noted in a recent e-mail response to a questioner:

"The universe is anti-entropic, but the anti-entropy of society is the responsibility of the human will. Since the day after FDR had died, the prevalent trend of policy-shaping of the U.S.A. in particular, and most of the world otherwise, has been entropic.

"For example, the replenishment of the basic economic infrastructure on which the progress of the entire economy depends has reached zero-level, and has been falling ever since."

That quality of willful anti-entropy identified by LaRouche, is the real message of the Rogers win in Texas. Sky Shields, a member of LaRouche's "Basement" research team, addresses that broader subject in a memo, "Kesha Rogers' Victory Launches the Rebirth of a Mars Colonization Policy!"—now available on the LPAC website— which begins:

"The recent election victory of Kesha Rogers in Texas's 22nd Congressional District represents a turning point in world history. The American voters have demonstrated their refusal to accept the policy of physical-economic austerity which Obama and his controllers have sought to impose through unconstitutional bank bailouts, a murderous health-care policy, and general inaction on the crucial issues of the existential crisis which now faces the American population and the world. Most notably, they have refused to accept Obama's recent, treasonous decision to scrap the last vestiges of our nation's manned presence in space. They have voted, instead, for a future — a future organized around the intensive physical economic progress that can only be brought about by the scientific advancements connected with an expansion of Man's presence in space.

THE FALL OF THE HOUSE OF WINDSOR

THE DEATH OF THE BRUTISH EMPIRE.

 

"The opportunity created by this victory puts on the table the urgent questions of accomplishing this economic development of the Solar System: the first steps of lunar industrialization, and successfully undertaking a manned mission to Mars. Connected with this mission is the task of finally establishing a very different conception of the organization of the Solar System and beyond. Specifically, the planned presence of human beings in locations very far from the surface of our Earth will require the development a much more in-depth understanding of the action of cosmic and other forms of radiation on and within living systems. Not only will this expanded view of the role of energetic phenomena in living matter make extended stays off-planet possible, it also promises to revolutionize medical technology here on Earth, as well as provide a deeper understanding of the nature of living processes, evolution, and morphogenesis than would ever be possible under the existing policy of atomization and under-funding of such scientific investigations.

"One major problem to be tackled will be the question of producing the types of artificial environment required for mankind to leave its 'womb' here on Earth. What from the biosphere will we need to carry with us? What will be the role of electromagnetic phenomena and cosmic radiation in that environment? It will perhaps be advisable to simulate Earth's gravitational environment by accelerating ships through inter-planetary space at one Earth gravity (1-G), but this will be the first time such a willful act of constant acceleration has occurred anywhere in the universe. It will represent the first artificial creation of a sustained gravitational field which, if maintained for long periods, will quickly result in relativistic velocities. What will be the effect of this sort of travel on a manned crew? What will be its effect on the physical universe more generally? These questions lead us to further unexplored aspects of the biosphere immediately surrounding us, before leading us deep into man's future in interstellar space."

A Perfect Storm for Mass Starvation in 2010 Is Developing

March 5, 2010 (LPAC)—Reports from around the world indicate that large populations in the developing nations could be under threat of mass starvation in 2010. FAO chief Jacques Diouf told Voice Of America on March 3 that a food crisis is looming. Conditions in the world's grain markets today are similar to those during the food price crisis of 2007-2008, Diouf said. Riots broke out in Kenya and more than 30 other countries in 2007 and 2008 because people could not afford to buy food.

Already, violence has been reported in North Korea, due to food shortages. Efforts to feed starving North Koreans are being hit by dwindling donations, the World Food Program (WFP) said on March 4, as reports of a deadly clash between troops and workers trying to loot a food train that came in from North Korea. According to Lena Savelli, a spokeswoman for the WFP, two million people — only one third of the 6.2 million originally targeted in North Korea who should have been receiving aid, were actually getting food aid, and even then, they were receiving only incomplete rations of fortified foods. "The country is soon to enter the critical 'lean season,' when food stocks from last year's harvest run low. In certain parts of North Korea, particularly in the northeast, high levels of malnutrition are anticipated."

The WFP said this week that the agency will discontinue all food aid to North Korea in July, if they don't start getting sufficient donations.

UN experts say that record high energy prices, growing demand for bio-fuels, low grain reserves, and bad weather in producing countries, helped push up prices beginning in 2007. Food prices remain high in many developing countries. Diouf says the threat of another global price hike persists. Energy prices have not fallen to pre-crisis levels, and crops are still being diverted for bio-fuels. In fact, he says, except for larger grain reserves, not much has changed since 2007. Diouf also pointed out that many nations are still not investing enough in agriculture.

One other ominous signal is the report of U.S. exports of agricultural-related machinery. These exports totaled slightly less than $8 billion in 2009, a 23-percent drop from the previous year, according to the Association of Equipment Manufacturers (AEM). The AEM trade group consolidates U.S. Commerce Department data for off-road equipment, with other sources, into quarterly export trend reports. U.S. farm equipment exports to Europe show a 42-percent drop for 2009, while exports to South America declined 31 percent, and Central America declined 20-percent. Asia as a whole shows a 19-percent decrease, while Africa's farm equipment export purchases registered a drop of 25 percent.

More: http://www.larouchepac.com/greenfascism

Rosa Luxemburg and LaRouche's Triple Curve.

The origins of LaRouche's famous triple curve go back to his 1970's study of the work of Rosa Luxemburg. This non-academic approach to econ is crucial to understanding the current breakdown crisis.

 Rosa Luxemburg and LaRouche's Triple Curve

A Glass-Steagall for Europe: Outlaw Currency Speculation

by Helga Zepp-LaRouche

 

March 4, 2010 (LPAC)—Imagine the scene: A bank director invites a gang of bandits in, and gives them the keys and security codes to the bank's branches. The bandits proceed to rob those branches. The bank director then demands that the customers on the receiving end not only accept the losses and pay damages to the bank, but also pay for the bandits' expenses, while he himself continues to give them tips on how to bet on the likely insolvency of those customers and, in expectation of their premature death, how to make a profit on their life insurance.

Those who invited hedge funds into Germany in 2004, and who are now passively watching those same funds speculate not only against Greece, but on the collapse of the euro, while demanding that the taxpayers cover the losses, and that the citizens tighten their belts, have a striking similarity to that bank director. Germany has truly fallen prey to the bandits.

In order to prevent a chaotic collapse of the euro, with catastrophic consequences for the real economy and living standards, governments in Europe must immediately implement a Glass-Steagall standard, i.e., set up a strict firewall between commercial banks and investment banks. Speculation by financial holding companies, hedge funds, private equity funds, etc., must be totally separated from the savings and lending activities of commercial banks. Should financial institutions engaged in high-risk operations make the wrong bets, they will have to face the music themselves. Taxpayers should no longer be expected to cover the debts of professional gamblers.

Should it prove impossible to establish fixed exchange rates in the short term, we will have to penalize currency speculation immediately. It is unacceptable to have "all-star" managers of the largest hedge funds decide, over a private dinner in Manhattan, to speculate on a collapse of the euro down to a 1:1 parity with the dollar, which would slash, by a quarter or a third, the economic wealth of those people who have the misfortune of living in the Eurozone.

The Federal government is urgently called upon to protect the German people from harm—as their oath of office states—by introducing the Glass-Steagall standard and by prohibiting currency speculation. If Chancellor Merkel, who has apparently noticed for the first time that the euro is in a difficult situation, is really concerned with ensuring a sustainable budget, this is the problem to be eradicated.

THE TRIPLE CURVE

More: http://www.larouchepac.com/node/13754

Unlike Mathematicians, the Universe Is Creative

March 4, 2010 (LPAC)-- On Saturday February 27, The LaRouche Show featured a gripping discussion of human creativity and universal anti-entropy versus the oligarchical impositions on science most recently associated with the so-called Second Law of Thermodynamics. The show was hosted by Harley Schlanger and featured Phil Rubinstein and Bruce Director, on "Unlike Mathematicians, the Universe Is Creative." This conversation will be the beginning of the end of the so-called Second Law of Thermodynamics.

MP3 DOWNLOAD: THE LAROUCHE SHOW, FEBRUARY 27, 2010

Or listen to to show on player at upper left

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