Retired Indian Ambassador Cites LaRouche vs. Brutish

May 12, 2010 (LPAC)—A prominent retired Indian ambassador, K. Gajendra Singh, has published a lengthy article on the European debt crisis, prominently quoting from Lyndon LaRouche's May 10 statement, "The Brutish Bastards Are At It Again." Under the appropriate headline, "The Mother of All Economic and Social Crisis," Ambassador Singh described the global financial meltdown as the result of the world financial system being turned into one vast casino. When he addressed the onrushing European sovereign debt blowout, he wrote:

"The austerity plans and the bailout packet for Greece which have adversely dented the ruling coalition of Chancellor Angela Merkel's party in the just concluded regional elections in Germany, because Berlin has to foot the bill, would spread around Europe and beyond. It believed that the debt of five EU members Portugal, Ireland, Greece and Spain (PIGS) totals around $3.9 trillion. Britain's debt is larger than any one of them.

"Well-known US economist and political activist Lyndon H. LaRouche, Jr. voiced strong condemnation that the British swine have once again imposed a 1923-style hyperinflationary collapse on modern Germany, with the trillions-dollar bailout scheme imposed on the Euro zone this past weekend. Only the immediate enactment of a Glass-Steagall law could prevent the United States itself from falling into the same fate now destined for continental European victims such as, above all other targets for total destruction, the Federal Republic of Germany."

Ambassador Singh's article appeared on the Internet magazine website, Media with Conscience. Other regular columnists for the site include Francis Boyle, Greg Palast and Uri Avnery. The article was prominently featured on Google News Alerts on Glass Steagall—along with a half-dozen recent statements by Lyndon LaRouche and EIR coverage.