Global Dynamic Moving Against British Interests

May 29, 2010 (LPAC)—We are now in a new, hot phase of the mass-strike process here in the United States, as Congress has gone into recess and the vast majority of Congressmen and Senators are back in their districts for the next ten days. If they want to run, they cannot hide, as the Memorial Day weekend is the kickoff for all of their re-election efforts. Obama's continuing treason—his slavish coverup for British Petroleum and his outright refusal to mobilize all the necessary resources to deal with this absolute catastrophe in the Gulf of Mexico; his criminal drive to shut down the NASA manned space program, in violation of a law that he signed in 2009, barring any shutdown of Constellation in 2010; and his personal hand in killing the restoration of Glass Steagall and the banning of derivatives—has driven the American people to new heights of hatred. The mood in the country is for impeachment now.

We have got to intensify our efforts, to take charge of this new phase in the mass-strike dynamic. This weekend is key. As Lyndon LaRouche emphasized on Thursday, we are out to make a new American Revolution, to restore our Constitutional Republic, which has been destroyed by the antics of that British agent, Barack Obama, who, for the moment, still occupies the Oval Office. Where we have conveyed this message sharply, the American people have responded with enthusiastic support.

Spanish Debt Bomb Blows Up in London's Face

Precisely as Lyndon LaRouche warned six months ago, the Greek debt crisis was always a diversion from the much larger issue of the bankruptcy of the entire British monetary system. And LaRouche made clear that the break point, for Europe, would be the explosion of the Spanish debt crisis, which hits directly at the Inter-Alpha Group through Santander and the Royal Bank of Scotland. The Spanish debt bubble has now detonated, as reflected in a just-concluded IMF delegation report on its visit, earlier this week, to Spain: "The challenges are severe: A dysfunctional labor market, the deflating property bubble, a large fiscal deficit, heavy private sector and external indebtedness, anemic productivity growth, weak competitiveness, and a banking sector with pockets of weakness." After the Bank of Spain moved in to seize a regional savings bank and to merge four other banks on the verge of collapse, Fitch Ratings yesterday lowered the credit rating of Spain's sovereign debt.

The Spanish debt crisis is going to hit all of Europe, and the British pound in particular. LaRouche noted yesterday that this will make the British all the more frantic, and when they get frantic, the British puppet Obama goes berserk. Things are going to heat up very rapidly now, as Obama is already in a full "CYA" (cover your ass) mode.

After his failed effort to calm the explosive reactions to his stubborn refusal to deal with the British Petroleum disaster in the Gulf of Mexico at his Thursday press conference, Obama jumped deeper into the hole on Friday, by doing a three-hour visit to the disaster area, where he lied through his teeth, that he had done everything humanly possible to deal with the crisis. More and more Democrats are jumping all over Obama for his total failure. James Carville is doing round-the-clock TV interviews, blasting Obama; Sen. Mary Landreau has joined in the chorus, attacking the President's inaction. This is "Obama's Katrina," as even some of the media is now reporting.

The hatred of Obama is growing in intensity. The defense of British Petroleum by Obama has been a catalyst, but the key, as LaRouche emphasized on Friday, is the issue of dynamics. The mass-strike dynamic is moving globally against British interests. This is exactly what LaRouche has been saying, for the past year. The mass-strike process has gone through a maturation since August 2009, when the Congressional town hall meetings blew up over the population's hatred of the Obama Nazi health care, the Wall Street bailout, and his and the Congress's callous disregard for the plight of the growing army of unemployed and underemployed.

This mass-strike process has never abated or stagnated. It has advanced, and as the intensity has risen, there have been successive qualitative steps. LaRouche described it as like a wave function. The process has been under way since August 2009. We have clearly now entered a new phase. One key characteristic of the current phase is that, in the eyes of the vast majority of the American people, everything that President Obama does turns immediately to shit.

In Europe as well, there were some dramatic developments in the past 24 hours, beyond the Spanish debt crisis. The French State Secretary for European Affairs, Pierre Lellouche, declared that the Eur 440 billion EU bailout is a clear violation of the Lisbon Treaty. He said it was tantamount to the clause in the NATO Charter that obliged all NATO member states to come to the aid of any other state under attack. This Lellouche statement will play back into Germany, where the five professors have their suit at the Constitutional Court, charging that the bailout is a violation of the original Maastricht Treaty. Also, in Germany, this week, the leading business weekly magazine Wirtschaftswoche published a lead story on how easy it would be for Germany to leave the European Monetary Union and return to the deutschmark. Other leading German publications, including Focus magazine and the Frankfurter Allgemeine Zeitung, have said much the same. This is a dramatic shift in the European dynamic, which was also reflected on Thursday in demonstrations all across France, protesting pension cuts.

In this fast-moving mass-strike situation, LaRouche's unique leadership is the single, indispensable factor, that will determine whether humanity survives and prospers, or collapses into a horrific new dark age.