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The System Is Finished: Build Infrastructure!
by Nancy Spannaus

As of this writing, the cat is out of the bag. The world has entered a full-blown banking crisis, and the overwhelmed central bankers are pouring out hundreds of billions of dollars in the vain hope of stanching the bleeding. Even more worrying, the U.S. President, the Congress, and a host of other influentials are showing utter incompetence, and in some cases are proceeding to accelerate the catastrophe through proposed currency warfare against China, and other nonsense.
It's time to get serious. For decades, Lyndon LaRouche has been forecasting precisely this result, should the world financial authorities continue to pursue the logic of their anti-Roosevelt policies, begun at the moment of FDR's death. And he has been right. More immediately, it was less than one month ago, at his international webcast, on July 25, that LaRouche told the world that the process of world financial breakdown was already, unstoppably, under way. The speed of that disintegration, as documented below, has been breathtaking. Can any sane person now doubt he was right?...

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The Anatomy of Russian Capitalism, by Stanislav M. Menshikov
March 23, 2007
—EIR News Service announced the publication of
The Anatomy of Russian Capitalism,
by Professor Stanislav M. Menshikov.

Translated from the Russian by Rachel Douglas, the book is an authoritative study of the Russian economy during the first 15 years after the break-up of the Soviet Union. The Preface, by EIR founder and contributing editor Lyndon LaRouche, titled, "Russia's Next Step," poses the need for U.S. policy-makers to study and grasp the "disease" presented in this book, since it represents "an economic global pandemic which we must all join to defeat."

Feature

The System Is Finished: Build Infrastructure!
The only competent plan that has been put forward to deal with the ongoing financial blowout is that of Lyndon LaRouche, who calls for creating a new global monetary system by carrying out the necessary bankruptcy reorganization, and putting into place an FDR-style program of directing credit toward massive infrastructure-building.

A Table of Organization for U.S. Economic Recovery

The Economic Recovery Act of 2007
Draft legislation being circulated to Congress by the LaRouche Political Action Committee (LPAC).

The Scope of the U.S. Infrastructure Deficit

Build Rail, Maglev for Fast, Safe Transport

Brooklyn Bridge: Built for the Ages

If Rohatyn Is In It, It's No Damn Good
Synarchist banker Felix Rohatyn has consistently acted to subvert the foundations of national economies, and his proposal for a 'National Infrastructure Bank Act of 2007' is basically a national version of the Big MAC program that raped New York City in the 1970s.


Economics

Panic Is in the Air as Financial System Implodes
When a financial commentator says that 'Armageddon' is here, it is indicative of the fear of the financiers and bankers, as they begin to realize that their system is disappearing. The issue is not 'credit,' but debt, and the games that have been played to hide the way debt has been used to paper over an economy—and a banking system—which is already bankrupt.

Three Gorges Dam Passes First Major Test With Flying Colors

A Challenge to the British System: Why Canada Needs the Bering Strait Tunnel
The work of Canada's 19th-Century 'Prophet of Progress,' Thomas C. Keefer, shows the direction in which the nation must move today.


International

Unprecedented Progress in Eurasian Cooperation
From Southeast Asia, to the Koreas, to Vladivostok in Russia, steps are being taken to firm up Eurasian relations. The leading roles of Russia and China are particularly prominent.

Great Promise for a World in Danger
Helga Zepp-LaRouche gives a strategic briefing to collaborators in Mexico.

France: Nuclear Energy or Financial Power

Young Arab Musicians Celebrate Schumann


National

To Make Mideast Peace, Dump Dick Cheney Now
The Cheney forces are beating the drums louder for military strikes against Iran, as President Bush picks up their rhetoric. Analysts fear that the Administration will stage an incident that could trigger such an attack, a 'Gulf of Tonkin II.'

'Gulf of Tonkin' Is Model for Cheney's War

Bush Signs Spy Bill in Spirit of Hitler's Third Reich

Dangers of a Cornered George Bush
An assessment of the President
by psychiatrist Dr. Justin Frank and the Veteran Intelligence Professionals for Sanity (VIPS).

Confronted with more defeats and reversals, Bush might now undertake even more reckless military adventures, they conclude.

Arnie's Fascist Budget Hits Poor, Children


Investigation

Vast Right-Wing Conspiracy At It Again, With a New Twist
Hillary Clinton, as First Lady, blasted the 'vast right-wing conspiracy' against her husband. The core of that conspiracy, including notably the networks of Richard Mellon Scaife, is now reactivated, preparing slanders and dirty tricks against Senator Clinton, Lyndon LaRouche, and perhaps others.


Editorial

It's Only Paper!


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