by Lyndon H. LaRouche, Jr.
Speaking from Washington, D.C., in an Oct. 1 webcast, Lyndon LaRouche said that the world is entering into a period of danger comparable only to the collapse into the 14th-Century New Dark Age in Europe. He pointed out that on July 25, 2007, he had said that we were at the beginning of this collapse and disintegration of the entire international monetary-financial system, and had advanced proposals for dealing with the crisis, but these plans were not implemented. The attempted bailout of the already dead monetary system, which is now being forced on the country, will lead to hyperinflation. While there are no remedies for Wall Street, he stated, there are remedies for the nation, if we go back to what he proposed a year ago. He further warned that the White House has troops in position, ready to crush any opposition to the hyperinflationary bailout of Wall Street.
by Jeffrey Steinberg
During his Oct. 1 webcast, Lyndon LaRouche said that there is a clear indication that “a desperate Bush Administration, and what it’s tied to internationally,” is prepared to turn the U.S. military against the American people, to force through the Paulson plan and future bailout plans.
by John Hoefle
The bailout bill passed by Congress will give billions of dollars—and eventually trillions of dollars—to the same global financial networks which have destroyed the industrial and productive capacity of the U.S. economy.
by Helga Zepp-LaRouche
Helga Zepp-LaRouche writes that the European Union bureaucracy was designed to eliminate the sovereignty of European nations, but under the present conditions of collapse, national interests are coming to the fore.
by Andrew Spannaus
Lyndon LaRouche heartily endorsed House Resolution 1452, “Establishing the Select Committee on Financial Bailouts.” LaRouche dubbed the committee a new “Pecora Commission,” after that mandated in March 1932, to investigate the causes of the 1929 financial crash.
by Lyndon H. LaRouche, Jr.
Lyndon LaRouche addressed a group of foreign diplomats on Oct. 2, and emphasized the special importance of developing U.S.-Russian cooperation for the establishment of a new international credit system, modeled on Franklin D. Roosevelt’s original 1944 Bretton Woods System of fixed exchange rates.
by Ramtanu Maitra
An interview with Prof. Sam Aluko.
Professor Aluko of Nigeria is a retired economics professor who taught at several universities, and subsequently became chairman of the Nigerian Economic Intelligence Committee (1994-99), which advised the government.