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June 21—In response to a direct challenge from LaRouche Democrat Rachel Brown, who is challenging him for the party's Congressional nomination in the Sept. 14 Massachusetts primary election, Rep. Barney Frank (D-Mass.) lied through his teeth. Brown has focussed her campaign on the reinstatement of the Glass-Steagall Act, the FDR-era law that created a wall of separation between the commercial and investment banks and insurance companies. Brown has also called for the impeachment of President Barack Obama, and for an expansion of the NASA manned space program, which President Obama has shut down.
Appearing together before the Brookline Democratic Club June 13, Brown accused Frank of being one of the engineers of the destruction of Glass-Steagall, and one of Wall Street's and London's key defenders on Capitol Hill.
In response to Brown, Barney blustered, like the slimy sophist he is, that he had voted against the repeal of Glass-Steagall, and that the ``financial reform'' bill now working its way through the House-Senate conference would be the strongest banking reform bill since the New Deal.... |
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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." |
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This Week's Cover
- To Restore Glass-Steagall:
Dump Barney Frank Now!
House Financial Services Committee chairman Barney Frank's lying and sophistry are being exposed by his opponent, LaRouche Democrat Rachel Brown, who has nailed Frank on his key role in the take-down of Glass-Steagall, on behalf of the Boston Brahmin bankers of the 'Vault,' and his sabotage of Lyndon LaRouche's Homeowners and Bank Protection Act. Brown faces Frank in the Massachusetts Democratic primary on Sept. 14.
Feature
- LaRouche to Paris Conference:
A Global Glass-Steagall as the Basis for Optimism
Lyndon LaRouche addressed the General Assembly in Paris of Solidarité et Progrès, the French political party led by longtime LaRouche associate Jacques Cheminade, on June 13, via electronic hookup. The great mistake, LaRouche said, in most political thinking about economy, is that people tend to think that history is driven by events. But significant events are generated by history, not history by events.
International
Economics
- Who Will Prevent 'Apocalypse' in Bankrupt Europe?
by Helga Zepp-LaRouche.
If the European governments continue to submit to the dictates of the EU, and if they keep increasing their sovereign debts with inflationary methods, just to save the gambling banks, and, at the same time, brutally cut the living standards of the poor and near-poor portions of the population, then an 'Apocalypse' will threaten us very soon, even as early as July 1.
- European Outcry for Glass-Steagall
- Ban, Don't 'Regulate,' Derivatives
Derivatives have never served any purpose other than as a mechanism by which a bankrupt financial system could pretend to be solvent. Derivatives are, in truth, the biggest pyramid scheme the world has ever seen—and one that has now collapsed.
- Economics in Brief
Science
- Isotopes and Life:
Considerations for Space Colonization
by Meghan K. Rouillard.
The science-driver policy of colonizing space, which Lyndon LaRouche has declared to be the indispensable mission for advancing mankind, will require many fundamental scientific breakthroughs— indeed, a decisive break from the empiricist so-called science of today. This paper, part of a series being produced by LaRouche's 'Basement Team,' addresses the question of the nature of isotopes from the standpoint of the issues raised in creating an environment on another planet.
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