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April 9, 2011 The fateful moment in modern history now approaches. It will come, one way or the other, soon. The world has now come to the present, frazzled fag-end of Lord Jacob Rothschild's 1971 Inter-Alpha Group (of global banking notoriety). This defines, a situation which now closes in upon the greater part of the nations of the trans-Atlantic denomination. Thus, the British world empire itself, which lackey Lord Rothschild's concoctions now represent, has reached the point of rotten-ripe maturity, a point at which that set of what have already been classed, variously, in intention and effect, as those ``bad banks'' which are merely typified by the so-called ``BRIC,'' ``Euro,'' and U.S. Federal Reserve System, are each and all now past the putrid point of ripeness at which they are coming quickly into the condition that they were to be either fundamentally reformed to conform to a Glass-Steagall standard, or they will be hopelessly doomed to an early, rotting end.
As for the needed reforms themselves: unless the U.S. Glass-Steagall law of 1933 is re-introduced for the purpose of preventing such a presently menacing catastrophe, this breakdown would occur either by methods akin to the process which the Franco-British cabal used for the creation of the 1923 hyper-inflationary crash of the Weimar Republic, or, it must be said once again, we are to be rescued, if at all, by nothing other than the only visible alternative to be seen at this time, the return to a 1933 Glass-Steagall law.... |
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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
- All of the 'Bad Banks' Are Now Doomed!
Playing the Great End-Game
by Lyndon H. LaRouche, Jr.
The fag-end of Lord Jacob Rothschild's Inter-Alpha system of bankrupt banks has now arrived. This poses a clear choice: Either adopt LaRouche's proposal for a revived Glass-Steagall Act, to create a 'bad bank' in which all the trillions in toxic assets can be safely deposited, and get on with the happy task of rebuilding the world economy, with great projects like NAWAPA, and a ruturn to manned space flight, or, the alternative, which will really make no one happy: a New Dark Age like that of the 14th Century. Why would we not take the former path? Because, as LaRouche writes, we would be unwilling to give up our insane attachment to the Sarpian 'pleasure-pain' syndrome, including our continuing toleration of the mental case who presently occupies the White House.
- The LPAC Campaign Doctrine:
A U.S. National Strategy
It is past time to return to the principle of a credit system, as first established by the Massachusetts Bay Colony under the Winthrops and Mathers.
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