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May 8, 2011—Unless the original Glass-Steagall Law of 1933 were re-enacted almost immediately, the general collapse of the U.S. financial system were imminent for some time during the remainder of this year, or even earlier. It would be a general collapse within the present trans-Atlantic system, with consequent effects which would, almost certainly, engulf the remainder of the planet's surface.
This presently calamitous trend under the Barack Obama Presidency, is expressed in accelerated rates of downward physical-economic effects, effects now moving toward collapse of the Federal states of the U.S.A., as, similarly, throughout the trans-Atlantic region generally. This emphasizes the presently aggravated quality of that continuing calamity, which was created in the form of its currently aggravated expression by the impact of the November 2, 2010 U.S. national election. This is the expression of what has been a trend, a trend which has brought those states of the republic, themselves, into a point of fragility, a point at which this nation now hovers at the brink of a chain-reaction-like state of a presently rapid worsening, and now chronically crumbling, physical form of economic breakdown, a breakdown with characteristics which waver in moment to moment emphasis, wavering between what are essentially matters of the internal U.S.A. crisis, and global kinds of disorientation. Such is the presently spreading state of affairs throughout the trans-Atlantic region of this planet.... |
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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
- At the Brink of Confusion:
When Governments Crumble
Lyndon LaRouche supplies his unique perspective, based on his outstanding achievements as a professional economic forecaster over much of his 88 years of life to date, to the existential threat to our planet and its human civilization. As he writes: Unless the original Glass-Steagall law of 1933 were re-enacted almost immediately, and the removal of Barack Obama from the Presidency of the United States accomplished, the general collapse of the U.S. financial system were imminent as soon as this year. 'There is, speaking practically, no actually efficient, present barrier to global disaster, without the chances for passage of U.S.A.'s H.R. 1489 [for revival of Glass-Steagall] legislation as the pathway for halting the presently accelerating breakdown-crisis of the entirety of the transAtlantic region—and, therefore, beyond.'
Feature
- A New Definition of Mankind:
Taking Charge of the Solar System and the Galaxy
Basement researchers Cody Jones and Sky Shields join Lyndon LaRouche May 11 on the LPAC Weekly Report, for a discussion that centered on what is unique about our human species, as distinct from all other life forms today, and in the history of our planet. That distinction, man's creativity, is what now has to be universally nurtured and developed, such that we will avoid the fate of nearly all previous Earthly species: extinction. The first step is to abandon the idea that we are limited by what we can know through sense-perception, and to recognize that 'the human mind is not a product of a mere brain, nor of senseperception, but is actually a product of what we might call cosmic radiation, a peculiar feature of cosmic radiation, which gives man a special power that no other known living species has,' as LaRouche explains.
Economics
- Mississippi Flood Disaster Reveals Epic Policy Fiasco
The worsening flood destruction along the Mississippi River, mitigated by the actions of the U.S. Army Corps of Engineers, shows— not the wrath of nature, which is fierce—but the policy failure of recent decades, up through and including the Obama Administration's pretense of concern, token aid, or outright denial of Federal relief, i.e., the 'Haiti treatment,' to millions of people throughout the flood zone.
National
- In NerObama Land:
All Circus, No Bread
Sources close to the Administration freely admit that the President Obama's energy is totally focused on his reelection, and that all policy decisions are being made on the basis of what will best serve that fixation. The Billion-Dollar Man has all-but abandoned the day-to-day work of the Presidency to the likes of Valerie Jarrett, as he races from coast to coast for behindcloseddoors sessions with big bucks donors.
- Fed Up with Obama, Mitchell Resigns
Development
- North Africa: Making the Sahara Bloom:
The Blue Revolution
The edited transcript of a Schiller Institute video. The 'Arab Spring,' which has swept Northern Africa and Southwest Asia, now poses the opportunity to replace the murderous imperial financial policies of the IMF et al. with great development projects, such as nuclear power development and desalination to green the deserts.
- Interview:
Kamal Ali Mohammed
Sudan Irrigation Minister: Build Infrastructure, Use Water Resources
Science
- The Importance of NAWAPA for Geophysical Research
'Our planet is an integral part of the Solar System. As such, it shows clear resonances with processes in the Sun, and with other planets. The whole system is also part of a galactic system, along with the Crab Nebula, which itself is part of a greater local group of intergalactic spacetime, which includes over 30 galaxies, and beyond that, supergroups and superclusters. What is emerging from the research into earthquake precursors, and correspondences with other phenomena of our galaxy, is a scientific revolution,' writes Peter Martinson, of the LaRouche Basement Team.
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