.Executive Intelligence Review Online
2013:
The Year of Glass-Steagall

Jan. 10—As 2013 begins, humanity faces the worst economic breakdown crisis that the planet has seen since the 14th-Century New Dark Age. The mega-bailouts of the predatory banks and of the international speculative financial bubble, which began in earnest in 2008, and continue in crescendo up to the present, have only unleashed a hyperinflationary explosion in the entire trans-Atlantic sector, along with cutbacks and austerity imposed in Europe by the hated Troika, which are extinguishing the very existence of nations—as is seen clearly and painfully in the cases of Greece, Portugal, Spain, and others. If not stopped, these policies will only worsen the crisis, bringing Greek-like conditions to the United States and elsewhere. All sensible and moral people admit that the current policies are a disaster, and that we cannot continue along the current path. But almost no one has any idea of the solution, of a rigorous program to solve the problem at its root. In this anguishing situation, a growing international movement has fortunately emerged in favor of the adoption in all countries of the GlassSteagall law, which President Franklin D. Roosevelt established in the United States in 1933, and which imposes an absolute separation between commercial banking, which issues productive loans, and investment banking, which speculates with private and public funds alike. Initiated by American economist and statesman Lyndon LaRouche, the international calls for Glass-Steagall have spread from the United States, to Russia, to the United Kingdom, to the majority of countries of continental Europe, and to numerous nations in the developing sector...
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  • 2013:
    The Year of Glass-Steagall

    A growing international movement has emerged in favor of the adoption in all countries of the GlassSteagall law, which President Franklin D. Roosevelt established in the United States in 1933, and which imposes a separation between commercial and investment banking. Initiated by Lyndon LaRouche, the international calls for Glass-Steagall have spread from the United States, to Russia, to the United Kingdom, to the majority of countries of continental Europe, and to numerous nations in the developing sector.

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