This article appears in the November 15, 2024 issue of Executive Intelligence Review.
October 15, 2008
Grasping the Nature of British Imperialism Today
[Print version of this article]
Editor’s Note: EIR first published this article in Vol. 35, No. 42, October 24, 2008, pp. 11-12. It has been retitled and slightly edited.
In an October 2008 article published in Profile magazine entitled “Face to Face with America: Between Non-Confrontation and Convergence,” Russian Minister of Foreign Affairs Sergei Lavrov presented a clear offer for the United States to join in talks with Russia to deal with the world crisis. Lyndon LaRouche responded as follows below.
This statement by Lavrov is of crucial importance for every U.S. patriot seeking a present way out of the general breakdown crisis which has just been aggravated in the extreme by this weekend’s foolish decision of the George W. Bush, Jr. action in support of Alan Greenspan’s latest swindle, launched this week.
The essence of President Bush’s latest folly, is the failure of many U.S., and also European leaders, including some influential Russians, to grasp the essential nature of British imperialism today. The usual, childish mistake, is to presume that modern imperial systems, such as the world’s presently dominant empire, the Anglo-Dutch Liberal financier oligarchy, is located in any one nation. It is more in the character of a vast fungus, or slime mold, as expressed by the vast, quadrillions-dollars derivatives bubble, which is the root of the present global crisis. This derivatives bubble belongs to no nation, but preys upon all.
The center of the bubble is located in the only true imperial power of the world today, the Anglo-Dutch Liberal financier system and its auxiliaries. Entire nations, and their governments today, are merely satrapies of the world’s only true empire, the British derivatives-bubble empire, by which many governments, including the United Kingdom, are actually ruled. London is merely the principal public convenience of that world empire represented by the quadrillions-dollar derivatives bubble which former U.S. Federal Reserve Chairman Alan Greenspan did so much to create, that by methods of fraud for which Michael Milken was sent to prison.
That is the world’s enemy, the great blob of so-called “globalization” preying upon the world today. That is the British imperialism of today.
The remedy for our affliction with that globalized parasite lies in the design of the constitutional conception of national banking which our Treasury Secretary Alexander Hamilton adduced as the uniquely U.S. principled conception of national banking. It is through employing that U.S. principle of national banking as the cornerstone of a global credit system, to replace the world’s presently bankrupt monetary system by a fixed-exchange-rate credit system composed with the mutual consent of the majority of nations constituting the sovereign nations of the world.
Russia’s proffer of proposed cooperation with the U.S.A. in launching such a form of “New Bretton Woods” in the likeness of that presented in 1944 by U.S. President Franklin D. Roosevelt, would be the first practical step toward creation of a new world credit-system to replace the hopelessly bankrupt London-centered present system.
Given the present fact, that the United States and other nations are presently in a hopeless situation, for which the present U.S. government, and many others, have adopted no other remedies, only idiots in Washington, D.C. would not move to accept Russia’s offer of cooperation in building the needed new system of global economic cooperation—now!