By Lyndon H. LaRouche, Jr. The existing world monetary-financial system is in the end-phase of a disintegration into a breakdown-crisis. Only a replacement of that useless monetary system by a credit-system in the image of U.S. Treasury Secretary Alexander Hamilton's design could prevent the plunge of the entire world into a prolonged dark age comparable to that of Fourteenth-Century Europe, but far worse in depth and duration.
Lyndon H. LaRouche, Jr. addressed a private meeting in Washington Nov. 11, in which he declared that, "This system is doomed in its present form. And there is no minor reform, there's no monetary reform that could save this system." What's needed now, LaRouche said, is to establish a Constitutional credit system, to replace the bankrupt money system. xxFeature
By Lyndon H. LaRouche, Jr. "I had always insisted on locating the reality of experienced knowledge in the process of generating a conception, rather than in what usually seemed to pass among others, for the simple `bottom line' on the relevant topic," LaRouche writes. "Reality is not where one had been dumped by a trolleycar conductor at the end of a line; it lies within the process by means of which you, for example, might have discovered the meaning of that way which leads toward that destination."
President Bush praises free trade and decries big government, while presiding over the corporatization of large swaths of the economy. Treasury Secretary Henry Paulson is on his third bailout plan, as his master plans fall apart even before they can be implemented. And British Prime Minister Gordon Brown is doing all he can to implement a global bankers' dictatorship.
This proposed legislation was issued by LaRouche's 1992 Presidential campaign, LaRouche for President: Independents for Economic Recovery.
Israel: Renewed Peace Effort
or Another Assassination?
The upcoming elections could be a real turning point, where Israel could either move to peace with its neighbors, through embracing the Arab Peace Initiative, or it could continue on a path which would inevitably lead to more war. Concretely, the danger is an election victory by Benjamin Netanyahu, chairman of the Likud Party.
Science & Technology
The Nuclear Power Revolution:
Modular High-Temperature Reactors
Can Change The World
The fourth-generation modular high-temperature reactors (HTRs) are meltdown-proof, affordable, mass-producible, quick to construct, and suitable for use in industrializing the developing sector. The key to these new reactors is in their unique fuel: Each tiny fuel particle has its own "containment building."
The Modular HTR: `Its Time Has Come'
An interview with Linden Blue.
South Africa's PBMR Is Moving Forward!
An interview with Jaco Kriek.
The vice chairman of General Atomics in San Diego, Linden Blue is responsible for the development of the advanced gas-turbine modular helium reactor (GTMHR). General Atomics has been involved with the development of HTRs for more than 50 years.
Mr. Kriek is CEO of the Pebble Bed Modular Reactor (Pty) Ltd. in South Africa.
Sovereignty at Stake In Congo Crisis.