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Volume 37, Number 48, December 10, 2010

By Nancy Spannaus. Hamilton’s genius in economics showed itself early on, but reached full maturity in his three famous Reports to Congress, in which he asserted that the chief driver for economic development was the inventiveness, or power of the human mind, expressed through the increase in the use of “artificial labor” (i.e., machinery), and was enhanced by the development of infrastructure. These ideas, which stood in sharp contrast to the bestial “free-trade” ideas of Adam Smith, were informed by the political-economic ideas of Gottfried Leibniz. Faced with British determination to suppress any such development, the Founders knew they had to establish institutions that would support such independence and economic growth. The result was the U.S. Constitution.
Economics
On Dec. 1, the Fed was finally forced to release some of the records of its secret, taxpayerfinanced bailout of Wall Street banks and wealthy individuals over that period. But, the real surprise was that the secret bailout had not been aimed primarily at Wall Street at all, but at foreign banks.
In this reprint from The New Federalist of Jan. 9, 1995, Paul Gallagher draws the parallel between the historic ceasefire between Northern Ireland and their British overseers, reached in August 1994, and the events of 1920-21, when the Irish nationalist movement led by Sinn Féin, and backed by the U.S.A., forced the British Crown to cease military operations, and sign a treaty.
Henry Carey on the British Empire’s
Enslavement of the Irish People
An excerpt from American System economist Henry C. Carey’s 1853 The Slave Trade, Domestic and Foreign: Why It Exists and How It Can Be Extinguished, Chapter XIII, “How Slavery Grows in Ireland and Scotland.”
International
by Lyndon H. LaRouche, Jr. Every war the United States has ever been obliged to fight has been the fruit of the imperial policy of reign-and-ruin by the British Empire. The current British rape of Ireland is nothing but a naked reflection of the potential fatal error of subjecting the economies of nations to the syphilis known as monetarism.
Obama Signs on to Britain’s Plan
for Indefinite Stay in Afghanistan
President Obama’s designed-in-London Afghan policies dovetail precisely with those of Britain’s Af-Pak Ambassador, Sherard Cowper-Coles, who has called for a U.K. presence there for 30 years.
Eyewitness Report:
LaRouche’s Ideas Are
Warmly Welcomed in Embattled China
Greening the Desert in Northern China
Duke of York & ‘9-11’:
Some Things Just Leak Out
By Lyndon H. LaRouche, Jr.
Documentation:
Who Is Andrew, Duke of York, Anyway?
Prince Bandar and 9/11
National
Obama Takes His Revenge
on Veteran Rep. Charlie Rangel
The shameful and unjust censure of the Korean war hero, and 40- year veteran of the House of Representatives, facilitated by Obama’s handmaiden Pelosi, was political pay-back for Rangel’s support for Hillary Clinton in the 2008 Presidential campaign.
Rep. Peter King:
The Severe Penalty Is Not Warranted
Rep. G.K. Butterfield:
No Evidence of Corrupt Conduct
Rep. Charles Rangel:
‘I Am Going To Be Judged by My Life’
A LaRouchePAC release of Dec. 3, titled, “The Mighty Wurlitzer Implodes: British Legal Attacks Against Lyndon LaRouche Exposed as Frauds.”
Editorial
Get on the NAWAPA Bandwagon!
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