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Published: Tuesday, Nov. 21, 2006
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Volume 5, Issue Number 47
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This Week You Need To Know:
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November 10, 2006
The saying goes: "Do not speak of the rope in the house of the hanged."
It might also be said: "Do not speak of the onrushing, global, financial breakdown in the presence of members of the Houses of Congress."
Nevertheless, the time has come to speak, urgently, of what had been often treated, until now, as unspeakable truths.
Now, the most recent equivalent of the 1929 "Hoover Crash" had already occurred nearly two decades ago, as the October 1987 Wall Street stock-market crash.
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The doses of hyperinflationary floods of financial derivatives' bubbling, under the predatory reign of Federal Reserve Chairman Alan Greenspan, as combined with the gains from picking the bones of the former Soviet bloc chicken, put off both the official and popular reckoning with the financial reality of the 1987 crash, but only temporarily. Greenspan's reign transformed what had been a "cyclical" form of economic depression within customary former investment markets, into what has now become the rumble of the global breakdown-crisis which looms immediately ahead today. The time of reckoning has arrived. This presently onrushing global monetary breakdown-crisis can not be reformed on its own terms; the present global system must be quickly, entirely replaced. As long as the attempt were made to save that infinitely unpayable mass of the fraudulent financial derivatives associated with the global "carry trade," efforts which might seek to do no more than reform the present system in its own terms, would ensure the planet's collapse into a prolonged, genocidal "new dark age." This would be a collapse comparable to Europe's Fourteenth-Century "New Dark Age," but, this time, on a global scale....
...full article, PDF
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This Week's News Updates:
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Included
for the
Duration: |
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Recent LaRouche Webcasts*
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| "Organizing the Recovery from the Great Crash of 2007" |
Nov. 16, 2006 |
| World Crisis on Eve of U.S. General Election - From Berlin |
Oct. 31, 2006 |
| "A World-Historical Moment" - From Berlin |
Sept. 6, 2006 |
| "Rohatyn as Satan" |
July 20, 2006 |
| "Emergency Actions Required by Congress" |
June 9, 2006 |
| "The Greatest Economic Crisis in Modern History" |
Apr. 27, 2006 |
| "Make a Platonic Revolution to Save Our Civilization" |
Feb. 23, 2006 |
"Rebuild a Looted U.S. Economy"
video: Baltimore: from Industrial Powerhouse to Death Zones |
Jan. 11, 2006 |
"The Tasks Before Us in the Post-Cheney Era"
Videos: US Dams, US Nuclear Plants |
Nov. 16, 2005 |
| "Rediscovering America: The Lessons of LaRouche's Famous Oct. 12, 1988 Forecast" |
Oct. 12, 2005 |
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Sept. 16, 2005 |
Emergency Webcast,
"Pulling This Nation Together Now!"
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Sept. 3, 2005
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"LaRouche Addresses Urgent Changes in Economic and Monetary Policy"
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Short video (WMA format)
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June 16, 2005
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April 7, 2005
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This Week in
American History
On November 23, 1939, President Franklin Roosevelt gave an informal speech to the polio patients and staff gathered in Georgia Hall at the Warm Springs Foundation. He had first celebrated Thanksgiving at Warm Springs in 1925, and in 1928, he carved the turkey for the gala celebration which he dubbed "Founders Day." This double feast commemorated the first major addition to the old Warm Springs resort. Roosevelt's newly established Georgia Warms Springs Foundation had succeeded in building a glass-enclosed pool so that the polio patients could continue their water therapy during the cold months.
When Roosevelt was elected Governor of New York, and then four years later, President of the United States, many of his old acquaintances in Georgia felt they had to treat him more formally, but at Warm Springs the polio patients just called him "Doctor Rosey." He had come there, as they had, to find a cure, and he had ended up teaching himself all about the disease and developing a therapy regimen which was adopted by the professional medical staff which he assembled. To the patients, Roosevelt was a shining example of what they might accomplish to overcome polio's limitations. But there was no awe involved; they treated him as they treated each other—with consideration but large doses of humor.
Every Thanksgiving Day, also known as Founders Day, was a joyous occasion. The patients and staff sat at a very long table in long and narrow Georgia Hall, the wheelchairs drawn up so that the waiters could pass behind. When Roosevelt became President, reporters and Secret Service men were added to the diners. After the turkey was duly carved and eaten, and the pumpkin pie had been served, Roosevelt gave an informal speech, filled with jokes and reminiscences about the early days of Warm Springs. Then, the patients performed plays and skits, most of them with mischievous and humorous overtones. The celebrants also engaged in singing their favorite songs, and Roosevelt talked with everyone at the door as they left Georgia Hall. The day often ended with a water football game in the pool, with the patients playing the staff.
When Roosevelt came to Thanksgiving dinner in 1932, he had just been elected President, and he received his first 21-gun salute—a string of 21 giant firecrackers were set off by the Foundation's auditor. When he came in 1934, he told the celebrants that the Warm Springs center was to be a pioneer, an example for the rest of the country to follow in treating polio. "You must always remember," he said, "that you who are here ... only represent a tiny fraction of the people throughout the land ... who have infantile paralysis.... Even if we were to double in size or quadruple in size, we could treat only a small fraction in this country of the people who need treatment.
"We need to do everything we can," said the President, "to spread the knowledge we are gaining at Warm Springs ... so that, throughout the country, the facilities for taking care of grown-ups and children who have polio can be vastly improved."
When President Roosevelt came for Thanksgiving in 1939, war had officially broken out in Europe, and it was reflected in his speech. But he began with humorous reminiscences about the early days at Warm Springs. "You know," he said, "sometimes I think these parties have been going on all my life, and yet it is only just 15 years ago that I came down here, all alone, to have a perfectly good holiday and try out a thing called 'the public pool.'... And then, as time went on, our Thanksgiving dinners got to be something. I remember the first Thanksgiving Day dinner in 1925. It was in the old Inn, the old fire-trap which was about 200 feet from where we are now.... We were perfectly thrilled because we had, including all the people who worked on the place and the one doctor and the one physiotherapist, 50 people at that dinner.
Full article on separate page...
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Latest From LaRouche
Here is Lyndon LaRouche's address to a LaRouche PAC webcast on Nov. 16, 2006....
... As you will understand better, I think, in the course of the next three hours, the subject we have to address now, is of momentous world importance, and you will appreciate better, later, as we get into the discussion, that the moments which in past history, in past history of European civilization, correspond to what we're going through now, should remind us of 1648, the Treaty of Westphalia: Where, as over a period from 1492 with the beginning of the expulsion of Jews from Spain, through the Treaty of Westphalia, the question of European civilization's existence as civilization, was in doubt, as today. Similarly in the middle of the 14th Century, Europe was plunged into a dark age, after centuries of cruelty under the Norman/Venetian tyranny.
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InDepth Coverage
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Feature:
A DESIGN FOR LEGISLATION
Saving the U.S. Economy
by Lyndon H. LaRouche, Jr.
November 10, 2006
The saying goes: 'Do not speak of the rope in the house of the hanged.' It might also be said: 'Do not speak of the onrushing, global, financial breakdown in the presence of members of the Houses of Congress.' Nevertheless, the time has come to speak, urgently, of what had been often treated, until now, as unspeakable truths.
Organizing the Recovery From the Great Crash of 2007
Here is Lyndon LaRouche's address to a LaRouche PAC webcast on Nov. 16, 2006. About 220 people attended the event in Washington. In addition, there weremany'satellite' showings,among them: one group in Paris; five locations in the Mexican Congress and environs; one university in Mexico; four universities in Bolivia; five universities in Peru; two universities in Argentina, and one additional site in Cordoba; and in Colombia, the CUT labor federation invited all members to watch and participate in the dialogue.
Economics:
U.S. Bankers Herald Financial Breakdown
by Nancy Spannaus
President George W. Bush, and most of the financial pages of the U.S. press, may still be touting the 'wonderful economy' in the United States, but over recent days, warnings of a systemic crisis, and impending financial blowout, have been issued by leading representatives of major U.S. financial institutions. All are talking of the risk of out-of-control financial chaos, as a result of the massive, unpayable debt bubble created by Alan 'Derivatives' Greenspan. There is not a hint of a solution to the onrushing crisis in any of these alarums, but, as Lyndon LaRouche noted in his Nov. 16 webcast, if they serve to wake people up to the danger ahead, they will be useful indeed.
Eurasian Land-Bridge Passes New Mile Post
by Mary Burdman
Eighteen nations of Eurasia signed the International Agreement on the Trans-Asian Railway Network (TAR) during the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) Ministerial Transport conference in the South Korean port city of Busan Nov. 10. Asian nations have been discussing the Trans-Asian Railway project, to build the 'missing links' among Asian nations' rail systems, and ultimately link them to those of Europe, for over 50 years.
National:
LYM Mobilizes Washington For 'Double Impeachment'
by Niko Paulson, LaRouche Youth Movement
During the week of Nov. 13 in Washington, D.C., in the immediate aftermath of the dramatic Nov. 7 shift in Congressional power, Lyndon LaRouche and his youth movement made the first bold moves in the battle to establish the ideas which will govern the actions of the incoming Congress; the first front of that battle was waged over the issue of impeachment of Bush and Cheney.
Oversight Hearings Can Lead Straight to Impeachment
by Nancy Spannaus
While most Democrats, even those with a record of demanding the removal of President George W. Bush and Vice-President Dick Cheney from office, are currently repeating the mantra that 'impeachment is off the table,' there is no reason to necessarily take them at their word.
International:
U.S. Diplomats Revolt Over Policy Toward North Korea
by Mike Billington
Dr. C. Kenneth Quinones, who played a leading role as a State Department official in the successful negotiations which resulted in the 'Agreed Framework' with North Korea in 1994, held an extraordinary forum on Nov. 2 in Washington, D.C., sponsored by the newly created U.S.-Korea Institute at the School for Advanced International Studies (SAIS) at Johns Hopkins University. Quinones said that it was necessary for him to 'go public' at this time, following the North Korean test of a nuclear device, with his role as a civilian 'back channel' between the North Korean government and leading officials at the State Department from 2004 until very recently. He reported that during these past two years, he had succeeded, not just once, but three times, in finding a basis for agreement between the governments of these two nations to re-launch negotiations toward a peaceful solution to the crisis over the North Korean nuclear weapons program. In each of these cases, Quinones said, actions by the Bush/Cheney/Rumsfeld leadership sabotaged the efforts by others within the Administration...
Italian Press Exposes Cheney-Authored Kidnapping and Torture of Abu Omar
by Claudio Celani
Dramatic new evidence has been published, exposing the Nazi-like practices authorized by Vice President Dick Cheney's legal counsel, involving the kidnapping and torture of foreign citizens.
Germans Grapple With U.S. Political Shift
by Rainer Apel
Given the tight mind-control that Anglo-Dutch oligarchs maintain over the media, it did not come as a surprise that press coverage in Germany of the U.S. midterm elections was grossly distorted. The dominant line was that voiced by John Kornblum, former U.S. Ambassador to Germany, now chairman of Lazard bank's Germany operations, in an interview with German public radio on Nov. 8: The 'only reasonable' approach for the Democrats, he said, was not to go for 'revenge strategies' but to 'cooperate with the President.' In other words: no impeachment.
Uri Avnery: Peace Is Made With Enemies
by Dean Andromidas
Veteran Israeli peace activist and leader of the Gush Shalom peace movement, Uri Avnery, authored an important comment on the speech by Israeli poet and author David Grossman delivered at the Nov. 4 memorial rally commemorating the 11th anniversary of the death of Prime Minister Yitzhak Rabin (see last week's EIR, 'The Poet and the Slain Statesman'). Entitled 'Grossman's Dilemma' and released on Nov. 18, Avnery's article praised the speech as 'brilliant' and uplifting for all those present, but leveled some important criticism of Grossman's own refusal to talk to Hamas, but only to the 'moderates' among the Palestinians.
The Winners and Losers on Nov. 7
It is now clear that the decisive margin of victory for the Democratic Party on Nov. 7 was a surge of votes from two categories of Americans: Youth between the ages of 18-25 and 'young Tweeners' between the ages of 25-35. The significance of the youth vote, which increased from 8 million in the last midterm elections in 2002, to over 10 million this year, as the decisive margin of 'landslide victory' for the Democrats, particularly in the House of Representatives, has not been missed.
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