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Volume 35, Number 32, August 15, 2008

Cover of EIR Volume 35, Number 32, August 15, 2008

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Why Paulson Blundered  

by Lyndon H. LaRouche, Jr.

Henry Paulson is not an economist, but just a gambler, so he just doesn’t understand that his beliefs are unlawful under the specifications of the original intention of the U.S. Federal Constitution. He and his colleagues are not actually competent specialists in the field of national economy as such, and without the required competence, the United States will become a mere British colony, of the type which is known to all competent economists as a “free trade “system.”

LaRouche calls for a two-tier credit system, similar to that enacted by President Franklin D. Roosevelt, under similar conditions of danger to the nation.

Editorial Statement: We Need a Doctor, Not That Undertaker  

by Lyndon H. LaRouche, Jr.

LaRouche: The Fed Must Raise Interest Rates Now!  

by Lyndon H. LaRouche, Jr.

A national emergency statement dated Aug. 6.

Strategic Studies

In the Face of Global Collapse: British, EU Target Russia with Shooting War in the Caucasus  

by Helga Zepp-LaRouche

Helga Zepp-LaRouche writes that City of London and allied forces are fueling the blowup of regional conflicts. The Georgia-Ossetia crisis is only the latest conflict which follows from the recognition last February of the independence of Kosovo by the European Union. The Western nations can either treat each country as an antagonist, “or, they can heed the proposal which LaRouche has been making for some time, that a new international financial and economic order, in the tradition of Roosevelt and his New Deal, and Bretton Woods, be put onto the agenda.”

The Shadows of 1914: Holbrooke, Karadzic, and British Geopolitics  

by Elke Fimmen

Chronology—1989-2008: British Moves Against U.S.-Russia Cooperation  

International

Ibero-America: How To Triple Food Production by Developing High-Speed Rail  

The real story behind the freeing of 15 hostages in Colombia is that 1) this success was buttressed by cooperation from U.S. and French institutional forces, and 2) the launching of cooperative ventures by Venezuela and Colombia to build railroad corridors between the two countries in order to promote their joint economic development, with the intention of extending that development across all of South America.

Venezuela Completes Yacambú-Quíbor Water Transfer Tunnel  

by David Ramonet

Reaping the Food Potential of the Colombia-Venezuela Plains  

by Maximiliano Londoño Penilla

Bring the Trains Back to Colombia!  

by Miriam Redondo Tequia

Adopt Lilienthal’s Infrastructure Plan!  

by Maximiliano Londoño Penilla

British Empire’s ‘Young Turks’ Attack Turkey  

by Dean Andromidas

London’s ‘Young Turks’: Jabotinsky and Parvus  

Dangerous Saudi Input into Afghan Bloodshed  

by Ramtanu Maitra

International Intelligence  

National

Billionaire’s Movie ‘IOUSA’: You Must Die So I Can Collect  

by Anton Chaitkin

Peter G. Peterson, one of the vultures who played a role, during the Nixon Administration, in wrecking the Bretton Woods system, is now proposing killer cutbacks in health care and pensions for the lower ranks of society, to bail out himself and like-minded financiers who are now threatened by the collapse which they themselves brought about.

Schwarzenegger’s Budget Plan: ‘Starve the Beast’ Kills Californians  

by Harley Schlanger

National News  

EIR Seminar

Zepp-LaRouche: Last Chance for a New Bretton Woods  

by Helga Zepp-LaRouche

In her presentation to an EIR seminar in Wiesbaden, Germany, Helga Zepp-LaRouche declared that after the collapse of the housing and mortgage bubble, speculators moved into food, biofuel, and oil speculation, creating another bubble, which will also collapse. She said that only Lyndon LaRouche’s three-point emergency solution to replace the bankrupt system can succeed. She reiterated her call to double world production to deal with the crisis created by the food speculators.

LaRouche: The U.S.A. Must Take the Lead  

by Lyndon H. LaRouche, Jr.

Lyndon LaRouche, in a telephone address to the Wiesbaden seminar, underlined that the United States is looking at a situation like the Autumn of 1923 in Germany, when hyperinflation broke out. We are “at a point of a general breakdown crisis,” he said. In the question period, he said that no part of the world can survive without “a new international monetary-financial system.”

Editorial

George Soros and London’s World War III  

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