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EIR Seminar in Frankfurt
LaRouche: The Mass Strike Can Defeat the British Empire

June 10—Lyndon LaRouche was the keynote speaker today at a seminar of the European Bureau of Executive Intelligence Review{in Frankfurt, Germany, the first of this kind there in several years. The seminar, titled, ``The Task at Hand: A Glass-Steagall System and Return to Sovereign Economic Policy,'' drew about 25 people, including several representatives of the Mittelstand (small and medium-size enterprises), political activists, diplomats, and former banking officials. Helga Zepp-LaRouche moderated the three-and-a-half-hour event; her welcoming remarks were followed by a report from EIR's Dean Andromidas, on the breakout of the organizing in the United States around LaRouche's call for the impeachment of Obama, and the need to reestablish the Glass-Steagall standard in banking. Here is a transcript of LaRouche's keynote, followed by his answer to one of the questions.

I was very happy to find that I had the opportunity to say, in the vicinity of Frankfurt, which used to be a financial center, that there is a plan for rescuing Europe, as well as the United States. Because without something very important happening, Europe is in big trouble, now. We're looking at a potential collapse, a chain-reaction collapse of the European economy....

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The Anatomy of Russian Capitalism, by Stanislav M. Menshikov
March 23, 2007
—EIR News Service announced the publication of
The Anatomy of Russian Capitalism,
by Professor Stanislav M. Menshikov.

Translated from the Russian by Rachel Douglas, the book is an authoritative study of the Russian economy during the first 15 years after the break-up of the Soviet Union. The Preface, by EIR founder and contributing editor Lyndon LaRouche, titled, "Russia's Next Step," poses the need for U.S. policy-makers to study and grasp the "disease" presented in this book, since it represents "an economic global pandemic which we must all join to defeat."

This Week's Cover

  • LaRouche:
    The Mass Strike Can Defeat the British Empire

    Lyndon LaRouche was the keynote speaker at an EIR seminar in Frankfurt, Germany on June 10, on 'The Task at Hand: A Glass-Steagall System and Return to Sovereign Economic Policy.' What would a U.S. return to a Glass-Steagall standard mean for Europe? LaRouche explained: 'Every bank, in every European country, has to go through the same cleaning at the laundry. . . . We must save institutions, including banking institutions, which are valid, make sure they don't fold up, too. 'Okay, now what you do, is you cancel all the illegal, or stinking, or false kinds of financial claims. Instead of bailing out fraudulent financial claims, the national governments, sovereign governments, must now issue credit into the banking system, the purified banking system. You don't want any more of the burden on, say, European banks, European nations, of this false kind of debt. But most banks today in Europe are bankrupt. How can you save it? You have to support them: How? With Federal credit. State credit.'

Economics

  • The Nuclear Option Against British Sabotage in Our Gulf
    It appears increasingly likely that recourse to use of a peaceful nuclear explosive (PNE), may become the only available option to seal the damaged BP well in the Gulf of Mexico. But just as important is that the underlying cause of the Gulf oil crisis has been our failure to go nuclear.
  • Arm of the British Empire:
    British Petroleum's Assault on America

    BP is not really a corporation, but an instrument of the British Empire's war against nationstates. This system, marketed as 'globalization,' is actually a return to the methods of the British East India Company.

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