Executive Intelligence Review
Subscribe to EIR

PRESS RELEASE


LaRouche To Address June 9 Webcast on Emergency Actions Required by Congress

JOIN THE WEBCAST

May 22, 2006 (EIRNS)—The following release was issued today by the Lyndon LaRouche Political Action Committee.

Leading economist and Democratic Party leader Lyndon LaRouche will address an international webcast on June 9, at 1 pm Eastern Daylight Time, on the emergency actions required to deal with the breaking economic, financial, and political crises facing the United States. The address, which will originate from Washington, D.C., will be broadcast live over the internet, and will be available through www.larouchepac.com.

This event will occur approproximately one month into a major drive by LaRouche's Political Action Committee, to pass emergency legislation to save the machine-tool capability of the United States, which is threatened by the ongoing shutdown of the U.S. auto industry. LaRouche described the significance of this drive in a statement he issued on May 14:

"A series of crucial developments around the looming indictment of former White House Deputy Chief of Staff Karl Rove has created a situation in which Vice President Cheney is now overripe for emergency impeachment proceedings, and the President himself is experiencing the onset of a threatened personal systemic crisis. The mere fact of this situation, so fairly described, creates a threatened discontinuity in the functions of the Federal government, a discontinuity we can not permit to develop under the presently perilous global financial-monetary and related crises.

"In such a setting, it is imperative that sensible leaders within the Congress take some appropriate form of prompt initative, to restore a sense of faith in our Federal government among the relevant institutions here, among foreign governments, and our citizenry generally.

"The pivotal economic and social crisis of the U.S.A. at this instant is the implications of an onrushing destruction of as much as two-thirds of the U.S. automobile industry. Failure to act immediately to prevent that catastrophe from being allowed to proceed, would have incalculable effects on public confidence in the U.S. society here at home, and abroad.

"At this juncture, my associates and I have elaborated a programmatic emergency action needed to prevent the collapse of the U.S. as a modern economy, through adopting the idled capacity of our automotive industry for urgently needed measures of reconstruction of lost and disintegrating basic economic infrastructure of our nation. Action to accelerate the adoption and implementation of that program now being prepared for Federal legislative action would restore public confidence in our Federal government at a time the Presidency itself has the lowest level of still sinking public confidence in its recent history.

"Cleaning the rascals out of the White House and Vice President'’s office is, unfortunately, an urgently needed action, but it is not an uplifting experience. Action by the Congress which gives our people reason for confidence in our Federal system, is the positive note urgently needed at the perilous moment of Vice President Cheney'’s looming, overdue downfall"

Preregistration is required for the webcast. Please call 1-800-929-7566.