March 18, 2008 (EIRNS)This release was issued yesterday by the Lyndon LaRouche Political Action Committee (LPAC). It also appears in the March 28, 2008 issue of Executive Intelligence Review.
DOOM HAS STRUCK!
Three Steps to Survival
by Lyndon H. LaRouche, Jr.
March 17, 2008
As most clearly stated by the voice of Germany's financial market, the Frankfurter Allgemeine Zeitung (FAZ), the Bear Stearns bankruptcy marks the point at which the present world monetary-financial system has entered the terminal, hyperinflationary-collapse phase of that breakdown-crisis which began at the close of the previous July. Now, there are three essential measures which must be taken more or less immediately, before the situation in the U.S.A. and western Europe becomes hopeless. These are the three types of measures which I have presented earlier; those who continue to resist the adoption of these measures now fall promptly into the category of incompetence known as mental cases.
Under that latter, proposed agreement, long-term treaty-agreements shall be focussed on intergovernmental development of capital-intensive types of essential basic economic infrastructure, as in:
The present Trans-Atlantic monetary-financial system is now hopelessly bankrupt; the wild-eyed measures associated with actions by the U.S. Treasury and Federal Reserve System represent an eruption of lunatic recklessness beyond belief! Those relevant public or private officials who disagree with that assessment, or who continue to oppose the HBPA as I have defined it, now clearly require professional psychiatric care.
Since efficient, modern production and supporting infrastructure, require emphasis on capital intensive forms of physical capital investments in the order of between a quarter- and a half-century estimated useful life over the course of physical and/or technological attrition, long-term treaty-agreements among trading-partner nations in those orders of magnitude, at interest rates charged to and among governments in the order of 1-2% per annum, will be the required practice if proper human goals for populations, as in Asia and Africa, are to be reached.
To facilitate this, the pseudo-scientific, neo-Malthusian humbug of so-called global warming, must be brought to a halt; otherwise, a plunge of the planet into a mass-murderous new dark age, one worse than that experienced my mid-Fourteenth-Century Europe, were inevitable for the planet as a whole.
There are no known, sane alternatives existing at this juncture.
The success of President Franklin Roosevelt's reforms of the 1932-1944 interval, is the model of policy-shaping which provides a proven precedent for the policies which must be adopted among sane nations now.
It should be noted, that the current proposal for privatizing systems of basic economic infrastructure, and the Tower of Babel model which the British Empire has drafted for adoption by a proposed, neo-feudalist form of empire such as the Lisbon Treaty draft, is not only a mimicking of the Biblical Tower of Babel, but, as proposed by New York Mayor Bloomberg et al., is a proposed return to the league of cities monstrosity associated with the Lombard League's plunge of Europe into a medieval New Dark Age, whose effects included an obliteration of an estimated fifty percent of the parishes of Europe, an estimated collapse of the European population by one-third, and the pollution of Europe by screaming, predatory hordes of those maddened creatures typified by the Flagellants of that time.