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Published: Tuesday, Aug. 31, 2004
Today is:
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Volume 3, Issue Number 35
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Announcing:
Schiller Institute-ICLC Labor Day Conference:
"Now Comes The Hopeful Reality Which The Cowards Denied"
September 4-5, 2004, to be Held in Locations in
Southern California and
Northern Virginia.
Live Webcast - Full Audio-Video Coverage
Invitation
Click for Previous Conferences
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August 15, 2004
The ancient model for our Alan Greenspan, Apollo's gibbering priestess Pythia, was seated on her stool by the Delphi cult's grave-site of the ancient serpent-god. She promised the mighty, but foolish Croesus, supposedly the richest man of that time, that a great empire would soon collapse. Croesus later discovered, to his surprise and great sorrow, that the empire of which that priestess had spoken, was his own.
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Today, the same kind of ominous, great crunching sound, is the onrushing general breakdown-crisis of the world's present monetary-financial system. The rumbling you hear, is the death-rattle of the present economics profession. The thundering and crackling of this crashing event, will remind the literate, that the wisdom of the great Solon, the wisdom adopted by our republic's founders, not the greed of Croesus and Dick Cheney, was the model of economic and social policy chosen by the framers of the Constitution of our U.S. republic. That is the truth of U.S. politics today, despite today's dupes of that ever-Delphic charlatan of the recent two decades, the creepy-crawly critter known as Alan "Pythia" Greenspan.
This crisis we are currently experiencing, is not a reflection of a boom-bust cycle within the system. It is a collapse of the system itself. ...
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From the LaRoucheYouth Movement
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This Week in History
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August 23-29, 1774
The First Continental Congress Meets at Philadelphia
Looking back over the events leading to the American Revolution, John Adams wrote in 1818 that, "The Revolution was effected before the war commenced. The Revolution was in the minds and hearts of the people.... This radical change in the principles, opinions, sentiments, and affections of the people was the real American Revolution." How that change led to the call for a Continental Congress is the story of bold leadership against a voracious British Empire and, more importantly, a leadership dedicated to developing citizens who could sustain a republic.
When the French and Indian War, known in Europe as the Seven Years War, ended in 1763, victorious Britain took over the French possessions in India, and Britain's East India Company, for all intents and purposes, took over the government of Great Britain. Before that year, British colonial policy had indeed been restrictive, forcing its colonies to buy only from the mother country and to produce only raw materials, not finished goods. But the Americans had found ways around the restrictions and, when Britain needed their aid during European wars, had managed to build up some of the forbidden activities, such as ironmaking.
But what the colonists faced in 1763 was something they had not dealt with beforean empire owned by a company which cared nothing for individual freedom and opposed any kind of technological breakthroughs in its "possessions." Within a short period of time, the oligarchs who controlled the East India Company tightened not only their economic control, but their political control as well. Even as the war was ending, an attempt in Boston to collect duties on imported foreign sugar and molasses led to writs of assistance, which enabled customs officers not only to break open ships, stores, and houses to find articles that were suspected to have paid no duty, but, as a clear forerunner of the traitorous Fugitive Slave Act of 1850, also enabled the officers to draft any person to help them in the task, and prosecute them if they refused.
...more
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Feature:
PRINCIPLES OF EIR ECONOMICS
What the EIR Economic Charts Will Show You
by Lyndon H. LaRouche, Jr.
August 15, 2004
The ancient model for our Alan Greenspan, Apollo's gibbering priestess Pythia, was seated on her stool by the Delphi cult's grave-site of the ancient serpent-god. She promised the mighty, but foolish Croesus, supposedly the richest man of that time, that a great empire would soon collapse. Croesus later discovered, to his surprise and great sorrow, that the empire of which that priestess had spoken, was his own. Today, the same kind of ominous, great crunching sound, is the onrushing general breakdown-crisis of the world's present monetary-financial system. The rumbling you hear, is the death-rattle of the present economics profession...
International:
SCHRÖDER IN A BIND
World Monetary System Has Cracked in Germany Today!
by Lyndon H. LaRouche, Jr.
August 18, 2004
The address delivered today in Berlin by Germany's Chancellor Gerhard Schröder, marks the actual beginning of the collapse of the rotten-ripe world monetary-financial system. This began, a few weeks ago, with seemingly small, easily overlooked events, beginning in a way which is ironically comparable to the way in which the issue of freedom to travel for vacations abroad, triggered the series of events leading quickly to the already inevitable 1989 collapse of the (East) German Democratic Republic (G.D.R.). That irony aside, it is the biggest, most dangerous global monetary-financial crisis in modern world history.
Manifesto for the Monday Demonstrations
by Helga Zepp-LaRouche
Issued on Aug. 17 by the chairwoman of the Civil Rights Movement Solidarity (Bu¨So) party in Germany.
Today, only 15 short years after the historic Monday demonstrations of 1989 which ushered in the end of the German Democratic Republic, demonstrations are once again taking place in many cities across Germany. The immediate trigger has been a protest against extreme injustices mandated by the Hartz 4 law, a law which would plunge millions of so-called long-term unemployed into outright poverty. But Hartz 4 was merely the proverbial last straw. As the Econometric Institute in Halle once again confirmed in August, actual unemployment in Germany is at least 8.6 million, if we include entire categories of people who are not even counted in the official unemployment statistics. That's over 2 million more unemployed than in 1933.
Interview: Chandrajit Yadav
What India Needs Is an FDR-Style 'New Deal,' Not Globalization
Shri Chandrajit Yadav is a former Union Minister of the government of India under Prime Minister Indira Gandhi, and is now chairman of the Centre for Social Justice of India. He was interviewed by Mary Burdman on Aug. 13.
Iraq: Moral Authority Is Greater Than Military Might
by Muriel Mirak-Weissbach and Hussein Askary
Catastrophe loomed over Iraq, as U.S. and allied Iraqi forces moved toward a final showdown against the forces of radical Shi'ite militia leader Moqtadar al-Sadr in the holy city of Najaf. On Aug. 25, when the puppet interim government of Iyad Allawi issued its umpteenth ultimatum for al-Sadr to surrender, or be killed in a storming of the holy Imam Ali shrine, it was thought that only a miracle could avert the impending doom. The 'miracle' occurred, in the form of an announcement that Grand Ayatollah Ali Hussein al-Sistani, the highest Shi'ite authority worldwide, was returning to his native Najaf, from London, where he had undergone surgery for a heart problem. The miracle worked.
National:
The Coming Senate Battle: Open the Porter Goss File,
Part 1
by Jeffrey Steinberg, with Michele Steinberg and Scott Thompson
In his damning book on the Bush-Cheney Administration, Worse Than Watergate, former Nixon White House General Counsel John W. Dean reported that Vice President Dick Cheney has been obsessed for decades with the mid-1970s Church and Pike Committees, whose pioneering work led to the first serious Congressional oversight of the intelligence community. As far as the Vice President is concerned, those investigations, and the Congressional oversight committees that emerged from the process, represented a dark moment, in which the powers of secret government were undermined. As Dean put it: 'Cheney has long believed that Congress has no business telling Presidents what to do, particularly in national security matters.'
Torture Trail Leads to White House, Cheney
by Edward Spannaus
The two new reports issued on Aug. 24 and 25, concerning the abuse and torture of prisoners at Abu Ghraib prison in Iraq, contain much new damning and detailed material, which proves that the responsibility for the atrocities at Abu Ghraib runs directly to the highest levels of the Bush Administration, including Vice President Dick Cheney.
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