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Nov. 28 (EIRNS)—
``You damn fools, you should put this thing into bankruptcy. You don't have enough money in the universe to pay this bill!'' Lyndon LaRouche said in response to the latest, multi-trillion-dollar bailout schemes announced over the past week by Treasury Secretary Henry Paulson, Fed chairman ``Helicopter'' Ben Bernanke, and the rest of that ship of fools formally known as the President's Working Group on Financial Markets, or, more accurately, the Parasite Protection Team.
``We're about to launch the greatest hyperinflationary burst in modern history, unless we stop this,'' LaRouche said. ``We're on the verge of a hyperinflationary explosion; they've been trying to conceal this hyperinflation by various tricks so far. Now it can't work any more! So they've got to put the thing into receivership! Put it into bankruptcy now! There is nothing to do with this thing except put it into bankruptcy. Paulson, stop being a Christian Scientist! Take your medication! Don't be a Christian Scientist all your life; take your medicine!...
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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." |
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LaRouche Webcast
- Greatest Crisis in Modern History:
The Last Chance for Civilization?
Lyndon LaRouche stated that the post-Bretton Woods financial-monetary system is in a terminal breakdown crisis, and that any effort to rescue it will destroy the planet. 'You have to choose: Replace the system, or get a new planet.' He said the world is now operating under an imperialist system, based in London, but which operates globally. The way out of this crisis, LaRouche added, is to replace the British-inspired money system with a credit system; go back to the U.S. Constitution, and create a 'credit-based dollar' on which to build a new system, after putting the present system through bankruptcy reorganization. The full transcript of the Nov. 18 webcast, including questions and answers.
Economics
- Brutish Empire Calls for a New Hjalmar Schacht
The clear intent of the British is to use this financial crisis to return the world to the way it existed before the American Revolution. The alternative, as Lyndon LaRouche has indicated, is a return to the credit system established by the U.S. Constitution.
- Business Briefs
International
National
- A Four-Power Bloc Can Break the Opposition to Reform
Lyndon LaRouche's opening remarks to a private meeting on Nov. 19. The only way out of an otherwise almost hopeless situation, he said, is for sovereign governments to put the entire financial system into bankruptcy reorganization, and replace it with a fixed-exchangerate credit system. This will require the combination of four sovereign governments: the United States, Russia, China, and India.
- National News
History
- In the Footsteps of Giovanni Boccaccio
In a January 2006 webcast, LaRouche showed how to uplift the population, at a time when all leaders have failed, and the people themselves must take the reponsibility: the understanding of history with great irony, through the eyes, or in the footsteps, of a great figure such as Italy's Giovanni Boccaccio. The collapse of the Lombard banking houses and the resultant New Dark Age began at the middle of his life.
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