May 30, 2008 (LPAC)--Over the next months, LPAC will be releasing a series of policy memorandums for use by the entire Democratic party. We present the first one, today, "LPAC Food Policy Memorandum: Kill the WTO; Double Food Production", which is available here, in PDF.
http://www.larouchepac.com/news/2008/05/30/lpac-food-policy-memorandum-kill-wto-double-food-production.html
by Nancy Spannaus
Have Howard Dean and his British banker backers determined to wipe the Democratic Party off the map? That is the only conclusion you can come to, if you face the virtually inescapable consequences of Dean's attempt to abort the candidacy of Hillary Clinton.
There have been assorted warnings of how the electorate might react to the ramming through of the Obama candidacy, without counting all the primary votes which have been cast. Many polls indicate that a large percentage of Clinton voters would hold their noses, and vote for John McCain. Democrats who believe their votes have been disregarded going into the convention (for example, in Florida and Michigan), will be enraged enough to stay home, or vote the other way. Even without such defections, there are clear signals that forcing Clinton out, would lead to what might otherwise be considered impossible—a Republican victory.
True, Al Gore was the only Democrat who could have lost to George W. Bush in 2000, but after eight years of Bush-Cheney, to lose to the Republicans again would be an extraordinary feat.
But history shows it could be done—and by the same forces that did it before. It was the British Fabian influence in the late 1960s, mobilizing in both the "left" and the "right," which succeeded in polarizing the Democratic Party—to the point of the riots at the 1968 convention. But even before the riots, the so-called New Democrats had moved to take over the party of Franklin Roosevelt, through an assault on the Party's commitment to constituencies who represented industry and agriculture. Labor was labelled "reactionary" because it wanted to protect jobs in the deepening economic crisis, against the demand for affirmative action. Whereas FDR would have mobilized for an overall economic recovery, to provide jobs for all rebuilding the economy, the New Dems went on the offensive against labor.
The result was the election of Richard Nixon, a disaster for the nation and the world.
In the early 1970s, the New Democrat ideology was combined with that of radical environmentalism, as well as counter-cultural politics. The result, consolidated through party reforms carried out by the McGovern campaign, was to destroy the FDR coalition.
It got worse. The election of Jimmy Carter in 1976 brought the Democratic Party to power, only to have it use the instruments of government to carry out judicial witch hunts against labor (Abscam-Brilab), deregulation, and assaults on high-technology industry (nuclear power). The Democratic Party base revolted against a revolting party apparatus.
The consequences became clear in 1980, when a substantial number of Democrats held their noses and voted for Ronald Reagan. By Reagan's second election in 1984, the defections were even more dramatic, with Reagan taking 59% of the vote and 49 of the 50 states. The "Reagan Democrats" were born, and they stayed with the Republican Party for decades—only to begin returning "home" as the travesties of the Bush II Administration multiplied.
The standard neocon line is that the Democratic Party splintered because it was concentrated on liberal "single issues." The reality is that it splintered because it abandoned the core commitment of the FDR coalition, the commitment to fight on the basic economic issues of the lower 80% of income brackets, on the absolute necessity of the Federal government acting for the general welfare.
Senator Clinton's focus on mobilizing those forgotten men and women in the midst of the current economic blowout, shows how the party can, not only be put back together, but it can put the nation back together, with a new bipartisan coalition, not unlike the one FDR wrought in the emergency of the 1930s.
Those who want to kill her candidacy, will not only kill the party—but the nation as well.
http://www.larouchepub.com/other/2008/3521will_dems_disintegrate.html This article appears in the May 23, 2008 issue of Executive Intelligence Review.May 27, 2008 (LPAC)--As reported in the London Telegraph, both Elizabeth Murdoch (daughter of owner to Myspace) and president Joanna Shields of Bebo, both, were recently caught as event hosts to a fundraiser which generated $400,000 for Barack Obama's presidential campaign, within the isles of the British Empire.
Strategically, this fact is crucial for understanding how this presidential election is being run from the top down, from London, into the most important sections of the American voting demographic, the 18-35 age bracket.
As LPAC and the LaRouche Youth Movement have clearly documented, the social networking “phenomena,” which, even now, is starting to fizzle out, was designed specifically to be used as a mass brain-scrambling operation, a method of social control. And, after “Hope and Change” Obama has thoroughly discredited himself on more than several important strategic issues, the best the British can do is continue to confuse the voting youth of the nation, judging from the silly propaganda for Obama oozing on all major internet social networking sites, including digg.com.
While Facebook was not directly implicated in the above report, it should be noted that Facebook failed in its mission to deliver the Texas state primary to Obama.
The confusion being played by the British centers around the lack of concentration spans possessed by most 18-35 yearolds today. Had they the concentration span to think about the issues at stake, maybe the British control of their minds and social lives wouldn't ring so hard.
http://www.larouchepac.com/news/2008/05/27/bebo-myspace-and-facebook-users-pawns-british.html
It was a bit of a wild week, beginning with the weekend meetings of the G-7 finance ministers and central bankers, and the associated Spring meetings of the IMF and World Bank, and ending with the announcements of billions more in losses by major U.S. financial institutions. The G-7 issued its usual bland communiqué saying nothing of relevance, while the IMF and World Bank hinted at deeper problems but did nothing. That is to be expected, since these public meetings are essentially dog-and-pony shows, designed to calm the markets and the public. The real action, as always, was behind the scenes.
The bankers, emboldened at seemingly having survived the first quarter, have begun posturing to the effect that, to quote Lehman Brothers CEO Richard Fuld, "the worst is behind us." Such comments are intended, in part, to soothe the public and the markets, in the hope that the suckers can be lured into buying again, so the banks can unload more of their worthless paper on their customers. Considering what these CEOs know about the holes in their own balance sheets, it is fraud of the first order. Fraud, however, is but a small part of the problem.
The bigger problem, as we have often emphasized, is that the financial crisis is but one aspect of a much larger crisis: the breakdown of civilization itself, as reflected in the assault by the oligarchic forces which control the British Empire on the nation-states, and what little remains of national sovereignty in the world. The so-called financial crisis does not exist as a separate issue, because the system has died; it is being kept "alive" in a zombie-like state by a combination of trillions of taxpayer dollars and an accounting system designed to hide the losses.
Behind the Keystone Cops-like layer of incompetent bumbling by the bankers and their "regulators," lies a very nasty plan. Take the soaring price of food and oil, the food riots, the global warming hoax, the wars breaking out across the planet, the battle over natural resources, the vapidity of the Presidential campaigns, and put it all together; what you get is an assault on civilization itself by something very old and ugly, the imperial model trying to reassert its supremacy.
Studies, and LiesThe predictable response to any major disaster is for some august group to announce a study of the problem. There have been a flurry of studies of the financial crisis announced so far, among them Treasury Secretary Henry Paulson's blueprint for regulatory reform; the Financial Stability Forum's recommendations and options papers; Gerald Corrigan's counterparty risk management study; and one by the Institute for International Finance, to name but a few. In general, these studies purport to examine the current "subprime crisis/credit crunch" problems with an eye toward heading off the next crisis. Implicit in that, of course, is the assumption that the financial system will recover, an assumption that the bankers would dearly love the public to believe, and would love to believe themselves.
The bankers' public statements reflect this optimistic lie. Lehman's Fuld, quoted above, is one example. J.P. Morgan Chase CEO Jamie Dimon claims that the crisis is "maybe 75% to 80% over"; Morgan Stanley CEO John Mack says the turmoil will last "a couple of quarters" longer; and Goldman Sachs CEO Lloyd Blankfein says, "We're closer to the end than the beginning."
These statements can be taken more than one way, though, and you can bet that the real subject of many of these studies is actually how to manage the death of the financial system and control the transition to the global corporatism of the new order. Paulson's blueprint, for example, would impose the British model of (de)regulation, while the Financial Stability Forum and the IMF have called for governments to bail out the banks at taxpayer expense.
The New PoodleFormer British Prime Minister Tony Blair was known as "Bush's poodle," whereas it was Blair who was really manipulating the gullible George Bush, in much the same way Margaret Thatcher had manipulated his father. Now we have a new poodle in Prime Minister Gordon Brown, deployed to the United States to hook the dumb Americans into yet another British trap. In a three-day visit, Brown met with Bush, the leading Presidential contenders, Fed chairman Ben Bernanke, and a group of prominent Wall Street financiers.
Brown's April 16 meeting with some two dozen bankers in New York followed a meeting the previous day with bankers in London, amidst reports that the Bank of England was planning some sort of bailout of the U.K. mortgage market. Depending upon which report you read, the Bank of England is either planning on buying up British mortgage-related securities with government money, or planning to take in such securities as collateral for loans, much as the Fed is already doing. Given the level of duplicity in such matters, we place little credence in the details, but Brown's trip would appear to be a significant escalation of the British drive to lure the U.S. Government into a suicidal attempt to bail out the banks through government purchases of securities related to U.S. mortgages and other debt.
Like EnronThe way in which the bankers are handling this affair is reminiscent of the way in which they handled the demise of Enron. Enron, as the reader may remember, was rather suddenly discovered in 2001 to have significant problems which "nobody saw coming." Enron was a "black box" whose inner workings were hidden from all, which suddenly blew up, due to corruption by insiders. That was all a lie, however, and the "discovery" of Enron's problems was actually the beginning of a well-crafted takedown of a company which had already died. It is worth noting, for those who believe that the banks are still solvent, that Enron was number seven, ranked by revenue, among U.S. corporations in 2000, and rose to fifth in 2001, despite its demise, and was widely considered as being among the best managed of American companies.
The takedown of Enron began with the Wall Street Journal, which identified several off-balance-sheet vehicles run by Enron chief financial officer Andy Fastow and others as mechanisms by which the company was looted. The Journal and other press hammered away at this, establishing from the beginning who was to blame—a key part of any cover-up. An Enron investigation of these charges was initiated, led by a long-time board member and Lazard banker, which established that Fastow and company were indeed to blame; that was followed by a series of criminal investigations, guilty pleas, and convictions.
The whole scenario, from discovery to convictions, was a carefully scripted fraud designed to hide the way in which Enron was a giant shell game, run by some of the most powerful bankers in the world, as a vehicle for smashing the regulation of the electricity industry, and allowing the bankers to create the same kind of market rip-off in electricity they had created in the oil market. Enron itself was a longtime client of Lazard, and its board included Lord John Wakeham of N.M. Rothschild, who had been the energy czar under Margaret Thatcher, when Thatcher and Rothschild brought Enron in to the U.K. as part of British electricity deregulation. Far from being a black box, Enron was a bankers' looting ground; the supposedly secret off-balance-sheet vehicles were marketed by Wall Street, and counted some of the leading bankers on the Street as investors.
Look at the so-called "subprime crisis" from this perspective: a problem suddenly discovered, the perpetrators immediately identified, the banking system itself the victim of unscrupulous crooks. The details may be different, but the method is the same, and in both cases, what is covered up is the central role of the banks in running the operation.
The portrayal of the financial crisis as a "housing crisis" is critical to the orchestration of a bailout, providing a "protect the homeowner" cover for what is actually a bailout of the banks. That much is easy to see, though not publicly admitted. It allows the Fed, the Treasury, and the Congress to aid the banks in the name of protecting the "little guy," and seducing many ordinary people into believing that these measures actually do help protect their home values and other financial assets. With a nod and a wink, lots of people climb aboard the bailout bandwagon.
What very few understand, even among the bankers, is that there is a deeper level to this game, in which the bailout itself is a trap. The bailout, as a financial strategy, cannot possibly work, because the financial system has already failed, and like Humpty Dumpty, cannot be put back together again. There are quadrillions of dollars of derivatives bets and other financial claims that can never be paid, because the capacity to pay them does not exist. Should the governments attempt to "print" money in sufficient quantities to save the banks, the result will be a hyperinflationary blowout of the dollar, of the U.S. economy, and of the nation itself. The British poodles may not understand this, but the controllers of the Bank of England certainly do. The Redcoats burned Washington once, and now they wish to burn the whole nation to the ground.
http://www.larouchepub.com/other/2008/3517keystone_cops_fascism.html
May 28, 2008 (LPAC)--With a showdown looming Saturday in Washington over the disenfranchised Democratic Convention delegates of Florida and Michigan, the DNC's Rules Committee received "legal advice" today which is trivial compared to the principled issue involved, said Democratic economist Lyndon LaRouche. "Party lawyers" told the Rules Committee it could only seat 50% of the Florida and Michigan delegations, or only give those states half their apportioned votes at the Convention in Denver in August. But LaRouche's expert estimate is that "Whatever Dean and his stooges say, either the DNC must seat all of the delegates of Florida and Michigan as they were elected in the primaries, or the Democratic Party is looking for the greatest defeat in its history--or even its disintegration."
Organizers from WomenCount, Florida Demands Representation (FDR) and other groups demanding that the states' votes be counted and represented, have gathered hundreds of thousands of petitions, taken out newspaper ads, and say that thousands--perhaps tens of thousands--of Americans are heading for Washington to demonstrate outside the Rules Committee meeting May 31. Sen. Hillary Clinton has called "every vote is counted" a fundamental principle of American Constitutional and civil rights. But Sen. Barack Obama's worried campaign manager, David Plouffe, on May 28 called on demonstrators "not to gather and protest on Saturday: We don't need an unhelpful scene here at the
end."
LaRouche's opinion is that Dean, who created this crisis by attempting complete disenfranchisement of Florida and Michigan against the DNC's own rules, is playing with destroying the Democratic Party's future. "The lunatic from the Iowa caucus," LaRouche called Dean. He even noted that `Screamin' Dean is
discrediting the famous name of `Dizzy' Dean, St. Louis Cardinals star pitcher of the 1930s. "`Dizzy' Dean was a much better leader, and he threw a much straighter pitch," LaRouche noted.
Don't believe it? Who do you think is responsible for the sky-high gasoline prices? OPEC? Nope, it's the London-centered oil cartel, Big Oil, the handful of giant oil companies that dominate the transportation, processing and distribution of petroleum products on the planet. The oil cartel and the financial cartel, also centered in the City of London, run the markets which set the price of oil, and thus the price of products like gasoline and diesel. Every time you fill up your tank, you pay a hidden tax to these cartels. Making matters worse, they use these obscene profits to fund the consolidation of power into fewer and fewer hands, increasing imperial control over the world.
What about high food prices? These are set by the commodities markets, which are jointly run by the British-centered commodities cartels and the financial cartel. As the financial markets die, money is pouring into oil and food speculation because while people may not need CDOs, they do need food and gasoline.
The global financial system has died, and the effects of that death are now being felt worldwide. Quadrillions of dollars of financial bets, and trillions of dollars of assets, have vaporized, triggering a savage deflation of financial values. To try to plug the holes, the central bankers have poured trillions of dollars of loans into the system, and are doing everything they can to convert their worthless paper into government-guaranteed debt. Egging us on are the financiers and geopoliticists of the British Empire, who know that the hyperinflation this process will unleash will destroy the nation-state system, leaving the Empire to pick up the pieces and dominate the world. They prefer genocide to watching the people of the world progress, and move beyond the ancient imperial system into a bright and modern future.
Hyperinflation, overlaid with speculation which drives the necessities of life out of the hands of the lower 80% income group, is a deadly weapon, and is being wielded by our deadliest enemy, the British Empire. If you want to do something useful this Memorial Day, join us in the fight to stop it.
http://www.larouchepac.com/news/2008/05/26/america-under-attack-memorial-day.html
(For more background on this subject: Congress Should Haul In The Queen Of England or a longer treatment in this week's {EIR}.)
http://www.larouchepac.com/news/2008/05/24/congress-should-haul-queen-england.html
THE END OF FREE TRADE: REVOLT BEGINS AGAINST BRITISH POLICY
by Helga Zepp-LaRouche
Not a moment too soon, a group of seven former European heads of state, five former finance ministers, and two former presidents of the European Commission, including former EU Commission head Jacques Delors, former French Prime Minister Michel Rocard, and former German Chancellor Helmut Schmidt, have gone public with an open letter to the EU Presidency and the EU Commission. They warn that the systemic collapse of the global financial system--a collapse which had been foreseen by “farsighted individuals''--brings with it the threat of unprecedented poverty, the proliferation of “failed states,'' migration of entire populations, and further military conflicts. The financial world, they argue, has accumulated a massive amount of “fictitious capital'' (!), with very little improvement for humanity. Among the immediate countermeasures they propose, is creation of a European Crisis Committee, and the convening of a world financial conference to “reconsider'' the current international system and the globalized world order.
Although their letter, which was made public on May 21, does not expressly state so, its unusually sharp tone clearly reflects that the signers are aware of the imminent danger of the eruption of a new fascism: “But when everything is for sale [for profit--HZL], social cohesion melts and the system breaks down.'' And even though the letter's call for an emergency conference does not use the term “New Bretton Woods system,'' its tenor clearly reflects the years-long campaign which the LaRouche movement has been waging for just such a conference. It is also an implicit admission that, in view of the current systemic collapse, the entire design of the Lisbon Treaty, with its cementing into place of a neo-liberal policy, is a non-starter.
The reaction came promptly from one of the most notorious mouthpieces for the British Empire, Ambrose Evans-Pritchard. Writing in the Daily Telegraph, he characterized the letter's “fulminating text'' as the clearest proof of the existence of a European-wide publicity campaign for a “super regulator,'' who would protect citizens from the social risks of modern capitalism. And that, in turn, threatens to reduce Britain's Financial Services Authority to ``a regional branch,'' and would thus “pose a grave threat to the City of London'' (!).
Mr. Evans-Pritchard deserves our thanks for his frankness! He couldn't have been more direct: Any impediment to vulture capitalism in defense of the citizenry, represents a threat to London, which wants to remain the undisputed headquarters of the British Empire (see, for example, “Britannia Redux,'' in The Economist, Feb. 3, 2007), and certainly not a "regional branch.''
The champions of what 19th-Century German-American economist Friedrich List termed the "British free-trade doctrine,'' also must surely be irked that this “fulminating text'' has been made public just at the point when the World Trade Organization (WTO) is attempting to bring the so-called “Doha Round'' to a conclusion, so that, in conjunction with the EU, the last remaining measures to protect physical production and citizens' general welfare, could be entirely eliminated in favor of unrestricted profit maximization. And the last thing they need right now, is a new round of the “financial locust'' debate earlier sparked by former German Vice-Chancellor Franz Muentefering--only now with 14 former top political leaders backing it. Already before the 14 former leaders had issued their letter, an open confrontation had broken out between Pascal Lamy, director-general of the WTO, and French Agriculture Minister Michel Barnier, with the latter rising to the defense of the last remnants of protectionism provided by the European Common Agricultural Policy (CAP), and even proposing the CAP as a model to be followed by Africa and Latin America.
The former UN Special Rapporteur on the Right to Food, Jean Zeigler, in his 2002 book The New Rulers of the World and Those Who Resist Them, describes how at the time of writing, the WTO had already registered over 60,000 transnational firms for trade, finance, services, etc., but that world trade is dominated by only 300-500 firms in the United States, Europe, and Japan. He calls the WTO a “fearsome machine in the service of pirates.'' And it is precisely this war machine which is now attempting, in cahoots with the EU--yet another non-elected, and therefore non-accountable bureaucracy--to achieve optimum conditions for speculators to make a profit.
When one hears that the United States or the EU are negotiating, Zeigler says, in reality it is the planet's 200 most powerful transcontinental corporations which are setting the tone; and that is why the WTO has always been dominated by the transcontinental corporations' rationales, and never by the interests of peoples and their respective states. This unbridgeable conflict of interest between people on the one side, and the British imperialist, free-trade doctrinaire vulture capitalists on the other, who are threatening entire continents and are plunging ever greater masses of people into poverty, has never been clearer than it is right now, at a time when even the financial media are mooting that central banks could go bankrupt, and that the taxpayers will have to pay for speculative losses suffered by private firms.
- Separating the Wheat from the Chaff -
And surely, the wheat never been more cleanly separated from the chaff than it is today, as far as heads of state are concerned. By their own words ye shall know them: The British Empire's neo-liberal free-traders speak of “sustainable development,'' “renewable energy sources," “appropriate technologies," etc., whereas the defenders of the general welfare speak of “food and energy security,'' and the need for expanded production.
And so, the Schiller Institute's worldwide campaign for placing a doubling of food production onto the agenda of the UN Food and Agriculture Organization's conference in early June, is now intersecting a sense of responsibility being shown by a quite a few heads of state in the face of the worldwide crisis.
In a speech which has been completely blocked out by the western media, Egyptian President Hosni Mubarak told the World Economic Forum in Sharm El Sheikh that the world must take responsibility for the poor--not only in the developing countries, but also for the poor in the rich industrialized nations. And therefore it is utterly irresponsible to speculate on food and to use it for producing fuels, which simply ends up making food still more expensive: "Is it reasonable," asked Mubarak, "that some would go ahead with the production of biofuels with support from the governments for its producers? Is it reasonable or even acceptable that agricultural crops are used for the production of ethanol to make the crisis of food prices worse? ... The international community is in need for reassessing the real cost of the production of biofuels, including all its social and environmental effects, and its consequences for the food security of humans." He promised that he will make this important issue a topic at the FAO conference, and expressed hope that this meeting will place both the developing and industrial nations on the right track.
- Eurasia Defends Itself -
But the most important strategic shift by far, is the one currently under way in the aftermath of the newly upgraded strategic partnership among Russia, China, and India, which was agreed upon at a meeting of those three countries' foreign ministers in Yekaterinburg, Russia, on May 15. Underlying this strengthening of their strategic triangle, is the British Empire faction's intent to isolate each nation, so that it may be first destabilized, and then destroyed. Included in this, is London's longstanding campaign against Russian Prime Minister Vladimir Putin, as well as the campaign against China around the Dalai Lama and the Uighurs in Xinjiang. Because, as they rightly fear: Russia, China, and India not only represent together more than one-third of humanity, with the world's fastest-growing economies, but these countries are also now demonstrating clear determination to work jointly to establish a new international order.
In keeping with this, the new Russian President Dmitri Medvedev took his first foreign trip to Kazakstan and China, his top agenda item being extensive cooperation, which, in the words of former Indian Foreign Minister Salman Haidar, is going to tap the full potential of mutual relations among India, Russia, and China.
Shortly before, at an agricultural conference on May 19 in Yessentuki, Russia, Putin declared that food security, stable prices, and developing the agricultural sector are going to be his government's top priorities. Russia not only has the potential to become self-sufficient, he said; it can simultaneously become a food exporter, and can become a major player on the world food market. Putin's remarks at the conference, along with those of Agriculture Minister Alexei Gordeyev, left no doubt that Russia--a country which today must import about 40% of its food, thanks to the “shock therapy'' of the 1990s--will use all necessary subsidies and protective trade measures, and is prepared to ignore the WTO's rules, in order to achieve its goal.
Putin emphasized that in view of the steep rise in food prices on world markets, agriculture has been moved to the top of his government's agenda, because it so strongly influences Russia's domestic situation, and because it especially afflicts the poorest layers of the population. Putin laid out five objectives for Russian agriculture: 1) increase gross output, through increasing the area under cultivation, as well as yields; 2) technological re-equipping of agriculture and the food-processing industry, using long-term credit; 3) achieve price stability by using anti-monopoly regulation and subsidies; 4) risk management; and 5) constant monitoring of the food products markets, and automatic regulation, using import and export tariffs. Putin also ordered a re-evaluation to determine whether Russia's existing agricultural trade agreements are in harmony with its national interests.
- A Question of Morality -
It remains an open question, whether the governments of Europe's nations have the intelligence and moral integrity to follow Russia's example, or whether they will allow the negotiations between the WTO and the EU, and the policies of European Commissioner for Agriculture Mariann Fischer-Boel and of British Commissioner of the EU for Trade Peter Mandelson, to cause Europe's farmers to suffer losses which agricultural experts estimate will be on the order of 30 billion euros ($47.4 billion). The Irish Farmers Association, for one, has announced that it will refuse to accept the WTO agreement. And we can assume that the policies set forth by the EU in these negotiations, will only serve to massively heat up the ferment in favor of a “no'' vote against the Lisbon Treaty in Ireland's upcoming referendum.
The battle between the proponents of “British imperial free trade'' and the defenders of the general welfare and of food security, is the most important conflict facing us today, because the future of civilization hangs in the balance. On the positive side, we can note resolutions passed by the state House of Representatives in Alabama, and submitted to the Michigan House, which call upon the U.S. Congress to take measures to double food production, to halt production of biofuels, to pay farmers parity prices for food products, and to cause the United States to immediately withdraw from the WTO and NAFTA.
It is furthermore extremely significant that for the first time in the post-war era, Japan has now broken from the “Washington consensus'' and is preparing joint measures with a number of African organizations, to set a Green Revolution in agriculture into motion, on the model of what was done in the 1970s.
The FAO conference in early June provides us with an excellent opportunity to correct the failures of globalization, and to take up measures aimed at doubling food production as rapidly as possible. For, if the use of food to produce biofuels is a crime against humanity, then speculating on food is doubly so, and must be outlawed with stiff criminal penalties.
The British imperial free-trade system is more bankrupt today, than the Communist system was in 1989-91, and there can only be one answer to it: The New Bretton Woods system which Lyndon LaRouche had the foresight to propose years ago, must be immediately discussed and adopted at an emergency conference of the world's leading nations. The “fictitious capital'' must be removed from the system, and the economy must once again become dedicated to securing humanity's long-term existence. One part of the Establishment is beginning to understand this. Therefore, if we are to preserve the world's population from immense suffering, there is no time to lose!
http://www.larouchepac.com/news/2008/05/25/end-free-trade.html
