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Week of January 25, 2009 - January 31, 2009

What the U.S. Presidency Needs To Know About the Russians


What the U.S. Presidency Needs To Know About the Russians

 

January 29, 2009 (LPAC)--The following article will appear in the Feb. 6, 2009 issue of Executive Intelligence Review.

What the U.S. Presidency Needs To Know About the Russians

by Michael Kirsch<fn1>

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As the Obama Administration assumes the duty of command, what is the state of Russian thinking with regard to the current global crisis, at a time when that Administration must reach out for collaboration on solving the biggest economic collapse since the 14th-Century New Dark Age?

No one country is safe from the present crisis; no one country can solve the global crisis within its own borders. Presently, if nations do not unite for a solution, they will be destroyed by the British Empire's intent to destroy them; a British Empire which is presently at the end of its own life span.<fn2>

There is now nothing more urgent for the survival of both the United States and Russia, than for the Obama Administration to open the door for a strong partnership with Russia, which excludes all British and kindred imperial influences from within and without our borders. For that partnership to work, however, the Administration must understand the current thinking in Russia with regard to the global crisis.

What follows is an examination of how Russia's leaders have exhibited their thinking in the months leading up to the Inauguration of President Obama, relative to the state of their own and the world economy, and actions to deal with it. First, we shall look at how the crisis has hit Russia, and what the outcome was of the initial, emergency attempts made to remedy it. After this, the deeper-rooted issues which underlie the current Russian failures in economics will be addressed.<fn3> Lastly, we shall examine the ambiguities and struggle in Russia, which reflect the potential for change.

http://www.larouchepac.com/news/2009/01/29/what-u-s-presidency-needs-know-about-russians.html

LPACTV: Pelosi Should Resign


http://www.larouchepac.com/news/2009/01/30/lpactv-pelosi-should-resign.html

LaRouche: Pelosi Should Immediately Resign for Her Role in the Bailout Policy

 

January 27, 2009 (LPAC)--Lyndon LaRouche today called for Nancy Pelosi to immediately resign her post as Speaker of the House for her role in the bank bailout swindle, "which was nothing less than highway robbery of the American people on behalf of special interests.''

"At a moment when our newly inaugurated President, Barack Obama, is enjoying 74 percent support among the American people,'' LaRouche declared, "our Congress, under the mis-leadership of Speaker Nancy Pelosi has the support of less than 20 percent of the people. This abysmal level of support is well-deserved. The moral authority of Congress is in question, rightfully so, because Nancy Pelosi sold out to the likes of George Soros, the biggest dope pusher in the world, and Felix Rohatyn, to ram through the bailout, which has been a total failure, as I knew it would be from the very beginning.''

LaRouche cited his own July 25, 2007 international webcast, where he spelled out the specifics of a bankruptcy reorganization and freeze on foreclosures, which came to be known as his Homeowners and Banks Protection Act (HBPA). "I provided the solution, to get the United States safely out of the very crisis that we are now in. Those allied with Rohatyn and Soros--led by Nancy Pelosi--sabotaged that effort, just as Pelosi earlier sabotaged my proposals for saving what was left of the machine tool and productive capacity of our auto sector. In the case of auto, Pelosi committed a flagrant conflict of interest, because she was working directly with Felix Rohatyn who, at the time, was working to take down the auto sector and turn it over to a bunch of hedge fund predators. That conflict of interest, alone, warrants Nancy Pelosi's immediate resignation as Speaker of the House.''

However, LaRouche continued, `"the greatest crime that Pelosi committed was her role in sabotaging the HBPA and ramming through the bailout, which was highway robbery against the American people. This is one crime that you cannot blame on former President George W. Bush, or on his Treasury Secretary Hank Paulson, alone. Pelosi was the engineer of the bailout bill's passage. It would have never passed the House were it not for Pelosi.

"We had the solution on the table, as of July 2007. We had the backing of state legislatures and city councils all over the United States. We could have avoided the disaster we are now facing, if the HBPA had been passed in September 2007. But, Pelosi, and others in Congress, like Barney Frank, sabotaged it. Pelosi and company were in bed with a class of special interests, personified by Soros and Rohatyn, and instead of protecting the American people and protecting the legitimate chartered commercial banks, through a bankruptcy reorganization, Pelosi presided over the robbery of trillions of dollars in taxpayers money.

"Now, Congress must right all the wrongs that they have done since July 2007. And the first step must be for Pelosi to be forced to step down as Speaker. Congress will never restore its credibility with the American people until she is gone. She must be removed from a position of control, because she betrayed the American people. We certainly need a new Pecora Commission, to investigate this greatest bank robbery in American history, but do not kid yourself. No competent Pecora Commission probe can take place, so long as Pelosi is in the leadership of the House.''

LaRouche called upon all of the state and local elected officials, who mobilized since July 2007, on behalf of the HBPA, to take on the Congress. "The Congress bears the responsibility for sabotaging all of your efforts to win passage of the HBPA, the measure that would have averted the total financial collapse that we are now facing. Almost all of the problems that local and state officials are facing today can be traced to that Congressional betrayal. The Congress must be confronted on this betrayal, and I call on all state and local officials, who have seen their constituents suffer, as the result of the Congressional corruption and cowardice, to take on this problem. And the only appropriate place to start is with the removal of Nancy Pelosi.''

Don't Make the Mistake of Nationalizing the Toxic Assets!


 

 

January 26, 2009 (LPAC)--A pattern of intensifying discussion about the possibility of ``nationalizing'' the bankrupt U.S. banking system, is evident throughout the U.S. press. The latest example was a signal front-page piece in the New York Times of today, which characterized the debate going on behind the scenes. A similar, more alarmist piece appeared on the front page of last week's Wall Street Journal.

In one respect, it is not surprising that such a discussion is going on. The reality is that the U.S. banking system--not to mention that of the world--is bankrupt, and that condition threatens the very survival of the nation. In contrast to keeping on with the practice of one bailout after the other, each failing more miserably than the last, a radical break is required.

However, a process of nationalization, which accepts all the toxic waste which the banking system has accumulated, is just another bailout in disguise. It is no break at all.

What need to be done is what was laid out by leading U.S. economist Lyndon LaRouche in his Jan. 22 webcast: adopt Hamiltonian national banking. We quote:

``We're a bankrupt nation: We need bankruptcy protection. We go to our Federal government for bankruptcy protection. We put the banking system under protection in bankruptcy; we put the Federal Reserve system into bankruptcy. We take, and proceed to enact, a national banking act where we put all the essential functions of banking under protection of a national banking act system: a Hamiltonian National Bank. We use the National Bank as an instrument of credit, which absorbs the Federal Reserve System. Because the Federal Reserve System is bankrupt! And it needs bankruptcy protection. We put it in bankruptcy protection under the creation of a national banking act, a Hamiltonian National Bank.

``Then we take national credit. We take what is worthless, and we call it worthless; we classify it as worthless, as in bankruptcy. We put it out of its misery. And banks which are bankrupt, but which are useful in their function as chartered banks, we'll keep their doors open, we'll maintain their functions, and we will generate Federal credit, as a source of lending power, to get the economy moving again. We will build agriculture, we will build infrastructure--especially infrastructure.''

The alternative to this approach, LaRouche emphasized, is to permit the banking system to collapse into chaos. That is exactly what happened when that traitorous Democrat Andy Jackson destroyed the Bank of the United States in 1836, an act which, in the name of ``helping the little people,'' wreaked absolute havoc with the credit and livelihoods of the vast majority of the American people, especially in rural communities. Today, given the global nature of the crisis, and the fact that it's occurring after 40 years of destruction of the physical economy of the planet, failing to replace the current banking system with an American-style national bank will unleash a process of genocide.

http://www.larouchepac.com/news/2009/01/26/dont-make-mistake-nationalizing-toxic-assets.html

LaRouche's 'Triple Curve' and How to Forecast


LaRouche's 'Triple Curve'

Freeman: I'm now going to move to a selection of questions from institutions based here in Washington, who are tied to the new Administration. The next question comes from a section of the economic advisory group, and they say: "Mr. LaRouche, we represent a multi-disciplinary group centered at Stanford, Berkeley, and Princeton which, since early November, has been tasked with working on your 'Triple Curve Function' as a model for economic analysis. Little argument can be made right now as to its accuracy in defining our current predicament. However, it's my understanding that you developed this model long before our financial instruments, like derivatives, ever even existed. This may be too involved a question for you to address in this venue, but if you can, would you please indicate to us how you were able to forecast this dynamic before the instruments which arguably caused this current crisis were even born?"

 

http://www.larouchepac.com/news/2009/01/24/larouche-webcast-transcript-january-22-2009.html

 

LPACTV: Webcast Excerpt -- The Triple Curve and How to Forecast

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