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.''
Ms. Pelosi ought to consider herself in good company, in that previously, LaRouche has claimed that Queen Elizabeth was/is the biggest drug pusher on the planet.
As ever, Lyndon LaRouche needs a douche!
January 31, 2009 12:08 AM | Reply | Permalink
`Aye, there’s the rub’
So far, so good. However, astute readers of these lines already know, that all to be considered on this account is seldom truth or goodness. The most common experience of a person who seeks to be good in the sense I have just indicated, that from childhood, is that he, or she, when pursuing the goals of cognitive self-development toward which I have just pointed above, will often find himself, or herself the target of a “black chick, white chick” phenomenon. Will he, or she, be able to stand up for truth, when a popular or kindred lie is demanded? It is often fairly said, that the principle of torture is “sweet conformity.”
“Why do students lie in school?” As Adam Smith wrote in his 1759 Theory of the Moral Sentiments: in pursuit of pleasure and avoidance of pain. Truth does not necessarily come up for consideration, in either classroom, or playground; what you are expected to repeat, does. Thus, in our society today, speaking truth is usually avoided, and frequently even dangerous. Being popular has its perils, but it is nonetheless the usual goal of those who are, at least temporarily, prosperous and influential, until they come upon what they come to consider the sudden injustice of their own misfortune.
It should become obvious, sooner or later, to those who have some sort of what is called “a realistic outlook,” that the delusions of those who think themselves either successful, or about to become successful, are the chains of delusion through which those who think themselves on the top of things, are mustered to ride herd on those who, for the moment, are on the bottom. However, an exchange of place usually lurks nearby.
Truth lies not in the past or present, but in devotion to a better future. A “better future” usually turns out to be something which develops, as for Niccolo Machiavelli, when one is rather old, or already deceased. Wisdom is usually devotion to what a future generation should experience. This means, in turn, that happiness, in the sense of the passage from Leibniz contained with the 1776 U.S. Declaration of Independence, means an assurance of the future outcome of the present.
Take Shakespeare’s tragedy of Hamlet as a case in point. In the famous soliloquy, “To be, or not to be,” Hamlet contemplates his adopted devotion to his own doom. This is not because there is no alternative; but, there is no acceptable alternative for a member in good standing, even any official of his self-doomed society. The doom lies not within himself, but in the relevant characteristic of his society, a cage formed of the compulsions of adherence to the habit of his society, from which he is unwilling to escape completely. In Schiller’s Wallenstein trilogy, it is not what Wallenstein does, which is his fate, but that which he does not know how to do, precisely because the evil which grips his society, is not his own, but he is a prisoner of both the culture, in the tradition of the Netherlands wars, and a prisoner of the cultural setting of the Habsburgs and Paolo Sarpi, not the Westphalian impulse of a Cardinal Mazarin. After all, Schiller’s Wallenstein is not fiction, but the shadow of real history put on stage as historically truthful drama.
http://www.larouchepac.com/news/2009/02/01/what-nation-nations-dynamical.html
February 1, 2009 10:06 PM | Reply | Permalink
LaRouche counseled, additionally: "Remember the 19th century Opium Wars. They're still going on, buddy!"
February 5, 2009 9:47 PM | Reply | Permalink
February 5, 2009 (LPAC)--LaRouche PAC today issued an updated version of Lyndon LaRouche's Homeowners and Bank Protection Act of 2007, first issued by economist LaRouche in his July 25, 2007 webcast. The full text, formatted for memorialization by local governmental bodies, is included below:
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Homeowners and Bank Protection Act of 2007
Whereas, the failure the leadership of the United States Congress to pass the Homeowner and Bank Protection Act of 2007 proposed by Lyndon LaRouche in his July 25, 2007 webcast, has transformed a dire situation from one that could have remained manageable through the Autumn of 2007, into a breakdown crisis of not only the U.S. economy, but of the world economy;
Whereas, the Congressional leadership instead chose a course of insulting treatment of state and local legislative and associated bodies within the states, who clamored for the Congress to enact the HBPA, as shown in the HBPA's passage by five state legislatures, and more than 150 city councils across the United States, in addition to hundreds of endorsements by trade union and other constituency leaders individually;
Whereas the repeated attempts approved by Congress to bail out financial institutions with cumulative trillions of taxpayers' and Federal Reserve money, have utterly failed;
Whereas, forcing the leadership of the U.S. Congress into more responsible behavior on the HBPA now, is perhaps the only chance to begin to move things in a direction which could lead to saving the United States of America itself from the deepest physical depression in its history;
THEREFORE, be it resolved, that
the City/State of______________________
hereby endorses the Homeowners and Bank Protection Act of 2007, as initiated by economist Lyndon H. LaRouche, Jr. This Act includes the following provisions:
1. Congress must establish a Federal agency to place the Federal and state chartered banks under protection, freezing all existing home mortgages for a period of however many months or years are required to adjust the values to fair prices, and restructure existing mortgages at appropriate interest rates. Further, this action would also write off all of the speculative debt obligations of mortgage-backed securities, derivatives, and other forms of Ponzi schemes that have plunged the banking system into bankruptcy.
2. During the transitional period, all foreclosures shall be frozen, allowing American families to retain their homes. Monthly payments, the equivalent of rental payments, shall be made to designated banks, which can use the funds as collateral for normal banking practices, thus recapitalizing the banking systems. These affordable monthly payments will be factored into new mortgages, reflecting the deflating of the housing bubble and the establishment of appropriate property valuations, and reduced fixed mortgage interest rates. This shakeout will take several years to achieve. In the interim period no homeowner shall be evicted from his or her property, and the Federal and state chartered banks shall be protected, so they can resume their traditional functions, serving local communities, and facilitating credit for investment in productive industries, agriculture, infrastructure, etc.
3. State governors shall assume the administrative responsibilities for implementing the program, including the rental assessments to designated banks, with the Federal government providing the necessary credits and guarantees to assure the successful transition. And therefore,
Be it Further Resolved, that a copy of this resolution shall be forwarded to members of Congress from the state, and also be delivered to the President of the United States, for immediate implementation.
http://www.larouchepac.com/news/2009/02/05/larouchepac-issues-updated-version-homeowners-and-bank-prote.html
February 5, 2009 10:32 PM | Reply | Permalink
Growing Democratic Anti-Pelosi Revolt Goes Back to Bank Bail-Outs
February 4, 2009 (LPAC)--Days after Lyndon LaRouche called for the removal of Speaker Nancy Pelosi and Rep. Barney Frank for "conspiring to bankrupt the country," news is beginning to emerge of a Democratic Congressional revolt against Pelosi's leadership. Some 55 House Democrats have signed a still-circulating letter to Majority Leader Rep. Steny Hoyer (D-MD), demanding that Pelosi stop freezing them out of legislative deliberations. And one of the leaders of the revolt, who says "We're treated like mushrooms most of the time" by Pelosi, says that the Obama White House is encouraging the letter.
Rep. Jim Cooper, (D-TN), in a Feb. 2 radio interview, said, "I probably shouldn't be telling you this, but I actually got some quiet encouragement from the Obama folks for what I'm doing because they know it's [the "stimulus bill"] a messy bill and they wanted a clean bill.... [Members] don't read the bills and figure out whether they're any good or not. We're just told how to vote. We're treated like mushrooms most of the time" by Pelosi. The Members' letter demands that Pelosi return the House immediately to "regular order" where legislation is studied by committees and by the study groups of the caucuses, rather than the leadership putting "emergency" bills directly on the floor for votes.
Significantly, "regular order" was first suspended by Pelosi for the bank bail-out legislation demanded by the Bush Administration Treasury Secretary, former Goldman Sachs CEO Hank Paulson. First, it was Paulson's amendment nationalizing Fannie Mae and Freddie Mac in July; then, Paulson's $700 billion "TARP" bank bail-out bill in September. These bail-out bills were directly opposed to LaRouche's Homeowners and Bank Protection Act, killed by Pelosi and Rep. `Barney Bail-out' Frank; the LaRouche legislation would have prevented those bank bail-outs.
In what may be a reference to Barney Frank, the 55 Members' letter says that they "have grown overly frustrated with how only small and select bands of legislators have been responsible for writing bills, such as the $700 billion Wall Street bail-out as well as much of the $819 billion economic stimulus bill."
In a late development today, Majority Leader Hoyer welcomed and endorsed the content of the rebels' letter.
http://www.larouchepac.com/news/2009/02/05/growing-democratic-anti-pelosi-revolt-goes-back-bank-bail-ou.html
February 5, 2009 10:37 PM | Reply | Permalink