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Helga Zepp-LaRouche
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Der Rubikon ist überschritten!
Breakthrough in the United States: Senator Harkin Introduces Bill to Reinstate Glass-Steagall
Austrian Government: Arming the Syrian Opposition Is Illegal under International Law
Benghazi, Political Targetings, Blanket Confiscations: Impeachment Hangs over Obama
French Party Presents Draft Bill for Glass-Steagall-Type Bank Separation
Brecht aus dem Euro aus, um die Finanzoligarchie zu besiegen!
“Benghazigate”: Threat of Impeachment Hangs over Obama
Ex U.S. Defense Minister Robert Gates Opposes Intervention into Syria
Glass-Steagall LaRouche-Aktionskomitee demonstriert Stärke in Washington
Global Times: Schiller Institute Rep. Comments on “Chinese and American Dreams”
Week Of Action in Washington: Pass Glass-Steagall Bank Separation Law Now!
EIR Sonderberichte
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EIR Magazin
1974 von Lyndon LaRouche gegrundet und wöchentlich in Washington, D.C. herausgegeben
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+++ 20. Juli 2012 +++
Bernanke Covers up for Geithner and Himself...
Federal Reserve Chairman Ben Bernanke had a (relatively) rough time in his session before the House Financial Services Committee on July 18. This time, the Congressmen could not block out the reality of financial breakdown, together with the factional moves for Glass-Steagall in Great Britain and the rigged interest rate scandal.
Why is it, Congressman Michael Capuana asked him, that so many people responsible for the fiscal crisis of 2008 “walked away scot free”, because the government took no action. His colleague, Brad Miller, wanted to know why Tim Geithner, then head of the New York Federal Reserve did not initiate any criminal prosecution. Bernanke, as usual, remained evasive, although calling the manipulation “unacceptable”.
He was also pressed on this issue as a criminal matter by Frank Lucas, a leader of the Agriculture Committee: "Press reports have indicated that the New York Fed first learned of possible rigging at LIBOR in 2008. However, when the CFTC announced the enforcement action and the $200 million fine against Barclay's in June, they said the interest rate rigging continued sporadically well into 2009. Chairman Bernanke, did anyone at the New York Fed inform the Federal Reserve in Washington, D.C., of potential rigging in 2008?"
The reference to the "New York Fed" clearly means Tim Geithner.
Maxine Waters, whom Barack Obama has desperately tried to drive out of office, suggested to Bernanke that he remove the LIBOR criminal banks from the Fed's list of primary dealers in government securities. Hers was also the only mention of HSBC money laundering.
Over the course of the hearing, Bernanke became visibly more nervous but maintained his characteristic evasiveness.
In his testimony before the Senate Banking Committee the day before, the Federal Reserve Chairman had as good as justified the LIBOR rigging by big banks and the indifference to it by Treasury Secretary Tim Geithner. He claimed that the Barclays Bank executives were "only", perhaps even "understandably", manipulating the world's most important interest rate to improve their bank's position, and not its derivatives profits.
And it got worse. In response to Sen. Jeff Merkeley, Bernanke claimed that the Fed only learned of bank traders blatantly demanding false LIBOR submissions which would maximize their derivatives bets at the expense of clients, "recently, from the CFTC's investigation." That investigation is more than four years old!
Merkeley then read some telephone transcripts showing clear fraud and manipulation of LIBORs by bankers for specific derivatives profits. "Does this constitute fraud? Does this fall into a criminal area?" he asked Bernanke, who answered, "It does seem to be so, yes."
And, incredibly, when Merkeley asked if the Federal Reserve didn't have the responsibility to alert customers, such as the municipalities making swaps and the people getting mortgages based on LIBOR, the Chairman said no. Why? Because "the financial press was full of stories. So I think there was a good bit of knowledge, at least among more sophisticated investors, about this problem."
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+++ 17. Mai 2013 +++
Breakthrough in the United States:
Senator Harkin Introduces Bill to Reinstate Glass-Steagall
May 16, 2013, on the 80th anniversary of the introduction of the original Glass-Steagall Act alldopted under President Franklin Roosevelt in 1933, Democratic Senator Tom Harkin of Iowa introduced Sena... [weiter]
+++ 17. Mai 2013 +++
Austrian Government: Arming the Syrian Opposition Is Illegal under International Law
The Austrian government has issued an official position paper, now circulating among EU member states, in opposition to the British-French proposal for lifting the arms embargo in Syria. Dated May 13,... [weiter]
+++ 17. Mai 2013 +++
Benghazi, Political Targetings, Blanket Confiscations:
Impeachment Hangs over Obama
Salon.com ran a banner headline on May 14, asking "Which Obama scandal will inevitably lead to impeachment?" "The IRS, the AP or Benghazi?" Indeed, the White House was still being rocked by the hearin... [weiter]
+++ 17. Mai 2013 +++
French Party Presents Draft Bill for Glass-Steagall-Type Bank Separation
Not only the French government, but all other political forces in France, from the far left to the far right, have given up the fight against the financial casino and for an actual separation of the b... [weiter]
+++ 14. Mai 2013 +++
Brecht aus dem Euro aus, um die Finanzoligarchie zu besiegen!
Das große deutsche Magazin Focus berichtete in seiner Ausgabe vom 13.5., was wir schon schon mehr als einen Monat zuvor aufgedeckt hatten: daß die EU das „Zypern-Modell“, d.h. die Enteignung von Bankg... [weiter]
+++ 14. Mai 2013 +++
“Benghazigate”: Threat of Impeachment Hangs over Obama
A potentially historic hearing took place on May 8 before the House Oversight and Government Reform Committee on the terrorist attacks in Benghazi, Libya on September 11, 2012. Despite the explosive r... [weiter]
+++ 14. Mai 2013 +++
Ex U.S. Defense Minister Robert Gates Opposes Intervention into Syria
When Israeli air strikes against Syria on May 3 and 5 brought the Middle East and the world as a whole to the very edge of war, leading circles in Russia and the United States and China intervened at ... [weiter]
+++ 14. Mai 2013 +++
Glass-Steagall LaRouche-Aktionskomitee demonstriert Stärke in Washington
Ab dem 6.5. veranstaltete das LaRouche-Aktionskomitee eine intensive Aktionswoche in Washington, in der es auf sämtliche Ebenen der Regierung einwirkte, um den Druck auf den US-Kongreß, das Glass-Stea... [weiter]
+++ 14. Mai 2013 +++
Global Times: Schiller Institute Rep. Comments on “Chinese and American Dreams”
Since taking office, Chinese President Xi Jinping, who is also the head of the Communist Party, has sounded the theme of the "China Dream" of economic, social, and political progress, to reduce the va... [weiter]
+++ 10. Mai 2013 +++
Week Of Action in Washington:
Pass Glass-Steagall Bank Separation Law Now!
The LaRouche Political Action Committee held a week of action in the United States from May 6-10 to rally support for immediate legislation to restore a strict separation of banks, in compliance with ... [weiter]
+++ 10. Mai 2013 +++
An Urgent Appeal for Glass-Steagall from Helga Zepp-LaRouche
Helga Zepp-LaRouche, founder of the international Schiller Institute, issued an urgent appeal from Germany for the citizens of the United States and the U.S. Congress to immediately act to reinstat... [weiter]
+++ 10. Mai 2013 +++
New Greek Party Calls for Return to Drachma and Bank Separation
The new party, which wants Greece to leave the Eurozone, is called the Greek Democratic Five-Star Movement, abbreviated as the Drachma Five, the five standing for the basic positions of the party: 1)... [weiter]
+++ 10. Mai 2013 +++
Syria Crisis: Russia and United States Agree on a Major Diplomatic Move
Following a visit of U.S. Secretary of State John Kerry to Moscow, May 7, and his discussions with his counterpart Sergei Lavrov and with President Putin, it was announced that Russia and the United S... [weiter]
+++ 10. Mai 2013 +++
Syrian General Idriss, Handpicked by the West, Admits He Controls Nothing
The Free Syrian Army (FSA), it turns out, is little more than a brand name, with little substance, if any, in the Syrian opposition. The person picked by the West to head the military opposition to th... [weiter]
+++ 7. Mai 2013 +++
Alternative für Deutschland:
Eurokritik als Deckmantel für National-Monetarismus
Die neue Partei „Alternative für Deutschland“ (AfD), die im Februar als vermeintliche „Anti-Euro-Partei“ gegründet wurde, erregt ungewöhnlich viel Aufmerksamkeit in den etablierten Medien. Viele Bürge... [weiter]
+++ 7. Mai 2013 +++
AfD: National Monetarism in “Anti-Euro” Clothing
The new political party, “Alternative for Germany” (AfD), which was founded last February in apparent opposition to the Eurozone policy, has since received surprisingly wide coverage in the mainstream... [weiter]
+++ 7. Mai 2013 +++
South-West Asia on the Verge of All-out War?
Twice within 48 hours, on May 3 and 5, Israel launched missile attacks against targets inside Syria, prompting Syrian President Bashar Assad to accuse Israel of declaring war on his country, in allian... [weiter]
+++ 7. Mai 2013 +++
Südwestasien vor einem umfassenden Krieg?
Israel hat zweimal innerhalb von 48 Stunden Ziele innerhalb Syriens mit Raketen angegriffen. Der syrische Staatspräsident Baschar al-Assad nannte dies eine Kriegserklärung Israels gegen sein Land im B... [weiter]
+++ 3. Mai 2013 +++
2008-2012: Shocking Figures of Youth Unemployment Soaring in Europe and the United States
One of the most efficient ways of destroying a nation and reducing its population, short of outright killing, is to induce skyrocketing youth unemployment. It destroys the future potential of the prod... [weiter]
+++ 3. Mai 2013 +++
New Book Demonstrates "Why Austerity Kills", and Needlessly So
The European Union and the United States have imposed deadly cuts in social spending over the past years in a futile effort to bail out the bankrupt trans-Atlantic banking system. The toll on people h... [weiter]
+++ 3. Mai 2013 +++
Russian Anti-Drug Czar Proposes Economic Development to Counter Drug Trade
Over 100,000 deaths per year! That is the incredible number of Russians who die of drug addiction, with young people most hard hit. The bulk of the opium/heroin comes from Afghanistan, where producti... [weiter]