+++ 7. August 2012 +++
U.S. Congress Heeds LPAC Call to Postpone Vacation
A clear indication of the deepening global crisis came from the U.S. House of Representatives on Aug. 2, when 78 Republicans joined 187 Democrats to vote against adjourning until Sept. 4. Beyond the various superficial reasons given, a majority of House members realize that the nation is in an existential crisis, and that the population holds them responsible for doing nothing.
Over the preceding two weeks, a strike force of young activists from LaRouchePAC had carried out an unprecedented blitz of the institutions of government in Washington, D.C., focusing on two major tasks. They demanded action from Congress on the global economic/financial collapse, by passing the bill (HR 1489) to restore Glass-Steagall banking regulations, which would end the bailouts, while removing any governmental obligation for the hundreds of trillions of dollars of worthless speculative debt held by the banks. That measure would be combined with a return to a system of national credit, and funding of a major infrastructure program.
This intersected the growing international movement for two-tiered banking, which was boosted these last two weeks by the about-face of Sanford Weill, who prominently admitted that it is necessary to restore Glass-Steagall -- which he had played a leading role in repealing, in 1999 -- and editorials in leading press, including the Financial Times, New York Times and Los Angeles Times, as well as in Der Spiegel, admitting that Glass-Steagall is urgently needed. Weill's Damascus Road conversion, in particular, had a huge impact, as it was cited in several Congressional hearings, by supporters of HR 1489, and was the subject of animated discussion throughout the halls of Congress, and in the many meetings with Congressmen and staffers held by the LaRouchePAC activists.
Adding to the heat for an effective separation of the banks are the unfolding revelations around LIBOR, and the drug-money laundering charges against HSBC. They have put tremendous pressure on Congress to do something against the criminal activity of leading bankers and financial institutions, which is at the heart of the present global financial breakdown crisis. This includes taking action against the Obama administration, which has not only covered up for these crimes (as in Geithner's role with LIBOR), but has actively supported the continuation of this activity.
The second issue raised by the LaRouchePAC deployment is the intensification of a danger of a thermonuclear World War III, stemming from the Obama administration's escalation of the process of regime change against the Assad government, and its insistence of keeping a strike against Iran "on the table." Many Congressmen expressed concern that, if the Congress were out of session, the "guns of August" scenario would unfold, with nothing to hold back an increasingly desperate Obama, from moving beyond the threshold to launching thermonuclear strikes against Russia and China.
Despite the effects of the deployment of LaRouchePAC, and the imposition of reality, in the form of the crash of the euro, the collapse of food production due to spreading drought conditions, and the intensification of fighting in Syria (and the admission of the Obama administration that it signed an "intelligence finding" granting wide support for the "rebel" forces there), the Congress failed to take action as the deadline approached.
The House vote against adjournment is thus an implicit recognition of its failure to respond to the crisis, as it leaves the door open to coming back in for emergency sessions. The LaRouchePAC mobilization will continue, and will escalate, both in Washington and in the districts. Whether the Congress returns to Washington this August may determine whether the U.S. will survive this confluence of crises.
~ deutsch + english ~
+++ 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...
+++ 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...
+++ 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...