+++ 4. November 2016 +++
Glass-Steagall Erupts in US Elections
Donald Trump, in a speech in North Carolina on Oct. 26, issued a direct call for implementing the 21st Century Glass-Steagall Act, which is currently pending before both the Senate and the House of Representatives. Whatever Trump's motivation, his intervention did serve to focus at least some attention on this crucial issue in the last two weeks of the election campaign.
In fact, the re-enactment of strict banking separation was included in the election platforms of both the Democratic and Republican parties during their nominating conventions last July. It was adopted at the time under pressure of the rank and files, who were and are furious at the unpunished crimes of Wall Street.
Since then, the issue has not been brought up much publicly, outside of the LaRouche movement. Hillary Clinton, however, when asked, has repeatedly stated her opposition to separating the banks, while Trump had avoided the issue. Whether he raised it now for electoral reasons only, because it's so popular, or if he really does support curbing Wall Street excesses, is unclear.
In any case, Wilbur Ross, one of the 14 economic advisors forming Trump's campaign brain trust on economic policy, has supported breaking up the big banks since at least Oct. 2012, and he restated it on Fox News the day after Trump's speech.
According to new poll information, voters in the vital swing states overwhelmingly support the re-instatement of Glass- Steagall and other measures to break up the big Wall Street banks. According to the poll by the Lake Research Partners, 70% of voters in Florida, Pennsylvania, Missouri and Ohio want Glass Steagall now. The poll concluded the “Public frustration with Wall Street recklessness and greed is high and cuts across the political spectrum. Whoever wins this election should make turning this outrage into real change a high priority.”
The recent revelations on massive fraud at Wells Fargo bank has added significant weight to the calls to break up the megabanks. There again, the bank was ordered to pay a fine, but none of those responsible for ripping off the customers was held accountable.
Lyndon LaRouche commented, on Trump's call for Glass-Steagall, that whatever the results of the various elections, this is the essential policy that must be implemented. But that would only be a starting point. What must be done, overall, is to “enact a Hamiltonian policy of saving the United States. That is what really counts. And that message is resonating.”
~ deutsch + english ~
+++ 21. Dezember 2016 +++
Terror: Obama Issues Threats to Kill
On receiving the first reports, on Dec. 19, of the assassination of Russian ambassador Andrey Karlov in Turkey, American economist Lyndon LaRouche declared: “Put Obama on the list of suspects.”