November 23, 2008
Dateline California, 11/23/2008
I’d like to know why abolishing the “money as debt” paradigm that is legally implemented by the Federal Reserve System, isn’t Lyndon LaRouche’s overarching, coherent, and very first-order solution?
His prescription, as reproduced below, is only useful as a bandaid – or more accurately, as a topical treatment – of the current financial crisis, and by keeping the systemic illness intact, undiagnosed, latent, it leaves wide open the monetary conspiracy for world government under control of the private central banks:
‘ “This is the big explosion, detonating right now,” LaRouche warned. “And so far, I am offering the only coherent solution–bankruptcy reorganization of the entire global financial system–starting with the cancellation of all derivatives obligations. My solution poses an existential threat to the entire Anglo-Dutch financial system of globalization. I know it, many leading bankers and government officials around the world know it, and, of course, the British know it. This is why the fear has turned to outright panic. We are nearing the showdown moment.” ‘ ( LaRouche: From Fear To Panic As Derivatives Crash Hits, Nov. 21, 2008. )
Indeed, if one examines Larouche’s documentary film “1932” about President FDR’s New Deal presented in the backdrop of a broad swipe of Anglo-American history, one notices, amidst the excellent explanation of the British Empire and its organized global free trade, amidst accurate analysis of Lincoln’s stance against the British imperialists, and amidst the insightful exposition of post Civil War miracle of industrialization of the American continent and the lead up to FDR, the bizarre praise of Alexander Hamilton.
Filed under: Business, Dandelion Salad Featured Writers, Economy, Politics, The Economy Sucks and or Collapse 2 Tagged: | dandelion salad, Dandelion Salad Posts News Politics and-or Videos, dandelionsalad, Ebrahim-Zahir, The Economy Sucks and or Collapse