Helga Zepp-LaRouche reports that at the seventh annual conference of the World Public Forum in Rhodes, Greece, the 500 people from 60 countries that were in attendance, were convinced that the global crisis is a result of the fact that so many decision-makers have reneged on their responsibility for the common good. The conference called for a new ethics in economic policy.
Lyndon LaRouche's speech to the Rhodes Conference. He outlined an immediate, orderly solution to the global crisis, including putting the U.S. mortgage system under bankruptcy protection, and regulating the banking sector to protect it from speculation, thus laying the basis for re-creating the U.S. productive physical economy. This is a critical step to rebuilding the world economy, now collapsing under financier control.
Helga Zepp-LaRouche's speech to the conference. The beginnings of a mass strike against depression austerity conditions in the United States, she said, signify that a large segment of the population has lost any confidence in their government. This opens the possibility of a real change in the U.S., which could lead to conditions for an emergency conference, as proposed by Lyndon LaRouche, to replace the bankrupt monetary system with a new credit system.
Federal Reserve Chairman Ben Bernanke is lying to U.S. creditors that the administration's policy is to keep the dollar strong, while the Fed keeps printing money to bail out the speculative financial sector. But the bailout attempt is killing the dollar as well as the physical economy.
Revive the Glass-Steagall Principle:
First Step To Solve the Financial Crisis
LaRouche political movement leader Phil Rubinstein gave this interview on Oct. 7 to LPAC-TV, on the reason for the establishment of the Glass- Steagall Act during the first 100 days of the Franklin Roosevelt Administration. The repeal of Glass-Steagall played a key role in the present financial meltdown.
A regional security arrangement among these three great powers is essential, but will never happen unless they dump the remnants of British colonial "divide and rule" thinking that policymakers in each country have accepted, and instead, develop each others' trust, through concrete acts of mutual goodwill.
Royal Britannia Hitmen Caught in
Assault on Mexican Nation-State
The government seizure of Luz y Fuerza del Centro (LyFC), the state-run electricity company serving central Mexico, was intended to smash its labor union and open the door to even worse austerity: a New Dark Age.
LyFC Not Bankrupt; World Economy Is!
Tony Blair Dances with the Ghost of
British Fascist Oswald Mosley
The late Sir Oswald, leader of the British Union of Fascists, is the intellectual author of the EU's Lisbon Treaty, whose goal is to eliminate sovereign nations and place them under a supranational dictatorship. Blair is promoting himself to become the new Führer.
UN: Economic Crisis Slams World's Hungry
Palestinians Require a `One-State' Solution
Dr. Ghada Karmi is the author of Married to Another Man: Israel's Dilemma in Palestine; she is an Honorary Fellow at the University of Exeter's Institute of Arab and Islamic Studies (IAIS) of the School of Humanities and Social Studies (Exeter, U.K.).
October Breaking Point