Latest From LaRouche
January 21, 2006
Both the U.S. economy, and also the world's economy, are now in the grip of the very advanced stage of what is, physically, not a mere economic depression, but a general physical breakdown-crisis of global society. Under any attempted continuation of the current, self-destructive trends in economic and related policies under U.S. President George W. Bush, Jr., the situation of the U.S.A. would become worse than merely precarious, that within a very short time to come.
In this light, there is no competent conduct of political business currently before the institutions of Federal, state, and local government which does not approach every leading issue of national and global policy from the standpoint of the immediate need to face the reality of a currently onrushing global economic breakdown-crisis of the existing world monetary-financial system as a whole. Failure to adopt an appropriate new global economic and monetary-financial system akin to President Franklin Roosevelt's intention for the Bretton Woods fixed-exchange-rate system, would represent reckless disregard for the continued existence of civilization.
In fact, there is no presently leading issue facing any and every part of the world, such as the spread of the continuing asymmetric warfare in Southwest Asia, and no other issue of U.S. national security or internal general welfare, whose solution does not depend on actions which must be premised on adopting a general, FDR-style, global economic and monetary reform as the entire platform on which solutions to any leading issue of policy must be addressed.
The pivotal issue on which all those strategic and related matters of policy-reform hang, is the battle of the giants, the titanic struggle, begun in 1763-1776, between the Anglo-Dutch Liberal system and the legacy of the American System of political-economy. The issue now takes the form of a global struggle whose outcome will determine whether or not this planet will be organized on behalf of a cooperative search for promotion of the general welfare among the members of a system of perfectly sovereign nation-state republics, as Franklin Roosevelt had intended at the time of his death. Or, a new, global form of a Roman world-empire, in which that latter global system is maintained, as the Roman Empire of the Caesars was, by a system of permanent warfare, akin to that which the Bush-Cheney Administration has directed its adopted mission since no later than the time current Vice-President Cheney was U.S. Secretary of Defense under President George H.W. Bush I, the policy announced by a would-be imperial President George W. Bush II in his January 2002 "State of the Union" address....