by Helga Zepp-LaRouche
The financial “reform bill” just passed by the U.S. Senate, with its milewide loopholes for speculators, along with the lack of any effective action by the G20 or the German parliament, could lead, any day now, to a complete disintegration of the world economy. But, if Lyndon LaRouche’s proposal for a Global Glass- Steagall were enacted now, it would still be possible to step back from the abyss.
The LaRouche Political Action Committee reissued its call for the impeachment of President Barack Obama on May 22, in the form of a video outlining the bill of indictment. The transcript is presented here.
Documentation: Statements on the financial reform bill and Glass-Steagall, by Senators Maria Cantwell, Russell Feingold, Ted Kaufman, and Tom Harkin.
by Lyndon H. LaRouche, Jr.
Although a relatively few U.S. economists have understood certain essentials of “the how and why” of LaRouche’s uniquely successful record in economic forecasting, most others have not. The root of their failure, is that they worship the “magic of the marketplace,” and money as such. Therefore, the relevant question is: What is the secret?
by John Hoefle
The death of the Glass-Steagall regulatory safeguard in 1999 was a disaster for the the world. Freed from the prohibition against mixing commercial banking and investment banking, the largest U.S. banks became the personification of greed; and that greed, unchecked by regulatory safeguards, destroyed our economy.
by Michael Billington
by Michele Steinberg
The mass strike upsurge that began last August reached a crescendo in the May 18 primary elections, as incumbents went down in state after state. This was not, as the purveyors of punditry would have us believe, a blind rage against “Washington,” but, a deep sense of outrage and betrayal at what the Obama Administration and its Congressional allies have done to destroy this country.