|This transcript appears in the February 25, 2000 issue of Executive Intelligence Review.
`Don't Vote for the Lions,'
LaRouche Urges Michigan Voters
The following is the transcript of a half-hour television spot purchased by
Lyndon LaRouche's Presidential campaign, which aired in Michigan on Feb. 13 and
on Feb. 19 on WWJ-TV.
Lyndon LaRouche: Most voters today vote like fans
cheering at a football game or wrestling match. They vote like Romans, sitting
in the grandstand, cheering, watching Christians being torn apart by lions. Most
voters today, on the day after the election, begin to wish the candidate for
whom they cheered the loudest, had never been born. Now, that may be a slight
exaggeration, but not much.
Today, what you're hearing from most candidates on the
television debates, so-called, has nothing to do with the leading issues which
will decide the fate of this nation in the coming years. We're in the middle,
presently, of the worst financial crisis in over 100 years. Exactly when it's
going to blow up, no one knows. It could be tomorrow. Japan could blow up and
then the U.S. markets would collapse; or a Russian crisis. We have other crises;
we have military crises, since the middle of 1998, in various parts of the
world: wars, mini-wars, larger wars--patterns of wars spreading all over the
place. Ecuador no longer exists as a nation. Venezuela is disintegrating.
Colombia is being torn apart. Argentina is disintegrating. Brazil is ready to
blow up. Most of Sub-Saharan Africa is disintegrating. The governments of
Europe, Germany, and Japan are in deep trouble, and may disintegrate too, under
the weight of the new scandals being orchestrated from the United States and
from Britain. These issues, which will determine your lives, and determine
whether there's any money or not, to pay for health care, or education, or
Social Security--these issues are not discussed by these candidates.
The story is, that the voters constitute about 30%, of the
total voters who should be eligible to vote--the voters in any election. That of
the voters who vote, who determine the outcomes of these elections, most come
from the upper 20% of family-income brackets. Most of those in the upper 20% of
family-income brackets, make their living, not as we used to, not as top
professionals, or as top industrialists used to; they make their money as
so-called middle management; in financial and service operations. They get
salaries, perhaps, of $50-70,000 a year, and they get stock options bonuses as
well. They're up to their ears in hock, and when the $300,000- to million-dollar
house caves in because they're not able to pay the mortgage any more, then where
will they go? Will the house blow out? Where's a job for them? The nation goes
into chaos. Where's that so-called--nonexistent--budget surplus which people
keep talking about? It doesn't exist. The system's going. The question is, what
do we do about it?
The system is going to blow soon
Now, when the system goes, is not the issue. Exactly
how it goes, is not the issue. The only fact is, it's soon. For example,
just this past week, and the week before, in Europe and the United States, there
was the biggest turbulence, rumbling underneath the markets, that there has been
in more than two years. Probably bigger than what happened in 1998, when the
LTCM [Long Term Capital Management hedge fund] blew out. Bigger perhaps, than
the Brazil crisis of February 1999. Big rumble. Bond markets were involved.
Derivatives markets were involved. All kinds of things were involved. The most
turbulence we've seen in a long time. So, if you don't know when the system is
going to collapse, you know that that turbulence, that rumbling, tells you that
something big is going to happen soon. Maybe not the Big One, but a
fairly big one. At that time, people are going to have to change the way they
They want to know what's going to happen to our economy. What
about the local factory, what about the bank? What about the job, what about the
community? How do you distribute tax income where the tax income is collapsing,
because the economy is collapsing? What do we do about it, then? Well, it's very
simple. There are solutions--you go back to the 1930s, to Franklin Roosevelt;
and Franklin Roosevelt had an approach, whether you agree with every detail of
what he did or not, the man, as President, was committed to the General Welfare,
and took emergency measures as needed, to defend the General Welfare. He got us
through the Depression, he got us through most of the war, and he laid the
basis, in 1944, for a postwar monetary system that worked very well, at least
for us and for Europeans. It worked very well until 1959, it worked very well
until the middle of the 1960s, and then it began to degenerate. From 1971 on,
when Nixon made that foolish mistake he made that August, the world economy,
especially the U.S. economy, has been deteriorating. Yes, some people have more
money. They have more money because they're able to borrow it, or because
they're getting capital financial gains--which they may not be getting for much
longer. But most of our population, in the lower 80% of the family-income
brackets--and that's only half of the total family income of the nation--they're
worse off than they've been before.
You know, people who talk about prosperity and boom, forget.
They're the same people who are telling us we can no longer afford the health
care we used to be able to guarantee. We can no longer afford the education we
used to be able to guarantee. We say we can no longer guarantee Social Security,
the way we used to. How is it that we're more prosperous, if these things were
true? One of the two has to be false. I'll tell you, it's the first--the
Now, how are we going to change this? The politician you're
hearing, is generally talking to, mainly--maybe McCain's doing it a little bit
differently, maybe Bradley--but generally they're talking to the upper 20% of
the family-income brackets, from where they get their campaign money, where they
get their voting support. From the strata of the population that controls the
bureaucracy of the Democratic and Republican parties. That's who they're
speaking to. They're speaking to the money, not to the people. The lower 80%,
who live with all these problems--the African-Americans, the Hispanic-Americans,
the Asian-Americans, labor, senior citizens--they're not addressing the issues
that they face. That's 80% of the families of the United States, who are living
in worse conditions, less secure conditions, more perilous conditions, than they
have at any time during the past 30 years. Nobody's addressing them.
The vital interests of the nation as a whole
Well, the problem is, you've got to change things. You saw a
bit of it in New Hampshire, where the Democratic Party machine, the party
bureaucracy, found itself swamped, when the independents went in to vote. Far
more people turned out than they expected. And maybe, maybe Bradley actually won
that primary; we don't know yet. But certainly, when the independents swarmed
over onto the Republican side, they sent George W. Bush to, perhaps
much-needed, showers. And it may happen again, probably will. But the point is
this: In this nation, the people, who include African-Americans,
Hispanic-Americans, Asian-Americans, Arab-Americans, and so forth, they are the
ones who are poorly represented. If they can get together around one common
issue, the issue of defending the General Welfare for the entire population,
they represent--not the so-called top 20%--they represent the
My job is to get you to do that. To join with me in bringing
together a coalition which represents the vital interests of the nation as a
whole, and represents also the vital immediate interests of the lower 80% of our
family-income brackets. You've got to turn this election around. Forget
the candidates who have pitched to you what you hear now, as the so-called
national television debates. Forget it--they're saying nothing. We have a crisis
on our hands, it's coming down fast, it's going to hit hard. You need not fear,
if you get me as your President, as you get 80% or a good part of them into the
polls to vote their vital interests, and the vital interests of this
The real economy has been looted
Let's talk about the issue of the economy. Why is the story
you're hearing from the President, and other candidates about the economy, a lot
of nonsense? Look at the figure you're seeing on the screen now. Let's call this
the Triple Curve [Figure 1]. It's something I've used for a number of
years to explain to people in the simplest terms possible, what's wrong with the
world and U.S. economy. What went wrong, beginning about 1971, and has been
getting worse, ever since.
The top curve, the one which, toward the right, zooms upward,
is the growth of what we call "financial aggregate." That is the total amount of
outstanding claims, of financial value, debt and so forth.
The second one, which also curves up, but more slowly, and is
now accelerating in the rate of growth, is called "monetary aggregate." That
means money pumped into circulation by central banks and related
The third curve, which points downward, is "physical
aggregate." That is the total value, as compared in market-baskets, say, for the
years 1966-68, the market value, in physical terms, of the content of a
market-basket of food, clothing, housing, education, and so forth, that you
receive, as a member of society, as family income. Now, this is going
down, per capita, actually. That is, if you compare what you could get
with a certain kind of work, say, factory work, in 1966, 1968-69, you will find
that the market-basket you get for your work today is actually less, in
terms of real, physical value, than it was then. That's why people are working
two to three jobs, to try to keep up with--usually unsuccessfully--what they
were able to accomplish with one job plus something extra, back 20, 30 years
It's going down. You're losing industries. Where's the
factory that disappeared? What happened to the farm that's going out of
business? What happened to the infrastructure that's decaying? What about the
quality of the goods you get? Junk! Coming from slave labor in some poor
country, rather than a good product made in the United States, by U.S. former
industrial standards. It's going down.
These three things are related. What has happened, especially
since Nixon's decision, of August 1971, is that there's been a gigantic ripoff,
worldwide, of looting of previous investments in infrastructure, manufacturing,
and so forth--capital investments. Also looting of income, beginning with Phase
I and Phase II of Nixon's program. So, the real economy has been looted,
in order to extract cash, or the basis for cash, in order to support, through
Federal Reserve and similar kinds of discounting, a growth of monetary
aggregate--that is, money printing and similar types of vice.
This money, which is printed, now pumps into, on what's
called a leveraged basis, into financial speculation, and this really took off
after Volcker's foolish measures of 1979-82--Paul Volcker as Federal Reserve
chairman. And then, with the Garn-St Germain bill, and the Kemp-Roth bill, the
big financial ripoff of America began. And also of the world. You'll find a
steady growth, first steady, then going up, financial aggregates, growing and
growing, through junk-bond takeovers and things like that, while monetary
aggregate increases to fund this--while in the meantime, the real economy
Now, this has begun to accelerate: 1987 was a turning point;
1992 was another big turning point--1989-92. It's zoomed since then. Now
we have, in the world market, well over $300 trillion of pure gambling debts.
These are called financial derivatives. The biggest fund of so-called assets and
liabilities in the international financial system, are nothing but gambling
debts. That is, they are side bets. They're not investments in
production. They're not investments in employing people to produce.
They're not investments, certainly, in providing more medical services, or
health services generally. Not investments in providing more real education.
These are pure ripoffs, in which the economy is looted through mergers
and so forth, more and more, to feed this bubble of speculation which goes
skyrocketing up--and the economy goes down and down. As the economy goes down,
what do they do? The Congress and Wall Street begin to talk about entitlements.
They say, there are all these entitlements. Government entitlements.
Social Security, health insurance, all of these entitlements out there.
Education. We can rip 'em off! And that's what they're doing. They're ripping
off health care with acquisitions and privatization. They ripping off education,
with similar methods. Ripoff! Ripoff! Ripoff!
Financial values skyrocket, derivatives skyrocket, the
monetary aggregate increases, to try to keep the financial bubble going. The
real economy, goes down. And the lower 80% of the family-income brackets know
it. You compare what the percentile was of the U.S. population, which had 50% of
the total national income, 30 years ago, 20 years ago, 10 years ago. You find
there's a steady growth in the income of the top 20%, which is all tied,
chiefly, to financial speculation. There's a steady collapse of the
absolute income of people in the lower 80%. So that the people in the top 20%
have half of the national family income, while people in the lower 80% have less
than half the total, national, family personal income. That's what's
This is a bubble
Now, this bubble is like a chain letter. Some of you are old
enough to remember the Pyramid Club scam of 1949-1950. Some of you have read
about the South Sea Island and Mississippi bubbles of the early 18th century.
Some of you have heard about Ponzi schemes. Some of you have heard about the
Tulip Bubble panic in the Netherlands in the seventeenth century. That's what
this is. This is not an economy, this is a bubble! And you've got 20%
of the upper income brackets are mostly bubble-headed people, who think about
nothing but getting more money out of this bubble, which they take their capital
gains from the bubble, and they hock them for credit, go more deeply into
credit, to buy big mortgages on tar-paper shacks with Hollywood exteriors, and
probably some fancy gold faucets in between, in the plumbing.
This is what the nation's become. This is what the world has
become. We don't produce our own food any more, the way we used to. When farmers
of my generation die, or go out of business, there won't be family farms
as we used to know them. The family farms that made America strong--they won't
be here. The industries--we don't have the competence to run industries any
more, the way we used to. We can't get our satellites to go up properly. We have
lost competence, because we've stopped investing in the kinds of
employment and activities which once made us the world's leader in technology.
Oh, we're still able to bomb a lot of countries; we still have a lot of physical
power, while it lasts. But we're not the nation we used to be, any more. And
that's the truth about our economy.
Let's think of it. You see the financial values going up.
Watch people betting on Wall Street. "Everything is fine! Wall Street--Look at
the Wall Street index! Look at the Dow Jones; it's going up, going up! It's
great, wonderful! Going up!"
Like a hot-air balloon, going no place, until it pops. But
then, look at reality, the reality which is faced by the lower 80% of
family-income brackets. Look at the lost factories, the lost jobs, the lost
farms, the lost quality of product. You go into a mall to get goods, which are
produced by cheap labor, dumped into a mall. You're ashamed even to look at it,
let alone buy it. We used to take pride in the quality of what we produced.
That's gone, we don't even produce it any more. We're so happy to get slave
labor to produce it cheaply, we don't care that much about the
That's the truth about our economy.
Yes, there's a lot more to it, but I thought just this
explanation might be helpful to some of you who wonder how you can talk some
sense into your neighbor.
The `General Welfare'
That said, now let's talk about the General Welfare itself.
Now the term "General Welfare" you probably recognize from the Preamble of the
U.S. Federal Constitution. Now that Preamble, taken in its entirety, is actually
the fundamental law of our nation, the fundamental, Constitutional law. The rest
of the Constitution is an appendix, for implementation of what is summarized in
The Preamble of the Constitution, particularly the phrase on
General Welfare, has a big history behind it. Until about 500 years ago, or
slightly longer, the nations of European culture were dominated by a form of law
called oligarchical law, or imperial law. The populations of these nations had
no rights. The authority of law was embodied either in an emperor, or in some
oligarchical class and its permanent bureaucracy, such as the Roman imperial
permanent bureaucracy, which treated the majority of the population as no better
than a convenience, in service of whatever class ruled the government, or
controlled it, or owned it.
It was only in the 15th century, beginning with developments
in France and then England, the France of Louis XI, the England of Henry VII,
that a new form of state was formed, based on the concept of the General
Welfare. Another term that was used in the English language to describe this
concept of General Welfare, was Commonwealth. You may note, for example, we have
a Commonwealth of Massachusetts in the United States, we have a Commonwealth in
various other parts--states of the nation. This concept came from that. The
United States was actually the first nation, the first modern nation, which was
founded on the concept of the General Welfare. There are many people in European
nations who share that view, but European governments today are not based on the
notion of Commonwealth or General Welfare. The European governments today are
reforms, democratic reforms, imposed upon forms of government left over from
feudalism. That is, they're called parliamentary governments, in which the
people have certain parliamentary rights to influence government, depending upon
how many concessions have been obtained, but finally, there's a state
bureaucracy, with some pretty powerful financial interests behind it, which will
topple governments, by arranging scandals and crises, bringing them down, the
way some people tried to bring down Clinton in that funny impeachment
Our government is unique. Our Constitution is unique. Our
authority in government is this: We say, as the Declaration of Independence made
clear, and as the Constitution's Preamble makes clear, that government has no
legitimate authority to exist, except as it is committed efficiently to defense
and promotion of the General Welfare of all of the population, including
posterity. That's what the General Welfare clause means. That means, for
example, that for the sake of shareholders, you can not kill people, including
senior citizens, by robbing them of the medical care they need. You can not
cheat people, by robbing them of their rights in other ways for the sake of the
greater profit of shareholders who may have bought a stock 15 seconds ago.
That's what the principle is. So the problem today is, that our Supreme Court,
or at least the leaders of it, and many other institutions of government, and
also the leading political parties at the top, the bureaucracies, no longer
respect and recognize the principle of the General Welfare.
They say you have to go along, you have to go along, people
have to learn to suffer. We have to sacrifice for the middle, we have to appeal
to the suburban vote, people will have to give up this, give up that, give up
this. And how does this work? Well, they use the mass media, which they control,
to disorient you; they have you sitting in front of a television set like a
Roman proletarian living in virtual slavery, sitting in the arena, watching the
lions tear Christians apart. You call that entertainment. You get violent,
pornographic sex and bloody violence, on TV, or in wrestling matches or
whatnot--that's your entertainment. Entertainment values dominate your
mind, and through the medium of entertainment, you are influenced against your
own vital interests.
You say, which candidate has media appeal? Not which
candidate is good for you, but which one is like a movie star, has media appeal.
And you go out and vote for that candidate, many of you, or you don't vote at
all, because you're disgusted with them all. And see what you get. See the
result you get.
So the issue today--we have a growth of racism in the United
States, we have a propensity to kill, in police forces and among Governors such
as George W. and Jeb Bush, or Gilmore of Virginia, we have a cruel disregard for
humanity, which is growing--all in the name of shareholder values. And the 80%
of our families are suffering, our nation is suffering, as a result of this. And
what do you do? You sit back, and you either don't vote, or you vote for a
mass-media-approved candidate. You vote on issues which are dictated by the mass
media. What about your interests? What about the interests of your
neighbor? What about the interests of 80% of the families of this country, whose
conditions of life are becoming progressively worse, more insecure?
Who do you vote for? Why don't you guys get together, you who
typify the so-called lower 80% of family income? Instead of talking about
my constituency interest, or this little interest here or there, why
don't you say, what about the General Welfare? Let's get together and agree,
that if we elect political leaders who are committed to the principle of the
General Welfare, and regard the General Welfare as the standard by which the
legitimacy of government is determined, and we elect people who will vote that
way, act that way in government, then we have the kind of government which
represents us, and our posterity.
That really is what this campaign is about. I'm the best
candidate for President that exists. No one else even matches my qualifications
for this kind of job, at this time, under these conditions. But, although I have
the best answers, there's nothing I can do for you, unless you're willing to do
something for yourself. Get out and vote. Build a coalition, a coalition
committed to the General Welfare, especially of the lower 80% of the
family-income brackets--senior citizens, people in labor, African-Americans,
Hispanic-Americans, Arab-Americans, Asian-Americans--get together. Vote
your interests. That's what I represent.
This time, when you go to the polls--and you should go to the
polls--vote Christian, or vote Jewish, or vote Muslim. Just please, don't vote
for the lions.