LAROUCHE TO OCT. 5 POLICY COMMITTEE:
‘The Government Must
Shut Wall Street Immediately’
by Lyndon H. LaRouche, Jr.
This is Lyndon LaRouche’s opening statement to the LaRouche PAC Policy Committee in Dialogue on Oct. 5, 2015.
I’ve been pushing over the course of this weekend, the fact that we can no longer tolerate the risk which is involved in the renewal of Wall Street’s conditions. And therefore, for that reason, we have to shut down Wall Street in order to protect the people of the United States. Because if Wall Street goes into another cycle of the type it just went through previously,—and it seems to be on the verge of it,—this means that the collapse of Wall Street, again, would result in a virtual sweeping-out of employment in many parts of the working population.
So therefore, apart from the fact that the crisis is there, we have Wall Street’s condition, as opposed to the requirements of the people who are still employed, and families that are still involved,—and therefore we must take pre-emptive action.
What we’ve done, and what I’ve pushed for, is to have an immediate decision by relevant Members of the Congress, to assemble and deal with the situation as such. That was: foreclose against Wall Street without letting them get a bail-out effort. Because the giving of another option for bail-out to Wall Street would almost certainly ensure a great catastrophe of the people of the United States. In other words, the kind of breakout that we’re on the edge of,—and these things are already serious enough,—means that you’ll simply find there is no money to continue to pay the people who have been the employees on the El Cheapo scene.
So therefore we have to protect the population. We have to cancel Wall Street. And we have to proceed to restructure the organization of our employment for the intent of actually getting productive processes going into effect: essentially a more exigent sort of requirement than what Franklin Roosevelt had. But what Franklin Roosevelt suffered, and had to face and deal with, is minor compared to what this condition of the United States is right now.
This is combined with what’s happening in Europe, what’s happening in Germany, what’s happening in France, in particular, in the relatively viable units. So therefore we’ve come to a condition where we actually have to say,—and I’ve been putting the word out,—that at this point, we must ask the Members of Congress who are relevant to act.
Now this is also a complicated thing, because we have a batch of new accomplices of treason, which is loaded into the Congress. We have people in the Congress who really are not serious people. They’re bums. They should never have been, they’re not really qualified to be Members of the Congress. And therefore, we have to take immediate action of that nature in order to secure the continuation of the U.S. as a nation,—that is, our national existence is now in jeopardy.
And the fact that we’re operating largely on this basis, in our concentration on Manhattan, is extremely important as such. It’s the one thing that must be done. Itis the leading effort that must come on right now. If we do this, and if we get a number of serious Members of Congress, ones who really understand what this problem is,—and many of them do already have an inkling of what this is all about,—we have to say we have to act now to prevent a panic. It would really cause the kind of panic we don’t want to even dream about.
And that’s where we are. So therefore, we are in a situation where we’ve got to be absolutely merciless and shut down Wall Street, totally! They’ve got nothing coming to them except pain.