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LaRouche Democratic Slate
Issues National Statement

Feb. 22, 2011 (EIRNS)—This release was issued today by the Lyndon LaRouche Political Action Committee.

The Global Mass Strike Demands Glass-Steagall

The following is a statement issued by all six members of the national slate of LaRouche Democrats running for U.S. Congress across the United States.

As signs in Wisconsin announce support for Egypt, and as new nations daily add their voice to the call for justice, it is clear that each of these protests is no local phenomenon. Humanity as a one is reacting against the last four decades of globalization, against food prices artificially increased due to the hyperinflationary bailout of Henry Paulson, Bernanke and Obama, which has distributed trillions of dollars to the bankrupt, casino-style financial system recently identified by the Financial Crisis Inquiry Commission report to have been a fraud, and to have caused the financial crisis we are now deeply engaged in.

Governors, city councils, public service employees, and citizens in general are turning on each other, blaming one another as the cause of "excess spending;" but these attacks are missing the point. What the FCIC report details, which British-puppet President Obama has refused to acknowledge, is that this crisis was caused by the decades-long process of eliminating critical banking regulations, which separated the worthwhile functions of the economy from the speculation of financial predators, as seen especially in the deregulation of financial derivatives, and the 1999 repeal of Glass-Steagall. Now cities and states are bankrupt, drowning in a state of collapsing revenue and increased demands for aid, with no hope of change in sight.

Glass-Steagall, if reinstated last year, would have prevented this condition. President Obama opposed it then, as now, because the reinstatement of Glass-Steagall will destroy the entire system of the London-centered empire, as not only hedge funds and other financial institutions are forced into bankruptcy, but as governments everywhere, led by the United States, will have reasserted the priority of their citizens' welfare, and the integrity of their national economies, over the failed bets of Wall Street whores and their British imperial mother. Once reinstated, and the trillions of dollars of worthless gambling debts are wiped off the books, the Federal government can issue credit towards productive projects such as NAWAPA , to reverse the collapse of physical production, and give emergency aid to the states.

It is because of this crisis and the need for leadership, that the six LaRouche Democratic candidates chose to run for office. Now is a time, however, which is beyond elections. We are at a moment of history in which what was seemed true yesterday, has been proven false today. The question, as posed by the "headless" outcome of the French Revolution, is, will the decisions we make in this moment of opportunity, create a stable, lasting change towards a higher quality of existence? It is for this reason, that our slate of candidates is demanding a reassertion of the "self-evident" principles of our Constitution and Declaration of Independence, beginning with the removal of clinically insane President Obama, and the reinstatement of Glass-Steagall.

The founding principles of this nation were always intended to represent all of humanity, and being "self-evident," are now appearing, as if spontaneously, but in truth lawfully, as a response to decades of destructive policies around the globe. As Hamilton wrote in The Farmer Refuted, "The sacred rights of mankind are not to be rummaged for, among old parchments, or musty records. They are written, as with a sunbeam, in the whole volume of human nature, by the hand of divinity itself." Our government, created as an institution of the people, must be a vehicle of those interests again, instead of a defender of a British imperial system. As this system has been clearly demonstrated by the FCIC report to have caused the collapse of the entire world's economy, if we continue to cut our own throats in order to defend it now, we are not morally fit to survive.

LaRouche Democratic National Slate

  • Rachel Brown (MA)
  • Bill Roberts (MI)
  • David Christie (WA)
  • Diane Sare (NJ)
  • Kesha Rogers (TX)
  • Summer Shields (CA)