04-04-2008, 07:33 AM
ECONOMIC SUICIDE CLUB MEETS IN WASHINGTON
http://larouchepac.com/news/2008/04/03/e...ngton.html
A meeting of the Economic Suicide Club was held today on Capitol Hill, in the chambers of the Senate Banking Committee. Among the prominent members in attendance were Fed Chairman Ben Bernanke, SEC Chairman Chris Cox, Treasury Under Secretary Robert Steel, New York Fed President Tim Geithner, JP Morgan Chase CEO Jamie Dimon and Bear Stearns CEO Alan Schwartz. Master of Ceremonies for the occasion was Sen. Chris Dodd (D-CT). One after another, the members steadfastly defended their suicidal economic policy, often with more vigor than might be expected from people with such a pronounced death wish. Afterwards, they all attended a posh dinner in honor of Nero, and his brave determination to keep fiddling while Rome burned.
The gaunt figure of Death stood patiently outside the room. Asked how he intended to lure the club members to their new destination, Death replied, "That is easy. I just promised them they'd get their money on the other side. They can't wait to go."
"You can bank on it," he added, in his distinctly British accent.
THE ECONOMIST SPEAKS ITS MIND, WITH A MOUTHFUL OF JELLO
http://larouchepac.com/news/2008/04/03/e...jello.html
The cover feature in The Economist now on the newsstands (March 29-April 4), is "A 14-Page Special Report on the Future of American Foreign Policy," headlined "All Change?" and "After Bush," which amounts to a British Empire view of what's ahead for the United States. One theme runs throughout the six sections, namely, that the "rivals" of the U.S. are Russia and China. "America's relations with Russia are likely to get even cooler than they are now." As for China, "America, in short, will come face to face with a country that might become its greatest rival in the 21st century."
Are there friends for America's future? The Economist states, "The most obvious reason for optimism is that Germany and France are now led by Angela Merkel and Nicolas Sarkozy, not Gerhard Schroeder and Jacques Chirac. Ms Merkel has smoothed American-German relations and distanced Germany from Russia. The change in mood has been even more dramatic in Paris, once the capital of European anti-Americanism."
In classic geopolitical mode, The Economist makes no mention at all of the relations of the United States to the imperial designs of London.
"What a difference a bungled war makes..." The Economist recounts the decline of the USA, and its tarnished global image, etc. How to regain stature? "The most obvious way to do that is to play a more active role in combating global warming", and resist the dangers of economic isolationism.
Any decent American patriot should remember that it was, in fact, Tony Blair's "bungled war" plan which failed. And, global warming? May we suggest some Jello; that might help the global turd that the British Empire might never pass.
THE CONGRESS LACKS THE MORAL COURAGE TO CALL THE BEAR STEARN'S BAILOUT ILLEGAL
http://larouchepac.com/news/2008/04/03/c...illeg.html
Not a single senator on the Senate Banking, Housing, and Urban Affairs Committee had the courage to bring up the issue of the illegality of the March 16 Federal Reserve bailout of Bear Stearns during a hearing to investigate the bailout held on Thursday April 3. The committee hearing was chaired by fascist Felix Rohatyn controlled Senator Christopher Dodd. Members of the Senate Banking Committee could not have claimed that they were unaware of the illegality of the Bear Stearns deal since in the past two weeks the LaRouche Youth Movement had distributed Lyndon LaRouche's statement on the illegality of the deal to every office in the Congress and the Senate. This is yet another graphic example of what LaRouche has said about the need to mass organize the lower 80 percent to provide the leadership to the Congress. Congress is asleep at the switch.
During the hearing, Federal Reserve Chairman Ben Bernanke endorsed Senator Dodd's impotent bill, which is not a solution to the housing crisis or general economic breakdown. When told of this endorsement, Lyndon LaRouche commented, that Bernanke's endorsement of Dodd's bill proves that "Dodd is getting feeble-minded. Dodd is shifting his seat from Connecticut to New York's Orchard Street where he is putting himself up for auction."
Treasury Secretary Paulson was not present at the hearing by his testimony defending the Bear Stearns bailout was read by Under Secretary of Treasury for Domestic Finance Robert Steele. Lyndon Larouche commented on Paulson saying, "Paulson is stupid, and has been working for certain interest for so long, he doesn't know how to do anything else. He is a whore. That is his problem. They are destroying the country."
http://larouchepac.com/news/2008/04/03/e...ngton.html
A meeting of the Economic Suicide Club was held today on Capitol Hill, in the chambers of the Senate Banking Committee. Among the prominent members in attendance were Fed Chairman Ben Bernanke, SEC Chairman Chris Cox, Treasury Under Secretary Robert Steel, New York Fed President Tim Geithner, JP Morgan Chase CEO Jamie Dimon and Bear Stearns CEO Alan Schwartz. Master of Ceremonies for the occasion was Sen. Chris Dodd (D-CT). One after another, the members steadfastly defended their suicidal economic policy, often with more vigor than might be expected from people with such a pronounced death wish. Afterwards, they all attended a posh dinner in honor of Nero, and his brave determination to keep fiddling while Rome burned.
The gaunt figure of Death stood patiently outside the room. Asked how he intended to lure the club members to their new destination, Death replied, "That is easy. I just promised them they'd get their money on the other side. They can't wait to go."
"You can bank on it," he added, in his distinctly British accent.
THE ECONOMIST SPEAKS ITS MIND, WITH A MOUTHFUL OF JELLO
http://larouchepac.com/news/2008/04/03/e...jello.html
The cover feature in The Economist now on the newsstands (March 29-April 4), is "A 14-Page Special Report on the Future of American Foreign Policy," headlined "All Change?" and "After Bush," which amounts to a British Empire view of what's ahead for the United States. One theme runs throughout the six sections, namely, that the "rivals" of the U.S. are Russia and China. "America's relations with Russia are likely to get even cooler than they are now." As for China, "America, in short, will come face to face with a country that might become its greatest rival in the 21st century."
Are there friends for America's future? The Economist states, "The most obvious reason for optimism is that Germany and France are now led by Angela Merkel and Nicolas Sarkozy, not Gerhard Schroeder and Jacques Chirac. Ms Merkel has smoothed American-German relations and distanced Germany from Russia. The change in mood has been even more dramatic in Paris, once the capital of European anti-Americanism."
In classic geopolitical mode, The Economist makes no mention at all of the relations of the United States to the imperial designs of London.
"What a difference a bungled war makes..." The Economist recounts the decline of the USA, and its tarnished global image, etc. How to regain stature? "The most obvious way to do that is to play a more active role in combating global warming", and resist the dangers of economic isolationism.
Any decent American patriot should remember that it was, in fact, Tony Blair's "bungled war" plan which failed. And, global warming? May we suggest some Jello; that might help the global turd that the British Empire might never pass.
THE CONGRESS LACKS THE MORAL COURAGE TO CALL THE BEAR STEARN'S BAILOUT ILLEGAL
http://larouchepac.com/news/2008/04/03/c...illeg.html
Not a single senator on the Senate Banking, Housing, and Urban Affairs Committee had the courage to bring up the issue of the illegality of the March 16 Federal Reserve bailout of Bear Stearns during a hearing to investigate the bailout held on Thursday April 3. The committee hearing was chaired by fascist Felix Rohatyn controlled Senator Christopher Dodd. Members of the Senate Banking Committee could not have claimed that they were unaware of the illegality of the Bear Stearns deal since in the past two weeks the LaRouche Youth Movement had distributed Lyndon LaRouche's statement on the illegality of the deal to every office in the Congress and the Senate. This is yet another graphic example of what LaRouche has said about the need to mass organize the lower 80 percent to provide the leadership to the Congress. Congress is asleep at the switch.
During the hearing, Federal Reserve Chairman Ben Bernanke endorsed Senator Dodd's impotent bill, which is not a solution to the housing crisis or general economic breakdown. When told of this endorsement, Lyndon LaRouche commented, that Bernanke's endorsement of Dodd's bill proves that "Dodd is getting feeble-minded. Dodd is shifting his seat from Connecticut to New York's Orchard Street where he is putting himself up for auction."
Treasury Secretary Paulson was not present at the hearing by his testimony defending the Bear Stearns bailout was read by Under Secretary of Treasury for Domestic Finance Robert Steele. Lyndon Larouche commented on Paulson saying, "Paulson is stupid, and has been working for certain interest for so long, he doesn't know how to do anything else. He is a whore. That is his problem. They are destroying the country."