But I think it is very well said:
------------------------------------------
We concede that being Treasury Secretary at a time when the global financial system is disintegrating is no easy task, especially when you are trying to implement policies that haven't got a snowball's chance in Hell of working, but even so, it is sometimes difficult to feel sorry for Tim Geithner. Geithner is not such a bad sort, at least in comparison with sleazeball Larry Summers and the Nazi-policy-pushing Nero Obama, but he sure has helped make a mess of things.
While his cohort Benny "Bubbles" Bernanke was at Jackson Hole claiming the equivalent of George W. Bush's "Mission Accomplished" in his hyperinflationary war against the financial crisis, Geithner was trotted out to an interview with the Wall Street Urinal and Digg. The questions were from Digg users, who are apparently less adept at playing the kiss-up game than are the Urinal's professional reporters. In response to questions about the great bailout swindle, and the relationship between Washington and Wall Street, Geithner produced some truly impressive spin:
"We have been forced to do just extraordinary things and, frankly, offensive things to help save the economy," Geithner said. "I am completely confident that none of those decisions had anything to do with the specific interest of any individual firm, much less Goldman Sachs."
We would agree that extraordinarily offensive things were done, and are continuing to be done, but asking us to believe that the bailout wasn't a gift to Goldman Sucks, JP Morgan Chase and the rest of the British Empire's financial vampires is a bit much. Does he really think we are that stupid?
Apparently so, as he also took the time to praise the great men who ran the biggest swindle in history:
"These are deeply honorable men, great public statesmen willing to come serve their country in very challenging times and they did exceptionally good things for the country," Geithner said.
What a load of self-serving crap! Disgustingly corrupt jerks who sold the nation down the river while shoveling trillions of dollars of our money down the bankrupt maws of their parasitic cronies, is more like it. You really expect us to believe that, Tim? Or are you just trying to get yourself fired before it all blows up in your face?
Then again, what do you expect in a period where the "Big Lie" is the game of the day, where looting and pillaging is presented as a "public service," where policies to "cull the human herd" are called "reform," and where fascism is on the march? By that standard, Geithner did a fine job. We're dying to see what comes next. Literally.
johnhoefle@larouchepub.com
Geithner Praises The "Honorable Men" And Their "Offensive Things"
Monday, August 24, 2009
Monday, August 17, 2009
These accurate reports will be hard for many to accept, but here they are…
Aug. 15—The British imperial interests have suffered a serious blow at the hands of Lyndon LaRouche, and they are reeling from the impact of that unanticipated strategic setback. Over the past 72 hours, President Barack Obama's failure to deliver on a made-in-London euthanasia scheme, disguised as a health-care "reform" program, has shocked the British media and the entire British political Establishment, and prompted them to launch a desperate defense of the British National Health Service and its affiliated NICE "death panel," which is the model for Obama's plan.
"The British elites suddenly found themselves facing a significant strategic defeat, in the face of the massive and spreading American popular revolt against the Obama Administration, and they were forced to launch an all-out defense of their own deeply flawed health-care system, as their last chance to salvage their Obama project," one senior U.S. intelligence source told EIR yesterday. "The issue is, London losing its grip over the Obama White House, and that is a really big deal, given all they have invested in that program."
Indeed, in response to the continuing mass strike ferment throughout the United States against the Obama Administration's failed policies, the British media, from the Fabian Society-linked London Guardian to the right-wing Tory Daily Telegraph, is carrying out a coordinated black propaganda campaign, to save London's grip over the White House—by defending British health care as a world-class system—far better than that of the United States. The normally middle-of-the-road British Independent today ran an article, headlined, "The brutal truth about America's health care," describing the thousands of poor people who turned out in Los Angeles for free health care, and defending the Obama plan. The Independent screed is typical of the propaganda line coming from the entire British media this past week.
Politicians from Labour Party Prime Minister Gordon Brown, to his Tory opponent David Cameron, have also delivered nearly identical defenses of the British system. Given the top-down orchestration of British politics, it is not unfair to presume that the Queen's Privy Council, headed by Lord Peter Mandelson, issued orders for the engineered effort last week, when the situation in the United States broke totally out of control.
The single biggest cause of hysteria from British quarters is the fact that Lyndon LaRouche has been publicly identified as the catalyst of the revolt against the Obama White House's efforts to shove a Hitlerian euthanasia scheme down the throats of the American people. Beginning with the Aug. 6 Romulus, Mich. town hall meeting by Rep. John Dingell (D), the LPAC poster, depicting President Obama with a Hitler mustache and the caption, "I've Changed," has grabbed headlines in newspapers around the United States and around the world.
This past week, as town hall protests swelled in size, more and more U.S. and international media began airing interviews with LaRouche PAC organizers; and the Washington Times went so far as to publish an interview with EIR Editor-in-Chief Nancy Spannaus, spelling out LaRouche's critique of the Obama health plan scheme, and his alternative.
The next day, an hysterical reporter for the British Broadcasting Corporation (BBC) conducted a live interview with LaRouche national spokesperson, Debra Freeman, in which Freeman launched into a frontal attack against the British health-care system, as a genocidal mess.
LaRouche's well-documented denunciation of the Obama Administration's plan for the creation of IMAC (Independent Medical Advisory Council), modeled on Hitler's September-October 1939 T-4 program of government enforced euthanasia, has been picked up by leading Republican Party figures, including House Minority Leader John Boehner (R-Ohio); former Alaska governor and vice presidential candidate Sarah Palin; conservative commentator Patrick Buchanan; and scores of lesser known columnists, bloggers, and activists.
One senior political operative told EIR that the Republican Party, desperate to regroup after the electoral defeats of 2006 and 2008, picked up the LaRouche attacks on the Obama health-care swindle, studied the documentation, concluded that LaRouche was absolutely correct, and jumped on the bandwagon. By last week, according to the source, every faction within the GOP had picked up on the LaRouche message—to the point that a frantic Karl Rove jumped in, to warn Republicans that they were losing control over the issue to LaRouche.
Furthermore, a wide range of Democratic Party-linked voices, from The Nation's David Greider, to the New York Times's Frank Rich, to cultural commentator Eli Siegel, to Arianna Huffington, have also joined the attack on President Obama, denouncing him for cutting a dirty backroom deal with "Big Pharma" and "Big Insurance," and accusing him of being a corporativist—i.e., a fascist.
In fact, White House sources have leaked to the media, some details of the agreement, reached in recent weeks, between PhRMA, the industry lobbying group, and the President, further fueling the "revolt from the left" against Obama.
What LaRouche started, on April 11, 2009, with his webcast warning that Obama suffers from a severe "Nero Complex," has now mushroomed into a far-reaching popular revolt. The ostensible issue is the President's fascist health-care scheme, but underlying factor, is that the American people are fed up with bailouts of Wall Street at taxpayers' expense, massive job losses, home foreclosures, and the bankrupting of nearly every state government—translating into a collapse in social services, and even basic infrastructure like schools, hospitals, and core transportation systems.
That [the oligarchy] is acutely aware of the danger that such a popular revolt—informed by LaRouche's clear alternative recovery policies—represents, was made perfectly clear by a pair of articles, that both appeared in the past 24 hours.
Edward Luce, the London Financial Times Washington bureau chief, penned an article today, dripping with sarcasm, titled "Healthcare paranoia is part of America's culture war," which did, in fact, admit that the health-care battle is actually a much deeper one, centered on American values and the U.S. Constitution. "Anyone who visits a few of this month's rowdy town hall meetings can grasp that opposition to Mr Obama's healthcare proposals is a lightning rod to a far larger world view, which seeks to protect American values and the US constitution from an alien takeover," Luce writes. "Their issues are diverse. But their sentiment is common: America's constitution is being trashed by un-American values.... No amount of contrary evidence will puncture the view that Mr Obama plans to establish 'death panels' that will decide which grannies get to live or die. Nor will reason counter the view that countries such as Canada and the UK push their weakest to the back of the queue.... Forget the details of healthcare reform. The side that identified with American values will get the upper hand."
The second article, posted on the widely read Huffington Post, written by Chris Weigant, went directly at the central issue that has London and Wall Street totally up in arms: The fact that the decades-old containment of LaRouche has totally broken down.
Back in 1976, Washington Post editorial writer Stephen Rosenfeld published a now-infamous op-ed, speaking for the Anglo-American Establishment media. He declared that, henceforth, there could be no media coverage of LaRouche, that was anything other than a mocking slander. Rosenfeld put in writing, what had been delivered, face-to-face, in December 1971, as an official Establishment pronouncement to LaRouche. Sidney Hook, the grand-master of the Congress for Cultural Freedom, told LaRouche, moments after he had decimated Keynsian economist Abba Lerner at a Queens College debate, that he would be placed under total containment. LaRouche had dared to commit the crime of publicly proving, before a large university audience, that Professor Lerner was a devotee of Hitler's chief economist Hjalmar Schacht.
In his Huffington Post rant, Weigant assailed the Establishment media for breaking the more than 35-year containment pact:
"I truly believe that some of the overpaid well-coiffed talking heads on television finally woke up and became embarrassed that they were lending so much legitimacy to people who normally would be referred to as the 'tin-foil hat brigade' (see, for example: followers of Lyndon LaRouche). There's an unspoken rule in the mainstream media that once a consensus is reached that any one person or group is from 'the fringe,' then all they deserve from that point on is ridicule. Look at how they treated Dennis Kucinich or Ron Paul in last year's campaign, for instance.
"But," Weigant continues, "the media found themselves in a quandry last week. They loved the 'angry person screaming at member of Congress' video so much (and ran it so many times) that they knew they were culpable...."
The reality is obviously more profound than Weigant's nasty admission about the Establishment media's black-balling. LaRouche called the shot on President Obama's Nero Complex, and dared to draw the accurate historical parallels between the President's healthcare reform swindle, and Hitler's universally despised T-4 euthanasia program, which was the precursor to the concentration camps and the Holocaust. As events proved LaRouche to be right, and as the American people suddenly woke up one day and realized that they were about to lose everything, because they had foolishly gone along with a culture and an economic policy that has brought us to the brink of total breakdown, all hell broke loose.
- For the Record, Mr. President -
After initially cancelling all scheduled town hall appearances by President Obama, the White House spin-meisters decided last week that the President had to be sent out to salvage his all-but-lost health-care reform plan. A series of tightly screened and engineered "town hall" meetings were thus staged, to give the President the opportunity to lie through his teeth. President Obama tried—unsuccessfully—to reassure the American people that he does not plan to create "death panels" to set limits on medical care.
But, at the same time that Obama was visiting New Hampshire, Montana, and Colorado, delivering carefully scripted lies to carefully screened audiences, sources on Capitol Hill were telling a far different story to EIR. In fact, the top White House health-care aides, from Chief of Staff Rahm Emanuel, to Office of Management and Budget director Peter Orszag—to Dr. Ezekiel Emanuel, Rahm's brother and a leading euthanasia advocate—were all arm-twisting and threatening Congressional leaders, telling them that the only issue that is not up for negotiation is the President's plan to create an independent board, to set absolute limits on health-care services and payments. The very "death panel" that the President said was off the table, is the only issue that the White House insists is non-negotiable.
One senior U.S. intelligence source verified the Congressional accounts and explained that the President has been sold on the need for massive austerity. "The bailout could cost $24 trillion, so there have to be austerity cuts, to reduce the Federal deficit," the source revealed. "Treasury Secretary Tim Geithner and White House chief economic advisor Larry Summers have both promised the Chinese, and other major holders of U.S. government debt, that there will be massive cuts, to reduce the deficit. Unless they get their independent panel, to impose severe cuts in health-care services and payments, they won't succeed.
"This is what the President believes, for now. Health care is just one part of the overall austerity scheme they are trying to pull off."
These austerity schemes are doomed to fail, and that poses the next big question for Obama's ultimate controllers in London: When do they decide that the President is beyond salvation, and what do they do then? ...
----------------------
Want more detail?
White House in Hiding, Senators Say Obama Doesn't Have the Votes to Pass Reform
August 17, 2009 (LPAC)—The White House and Nancy "Marie Antoinette" Pelosi were in hiding from the cameras on Sunday, while more than 4 hours of TV "talking heads" shows addressed nothing but health care, and demonstrated that Obama's Nazi health care policy is becoming more and more hated. The TV talk shows, from Fox Sunday, to ABC This Week, to Meet the Press, were total brawls that revealed that the votes are not there to pass the health plan in either the Senate or the House. Among the major revelations indicating that Obama is doomed were that:
(1) the public option is "not essential" — HHS Secretary Sibelius;
(2) "there are not enough votes in the U.S. Senate for the public option. There never have been," and for the President to pursue this is a "wasted effort" — Sen. Kent Conrad (D-ND), a member of the "Gang of Six" bipartisan negotiators in the Senate Finance Committee;
(3) there is no September 15th deal promised by Sen. Max Baucus to Obama to produce a Senate Finance Committee bill. Instead, the Committee "will be ready when we are ready," pending answers from the Congressional Budget Office — Sen. Kent Conrad;
(4) there will be no "mandatory end of life counseling" included in any bill that passes, according to Sen. Conrad, and Secretary Sibelius made a similar announcement that end of life counseling is "probably off the table" now due to the "horrific" opposition;
(5) IMAC and NICE are major targets of the Republicans who oppose the existing plans, but both TV moderators interrupted the Senators when they mentioned the names of these bodies. Instead, the moderators only wanted to use the term, "death panels."
Specifically, Sen. Tom Coburn (R-OK) went after the end of life counseling as intolerable, and also cited NICE as the model for "rationing," and the reason that he recently told reporters that the "Democrats' health plan will kill Americans." When the moderator goaded him, "Is that reasonable discourse?" Coburn replied, "Absolutely ... let's look at the NICE system." That led fellow guest Tom Daschle to cut him off in a frenzy.
Sen. Shelby repeatedly accused the White House of advocating rationing; a video was shown of Sen. Chuck Grassley (R-Iowa), another member of the bipartisan "Gang of Six" negotiating the Senate bill, has been at several town meetings in Iowa, where he is saying that we "should not have counseling on the end of life ... we should not have a government program that determines you're going to pull the plug on Grandma." And Sen. Orin Hatch, who has co-sponsored health bills with Kennedy, Waxman, and Dodd, said he will not negotiate with the White House until the "government option" is removed completely, and went after the "IMAC" board by name, directly noting that this rationing board would be appointed only by the President.
More and more people are saying that the health plan is doomed. A.B. Stoddard from The Hill reported that in a conversation with a "leading" Blue Dog Democrat, he revealed that they "are not going to be able to pass" a bill in the House, because the Blue Dogs "are peeling off" from support. Polls show that opposition to the health care is about 7 percentage points above support; Sen. Shelby said that the Town Hall protests are having a major effect on how the Congress will vote.
------------------------------------------
We don't want another 9/11
"We want the President safe. Unless he changes his policies in the immediate days ahead, he will become an ever increasing object of hatred from the American people. We want to assure his safety, because there should be no guilt associated with hatred for the President's horrible policies, from bailing out Wall Street, to his so-called health care reforms.
"These guys [see below] are spreading degenerate lies. They are lying about the American people, and lying about the actual popular upheaval against policies that will kill. The American people do not want to be killed, and these two British writers are stupid jerks who don't know the first thing about what is going on here. In point of fact, the people putting out this kind of propaganda are doing the most to set up the conditions for such an attack on the President. The citizens showing up at the town hall meetings around the country are showing a decent respect for the person of the President, while voicing their strong opposition to the policies he is promoting. The lying claims of racism are exactly the opposite of the truth. The made-in-London policies being promoted by this Administration are where the racism is to be found—hatred of the human race.
"The [oligarchy] may very well be attempting to orchestrate U.S. politics by assassination. It would be dangerous to deny this. That is why I am speaking out, as a responsible public figure, now. If anything happens to the President, you can start with the assumption that the orders came from London. Preemptive exposure is the best insurance against something happening to the President."
[Actually, the four paragraphs above were the last four of the following:]
Oligarchy, Furious At Obama, Could Go For the Kill
August 17, 2009 (LPAC)—Two major British Sunday newspapers—the Observer and the Independent—published black propaganda stories today, claiming that the outpouring of opposition to the President's health care "reforms" is coming from a rabid rightwing extremist movement, that could attempt to assassinate the President. Lyndon LaRouche promptly denounced these British stories, warning that if there is any attempt to assassinate the President, it will come from top circles in London, who are furious at President Barack Obama, for flubbing the British demands to impose fascism on the United States.
Writing in the Independent, Rupert Cornwell touted a recent study by the ADL-allied Southern Poverty Law Center (SPLC), claiming a massive increase in radical militia activity as proof that a major domestic terrorist attack or a direct hit on Obama is likely. "As one SPLC official puts it, every element is in place for a 'perfect storm' of home-grown extremism. For the first time, the detested federal government is run by a black man. A struggling economy fuels discontent, with illegal immigrants accused of stealing American jobs. The military, long a breeding ground of the far right, is sending home veterans in vast numbers. Finally, there is the internet, which simultaneously propagates and intensifies the feelings of true believers—and the conspiracy theories they devour. The US has always had a taste for conspiracy theories, but rarely as now."
Writing in the Observer, the Sunday edition of the Fabian Society-linked Guardian newspaper, Paul Harris was even more blunt. In an article headlined, "Fears for Barack Obama's safety as healthcare debate fuels extremism," Harris wrote, "Welcome to the disturbing new face of the radical right in America. Across the country, extremism is surging, inflamed by conservative talkshow hosts, encouraged by Republican leaders and propagating a series of wild conspiracy theories. Many fear it might end in tragedy... Such extremism is becoming a major security issue, prompting fears of an attack on Obama's life or some other incident of domestic terrorism." Harris not only cited the same Southern Poverty Law Center study as did the Independent's Cornwell. He interviewed Chip Berlet, the sexually ambiguous longtime slanderer of Lyndon LaRouche, who cackled, "This is a very dangerous situation that can spin off 'lone wolf' individuals who decide now is the time to act against people they see as an enemy."
[T]here is a threat against the President's life, but not from the so-called extremist fringe in America. [ . . . ] It is estimated that the greatest danger to the life of the President is [ . . . ]aimed at attracting sympathy to the dead man's cause. Were this to happen, it would represent a new 9/11 attack, with even more devastating consequences.
------------------------------------
"The British elites suddenly found themselves facing a significant strategic defeat, in the face of the massive and spreading American popular revolt against the Obama Administration, and they were forced to launch an all-out defense of their own deeply flawed health-care system, as their last chance to salvage their Obama project," one senior U.S. intelligence source told EIR yesterday. "The issue is, London losing its grip over the Obama White House, and that is a really big deal, given all they have invested in that program."
Indeed, in response to the continuing mass strike ferment throughout the United States against the Obama Administration's failed policies, the British media, from the Fabian Society-linked London Guardian to the right-wing Tory Daily Telegraph, is carrying out a coordinated black propaganda campaign, to save London's grip over the White House—by defending British health care as a world-class system—far better than that of the United States. The normally middle-of-the-road British Independent today ran an article, headlined, "The brutal truth about America's health care," describing the thousands of poor people who turned out in Los Angeles for free health care, and defending the Obama plan. The Independent screed is typical of the propaganda line coming from the entire British media this past week.
Politicians from Labour Party Prime Minister Gordon Brown, to his Tory opponent David Cameron, have also delivered nearly identical defenses of the British system. Given the top-down orchestration of British politics, it is not unfair to presume that the Queen's Privy Council, headed by Lord Peter Mandelson, issued orders for the engineered effort last week, when the situation in the United States broke totally out of control.
The single biggest cause of hysteria from British quarters is the fact that Lyndon LaRouche has been publicly identified as the catalyst of the revolt against the Obama White House's efforts to shove a Hitlerian euthanasia scheme down the throats of the American people. Beginning with the Aug. 6 Romulus, Mich. town hall meeting by Rep. John Dingell (D), the LPAC poster, depicting President Obama with a Hitler mustache and the caption, "I've Changed," has grabbed headlines in newspapers around the United States and around the world.
This past week, as town hall protests swelled in size, more and more U.S. and international media began airing interviews with LaRouche PAC organizers; and the Washington Times went so far as to publish an interview with EIR Editor-in-Chief Nancy Spannaus, spelling out LaRouche's critique of the Obama health plan scheme, and his alternative.
The next day, an hysterical reporter for the British Broadcasting Corporation (BBC) conducted a live interview with LaRouche national spokesperson, Debra Freeman, in which Freeman launched into a frontal attack against the British health-care system, as a genocidal mess.
LaRouche's well-documented denunciation of the Obama Administration's plan for the creation of IMAC (Independent Medical Advisory Council), modeled on Hitler's September-October 1939 T-4 program of government enforced euthanasia, has been picked up by leading Republican Party figures, including House Minority Leader John Boehner (R-Ohio); former Alaska governor and vice presidential candidate Sarah Palin; conservative commentator Patrick Buchanan; and scores of lesser known columnists, bloggers, and activists.
One senior political operative told EIR that the Republican Party, desperate to regroup after the electoral defeats of 2006 and 2008, picked up the LaRouche attacks on the Obama health-care swindle, studied the documentation, concluded that LaRouche was absolutely correct, and jumped on the bandwagon. By last week, according to the source, every faction within the GOP had picked up on the LaRouche message—to the point that a frantic Karl Rove jumped in, to warn Republicans that they were losing control over the issue to LaRouche.
Furthermore, a wide range of Democratic Party-linked voices, from The Nation's David Greider, to the New York Times's Frank Rich, to cultural commentator Eli Siegel, to Arianna Huffington, have also joined the attack on President Obama, denouncing him for cutting a dirty backroom deal with "Big Pharma" and "Big Insurance," and accusing him of being a corporativist—i.e., a fascist.
In fact, White House sources have leaked to the media, some details of the agreement, reached in recent weeks, between PhRMA, the industry lobbying group, and the President, further fueling the "revolt from the left" against Obama.
What LaRouche started, on April 11, 2009, with his webcast warning that Obama suffers from a severe "Nero Complex," has now mushroomed into a far-reaching popular revolt. The ostensible issue is the President's fascist health-care scheme, but underlying factor, is that the American people are fed up with bailouts of Wall Street at taxpayers' expense, massive job losses, home foreclosures, and the bankrupting of nearly every state government—translating into a collapse in social services, and even basic infrastructure like schools, hospitals, and core transportation systems.
That [the oligarchy] is acutely aware of the danger that such a popular revolt—informed by LaRouche's clear alternative recovery policies—represents, was made perfectly clear by a pair of articles, that both appeared in the past 24 hours.
Edward Luce, the London Financial Times Washington bureau chief, penned an article today, dripping with sarcasm, titled "Healthcare paranoia is part of America's culture war," which did, in fact, admit that the health-care battle is actually a much deeper one, centered on American values and the U.S. Constitution. "Anyone who visits a few of this month's rowdy town hall meetings can grasp that opposition to Mr Obama's healthcare proposals is a lightning rod to a far larger world view, which seeks to protect American values and the US constitution from an alien takeover," Luce writes. "Their issues are diverse. But their sentiment is common: America's constitution is being trashed by un-American values.... No amount of contrary evidence will puncture the view that Mr Obama plans to establish 'death panels' that will decide which grannies get to live or die. Nor will reason counter the view that countries such as Canada and the UK push their weakest to the back of the queue.... Forget the details of healthcare reform. The side that identified with American values will get the upper hand."
The second article, posted on the widely read Huffington Post, written by Chris Weigant, went directly at the central issue that has London and Wall Street totally up in arms: The fact that the decades-old containment of LaRouche has totally broken down.
Back in 1976, Washington Post editorial writer Stephen Rosenfeld published a now-infamous op-ed, speaking for the Anglo-American Establishment media. He declared that, henceforth, there could be no media coverage of LaRouche, that was anything other than a mocking slander. Rosenfeld put in writing, what had been delivered, face-to-face, in December 1971, as an official Establishment pronouncement to LaRouche. Sidney Hook, the grand-master of the Congress for Cultural Freedom, told LaRouche, moments after he had decimated Keynsian economist Abba Lerner at a Queens College debate, that he would be placed under total containment. LaRouche had dared to commit the crime of publicly proving, before a large university audience, that Professor Lerner was a devotee of Hitler's chief economist Hjalmar Schacht.
In his Huffington Post rant, Weigant assailed the Establishment media for breaking the more than 35-year containment pact:
"I truly believe that some of the overpaid well-coiffed talking heads on television finally woke up and became embarrassed that they were lending so much legitimacy to people who normally would be referred to as the 'tin-foil hat brigade' (see, for example: followers of Lyndon LaRouche). There's an unspoken rule in the mainstream media that once a consensus is reached that any one person or group is from 'the fringe,' then all they deserve from that point on is ridicule. Look at how they treated Dennis Kucinich or Ron Paul in last year's campaign, for instance.
"But," Weigant continues, "the media found themselves in a quandry last week. They loved the 'angry person screaming at member of Congress' video so much (and ran it so many times) that they knew they were culpable...."
The reality is obviously more profound than Weigant's nasty admission about the Establishment media's black-balling. LaRouche called the shot on President Obama's Nero Complex, and dared to draw the accurate historical parallels between the President's healthcare reform swindle, and Hitler's universally despised T-4 euthanasia program, which was the precursor to the concentration camps and the Holocaust. As events proved LaRouche to be right, and as the American people suddenly woke up one day and realized that they were about to lose everything, because they had foolishly gone along with a culture and an economic policy that has brought us to the brink of total breakdown, all hell broke loose.
- For the Record, Mr. President -
After initially cancelling all scheduled town hall appearances by President Obama, the White House spin-meisters decided last week that the President had to be sent out to salvage his all-but-lost health-care reform plan. A series of tightly screened and engineered "town hall" meetings were thus staged, to give the President the opportunity to lie through his teeth. President Obama tried—unsuccessfully—to reassure the American people that he does not plan to create "death panels" to set limits on medical care.
But, at the same time that Obama was visiting New Hampshire, Montana, and Colorado, delivering carefully scripted lies to carefully screened audiences, sources on Capitol Hill were telling a far different story to EIR. In fact, the top White House health-care aides, from Chief of Staff Rahm Emanuel, to Office of Management and Budget director Peter Orszag—to Dr. Ezekiel Emanuel, Rahm's brother and a leading euthanasia advocate—were all arm-twisting and threatening Congressional leaders, telling them that the only issue that is not up for negotiation is the President's plan to create an independent board, to set absolute limits on health-care services and payments. The very "death panel" that the President said was off the table, is the only issue that the White House insists is non-negotiable.
One senior U.S. intelligence source verified the Congressional accounts and explained that the President has been sold on the need for massive austerity. "The bailout could cost $24 trillion, so there have to be austerity cuts, to reduce the Federal deficit," the source revealed. "Treasury Secretary Tim Geithner and White House chief economic advisor Larry Summers have both promised the Chinese, and other major holders of U.S. government debt, that there will be massive cuts, to reduce the deficit. Unless they get their independent panel, to impose severe cuts in health-care services and payments, they won't succeed.
"This is what the President believes, for now. Health care is just one part of the overall austerity scheme they are trying to pull off."
These austerity schemes are doomed to fail, and that poses the next big question for Obama's ultimate controllers in London: When do they decide that the President is beyond salvation, and what do they do then? ...
----------------------
Want more detail?
White House in Hiding, Senators Say Obama Doesn't Have the Votes to Pass Reform
August 17, 2009 (LPAC)—The White House and Nancy "Marie Antoinette" Pelosi were in hiding from the cameras on Sunday, while more than 4 hours of TV "talking heads" shows addressed nothing but health care, and demonstrated that Obama's Nazi health care policy is becoming more and more hated. The TV talk shows, from Fox Sunday, to ABC This Week, to Meet the Press, were total brawls that revealed that the votes are not there to pass the health plan in either the Senate or the House. Among the major revelations indicating that Obama is doomed were that:
(1) the public option is "not essential" — HHS Secretary Sibelius;
(2) "there are not enough votes in the U.S. Senate for the public option. There never have been," and for the President to pursue this is a "wasted effort" — Sen. Kent Conrad (D-ND), a member of the "Gang of Six" bipartisan negotiators in the Senate Finance Committee;
(3) there is no September 15th deal promised by Sen. Max Baucus to Obama to produce a Senate Finance Committee bill. Instead, the Committee "will be ready when we are ready," pending answers from the Congressional Budget Office — Sen. Kent Conrad;
(4) there will be no "mandatory end of life counseling" included in any bill that passes, according to Sen. Conrad, and Secretary Sibelius made a similar announcement that end of life counseling is "probably off the table" now due to the "horrific" opposition;
(5) IMAC and NICE are major targets of the Republicans who oppose the existing plans, but both TV moderators interrupted the Senators when they mentioned the names of these bodies. Instead, the moderators only wanted to use the term, "death panels."
Specifically, Sen. Tom Coburn (R-OK) went after the end of life counseling as intolerable, and also cited NICE as the model for "rationing," and the reason that he recently told reporters that the "Democrats' health plan will kill Americans." When the moderator goaded him, "Is that reasonable discourse?" Coburn replied, "Absolutely ... let's look at the NICE system." That led fellow guest Tom Daschle to cut him off in a frenzy.
Sen. Shelby repeatedly accused the White House of advocating rationing; a video was shown of Sen. Chuck Grassley (R-Iowa), another member of the bipartisan "Gang of Six" negotiating the Senate bill, has been at several town meetings in Iowa, where he is saying that we "should not have counseling on the end of life ... we should not have a government program that determines you're going to pull the plug on Grandma." And Sen. Orin Hatch, who has co-sponsored health bills with Kennedy, Waxman, and Dodd, said he will not negotiate with the White House until the "government option" is removed completely, and went after the "IMAC" board by name, directly noting that this rationing board would be appointed only by the President.
More and more people are saying that the health plan is doomed. A.B. Stoddard from The Hill reported that in a conversation with a "leading" Blue Dog Democrat, he revealed that they "are not going to be able to pass" a bill in the House, because the Blue Dogs "are peeling off" from support. Polls show that opposition to the health care is about 7 percentage points above support; Sen. Shelby said that the Town Hall protests are having a major effect on how the Congress will vote.
------------------------------------------
We don't want another 9/11
"We want the President safe. Unless he changes his policies in the immediate days ahead, he will become an ever increasing object of hatred from the American people. We want to assure his safety, because there should be no guilt associated with hatred for the President's horrible policies, from bailing out Wall Street, to his so-called health care reforms.
"These guys [see below] are spreading degenerate lies. They are lying about the American people, and lying about the actual popular upheaval against policies that will kill. The American people do not want to be killed, and these two British writers are stupid jerks who don't know the first thing about what is going on here. In point of fact, the people putting out this kind of propaganda are doing the most to set up the conditions for such an attack on the President. The citizens showing up at the town hall meetings around the country are showing a decent respect for the person of the President, while voicing their strong opposition to the policies he is promoting. The lying claims of racism are exactly the opposite of the truth. The made-in-London policies being promoted by this Administration are where the racism is to be found—hatred of the human race.
"The [oligarchy] may very well be attempting to orchestrate U.S. politics by assassination. It would be dangerous to deny this. That is why I am speaking out, as a responsible public figure, now. If anything happens to the President, you can start with the assumption that the orders came from London. Preemptive exposure is the best insurance against something happening to the President."
[Actually, the four paragraphs above were the last four of the following:]
Oligarchy, Furious At Obama, Could Go For the Kill
August 17, 2009 (LPAC)—Two major British Sunday newspapers—the Observer and the Independent—published black propaganda stories today, claiming that the outpouring of opposition to the President's health care "reforms" is coming from a rabid rightwing extremist movement, that could attempt to assassinate the President. Lyndon LaRouche promptly denounced these British stories, warning that if there is any attempt to assassinate the President, it will come from top circles in London, who are furious at President Barack Obama, for flubbing the British demands to impose fascism on the United States.
Writing in the Independent, Rupert Cornwell touted a recent study by the ADL-allied Southern Poverty Law Center (SPLC), claiming a massive increase in radical militia activity as proof that a major domestic terrorist attack or a direct hit on Obama is likely. "As one SPLC official puts it, every element is in place for a 'perfect storm' of home-grown extremism. For the first time, the detested federal government is run by a black man. A struggling economy fuels discontent, with illegal immigrants accused of stealing American jobs. The military, long a breeding ground of the far right, is sending home veterans in vast numbers. Finally, there is the internet, which simultaneously propagates and intensifies the feelings of true believers—and the conspiracy theories they devour. The US has always had a taste for conspiracy theories, but rarely as now."
Writing in the Observer, the Sunday edition of the Fabian Society-linked Guardian newspaper, Paul Harris was even more blunt. In an article headlined, "Fears for Barack Obama's safety as healthcare debate fuels extremism," Harris wrote, "Welcome to the disturbing new face of the radical right in America. Across the country, extremism is surging, inflamed by conservative talkshow hosts, encouraged by Republican leaders and propagating a series of wild conspiracy theories. Many fear it might end in tragedy... Such extremism is becoming a major security issue, prompting fears of an attack on Obama's life or some other incident of domestic terrorism." Harris not only cited the same Southern Poverty Law Center study as did the Independent's Cornwell. He interviewed Chip Berlet, the sexually ambiguous longtime slanderer of Lyndon LaRouche, who cackled, "This is a very dangerous situation that can spin off 'lone wolf' individuals who decide now is the time to act against people they see as an enemy."
[T]here is a threat against the President's life, but not from the so-called extremist fringe in America. [ . . . ] It is estimated that the greatest danger to the life of the President is [ . . . ]aimed at attracting sympathy to the dead man's cause. Were this to happen, it would represent a new 9/11 attack, with even more devastating consequences.
------------------------------------
Saturday, August 15, 2009
Looking to the Future
Beyond today's debate... A New Global Economy, The Path to Optimistic Cooperation and International Development. (What school could have been.)
Plants are not surgeons, surgeons are not plants.
Nevermind. You'll see after watching this 6-7 minute video. A young woman with a view to the future...
Friday, August 14, 2009
Healthcare Reform: What the Obama Administration is Up To
August 13, 2009 (LPAC)—Reliable sources inform LaRouche PAC that the Obama White House and OMB director Peter Orszag have told Congress they will refuse to accept any healthcare "reform" legislation which does not legislate Orszag's killer Independent Medicare Advisory Commission (IMAC) into power. Orszag's Office of Management and Budget (OMB) is openly "fixing" the so-called scoring of healthcare reform plans in order to compel Congress to do so.
The IMAC is at the core of the Obama healthcare "reform's" actual fascist agenda; it copies the "T-4" (Tiergarten 4) euthanasia program Hitler established in 1939, to create a board of physicians charged with saving hundreds of thousands of Reichsmarks yearly by terminating care to "lives not worthy of life." The IMAC part of the legislation was written personally by Orszag, giving power to this Commission to order prompt and mandatory cuts in Medicare/Medicaid funding of specific tests, treatments, procedures, drugs, etc. for seniors and poor people. This commission is also supposed to be made up of physicians, and healthcare "experts," but at Orszag's insistence it can be overruled by government actuaries and ordered to make even deeper, faster cuts.
But the deadly IMAC—due to Congressional Democratic resistance to a panel that clearly can kill elderly and poor people by cutting off funding of their medical care—has not been incorporated in any healthcare "reform" bill produced by any Congressional committee so far.
Sources say that White House staff are telling Congressional leaders that the IMAC must be put into that legislation by September. And Orszag has told those leaders that in order to enforce this, OMB is predetermining that any bills not creating a powerful IMAC are being "scored" by OMB to appear to cost very large, $1 trillion-plus sums, in order to rule such bills out as unacceptably expensive. The closely watched "scoring" process, in a word, is fixed—openly and arrogantly so. The White House will bludgeon the Congressional committees until they get IMAC—their euthanasia board—passed; or until the American people force them to abandon the whole criminal campaign.
The IMAC is at the core of the Obama healthcare "reform's" actual fascist agenda; it copies the "T-4" (Tiergarten 4) euthanasia program Hitler established in 1939, to create a board of physicians charged with saving hundreds of thousands of Reichsmarks yearly by terminating care to "lives not worthy of life." The IMAC part of the legislation was written personally by Orszag, giving power to this Commission to order prompt and mandatory cuts in Medicare/Medicaid funding of specific tests, treatments, procedures, drugs, etc. for seniors and poor people. This commission is also supposed to be made up of physicians, and healthcare "experts," but at Orszag's insistence it can be overruled by government actuaries and ordered to make even deeper, faster cuts.
But the deadly IMAC—due to Congressional Democratic resistance to a panel that clearly can kill elderly and poor people by cutting off funding of their medical care—has not been incorporated in any healthcare "reform" bill produced by any Congressional committee so far.
Sources say that White House staff are telling Congressional leaders that the IMAC must be put into that legislation by September. And Orszag has told those leaders that in order to enforce this, OMB is predetermining that any bills not creating a powerful IMAC are being "scored" by OMB to appear to cost very large, $1 trillion-plus sums, in order to rule such bills out as unacceptably expensive. The closely watched "scoring" process, in a word, is fixed—openly and arrogantly so. The White House will bludgeon the Congressional committees until they get IMAC—their euthanasia board—passed; or until the American people force them to abandon the whole criminal campaign.
Wednesday, August 12, 2009
This is not intended as entertainment
The Revolution is underway. Let us not forget that those who are accustomed to using us as beasts to be herded and sent to slaughter are well-practiced in steering revolutions to their usurious ends.
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness. That to secure these rights, governments are instituted among men, deriving their just powers from the consent of the governed. That whenever any form of government becomes destructive to these ends, it is the right of the people to alter or to abolish it, and to institute new government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their safety and happiness. Prudence, indeed, will dictate that governments long established should not be changed for light and transient causes; and accordingly all experience hath shown that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same object evinces a design to reduce them under absolute despotism, it is their right, it is their duty, to throw off such government, and to provide new guards for their future security. --Such has been the patient sufferance . . .
.
Tuesday, August 11, 2009
Pelosi Goes Psycho with Op-Ed Calling Opposition "Un-American"
Aug. 11 (LPAC)—Nancy Pelosi is insane, and is trying to get the Congress to goosestep to Obama's Nazi policies, but her latest attempt—an op-ed (so-signed by House Majority Leader Steny Hoyer) called "'Un-American' Attacks Can't Derail Health Care Debate" has backfired, making her even more desperate. Pelosi's insanity was driven home dramatically in Hoyer's home state—Maryland—where as of 7:00 PM, more than 2,500 angry people had shown up for a town meeting on health care, and only 500 of them were let in.
Clearly in a disassociated state, Pelosi writes that she and Hoyer will spend August working with House Dems to combine the three separate health bills passed in the house to "produce one strong piece of legislation that the House will approve in September." She tries to dismiss the mass strike as "an ugly campaign [that] is underway not merely to misrepresent [the issue] ... but to disrupt public meetings.... The tactics have included hanging in effigy one Dem member of Congress in Maryland and protesters holding a sign displaying a tombstone with the name of another congressman in Texas, where protesters also shouted....
"Drowning out opposing views is just plain un-American."
Incredibly, she never mentions FDR, but rather, credits racist British agent Teddy Roosevelt for putting health care on the "national agenda as early as 1912, thanks to [his] Bull Moose presidential run." In deference to TR, she says, "This fall at long last, we must reach it."
This psychotic rant has already triggered furious backlash, with editorials and denunciations from all over the country beginning with House Minority Leader Rep. John Boehner (R-Ohio). By the end of the day, even the White House spokesmen and Obama himself in Mexico had made Pelosi a laughingstock, by praising, not denouncing the "vigorous" opposition as a national tradition.
Pelosi is so hated that Washington, D.C.'s leading all-news radio station, WTOP, on its website reporting the story of Pelosi's op-ed, anticipated an avalanche of opposition to her, and warned: "Please note that WTOP strives to be a family-friendly website, so please keep the language clean when you add your comments..."
Clearly in a disassociated state, Pelosi writes that she and Hoyer will spend August working with House Dems to combine the three separate health bills passed in the house to "produce one strong piece of legislation that the House will approve in September." She tries to dismiss the mass strike as "an ugly campaign [that] is underway not merely to misrepresent [the issue] ... but to disrupt public meetings.... The tactics have included hanging in effigy one Dem member of Congress in Maryland and protesters holding a sign displaying a tombstone with the name of another congressman in Texas, where protesters also shouted....
"Drowning out opposing views is just plain un-American."
Incredibly, she never mentions FDR, but rather, credits racist British agent Teddy Roosevelt for putting health care on the "national agenda as early as 1912, thanks to [his] Bull Moose presidential run." In deference to TR, she says, "This fall at long last, we must reach it."
This psychotic rant has already triggered furious backlash, with editorials and denunciations from all over the country beginning with House Minority Leader Rep. John Boehner (R-Ohio). By the end of the day, even the White House spokesmen and Obama himself in Mexico had made Pelosi a laughingstock, by praising, not denouncing the "vigorous" opposition as a national tradition.
Pelosi is so hated that Washington, D.C.'s leading all-news radio station, WTOP, on its website reporting the story of Pelosi's op-ed, anticipated an avalanche of opposition to her, and warned: "Please note that WTOP strives to be a family-friendly website, so please keep the language clean when you add your comments..."
Reality of Collapse Destroys Fantasy of Recovery
Headlines blare that the recession has ended, and the recovery is on. The hype machine is all revved up, pushing the line that the worst is over, the economy is stabilized, and poised for a recovery that, if it hasn't already started, is just around the corner.
The nominal reason for this giddy burst of propaganda is that the rate of collapse of U.S. GDP has slowed significantly. That means, according to legions of experts, that the uptick is on, just as they predicted. These are, of course, the same experts who have been telling us, constantly, since the crisis began, that the worst was over and the recovery had started. And they are the same economists who assured us, before the system died, that the fundamentals of the economy were sound.
Our admiration for experts and their statistics is without bounds, but if once, just once, reality would follow their fine theories! Unfortunately, reality does not seem to share their lofty views of their own competence. Maybe that's because these so-called experts are a collection of idiots, incompetents, and whores, who can't see the collapse, even as it crushes them. They are little more than well-paid cheerleaders for a recovery that never comes.
It Is Gross
We've thoroughly debunked the statistic known as gross domestic product (GDP) over the years. GDP is a number which purports to represent the dollar value of the nation's output of goods and services. It has two devastating flaws:
First, it makes no distinction between productive and overhead activities; and,
Second, it is denominated in dollars rather than in physical units. GDP makes no distinction between, say, the steel industry and the derivatives casino. Both add to the nation's dollar output, so both are treated as useful. GDP does not discriminate between the creative organism and the parasites. Good thing, too, since if it did, the hypnotic chart-line would be falling like a rock.
The keepers of the GDP are the folks at the Bureau of Economic Analysis (BEA), of the U.S. Department of Commerce, largely run for the benefit of big business--the giant companies and cartels, and the financiers which control them. Commerce does its best to please them: If they want statistics which hide the damage, that's what they'll get.
It's getting harder and harder for them to hide that destruction, but they do try. So they tell us that
GDP fell at an annualized rate
of just 1% in the second quarter of 2009,
significantly less than the 6.4% in the first quarter.
That's practically no collapse at all,
and no collapse means the recession is over,
and that means the recovery is on!
Simple,
once you non-think it through.
The '-Less' Recovery
We've already been told that this is a jobless recovery, but it appears that there are quite a few other "-lesses" as well.
Production-less,
trade-less,
home-less, and
profit-less,
just to name a few.
Let's start with jobs. When Lyndon LaRouche declared at his July 25, 2007 webcast that the financial system was dead, the official U.S. unemployment rate was 4.7%, and it doubled since, to 9.5% as of June 2009. The real unemployment rate is probably around 30%, but even the "official" figures show a disaster.
During that period, the "official" number of unemployed persons has jumped from 7 million to nearly 15 million.
During that same period, the initial claims for unemployment insurance have also doubled, rising from some 308,000 for the week of that webcast, to 584,000 the week of July 25, this year.
Manufacturing employment, which was already at historic lows, has dropped another 15% since LaRouche's 2007 webcast, and is down 39% from its 1979 peak. On a per capita basis, manufacturing employment is at levels not seen since the Civil War era. Given the importance of manufacturing production to an economy, this is a disaster.
Jobs are also disappearing in the service sector, which had shown virtually uninterrupted growth since the 1940s. Some 2.4 million jobs in the "service-providing industries" have been lost since July 2007. Also hard hit is the financial sector, where employment has dropped 7%—563,000 jobs—since July 2007.
Manufacturing production itself has fallen 17% since LaRouche declared the system dead, according to the manufacturing production index, while the production of durable goods has fallen 32%. Sales of autos and light trucks are off 37% over that period, and down 56% from their peak in October 2001.
Imports and exports have fallen off the cliff, with imports of goods down 27% since July 2007, and down 39% from their peak a year ago. Exports of goods are off 14% since the webcast, and down 30% from their peak in July 2008.
These elements are just a sampling. A recovery is underway?... or, even on the horizon?
We are swirling wildly into a total breakdown.
Not even in the financial sector—where banks are claiming to make big profits and the financial markets are said to be improving—is there a recovery. The bank profits are an illusion, the result of accounting tricks, lying about losses, gouging customers, and apparently even stealing.
If the big banks reported the truth about their financial condition, they'd have to shut their doors, despite the trillions of dollars poured into them via the bailout swindle!
The Dow Jones [post-]Industrial Average has climbed back above 9,000, [whoopie!]
...but the rise is largely the result of the criminal activity known as high-frequency trading. Goldman Sucks is the leading culprit.
There are other bodies waiting to surface, as well. AIG remains in deep kimche, as do Fannie Mae and Freddie Mac; and a company named Capco appears poised to also take its place on the roll of disasters. GE Capital is also in big trouble, and will likely require huge amounts of government funds.
Years ago, when Enron was imploding, we noted that the difference between Enron and GE was just a matter of time. Most people took that as a joke, but we were serious.
Is it time to quit listening to all the fools and cheerleaders, and start listening to the man who has been on the mark all along? Listening is not enough, though. What is required is to act on LaRouche's ideas, and to force the implementation of sane policies of an FDR type.
There is a solution, but we must act. Will we rise and meet the challenge? It is up to us.
------------------------
johnhoefle@larouchepub.com wrote the above, but I messed with it a bunch. His original can be found here.
The nominal reason for this giddy burst of propaganda is that the rate of collapse of U.S. GDP has slowed significantly. That means, according to legions of experts, that the uptick is on, just as they predicted. These are, of course, the same experts who have been telling us, constantly, since the crisis began, that the worst was over and the recovery had started. And they are the same economists who assured us, before the system died, that the fundamentals of the economy were sound.
Our admiration for experts and their statistics is without bounds, but if once, just once, reality would follow their fine theories! Unfortunately, reality does not seem to share their lofty views of their own competence. Maybe that's because these so-called experts are a collection of idiots, incompetents, and whores, who can't see the collapse, even as it crushes them. They are little more than well-paid cheerleaders for a recovery that never comes.
It Is Gross
We've thoroughly debunked the statistic known as gross domestic product (GDP) over the years. GDP is a number which purports to represent the dollar value of the nation's output of goods and services. It has two devastating flaws:
First, it makes no distinction between productive and overhead activities; and,
Second, it is denominated in dollars rather than in physical units. GDP makes no distinction between, say, the steel industry and the derivatives casino. Both add to the nation's dollar output, so both are treated as useful. GDP does not discriminate between the creative organism and the parasites. Good thing, too, since if it did, the hypnotic chart-line would be falling like a rock.
The keepers of the GDP are the folks at the Bureau of Economic Analysis (BEA), of the U.S. Department of Commerce, largely run for the benefit of big business--the giant companies and cartels, and the financiers which control them. Commerce does its best to please them: If they want statistics which hide the damage, that's what they'll get.
It's getting harder and harder for them to hide that destruction, but they do try. So they tell us that
GDP fell at an annualized rate
of just 1% in the second quarter of 2009,
significantly less than the 6.4% in the first quarter.
That's practically no collapse at all,
and no collapse means the recession is over,
and that means the recovery is on!
Simple,
once you non-think it through.
The '-Less' Recovery
We've already been told that this is a jobless recovery, but it appears that there are quite a few other "-lesses" as well.
Production-less,
trade-less,
home-less, and
profit-less,
just to name a few.
Let's start with jobs. When Lyndon LaRouche declared at his July 25, 2007 webcast that the financial system was dead, the official U.S. unemployment rate was 4.7%, and it doubled since, to 9.5% as of June 2009. The real unemployment rate is probably around 30%, but even the "official" figures show a disaster.
During that period, the "official" number of unemployed persons has jumped from 7 million to nearly 15 million.
During that same period, the initial claims for unemployment insurance have also doubled, rising from some 308,000 for the week of that webcast, to 584,000 the week of July 25, this year.
Manufacturing employment, which was already at historic lows, has dropped another 15% since LaRouche's 2007 webcast, and is down 39% from its 1979 peak. On a per capita basis, manufacturing employment is at levels not seen since the Civil War era. Given the importance of manufacturing production to an economy, this is a disaster.
Jobs are also disappearing in the service sector, which had shown virtually uninterrupted growth since the 1940s. Some 2.4 million jobs in the "service-providing industries" have been lost since July 2007. Also hard hit is the financial sector, where employment has dropped 7%—563,000 jobs—since July 2007.
Manufacturing production itself has fallen 17% since LaRouche declared the system dead, according to the manufacturing production index, while the production of durable goods has fallen 32%. Sales of autos and light trucks are off 37% over that period, and down 56% from their peak in October 2001.
Imports and exports have fallen off the cliff, with imports of goods down 27% since July 2007, and down 39% from their peak a year ago. Exports of goods are off 14% since the webcast, and down 30% from their peak in July 2008.
These elements are just a sampling. A recovery is underway?... or, even on the horizon?
We are swirling wildly into a total breakdown.
Not even in the financial sector—where banks are claiming to make big profits and the financial markets are said to be improving—is there a recovery. The bank profits are an illusion, the result of accounting tricks, lying about losses, gouging customers, and apparently even stealing.
If the big banks reported the truth about their financial condition, they'd have to shut their doors, despite the trillions of dollars poured into them via the bailout swindle!
The Dow Jones [post-]Industrial Average has climbed back above 9,000, [whoopie!]
...but the rise is largely the result of the criminal activity known as high-frequency trading. Goldman Sucks is the leading culprit.
There are other bodies waiting to surface, as well. AIG remains in deep kimche, as do Fannie Mae and Freddie Mac; and a company named Capco appears poised to also take its place on the roll of disasters. GE Capital is also in big trouble, and will likely require huge amounts of government funds.
Years ago, when Enron was imploding, we noted that the difference between Enron and GE was just a matter of time. Most people took that as a joke, but we were serious.
Is it time to quit listening to all the fools and cheerleaders, and start listening to the man who has been on the mark all along? Listening is not enough, though. What is required is to act on LaRouche's ideas, and to force the implementation of sane policies of an FDR type.
There is a solution, but we must act. Will we rise and meet the challenge? It is up to us.
------------------------
johnhoefle@larouchepub.com wrote the above, but I messed with it a bunch. His original can be found here.
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