Showing posts with label BRICs. Show all posts
Showing posts with label BRICs. Show all posts

Monday, August 18, 2014

Lyndon LaRouche's August 15th 2014 Webcast

Staff Writer, R. Patrick Chapman
News / Government
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LEAFLET: The New System

The following are remarks from Lyndon LaRouche in discussion with colleagues on Friday, August 15, 2014...

This date brings us to the point that the trans-Atlantic financial system that you are trapped into, no longer functions. You are no longer a prisoner of that system, because there is a new system coming into existence. Responsible, powerful people have acted. So don't waste any more time or effort on worthless things—such as Wall Street and everything it represents. Just get rid of it. It's time to take out the garbage.

Under the new system, the BRICS and allied nations—such as South America, Egypt, and others—those responsible people have discarded the system of market prices. There are now no fixed values; there are only the new values being created. And this new system of values is being run by people who are saying publicly that the old system is all bullshit. In certain layers in the U.S. and elsewhere, there are some indications of comprehension, and although their understanding isn't perfect, they are coming closer to reality. There are responsible people in this business, who understand an approximation of what estimated value must be.

What we are setting up is a new system of market pricing which is independent of all of today's crap, run by responsible, powerful people—that is our club. And we will dump those who are not in our club. We will play loyally with those people who are, but we are saying "no" to the sharpies with all their crazy schemes.

There is a mass movement underway to create a new set of values throughout the system. And the key to that is the Helium-3/fusion science driver, with China in the lead. Russia, India, Egypt, Argentina—just look at the forces in motion. When an institutional source in Washington told us that there is no political figure in the U.S. other than LaRouche with the stature and knowledge to lead the U.S. into this new system, that is absolutely true. The time has come when responsible people around the world have to meet to discuss the scientific principles behind Helium-3 fusion, and how to create a new system of physical economic values.

LaRouche has been at this for a long time. We are the ones who pushed it, and it works— it more than works. Now we can change everything: what was impossible, can now be done. Many don't understand this yet, but they will. What we are creating is complicated, it's new, but it works. We just have to discard all the garbage: Wall Street is a failure, and should simply be discarded. If it vanishes, that will be a blessing, not a problem. Just get rid of Wall Street at all costs—i.e., theirs.

As for Obama, of course he should consult Congress before launching war, as the Constitution requires. But more to the point, he should be impeached immediately. He's a contemptible piece of crap, who is overripe to be removed. What do you want him around for? Don't let him go any further; just throw him out. The time has come for that. He should be politically fried before he does any more damage.

Our great chance is now. The system is bankrupt, and we have to save the United States now—it can't wait. Nothing else will work. And if people want entertainment, they should just go down to Wall Street and have a good, hearty laugh...

Source: LaRouche Support

Wednesday, May 7, 2014

BRICs-a-Brack While Western Finance Lacks Leadership and Sanity

Staff Writer, R. Patrick Chapman
Finance / Government
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The corruption of the western banking system to debt and graft has left much of the world disenchanted with the Bretton Woods institutions. Even current research of finance, business, and governance are finding corporate control structures and oligarchic behaviors reminiscent of the police state of communistic dictatorships:


Is it any wonder why the world is turning to a new financial system?

In the article from Voice of Russia: BRICS creating parallel Monetary Fund disillusioned with IMF and World Bank, the world sees how the International Monetary Fund (IMF) has become a political institution instead of a financial one and a money arm of the imperialistic west.
Brazil, Russia, India, China and South Africa are fed up with the US failure to ratify a four-year-old agreement aimed at reforming the IMF system. Thus the post war consensus on financing bodies appears to be breaking down, writes the expert in his RT Op-Ed ‘BRICS building parallel IMF.’
The Eastern European and Asian consortium are dealing with the corruption by leaving the corporate, oligarchic structure behind:
"During recent European bailout negotiations, IMF minutes suggest the political classes managed to ride roughshod over the IMF in order to maintain the flawed (and still crumbling) euro currency at all costs. In that sense, having a weak European with ambitions for higher political office makes a mockery of the idea that the International Monetary Fund is anything more than an overdraft facility to be rigged in favor of perceived western political interests," Patrick L Young explains, adding, "No wonder the rising East is disillusioned."
The United States and the United Kingdom cannot continue to maintain fiat currencies, debt bonds, and debt slavery and believe that the world is going to sit idly by as a more severe financial crash than the one in 2008 is recreated for the benefit of a few individuals. 

This current crisis is setting up the demise of the Petrodollar without an alternative form of currency. A currency collapse would usher in hyperinflation seen in third world countries of the past. This time the third world country will be the United States. 

A Global Currency Reset is being established by the Bretton Woods IMF and World Bank but the United States appears unabated to collapse their economic system even though there is a way out of the perpetual debt cycle. 


Unless crashing the Federal Reserve Note is the plan as has been admitted, but what good would that do anyone?

Maybe it is time for a Constitutional Convention that ends the Emergency War Powers of the Corporate United States, District of Columbia, so the world can live in peace once again.

How Americans are Trading with the Enemy Against the Authority of the District of Columbia. It's an educational read why the United States is becoming a police state where United Nations' whims are dictated to Americans like we are prisoners. This behavior of the federal government has to end.

If Americans do not resolve their Constitutional Crisis and take back their country, then the People will continue to be treated like they live in an occupied land.


Source: Washington Times, Voice of Russia