LaRouchePAC

In what can only be described as a perfect irony, President Barack Obama spent the weekend playing golf in Florida with the director of Halliburton and the owner of the Houston Astros, further exposing his true Bush League pedigree. The entire world is ridiculing Obama, for his efforts to sabotage the AIIB, and for waging war against the new paradigm on behalf of Wall Street and London. Isn't it time for all sane Americans to rally to oust this treacherous character from the White House? Obama is guilty of many more crimes against the Constitution than are required for his removal. Anyone arguing that it is "not practical" to dump Obama is living in a fantasy world, ignoring the fact that the last desperate option, for the bankrupt British Empire, is to launch wars and chaos all across Eurasia. Over the weekend the Royal Air Force conducted the biggest maneuvers in 13 years, directed against Russian possible air incursions. NATO is moving weapons and personnel closer to the Russian border, in defiance of all post-Cold War agreements, as well as persistent Russian warnings, the most recent of which were delivered by President Putin, himself, last week, in an address before the directors of Russia's federal security service, FSB, that Russia will not capitulate to NATO blackmail.

Without Obama in the White House, the British have no credible capacity to even bluff Russia and China. So long as Obama remains in office, the danger of general war—including war of thermonuclear extinction—remains far too real to tolerate.

This message—that London and Wall Street must be crushed, and that removing Obama from office is the unavoidable first step—was delivered loud and clear by Schiller Institute President Helga Zepp-LaRouche in a powerful address before a Schiller Institute event in Manhattan on Saturday afternoon. After detailing the Wall Street desperation to prevent the reinstating of Glass-Steagall through extortion, and the grave danger of general war, Helga Zepp-LaRouche developed the ontological foundations of the fight, by detailing the role of Cardinal Nicholas of Cusa, in launching the 15th Century Renaissance and launching the concept of the modern nation-state system.

The actions being taken by China's President Xi Jinping, in coordination with Russian President Vladimir Putin and the other BRICS heads of state, to create a new global paradigm of development—and a new level of cooperation among sovereign nation states—are the seeds of a vitally needed New Renaissance.

Over the next 48 hours, leaders of more than 40 nations will be gathering in Kazakhstan, to launch the Asian Infrastructure Investment Bank (AIIB). Many participated in the just-concluded Boao Forum in China, at which President Xi Jinping beautifully spelled out the new vision of cooperation among all of the nations of Eurasia and beyond, and where the Chinese government issued an official report titled, "Vision and Actions on Jointly Building the Silk Road Economic Belt and 21st Century Maritime Silk Road."

At the same time that these profound developments were occurring, the Anglo-Saudi forces of Empire were escalating the spreading of war and chaos across the Persian Gulf region. At a meeting of the Arab League, Saudi Arabia blackmailed, bribed, and cajoled the Arab states to commit to a new war—in Yemen—which targets Iran, as the alleged mastermind behind the Houthi takeover of the country.

Whether it is the continuing provocations against Russia in Ukraine, or the spreading of mass death and chaos throughout Southwest Asia, the objective of the British Empire crowd is to bring the world to the brink of general war, and to create choke points along the New Silk Road route to sabotage the new paradigm of global cooperation. At the Sharm el-Sheikh Arab League meeting, Egyptian President al-Sissi caused a total freakout on the part of Saudi Foreign Minister Saud al-Faisal, by reading the full text of a letter from Russian President Putin, urging the Arab states to pursue a path of diplomacy under international law—as the only genuine way to defeat the scourge of terrorism.

The entire global situation is reaching a point where the system of empire—centered in the City of London/Wall Street apparatus—and the new BRICS/AIIB paradigm cannot possibly co-exist.

Circulate the petition: The U.S. & Europe Should Join the BRICS

By taking on Obama, and simultaneously wiping out the last vestiges of the Bush legacy of treason against the Republic, dating back to grandfather Prescott Bush's bankrolling of Adolf Hitler, the United States can be freed to return to the historic mission of the U.S. presidency. By dumping Obama and the Bush League, and reinstating Glass-Steagall, the United States—as Helga Zepp-LaRouche emphasized on Saturday in Manhattan—can join in the worldwide movement of the BRICS/AIIB and launch a new Renaissance for all of mankind.

Nothing else is "practical," because nothing less will ensure the survival and prosperity of mankind.

SUPPORTING MATERIAL
Xi Jinping's Keynote at the Boao Forum: “Towards a Community of Common Destiny and a New Future for Asia”

Chinese President Xi Jinping

Read our excerpts on the LaRouchePAC website: http://larouchepac.com/20150330/xi-jinpings-keynote-boao-forum-towards-community-common-destiny-and-new-future-asia Read the full speech on Xinhuanet: http://news.xinhuanet.com/english/2015-03/29/c_134106145.htm

Salon Attacks Wall Street's “Political Shakedown” of Glass-Steagall Democrats

Helga Zepp-LaRouche went right to the heart of Wall Street's "extortion" of Democrats in her Saturday, March 28 presentation to the Schiller Institute conference in Manhattan by calling on participants and all citizens to not allow JPMorgan, Citibank, Goldman Sachs, and Bank of America to make good on their secret meeting plan to stop Glass-Steagall.

On Sunday, liberal publication Salon identifies Wall Street's evil design in an article titled, "Wall Street's Political Shakedown," which identifies Glass-Steagall as one of the main targets of Wall Street's plan.

Luke Brinker, Salon's deputy politics editor, says that the money threat is in essence a criminal act that

"puts the lie to Chief Justice John Roberts' apparently straight-faced assertion, writing his opinion in the Citizens United case, that campaign contributions are not intended to influence lawmakers' official duties."
"Yet, we have an industry that may well cut off a political party if it does not jettison proposals like breaking up Too Big To Fail institutions, reinstating the Glass-Steagall law separating commercial and investment banking, and reining in unscrupulous speculation,"
Brinker writes.

He never mentions Martin O'Malley's push for Glass-Steagall, but says the the policies Wall Street hates and fears are identified with the "Warren wing" of the Democratic Party, which is "far from dominant." He warns that if Wall Street has its way, the Senate leadership—and even potentially the next Democratic presidential candidate—will be put in by Wall Street money because of the

"Democratic neoliberals who have proven all too eager to forge an unholy alliance with the malefactors of great wealth,"
and that

"this Wall Street shakedown will only redouble their [the neoliberal Dems'] commitment to keep the financial powers-that-be placated."

Warnings Grow of Looming Debt Crisis; Eurozone Fakers Say QE Will Save Them

There are growing fears of a new debt crisis, the Guardian reported this weekend, enunciated by, among others, British author and Glass-Steagall proponent Ann Pettifor of Prime Economics, who underscores that nothing has been done since the 2008 crash, particularly on the issue of helping nations that can't repay their debts.

"We're going to have another financial crisis. We're back to where we were, and that for me is really frightening,"
she says.

The Guardian cites others who warn that the global community hasn't really learned the lessons of the Greek debt crisis, "or even of Argentina's default in 2001." Industrialized nations oppose attempts to deal with the issue of sovereign debt restructuring in any venue, such as last year's proposal in the UN General Assembly to debate creating a global mechanism to regulate sovereign debt restructuring. While debate on these proposals goes nowhere, developing nations have meanwhile piled up billions in new debt, thanks to low rates and QE's "cheap money."

On top of Brazil's problems with a strengthening dollar, Turkey, Chile, and Malaysia have large dollar-denominated debts and sliding currencies; several African countries have big debt repayments coming up, and Ghana and Zambia have to go to the IMF. Pettifor warns:

"it's as if absolutely nothing has changed since the [2008] crisis."
In Europe, recognition that Greece cannot pay its debt and may be forced to exit the Eurozone has provoked panic. Yet, according to Sunday's Financial Times, some among the more delusional are comforting themselves with the argument that the European Central Bank's (ECB) Quantitative Easing (QE) program (60 billion euros/month) would contain the consequences of a "Grexit" from the eurozone, harming Greece, "but not the wider region," according to UniCredit chief economist Erik Nielsen.

Yes, there would be negative consequences should Greece leave, Nielsen adds, but "it's all manageable. Nobody in their right mind would start shortening other peripheral debts to any significant extent as long as we have QE." Others are less sanguine. Barclays chief Europe economist Phillippe Guidin de Vallerin worries that "for the moment, everything is being artificially hidden by the QE." He's also nervous about the message going out that membership in the eurozone

"is not irreversible... It would show that you can get out if you want. The next time growth slows and markets realize how high debt levels are in Europe, investors will ask: which country will leave the eurozone next?"

See all the above on the LaRouchePAC website: https://larouchepac.com/20150330/world-ridiculing-obama-its-time-dump-him-and-whole-bush-league

March 27, 2015 - Friday Webcast with Jeff Steinberg

Watch the video, listen to the audio, or read the transcript on the LaRouchePAC website: https://larouchepac.com/20150327/march-27-2015-friday-webcast-jeff-steinberg

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