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LaRouchepac
Lyndon LaRouche yesterday publicly warned that, unless President Obama is either removed from office, or stripped of any political independence, he will use the August Congressional recess as the moment of opportunity to provoke a confrontation with Russia that could lead to a general war, including a thermonuclear war of extinction.
"We're coming to a point," with the August Congressional recess, LaRouche warned,
"where Obama will be free to launch war, without any opposition. And that's extremely dangerous. ... And that war would mean probably a thermonuclear war; Russia would not launch the war, but Russia would be prepared to react to the launching of that war, immediately. And that's the situation. And this can mean the extinction of a lot of people on the planet."
The only viable war-prevention option at this late date, LaRouche continued, is to remove Obama from office, or so-cripple him with exposure of his crimes, that he is unable to act.
LaRouche emphasized:
"So we have to understand that, first of all, we have to prevent Obama from being in charge of launching war, when the Congress leaves Washington in August...That's dangerous. There are a number of other considerations which are also similarly dangerous ones; the wrong party getting into the warfare, for example, and that complication. All these things are there."
LaRouche singled out the escalating involvement of Turkey in the ongoing conflict in Syria, as one prime example of the kinds of provocations, like the activation of the Right Sector in Ukraine, that can serve as the pretext for Obama's launching an attack on Russia.
"And this is going to require on our part, I think, more stress than we've ever gone through before, in order to meet all the requirements which represent reasonable security of avoidance of thermonuclear war. And that's where we are."
Among the options for taking down Obama's war plans, cited by LaRouche in his weekly Policy Committee live dialogue, is the prospect of Hillary Clinton coming clean on what she knows of President Obama's willful lying about the Sept. 11, 2012 Benghazi terrorist attack, which resulted in the murders of U.S. Ambassador Chris Stevens and three other American officials.
"Now, you've got the Hillary case. The Hillary case is extremely significant at this point, because the issue is, did she lie on the question of Obama's role [in the Benghazi affair]? And so, Obama can be stopped, if Hillary is honest. If she's not honest, then we got trouble. And we've seen recently that on these matters, she is not honest. On the Glass-Steagall case, for example, she's not honest."
LaRouche emphasized that the challenge on the table, immediately, is to take the necessary actions to prevent a war, a potential war of extinction, from being launched by President Obama.
He concluded:
"That's what I was concerned about: How can we prevent this thing from happening? Not, will the war occur, but how do we act, in order to make sure this does not happen?
"And therefore, if we don't get some leadership, in terms of the United States government, and if we don't get the job done before the Congress goes out of session, then the maximum danger is reached, unless Obama has been removed beforehand. And that's where we are
O'Malley to Washington Press: Pass Glass-Steagall First!
July 23 (EIRNS)-Martin O'Malley, candidate for the U.S. Democratic Presidential
nomination, outlined his Presidential platform on finance to the press today in
Washington, D.C. O'Malley's main point was, "First and foremost, we must pass a
modern version of Glass-Steagall." He added, "We must close the 'revolving door'
between regulators and Wall Street," and not "appoint architects of deregulation to
these positions," "beef up the CFTC [Commodities Futures Trading Commission]
and SEC," and eliminate legal evasions which allow Wall Street principals to
"neither affirm nor deny" breaking the law. O'Malley held up his 10-page "White
Paper" on Wall Street reform to the press.
O'Malley came out of the gate immediately quoting Paul Volcker's recent
warning, "The danger of a crash is as great today as it was eight years ago."
Therefore the absolute priority, he said, is passing a "modern Glass-Steagall Act."
When the floor was opened to the approximately 50 press present, the first
question to O'Malley was asked by EIR's Anita Gallagher: "You have stated your
support for Glass-Steagall as the first thing to be enacted. There are bills to restore
Glass-Steagall before Congress: Senator Warren's S.1709; Rep. Kaptur's H.R.381,
and the Capuano companion bill to Warren's in the House. Will you use your campaign to
get these Glass-Steagall bills passed now?" O'Malley said he would usehis campaign, and "hoped that other candidates would use their campaigns, to get
this legislation passed."
EIR's Paul Gallagher asked O'Malley about building infrastructure in the U.S.,
and its relationship to economic productivity. How would you finance infrastructure
building, he asked, pointing out that China has built 15,000 miles of high-speed rail
in a decade. Through a Reconstruction Finance Corporation? Through a National
Bank? O'Malley said he supports investments in "infrastructure that connects," and
said he was about to issue a campaign infrastructure program. He added that he had
been to China, and was impressed.
O'Malley's Glass-Steagall emphasis was covered by National Journal and many
others. AP reported that O'Malley "challenged the Democratic Presidential field to
commit to making changes on Wall Street, including restoring the Glass-Steagall
law that once separated commercial and investment banking." The AP story was
picked up by the New York Times, Washington Post) ABC News, Post-Bulletin
(Rochester, Minnesota), Frederick News-Post (Maryland), San Luis Obispo Tribune
(California), and 40 other newspapers.
Hillary Confirms Her Campaign's Death; Attacks Glass-Steagall as 'Too Simplistic,'
Says Go with Wall Street's Dodd-Frank
July 24 (EIRNS)-Lyndon LaRouche has stated that when Hillary Clinton refused
to answer LaRouche PAC organizer Daniel Burke's July 13 question, "Will you
restore Glass-Steagall?" she doomed her Presidential bid.
Yesterday, less than two weeks after that intervention, Clinton effectively drove
the nails into the coffin of that campaign, when she told a Columbia, South Carolina,
audience, in response to a question about Glass-Steagall from the floor, that "it is too
simplistic an approach" to just reinstate the Glass-Steagall law. "First and foremost,"
she argued, "let's fully implement Dodd-Frank," the anti-Glass-Steagall legislation
shepherded into law on behalf of Wall Street by its toadies, former Rep. Barney
Frank and former Sen. Chris Dodd, and of course, Barack Obama, which only
facilitated the rebuilding of derivative bubble, now much larger than in 2008.
A tight-lipped Clinton insisted, "I think this is a much more complicated issue
than to just point at any one piece of legislation and say 'if we just pass that,
everything would be fine.' So I am not interested in just saying there's one answer to
the too-big-to-fail problem. We have a too-big-to-fail problem still, and we have to
figure out the best way to address it, and I will be talking more about that. But I'm
not going to be pointing at any one change and saying, you know, 'that'll solve our
problems.' "
Parroting her buddy Barack Obama's argument that it wouldn't have made any
difference in 2008 had Glass-Steagall still been in place, Clinton argued, "Let's fully
take stock of where the banks are today, because, remember, the banks aren't the
only problem." During the Great Recession, she said, it was mortgage companies,
insurance companies, and non-commercial banking entities "who were as big, if not
bigger, contributors to the collapse."
"We have to stand up and defend Dodd-Frank," Clinton demanded, adding that
she frequently consults with both Frank and Dodd. In addition, "my staff has
consulted with them continuously. I give them a lot of credit for getting this
complex piece of legislation through the Congress."
Following these remarks, Clinton ended the questioning and walked away from
the podium.
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LaRouchepac