09-08-2007, 11:04 PM
"THEY'RE ALL BANKRUPT!"
http://larouchepac.com/news/2007/09/08/t...krupt.html
At the International Ambrosetti Workshop in Cernobbio, Italy, international bankers and economists discussed how much the international financial system has already disintegrated, and which large bank will announce bankruptcy first, the Italian daily Corriere della Sera reports today.
According to Kenneth Rogoff, former chief economist at the IMF, at least 1.3 trillion dollars have evaporated. At least one large bank will go bust, Rogoff says, adding that Moody's could go bankrupt too: "They make 45% of their profits with ratings on high-risk assets." But nobody knows where the largest holes are. "Not even the banks know that," says Alessandro Mitrovich of the Royal Bank of Scotland. "Even if we sat around a table, we would not get a picture of the situation."
YOU CAN'T HAVE YOUR BANK, AND HEDGE FUNDS TOO
http://larouchepac.com/news/2007/09/07/l...ge-fu.html
As the LaRouche Youth Movement drive to save the country's homeowners and banks sweeps across the country, pressuring Congress to enact LaRouche's "Homeowners and Bankers Protection Act of 2007" by the end of September, the international hedge fund cartel--which is run by the British Monarchy out of their Cayman Islands possession--has launched a desperate deployment designed to save...itself! "To hell with homeowners!" they say, "and to hell even with banks" that the hedge fund parasites have taken over and now control.
These locust funds this week brazenly flooded the U.S. Congress with their lobbyists--and their money--to push for their policy. And the evidence was in plain view at the hearings of Rep. Barney Frank's House Financial Services Committee on Sept. 5, and again on Sept. 6 at the House Ways and Means Committe.
Lyndon LaRouche, in discussions on Sept. 7, addressed this situation of the growing polarization in Washington and elsewhere in the country, over the LaRouche policy for resolving the crisis, versus that of the hedge funds.
"There's really one group, which is supporting what we're pushing, which wants to save the banks and the housing. The other group wants to sacrifice the banks and the housing, to save the hedge funds. So we have a fight: Who's on one side, and who's on the other side?
"The point is that, through the hedge funds operation, the banks aren't in control anymore. The banks are controlled by it. So you're trying to find out which banks are behind the hedge fund operations? You've got to find out which hedge fund operations are behind the banks, and controlling the banks. That's the problem.
"This is Rohatyn; this, of course, is also George Shultz, who are behind this. They are saying that you've got to save the hedge funds. Why are they saying you've got to save the hedge funds, and not the banks? Because the hedge funds are controlling the banks! And if you try to defend the banks, you're going to sink the hedge funds, and get the banks back in control of their own business.
"So this has to be made clear. Will you defend your bank, or the international hedge fund cartel? There is a conflict between the international hedge fund cartel, whose headquarters is the Cayman Islands, the British monarchy, as against the banks on the federal and state level in the United States, and in Europe. The banks don't control banking anymore: the international hedge fund cartel does.
"Our view is, the only way you're going to save civilization is sink the hedge funds, and keep the banks. You've got a choice: dump the banks in favor of the international hedge funds--it's called Globalization II--or save the banks and let the hedge funds sink all by themselves.
"We have to make the issue conscious. The reality is there, but the consciousness of the people and institutions is falling way behind the tempo of reality. We have to make it clear, definitive: Which do you choose? You can't have both. You can't have your bank and hedge funds too. You either save your bank at the expense of the hedge funds, or you give up your bank and everything in it, to an international London-centered authority, to a British-centered authority, most of which have offices in the Cayman Islands."
LaRouche went on to explain the urgency of getting Congress to pass his Homeowners and Bankers Protection Act of 2007 (HBPA): "My estimate is that by the end of September, you won't have the United States, unless something is done about this crisis. I know what we're dealing with here. We're dealing with something which is analogous to what happened in Germany in the middle to Fall of 1923. It takes a different form, because what they're doing today is they are monetizing worthless paper, and using that to create hyperinflation in the market. And this hyperinflation is hungrier and hungrier for more rent and things like that. And those inflationary effects are accelerating the breakdown of the housing sector. So that in about 30 days more of this stuff, you are going to have a blow-out of the U.S. economy, comparable to what happened in Germany, going in the direction of what happened in Germany in the Fall of 1923. We're that close."
LaRouche then discussed how to deploy to get the HBPA passed:
"We should not split our effort, between the housing bill and other initiatives. This is the issue. The question of this bill is the only issue. Any other issue is a waste of time. If this issue does not win, everything else will fail. If this issue wins, then we have a chance, the country has a chance. And if we split the effort, we're going to regret it, deeply, within 30 days. There should be only one concentration: on this bill. Period. Because the fate of the nation depends upon it. "The power that makes this legislation go through is not the Congress. The Congress has to pass the legislation, but the driver to convince the Congress to pass the legislation will come from the states, not from the Congress itself. The way this thing will work, is that you go to the people, and you go to the people in the states.
"You see, you don't have a `national housing crisis;' you have a state by state, national housing crisis. People don't live in an abstract congressional form; they live in actual states, and communities within states. Therefore, the pressure is on from the communities who are suffering mass evictions, which are rising at an accelerating rate. And our job is to keep them from being evicted. If they are evicted, then we lose the country.
"So the state legislators and people around them are the ones who will kick the Congress in the rear end, and in the head if necessary, to get the national legislation passed. That's the algebra of this thing. Any other interpretation is wrong, because it's not looking at reality. It's looking at things like objects, like "I want to buy this toy rather than that toy." People have not yet come out of childhood. They're arguing which toy to buy. "It's funny. You know people still have, as young adults and older, they still have this kind of thing they had when they were children, of which toy to buy. And often they look at things in life--they even have mating patterns among young people which are based on which toy do I like better. It's something to play with, you see. It's not serious, which goes especially with the post-industrial society mentality.
"The continued existence of the United States as a nation, over the months ahead, depends absolutely on getting this legislation through, now," LaRouche concluded.
WE HAVE THE GREATEST OPPORTUNITY FOR THE IMPROVEMENT OF THE CONDITION OF HUMANITY, WORLDWIDE
Lyndon LaRouche transmitted the following remarks to the 10th anniversary celebration of the Technological University of Peru, on Friday, Sept. 7, 2007. An audio file of LaRouche's remarks, dubbed in Spanish, was played to the gathering, and a written version of it was handed out to all participants.
Well, this is Lyndon LaRouche speaking, from Germany in fact, and I want to extend my greetings to the Technological University of Peru, and to our host Engineer Amuruz [Ing. Roger Amuruz Gallegos], on the occasion of the tenth anniversary of the Technological University.
This is an interesting time, because we're having a conference, here in Germany, this coming week, which will be an international conference attended by some hundreds of people from various parts of the world: on the subject of the present crash of the international monetary-financial system, and at the same time, on measures for economic recovery worldwide under these conditions. One of these conditions of course, which will be of interest to the faculty and students at the Technological University, is, we are involved in something I've been pushing for a long time--my wife and I--of developing a Land-Bridge across the Bering Strait, from Siberia to Alaska, with the idea of extending that rail connection, and I would propose magnetic levitation, down through Canada, through the United States, into Central America, through the Gap, into South America. This would, in effect, unite three continents: Eurasia, the Eurasian continent in particular; the Americas, North and South; and therefore, Europe. And it would mean, easily, we could extend the same type of line through Southwest Asia, and also directly from Europe itself, where there are plans to run lines, as from Spain, into North Africa and so forth.
This would mean a change, a geopolitical change in the planet. It would mean that no longer would we be depending on shipping, which is slow, nor would we have to use expensive, and inefficient economically, air transport; but we can move not only people, but freight, efficiently, by modern systems of up to the equivalent of 300 miles per hour, or about 500 kilometers an hour. We can move freight from part of these three continents, or mega-continents throughout the world.
This means that whole areas of the world which are less developed, but which contain potential natural resources of value, would now be accessible to humanity in an efficient way.
This would mean a revolution in the economy of the world. Now, as I said, this comes at a time when we face the biggest crisis, the biggest financial-monetary crisis in modern history, since at least the 1648 signing of the Treaty of Westphalia, the Peace of Westphalia. So therefore, we come at a collision point between the worst economic depression, potentially, the worst financial collapse of modern civilization since 1648, and at the same time, the greatest opportunity for physical development of the world economy and its continents, over the same period.
We now have a struggle inside the United States, to defeat what is a presently onrushing financial-monetary breakdown crisis, not only in the United States, but of Europe. Such a breakdown crisis, of Europe and the United States, would have chain-reaction effects on the world as a whole. For example: As a result of outsourcing policy, China depends greatly on sales to the United States of exports; India, more or less, a similar kind of situation, not quite the same. Of course, Africa is desperate. And the already bad conditions in the United States are terrible for Mexico, and for countries in South America.
So therefore, what we're doing now, is, we're now mobilizing an emergency measure, the first
of a series of proposed emergency measures, which I have launched with some favorable reception among leading circles inside the United States. As you probably know, the world financial-monetary crisis is reflected most conspicuously in the fact that the large-scale investments in real estate--that is, in mortgages, and the use of mortgages as security for large-scale financial speculation--is the breaking point causing this now-onrushing financial breakdown crisis of the world, which is what we have to think of. So I have proposed, and we've had much acceptance of this, we're pushing for the adoption of the relevant U.S. Federal regulations now, for the month of September--should happen now, could happen now, but we're going to have to fight to make it so. But my proposal, my proposed draft legislation, after its enactment by the U.S. Congress would guarantee that no householder would be thrown out of their home because of foreclosure on a mortgage. We would also protect the chartered banks of the United States, those that are registered as Federal banks, under Federal law, or those which are registered as state banks, under state law; they're private banks, but nonetheless, they are protected because of their status under Federal and state law.
Therefore, this would not solve the crisis, but it would prevent a breakdown crisis of the United States, and potentially Europe. And stopping that breakdown crisis, would give us the room to launch a recovery program, with the same spirit that President Franklin Delano Roosevelt organized the U.S. recovery from the Depression of 1929-1933. That's our perspective.
Obviously, the fate of the nations of South and Central America depend greatly on how we deal with this crisis. Now, there are many opportunities, and there's also something else: As you know, during a period, especially since 1968-1972, there has been a breakdown, coming out of the long U.S. war in Indo-China, a breakdown in U.S. policy, away from the Roosevelt fixed-exchange monetary system. As a result of that breakdown, we had a crisis in international finance and monetary systems over the course of the 1970s. We also had, after 1972, a series of changes in policy, which led to this present policy of globalization, and so forth. This has been a disaster, and has been the real cause of the present crisis.
If we're going to recover, from the onrushing Great Depression--we're going to stop it, and recover--we're going to have to create state credit, which will be emphasized at more than 60%, if we're sane, on reconstruction and improvement of the basic economic infrastructure of the United States and other nations. What we will do, is, use the engineering and production capabilities, which are stimulated by large-scale infrastructure projects, as a way of building up the economy for the production of goods and for agriculture. And thus, have a general recovery, which will remind us in some ways of what Franklin Roosevelt did to defeat the Depression which he faced, when he went into the Presidency in March of 1933.
That means, that for the students at the University, that there are challenging careers opening up, and great needs--not merely opportunities for great projects, but great needs for these projects--if we are to ensure the security of the sovereign states of the Americas, and of other parts of the world. In terms of the cooperation, there was a conference recently held in Russia, to which I was invited--I didn't attend directly, but I had a representative there; and I was in Russia for an event, immediately in the period following. What has been agreed upon, by Russians and others, is the launching of one of the greatest projects that mankind has ever undertaken, in terms of engineering: That, not only the Bering Strait Tunnel project, from the tip of Siberia to Alaska, but this means the greatest revolution in the large expanse of Northern Asia and the Americas so far. This has been agreed to, by Russia, by leading Russians--for example, the former head of the scientific research institute at Novosibirsk, Vladimir Lamin is the key sponsor of this, initiator of this, and head of one of the committees.
People in the Russian government otherwise have supported it. Other countries have indicated their interest. There are proposals from Denmark, for example, for magnetic levitation railway systems, to connect, implicitly out of Denmark, but implicitly aimed across Eurasia. Other countries want this.
So, we are on the verge of the greatest challenge in engineering the world has ever known: And it's coming on your doorstep, if we succeed, by the time you graduate from your studies at the University.
So, let us hope that we succeed. For, if we do, we shall make a better world, for all of us. And the aspirations of the Peruvians which have been there for a long time, could now begin to be realized. And patriotism would mean, not fighting wars--we hope we don't have to fight more wars; we think this would help--but it means that the sovereignty of nations in rebuilding their countries, or building them up, solving the problems of poverty, solving the problems of misery, the management of water, the supply of power, and the development of better health programs, all of things would flow.
So, again, this is our situation, this is your situation. We're at a point of a great divide: We have the greatest financial crisis, worldwide, in modern history, is coming on like an avalanche, now. But at the same time, if we all address this problem, we have the greatest opportunity in the history of humanity, for the improvement of the condition of humanity, worldwide.
REBUILDING THE BRITISH EMPIRE
http://larouchepac.com/news/2007/09/08/b...mpire.html
On September 10 a military conference entitled "Defence to 2020 and Beyond," has as it main theme, how the military must address the "breakdown of global order" in the next decade, according to Janes Defence Weekly. The conference is clearly aimed at the "day after" the financial collapse, and warfighting in the "new dark age" that Lyndon LaRouche has been warning of if a new financial system is not immediately implemented.
The conference main sessions have titles such as "Future of Warfare-What Should Be Anticipated- Policy issues; asymmetric conflict..." Another more telling session is entitled, "Protecting freedom of the seas, littorals and choke points if globalisation breaks down." And another, "After Iraq and Afghanistan - dealing with failed and failing states."
Almost all of the speakers are active duty military officers from Great Britain, the U.S., Germany and other NATO countries, as well as Australia., including Lt General David Richards, Commander of NATO's Allied Rapid Reaction Corp; Lt.General James Mattis, Commander U.S. Marine Forces Central Command, Lt.General David Hurley, Australian Dept of Defence, Vice Admiral Gerard Valin, head of plans and capabilities, French Navy. The only non-active duty military named is Dr. Anthony Cordesman of CSIS.
The spiritual father and keynote speaker at the conference is Rear Admiral Chris Parry of Her Majesty's Royal Navy and Director of General Development, Concepts and Doctrine Centre of the British Ministry of Defence.
After implementing a policy to destroy nation states, the British are now formulating a military doctrine to rebuild their empire on the East India company modal.
http://larouchepac.com/news/2007/09/08/t...krupt.html
At the International Ambrosetti Workshop in Cernobbio, Italy, international bankers and economists discussed how much the international financial system has already disintegrated, and which large bank will announce bankruptcy first, the Italian daily Corriere della Sera reports today.
According to Kenneth Rogoff, former chief economist at the IMF, at least 1.3 trillion dollars have evaporated. At least one large bank will go bust, Rogoff says, adding that Moody's could go bankrupt too: "They make 45% of their profits with ratings on high-risk assets." But nobody knows where the largest holes are. "Not even the banks know that," says Alessandro Mitrovich of the Royal Bank of Scotland. "Even if we sat around a table, we would not get a picture of the situation."
YOU CAN'T HAVE YOUR BANK, AND HEDGE FUNDS TOO
http://larouchepac.com/news/2007/09/07/l...ge-fu.html
As the LaRouche Youth Movement drive to save the country's homeowners and banks sweeps across the country, pressuring Congress to enact LaRouche's "Homeowners and Bankers Protection Act of 2007" by the end of September, the international hedge fund cartel--which is run by the British Monarchy out of their Cayman Islands possession--has launched a desperate deployment designed to save...itself! "To hell with homeowners!" they say, "and to hell even with banks" that the hedge fund parasites have taken over and now control.
These locust funds this week brazenly flooded the U.S. Congress with their lobbyists--and their money--to push for their policy. And the evidence was in plain view at the hearings of Rep. Barney Frank's House Financial Services Committee on Sept. 5, and again on Sept. 6 at the House Ways and Means Committe.
Lyndon LaRouche, in discussions on Sept. 7, addressed this situation of the growing polarization in Washington and elsewhere in the country, over the LaRouche policy for resolving the crisis, versus that of the hedge funds.
"There's really one group, which is supporting what we're pushing, which wants to save the banks and the housing. The other group wants to sacrifice the banks and the housing, to save the hedge funds. So we have a fight: Who's on one side, and who's on the other side?
"The point is that, through the hedge funds operation, the banks aren't in control anymore. The banks are controlled by it. So you're trying to find out which banks are behind the hedge fund operations? You've got to find out which hedge fund operations are behind the banks, and controlling the banks. That's the problem.
"This is Rohatyn; this, of course, is also George Shultz, who are behind this. They are saying that you've got to save the hedge funds. Why are they saying you've got to save the hedge funds, and not the banks? Because the hedge funds are controlling the banks! And if you try to defend the banks, you're going to sink the hedge funds, and get the banks back in control of their own business.
"So this has to be made clear. Will you defend your bank, or the international hedge fund cartel? There is a conflict between the international hedge fund cartel, whose headquarters is the Cayman Islands, the British monarchy, as against the banks on the federal and state level in the United States, and in Europe. The banks don't control banking anymore: the international hedge fund cartel does.
"Our view is, the only way you're going to save civilization is sink the hedge funds, and keep the banks. You've got a choice: dump the banks in favor of the international hedge funds--it's called Globalization II--or save the banks and let the hedge funds sink all by themselves.
"We have to make the issue conscious. The reality is there, but the consciousness of the people and institutions is falling way behind the tempo of reality. We have to make it clear, definitive: Which do you choose? You can't have both. You can't have your bank and hedge funds too. You either save your bank at the expense of the hedge funds, or you give up your bank and everything in it, to an international London-centered authority, to a British-centered authority, most of which have offices in the Cayman Islands."
LaRouche went on to explain the urgency of getting Congress to pass his Homeowners and Bankers Protection Act of 2007 (HBPA): "My estimate is that by the end of September, you won't have the United States, unless something is done about this crisis. I know what we're dealing with here. We're dealing with something which is analogous to what happened in Germany in the middle to Fall of 1923. It takes a different form, because what they're doing today is they are monetizing worthless paper, and using that to create hyperinflation in the market. And this hyperinflation is hungrier and hungrier for more rent and things like that. And those inflationary effects are accelerating the breakdown of the housing sector. So that in about 30 days more of this stuff, you are going to have a blow-out of the U.S. economy, comparable to what happened in Germany, going in the direction of what happened in Germany in the Fall of 1923. We're that close."
LaRouche then discussed how to deploy to get the HBPA passed:
"We should not split our effort, between the housing bill and other initiatives. This is the issue. The question of this bill is the only issue. Any other issue is a waste of time. If this issue does not win, everything else will fail. If this issue wins, then we have a chance, the country has a chance. And if we split the effort, we're going to regret it, deeply, within 30 days. There should be only one concentration: on this bill. Period. Because the fate of the nation depends upon it. "The power that makes this legislation go through is not the Congress. The Congress has to pass the legislation, but the driver to convince the Congress to pass the legislation will come from the states, not from the Congress itself. The way this thing will work, is that you go to the people, and you go to the people in the states.
"You see, you don't have a `national housing crisis;' you have a state by state, national housing crisis. People don't live in an abstract congressional form; they live in actual states, and communities within states. Therefore, the pressure is on from the communities who are suffering mass evictions, which are rising at an accelerating rate. And our job is to keep them from being evicted. If they are evicted, then we lose the country.
"So the state legislators and people around them are the ones who will kick the Congress in the rear end, and in the head if necessary, to get the national legislation passed. That's the algebra of this thing. Any other interpretation is wrong, because it's not looking at reality. It's looking at things like objects, like "I want to buy this toy rather than that toy." People have not yet come out of childhood. They're arguing which toy to buy. "It's funny. You know people still have, as young adults and older, they still have this kind of thing they had when they were children, of which toy to buy. And often they look at things in life--they even have mating patterns among young people which are based on which toy do I like better. It's something to play with, you see. It's not serious, which goes especially with the post-industrial society mentality.
"The continued existence of the United States as a nation, over the months ahead, depends absolutely on getting this legislation through, now," LaRouche concluded.
WE HAVE THE GREATEST OPPORTUNITY FOR THE IMPROVEMENT OF THE CONDITION OF HUMANITY, WORLDWIDE
Lyndon LaRouche transmitted the following remarks to the 10th anniversary celebration of the Technological University of Peru, on Friday, Sept. 7, 2007. An audio file of LaRouche's remarks, dubbed in Spanish, was played to the gathering, and a written version of it was handed out to all participants.
Well, this is Lyndon LaRouche speaking, from Germany in fact, and I want to extend my greetings to the Technological University of Peru, and to our host Engineer Amuruz [Ing. Roger Amuruz Gallegos], on the occasion of the tenth anniversary of the Technological University.
This is an interesting time, because we're having a conference, here in Germany, this coming week, which will be an international conference attended by some hundreds of people from various parts of the world: on the subject of the present crash of the international monetary-financial system, and at the same time, on measures for economic recovery worldwide under these conditions. One of these conditions of course, which will be of interest to the faculty and students at the Technological University, is, we are involved in something I've been pushing for a long time--my wife and I--of developing a Land-Bridge across the Bering Strait, from Siberia to Alaska, with the idea of extending that rail connection, and I would propose magnetic levitation, down through Canada, through the United States, into Central America, through the Gap, into South America. This would, in effect, unite three continents: Eurasia, the Eurasian continent in particular; the Americas, North and South; and therefore, Europe. And it would mean, easily, we could extend the same type of line through Southwest Asia, and also directly from Europe itself, where there are plans to run lines, as from Spain, into North Africa and so forth.
This would mean a change, a geopolitical change in the planet. It would mean that no longer would we be depending on shipping, which is slow, nor would we have to use expensive, and inefficient economically, air transport; but we can move not only people, but freight, efficiently, by modern systems of up to the equivalent of 300 miles per hour, or about 500 kilometers an hour. We can move freight from part of these three continents, or mega-continents throughout the world.
This means that whole areas of the world which are less developed, but which contain potential natural resources of value, would now be accessible to humanity in an efficient way.
This would mean a revolution in the economy of the world. Now, as I said, this comes at a time when we face the biggest crisis, the biggest financial-monetary crisis in modern history, since at least the 1648 signing of the Treaty of Westphalia, the Peace of Westphalia. So therefore, we come at a collision point between the worst economic depression, potentially, the worst financial collapse of modern civilization since 1648, and at the same time, the greatest opportunity for physical development of the world economy and its continents, over the same period.
We now have a struggle inside the United States, to defeat what is a presently onrushing financial-monetary breakdown crisis, not only in the United States, but of Europe. Such a breakdown crisis, of Europe and the United States, would have chain-reaction effects on the world as a whole. For example: As a result of outsourcing policy, China depends greatly on sales to the United States of exports; India, more or less, a similar kind of situation, not quite the same. Of course, Africa is desperate. And the already bad conditions in the United States are terrible for Mexico, and for countries in South America.
So therefore, what we're doing now, is, we're now mobilizing an emergency measure, the first
of a series of proposed emergency measures, which I have launched with some favorable reception among leading circles inside the United States. As you probably know, the world financial-monetary crisis is reflected most conspicuously in the fact that the large-scale investments in real estate--that is, in mortgages, and the use of mortgages as security for large-scale financial speculation--is the breaking point causing this now-onrushing financial breakdown crisis of the world, which is what we have to think of. So I have proposed, and we've had much acceptance of this, we're pushing for the adoption of the relevant U.S. Federal regulations now, for the month of September--should happen now, could happen now, but we're going to have to fight to make it so. But my proposal, my proposed draft legislation, after its enactment by the U.S. Congress would guarantee that no householder would be thrown out of their home because of foreclosure on a mortgage. We would also protect the chartered banks of the United States, those that are registered as Federal banks, under Federal law, or those which are registered as state banks, under state law; they're private banks, but nonetheless, they are protected because of their status under Federal and state law.
Therefore, this would not solve the crisis, but it would prevent a breakdown crisis of the United States, and potentially Europe. And stopping that breakdown crisis, would give us the room to launch a recovery program, with the same spirit that President Franklin Delano Roosevelt organized the U.S. recovery from the Depression of 1929-1933. That's our perspective.
Obviously, the fate of the nations of South and Central America depend greatly on how we deal with this crisis. Now, there are many opportunities, and there's also something else: As you know, during a period, especially since 1968-1972, there has been a breakdown, coming out of the long U.S. war in Indo-China, a breakdown in U.S. policy, away from the Roosevelt fixed-exchange monetary system. As a result of that breakdown, we had a crisis in international finance and monetary systems over the course of the 1970s. We also had, after 1972, a series of changes in policy, which led to this present policy of globalization, and so forth. This has been a disaster, and has been the real cause of the present crisis.
If we're going to recover, from the onrushing Great Depression--we're going to stop it, and recover--we're going to have to create state credit, which will be emphasized at more than 60%, if we're sane, on reconstruction and improvement of the basic economic infrastructure of the United States and other nations. What we will do, is, use the engineering and production capabilities, which are stimulated by large-scale infrastructure projects, as a way of building up the economy for the production of goods and for agriculture. And thus, have a general recovery, which will remind us in some ways of what Franklin Roosevelt did to defeat the Depression which he faced, when he went into the Presidency in March of 1933.
That means, that for the students at the University, that there are challenging careers opening up, and great needs--not merely opportunities for great projects, but great needs for these projects--if we are to ensure the security of the sovereign states of the Americas, and of other parts of the world. In terms of the cooperation, there was a conference recently held in Russia, to which I was invited--I didn't attend directly, but I had a representative there; and I was in Russia for an event, immediately in the period following. What has been agreed upon, by Russians and others, is the launching of one of the greatest projects that mankind has ever undertaken, in terms of engineering: That, not only the Bering Strait Tunnel project, from the tip of Siberia to Alaska, but this means the greatest revolution in the large expanse of Northern Asia and the Americas so far. This has been agreed to, by Russia, by leading Russians--for example, the former head of the scientific research institute at Novosibirsk, Vladimir Lamin is the key sponsor of this, initiator of this, and head of one of the committees.
People in the Russian government otherwise have supported it. Other countries have indicated their interest. There are proposals from Denmark, for example, for magnetic levitation railway systems, to connect, implicitly out of Denmark, but implicitly aimed across Eurasia. Other countries want this.
So, we are on the verge of the greatest challenge in engineering the world has ever known: And it's coming on your doorstep, if we succeed, by the time you graduate from your studies at the University.
So, let us hope that we succeed. For, if we do, we shall make a better world, for all of us. And the aspirations of the Peruvians which have been there for a long time, could now begin to be realized. And patriotism would mean, not fighting wars--we hope we don't have to fight more wars; we think this would help--but it means that the sovereignty of nations in rebuilding their countries, or building them up, solving the problems of poverty, solving the problems of misery, the management of water, the supply of power, and the development of better health programs, all of things would flow.
So, again, this is our situation, this is your situation. We're at a point of a great divide: We have the greatest financial crisis, worldwide, in modern history, is coming on like an avalanche, now. But at the same time, if we all address this problem, we have the greatest opportunity in the history of humanity, for the improvement of the condition of humanity, worldwide.
REBUILDING THE BRITISH EMPIRE
http://larouchepac.com/news/2007/09/08/b...mpire.html
On September 10 a military conference entitled "Defence to 2020 and Beyond," has as it main theme, how the military must address the "breakdown of global order" in the next decade, according to Janes Defence Weekly. The conference is clearly aimed at the "day after" the financial collapse, and warfighting in the "new dark age" that Lyndon LaRouche has been warning of if a new financial system is not immediately implemented.
The conference main sessions have titles such as "Future of Warfare-What Should Be Anticipated- Policy issues; asymmetric conflict..." Another more telling session is entitled, "Protecting freedom of the seas, littorals and choke points if globalisation breaks down." And another, "After Iraq and Afghanistan - dealing with failed and failing states."
Almost all of the speakers are active duty military officers from Great Britain, the U.S., Germany and other NATO countries, as well as Australia., including Lt General David Richards, Commander of NATO's Allied Rapid Reaction Corp; Lt.General James Mattis, Commander U.S. Marine Forces Central Command, Lt.General David Hurley, Australian Dept of Defence, Vice Admiral Gerard Valin, head of plans and capabilities, French Navy. The only non-active duty military named is Dr. Anthony Cordesman of CSIS.
The spiritual father and keynote speaker at the conference is Rear Admiral Chris Parry of Her Majesty's Royal Navy and Director of General Development, Concepts and Doctrine Centre of the British Ministry of Defence.
After implementing a policy to destroy nation states, the British are now formulating a military doctrine to rebuild their empire on the East India company modal.