December 27, 2007 (LPAC)--Responding to media reports that California Governor Arnold Schwarzenegger is about to declare an economic state of emergency, due to California's exploding budget deficit, Lyndon LaRouche today asked: Will Republicans agree with Schwarzenegger or will they denounce him as a terrorist?

LaRouche explained that a declaration of an economic state of emergency for California is tantamount to a declaration covering the entire United States, given the size and importance of the California economy for the U.S.A. In effect, LaRouche explained, if he goes ahead with the declaration of economic emergency, the Governator will be publicly admitting that the Bush Presidency has been a catastrophic failure, from day one, and has destroyed the U.S. economy. In effect, the Bush Presidency has had a more calamitous impact on the United States economy, and the conditions of living for the vast majority of Americans, than the 2000 Al Gore candidacy. The crisis for the U.S. economy, LaRouche elaborated, began at the tail end of the Clinton Presidency, when Gore ran against Bush.

What Schwarzenegger is saying, LaRouche concluded, is that the Bush Presidency is a total failure. G.W. goes home without a legacy--except for the near-universal contempt in which he will be held by the American people.

LaRouche asked: How will the Bush White House and other Republican Party honchos deal with such a condemnation of the present Administration, coming from one of George Shultz and Felix Rohatyn's favorite sons?