January 15, 2008 (LPAC) -- The action, by the Fitch bond rating agency, demanding California to sacrifice citizens to defend bondholders, provides a concise pedagogical on how Schachtian fascism works.

In a blatant intervention into the political process on Monday, Fitch placed approximately $50 billion of the State of California's bonds, currently rated "A+" or "A," on "Rating Watch Negative." The primary reason Fitch gives is the "heightened" risk of "lack of political consensus for fiscal solutions."

What Fitch has its eye on is whether the state's legislature caves in to Schwartz-a-Nazi's demands for "consensus." According to Business Wire, the rating downgrade, "would be triggered by the lack of timely action during the emergency session to implement proposed cash conservation or equivalent measures to offset cash shortfalls projected through August, accelerating economic and revenue weakening, extended delays in budget enactment, or the absence of sustainable structural measures incorporated in the final budget."

LaRouche's advice to the state's residents: "Don't Accept a "Son-of-a-Fitch."