Vitrenko on Russian Radio: LaRouche Was Right, and Has Moral Authority to Say What Must Be Done

Doctor of Economics Natalia Vitrenko, leader of the Progressive Socialist Party of Ukraine, told a Voice of Russia interviewer on Oct. 21 that, because Lyndon LaRouche was right about the coming global crisis, his proposal for a four-power recovery initiative by the United States, Russia, China and India should be listened to. The Russian interviewer asked Vitrenko to give her impressions of the seminar she attended this past weekend in Germany, featuring a discussion between herself and LaRouche.

Vitrenko said, "For me, it was very important that there are any thinking people at all on our planet. This is the only venue, which would bring together specialists in economics, people who understand what's going on, and people who understand how to save the planet. I would like to underscore that the forecasts of Lyndon LaRouche, the American scholar, and my own forecasts, that precisely this kind of global financial and economic crisis would inevitably occur, proved to be correct. Therefore we have the moral right to condemn those who caused this crisis, and to propose what needs to be done to save the planet."

Vitrenko urged listeners to understand that a $1.4 quadrillion speculative bubble cannot be bailed out, even with the $20 trillion, or more, thrown in to save the banks to date. She denounced as "nonsense" the current claims that a recovery is under way, warning that "today, the world's leading governments — the USA, Russia, China, India — are not doing what is needed to get out of the crisis." Still, Vitrenko said, in accordance with LaRouche's "four powers" perspective, the "main hope" of the world lies with action by those four leading countries, to join efforts to reform the world financial system. This means to "liquidate the financial bubble, and liquidate speculative capital," which these powerful nations can do, together.

Natalia Vitrenko told the Russian interviewer that it is important for the U.S. dollar to be "straightened out," by being linked to a real economic basis. For the Fed to issue money with no backing, she said, it should be understood that the Fed's activity is a "gross violation of the U.S. Constitution," which provides for the government alone, by authorization of Congress, to issue money. "Mankind has little time" before being hit with global catastrophe, Vitrenko concluded, but there is hope as long as human beings are alive.