The true aspect behind the debt deal reached with Barack Obama on Sunday, July 31, is to conduct a fascist coup against the people of the United States and the Constitution. Voting for it is treason. More updates will appear throughout the day.
With the support around Glass-Steagall on the rise, the real question is "What is real economics?" Here we lay out Lyndon LaRouche's unique concept of economic platforms and the Hamiltonian credit system.
What is behind the debt ceiling debate, and Bernanke's announcement of QE III, is President Obama, a British puppet, and his Wall Street controlled allies in the Congress drawing the United States further into the bailout of the foreign bankrupt monetary institutions of the Empire. Glass-Steagall must be restored and Obama removed from office. There are no other options.
LaRouchePAC's Western States Spokesman Harley Schlanger, and Senior EIR economist John Hoefle expose the fraud of the current debt ceiling discussion
The latest run on Italian state bonds and the downgrading of the bonds Greece and Ireland have signaled the final days of the Trans-Atlantic monetary system. The problem is that cowards on both sides of the Atlantic are falling for bait to continue to bail these bastards out, at the expense of the lives of ordinary people. That must change, and change soon, mankind is far too precious.
In 1796, upon his exit from the office of the Presidency, George Washington warned us of the destructive dangers lurking for our republic behind the shroud of political party. Today, patriots must realize that "loyalty to the club" of partisanship could mean the death of our nation.
This weekend Spain is set to ask for a bailout ahead of schedule, demonstrating the rate of collapse of the financial system moves faster than any bailout attempt. The only solution is the re-implementation of the Glass-Steagall Act.