The LaRouche Plan
The Basement Project
MATTHEW OGDEN: Good afternoon. It's Dec. 9th, 2013. My name is Matthew Ogden, and you're joining us for our weekly discussion with the LaRouche PAC Policy Committee.
An impassioned call for the implementation of Glass Steagall in Greece, Europe and the United States was delivered by a major opposition leader in an address before the Greek Parliament. This call was made on 8 December by Mr.
A long debate on the Glass-Steagall Act in the House of Lords Nov. 26-27 saw the U.K.'s Cameron government battling on behalf of City of London banks, to avoid the prospect that Glass-Steagall bank separation be set up as the near-term successor to Britain's so-called "ring-fencing" bank policy.
On Dec. 3, a conference titled "To Die for the Euro?" took place at the European Parliament in Brussels, organized by Italian members of the ELD (Liberal Democrats) faction, Magdi Cristiano Allam and Marco Scurria. Nigel Farage had joined, but could not be present; a message was read by his press secretary Hermann Kelly.
Spanish speakers worldwide are given a taste of the fight between Glass-Steagall supporters and Wall Street's lobby during last week's National Conference of State Legislatures in Washington, D.C., in a news clip filed Monday by HispanTV's Washington correspondent, Alfredo Miranda.
Judge Steven Rhodes’s Detroit bankruptcy ruling last week to commit genocide against retirees on behalf of Wall Street, signaled that the banking vultures are preparing to go after pensions around the country, even in those many states whose constitutions theoretically safeguard pensions.
The urgency for passage of a Glass-Steagall law could not be clearer.
The recent visit of Independent Hellens leader Panos Kammenos to Washington, D.C. to lobby for Glass Steagall has begun to receive coverage in the Greek media.
Obama Administration sources have leaked to the Wall Street Journal that a "final" Volcker Rule may be promulgated during the week of Dec. 9. Treasury Secretary Lew made a triumphal, anti-Glass-Steagall speech Dec. 3 to the Pew Trust's Systemic Risk Council (Paul Volcker and Sheila Bair, co-chairmen), claiming that "too-big-to-fail has been ended."
Rep. Andrea Boland of Maine submitted the following Glass-Steagall resolution to the National Conference of State Legislatures (NCSL) for consideration at the December 2013 meeting.
RESOLUTION CONCERNING REGULATION OF COMMERCIAL AND INVESTMENT BANKING
Sponsor: Representative Andrea Boland