War Is London and Wall Street's Only Option

December 24, 2014

Let this not be the end of the world, but the end of Wall Street.Lyndon LaRoucheDec. 23, 2014

In discussions on Tuesday, Lyndon LaRouche reiterated that the bankruptcy of the London-Wall Street speculative bubble is unstoppable. The derivatives exposure of an estimated $1.7 quadrillion dollars is unpayable. The instability triggered by the Anglo-Saudi manipulation of world oil prices has created one more potential detonator for a total systemic blowout of Wall Street and London's bubble.

Under these conditions, the only option open to the sharks of London and Wall Street is to provoke a world war. A bailout of their debt is impossible. They are in an impossible position, where the bankruptcy of their speculative bubble is unavoidable. As LaRouche repeated his warning:

"The general bankruptcy of Wall Street is unavoidable without a general war. All other options have run out. It is this factor, and this factor alone, that is driving the world to a strategic confrontation that can lead to thermonuclear extinction."

The only true alternative to such a war of extinction is the immediate bankrupting of the London-Wall Street bubble, starting with the immediate implementation of Glass-Steagall, starting in the United States.

There are clear signs that the war danger is being widely recognized, and some actions are being taken to push back. However, alone, these efforts are insufficient, given the existential crisis facing the London-Wall Street ruling circles.

Just in the last 24 hours: As reported on Tuesday, the New York Times published an editorial, signed by the Editorial Board, calling for the criminal prosecution of former Vice President Dick Cheney and the entire top-down Bush-Cheney Administration team that ordered and executed the torture program. The Times editorial has been echoed in coverage around the world on Tuesday.

The most significant statement on the U.S. torture program has come from China's official Xinhua agency, which published a scathing editorial Dec. 23, denouncing the hypocrisy of Washington's human rights campaign against China and many other developing nations, while promoting torture and other crimes at home.

Komsomolskaya Pravda reported on Tuesday that a Ukrainian eyewitness has provided crucial evidence that a Ukrainian Air Force SU-25 shot down the Malaysian Airlines flight 17 over eastern Ukraine. The eyewitness was at the military airport when the SU-25 returned from mission without its air-to-air missiles right after the MH-17 was shot down. The Russian government announced that its investigative commission has immediately launched a formal investigation and will seek to interview the eyewitness.

Like the ad by 60 prominent German figures, published earlier this month in Die Zeit, these moves are clearly indicative of a push-back against the obvious war provocations underway against Russia and China. In effect, the war provocations, first identified by Lyndon LaRouche, immediately after the overthrow and assassination of Libya's Qaddafi, in late 2011, have now reached a showdown moment.

It is going to take a decisive action—the bankrupting of the Wall Street bubble—to fully stop the war drive. Nothing short will suffice.

SEE "Glass Steagall"



New York Times Calls To 'Prosecute Torturers and Their Bosses'

Under a large picture of Dick Cheney, the Editorial Board of the New York Times published a biting editorial demand that President Obama act to ensure that those responsible for the depraved and abhorrent acts of torture carried out in the name of fighting terrorism be investigated and prosecuted, in its Monday, Dec. 22 edition.

Lest the Obama administration, which, as the Times notes, has "failed to bring to justice anyone reponsible for the torture," fail to go after the highest levels of those responsible for the program, the Times names the names, of those who must, minimally, be brought to justice:

"Any credible investigation should include former Vice President Dick Cheney; Mr. Cheney's chief of staff, David Addington; the former CIA director George Tenet; and John Yoo and Jay Bybee, the Office of Legal Counsel lawyers who drafted what became known as the torture memos. There are many more names that could be considered, including Jose Rodriguez Jr., the CIA official who ordered the destruction of the videotapes; the psychologists who devised the torture regimen; and the CIA employees who carried out that regimen."

The same day, the American Civil Liberties Union and Human Rights Watch issued a call for outgoing Attorney General Eric Holder to appoint, before he leaves office, a special prosecutor to investigate the crimes detailed in the Senate Intelligence Committee's report on the CIA's torture program. The Times endorsed that call in its editorial.

The two organizations sent a letter to Holder, specifying that because the released summary of the Senate report contains "significant new information" on the crimes of "torture, homicide, conspiracy and sexual assault," a special prosecutor must carry out a full criminal investigation "of the conduct described in the report, including all acts authorizing or ordering that conduct." The prosecutor must be independent, and given access not only to the full 6,700 page Senate torture report, but to the more than six million pages of documents upon which the report was based, they specify.

"The necessity of investigating issues of criminal liability is made more urgent by the fact that many of the individuals who authorized the conduct documented in the Senate torture report are publicly defending the necessity, effectiveness, and legality of that conduct."

Xinhua: US Betrays its Own Declaration of Independence

Xinhua, the official government news agency in China, has issued an editorial both blasting US hypocrisy regarding human rights and decrying the America's having subverted its own Declaration of Independence both domestically and internationally.

The commentary by Xinhua editor Yang Yi, titled "What can U.S., 'preacher of human rights,' learn from China?", said China has been making considerable progress on human rights protection for its citizens since 2012, but "by stark contrast, an unabashed Washington is probably, as usual, busy preparing for its routine accusations against others, while turning a blind eye to the gloomy reality on its own soil.... Though having achieved certain success in misleading the world to serve its own interests, the self-proclaimed human rights watchdog is apparently being reduced to nothing but a gigantic laughing stock. Following the latest revealed mess on the U.S. soil, many people, both home and abroad, have been disillusioned by America's hypocritical human rights rhetoric."

Yang Yi quotes the Declaration of Independence that "All men are created equal," adding:

"Unfortunately, over two centuries later, today's America is drifting away from the fundamental ideology that has brought the country into being."

He references the inequality of Blacks and other minorities, that the "ideals that have encouraged their ancestors to arrive on the land and strive for a better future through hard work, is turning into a nightmare."

He continues:

"The hegemony the country has exercised in a large swathe of the world, the torture tactic it has practiced against foreign prisoners, and the repeated campus shooting sprees that have claimed numerous lives of innocent students, all point to the sheer hypocrisy of the United States as a defender of human rights. On foreign soil, while U.S. troops are waving their proud American flags to shed 'the light of civilization' to every corner of the world, their colleagues back home are stretching their tentacles into emails and mobile phones of ordinary Americans as well as leaders of other countries, including traditional U.S. allies like Germany. The list can definitely go on."

He concludes:

"It is highly advisable that Washington face its own maladies squarely and enhance communication and cooperation with other countries like China to learn from each other's experiences and make improvement, rather than relentlessly point fingers at others... and play God."

Russia To Probe New Evidence on MH 17

As reported by Russia Today (RT), that a spokesman for Russia's Investigative Committee, the primary federal investigating authority in Russia, answering to the President, said that the Committee is investigating new leads in the shooting down of Malaysian Airlines Flight 17 over Ukraine on July 17. The probe is based on a report carried in Komsomolskaya Pravda newspaper that an eye-witness at a Ukranian military air base on that day has reported a Ukrainian Su-25 fighter pilot returning to base without his air-to-air missiles soon after the destruction of MH 17 in flight over Ukraine.

The pilot was said to be frightened, and was heard saying "Wrong plane," and later saying:

"The plane happened to be in the wrong place at a wrong time."

The unnamed witness told the Russian newspaper that about an hour before the downing of MH 17, three fighter jets took off from Dnepropetrovsk airfield, with the Su-25 returning after the incident without its missiles. While Komsomolskaya Pravda could not immediately verify the witness's claims, it determined that the named pilot, Vladislav Voloshin, is real, and has been awarded by Kiev for his service.

In July, the Russian military said that it had detected a Ukrainian Su-25 fighter jet within missile range of the MH17 Boeing 777 on the day of the incident.