THE LEAD

                                                                                                                                                                                                                                                                                        

Trump At A Crossroads With Asia Trip: The Mueller Threat Must Be Destroyed

October 9, 2017
October 6, 2017 (Whitehouse Photo)

There is great political tension surrounding the preparations the Trump Administration is now making for the President's Asia trip November 3-14 and, crucially, his meetings with President Xi of China.

Confrontations with North Korea and with Iran are intensifying and threaten great, potentially immediate dangers.

But the now strengthening national debate over how to get new infrastructure built in America, after the unprotected "natural disasters" of August and September, sets an agenda for Trump with China, which is building major new projects worldwide in its Belt and Road Initiative.

Trump's own public statements and actions in rushing through emergency funds, recommending public funding of infrastructure and writing off Wall Street's unpayable debts in Puerto Rico, have intentionally provoked this debate and built on Americans' desire to unify and rebuild.

China has wanted to participate in this since President Xi invited Barack Obama's administration to join the Asian Infrastructure Investment Bank; Obama fought it instead. It represents the goals of national common interests, productivity, and connectivity for which China's Belt and Road Initiative was founded in 2013, and first suggested by Lyndon and Helga LaRouche in 1989.

Now a "Hamiltonian" national bank combined with an anti-Wall Street new Glass-Steagall Act proposed by LaRouche form the one clear, workable idea for the trillions in credit necessary to build America a new economic infrastructure and a space program restored to greatness. This idea has not been grasped yet in the White House, but if President Trump discusses the Belt and Road Initiative with Xi, it potentially takes life immediately. And Japan, where he will also hold a summit, has now indicated it will be joining the Belt and Road.

The threat to this prospect is not that Trump will start a war but that he will be impeached. The so-called "Russiagate" affair, a protracted witchhunt against the President, continues although the American people are thoroughly sick of it. U.S. intelligence agencies, driven by British intelligence, are using "special prosecutor" Robert Mueller as a hit-man to drive Trump out of office by any means.

So EIR and LaRouchePAC have taken this one, with a dossier that blows out of the water Mueller's "fitness" to judge any leader's actions. It shows how he has been selected to commit serious crimes against the United States for over 30 years; and it is the means to stop the witchhunt. "Robert Mueller Is an Amoral Legal Assassin: He Will Do His Job If You Let Him" has been circulated by nearly 2,000 people from www.larouchepac.com; its circulation now has to go into the tens of thousands, by social media and in print, to influential Americans and others concerned with America's future.

The President's departure for Asia in 25 days should set the deadline for success in this effort.

GET OUR DOSSIER ON MUELLER

                                                                                                                                                                                                                                                                                        

SUPPORTING MATERIAL


Infrastructure Investment Breaks Back into Trump's Agenda

Immediate funding for protective and productive infrastructure projects, in multiple U.S. states and in Puerto Rico, has forced its way back onto President Donald Trump's plans as he prepares for an 11-day trip to Asia which includes a crucial summit with President Xi Jinping in China.

Pundits and Washington insiders had been in agreement that Trump's trillion-dollar infrastructure build had "faded on the agenda" and been postponed to 2018 at earliest. But Trump's own unique comments, against public-private partnerships, for rebuilding Puerto Rico's infrastructure, and for recognizing that its debt is unpayable, have brought Democrats rushing to the White House to discuss a plan. And Xi Jinping's China is building major new infrastructure virtually all over the world except in North America, and would invest to help build it here.

First, the White House has requested $29 billion in new funds to FEMA, the Army Corps of Engineers, and HUD for recovery in Texas (which requested $18.7 billion of it), emergency recovery in Puerto Rico (which has requested $8 billion), Florida, and other southeast states. This can be voted this week in the House, but is not economic infrastructure funding.

Puerto Rico Gov. Ricardo Rosselló told a delegation of U.S. Senators he flew over the island on Oct. 7, that he is preparing another request, for either loans or grants for long-term rebuilding of the island's infrastructure "within weeks," not giving any details publicly. A Texas State Representative, Republican Ron Simmons, has called for the formation of a state infrastructure bank to fund reconstruction along the Gulf Coast. Given the size of the investments needed, the state bank would best be supported by a National Bank for infrastructure.

Trump's legislative aides held another meeting with members of Congress from both parties Friday to discuss infrastructure. These are exchanges of what clearly remain vague ideas on all sides. But Infrastructure Committee chair Rep. Bill Schuster (R-PA) claimed after the meeting that a White House infrastructure plan now exists and will soon be publicized.

Building a new economic infrastructure in Puerto Rico cannot be done, however, without setting aside the great majority of its $72 billion in debt. Even the Control Board set up under Obama's PROMESA Act of 2016 recognizes that Puerto Rico cannot, even with now-deadly austerity measures, pay more than $800 million or 1% of this debt annually — in other words, not even interest.

It took President Trump, and no other national elected official, to state this publicly and say Wall Street's debt would have to go. Then, Democrats who had led the "slow, indifferent response" attack on Trump enthusiastically chimed in. Rep. Luis Gutierrez (D-IL) — who said "Donald Trump, you wanna take care of that one? Hallelujah, I'm with you. If you eliminate the debt, like Donald Trump says, you don't need a control board and therefore you don't have to make decisions anymore between paying the bondholders, and many of them are unscrupulous members of Wall St. hedge funds..." — can stand for others like Sen. Bernie Sanders, Rep. Adriano Espaillat (D-NY) and others who reacted in much the same way.

But in fact Puerto Rico is already unable to borrow on the municipal bond market, and would be cut off from credit indefinitely if its debt were just "wiped out." It has to be reorganized, illegitimate debt written down, and the rest made payable over a long period by being absorbed into a Federal credit institution which can help build the new infrastructure. Just as with any Texas State Bank grappling with tens of billions of Gulf Coast rebuilding investments, "setting aside" Puerto Rico's debt requires a National Bank for infrastructure.

LaRouchePAC and EIR are pushing this clear and necessary idea in the otherwise vague "infrastructure" debate. Its main opposition is the so-called "Delaney plan" of presidential candidate, ex-Rep. John Delaney of Maryland. It would provide perhaps $200-250 billion for national infrastructure investments, gotten from repatriated corporate tax-avoidance funds abroad, and would involve hedge and vulture funds in its capital. LaRouche's "Hamiltonian" National Bank will provide trillions in credit, and open the door to China's Belt and Road Initiative.


                                                                                                                                                                                                                                                                                        

Related