THE LEAD

                                                                                                                                                                                                                                                                                        

Impact of Second Belt and Road Forum — The New Paradigm Takes Shape

May 2, 2019
Russian President Putin speaks at the second Belt and Road Forum for International Cooperation (BRF). April 26, 2018, Beijing, China (en.kremlin.ru)
Russian President Putin speaks at the second Belt and Road Forum for International Cooperation (BRF). April 26, 2018, Beijing, China (en.kremlin.ru)

The historic completion of the Second Belt and Road Forum in Beijing has set in motion positive shock waves around the world, which can and must be an impetus to bringing the U.S. into the new paradigm. Governments across Africa, Asia, Ibero-America, and even Europe, are praising the now self-evident potential for all nations to participate in a development process beyond anything the world has ever seen. Malaysia's Mahathir, who was held up as an example of the "debt trap" when he suspended a major rail line being built by China, praised China for renegotiating the contract, and expressed his delight at the Forum in seeing that the program is truly universal. Italy today held the second meeting of its Task Force China, where Michele Geraci, the head of the Task Force, made clear that Italy's MOU with China on the Belt and Road "brought China nearer to Europe."

Although the U.S. sent no high-level delegate to the Forum, President Trump's team has just completed meetings in Beijing in the current round of talks on a US-China trade agreement, and Vice Premier Liu He and his team will come to Washington next week for further talks. The President has repeatedly said that the momentum is positive, and that a summit with Xi Jinping at the White House will be set up as soon as an agreement is completed. What is needed for a successful outcome, is that the political and economic blocks to Chinese investment in the U.S., from the Congress and from CFIUS (The Committee on Foreign Investment in the United States), based on the fraudulent claims of Chinese spying and potential sabotage of infrastructure, be exposed and repudiated.

Trump agreed this week, in a meeting with the Congressional Democratic Party leaders, on a $2 trillion infrastructure package — not a bad start on the desperate shortfall in infrastructure across the nation — but without a clue as to how to obtain that sum. While overcoming the China-bashers' resistance to Chinese investment would help, the only real solution is that contained in the Four Laws proposed by Lyndon LaRouche — in particular, the establishment of a Hamiltonian national bank. Chinese officials have repeatedly confirmed to EIR that they would be delighted to exchange their enormous holdings of US government debt for equity in such a national bank, to fund basic infrastructure across the country. And of course, it is not only China that holds US government debt, but other nations, and millions of citizens, who have been receiving close to zero interest on those bonds for the last decade, and would also have the opportunity to invest in a national bank.

While the Trump Administration is closing in on an "epic deal" (as Trump calls it) with China, relations with Russia are on knife's edge. Despite the failure of the British coup attempt against the President, which he, himself, identified as a British operation to sabotage his intention to establish friendly relations with Russia and President Putin, Trump has not yet taken advantage of the situation to reach out to talk with Putin, to move toward reconciliation, breaking through the neocon cordier around him, although he continues to insist that a positive relationship with Russia "is a good thing, not a bad thing."

Meanwhile, the trio of Bolton, Pompeo, and Pence are doing everything possible to provoke a confrontation with both Russia and China over the situations in Venezuela and Iran, either of which could lead to a devastating war if not restrained. The attempt on Tuesday and Wednesday (May Day) to overthrow the government in Venezuela has so far failed, as the military remains loyal to the government. Iran's Foreign Minister Mohammad Javad Zarif was interviewed by Fox News on Sunday, where he was asked if he thought the U.S. intended to impose regime change on the Iran government. "I do not believe that President Trump wants to do that," he answered. "I believe President Trump ran on a campaign promise of not bringing the United States into another war." But, he added, there is a "Team B," including John Bolton, who were pushing Trump into regime-change policies, and even war.

Clearing away the shadows of the British Russiagate scam is not yet fully accomplished, as long as the Mueller lie that Russia hacked the Democratic Party's computers remains on the record. Just as LaRouchePAC exposed the charge of "collusion" between Russia and the Trump campaign to be nothing but an MI6 lie, so also we must expose and destroy the lie about the hacking, drawing on the courage of former NSA technical director Bill Binney to expose the truth. The Baltimore Sun today published a long letter from a LaRouchePac organizer on that lie, calling on the Congress to bring Binney in to testify, to present his proof.

The danger is great, but so is the potential for the new paradigm. If President Trump were to respond to the call for him to exonerate Lyndon LaRouche, the Brits and the neocons would go ballistic, but the entire beautiful array of LaRouche's ideas would suddenly be before the citizens of the world, and the new paradigm would surely follow.

                                                                                                                                                                                                                                                                                        

                                                                                                                                                                                                                                                                                        

Related