LaRouche on the New Bretton Woods

LaRouche: New Bretton Woods Bankruptcy Bailout Atrocity Was Passed by Fraud!
October 3, 2008 (LPAC)--In response to the shameful and immoral capitulation of the U.S. House of Representatives today, in passing the Paulson bailout bill with a vote of 263 to 171, American statesman and economist Lyndon LaRouche stressed that this vote was accomplished by fraud.

When the Congress, including both major Presidential candidates, told their constituents that the bailout was necessary, they didn't mention that among the major institutions lining up to be bailed out are foreign interests, LaRouche said. British, Dutch, and Spanish banks are all lining up to demand hundreds of billions of dollars from the U.S. taxpayers.

"They lied,'' charged LaRouche. "And when the average citizen confronts his Representative on this fraud, the politician will just say, 'We lied. They told us we had to do it, and we lied.'''

As LaRouche laid out in his Oct. 1 webcast, the result of the bailout will be to bring on devastating hyperinflation, and an explosion within the American population, akin to that which characterized the French Revolution. "Don't you see the hatred you are building up against Washington, in the people of the United States?'' he asked.

In the wake of the Congressional vote, motivated as it was by fear, LaRouche urged citizens to rally to his leadership. We're in this devastating crisis today because people did not rally to my HBPA and other positive actions back in August 2007, Larouche said. Don't be provoked into irrational actions. Rally behind the leadership which has the remedies--and force them through now.

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