Uploaded by LaRoucheisright on Aug 7, 2009
This from the Aug. 1st webcast
http://larouchepac.com/webcasts/20090801.html
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LaRouche makes several very valid points but he has solutions that are very socialistic. Once again a solution that punishes the responsible - those that saved their money and didn't buy overpriced RE.
We need to stop bailouts and let free market forces prevail. If that means home prices capitulate to 20% of what they are now then so be it. You can't reward irresponsibility and punish responsible behavior. End the Fed, we need sound money, and no govt. interference.
mitochondria09 2 years ago
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Eliminate the Federal Reserve Banking System, it is the reason for the runaway inflation we have had and that is going to get worse with the obama tarp scam. The last time this nation had no debt was when Andrew Jackson was president. How did he do it? He eliminated the US BANK because it, like the Federal Reserve, was designed to rob America for the benefit of bankers. Rid the US of the Federal Reserve and you just might rid the US of the socialist religion. Socialists = GREEDY corrupt scammers
ratzamatatza 2 years ago
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True, however foreign aid to any country is unconstitutional and should be stopped period.
GlobalMinority 2 years ago
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Thanks, thats what I figured, I just didnt want to ASSume.
tattooedgeek79 2 years ago
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Physical economic= the 'material' aspect of the econ. such as retailers, stores, etc.
Financial aggregrates = speculation/investing & banking system. Still going on, but on the decline if compared to any other previous period.
Monetary aggregates=Federal Reserve/printing press, growing a la Weimar Republic rate, creating further debt for future generations without the means to pay for it.
hopeforamerika 2 years ago
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Search "In their own words" on you tube for communist maxine waters slip.
ratzamatatza 2 years ago
try to keep up my friend. The enemy is fascism not communism. Communism, is as dead as the global gambling casino financial system.
The way out of this is the Put the federal reserve in bankruptcy receivership. Take them over. Put them through chapter eleven. We own them. They are bankrupt in America. We have laws to deal with that. They can't take us down with them unless we agree by doing nothing.
We must set up a third national bank and issue credit to rebuild our nation.
LaRoucheisright 2 years ago
No we are dying because we have yet to get behind LaRouche.
Because Lyndon LaRouche knows what to do.
But they are correct when they identify the system as the enemy.
That is why we must seize the Federal Reserve.
These private bankers don't rule in America. Declare them bankrupt, under American bankruptcy law.
Then setup a third national bank and start rebuilding the country. It is unconstitutional for private people to be involved in our national credit issuance. Go to LaRouchePACdotCom
LaRoucheisright 2 years ago
Can you briefly define "aggregates"? Im assuming this means debts, etc.?
tattooedgeek79 2 years ago
he used the term monetary obligations. I'm learning with everyone else.
LaRoucheisright 2 years ago
Today a new video went up By LaRouche economics editor John Hoefle on the triple curve.
LaRouchepacDOTcom
LPACTV section
LaRoucheisright 2 years ago