Debt Free The return to what Lyndon LaRouche describes as the "Glass-Steagall standard" is an essential component of any successful effort to pull the United States out of its second Great Depression, and avoid a collapse into a global New Dark Age. The term "Glass-Steagall standard" refers both to the Glass-Steagall Act of 1933, which created a legal firewall between commercial banking and speculative "investment" banking, and its founding principles. The Glass-Steagall Act was one of a series of reforms initiated by President Franklin Roosevelt, designed to break the grip of the Anglo-American financiers led by J.P. Morgan over our nation's economy, and reassert national sovereignty ... by John Hoefle See link below for entire paper.
The Banking Act of 1933, or Glass-Steagall Act, was crucial in enabling Franklin Roosevelt to rein in the usurious powers of Wall Street and establish a sound foundation upon which a sovereign economic recovery could be brought about. The act formally and legally split commercial and deposit banking from so-called investment banking, in order to protect legitimate and productive functions of banking, from, among other things, speculation.
• It is Tantamount to War! Sink the Inter-Alpha Group By Lyndon LaRouche outlines several key steps immediately requisite to saving the world economy, now.
The Original Banking Act of 1933
http://www.archive.org/details/FullTextTheGlass-steagallActA.k.a.TheBankingAc...
Understand the 25th Amendment Section 4
http://www.larouchepac.com/node/16007
LaRouche on the Subject of Strategic Bankruptcy
http://www.larouchepub.com/lar/2005/3221strateg_bankruptcy.html
John Hoefle: Why We Need FDR's Glass-Steagall
http://larouchepac.com/node/14706
Back to & beyond Lyndon LaRouche saw the future, and here it is, Glass Steagall enactment, Now, could be the very move we need to save the Globe's finances & the populations who thus far have been ruled & controlled by those who created the Monetary System that's collapsing around us, and which will bring devastation to us all if not checked right now (Ed)
by Lyndon H. LaRouche, Jr. May 14, 2005
A rising series of political earthquakes is now shaking the world.
Now, the financial collapse of the air-passenger-transport industry, hitting the Pension Benefit Guaranty Corporation from United Airlines today, and perhaps Delta and American Airlines next, intersects the efforts of GM/GMAC to dump the auto-workers' pensions, and the threatened collapse of GM, Ford, and others, threatening to set off a global hedge-funds panic. At the same time, the planet as a whole has already been seized during past days, by a panic-ridden hedge-fund crisis which is orders of magnitude worse than that of August-October 1998.
Now, what will happen, very soon, will stagger your imagination
Go To: http://larouchepac.com
wow is that true
TheFreedebt 7 months ago
keep in mind that a "society" is not a geographical location. It is a groupl of individuals working together for a common cause. I am not a member of the "law society" and therefore free of the bar associations.
bradq 8 months ago
we must unite. because union is more prevalent than it has been for a long time i think. union out of dependency. its hilarious but i think its happening.
china needs america. america needs china. europe needs the west and east, and vice versa. symbiotic financial satbility seems to have manifested . and people better get ready for some serious co-operation. i think it is time. it is happening. when everyone relies on each other for their quality of life war is no longer a popular option.
FREEGARYMCKINNON 9 months ago
@lostbuffalo
Word !
gashtheash 10 months ago
@XTheSonofTheSunX You can"t wage peace. You can surrender, You can agree to side with your enemy under your enemies rules, And as liberals and progressives have done in this county is you can "Wage peace" by waging war against your own countrymen placing them under your control then surrendering them to their enemies while hoping to retain your position of power over them under you new masters. Peace wagers are uncle toms
lostbuffalo 10 months ago
hey thats life , we need to grow food have shelter and clean water . so why can we not do this freely as if we dont pay taxes you go to jail, wrong. we are not free in any way get that message out.
MrShanoz 10 months ago
Financial collapse is the biggest threat to national security because a nation can be taken from the inside as well from the outside. Like Iceland said Bunch of Clowns.
daviddalbylive 10 months ago
im praying for "team america" pass it and we all live.. the last country on earth with a modicum of freedom.. the rest of us are fucked were already under the nwo yoke
COUNTCARDULAR 10 months ago
Just pass it.
Spud4X 10 months ago
i wage peace, not war, sorry larouche.... your paradigm is old, and leaking...
best wishes for us all~
XTheSonofTheSunX 10 months ago