The End of the US Dollar Is Near ... It's Happening Folks!

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Uploaded by on Sep 15, 2011

Breaking News Update! "LaRouche Demands: NO MORE BAILOUTS! Geithner's Plan to Bail Out London's European Banking System Will Destroy the United States.

Also, follow our continuing coverage at LaRouchePAC.com .

Lyndon LaRouche today demanded that the United States Congress act immediately, this week, to stop U.S. Treasury Secretary Timothy Geithner from carrying out his proposed bailout of the entire bankrupt European banking system, by leveraging tens or hundreds of billions of U.S. dollars provided by the Federal Reserve, into trillions in bailout funds in Europe.

"This must be stopped," LaRouche stated. "The destruction of the United States is being proposed by Obama's Secretary Geithner. Honest depositors come first. No more bailouts; no more protection for speculative funds."

With Europe's entire banking system spiralling out of control, the European Central Bank announced today that it will be offering euro-area banks emergency dollar loans, with funds provided by the U.S. Federal Reserve through swap facilities. These unlimited swap facilities have been in place continuously since the 2008 crisis, and are now to be activated on a major scale.

At the same time, Geithner announced that he will participate in the meeting of European finance ministers in Poland this Friday and Saturday, Sept. 16-17, where he will urge them to use "overwhelming force" to address the banking meltdown. EU officials additionally told Reuters that Geithner will press the Europeans to leverage their bailout fund, by as much as a 10/1 ratio, along the lines of the U.S. TALF program—the Term Asset-Backed Securities Loan Facility, which was a major component of the 2008-2009 $17 trillion bailout of the bankrupt banks by U.S. taxpayers.

Geithner is reported to be acting under British instigation in this suicidal, hyperinflationary scheme. Indicative of this is the fact that the policy-setting "Lex Column" in today's Financial Times of London promotes the identical policy that Geithner is now preparing to execute. "The best tool to address solvency concerns is the European Financial Stability Facility," the "Lex Column" states. "The model is the US Troubled Asset Relief Program [TARP] of 2008, which succeeded by shifting its focus from liquidity to solvency. It is time to launch euro-TARP for eurozone banks."

A high level former U.S. government economic official yesterday confirmed the plans for a Fed mega-bailout of Eurozone banks. The European debt crisis is worsening by the hour, and is far more dangerous than 2008, the former official said. The Fed is going to have to open up new facilites and get in the middle of bailing it out; U.S. banks cannot avoid contagion from this.

"To hell with the swap lines," LaRouche stated. "Stop the British Empire's bailout gambit. We have to bankrupt them before they kill you. This plan is going to kill Americans, and it has to be stopped now. If we need to impeach the President of the United States to stop this, then do it now."

"This is why I insist that the United States must return immediately to the Glass-Steagall standard of Roosevelt's original 1933 Act, which presents the intent of the law in a kind of 'Preamble' in its very first words:

"An Act. To provide for the safer and more effective use of the assets of banks, to regulate interbank control, to prevent the undue diversion of funds into speculative operations, and for other purposes."

"That stated intent is still the Constitutional law of the land," LaRouche stated. "So let us implement it—while we still can."

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Uploader Comments (WikiIntelNews)

  • When are the Stupid (Jewish Owned World Media numbed-down) Masses going to "Wake-UP" and understand that ALL World Banks are Totally owned and Controlled by the same (Hidden from public scrutiny) Parasites that are Behind the "New World (ENSLAVING) Order!" which is just a continuation from their stealthily Orchestrated "British (ENSLAVING) Empire!" Only When we can see this Mass World-Wide Jewish Deception will we begin to understand what Lying Deceiving Psychopaths They really are! "Wake-UP!"

  • @einrib4truth ...good post, my sentiments exactly.

  • The Great Threat We Must Prevent;

    Nobody Will Survive This War

    LIVE Webcast, tonight! Monday, Feb. 6th, 7pm Eastern, 4pm Pacific

    Tune in here.

    The threat of Nuclear World War III has arrived on the stage of world history. Tune in to LaRouchePAC (dot) com at 7pm Eastern, tonight, and watch Lyndon LaRouche deliver the stark reality of where we stand today.

  • I guess the definition of "Near" isn't 1/3 of a YEAR. Since this fear mongering video was posted. I agree things are bad, but all thee death videos are just too far in left field! So did you admit you were WRONG when it didn't happen in 3 months, or "near" to the September posting??

  • @gomeljohn9 The premise of this report was relative to an event that took place one week from the video post. The idea here was to stop U.S. Treasury Secretary Timothy Geithner from carrying out his proposed bailout of the entire bankrupt European banking system. Geithner went and failed, therefore, the collapse of the dollar was averted. But you would have know this had you read the article in video description. In the video report states this clearly. Not sure how you missed it?

Top Comments

  • @WikiIntelNews I'd like to see your research. The only limits to a resource based economy are the limits of production. Of which our abilities to produce and automate improve all the time.

  • @Canuckism101 People are slowly waking up ... just keep shinning your light. Those that are awakening will rely on you to inform them on the truth. You are aware ... you know the truth! Every day you go out on a limb to share your thoughts with others ... you care ... you give a damn! You are an information warrior that gives a shit because you love humanity enough to make your voice heard. You are a teacher ... teach~ thank you for making a difference in my life ... don't stop teaching.

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All Comments (111)

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  • @WikiIntelNews I also believe that These Jewish Parasites who "OWN" America (1871) put America's 1st Black? President in so when They Implode America's economy, The Jewish Owned Media Propaganda machine will Blame a "Black Man" for ALL of Americas Problems! Their Media will Orchestrate Race-Rioting on a scale America has never witnessed in its Hi(S)tory! But this can be STOPPED! Everyone must understand that this Hidden Jewish Control is not Fiction! We MUST Publicly EXPOSE Them!

  • n.w.o.

    

  • interesting movie quote montage at the end there

  • I don't think the newsreader is a happy camper. I suggest smiling and how about a joke or two. Would definitely make all the difference. Yes the news is dire but we don't have to be miserable about it. After all we have our Congress and Government Leaders giving their every thought to our Safety - Like the TSA fore instance. Makes you feel all cozy and warm inside don't you think.

  • @gomeljohn9 You need to open your eyes a "little" bit more...time will reflect the outcome.

  • Is it me or is this chick really really hot...she's delicious

  • They will love to see the end of America,, we drink , we smoke , we have free sex, we kill for

    music.,, we dress like we like,, we let the gays and lesbians be, we eat pork YUM!,, we laugh at Sharia  law,, you hate America but wont leave the country, ridiculous!

    ,,

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