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Mankind's Next Breakthrough

- Executive Intellligence Review; Volume 44, Issue 2

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  • Engelsk
  • 44 sider

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Beskrivelse

This is War By Robert Ingraham Jan. 8-On Jan. 3, 2017, as the new 115th Congress convened in Washington, D.C., they were met by an organizing team from the LaRouche Political Action Committee. This team of political activists and volunteers walked the halls of Congress, buttonholed Senators and Congressmen, and took part in numerous meetings, whose primary focus centered on the emergency economic measures which must be taken to save the nation. At the heart of these discussions was the necessity to adopt economic, credit and science policies coherent with Lyndon LaRouche's Four Laws, and, most importantly, the initial urgent action to restore Franklin Roosevelt's GlassSteagall legislation. This demand to reinstate Glass-Steagall has now been given an additional grass-roots boost, in the form of two initiatives which have come out of the American Midwest. In Ohio, a group of Democrats, who are calling themselves "Our Revolution," are now circulating a letter and petition calling on President-elect Trump to demand Glass-Steagall restoration in his inaugural and State of the Union addresses. Their call is titled, "Let Us Hold President Donald Trump to his Word: Endorse the Glass-Steagall Act in Your State of the Union Address " Their petition, addressed to "any and all-Our Revolution, Tea Party, Republicans, Democrats, Labor, and Business," states: We the undersigned strongly feel the need for protecting our economy from another unnecessary market crash and recession like the one experienced in December of 2007. As you take office, the conditions for a collapse are too similar to those of 2007: rising asset values together with a lack of separation between FDIC-insured banking and risk-investment brokering. We applaud your campaign statement in Charlotte, North Carolina, October 26, 2016, endorsing a call for "A 21st Century version of Glass-Steagall" and reintroducing a modern day Glass-Steagall Act. We trust that you understand that stabilizing the business climate and securing the assets as separate from Wall Street speculation is a key to prosperity during your administration. To set the tone of discourse in Congress 2017, we ask that you restate your support for a Glass-Steagall Act during your State of the Union address. Be assured in doing so, you will find common ground with both the Republicans and the Democrats since both party platforms have the support of banking legislation that separates insured accounts from Wall Street speculation in their respective platforms. . . .

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