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GlassSteagallfan
20th May 2011, 07:45
At the brink of confusion:


WHEN GOVERNMENTS CRUMBLE

Lyndon H. LaRouche, Jr.
May 8, 2011

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Unless the original Glass-Steagall Law of 1933 were re-enacted almost immediately, the general collapse of the U.S. financial system were imminent for some time during the remainder of this year, or even earlier. It would be a general collapse within the present trans-Atlantic system, with consequent effects which would, almost certainly, engulf the remainder of the planet’s surface.

This presently calamitous trend under the Barack Obama Presidency, is expressed in accelerated rates of downward physical-economic effects, effects now moving toward collapse of the Federal states of the U.S.A., as, similarly, throughout the trans-Atlantic region generally. This emphasizes the presently aggravated quality of that continuing calamity, which was created in the form of its currently aggravated expression by the impact of the November 2, 2010 U.S. national election. This is the expression of what has been a trend, a trend which has brought those states of the republic, themselves, into a point of fragility, a point at which this nation now hovers at the brink of a chain-reaction-like state of a presently rapid worsening, and now chronically crumbling, physical form of economic breakdown, a breakdown with characteristics which waver in moment to moment emphasis, wavering between what are essentially matters of the internal U.S.A. crisis, and global kinds of disorientation.1The original phase of this trend was set into motion during July-August 2007. It has been continuously aggravated since the initial phase of the presently continued succession of “bail-out”schemes in 2008.

Such is the presently spreading state of affairs throughout the trans-Atlantic region of this planet. For the present moments, such a pattern of effects already prevails as the current status, with the result that, most notably, both the United States and throughout the zone called the crisis-stricken “Euro,” were regions of the world which were doomed, a doom more and more that which would become closer to the point of the irreparable, were we to proceed without the virtually immediate passage of the original, 1933 intent of the Glass-Steagall act (H.R. 1489) by the United States. The point has already been reached, that members of Congress who act to prevent an early victory for the original Glass-Steagall’s restoration would be contributing to the likelihood of their participating in a crime against humanity. The importance of Glass-Steagall is a matter of such urgency as exists now.

This would have been the present direction of trends and their consequences even if the pro-genocidal proposals of Hans Joachim Schellnhuber’s avowedly pro-genocidal WBGU had not been launched. The British empire’s launching of its puppet Schellnhuber’s mass-murder, a mass-murder presently far worse than Adolf Hitler’s population-reduction hoax, is being carried to a monstrous extreme, an extreme which had already been the British intention for sending the planet as a whole into sheer Hell. There is, speaking practically, no actually efficient, present barrier to global disaster, without the chances for passage of U.S.A.’s H.R. 1489 legislation as the pathway for halting the presently accelerating breakdown-crisis of the entirety of the trans-Atlantic region—and, therefore, beyond.

My own part in this, as reflected in what is written here, has been to reflect a process of discoveries and related kinds of developments which has included the greater part of my own achievements as a professional in economic forecasting over the greater portion (1956-2011) of my 88 years of life to date; but, this has been work also designed to take into account the roles in scientific and related matters of my present associates, including their discoveries and related product, all to the effect of treating the interrelationship among these sources as, then and now, the expression of a single, coherent effort.

Thus, I am enabled to present my own overview of a combination of such facts, as I do here, We must assess the present world-wide situation accordingly, in all relevant respects.


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Foreword:
HUMAN LIFE: MAN AND HIS CREATOR...
For today’s most profoundly bestirred, but often bewildered scientist, the first Chapter of Genesis becomes, more and more, an astonishingly precise statement of a prophetic quality of that chapter’s seemingly unique accuracy, that in its resemblance to a crucial work of physical science. Since our Solar system is a younger part of our galaxy, we might wonder: who might have been living “out there,” or, who, perhaps, still today, is a species whose design is akin to that of our own?


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At the present date of writing this report, the science program of the LPAC team known as “the basement,” has been in the process of completion of a special video report for early publication, a report which summarizes the record of life on our home-planet, Earth.2http://larouchepac.com/galactic-question That study, by my associate Cody Jones et al., will subsume an area of recaptured experience since a time approximately a half-billion years ago. That report will present, in that so-indicated other publication of my associates, the deeply underlying issues, and implications of the history of life within the context of what is presently known to the combined product of both this author and those associates, respecting the relevant galactic principles themselves.

The standpoint of reference employed for that referenced LPAC “basement” report, will be dedicated to the subject of our progress in seeking a better understanding of the subject of the history of life as such. It will be a report which locates life on our planet under the authority of our Solar system’s existence, but does this within those more broadly defined conditions which our own galaxy itself has defined for the effects of the successive phases of ascent and descent of Solar system within this galaxy, effects on the existence of forms of life on Earth.

The emphasis in my own report before you here, is placed on showing a correlation between the progressive evolution of life on Earth in respect to the changes which the evolution of life-forms has induced as changes in the ordering of living processes. Here, I am considering that process of change in a direction from qualitatively lower to higher forms of systems of life on our planet, with strong emphasis on the relevant features of my profession as a physical economist in my accomplishments as having become recognized as a remarkably successful, if usually politically embattled economic forecaster during the course of the recent forty years.

I view the ongoing changes since the death of President Franklin Roosevelt, and, most emphatically, the persisting downshifts in the U.S. economy since the assassination of U.S. President John F. Kennedy, as decades of shifts which occur under those physical conditions of the near-the-surface region of the planet’s setting, as those ensuing shifts are each situated, more immediately for our present understanding today, in terms of the effects to be recognized within the bounds of the domain of our Sun. The consideration of the factor of those externally induced changes on Earth, is to be combined with the effect of those internal changes in our planet’s conditions which have been, in their turn, changes which have shaped the potentials for, and characteristics of the long-standing pattern within the existence of newly emerging, as also vanishing life-forms on our planet.

That process, when considered within the domain of our Sun, is situated within the adducibly lawful changes in those conditions for life on our planet which coincide with characteristic cycles of the Solar system’s movements with respect to our galaxy.

Such are the bare boundaries of our subject-matter here. The deeper implications of those facts themselves, may begin to be explained in the following terms.

The Terms of Reference
The need for that amount of attention to the specific set of interlocking considerations shown here, is to be located in the need to eliminate certain viciously ruinous errors which have been widely tolerated by mankind thus far. These have been errors of backwardness which have tended, heretofore, to be carried over into much of both the attempted practice of science, and of mankind’s frequent fits of resistance to that progress.

remainder of paper: http://www.larouchepac.com/node/18204

corson
20th May 2011, 08:52
GSF, this is an accurate analysis of what will occur if the the GSAct is not re-enacted and soon. thanks for posting and having so much interest in this one particlar piece of the puzzle. i've been reading all of your post and i will say this, you have stamina........ i wish you were the one with the deciding vote. then we would know the outcome. thanks so much for the thread. was never a big larouche fan, but i believe his words here are going to resonate with many people. keep us updated.....
warmest, corson