- (LPAC) -- One day after Lyndon LaRouche released his
clarion call for mobilization behind his "LaRouche Plan" for
rescuing the U.S. economy, new crimes of the British System's Federal Reserve
and U.S. Treasury in destroying that economy have come to light. LaRouche
denounced these as "tantamount to treason."
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- The context is this: There is growing international discussion
on the question of dumping the dollar, clearly fed by the British, but
there is no definite plan to do so. At the same time, the growing awareness
of the hyperinflation from the central banks, along with speculative fervor
among the financier predators, is pumping up the price of gold to unprecedented
heights, and playing into the British gambit about replacing the dollar.
In fact, all currencies are in dire straits, due to the bankruptcy of the
global imperial system, which has virtually eliminated nation-state control,
and destroyed the productive base for the world's population.
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- However, according to a knowledgeable source in Washington,
the truth is even more insidious than that. The fact is, that the Fed is
willfully carrying out a controlled devaluation of the dollar. It has been
devalued by 60-70% since the beginning of the crisis. The Chinese are quite
freaked out about this, and the Gulf states, for example, are in trouble.
Dubai is actually bankrupt. They may be getting over $70 for oil, but the
oil is denominated in dollars, which are down. The Fed and the Treasury
are operating off of wanting to devalue to increase U.S. experts-but we're
not producing anything to export.
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- "The Fed's policies are tantamount to treason,"
LaRouche charged, and they must be stopped. "When we implement the
measures which I have laid out, to rescue the economy, the gold price will
go down, and the dollar will go up," because we'll be producing again.
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- We have to give it to them straight: 1) Cancel the immoral
debt, and implement Glass-Steagall; 2) establish a credit system to replace
the world monetary imperium, including by establishing agreements between
Russia, China, India, and the U.S. for a new fixed exchange rate system;
and 3) begin an economic recovery by investing in blue-collar, capital-intensive
jobs rebuilding infrastructure and agriculture. They should have listened
to LaRouche before-but at 5 minutes to midnight, we are giving them another
chance.
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