July 9, 2010 -- As millions in the United States are left without unemployment benefits, U.S. states and municipalities are making drastic budget cuts, laying off thousands of necessary workers. As European economies are facing a similar situation, it is clear that this system is melting down. Lyndon LaRouche, the world's greatest economic forecaster, was right, when he said that as of last month, the United States has entered a situation where unless the Glass-Steagall policy is adopted, the U.S. economy will disintegrate. We have a limited opportunity to reverse these trends of collapse, unless Glass-Steagall is reinstated.

The Obama administration, with full support from Bailout Barney Frank, is not only refusing this policy, they are consciously misleading the population, asserting Glass-Steagall to be unnecessary, while they, instead, flood the system with Monopoly money. The trillions of dollars being given by the government to bailout worthless London-Wall St. derivative obligations, is now being placed on the back of the citizens. This must stop. The reinstatement of Glass-Steagall would allow us to wipe these derivative obligations off the books, and allow banks to be free to lend money for useful purposes, especially under an international fixed-exchange rate system is to protect the long-term value of the investments. This would allow the necessary components of the financial system to remain functional, and facilitate a drive for physical production in the U.S. economy. That is what the Glass-Steagall and the LaRouche Plan would do.

This policy shift must be made this summer, otherwise, we face the greatest crash in modern history. The American population is coming to understand this, and have shown they would support a Glass-Steagall reorganization; however, the financial powers of the City of London and the British Foreign Office have threatened the U.S. government, that under no circumstances will they allow an affirmative vote on Glass-Steagall to go through, and will consider it a hostile act towards the British empire if such is done.

This is why we fought the American Revolution. It is the right of a sovereign nation to put the interests of it's citizens over the interests of a monetary-financial empire.

Bailout Barney, if you think you're so smart, you'll listen to me on this.

--Rachel Brown