In what can only be described as a perfect irony, President Barack Obama spent the weekend playing golf in Florida with the director of Halliburton and the owner of the Houston Astros, further exposing his true Bush League pedigree. The entire world is ridiculing Obama, for his efforts to sabotage the AIIB, and for waging war against the new paradigm on behalf of Wall Street and London. Isn’t it time for all sane Americans to rally to oust this treacherous character from the White House?
Obama is guilty of many more crimes against the Constitution than are required for his removal. Anyone arguing that it is “not practical” to dump Obama is living in a fantasy world, ignoring the fact that the last desperate option, for the bankrupt British Empire, is to launch wars and chaos all across Eurasia. Over the weekend the Royal Air Force conducted the biggest maneuvers in 13 years, directed against Russian possible air incursions. NATO is moving weapons and personnel closer to the Russian border, in defiance of all post-Cold War agreements, as well as persistent Russian warnings, the most recent of which were delivered by President Putin, himself, last week, in an address before the directors of Russia’s federal security service, FSB, that Russia will not capitulate to NATO blackmail.
Without Obama in the White House, the British have no credible capacity to even bluff Russia and China. So long as Obama remains in office, the danger of general war—including war of thermonuclear extinction—remains far too real to tolerate.
This message—that London and Wall Street must be crushed, and that removing Obama from office is the unavoidable first step—was delivered loud and clear by Schiller Institute President Helga Zepp-LaRouche in a powerful address before a Schiller Institute event in Manhattan on Saturday afternoon. After detailing the Wall Street desperation to prevent the reinstating of Glass-Steagall through extortion, and the grave danger of general war, Helga Zepp-LaRouche developed the ontological foundations of the fight, by detailing the role of Cardinal Nicholas of Cusa, in launching the 15th Century Renaissance and launching the concept of the modern nation-state system.
The actions being taken by China’s President Xi Jinping, in coordination with Russian President Vladimir Putin and the other BRICS heads of state, to create a new global paradigm of development—and a new level of cooperation among sovereign nation states—are the seeds of a vitally needed New Renaissance.
Over the next 48 hours, leaders of more than 40 nations will be gathering in Kazakhstan, to launch the Asian Infrastructure Investment Bank (AIIB). Many participated in the just-concluded Boao Forum in China, at which President Xi Jinping beautifully spelled out the new vision of cooperation among all of the nations of Eurasia and beyond, and where the Chinese government issued an official report titled, “Vision and Actions on Jointly Building the Silk Road Economic Belt and 21st Century Maritime Silk Road.”
At the same time that these profound developments were occurring, the Anglo-Saudi forces of Empire were escalating the spreading of war and chaos across the Persian Gulf region. At a meeting of the Arab League, Saudi Arabia blackmailed, bribed, and cajoled the Arab states to commit to a new war—in Yemen—which targets Iran, as the alleged mastermind behind the Houthi takeover of the country.
Whether it is the continuing provocations against Russia in Ukraine, or the spreading of mass death and chaos throughout Southwest Asia, the objective of the British Empire crowd is to bring the world to the brink of general war, and to create choke points along the New Silk Road route to sabotage the new paradigm of global cooperation. At the Sharm el-Sheikh Arab League meeting, Egyptian President al-Sissi caused a total freakout on the part of Saudi Foreign Minister Saud al-Faisal, by reading the full text of a letter from Russian President Putin, urging the Arab states to pursue a path of diplomacy under international law—as the only genuine way to defeat the scourge of terrorism.
The entire global situation is reaching a point where the system of empire—centered in the City of London/Wall Street apparatus—and the new BRICS/AIIB paradigm cannot possibly co-exist.
By taking on Obama, and simultaneously wiping out the last vestiges of the Bush legacy of treason against the Republic, dating back to grandfather Prescott Bush’s bankrolling of Adolf Hitler, the United States can be freed to return to the historic mission of the U.S. presidency. By dumping Obama and the Bush League, and reinstating Glass-Steagall, the United States—as Helga Zepp-LaRouche emphasized on Saturday in Manhattan—can join in the worldwide movement of the BRICS/AIIB and launch a new Renaissance for all of mankind.
Nothing else is “practical,” because nothing less will ensure the survival and prosperity of mankind.
Chinese President Xi Jinping
Below are excerpts of the keynote speech delivered by Chinese President Xi Jinping on March 28 at the Boao Forum for Asia annual conference. The full text of the speech can be found here.
“There are certain historic occasions that are likely to remind people of what happened in the past and set people reflecting on them. This year marks the 70th anniversary of the end of the World Anti-Fascist War, the victory of the Chinese People’s War of Resistance Against Japanese Aggression and the founding of the United Nations. This year is also the 60th anniversary of the Bandung Conference and will witness the completion of the ASEAN Community. As such, it is an important year to be commemorated as well as a historic juncture to reflect on the past and look to the future.
“Over the past 70 years, the world has experienced profound changes as never before, making a difference to the destiny of mankind. With the days of global colonialism and the Cold War long gone, countries are now increasingly interconnected and interdependent. Peace, development and win-win cooperation have become the prevailing trend of our times.
“We have only one planet, and countries share one world. To do well, Asia and the world could not do without each other. Facing the fast changing international and regional landscapes, we must see the whole picture, follow the trend of our times and jointly build a regional order that is more favorable to Asia and the world. We should, through efforts towards such a community for Asia, promote a community of common interest for all mankind. I wish to take this opportunity to share with you my thoughts on this vision.
“— To build a community of common destiny, we need to make sure that all countries respect one another and treat each other as equals. Countries may differ in size, strength or level of development, but they are all equal members of the international community with equal rights to participate in regional and international affairs. On matters that involve us all, we should discuss and look for a solution together. Being a big country means shouldering greater responsibilities for regional and world peace and development, as opposed to seeking greater monopoly over regional and world affairs.
“— To build a community of common destiny, we need to seek win-win cooperation and common development. …The old mindset of zero-sum game should give way to a new approach of win-win and all-win cooperation. The interests of others must be accommodated while pursuing one’s own interests, and common development must be promoted while seeking one’s own development. The vision of win-win cooperation not only applies to the economic field, but also to the political, security, cultural and many other fields. It not only applies to countries within the region, but also to cooperation with countries from outside the region…
“We will vigorously promote a system of regional financial cooperation, explore a platform for exchanges and cooperation among Asian financial institutions, and advance complementary and coordinated development between the Asian Infrastructure Investment Bank (AIIB) and such multilateral financial institutions as the Asian Development Bank and the World Bank…
“China proposes that plans be formulated regarding connectivity building in East Asia and Asia at large to advance full integration in infrastructure, policies and institutions and personnel flow…
“— To build a community of common destiny, we need to pursue common, comprehensive, cooperative and sustainable security. In today’s world, security means much more than before and its implications go well beyond a single region or time frame. All sorts of factors could have a bearing on a country’s security. As people of all countries share common destiny and become increasingly interdependent, no country could have its own security ensured without the security of other countries or of the wider world. The Cold War mentality should truly be discarded and new security concepts be nurtured as we explore a path for Asia that ensures security for all, by all and of all.
“— To build a community of common destiny, we need to ensure inclusiveness and mutual learning among civilizations. History, over the past millennia, has witnessed ancient civilizations appear and thrive along the Yellow and Yangtze Rivers, the Indus, the Ganges, the Euphrates, and the Tigris River as well as in Southeast Asia, each adding its own splendour to the progress of human civilization. Today, Asia has proudly maintained its distinct diversity and still nurtures all the civilizations, ethnic groups and religions in this big Asian family.
“Mencius, the great philosopher in ancient China, said, “Things are born to be different.” Civilizations are only unique, and no one is superior to the other. There needs to be more exchange and dialogue among civilizations and development models, so that each could draw on the strength of the other and all could thrive and prosper by way of mutual learning and common development. Let us promote inter-civilization exchanges to build bridges of friendship for our people, drive human development and safeguard peace of the world.
“China proposes that a conference of dialogue among Asian civilizations be held to provide a platform upon which to enhance interactions among the youth, people’s groups, local communities and the media, and to form a network of think-tank cooperation, so as to add to Asian people’s rich cultural life and contribute to more vibrant regional cooperation and development.
“Now, the Chinese economy has entered a state of new normal. It is shifting gear from high speed to medium-to-high speed growth, from an extensive model that emphasized scale and speed, to a more intensive one emphasizing quality and efficiency, and from being driven by investment in production factors to being driven by innovation. …It is fair to say that the Chinese economy is highly resilient and has much potential, which gives us enough room to leverage a host of policy tools. Having said that, China will continue to be responsive to the new trend and take initiatives to shape the new normal in our favor. … We will take more initiatives to unleash the creativity and ingenuity of the people, be more effective in safeguarding equity and social justice, raise people’s living standards and make sure that China’s economic and social development are both sound and stable.
“What China needs most is a harmonious and stable domestic environment and a peaceful and tranquil international environment. Turbulence or war runs against the fundamental interests of the Chinese people. The Chinese nation loves peace and has, since ancient times, held high such philosophies that “harmony is the most valuable,” “peace and harmony should prevail” and “all men under heaven are brothers.” China has suffered from turbulence and war for more than a century since modern times, and the Chinese people would never want to inflict the same tragedy on other countries or peoples…
“Close neighbors are better than distant relatives. This is a simple truth that the Chinese people got to know in ancient times. That explains China’s firm commitment to building friendship and partnership with its neighbors to foster an amicable, secure and prosperous neighborhood…
“In 2013, during my visit to Kazakhstan and Indonesia, I put forward the initiatives of building a Silk Road economic belt and a 21st century maritime Silk Road. The “Belt and Road” initiative, meeting the development needs of China, countries along the routes and the region at large, will serve the common interests of relevant parties and answer the call of our time for regional and global cooperation.
“In promoting this initiative, China will follow the principle of wide consultation, joint contribution and shared benefits. The programs of development will be open and inclusive, not exclusive. They will be a real chorus comprising all countries along the routes, not a solo for China itself. To develop the Belt and Road is not to replace existing mechanisms or initiatives for regional cooperation. Much to the contrary, we will build on the existing basis to help countries align their development strategies and form complementary… The “Belt and Road” and the AIIB are both open initiatives. We welcome all countries along the routes and in Asia, as well as our friends and partners around the world, to take an active part in these endeavors.
“The “Belt and Road” initiative is not meant as rhetoric. It represents real work that could be seen and felt to bring real benefits to countries in the region. Thanks to the concerted efforts of relevant parties, the vision and action paper of the initiative has been developed. Substantive progress has been made in the establishment of the AIIB. The Silk Road Fund has been launched, and constructions of a number of infrastructure connectivity projects are moving forward. These early harvests have truly pointed to the broad prospects the “Belt and Road” initiative will bring.
“The cause of peace and development of mankind is as lofty as it is challenging. The journey ahead will not be smooth sailing, and success may not come easily. No matter how long and difficult the journey may be, those who work together and never give up will eventually prevail. I believe that as long as we keep to our goals and make hard efforts, we will together bring about a community of common destiny and usher in a new future for Asia.”
Helga Zepp-LaRouche went right to the heart of Wall Street’s “extortion” of Democrats in her Saturday, March 28 presentation to the Schiller Institute conference in Manhattan by calling on participants and all citizens to not allow JPMorgan, Citibank, Goldman Sachs, and Bank of America to make good on their secret meeting plan to stop Glass-Steagall.
On Sunday, liberal publication Salon identifies Wall Street’s evil design in an article titled, “Wall Street’s Political Shakedown,” which identifies Glass-Steagall as one of the main targets of Wall Street’s plan.
Luke Brinker, Salon’s deputy politics editor, says that the money threat is in essence a criminal act that “puts the lie to Chief Justice John Roberts’ apparently straight-faced assertion, writing his opinion in the Citizens United case, that campaign contributions are not intended to influence lawmakers’ official duties.”
“Yet, we have an industry that may well cut off a political party if it does not jettison proposals like breaking up Too Big To Fail institutions, reinstating the Glass-Steagall law separating commercial and investment banking, and reining in unscrupulous speculation,” Brinker writes.
He never mentions Martin O’Malley’s push for Glass-Steagall, but says the the policies Wall Street hates and fears are identified with the “Warren wing” of the Democratic Party, which is “far from dominant.” He warns that if Wall Street has its way, the Senate leadership—and even potentially the next Democratic presidential candidate—will be put in by Wall Street money because of the “Democratic neoliberals who have proven all too eager to forge an unholy alliance with the malefactors of great wealth,” and that “this Wall Street shakedown will only redouble their [the neoliberal Dems’] commitment to keep the financial powers-that-be placated.”
There are growing fears of a new debt crisis, the Guardian reported this weekend, enunciated by, among others, British author and Glass-Steagall proponent Ann Pettifor of Prime Economics, who underscores that nothing has been done since the 2008 crash, particularly on the issue of helping nations that can’t repay their debts. “We’re going to have another financial crisis. We’re back to where we were, and that for me is really frightening,” she says.
The Guardian cites others who warn that the global community hasn’t really learned the lessons of the Greek debt crisis, “or even of Argentina’s default in 2001.” Industrialized nations oppose attempts to deal with the issue of sovereign debt restructuring in any venue, such as last year’s proposal in the UN General Assembly to debate creating a global mechanism to regulate sovereign debt restructuring. While debate on these proposals goes nowhere, developing nations have meanwhile piled up billions in new debt, thanks to low rates and QE’s “cheap money.”
On top of Brazil’s problems with a strengthening dollar, Turkey, Chile, and Malaysia have large dollar-denominated debts and sliding currencies; several African countries have big debt repayments coming up, and Ghana and Zambia have to go to the IMF. Pettifor warns: “it’s as if absolutely nothing has changed since the  crisis.”
In Europe, recognition that Greece cannot pay its debt and may be forced to exit the Eurozone has provoked panic. Yet, according to Sunday’s Financial Times, some among the more delusional are comforting themselves with the argument that the European Central Bank’s (ECB) Quantitative Easing (QE) program (60 billion euros/month) would contain the consequences of a “Grexit” from the eurozone, harming Greece, “but not the wider region,” according to UniCredit chief economist Erik Nielsen.
Yes, there would be negative consequences should Greece leave, Nielsen adds, but “it’s all manageable. Nobody in their right mind would start shortening other peripheral debts to any significant extent as long as we have QE.” Others are less sanguine. Barclays chief Europe economist Phillippe Guidin de Vallerin worries that “for the moment, everything is being artificially hidden by the QE.” He’s also nervous about the message going out that membership in the eurozone “is not irreversible… It would show that you can get out if you want. The next time growth slows and markets realize how high debt levels are in Europe, investors will ask: which country will leave the eurozone next?”