The opening of negotiation and potential collaboration among Russian President Putin, incoming U.S. President-elect Trump, and China’s President Xi is now the sine qua non to take the world away from the brink of world war, and thus allow economic revival especially in the United States and Europe.
No one — neither Trump, nor any other nation or major party, should be negotiating with Barack Obama. Obama is finished; his TPP and TTIP “trade deals” are finished; his “Assad must go” promotion of jihadis to take over Syria is finished; his attempted “pivot to Asia” to defeat China, is finished. So too, is his long defense of Wall Street from the ire of the American people.
Paradoxically, despite much hysteria among prominent liberals, the hope that Wall Street can be broken up and its power over American political life broken, is stronger now than it has been for many years. Restoring the Glass-Steagall Act is the first instrument and goal of that hope, but the potential is to restore the whole of lost American productivity, lost productive employment and living standard, broken economic infrastructure, lost hope for the future.
This is the November-December mobilization of LaRouchePAC which is underway, for Lyndon LaRouche’s “Four Laws” to save the United States economy and people.
But the confrontation and war provocation against Russia and China of Barack Obama’s entire presidency must be rejected, in a visible way, for that hope to advance. Russia’s Putin has already made specific proposals and offers of collaboration. Many European political forces which have been opposing the sanctions and war buildup against Russia, are looking for direct “summit” discussions between Putin and Donald Trump.
And China is the only hope for a Trump Administration’s being able to realize its large-scale plans to build new economic infrastructure. Without collaboration with China, the United States will have neither the credit nor the physical-economic means to build that high-speed rail network, those new power grids, ports, airports, etc.
Public events are demonstrating that not just the American electorate, but important sections and leaders of the Democratic Party itself have dumped Barack Obama, the “Wall Street and war” policies of his administration, and along with Obama, have dumped his would-have-been successor Hillary Clinton. Sen. Bernie Sanders’ statement today, “If Mr. Trump has the courage to take on Wall Street, we will work with him, issue by issue,” expresses the thrust of progressive Democrats’ intention to take over the party from Obama’s political corpse.
We do not know what Trump’s team will do. We know what American citizens, taking the Congress to task, have to do. Wall Street must pay for the economic wreckage it has caused for a decade. It must be broken up and its financial casinos shut down — Glass-Steagall. New credit for productive employment and productivity must be created.
The United States has to join the New Silk Road of the Eurasian powers, if it is to recover. The attempt to provoke war with those powers — Obama’s “legacy” — must be ended.