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One Minute After Midnight…The Crash is On!
DOWNLOAD PDF Past Issues by Diane Sare and Jeff Steinberg On July 25th, 2007, in a Washington, DC address, Lyndon LaRouche shocked his audience by stating, “There is no possibility of a non-collapse of the present financial system—none! It’s … Continue reading
Posted in LPAC, The Hamiltonian
Tagged bailout, British Financial Empire, City of London, crimes of Wall St, Deutsche Bank, financial collapse, Glass Steagall, LaRouche's Four Laws, new economic order, new financial architecture, Physical Economy, scientific discovery, space exploration, stop ww3, Wells Fargo
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Did You Know Glass-Steagall Would Have Prevented AIG Blowout?
An interesting and fairly thorough argument for the necessity of Glass-Steagall was made in American Banker by Marcus Stanley, the head of the Americans for Financial Reform coalition, in answer to constant debating there and in the Wall Street Journal. … Continue reading
Posted in Glass Steagall, LPAC
Tagged AIG, bailout, Citigroup, crimes of Wall St, JPMorgan Chase, Lehmans, new financial architecture, TARP, TBTF banks
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Monte dei Paschi Bailout Is a Bailout of Investors; LaRouche: “The Game Is Collapsing”
By issuing guarantees on Step 2 of the rescue plan for Monte dei Paschi di Siena, the Italian government is de facto bailing out the banks that will be part of Step 1, which is the EU5 billion capital increase. … Continue reading
DeutscheBank On the Brink, Will You Act?
Our weekly Policy Committee discussion will be broadcast at 1:30 pm eastern today.
Deutsche Bank Officer Says ‘Europe Is Extremely Sick,’ Demands Bailout Poison
Now not only Société Générale, but the British-German monster Deutsche Bank is demanding that the European Union suspend its “bail-in” rules and conduct a “European TARP” bank bailout to avert looming bank failures. Deutsche Bank chief economist David Folkerts-Landau, interviewed … Continue reading
Deutsche Banks’s London Operations Can Blow Out the Entire System
Italian Prime Minister Matteo Renzi told reporters during a recent joint press conference with Swedish Prime Minister Stefan Lofven that, no matter how serious Italy’s banking problems are, they are dwarfed, by comparison, with Deutsche Bank. “If this non-performing loan … Continue reading
LaRouche: ‘We’ve Got to Help Germany—Without Sustaining a Stable German System, We Cannot Prevent War’
CC-SA Photo credit: Mohamed Yahya The trans-Atlantic financial system is at an imminent blowout point, and what’s happened just in the last day, Italian Prime Minister Renzi had made a statement during a joint press conference with the Swedish … Continue reading
Posted in LPAC, New Economic Order
Tagged bail-in, bailout, credit system, derivatives, Deutsche Bank, Germany, Glass Steagall, Italy, lyndon larouche, Merkel, new financial architecture, Renzi, schauble
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Daily Telegraph Columnist Argues Against Bailouts, Says ‘Let Some Failed Banks Go Under’
It seems that everyone is getting ready for the next bank collapse. Daily Telegraph columnist Matthew Lynn writes that in the next crisis, some big banks should be allowed to fail. While writing that a new round of bailouts is … Continue reading
Sinn Féin ‘right on burning bondholders’ – Adams
Sinn Féin President Gerry Adams TD has said the party’s consistent position of imposing losses on senior bondholders following the banking collapse is borne out in evidence to the Banking Inquiry. Teachta Adams said it was further evidence that the … Continue reading
Posted in Ireland, LPAC
Tagged bailout, British Financial Empire, burn the bondholders, City of London, Fine Gael, Gerry Adams, Glass Steagall, Irish Labour Party, NTMA, Sinn Féin
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Lynn Boylan MEP: Government must not bow to Troika pressure again and should reverse water charges
Dublin Sinn Féin MEP Lynn Boylan has today urged the government to listen to the will of the people and abolish water charges and not capitulate to any further Troika demands on Ireland’s economic future. Speaking today Lynn Boylan said: “The … Continue reading
Posted in Ireland
Tagged bailout, ECB, EU, Lynn Boylan, Right2Water, Sinn Féin, troika
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