Tag Archives: bankruptcy

New Years Resolution : Wipe Out Wall Street

The Economist  joined the ranks of those Wall Street and City of London hysterics who are admitting that the trans-Atlantic financial system is bankrupt and about to blow up. The upcoming January elections in Greece are being widely described as … Continue reading

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“Grotesque Plan for Detroit: Fleece Working People to Save the Banks”

“Grotesque Plan for Detroit: Fleece Working People to Save the Banks” is the title of a useful article published Aug. 5 on AlterNet by Ellen Brown, a well-known financial writer, who is head of the Public Banking Institute and runs … Continue reading

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Detroit, U.S, and Naples, Italy: Banks Leave Cities in Ruins, Amid Popular Campaigns for Glass-Steagall

  7 Aug (EIRNS) “The Battle Of Health Workers In Naples: Naples Like Detroit” is the headline of an article published on Tuesday by the online weekly Il Denaro (Money) and written by a Movisol supporter in Naples who works … Continue reading

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Detroit Requests Congressional Hearing; Swaps Costs May Be Worse

30 July (LPAC) — The Detroit City Council unanimously approved a resolution today calling for a Congressional (House Judiciary Committee) hearing on the “strategic” use of bankruptcy filings across the nation, and whether Detroit is using this to cut pensions … Continue reading

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On the Ground in Washington, D.C. with Lamar Lemmons III

On the Ground in Washington, D.C. with Lamar Lemmons III President of the Detroit School Board, Lamar Lemmons III, joined LaRouchePAC in Washington, D.C. this week, increasing the pressure on Congress to get serious about reining in Wall Street by … Continue reading

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Detroit – Test Case for Genocide

NEW VIDEO: Detroit—Test Case For Genocide LaRouchePAC TV has released a new video, titled “Detroit: Test Case For Genocide”, in the wake of the announcement last Thursday by Detroit’s emergency manager Kevyn Orr, that he is filing for Chapter 9 … Continue reading

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Detroit is Too Big to Fail: Crush Wall Street, Not The American People

Detroit is Too Big to Fail: CRUSH WALL STREET, NOT THE AMERICAN PEOPLE by Bill Roberts, LaRouchePAC Policy Committee On Friday, July 19th, during a live webcast, Lyndon LaRouche warned that if we do not succeed in forcing the U.S. … Continue reading

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Rep. Conyers Calls for Hearings on Detroit Bankruptcy

  20 July (LPAC) Rep. John Conyers (D-Mich), who represents a section of Detroit, issued a letter July 20 to the head of the House Judiciary Committee, Rep. Bob Goodlatte (R-Va), seeking a hearing on the July 18 decision by … Continue reading

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City of Detroit Files for Bankruptcy Protection

  Watch LaRouchePAC Policy Committee member Bill Roberts testify at Detroit City Council on LIBOR rate rigging which helped sink the city of Detroit. 19 July (LPAC) The City of Detroit late Thursday afternoon filed a petition in federal bankruptcy … Continue reading

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Bill Roberts: As Detroit Goes, So Goes the Nation

  22 June (LPAC) The now looming bankruptcy of the City of Detroit marks an inflection point in a process of deliberate destruction of a city which once served as the hub of the American System of Political Economy. Last … Continue reading

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