What Will Follow the October Crash: A Plunge Into a New Dark Age or a New Credit System?
September 14, 2009 • 6:36PM

Webcast with Helga Zepp-LaRouche, Chancellor Candidate for the BüSo party in the German federal elections
Live in German, English, French and Italian. Archives Now Available

The Topics:

1. The attitude adopted by Great Britain and the United States ahead of the G-20 summit in Pittsburgh on September 24-25, two days before the federal election, does not exactly indicate their readiness to tackle the urgent reorganization of the world financial system. The virtual state of bankruptcy of the USA and the entire international financial system will throw the world into convulsions by, presumably, the beginning of October. President Obama will be confronted by the option, of either continuing the policies of the City of London and Wall Street, driving the population to even greater demonstrations of rage, or saving his presidency by putting policies in the tradition of Roosevelt on the agenda. The BüSo has to get elected into parliament, because only we are prepared for this moment and have a solution.

2. All the other G-20 governments have, up until now, failed to produce a root-cause analysis in order to explain how the world entered the throes of the gravest crisis in the history of mankind. But, if a disease is to be treated properly, the cause has to be made known. The required new system can no longer be based on the principles of today's completely collapsed monetary system, but rather we need a credit system, which the first Treasury Secretary of the USA, Alexander Hamilton, anchored in the American Constitution and which was revived by Lincoln and Franklin Roosevelt.

In the Germany of the early 1930s, there also existed similar plans by Dr. Wilhelm Lautenbach and the WTB Plan of the Confederation of German Trade Unions (ADGB), but they were unfortunately never implemented. The period of reconstruction after the Second World War was also based on an approximation of this principle.

3. The new world order must be founded on a dialogue of cultures and the principles of the Peace of Westphalia. Germany will only be able to make its contribution to overcoming this systemic crisis if our best classical tradition in science and art — the ideas of Nicholas of Cusa, Kepler, Leibniz, Lessing, Mendelssohn, Schiller, Humboldt, Bach, Beethoven, to just name a few — becomes familiar again to all human beings, young and old.

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