Today's report focuses on Timothy Geithner's role in Barack Obama's political downfall.
The Libor rate fixing scandal, and the recent revelation that HSBC the biggest drug money laundering bank accounts for 60% of drugs coming into America are definitive indictments of the London-based financial system we must shut down with Glass-Steagall
The billions of dollars that the drug trade injects into the bankrupt financial system through money laundering has been used to recapitalize the financial sector. In light of the revelations about HSBC, the LIBOR scandal, and the potential for the reintroduction of Glass-Steagall, there is now an opportunity to do away with the entirety of the deadly drug trade.
The question is, what will we replace Obama with? Not who. The specifics on that are in a certain sense irrelevant. The more important question, now, is what. And if we get the necessary discussion process on policy set into motion -- by the time we do have a new presidency, those solutions will be ready to go, ready for immediate implementation.
As Mr. LaRouche develops in his recent paper The End of an Imperial System, the LIBOR rigging is criminality of the highest degree. Not a criminality on a technicality, that the rules weren’t followed correctly. Remember: Adolf Hitler wrote new rules of law.
We had the chance to sit down with congressional candidate Dave Christie after this week's taping of the candidates discussion with Lyndon LaRouche. Stay tuned for the candidates discussion today at 4 pm.