Question 2 at the fifteenth Friday webcast by Lyndon LaRouche addressed to the American people.
President Obama lied to the American people saying that the bailout was necessary. It was not. When he came into the presidency confronting a crisis worse than the great depression, he continued the bailout policy and refused to enact the only law that would have prevented the further disintegration of the United States, the Glass-Steagall policy.
A growing spirit of national resistance to imperial financial dictatorship is emerging in nations across the transatlantic world. Our job in the United States is to organize a juggernaut for the three-fold solution: Glass-Steagall, National Banking, and NAWAPA -- and we have very little time to win.