by Kesha Rogers
The system is blowing now, and without the immediate enactment of the specific, threefold solution identified here, we will soon witness the complete disintegration of sovereign governments throughout the world. The debt bomb is about to blow, and with it, entire currencies around the world. The Euro is about to vaporize, and if this threefold solution is not enacted, money as you know it will basically become worthless, virtually overnight.
First, protect the commercial assets of Americans from being looted for "bailouts" of the bankrupt Wall Street and London financier oligarchy, by reinstating the original 1933 Glass-Steagall Act of Franklin Roosevelt, writing off the speculative debts; next, a Constitutionally sound credit mechanism must be set up to recapitalize the commercial banking system, in the form of the original, Hamiltonian national banking system; and through this regulated credit system, Congress must issue the funds to restore our nation's commitment to scientific and technological progress, expressed through the building of NAWAPA XXI. This is the policy endorsed by the national slate of LaRouche congressional candidates.
Reports from senior finance ministers at the IMF's annual spring meeting are that 7-8 trillion euros will be needed to bail out the speculative debts of European banks, but IMF director Christine Lagarde announced the fund is only being expanded by $430 billion. In other words, it's short by about 94% of what it needs, to not blow out immediately. At the same time, European governments are falling apart because they can't force through the austerity on the population, which is where the money to pay the banks comes from. This debt bomb can never be paid, although since 2011 Obama and Bernanke have volunteered to try, with your tax dollars, and a fascist police state.
There is another way.
Alexander Hamilton recognized something like this very crisis could emerge, and enshrined the U.S. Constitution and the national bank with the power to provide for the general welfare of the nation. Since the debt is only money, and money only has value when backed by physical wealth, Hamilton designed the ability to willfully grow the physical wealth of the nation, and keep it safe from looting by enemies foreign and domestic. Simply write off the debt tied to speculation, and use the authority of Congress, stemming from the consent of the people and the laws of nature, to foster the growth of industry, science, the arts, and manufacturing. That is what the threefold solution of Glass-Steagall, national banking, and NAWAPA XXI will accomplish. Our power to prosper, and to defend the development of sovereign nation states throughout the world requires acting upon these principles embedded in our U.S. Constitution. These are the very principles that the British Empire and its puppet in the White House Obama are out to eliminate, along with nearly 7 billion people throughout the planet, through global economic collapse and thermonuclear WWIII. Obama must be impeached now if mankind is to survive. Compromises and negotiations are suicide. You, the citizen of this great republic, must muster the courage and act now.
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