X-Message-Number: 32016
Date: Wed, 30 Sep 2009 15:35:37 -0700 (PDT)
From: Phil Ossifur <>
Subject: October brings phase change in global breakdown. 

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quotes from the full article athttp://www.larouchepac.com/node/11941


The entire planet has now entered the onset of a planetary "new dark age" - - 
unless very specific kinds of changes, from a world monetary system, to a 
"Hamiltonian" quality of mutual credit-system, were to be launched by a leading 
combination of the U.S.A., Russia, China, and India. Shallow-minded people will 
insist that such a change is impossible. I 

Then, as now, the only competent remedy for a breakdown condition such as those 
of Weimar Germany 1923 and the U.S. economy today, is to put the system as a 
whole into reorganization in bankruptcy by the relevant sovereign nation- state,
using the equivalent of a Glass-Steagall standard for reorganization of the 
entire system in bankruptcy. The fictitious monetary assets must be simply 
canceled, and the relevant economy reconstituted on the basis of an 
anti-monetarist credit- system, canceling the morally fraudulent monetarist 
assets.


Clearly, the British monetarist-imperialist system would resist such reforms, 
virtually to the bitter end. No matter; it is essential that civilization more 
generally survive, while the necessary fundamental changes in the United 
Kingdom's affairs appear, more or less reluctantly after the remainder of the 
world has cast its own vote for economic sanity.However, if the remedy I have 
identified is not adopted, the world as a whole is already foredoomed for a 
season in Hell. To understand that immediate threat of a global 
breakdown-crisis, the factor of what is called "globalization" must be taken 
into account.



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