Thursday, November 27, 2008

LaRouche: Paulson Willing to Sink All U.S. Banks

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LaRouche: Paulson Willing to Sink All U.S. Banks
Increase DecreaseNovember 26, 2008 (LPAC) -- Treasury Secretary Henry Paulson is willing to follow the British scenario and sink all U.S. banks, Lyndon LaRouche said today.

Instead of following British orders, Paulson should take his medicine, and declare the whole system in bankruptcy-- reorganization in bankruptcy, not more bailouts. He may be a Christian Scientist, but this time he has got to take his medicine, LaRouche said.

LaRouche characterized Paulson's latest $800-billion Federal Reserve program to buy junk paper, as an end-run around the debt ceiling. It is illegal and unconstitutional, LaRouche said.

Part of the reason for the British-orchestrated assassination threats against Obama is the fear that he could overturn some aspects of this illegal sham, LaRouche said

1 comment:

Unknown said...

Larouche is not an economist but a convicted criminal who was sent to prison in the 1980s for hijacking over 30 million doloars from people who thought that he was a legitimate person.

Larouche has been a socialist, communist, Christian, left/right winger, pro Russian, anti Russian and anyhting else you can imagine to sucker people to his delusions.

For over 40 years he has been running a cult of endless economic collapse, New Dark Ages and Nuclear war to recruit enough naive colege kids to drop out of school and support him. His cult skips many labor laws as he has them called "volunteers" and has them running like hamsters 18 hours a day, 7 days a week with one crisis after another.

You can read about how this charade is run on sites like:

Laroucheplanet.info

lyndonlarouchewatch.org

factnet.org under discussions where there are over 6K posts from former members about this lunacy.

This is a bum who had the anti semitic Protocols of the Elders of Zion placed in his propaganda.