How To Pop Your Ears With Fir

For the Fed of Kansas and the situation 'worse than the pre-Obama

(Eir - Strategic Alert) - The LaRouche Political Committee (LPAC) is intervening effectively in the ferment of the mass strike in the U.S. calling on all actors to watch "the bigger picture" and seeking a complete reorganization of the banking system and the creation of a banking system to jump-start the economy. In this campaign, the report shows the FCIC is very valid.

In an interview with WNYC radio

February 25, the same Angelides pledged to continue the battle. It is significant that he has not only raised the issue of the Glass-Steagall Act, but the principle behind it: the distinction between productive and unproductive capital investments, or what he called the "paper economy".

When asked what the Republicans respond to criticism that the crisis was caused by the simple excess liquidity, Angelides pointed out that a large amount of capital does not necessarily lead to a crisis. "The presence of cheap capital, a large amount of capital available, does not have to be a disaster. That money, instead of being channeled into mortgages that were completely toxic, could be channeled into the production of jobs, businesses, wealth for society as a whole. In short, the capital available in large quantity can be a good thing. "

To explain the effects of the abolition of Glass-Steagall, Angelides has cited" a classic example of a bank that is in trouble with the securitization, namely Citigroup. " At the end of the day, Citigroup had accumulated $ 55 billion of exposure to subprime real estate securitization, and has suffered tens of billions of losses, if there was Glass-Steagall, or some kind of separation, this institution would not be banking was in danger. "

Angelides also addressed constructively about the big financial crisis of the states. He called a" rewriting of history by Wall Street and the right " that downloads the crisis on workers and essential services in the state. He indicated that the real unemployment in California is about 17% and said: "This was caused by the financial crisis, not by teachers."

The chairman of the Federal Reserve Bank of Kansas City, Thomas Hoenig, continued his opposition to the policy of his boss, Ben Bernanke. In a speech in Washington on Feb. 23, he sought to separate the financial institutions "too big to fail", so you can start bankruptcy proceedings if necessary. According to Hoenig, "should not be permitted to organizations working to protect the security of the state to carry out high risk activities."

Disassembling propaganda for Obama, Barney Frank and others, he also said that the current financial condition is even worse than before the crisis. As full of good intentions, the financial reform of [Obama] will not improve the effect. "

Hacked Sim Card Unlimeted Minutes

protests from India to the United States: the system is a Dead Man Walking

(LPAC) - In an interview on the weekly TV LPAC, Lyndon LaRouche stressed that the current monetary and financial system "has become a 'Dead Man Walking' , a person sentenced to death. Walk, but he died. And there is no requirement that the current system of government, all over the world, can continue to exist in its present form. It is already deceased. "And those leaders who continue to defend it was soon dismounted.

The entire transatlantic region is in a state of hopeless bankruptcy, LaRouche continued, emphatically including also the euro system. There is no way debt, represented by bank bailouts and the like in Europe and elsewhere, can never be repaid. For this reason we need a comprehensive reform of Glass-Steagall, which distinguishes between legitimate and speculative debt, which would mean the end of Wall Street. There is no hope of recovery, anywhere "under this President of the United States, under which the British system." With Obama in the White House, there is no hope of survival for the United States, and if they jump the United States, also jumps all over the Western system.

"We are dealing with a world dominated by mass insanity, and insane are leading institutions," said LaRouche. What we see in Egypt, Libya, Bahrain, Tunisia, and also in Wisconsin, is the disintegration of the entire system, with a chain reaction and governments falling one after another.

Elsewhere, LaRouche said that Gaddafi and Governor of Wisconsin Walker are expressions of the same transatlantic crisis from collapse. While people everywhere are ready to fight, the lack of leadership by those who should provide leadership in this situation "The situation is leading towards a process similar to the French Revolution" full of dangers.

After his initial statement on TV LPAC-LaRouche was asked about the psychology of mass riots that are breaking out all over the planet. In response, he began by comparing the reaction of the population "to divorce harder than you can imagine, when people say to his master, who is the current system: 'I do not love you anymore. Indeed, we hate you'. And this is a healthy reaction, very healthy, "but not enough.

protests in Egypt against Gaddafi in Libya, in Wisconsin and across the United States, indicate that "the system is collapsing, and the bride (the people) are leaving the groom. "

The question now, said LaRouche, is the need for positive leadership" that is an alternative to all that they represent Obama and Wall Street. We must take the hatred of the people, that is spreading around the world, across Europe and the United States, in particular, and transform this hatred into something constructive. Passion is justified. The passion that now expresses itself in hatred, a hatred growing against this administration and this president and all that they entail: it is justified in the sense that it was caused. But we must move from hatred to something constructive. "

For the U.S., LaRouche gave the example the Republican victory in the last election in November, based on hatred of the people against Obama's policy, particularly health care reform, and against the Democratic Party that has capitulated to the White House. But by limiting their response to a protest vote, Americans have achieved something so bad as Obama, namely the ultra-conservative governor like Walker ("the Baltassar of Wisconsin). "The hatred that evokes hatred is dangerous if left alone."

know what steps to take, said LaRouche, a reform Glass-Steagall, the refusal of a health policy based on rationing and cost efficiency, like Obama, and large projects such as NAWAPA. We simply have to implement them. "We have a century of development, with these measures. But we must abandon the hate factor, the negative factor. We must go to the constructive factor."

Is This Folliculitis Or Herpes

In Spain, the crisis is resuscitate the peseta. For now only Mugardos, Galicia

Who leaves the old road for the new knows what he loses but does not know what that is, the proverb warns. It is along these lines that Mugardos, a Galician town on the north coast of Spain, nearly 6 thousand souls, he thought, to revive the local economy a bit 'too little dynamics, the solution to exit the tunnel was to look back.

Other than €: in those parts has been resurrected dear, "old" peseta. Over 60 businesses have decided to return to accept the old currency - the euro as well, of course - thus inviting all those who were still available the old banknotes, abandoned nine years ago and replaced by the single European currency, to pull out of the drawer and spend. I mean: in this phase of crisis, it's on the picky, we accept everything, do not worry.

Despite initial skepticism, the idea seems to work, reports BBC online. The recession is the mother of invention, then. For some time the Galician town is overwhelmed by a deep crisis that affects the whole region, thousands of shops down shutters, two million jobs went up in smoke. The owner of a hardware store and small appliances said that recently he had presented himself as a local man with an old bill that had 10 thousand pesetas found in the house. He did not know how to use the currency - he thought - had fallen into disuse. Shortly after he had become the "happy owner" of a brand new toaster. Even the currency return. Sooner or later.

Rikers Island Visiting Days In Febuary

The gasoline Tremonti

seems that the State takes at least 50% of the price you pay for petrol. So if will consume 110 million liters per day, an average of 1.50 euro per liter, the state collects, including excise duties and taxes, about 85 million € / day. A year ago I built about 70 million. In one year, the state levies on gasoline consumption are amounted to € 31 billion, were 26 billion. Because these data may be inaccurate? only to say that the taxes on fuels in times of crisis like the present, could decrease rather than increase, in the case of mass consumption and most of the time needed in a modern and civilized country. The Minister of 'Economics, Chiarissimo prof. Giulio Tremonti, who belongs to the family of "... mo 'I'll tell you ..." ( growing family), never talks about taxes on gasoline, and if you one day, suddenly, he explains that it has reduced? The people would make great party and might even equip with notebooks, note-taking in the magnificent speech of his Chiarissimo Minister.