… Meanwhile, from within the ORG
To counteract revinire’s love-affair with posting Larouche’s latest screed about this Year’s Economic Meltdown (annual tradition since 1958) — which I may just edit down to a handy link to clear the clutter–, I offer this up, my own cut and paste job, whereabouts obvious. (Mind you, I can’t say that the immediate economic outlook is terribly good. But the reality is that there are always economic insecurities, even in relatively good times, for demagogues of various stripes, such as a cult leader here or there, to exploit.)
But, enter Eaglebreak: ……………..
You will recall that a few days ago, I posted the Jeff Steinberg Saturday morning National Office riff that appeared in the Morning Briefing of Sunday, March 9, and you will recall that somewhere in that dense thicket, there was the standard Lyn-attacks-the-Baby-Boomers followed by the announcement that “LYM Editorial†and “LYM Warroom†would be moved closer to The Residence (as Lyn sometimes likes to call it) at Windy Hill, to get the LYMers away from the influence of Boomer members.
What appears below is the followup, in the Morning Briefing of March, where Lyndon lays out his “thinking†on this policy, and in passing lets the NEC have it.
The briefing writers that day were William F. Wertz and David Cherry.
Morning Briefing
Monday, March 10, 2008
TIME TO SHAPE UP!
by Lyndon H. LaRouche, Jr.
March 9, 2008
Since nearly every NEC member but Gerry Rose and I, and also relevant others [there are only six NEC members left, so if you count the “relevant others,†who else is there?], have been tied up with time-consuming personal or similar distractions from their managerial responsibilities in the Leesburg National Center, and since, also, the Jersey region [duck, Dennis, here it comes again] and some other places are not reacting to the real-world crisis engulfing the actual world in which we are actually living, it was urgent that I intervene to make a declaration of a moratorium on such negligent behavior.
We have just recently taken an action, on my personal initiative and responsibility, which has served as a contribution to the possibility of preventing our immediately imperilled nation from plunging immediately, this current month so far [eh?], into an (sic) calculably (sic) impossible existential situation. The behavior, especially of the relevant boomers, in the national office, the Jersey office, and elsewhere, is that of people who are fleeing from the immediate reality of the situation presented though them as the threat to our nation and also to ourselves. People who seem to be fleeing from a manageable, if threatening situation, into a personal niche in which the prospect for their personal future is hopeless under the kind of stubborn indifference to leadership responsibilities which I have assessed in the circle around me this past week or so. [Why were they fleeing again?]
—————————————————————————————-
As August 15, 1971 had approached [don’t you just love his verb tenses?], I was operating on a now memorable long-range forecast, stated first at the beginning of the 1960s, in which I had warned, repeatedly, over a decade, that unless certain changes in current economic-policy-shaping trends were corrected, the U.S. economy would enter a crisis-phase during some part of the second half of the 1960s, and the threat of a breakdown of the present world monetary system by near the close of that decade. This warning was spread in and around our political association and its activities during the interval 1966-1971; my standing long-range forecast was fully confirmed, contrary to the outlook expressed by every known relevant other economist on July 15-16 (sic), 1971.
At that latter juncture, I uttered a report which forecast that the mid-August action of the Nixon Administration now threatened the U.S.A. and more with a takeover by fascism as the meaning of that term “fascism†had been established by the record of the Mussolini and Hitler governments. The same type of threat of fascism, is threatening, as from fascist Felix Rohatyn, to take over the Democratic Party and other relevant institutions.
During the ten years beginning with that forecast of August 30 (sic), 1971, the U.S. economy was wrecked, first, chiefly, by the monetary policies of the Nixon Administration and, secondly, by the thorough wrecking of the internal structure of the U.S. economy, by the Trilateral Commission, under President Carter, during 1977-1981. The crisis of October 1987 which I had forecast in June and later to occur in approximately October, happened exactly as I had forecast, expressed in a stock-market crash of 1929 characteristics and magnitude [nope].
Shortly after that, the collapse of the Soviet system, which I had forecast, in February 1983 as likely for “about five years ahead†[he didn’t forecast any such thing], happened. That general forecast from 1983 had been supplemented, in a forecast from Berlin, on October 12, 1988, stating that the world was on the verge of a general collapse of the Soviet economic system which was to be expected to begin its eruption in Poland during the period immediately ahead.
My presentation of the “Triple Curve†forecast [not a forecast] as the galion-figure of the launching of my 1996 campaign for the Democratic Party Presidential nomination, has now been borne out fully, in the present hyperinflationary world crisis, in the terms I forewarned, not only for the U.S.A., but for the world at large. The inflationary breakdown-crisis of the trans-Atlantic segment of the world’s present monetary-financial system has so far evolved exactly as I had forewarned.
Also notable, is the fact that the current U.S. Presidential-nominations campaign has followed exactly the guidelines (sic) I had specified.
On these, and related accounts, our association is a most remarkable success in its avowed mission. Unfortunately, alien influences seizing the gutter of the “Baby Boomer†section of the membership of our association, have tended more and more to act as professional losers, but [but?] have done so in explicit hostility to those policies of mine which have been at the center of all those stated and related successes, in the choices of outlook and methods which I have defined for our association.
Nancy Spannaus should produce that record, immediately. [Ouch.]
Now, when the fate of this nation depends upon the factor my leading role represents, why are so many among the leaders of the association fleeing from their executive responsibilities? I do understand the motive for that foolish behavior among us; but that is no excuse for failing to impel the nominal leaders of this association to get back on the job, raising the funds needed to meet the obligations of our association, not only what they might perceive as their own [swipe at various NEC members who are trying to cope with difficult personal and family situations]. Some veterans among us ought to be ashamed of themselves, if that sense of shame prompts them to remedy the reckless behavior seen over, especially, the course of recent months.
Our role in service to this nation, and its future, is now of crucial importance to not only our republic, but other parts of the world. This is a situation tantamount to war [isn’t it always?]; no personal considerations are moral [the biggest of the Big Lies], if they represent flight from duty on front-line matters of the association itself on this account. Large issues must not be neglected for the sake of the pettiness expressed by some small minds in Leesburg and other locations which I could name.
—Lyndon
[Notice he signed it twice? Now that’s narcissism.]
Comments:
Two things occur to me.
1. The NEC is “failing†Lyn because now even they find themselves compelled to take care of personal matters—parents, relatives, deaths and illness, old age—and so can’t dance attendance on Lyn the way they did in those faraway days of their youth. That’s why he thunders against “personal considerationsâ€â€”they’re deserting him for moral obligations he cannot begin to understand.
2. Moving the LYM out of Leesburg nearer to Windy Hill might just be the beginning of the Kool-Aid phase. If I were a LYM member, I’d want to think long and hard about that.
Or maybe it’s the oldsters who will be invited to get out of the way. Lyn makes Richard Lamm look like a teddy bear. And he makes King Lear look like Solon.
…………………………………………………
March 18th, 2008 at 2:21 pm
Hm.
http://www.youtube.com/watch?v=CQTHGMIHfwk&eurl=http://www.strmz.com/Channel2860?link=http://youtube.com/?v%3DCQTHGMIHfwk
We.., they do amuse sometimes, don’t they?
March 18th, 2008 at 5:56 pm
I have to admit it was entertaining. What are the chances this was a stealth audition for Comedy Central or Saturday Night Live?
March 19th, 2008 at 4:53 am
LaRouche: Bear Stearns Bailout Was Illegal
18 Mar 2008
March 18, 2008 (LPAC)–The bailout/takeover of the thoroughly bankrupt brokerage house Bear Stearns was illegal, and represented a case of money laundering, that should be prosecuted, Lyndon LaRouche charged today. LaRouche noted that there is no basis in law for the Federal Reserve to have stepped in and bailed out a brokerage house, which is not a bank, and therefore not covered by any existing laws. The Emergency Banking Act, passed by Congress on March 9, 1933, provided for government assistance to protect vital banking functions, but was restricted to commercial banks. Chartered banks make up a vital part of our overall economy, but brokerage houses like Bear Stearns are strictly part of the speculative apparatus that has looted the economy and the population blind. The idea that the Fed stepped in to provide tens of billions of dollars, or more, to save Bear Stearns, is prima facie criminal. It probably constitutes violations of the existing money-laundering laws.
“It smells like another filthy Goldman Sachs scheme,” LaRouche added. “I think it is time to increase the social staus of our Federal prison population–by sending all those responsible for this abomination to jail.”
March 19th, 2008 at 7:37 am
Hi, folks–and especially you, revenire.
Did everyone see eaglebeak’s post on factnet of the John Hoefle article from the March 21 EIR?
If not, take a look. http://www.factnet.org/vbforum/showthread.php?t=11710&page=10
The violent vulgarity of LaRouche’s increasing unbridled speech (well, give the guy a break–he IS 85 and half-senile) is the best reflection one can imagine of the content of his character.
Also–I don’t pretend to be an expert–but I thought the Fed used Sections 13-3 and 11(r)(3)(ii)(l) of the Federal Reserve Act to do the bailout of Bear Stearns. Section 13-3 broadens the Fed’s ability to lend beyond banks to “individuals, partnerships, or corporations.”
So Lyn’s twaddle about the Emergency Banking Act of ’33 would seem to be irrelevant.
Hey, Rev–I’m starting to suspect that Lyn doesn’t know up from down. Could it be?
March 22nd, 2008 at 2:54 pm
Oh, this one is good.
http://www.factnet.org/vbforum/showthread.php?s=552527c2a352fbf6c2b92a286471ff3f&p=343378#poststop
I’ll post it properly later. I’ll probably edit out the most bemusing parts, though.
March 23rd, 2008 at 5:44 pm
please do… we are not allowed there and my computer doesn’t allow me to go anyplace except where i have stated: pj harvey’s site, cat power, tom waits and some jack kirby places
i am oddly enough allowed to come here but that is because i was told i would have a good laugh so here i am
make me laugh Big Man
remember though… latency because i am on the Moon guarding earth