Wednesday, July 29, 2009

LaRouche Demands Bankruptcy Reorganization Now

July 28, 2009 (LPAC)‑‑Political economist and statesman Lyndon LaRouche today called for the immediate bankruptcy reorganization of the entire Federal Reserve System, before the dollar‑based global financial system crashes. LaRouche warned last week that, by no later than the end of the current fiscal year, or weeks earlier, even as early as sometimes during August, the system will crash, probably weeks before the year‑end data is released. In fact, the present world economy is already hopelessly bankrupt for as long as the U.S.A. and world systems remain dominated by monetarist systems.
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