Forget the issues, Bronx, we need the Glass-Steagall right now, and large scale projects like the North American Water and Power Alliance (NAWAPA). We must get away from the stupid populist, street corner issues. Get clear headed that we cannot have the same old. We need the separation of the banks through Glass-Steagall.
Europe can go dead, if Germany does not resist the pressure on it now. No more Dale Carnegie crap, we have to save the nation, not their stupid opinions. Otherwise, you can't win.
Showing posts with label glass Steagall. Show all posts
Showing posts with label glass Steagall. Show all posts
Wednesday, July 4
Forget the Issues, Bronx NY
Posted by
Howiecopywriter
at
4:29 PM
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Labels: banks, dale carnegie, glass Steagall, glass- steagall, nawapa, populism
Tuesday, July 3
Euro and the Looting for Banks
europe is looting the world, through the British system, so stop the bailout and go Glass Steagall Act of 1933, cut up the banks, stop bailout of speculation. LaRouche Pac right on.
At a Berlin press conference today
Wilhelm Hankel and Karl Albrecht Schachtschneider, two of the famous "4
anti-euro professors" elaborated on the legal complaint against the ESM
which they have filed along with the Free Voters party at the
constitutional court, and attacked the bailout policy in harsh words.
Hankel said the ESM is a monster, unprecedented in the world with a capital base that is 140 times larger than that of the ECB, 80 times larger than that of the Bundesbank, and 50 times larger than that of Europe's biggest bank, Deutsche Bank. With that firepower, it will soak up all the capital needed for the bailouts, and that will leave nothing for public sector loans, for the municipalities, for the creation of youth jobs, for the firms. Europe's real economy will be bleeding out, also in terms of democratic rule, because the ESM is designed to stand above the democratic institutions of Europe (a point elaborated on even more by Schachtschneider, then——ed.).
Hankel also responded to a question posed by BueSo TV correspondent Stefan Tolksdorf on the way Merkel got pulled over the table at the EU Summit, on Obama's interferences, and on the hyperinflationary threat posed by the ESM and other policies. Hankel said that Obama's conduct had nothing to do with the euro as such, but more with the fact that de facto, the euro and the dollar are tied together. The German government should reject any interference from the US side, also reject such comments as that by the IMF's Christine Lagarde, who is said to have declared that if she ever heard mention of the German constitutional court again, she would leave the room right away.
Hankel said the ESM is a monster, unprecedented in the world with a capital base that is 140 times larger than that of the ECB, 80 times larger than that of the Bundesbank, and 50 times larger than that of Europe's biggest bank, Deutsche Bank. With that firepower, it will soak up all the capital needed for the bailouts, and that will leave nothing for public sector loans, for the municipalities, for the creation of youth jobs, for the firms. Europe's real economy will be bleeding out, also in terms of democratic rule, because the ESM is designed to stand above the democratic institutions of Europe (a point elaborated on even more by Schachtschneider, then——ed.).
Hankel also responded to a question posed by BueSo TV correspondent Stefan Tolksdorf on the way Merkel got pulled over the table at the EU Summit, on Obama's interferences, and on the hyperinflationary threat posed by the ESM and other policies. Hankel said that Obama's conduct had nothing to do with the euro as such, but more with the fact that de facto, the euro and the dollar are tied together. The German government should reject any interference from the US side, also reject such comments as that by the IMF's Christine Lagarde, who is said to have declared that if she ever heard mention of the German constitutional court again, she would leave the room right away.
Posted by
Howiecopywriter
at
5:04 AM
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Labels: British, deutsche bank, euro, germany, glass Steagall, glass-steagall
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