Economic collapse by October 12-15

Citizens Electoral Council of Australia

Media Release  31st of July 2009

LaRouche Webcast, “The Coming Fall of the House of Windsor”:

Economic collapse by October 12-15

Lyndon LaRouche will present a webcast presentation from Washington D.C., live at 3am Australian Eastern Standard Time on 2nd August, on his latest economic warning that the world economy will collapse by mid-October, triggered by the bankruptcy of the state governments, and federal government, of the United States of America.

“Although we can say, contrary to all wishful thinking, that the system is doomed, by no later than October 15, and therefore, immediate action is required weeks, even two months before October 12th of this present year,” LaRouche explained. “We must cancel the $24 trillion bailout immediately during the weeks just ahead, and put the system through an orderly bankruptcy reorganisation, as specified under our Federal Constitution. The entire Federal Reserve System must be put into receivership. There is no way that the Fed can honour those intrinsically fraudulent bail-out efforts underlying the still cancerous growth of current nominal financial obligations. Reducing the obligations of legitimate national and state chartered banks to the magnitude of Glass-Steagall standards, either will be done, through bankruptcy reorganisation now, or the United States itself will soon cease to exist. Without such a proceeding in bankruptcy as I specified during the period from July 27, 2007 into that September, there is presently no hope for the continued existence of the U.S.A. or any among the nations of Europe, in their present forms.”

LaRouche has titled his presentation, “The Coming Fall of the House of Windsor”, which will address the necessity of installing an anti-British-imperialist world economy:

“Only the sudden and thorough scrapping of the monetary systems which have reigned over the world since the death of President Franklin Roosevelt, could provide humanity today an escape from a New Dark Age whose character would bring the entire planet rather quickly from a level of about 6.7 billions individuals, to probably something near the goals, of no more than two billions, demanded from pro-genocidalists such as the late Bertrand Russell and the sheer evil of the World Wildlife Fund of Prince Philip and the now deceased Prince Bernhard.

“While it is necessary to continue the use of money as a medium of exchange within the microcosms of the social process of economy, any useful definitions of the role of money must abandon those old, systemically failed, definitions, which have been formerly taught in schools and universities, and as presently official accounting practice; there must be sudden and sweeping installation of a new form of an anti-British-imperialist world economy, that among cooperating, perfectly sovereign nation-states. That urgently needed change, will come into existence on the battleground once occupied by the preceding reign of the now hopelessly failed existing nation-states of the former monetary systems.”

ends

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