On the eve of the globalist Halloween prank called COP26 -- which hopefully will become Flop26 -- Russian President Putin delivered a powerful speech lamenting the failure of nations to use the opportunity of the collapse of the Soviet Union to create a safer world. While defending "human life" and the "family" as "absolute values", and insisting on "sovereignty" as a necessary condition for relations between nation states, he critiques the arrogance of those pushing a unipolar world, and dissects the cultural degradation being imposed on the West by them -- including a sharp criticism of "cancel culture", and the approach to race and gender dominating policy discussion in the West. (Since the western media are not covering Putin's intervention, I am posting a summary of his critique of "wokeness" from our website: Putin: Human Life Over Failed Ideology and Woke ‘Phantasmagoria’ - The LaRouche Organization (nationbuilder.com).)
The chances for Joe Biden’s administration to legislate a Green New Deal and take it to the Hallowe’en Summit of COP26 are now essentially zero, as even the Democrats’ in Congress have resisted—or generated resistance by their climate extremism, as the case may be. So Biden has turned, again, to executive orders and regulations, this time to try to show them off in Glasgow. This is because the Clean Energy Performance Program, core of Biden’s Green New Deal, appears to be firmly opposed by at least Sen. Joe Manchin (D-WV). That would have required all utilities generating/selling electricity, to increase their share of “renewable,” or interruptible power by at least 4% every year. It would make adding any more reliable form of baseline power a very difficult proposition for almost any utility.Following the Oct. 15 all-of-government executive order in the form of a “Fact Sheet” from the White House, on Oct. 21 the Financial Services Oversight Council issued a report to its member regulators telling them to crack down on bank investments and security issuances connected to fossil fuel exploration and power generation. The FSOC report/directive was issued on the same day that the mighty climate warrior of the banking world, Mark Carney, attempted, in an interview with CNBC, to definitively declare trillions of dollars of oil, coal and gas assets “stranded”—barred from exploitation—around the world. Said Carney: "We have … too many hydrocarbons, enormous stranded assets, whether it’s in coal, three-quarters of coal, half of gas, roughly the same of oil, we have too many fossil fuels. [emphasis added] The FSOC is not an advisory body. Chaired by Treasury Secretary Janet Yellen, it is the council created by the Dodd-Frank Act of the 15 major U.S. financial, securities, and insurance regulators—the Treasury, the Office of Controller of the Currency, the Federal Reserve, the FDIC, CFTC, SEC, etc. Its “report,” and this is its first report in 12 years’ existence, is actually a directive by the Treasury to the regulators, which will lead to regulations being issued to banks and other financial firms. MarketWatch quoted one enthusiastic financial Greenie: “To unlock that Dodd-Frank power, we need to establish climate as a systemic risk. On this the FSOC was unequivocal — it is a threat to the financial system and all agencies in the FSOC, including the Fed, agreed. That unlocks regulatory power. That’s a big deal.” And MarketWatch itself overstated Biden’s case: “At minimum, a closer alliance presented in the report for diagnosing and reporting climate-change risk for financial markets may help President Biden’s standing at the pivotal UN climate-change talks (COP26) that kick off in Glasgow in a little more than a week.” But tremendous damage could be done. Consider: The first regulation expected, imminently, is an SEC rule requiring that companies included their “climate risk exposure” in their earnings reports. These reports, usually issued quarterly, have become crucial to companies, and if they have to tell investors that their quarterly results are achieved by taking on media-hated “environmental risk,” they believe their stocks and bonds will be shellacked—it’s already happened to the major oil companies. This is only one indication of the gouging of carbon-related investment these 15 regulators can do under Treasury orders.
Mrs. Zepp-LaRouche and her co-thinkers are mobilizing true leaders on every continent—those who thirst for the knowledge of universal principle, such as the doctors, the classical artists, the scientists, the statesmen, and perhaps most importantly, the YOUTH—to inaugurate an Age of Reason, by the successful transformation of Afghanistan, and of Haiti. The people of Afghanistan and Haiti, and of so many nations across the world, face famine, disease, war—but worse, they face the “depraved indifference” of the governments and people of the United States, European countries, and many others, who ignore known solutions to vicious suffering and death, who ignore the success of China in lifting 850 million people out of extreme poverty, who ignore the fifty-year economic forecasting record of the late American economist and statesman, Lyndon H. LaRouche. Together, let us raise up a force of impassioned people, dedicated to righting these wrongs once and for all, so that we may say, truly, “Never again!”
The Glasgow COP26 Summit, starting Halloween, needs a pre-conference exorcism. Will the 25,000 expected attendees be exposed to the most deadly disease on the planet—the Prince Phillip virus? In a 2009 Guardian article, Phillip said: "In the event that I am reincarnated, I would like to return as a deadly virus, to contribute something to solving overpopulation.” Phillip, however was only one of a pool of retroviruses convinced of their superiority over human beings.According to author Donald Gibson:"In 1970 a book written by the English conservation leader, Max Nicholson, was published; it had a rather assertive title--{The Environmental Revolution: A Guide For The New Masters of the World}. Nicholson was involved in promoting the Countryside Conference in England. This coincided with America's first Earth Day, the White House Conference on Natural Beauty, and the formation of the Population Commission led by John D. Rockefeller III.....1970 was also declared European Conservation Year..... In 1970, Prince Phillip (England), Prince Bernhard (Netherlands) and other prominent individuals like Joseph Slater of the Aspen Institute and Aurelio Peccei of the Olivetti Company (later the Club of Rome) were out promoting the revolution." The Halloween Summit of the “ghouls gone wild” is encountering more and more resistance from the world’s sane nations, more and more trouble in bringing off the zombie green death jamboree’s agenda. That’s good news, but the unravelling of the financial and physical economy is happening so fast, as a result of the tight grasp of the trans-Atlantic financial system’s dead hand on the brain of the living, that we face the question: What do we humans think and do? How do we meet emergency needs anywhere, and re-create nations and economies? The solution is take the LaRouche World Land Bridge to the streets and classrooms of the United States, reviving the American System of physical economy. Speakers to be announced.
The multiple crises we face, from the economic breakdown to the death toll and dangers from geopolitics, require collaboration among peoples and nations on solutions; in particular, on ending toleration of “climate emergency,” green destruction. On Oct. 6, the call for this went out as a joint statement from the respective leaders of the European-based CLINTEL, and the Schiller Institute, titled, “A Wake Up Call: The Danger for Mankind Is Not the Climate, but Toleration of a Devious Policy that Uses Climate to Destroy Us!” As co-author Helga Zepp LaRouche, Schiller Institute President, stressed yesterday, we want people to endorse, confer and initiate action, in order to get nations to cooperate on dealing with the current, acute emergencies.The multiple crises we face, from the economic breakdown to the death toll and dangers from geopolitics, require collaboration among peoples and nations on solutions; in particular, on ending toleration of “climate emergency,” green destruction. On Oct. 6, the call for this went out as a joint statement from the respective leaders of the European-based CLINTEL, and the Schiller Institute, titled, “A Wake Up Call: The Danger for Mankind Is Not the Climate, but Toleration of a Devious Policy that Uses Climate to Destroy Us!” As co-author Helga Zepp LaRouche, Schiller Institute President, stressed yesterday, we want people to endorse, confer and initiate action, in order to get nations to cooperate on dealing with the current, acute emergencies.
President Vladimir Putin, speaking at a meeting of the annual meeting of the Valdai Club in Sochi on Oct. 21, presented a stark picture of the strategic and cultural degeneracy of the Western nations, while pointing to the opportunity which must not be missed, for mankind to come together behind the most fundamental value that unites mankind—life itself. While this may sound simplistic, it is a fact that the most powerful interests in the Western world, centered around the “Green Finance” fanatics on Wall Street and in the City of London, are hell-bent on a Malthusian assault on the population of the world, advanced and developing sector nations alike. The COP26 UN Climate Change Conference, scheduled for Glasgow from Oct. 31-Nov. 12, under the theme “The Climate Has No Borders,” is intended to be the culmination of the 30-year process by the British Royal Family and the billionaires club known as the World Economic Forum to impose on every nation on Earth their genocidal “decarbonization” dictates, destroying the energy and infrastructure needed for the support of the human race, driving the world back to a pre-industrial time in history, which could sustain fewer than 1 billion people, as it did then.Fortunately for humanity, a growing number of nations and national leaders are announcing that they intend to have nothing to do with the green fascist Halloween Party in Scotland. One after another, nations are announcing that they will not only refuse to pledge an end to fossil fuels, but on the contrary will expand their mining of coal and oil to generate the energy they need to support their populations. Even Joe Biden and his crazy Climate Czar John Kerry, are running up against reality, as the destructive impact of the Green New Deal has already driven a massive inflationary spiral, not only in energy, but in nearly every commodity, a spiral which threatens to explode into a hyperinflationary destruction of currencies and a collapse of the global productive process. Biden’s Democratic Party is unable to convince even its own members of Congress to pass the Green New Deal dictates to stop fossil fuels and impose a carbon tax. Biden is crying that he will be going to Glasgow empty-handed. Putin, in his Valdai Club speech, reflected The LaRouche Organization mobilization of an international anti-Malthusian resistance against this insanity. He defended the existence of the nation-state against globalization and the “regime change” wars of the past decades: “Only sovereign states can effectively respond to the challenges of the times and the demands of the citizens. Accordingly, any effective international order should take into account the interests and capabilities of the state and proceed on that basis, and not try to prove that they should not exist. Furthermore, it is impossible to impose anything on anyone, be it the principles underlying the sociopolitical structure or values that someone, for their own reasons, has called universal. After all, it is clear that when a real crisis strikes, there is only one universal value left, and that is human life, which each state decides for itself how best to protect based on its abilities, culture and traditions…. The trick is that of course there is a lot of diversity and every nation around the world is different. Still, something unites all people. After all, we are all people, and we all want to live. Life is of absolute value.” He noted, as Lyndon LaRouche also did many times over the years, that the financial oligarchs that believed they had won the Cold War, “thought they had climbed Mount Olympus,” but “soon discovered that the ground was falling away underneath even there…. The socio-economic problems facing humankind have worsened to the point where, in the past, they would trigger worldwide shocks, such as world wars or bloody social cataclysms. Everyone is saying that the current model of capitalism which underlies the social structure in the overwhelming majority of countries, has run its course and no longer offers a solution to a host of increasingly tangled differences…. Today, we are facing systemic changes in all directions.” He warned the Western nations against the “woke” hysteria, “when great authors of the past—such as Shakespeare—are no longer taught in schools and universities…. The classics are considered backward for their failure to understand the importance of the questions of race and gender. Countering manifestations of racism is a necessary and noble thing, but in the new cancel culture it is being turned into reverse discrimination, that is, racism in reverse. The obsessive emphasis on the theme of race further divides people…. Not to mention the simply monstrous things, such as when children today from a young age are taught that a boy can easily become a girl and vice-versa, factually imposing on them an alleged choice, removing the parents from this process and forcing a child to make a decision that could break his/her life.” Yet the Western elite can think of nothing but global war. NATO chief Jens Stoltenberg, speaking at a NATO Defense Ministers meeting on Oct. 21, announced a “new overarching plan to defend our Alliance in crisis and conflict,” because, he asserted, “the whole global balance of power is shifting because of the rise of China.” In Washington, the Biden Administration has appointed Nicholas Burns—a leading Anglo-American war hawk who as U.S. Ambassador to NATO led the West into the wars in Afghanistan and Iraq—to be the new U.S. Ambassador to China. In his confirmation hearing in the Senate Oct. 20, he retailed all the lies thrown at China, even the absurd claim of “genocide” in Xinjiang, and the laughable assertion that China has “very few friends.” Naming this man as Ambassador to China gives the lie to President Biden’s claim in a Thursday night Town Meeting on CNN that “I don’t want a Cold War with China.” Equally dangerous, the White House released a “Roadmap To Build an Economy Resilient to Climate Change Impacts” on Oct. 15. The document declares an “all of government” offensive to enforce green fascist policies, including that the $12 trillion in retirement savings and pensions across the country will henceforth be “protected” from “financial climate risk”—by enforcing investment managers to divest from fossil fuels and divert these trillions into the green bubble in wasteful and undependable windmills and solar panels. Most outrageous is the claim that the current breakdown in supply chains was not created by the enforced shortages in fossil fuels and the inflation spiral,, but by climate change! “This year alone,” it reads, “extreme weather has upended the U.S. economy…. Both international and domestic supply chains have been disrupted by climate change.” The Schiller Institute will counter this lunacy in an international conference on Nov. 13-14. Focused on bringing Russia, China, the United States and others together to lead the necessary effort to build a new international financial and credit system, the four panels will address: Can a Strategic Crisis Between the Major Powers Be Avoided?; The Science of Physical Economy; There Are No Limits to Growth in the Universe; and The Beauty of True Human Culture. Register today, at the Schiller Institute!
The Glasgow COP26 Summit, starting Halloween, is in more and more trouble to bring off its zombie jamboree for green death. Good news. But the unravelling of the financial and physical economy is so fast and bad, we face the question: What do we humans think and do? How do we meet emergency needs anywhere, and re-create nations and economies? Take the LaRouche, American System approach. Marcia Merry Baker, of the EIR Editorial Board, was on tonight's discussion.
Friday Questions -- Given that there is no "Climate Emergency", can we collaborate to take power away from the predatory oligarchs, who are using "climate" to destroy civilization? Why aren't more people speaking out against inflation? Is inflation caused by supply-and-demand distortions, like the "Bullwhip Effect?" Why didn't President Trump take down the Federal Reserve?
Vladimir Putin has been outspoken about the idiocy inherent in the "climate change" policies being pushed for the upcoming COP26 summit, which he will not attend. Not surprisingly, Christopher Steele, who fabricated the dossier at the heart of Russiagate, re-emerged on ABC-News, regurgitating his discredited dossier, which falsely implicated Putin and Donald Trump in collusion to rig the 2016 election. Also not surprisingly, the same war hawks who embraced Steele's lies, have delivered emotional eulogies praising Colin Powell, who used a lying dossier -- compiled in part by Steele's former boss, MI6 head Sir Richard Dearlove -- in a speech he delivered to the U.N. in 2003, which was credited with rallying support for the invasion of Iraq.
“All Moral Resources of Humanity Have To Be Called Up: Mankind Must Be the Immortal Species!” Following the dismantling of the Bretton Woods system by President Richard Nixon on August 15, 1971, Lyndon LaRouche, the late statesman and economist, warned that continuing on the path of the same such monetarist policies would inevitably lead to the danger of a new depression, new fascism, and a new world war—which this time would be thermonuclear—unless a just new world economic order was constituted.Now, fifty years later, we are exactly at the point that LaRouche’s prescient forecast had warned against. The signs of the hyperinflationary blowout of the financial system are evident in the explosion of energy and food prices, and even leading officials, such as Raphael Bostic, president of the Federal Reserve Bank of Atlanta, have stated, as recently as October 12, that the inflation is not “temporary,” as they had once claimed. The financial oligarchy, being aware that their speculative system is finished, is trying, with one last gigantic effort, to prolong the mad casino game for yet another round, under the ruse of the “Great Reset.” The oligarchy hopes to create another last bubble by “Shifting the Trillions” into green technologies, which means turning the clock back to the development level that existed before the industrial revolution. With the level of energy flux densities mandated for a decarbonized economy, the population density would also drop precipitously to those pre-industrial levels—which is what they in fact desire. The form is different; the content is the same: It is the fascist policy of Hjalmar Schacht. It is from that deranged point of view that those (primarily Asian) countries which are rising are dubbed “rivals,” “adversaries,” and “enemies.” And that is where the danger of a new world war arises. Fortunately, the alternative of a just new world economic order is already developing. China’s BRI (Belt and Road Initiative) has become the rallying point for some 150 nations, all determined to follow the Chinese model of overcoming poverty and underdevelopment with the help of scientific and technological progress. This policy is very much in cohesion with the vision of Lyndon LaRouche and his movement, which he initiated in the 1970s, working out concrete development plans for Africa, Latin America, Asia, and the United States. These development plans have been put forward and published by the Schiller Institute beginning in 1991, first in the form of the Eurasian Land-Bridge, and then in 2014 with the report of “The New Silk Road Becomes the World Land-bridge.” It is more urgent than ever to put politics back on the basis of natural science and classical culture. The basis for a new paradigm in international relations will be created, if it is based on a dialogue of the best cultural traditions of mankind. These subjects will be discussed in four panels. Panel One: Saturday, November 13, 10 a.m. EST “Can a Strategic Crisis Between the Major Powers Be Avoided?” This panel will address: • The U.S.-China conflict, AUKUS, Taiwan; • U.S.-Russia relations; • LaRouche’s “Four Powers” conception (U.S.-China-Russia-India); and • A new paradigm in international relations. Panel Two: Saturday, November 13, 2 p.m. EST “The Science of Physical Economy” This panel will address: • The motives behind the Great Reset; • Hjalmar Schacht today; • Afghanistan and Haiti as game-changers; • The global role of London’s “Dope, Inc.;” and • The need for a World Health System. Panel Three: Sunday, November 14, 10 a.m. EST “There Are No Limits to Growth in the Universe” This panel will address: • The science involved in climate change; • The revolution unleashed with a fusion based economy; and • Mankind is becoming adult: In space! Panel Four: Sunday, November 14, 2 pm EST “The Beauty of True Human Culture” This panel will address: • What is more destructive? The squid game or drugs? • Drug legalization and the New Opium War; • Why China is winning the “system competition” with the “West;” • Aesthetic education; and • Dialogue of classical cultures.
Kremlin spokesman Dmitry Peskov announced today that Russian President Vladimir Putin would not be traveling to Glasgow to participate in the COP26 international climate change conference. Peskov would not even confirm that Putin would speak remotely, by videoconference connection, when asked by the press. He only offered: “The Russian side will be [represented at the conference], of course, we are in contact with the organizers, which is why we will tell how it will be [organized] later…. We should understand the format, in which it will be possible to speak at the videoconference, at which moment and so on. There are many factors here that we have to discuss with the organizers.”Reuters headlined its account: “Russia Says Putin Won’t Fly to Glasgow, in Blow for Climate Talks,” and commented ruefully: “The no-show by the leader of the world’s fourth-biggest emitter of greenhouse gases is the latest setback, with Chinese President Xi Jinping and Indian Prime Minister Narendra Modi also uncertain to attend.” But it gets worse for the Green New Deal Malthusian gang. NPR reported (to their chagrin) that the same governments that have made “lofty commitments” to reduce greenhouse gas emissions, “are still planning to extract huge amounts of energy from fossil fuels,” according to a new report from the United Nations. The report published Oct. 20 details how the largest fossil fuel producers plan to carry on using coal, gas, and oil. According to this report, it will more than double the amount of fuels in 2030. Nor do they have the U.S. in their pocket. Although President Biden is bending over backwards to “show the flag” as an “environmental warrior” at Glasgow, he is being stymied by the steadfast resistance to his attempt to abandon coal by two Democratic senators, West Virginia’s Joe Manchin and now Montana’s Jon Tester, both of whom are opposing Biden’s tax on carbon dioxide and methane emissions. “I’m not a big fan of the carbon tax. I just don’t think it works the way it was explained to me,” Tester said.
Fireside Chat with Dennis Small and Dennis Speed, host Thursday, October 14, 2021 DENNIS SPEED: Welcome to tonight’s Fireside Chat with Lyndon LaRouche, of The LaRouche Organization. We are involved, as I think people know, in a day of action today; this is worldwide. Our focus was specifically around Afghanistan and the releasing of the funds of the approximately $8-9 billion being withheld from the government of Afghanistan by primarily the Treasury Department of the United States, as well as the IMF and World Bank, and other related institutions in Europe. We have reason to believe that the State Department today has reiterated its policy to not release those funds. But we’ll hear more about that and other such matters when we get into our briefing. I’ll also just indicate that for those of you who might have been involved in that day of action today, I would ask you to get in the queue when we get to that part of the presentation to give us whatever report or reflections you have on what happened today.What we are going to do is go right to Dennis Small with a little preface from me. What’s been happening for the past week is that there’s a kind of comeuppance that reality is becoming to bonk the trans-Atlantic world with. It’s come out in various forms, for example, the Prime Minister of China made it clear that at this point, China is not intending to try to abide by the dictates—although they’re fantastic dictates—of this sort of Green New Deal mafia globally. They’re not going to try to fulfill the coal reduction requirements, CO₂ emissions reduction requirements related to coal. President Vladimir Putin is wondering whether he’s going to attend, I don’t think that means that we know the Russians are planning to not participate. But we also know that from the nation of India, which is the second-largest consumer of coal in the world, they have been clear for months that they have serious questions about the entire conception of the COP26 Glasgow, Scotland set of initiatives, if you want to call them that. Meanwhile, the royals and others are making statements which are almost Romanov-like in their detachment from reality, with Prince William talking today about how people should not be going into space, but there should be an Earth shot, not a Moon shot; trying to talk about how wonderful his father was, and how prescient he was—Prince Charles, that is; the weird and wacky Prince Charles. So, there’s a kind of comeuppance with reality. Some people in Britain noted that the British response to COVID, in which they had attempted to talk about herd immunity, was—they didn’t use the word “inhuman,” they simply said it was grossly wrong, and the talked about how the approaches coming out of China or what they called Asia and Southwest Asia were far superior to what happened out of the trans-Atlantic world. But with that said, it doesn’t mean that reality is going to prevail. You have a Malthusian outlook, and that Malthusian outlook is not merely toward other nations, it’s also something that has infected the trans-Atlantic world itself; the United States and various countries in Europe. Therefore, there’s a kind of detachment that is self-destructive and even suicidal. In order for that to be turned around, something new has to appear on the horizon. Now, that something new is something that has actually been written about by this organization and acted upon by this organization for well over 45 years. Sometimes that comes through candidacies, and I’ll note that 45 years ago, there was an election in 1976, and at that time we were running a third party—the U.S. Labor Party. We had candidates for Congress and Senate in Massachusetts, New York, New Jersey, Washington, Michigan, all over the country, wherever we were. We were doing that in tandem with Lyndon LaRouche. This was not a campaign for votes, this was a campaign to put forward what we called the International Development Bank. It was an idea of a complete alternative to what the institutions of the World Bank and International Monetary Fund were putting forward. And similar to the situation we see right now with Afghanistan and what is being asserted as what should be trans-Atlantic policy, that madness has to be directly opposed by a force which is vigorous, insightful, insouciant, irreverent, and happy about its role. There will be some other things we’ll reference; there was a statement that came out from the Schiller Institute which we’ll probably refer to during the course of things which exemplifies that, co-written by Guus Berkhout of the Netherlands, the initiator and cofounder of what’s called CLINTEL, or Climate Intelligence Group, and Helga Zepp-LaRouche, the founder and head of the Schiller Institute. So, there’s a lot going on. We want to get right into what that is. We’re going to begin with Dennis Small giving us a briefing, an international perspective. Then we’ll go into some reports and reflections on what has happened today. DENNIS SMALL: The topic that I want to address, because I think it goes to the heart of the explanation of the cause behind the other things happening in different areas, is the hyperinflation and depression which is now exploding around the planet. To look at its cause, and of course, its cure. I’m doing to do this by describing a couple of key situations. I’m sure you’ve all heard the reports in the press of how what really causes inflation is supply or demand effects. If the supply drops, or the demand increases, that supposedly will cause prices to increase, and so on and so forth. You can read about this in all the textbooks on economics. You can go to Harvard authors, and they’ll basically tell you that there are two kinds of inflation. There’s cost-push inflation, there’s demand-pull inflation; all of which is a bunch of poppycock. It’s simply absolutely not true. The situation we’re facing is a lot more stark than that. If you were to wake up tomorrow morning, or Monday morning of next week, and find that you could not get any money out of the ATM machine. And that when you thought that it was just a broken ATM machine on the corner, and you went to the bank, the doors of the bank were closed. And you went to another bank, and there policemen in front of it, and crowds gathering. When you went to the drugstore to buy your medicine you need for your urgent cardiac condition or high blood pressure medicine or what have you, the pharmacy is not open, or it has supplies which are being rationed out in tiny doses. Would that sort of a situation concern you? You may think that I’m exaggerating and that this is just sort of a hyperbolic situation, an exaggeration of what’s going on. But it is not, because this is exactly the barrel that we’re staring down at this moment. I think that after I finish reviewing a few situations, a half-dozen situations internationally, I think you will realize that this evaluation—which is Lyndon LaRouche’s evaluation as to the systemic nature of this crisis—is actually far more accurate than anything anyone else is saying, and that therefore it points us in the direction of a solution. If you look at 2021, and look at what’s been happening with certain prices, which are always explained away in the media as the result of supply and demand, the price of cotton has risen 47% over the course of this year. Is that because there has been a 50% increase in the demand for cotton? That many more people want shirts? Or, you have to get cotton for other purposes? The index price of fertilizers has risen to the point that it is double what it was one year ago; a 100% increase. Is that because all of a sudden nobody is producing any fertilizer, and therefore, the supply dropped and the price doubled in a year? Let’s look at the energy situation in the United States and in Europe. The cost of oil in the United States since the beginning of 2021 is 65% higher than it was. The price for Brent crude is about $83 now; the highest in years. But that’s only a 65% increase. The cost of natural gas in the United States has risen 112% this year. So, we’re talking about an increase of these basic energy inputs—oil and natural gas—of 1.5 to 2 times over the course of less than a year. Is that because OPEC stopped producing oil all of a sudden? That the 1% drop in oil production—I’m just making that number up, but it doesn’t make much difference. That that 1% drop in the supply of oil has led to a doubling of its price, a 100% increase of its price? We are told that we are rebounding so rapidly from the COVID pandemic and that production is just whizzing along in many parts of the world, and therefore, the cost of electricity has doubled? Do they really think we’re that foolish? Maybe they do. In Europe, the cost of a megawatt-hour of electricity—I’m switching units here, because these are just the sample numbers that we have, but I think you’ll get the idea. The cost of a megawatt-hour of electricity on average in Europe in December of last year was 43 euros. In March of this year, it had more than doubled to 100 euros; and as of today, October 2021, the average cost of a megawatt-hour of electricity in Europe is 389 euros. It has risen from 43 to 389 euros in less than a year; that’s a ten-fold increase. Has there been a ten-fold increase in the demand for electricity? Has there been a ten-fold collapse of the supply line of electricity? One starts to wonder, maybe this doesn’t have anything to do with supply and demand and other fairy tales. Citibank has issued a projection of where things are going to stand by the end of this year, in terms of the situation in Europe. They’re saying that the cost of millions of BTUs [British thermal units] will rise to a level of anywhere from $30-100 per million BTUs. I apologize for the switching around of units, but Citibank itself does a conversion of this. They say if $100 per 1 million BTUs is hit, that’s the equivalent of a barrel of oil costing $580 per barrel. It’s now breaking the roof at $83. This is a projection for what could be happening by the end of this year. Break it down into specific situations. Italy: the cost of people’s electricity bills is going to be increasing by as much as 900% by Christmas time, according to Italian accounts. Is that because people are going to be consuming 900% more electricity? Give me a break! In Spain, the megawatt-hour of electricity rose from 40 euros in 2020, to 200 euros now; a five-fold increase. India, which uses a large amount of coal, as Dennis was just reporting a moment ago, imports a large amount of their coal from Indonesia. The cost of a ton of coal imported from Indonesia has risen from $86 per ton in April of 2021—this year—until today it has gone from $86 per ton to $162 per ton. It has doubled in six months. Half of the coal plants in India have less than a 2-day supply of coal on hand. They may run out and stop producing electricity. In Lebanon, this is already happening. It’s lights out in Lebanon. The two major government electricity companies, which produce the majority of the electricity in the country, have been forced to shut down. The drop in electricity supplies has been so drastic that they are estimating that there is an immediate danger to the actual engineering integrity of the grid itself. This has everything to do with the IMF policies and banking policies imposed upon them. You might be beginning to get the idea that none of this is explained by all the reasons which are provided. It so happens that the cost of energy is not determined by supply and demand; not cost-push inflation or demand-pull inflation. The cost of energy is determined on the Amsterdam spot market; it’s a speculative spot market. When speculators jumped into it, and started speculating on the future price that they will be able to sell their barrel of oil, or their kilowatt of electricity, or what-have-you, then you know damn well that people are going to withhold the supply that they may have on hand, because they know that the price is going up, according to the speculative markets. So, if you have a speculative market which is fed by countless trillions and a quadrillion and some of dollars, this is going to drive the price of everything up as this speculative feeding frenzy goes ahead. Which is why you have a situation across all areas where you have these massive increases in prices. It has nothing to do with supply and demand, or rebounding from the pandemic—which isn’t happening—going on anywhere. That’s energy; one major sector. Let’s look at another major sector which affects everything everywhere else in the economy, as happens with energy. Let’s take the case of cargo; shipping things around the world. The basic unit for shipping is a container, which is known as a TEU, a 20-foot equivalent unit. The cost per TEU of shipping from the United States to China each one of these units, was about $2000 one year ago. Today, if you can find one of these things, the cost is $20,000. It’s a ten-fold increase in one year. Because there’s all of a sudden a shortage of TEUs? The cost of shipping from Chile in South America to the United States, the TEU unit to ship which was $1500 a year ago, is now $18,000; a 12-fold increase. Chips; 90% of the world’s supply of electronic chips—not potato chips, electronic chips—are produced by one company in Taiwan. There are reports in the technical media dealing with the chip industry, that there is documentation that substantially more supplies of chips are being shipped to companies than are being released in the products of those companies. More in than out. What does that tell you? People are hoarding. Why would hoarding be going on? Because there is speculation on the price of chips. An engineer colleague of ours in Mexico reported on a recent organizing phone call just like this one that we had with supporters of our movement in Mexico, he’s an expert in the field of plastics and petrochemical plastics. He was ashen-faced, reporting that the cost of PVC tubing has gone up from 28 pesos just a few months ago to 60 pesos; more than a doubling. He said the cost of aluminum is four-fold more than it was before. But it can’t be bought; there is no aluminum to be had, there is no steel to be had. The cost of shipping cargo from China to Mexico or back? Two times what it was; they can’t even import stuff from China for that reason. And, you may be interested to know that there is a spot market on cargo, just as there is on energy. It’s not a question of going to the corner or going to the 7-11 and saying I need 6000 TEUs. No, it’s bid on, on a speculative market, and there are three major shipping companies around the world that have the corner on this market. And it works exactly the way all raw materials markets work, which is not supply and demand, it’s a speculative spot market, a forward market. So, let’s say you have in your possession, or you have bid to have delivery in your possession 10,000 TEUs. There’s no way in the world you’re going to rent those out at a mere $20,000 today, when you have every reason to believe that three months down the line you can make a killing at $30,000. So, you’re going to withhold that from the market. So, you have an in-built speculative process going on here. This isn’t the cause of the crisis, because what’s happening is not price inflation. What I just described to you isn’t what’s going on. What’s going on is that there is a massive shock devaluation of the value and the worth of the U.S. dollar. That’s why, the dollar being the unit of measure internationally other than the places that have been driven out of it like China, or increasingly Russia or other countries—Iran and so forth. But with the dollar being the international reserve currency, when the dollar no longer can buy what it did before, this takes the form of drastic increases in prices—a two-fold increase, a four-fold increase, a ten-fold increase. What’s happening is, the dollar is being turned into the used toilet paper it has, in fact, been increasingly for the past 30-40 years; exactly as Lyndon LaRouche described. That’s why it’s very possible we will all wake up one morning, very possibly during the fourth quarter of this year, and find that you can’t buy anything for love or money; especially not money. Love might work, but the dollar is not going to be worth anything. You cannot find anything to buy. You will get runs on banks; you will get runs on ATMs. Paper money will disappear. It will go up in smoke. The $1.8 quadrillion in speculative assets will go up in smoke in the form of the equivalent of a financial nuclear chain reaction. A nuclear chain reaction does not go like dominoes falling down, one knocking the next, knocking the next, and so on. That’s not how it works. One blows out two; two blows out four; four blows out sixteen; etc., etc. It’s a chain reaction, and that’s what we are seeing signs of going on in the world today. The cause of this is not the speculation per se; the cause of this is systemic. The cause of this is explained by Lyndon LaRouche’s Triple Curve function, which I’m going to—of necessity—assume most of you are familiar with, since we don’t have a screen to show it on, or for you to look at. If you don’t know what is, look it up: LaRouche’s Triple Curve, or his typical collapse function, which describes the process of what happens in an economy as an inter-linked single function which includes on the one hand, monetary and financial aggregates and their rate of growth, which are increasing hyperbolically as we’ve seen. As against a physical economic process of the actual physical economic requirements of a society which is plunging. LaRouche repeatedly explained that the Triple Curve—he didn’t call it the Three Curves—it is a single function. It is a single, inter-related function which is not arithmetic, it’s not geometric, it’s not hyperbolic, because the physical economic process is a non-linear process either of growth—where you have technological leaps; where you have discontinuities because of advances in technology. Or, in the alternative, in a collapse it is also non-linear. That’s why, when you see a collapse beginning, like we’re seeing today, this is not a gradual slide. It happens by a ratchet-type plunge. And people look around and say, “Where the Hell did this come from?” The answer is, "If you’d been listening to Lyndon LaRouche, you wouldn’t be asking that question, because he warned of exactly this process that we’re now seeing and is underway. It is the systemic collapse that’s going on. On top of that, you have two other processes that are directly related to the systemic collapse and are pushing it in the direction of a complete collapse. But it’s because we have this systemic breakdown going on that these things have the effect they do. One is the Green Reset policy, which is inducing a situation of forced cutbacks in energy and industry, and everything that’s required to keep a society going. So, this is exacerbating the physical economic collapse at an accelerating rate. The other related process is the one of speculation which we were just describing, where you’ve got $1.7 or $1.8 quadrillion chasing around the world speculating. Therefore, it’s having the kind of effect that we’re seeing here today. Mark Carney, who is in favor of the Green Reset, has stated very clearly yet again earlier this week that the policy is straightforward. We have to change what he calls “the plumbing” of the international finance system to make sure that the plumbing takes the funds and the resources into a Green speculative bubble of $150 trillion—those are his numbers. And that makes sure as well, that plumbing does, that nothing goes to actual productive activity. That’s the policy, and the Federal Reserve is in the process of making a major policy shift as well, adapting to this hyperinflationary blow-out going on with a depression collapse. There’s no way they can adjust anything that’s going to actually function in any event. I want to conclude by reading a paragraph or two from Lyndon LaRouche from remarks he made on October 22, 2001. This is 20 years ago. I meant it when I said that people wouldn’t be asking silly questions if they’d been listening to LaRouche for the last 20 years. Almost exactly 20 years ago, LaRouche said the following: “The reason that I’ve been so successful in forecasting, is because I think systemically. Therefore, I understand how a systemic collapse unfolds, as opposed to a stock market prediction, which is what every idiot likes to talk about. I make forecasts, not predictions. Forecasts which are based on the systemic characteristics and the boundary conditions within which the system operates. That’s why I have always been right, and every one of my critics, whether inside the organization or outside—has always been wrong.” Then he turns to explain very succinctly 20 years ago, what’s going on: “So, you have a situation globally in the United States and outside, in which the total amount of debt service being extracted from the economies is increasing cancerously, and the debt service payment requirement accordingly. This is collapsing the actual productive power of nations and their populations precisely at the time that the amount of debt to be paid is increasing. So, there’s no possible way that the present international monetary financial system could be continued without collapsing civilization into a generalized and prolonged New Dark Age, out of which most nations will disappear and the human population will drop rapidly during the course of this century to below 1 billion. And the first drop-down will tend to be a big one. “So therefore, we’re in a situation in which anybody who doesn’t support my proposals on bankruptcy reorganization of the international monetary and financial system, does not support the measures which I’ve proposed for this purpose, has to be an idiot.” The good news, of course, is that the solutions are at hand, once this causal systemic process is recognized. Lyndon LaRouche’s solutions, which we can discuss in the period that follows, are readily available and can be implemented. In fact, the Russians, the Chinese, and others are already on board. We are in a situation where—well, I was going to say, “We can turn on a dime.” We’re not going to be able to turn on a dime; we’ll have to turn on a dollar, because of the deflation of the dollar’s value. But the change can be made, and it can be made quickly. And that’s precisely what we’re intent on bringing about.
By Harley Schlanger [This is an edited transcript of a presentation by LaRouche spokesman Harley Schlanger at The LaRouche Organization's Manhattan Project event, on October 9, 2021.] HARLEY SCHLANGER: We are in the midst of a dizzying array of events, which is enough to make the heads of even sober people spin. We have a systemic breakdown, there’s no other way to look at it. You can try to look at different sectors and what’s happening here and there, but if you take it in its totality...we’re in what Lyndon LaRouche described as a systemic breakdown. On the economy, there is inflation, energy shortages, supply chain breakdowns. Secondly, we have the accelerating collapse of infrastructure. Energy is one area, and this is not just collapsing, it’s being deliberately collapsed as part of the Green New Deal. The idea that the climate is changing for the worse, because we are trying to produce enough electricity to take care of 8 billion people on the planet, is crazy. Roads need repair, bridges are collapsing. The public health sector has been badly damaged through underfunding and privatization, as became clear with the COVID pandemic -- we didn’t have adequate healthcare capabilities to take care of the people. It’s all breaking down. Then you have on top of that, the war danger. Just one example: The Wall Street Journal had a report in the last couple of days that the United States has sent about two dozen special forces to train military layers in Taiwan. This was reported right after Joe Biden and Xi Jinping had a conversation in which Biden re-affirmed the traditional policy of the U.S. toward Taiwan, which is that there is one China, and Taiwan is a part of that. Well, why are we putting military people in Taiwan if we recognize that’s part of China? Suppose we heard that the Chinese People’s Liberation Army was training units in Texas, or in Washington state? So, one day Biden re-affirms the One China policy, and then we hear that we’re actually preparing a regime change with military forces there. And of course, the Chinese are rightfully concerned, and pointing out that this is, in a sense, an invasion. Add to this the AUKUS pact -- the just-announced Australia-United Kingdom-U.S. military pact, Asian NATO, the pivot to Asia. All of this is a pre-war targeting of China, based on the idea that somehow we can contain the second largest economy and the largest population center on the Earth through deploying military forces in the Pacific. Demanding Poverty For The Planet What has also been exposed is a moral and intellectual problem—depraved indifference. The United States is conducting policies that are killing children in Syria, in Yemen. The World Food Program is reporting that 4 million Afghan children could starve to death this winter. Where is the outcry about this? Why are we not moving to rally forces and move goods that are necessary to protect people? Not to mention Haiti, which is not too far from the United States, where we’re turning our back on that country, which has been devastated by natural disasters and outside interference. Then you have the spectacle of the U.S. Congress pretending to deal with problems, and I won’t even get into that.... And then finally, we have massive disinformation. We have lying narratives which are flooding our print and visual media, and outright censorship. We now hear that Google is moving to limit what can be said on its platforms about climate change. Soon, they will be censoring anyone who argues that the science behind [man-made] climate change is a fraud. All of this this is a prelude to the next phase of the destruction of the Western economies, which is announced in a book by Klaus Schwab, the director of the World Economic Forum, the Davos group. The book is Stakeholder Capitalism; A Global Economy That Works for Progress, People, and Planet.
For a decade after the 2008 global financial crash, the major central banks wrung their hands that they could not "stimulate inflation" anywhere near 2%. Now since their "regime change" decision at the August 2019 Jackson Hole, Wyoming bankers' conference, they have shocked even themselves by setting loose an inflationary storm which has, as it has blown across the world, dramatically increased inequality, unemployment and poverty in the developing countries. London and Wall Street have blamed this on the COVID pandemic to try to motivate a "Great Reset," the so-called Green New Deal. But they have caused it, since the September 2019 "repo crisis," by taking the vast oceans of new electronic reserves the central banks have created for them and turning them into pure speculation. If an accounting published today by the Visual Capitalist blog, based on bank statistics (https://www.visualcapitalist.com/distribution-of-global-wealth-chart/), is accurate, it is a veritable picture of central bank hyperinflation. It finds that total, worldwide household wealth fell during 2020, but by mid-2021 it was 7.5% {higher} than mid-2019, at about $420 trillion total, or up about $30 trillion from 2019. That $30 trillion is right in the ballpark of the estimated total "QE," the money-printing by major central banks in the trans-Atlantic region, Japan, Korea, and the large-scale new government borrowing for "COVID relief" by the United States Treasury. $22 trillion of that $30 trillion newly-printed wealth is in North American and European households—if you can call trusts and tax shelters "households"—the rest in China and Asia. In India household wealth in the same period {fell} by $600 billion; in South America by $1.2 trillion. A full 45% of that global "household" wealth is now owned by the 1.1% of wealthiest "households." The "wealth" grew where the central banks created massive new reserves and the big banks converted them into speculative loans, not elsewhere. That concentrated wealth is the effect of a hyperinflationary central bank money-printing policy; but it would not be setting off storms of inflation without the simultaneous absence of productive investment, new productive employment, in the "advanced" economies, and indeed the {destruction} of economic productivity by "the great leap backward," the Green New Deal. {EIR}'s warning report of February 2021, called {The Great Leap Backward}, fully described what has happened since. {EIR}'s has warned since mid-2020 about the return of "Schachtian" fascist economics, which combines massive money issuance with technological regression and cannibalization of labor. The warnings were based on those of Lyndon LaRouche 50 years ago. In fact, we should think of "the Great Inflation" of the 1970s, as LaRouche alone described it {in August 1971}. Then the highly productive economic relationships of the Bretton Woods monetary system were destroyed by Nixon's forced blunder removing the dollar from its gold reserve, and were replaced by massive international speculation. The eurodollars and petrodollars of that new global debt speculation were created by the City of London banks themselves, then joined by Wall Street! And the printing of these dollars of international debt was arranged to be backed by the revenues of oil producers—as if magically, there followed hyperinflation of oil and other fossil fuel prices. LaRouche explained years later, "Now, that meant that the dollar was now in jeopardy. Then, you had the oil crisis of the 1970s. Now, there was no shortage of oil, except an artificial one. Every tanker in the world was sitting off the U.S. coast ready to deliver oil, and couldn't get it delivered.... "Before that event, the spot market, based in Amsterdam, had been a very minor part of the world petroleum marketing. Now, suddenly, the British—who are the key factors in this thing—made a new arrangement with the King of Saudi Arabia. And the organization, which is called today the BAE, was set up as a Saudi-British secret intelligence-military operation. So... there was out of this, an agreement under which the Saudis did a corrupt operation with the British intelligence services, using the spot market. So vast amounts of unrecorded money and profits were deposited to the British BAE and related services.... "The effect of this was to make the dollar, which was still being used, no longer really a U.S. dollar internationally. It became an Anglo-American dollar, a 'petrodollar.'" That explanation was given to an audience in Rome in July 2008. A year earlier LaRouche had already told an international webcast on July 25, 2007, that the collapse of the post-Bretton Woods financial system could not be stopped or postponed; it was imminent—as became obvious to all in September 2008.
While the mainstream media is focused on censoring real news, and increasing polarization around hot-button issues, there are significant strategic developments occurring: ---Meetings of Afghanistan's neighbors to help build an economy, to prevent a dissolution into civil war, starvation and drug production; ---China's development of a hypersonic, low-orbit glide vehicle, which caught western intelligence by surprise; ---a new report on how wild liquidity pumping by central banks is behind accelerating inflation, and how it benefits 1.1% of the population; ---Putin blaming Europe's leaders for causing energy shortages and soaring prices, on the eve of the next climate "summit", COP26.
All the symptoms of a systemic economic breakdown -- shortages, inflationary prices, the failure of institutions to address the explicit dangers, while pushing for a global central banker's Green dictatorship -- are signs of the WEAKNESS of the Davos billionaires who think they are the Kings of the Universe. In their frantic pursuit of their utopia, with its drastic reduction of human population, they have planted the seeds of their own defeat. What's needed to defeat them is a strategy. Join with the Schiller Institute to rally the millions of those suffering from the policies of the establishment, to put them out of business!
Oct. 19, 2021 (EIRNS)—A new study published in Nature Scientific Reports by researchers, led by Henrik Svensmark and Nir Shaviv, at the Danish National Space Institute at the Technical University of Denmark (DTU) and The Hebrew University of Jerusalem, suggests that changes in the Sun’s magnetic field strengthen or weaken the effects of cosmic rays, causing an increase or decrease in cloud formation, sufficiently affecting the Earth’s energy budget to affect the climate.Their conclusions put into question all of the IPCC’s contrary assumptions. The IPCC estimated only an average of 0.01 Watts/m^2 between 1750 and 2019, from which they conclude that “the effect of galactic cosmic rays (GCR) on CCN (cloud condensation nuclei) is too weak to have any detectable effect on climate and no robust association was found between GCR and cloudiness. … There is high confidence that GCRs contribute a negligible ERF (effective radiative forcing) over the period 1750 to 2019.” On the other hand, the Svensmark-Shaviv observational data indicate that the Earth absorbs about 1.7 Watts/m^2 additional energy within 4 to 6 days of the cosmic-ray minimum, a result almost two orders of magnitude higher than the IPCC’s! That is much too big a difference to be ignored. This hard data, on top of the resistance by India, China, Russia, and the formerly colonial countries to self-inflicting drastic cuts in cheap, coal-fired electricity production, is not good news for the over-hyped COP26 “climate apocalypse event,” scheduled to start on Hallowe’en.There is high confidence in some quarters, and evidence-based concern in others, that their Bentleys might just turn into pumpkins.
The economic gurus who drove the world into the current disaster are filling the pages of the Western media with wild “explanations” for the current rapidly expanding global inflation. For the most part, they have stopped pretending that it is just a temporary phenomenon, that things will soon return to “normal”—Federal Reserve Bank of Atlanta President Raphael Bostic said this week that the inflation will continue and could increase, and that after weeks of loose talk of “transitory” inflation, now, “Transitory is a dirty word.” Even Larry Summers, the former chief economist at the World Bank and the former Treasury Secretary who oversaw the take down of Glass-Steagall in the 1990s, said this week, “we’re in more danger than we have been during my career of losing control of inflation in the U.S.”But what do these “quackademics” (a term coined by Lyndon LaRouche in 1996) say is the cause of the emerging hyperinflation? They all, without exception, name one or another of the categories which have served them in analyzing the current economic system. The fact that their policies have been such utter failures, and that their predictions of things to come have been universally wrong, is precisely due to the fact that they can not think outside of those systemic categories, when the actual problem lies in the failure of the system itself. Listen to the wise words of Lyndon LaRouche, a full 20 years ago, Oct. 22, 2001, on the art of economic forecasting: “The reason that I’ve been so successful in forecasting … is because I think systemically, as I’ve identified that, repeatedly, rather than the way that people have been miseducated to think in school and so forth and so on. And therefore, I understand how a systemic collapse unfolds, as opposed to a stock-market prediction, which is what every idiot likes to talk about. Idiots say: ‘Why don’t you make a prediction? A statistical prediction.’ I say, I don’t make predictions. I make forecasts, which are based on the systemic characteristics and the boundary conditions within which the system operates. That’s why I have always been right, and every one of my critics—whether inside the organization or outside—has always been wrong! “So, the question is, since the problem is a systemic one, how do you organize, under conditions of systemic crisis? In other words, not how to nail the window back on the house, but, how do you build a house, when the house you’re living in is uninhabitable, and can’t be repaired…. “So you have a situation globally, in the United States and outside, in which the total amount of debt service being extracted from the economies is increasing cancerously, and the debt service payment requirement accordingly. This is collapsing the actual productive power of nations and their populations, precisely at the time that the amount of debt to be paid is increasing. So, there’s no possible way that the present international monetary, financial system could be continued without collapsing civilization into a generalized and prolonged New Dark Age, out of which most nations will disappear, and the human population will drop rapidly during the course of this century to below 1 billion. And the first drop down will tend to be a big one. So therefore, we are in a situation in which anybody who doesn’t support my proposals on bankruptcy reorganization of the international monetary and financial system, does not support the measures which I’ve proposed as required for this purpose, has to be an idiot….” Listen also to the wise program presented by LaRouche, his “Four Laws,” and his call for the “Four Powers”—Russia, China, India and the U.S.—to come together to lead a New Bretton Woods conference, to replace the broken Western monetary system with a new system, with universal Glass-Steagall policies, national banking, and “American System” directed credit into nuclear and fusion power, space exploration, and the building of modern agro-industrial nations in every country on Earth. See “The Coming U.S. Economic Miracle on the New Silk Road.” What is the image of man which is required to make this possible? The British Empire, and its current version of Malthusian depopulation called the Green New Deal, views men and women as polluters, as spoilers of pristine nature, and openly call for the human race to be reduced to the Earth’s “carrying capacity,” which they claim is only 1 or 2 billion. But these views are not even appropriate for animals, let alone human beings. There is not a soul brought into this world who does not have the potential for genius, to contribute to the future of humanity something of the quality of an Einstein or a Beethoven. Here lies the urgent necessity that the genocide now being imposed on Afghaistan, on Haiti, on Syria, on Yemen, and more, must be stopped immediately—not only out of a fundamental moral necessity, but to foster those inherently creative minds to contribute to mankind’s futute, on Earth and in the Universe. Your self-interest lies in that necessity.
On September 9, the White House reported that President Joe Biden and China's President Xi Jinping held a lengthy, substantive phone conversation. The U.S. initiated the call, after months of no contact between the two leaders, a period of time in which tensions escalated significantly, especially around Taiwan and the South China Sea. The White House described the interaction with Xi as a "broad, strategic discussion", and the Chinese said the call ended with a pledge to keep up "in-depth communication between the leaders of China and the U.S." Biden said that he wants no "new Cold War", and he sent National Security Adviser Jake Sullivan to hold a follow-up meeting with China's top diplomat, Yang Jiechi, in Zurich on October 6. Both sides confirmed there is a plan in the works to convene a virtual Biden-Xi summit before the end of the year. Of note was a comment by Biden the day before the Sullivan-Yang meeting, that the U.S. will "abide by the Taiwan agreement", which was interpreted to mean the "One-China policy", which the U.S. has supported since diplomatic relations were restored in 1979. Under this and subsequent agreements, the U.S. acknowledges that Taiwan is part of China, and has had no troops permanently stationed on the island since then.However, the tension has been ramped up, with White House spokeswoman Jen Psaki insisting that Chinese flights into Taiwan's air defense identification zone (ADIZ) -- which have increased dramatically since the beginning of October -- are "provocative military activities", even though they do not violate international law. Secretary of State Blinken called these flights a "provocation and potentially destabilizing", and demanded they "need to stop these actions." Meanwhile, the U.S., the U.K. and France continue to send warships through the Taiwan Strait, as part of a broader containment strategy, which includes open discussion of an "Asian NATO," and the consolidation of an new anti-China security pact, the AUKUS agreement between the U.S., the U.K. and Australia, featuring the sale of U.S. nuclear subs to Australia. While all parties in the AUKUS pact insist that the agreement does not target China, deployment of a fleet of nuclear subs based out of Australia makes up for the lack of viable land-based launch sites as part of the military containment of China. Numerous American military officials have stated that such alliances and joint deployments are necessary, as they believe a war with China is becoming more likely. Admiral Philip Davidson, the commander of the U.S. Indo-Pacific command, told a Congressional hearing in March that he thinks a Chinese invasion of Taiwan could occur within the next six years. Taiwan's Defense Minister Chiu Kuo-cheng said last week that he thinks China may mount an invasion by 2025! That U.S. military deployment is being shaped by a slight amendment to classic British geopolitical concepts regarding "Eurasia", to cohere with the "Pivot to Asia" policy first mooted by President Obama, was evident in a speech delivered by Major General Brad Gericke, the U.S. Army director for strategy, planning and policy, as reported in the Oct. 12 "Breaking Defense." Gericke said, "I would argue that the land domain is the essential domain...it is Asia that is the prize...And that's where... economic, military, social information power is going to primarily emanate from over the next century." Adding to the tension was a report in the {Wall Street Journal}, later confirmed by a Pentagon official speaking with AFP, that American special forces have been training Taiwan Army and Navy personnel during the last year. The Chinese responded sharply to this, warning that if fighting breaks out, the Americans will be among the first targets. There is thus a wide gulf between Biden's emphasis on diplomacy to avoid a "new Cold War", and the actions and statements coming from U.S. military officials, which indicate many of them have a strong belief that a war is coming. In Congressional hearings in the aftermath of the U.S. withdrawal from Afghanistan, it was evident that Biden's commitment to end the war was not shared by top Pentagon and intelligence officials, or by the vast majority in Congress in both parties. This divergence is a legitimate concern for the leaders of China, and adds to the danger of war breaking out due to "miscalculation".
With only days until thousands of people are scheduled to descend on Glasgow, Scotland, for the United Nations Climate Change Conference, COP26, a sense of panic has set in among the British Royals that this well-planned conclave, in which the world was supposed to sign on to a self-inflicted suicide pact for the human race, is facing a potential massive failure. Prince Charles, who, together with the bankers in the City of London, has been the driving force of the Climate Change conferences since the 1990s, complained bitterly to the BBC this week that many countries “just talk, and the problem is to get action on the ground, which I’ve been trying to do for forty years.” His son Prince William, being groomed by Charles to take his place as the chief green genocide merchant, told BBC that we should stop wasting time and money on space travel, rather: “We need some of the world’s greatest brains and minds fixed on trying to repair this planet, not trying to find the next place to go and live.” William will be introducing his “Earthshot Prize,” described as “a Nobel-like prize for the environment,” to five recipients at COP26.And now the Queen has weighed in, allowing herself to be picked up on a microphone saying: “I’ve been hearing about COP. We still don’t know who is coming, no idea. We only know about people who are not coming, and it’s really irritating when they ‘talk,’ but they don’t ‘do.’” Indeed, President Xi Jinping let it be known that he will not be travelling to Glasgow, as did Australian Prime Minister Scott Morrison—Australia is the world’s leading producer of coal, while China is the leading consumer of coal. The Green fascists were set on ending the use of coal altogether. But it’s not only that the many leaders are not attending. Indeed, the emergence of massive inflation over the past months, verging on a hyperinflationary destruction of the world economy, has been a rude awakening to the fact that the green fascist effort to replace fossil fuels with unreliable wind turbines and solar panels is blowing up the world economy. Addressing this, the Schiller Institute and the CLINTEL group of international scientists issued a joint statement this week titled: “A Wake-Up Call: The Danger For Mankind Is Not the Climate, But Toleration of a Devious Policy That Uses Climate To Destroy Us.” China, for instance, dealt a huge blow to the Green New Deal fanatics this week when Premier Li Keqiang, following a meeting of the National Energy Commission to address the shortages of coal, issued a statement which included: “Given the predominant place of coal in the country’s energy and resource endowment, it is important to optimize the layout for the coal production capacity, build advanced coal-fired power plants as appropriate in line with development needs, and continue to phase out outdated coal plants in an orderly fashion. Domestic oil and gas exploration will be intensified.” India, meanwhile, which generates 70% of its energy from coal-fired stations, is not about to cut coal production, but the opposite. Vietnam’s Ministry of Industry and Trade today announced a plan to double the amount of coal-fired electricity generation by the year 2030. Similar responses to the massive energy inflation driven by the Great Reset are showing up internationally. Even the monetarists, the “Economic Royals,” who undermined the Bretton Woods system, unleashing the wild speculation which brought the world to the current crisis, are suddenly screaming that the Green New Deal is behind the threat of hyperinflation. Larry Summers, who was the Treasury Secretary in the 1990s when Glass-Steagall was rescinded, among his other crimes, is now whining that “we’re in more danger than we’ve been during my career of losing control of inflation in the U.S.” He correctly points to the Central Bankers, who are “defining themselves by their wokeness, by how socially concerned they are.” While he doesn’t name it, it is well known that the Green New Deal is being run by the central bankers perverse agreement to cut credit to fossil fuels, industry and agriculture, while creating a new “green bubble” to prop up the banking system, under the lie that carbon drives climate change. This was set in place by the “Network of Central Banks and Supervisors for Greening the Financial System” established in 2017 under the direction of the former head of the Bank of England, Mark Carney, with help from the French and Dutch Central Bank chiefs. Of course, Summers offers no alternative In addition to their fear that their financial system is crashing, the Royals, both in London and on Wall Street, also recognize that if the rest of the world does not go along with their “climate change” fraud, and turn instead to the alternative being offered by China through the Belt and Road Initiative, then the Empire will not survive. The New Silk Road, initiated by Lyndon and Helga LaRouche following the collapse of the Soviet Union, and implemented by China’s Xi Jinping as the Belt and Road Initiative in 2013, is now fully supported by Russia and 140 other nations as a means of escaping from poverty in the same way that China did—by massive infrastructure development, especially energy dense fossil fuels and nuclear power. The world is teetering on the brink of financial chaos and global thermonuclear war, while the U.S. and Western Europe are descending into a drug-infested, culturally perverse Hell. And yet, it is precisely this reality, increasingly obvious to anyone with their eyes open, that can lead people to do away with their false assumptions, to make the decision that they must think creatively, with people from every part of the world, to bring about a new paradigm based on the common aims of mankind. This is the LaRouche moment.
Collaborators of the international Schiller Institute staged rallies and public street events today in many nations, in a “Day of Action” demanding that the U.S. release the funds belonging to the people of Afghanistan, which have been frozen in the U.S. Treasury, while the Afghan people face starvation. The rallies also got out the message: “A Wake Up Call: The Danger for Mankind Is Not the Climate, but Toleration of a Devious Policy that Uses Climate To Destroy Us!” which is the title of the statement released Oct. 12 by Helga Zepp-LaRouche and Dr. Guus Berkhout, the initiator of the CLINTEL, an organization of international scientists who refute the fake science on carbon and climate change. These documents were distributed at key sites in places from Colombia, to Germany. They included New York City; Houston, Texas; Montreal, Canada; Mexico City; Paris; Berlin; and Wiesbaden. In Washington, D.C., dozens of the international delegations in town for the annual IMF and World Bank sessions received the statements. In the Midwest, activists with the LaRouche Organization hit the campus of the University of Michigan.It is a test of conscience to take the urgently needed action in Afghanistan: muster and deliver the large-scale emergency aid—food, fuel, winter materiel, etc.; start the longer-term infrastructure building as fast as possible; and immediately, release the $9 billion in assets wrongfully being withheld by U.S. authorities, which belong to the people of Afghanistan, and are needed in restarting daily life. This is the only moral, the only reasonable approach. The same power of reason is the only sane response to the rapidly deteriorating economic crises in the Trans-Atlantic and related economies. Look at two examples of the most recent headline situations: In Europe, the same electricity and gas hyperinflation and shortages which were expressed most dramatically weeks ago in Britain, are now spreading across the continent. This week, a German energy retailer declared bankruptcy. In the Czech Republic, an energy company suddenly cut off its 90,000 customers, telling them to seek alternatives with a state company. The situation clearly calls for collaboration across Europe to freeze spot markets, stop speculation, work out contracts to keep supplies moving, make the needed logistics arrangements, and get moving on stopping the green transition to unreliable, so-called renewables. Instead, EU authorities met yesterday, and came up with an energy Tool Box, with no tools. They simply OK’d some stop-gap measures, as, for example in Spain, for governments to aid households and companies facing unpayable energy bills; and they made a vague commitment to one day having an EU-wide energy market. In the United States, the delays in goods production, spare parts, shipping, and related functions are worsening by the minute, with rising energy prices part of the mix that otherwise includes decades of lack of transport and other infrastructure. In agriculture, threats to the Fall harvest, crop shipment, and storage, come from lack of spare parts for machinery, and rising fuel costs. The situation clearly calls for interim emergency measures, sector by sector, to keep vital production and services going, from healthcare delivery, to food processing; while stopping speculation cold, reorganizing banking and credit, and preparing for full-scale economic rebuilding. Instead, President Biden issued a King Canute executive order yesterday, that goods shipments will henceforth be speeded up, because the Long Beach-Los Angeles port complex, the biggest in the nation, will henceforth work 24/7 and no longer take night-time and weekends off. In Washington, D.C., the Group of Seven finance ministers also met yesterday on the subject of the supply-chain crises, and issued a decision to form a task force on supply chains, rather than take any meaningful action. Meantime, the situation is untenable for millions more people each day. There are major labor actions now almost daily in the U.S. This morning, 10,000 workers of the John Deere machinery manufacturer went on strike. The workforce of Kellogg’s cereals processor are on strike. Alabama coal miners are on strike for the seventh month. There is no other recourse in the interest of nations and peoples, than for citizens to step forward and see the “big picture,” as it is described in the joint statement being circulated internationally today, and to act accordingly. The premises and policy recommendations of what must be done are presented clearly in the report, “The Coming U.S. Economic Miracle on the New Silk Road,” the 55-page report by The LaRouche Organization, now available online, and in print. Doing what is right for Afghanistan is the act of conscience necessary to make economic development happen everywhere, for everyone.
The Green Reset policies of the bankrupt western financial Establishment have helped unleash a hyperinflationary price explosion, notably in the energy sector, coupled with a breakdown collapse of the global physical economy. This is coming on top of the already ongoing bankruptcy collapse of the entire Anglo-American financial system, which is now careening toward end-game.While most world leaders are still trying to figure out what hit them, or are frozen like deer in the headlights, Lyndon LaRouche explained the cause of the problem … over 21 years ago! In a September 2000 memo, LaRouche wrote: “Broadly, the current global inflation in petroleum prices threatens to be the detonator of a chaotic breakdown in many, if not all of the economies of the world… The underlying cause of the crisis, of which the petroleum-price crisis is but the presently leading political-economic consequence, is a general hyperinflation in financial asset-prices, which is now being expressed, at increasing rates, as a hyperinflation in commodity prices now following a trend similar to that suffered by Weimar Germany during the interval March-November 1923.” That being the cause, LaRouche also provided the cure, now needed even more urgently than 21 years ago. This week’s Fireside Chat was joined by EIR’s Dennis Small who discussed how to get LaRouche’s policies implemented immediately. And hear about what really happened in the Alexandria “Railroad” trial of Lyndon LaRouche and associates, and its connection to today’s blowout crisis.
Join us LIVE on Saturday, October 16 at 2pm EDT. Now that the Chinese government has made it clear what they really think about the CO2 goals of the October 31-November 6 COP26 climate summit, the strategic circumstances of the upcoming three weeks, starting with the Halloween Night beginning of the Glasgow Séance, have significantly changed. Action, and action now will have surprising, non-linear, even seismic impact. The recent release of a CLINTEL/Schiller Institute statement, "A WAKE-UP CALL: THE DANGER FOR MANKIND IS NOT THE CLIMATE, BUT TOLERATION OF A DEVIOUS POLICY THAT USES CLIMATE TO DESTROY US!" was extremely well-timed. It has already caused a firestorm among the “green Malthusians”, and relief for those that insist that real scientific and technological progress is in the self- interest of every nation and person--including the daft Malthusian ghouls that oppose it. This Saturday will consist of a report about the Thursday “Day of Action” for Afghanistan conducted worldwide. Diane Sare will join Dennis Speed and others for a discussion of not only that mobilization, but of the Chinese policy -shift from the Malthusian one-child policy of the 1970s and early 80’s, to their recent eradication of poverty in their nation, a feat unprecedented—especially for a nation of well over one billion people.
What is the significance of the debate as to whether inflation is "transitory"? It is an academic ruse, to avoid discussing the real cause, the hyperinflationary liquidity pumping to pave the way for the Great Reset? Why is China supporting COP26? Its actions, including increased electricity production from burning coal, shows it is not complying with COP26 demands.
Mark Carney, Climate Change Tsar for the U.N., and former Director of the Bank of England, laid out in an Oct. 12 interview what the Green New Deal is. He said it will require between $100 and $150 TRILLION to be spent over 30 years in new "green" technology. To do this, he said, requires a change in financial "plumbing". He is demanding a "Reset" that will give private banks and financial institutions control over the credit policies of nations; further, the move in this direction is already driving up energy prices, by cutting credit to producers, and pouring liquidity into speculators. As stated in the {Economist}, the mouthpiece for the City of London, "Get used to it." But Carney admitted there is resistance, citing China, Indonesia and South Africa as three who will fight it. Join us to defeat this insane project of the globalist banksters.
