“The 1953 agreement, in which Greece and about 20 other countries effectively wrote off a large chunk of Germany’s loans and restructured the rest, is a landmark case that shows how effective debt relief can be. It helped spark what became known as the German economic miracle… So it’s perhaps ironic that Germany is now among the countries resisting Greece’s requests to have part of its debts written off.” (1) – emphasis added
Why financial institutions seem to be more powerful than nation-states?
The House Oversight and Government Reform Committee on Wednesday voted to hold Attorney General Eric Holder in contempt of Congress despite a last-minute intervention by President Obama.
ERIC HOLDER HELD IN CONTEMPT BY HOUSE PANEL NewsPoliticsNow – JUNE 20, 2012
By a vote of 23 to 17 after nearly six hours of tense discussion, the bipartisan committee voted for contempt over the Justice Department’s decision to withhold documents related to Operation Fast and Furious that were subpoenaed by the committee. The measure now moves to the full House for a vote.
LaRouche: “Get Ready!”
June 21, 2012
Lyndon LaRouche said today that he is optimistic that something will happen soon which will result in Obama being removed from office. Continue reading
Will the Queen’s Euro Empire Vaporize During Her Jubilee?
by Tony Papert
June 2, 2012
If, as seems increasingly likely, the doomed Euro system crumbles to dust this very weekend, then Britain, with a four-day bank holiday through Tuesday, will get a few extra hours to try to put through their worst-case disaster scenarios. Those scenarios can’t work for very long, though, if at all — that collapse will drown Europe in a hyperinflationary flood tide like Germany’s in the fall into winter of 1923. All Europe west of Belarus will only be the first domino to fall — the US and the Americas will follow virtually immediately.
“This is a link to a very important conference that the LaRouche organization just held in Germany … I recommend it to everyone, especially to understand why we are experiencing this unprecedented moment in human history.“ Daniel Estulin
Securing Mankind’s Future
Die Zukunft der Menschheit sichern
25-26 February, 2012
Stock prices of most of the biggest banks in the world
have plunged dramatically
since July 2007.
“Royal Bank of Scotland is down 96%,
Commerzbank is down 94%,
Societe Generale is down 84%,
Intesa Sanpaolo is off 74%,
and Santander is down 37%.
In the U.S.,
Citigroup has fallen 94%,
Bank of America 86%,
Morgan Stanley 78%,
Goldman Sachs 52%,
Morgan Chase 28%,
and Wells Fargo 23%.”
“The financial system is not only eating
nations and populations,
but also eating its own banks,
in a desperate attempt to survive.”
LaRouchePac Continue reading
“the British, European and American establishments intend to defend their wealth and privilege by any means and will never agree to this revolutionary transformation of their banking system.” LarouchePac Continue reading
“Early this year, the National Archives released documents from the files of the 9/11 Commission, which were previously classified. Three of those documents, recently obtained by EIR, provide the “smoking gun,” proving the central role of Saudi intelligence, and the critical support role of British intelligence in the preparation, execution, and coverup of 9/11″
Jeffrey Steinberg, EIR Counter Intelligence Chief Continue reading