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While the world faces many crisis spots, from Ukraine to Gaza, to
rising tensions in East Asia between China and Japan, and the
possibility of U.S. intervention in the Caribbean against Venezuela,
and possibly other nations in the area, we should ask the question:
“What is the source of desperation that would lead governments to
pursue policies contrary to their own self-interest?”
The emergence of a new world economic order, particularly in the
Global South and nations of the BRICS+, SCO, and ASEAN, can lead to
the wonderful result of the end of over 500 years of colonial
practices in those nations. This has been advocated for by Schiller
Institute Chairwoman Helga Zepp-LaRouche since the start of the
special military operation by Russia against Ukraine on February 22,
2022, but was recently put to the fore by Russian President Vladimir
Putin in a summit meeting of the Collective Security Treaty
Organization (CSTO) states in Bishkek on Sept. 27. As part of Russia’s
chairmanship of the CSTO in 2026, Putin said, “the Russian side would
like to propose holding an international expert forum on the creation
of an equal and indivisible security architecture in Eurasia before
the 2026 CSTO summit in Moscow. We intend to invite not only the
delegations of the member states but also representatives of friendly
countries and multilateral organizations and integration
associations.”
If such a security architecture was to be truly indivisible, there
is no fundamental reason why the U.S. and other countries of the world
would not be allowed to join. There is no overriding reason why such a
policy should not be adopted, except for the main roadblock being the
financial centers of Wall Street and the City of London, who have been
the desperate actors fomenting new wars and exacerbating old ones, to
prevent their cancerous speculative bubble from imploding. There is
such a thing as natural law however, and all bubbles inevitably pop,
sooner or later.
This is why the LaRouche Organization is leading the fight for a
global Glass-Steagall policy, or banking separation, which would be
the first step towards reorganizing the bankrupt financial system and
creating mass credit for nations to develop.
In today’s program, we will present a feature documentary produced
by the LaRouche Youth Movement (LYM) in 2008, during the subprime
mortgage crisis which led to the crash of the housing market in the
U.S. The documentary, “1932: A True History of the U.S.,” explores the
historical and cultural background of Glass-Steagall, and the actions
of President Franklin Roosevelt in the first 100 days of his
administration to reorganize the U.S. banking system, and get people
back to work.
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