. Volume 37, Issue 21 Complete EIR (PDF) In-Depth Coverage Friday, May 28, 2010.. Links and Past Issues Current News Digests Subscribe to EIR Online Search EIR Tables of Contents LaRouchePAC Webcast: The Greatest Crisis in Modern History May 8, 2010, (Archived) Imagine You Wake Up ... and The Global Financial System Is Gone! by Helga Zepp-LaRouche That is just what could happen, since neither the U.S. Senate, nor the German Bundestag, nor the G20 countries, have yet done anything to prevent it. On the contrary: The financial reform bill just passed by the U.S. Senate, which left the fattest loopholes for speculators, has increased the instability enormously. And the Bundestag's rubber-stamping of the EU750 billion ``rescue package'' for Greece has accelerated the dynamic of disintegration of the global financial system—whether by a chain-reaction domino effect, or by global hyperinflation. A taste of what could happen at any time, on a much larger scale, was shown by the collapse of the Dow Jones on May 6, when it fell by 10% in 16 minutes, wiping out $700 billion, with the automatic trading systems apparently on autopilot. The quick and partial rebound that occurred then, might not happen the next time, and the whole world financial system could actually disintegrate overnight. All it would take is another grave mistake, somewhere on the globe, and the world could plunge into chaos. Only hours after the Senate passed the version of the financial reform bill demanded by the White House and top executives of Wall Street, a Newsweek blog compared the law to a doughnut, with a huge hole in the middle, ``that is so critical to the success or failure of the bill that it becomes the legislation's defining characteristic''!... Subscribers: Log in here... Have you forgotten your password? Do you wish to change your account information? Are you having a problem logging in? Email us... This Week's News The Economy U.S. Economic News Global Economic News World and Nation-State United States Ibero-America Europe Southwest Asia Asia LaRouche's Triple Curve WLYM Economic Science Work Hear The LaRouche Show Saturdays 3pm, Eastern Time 2000-2100 UTC (live and archived) OTHER ALMANAC FORMATS (all but the 'In Depth' section.) Printer-friendly/no graphics .zip file archive Past Issues March 23, 2007 —EIR News Service announced the publication of The Anatomy of Russian Capitalism, by Professor Stanislav M. Menshikov. Translated from the Russian by Rachel Douglas, the book is an authoritative study of the Russian economy during the first 15 years after the break-up of the Soviet Union. The Preface, by EIR founder and contributing editor Lyndon LaRouche, titled, "Russia's Next Step," poses the need for U.S. policy-makers to study and grasp the "disease" presented in this book, since it represents "an economic global pandemic which we must all join to defeat." In-Depth articles from EIR, Vol. 37, No. 21 ...Requires Adobe Reader®. This Week's Cover Imagine You Wake Up . . . and the Global Financial System Is Gone! By Helga Zepp-LaRouche. The financial 'reform bill' just passed by the U.S. Senate, with its milewide loopholes for speculators, along with the lack of any effective action by the G20 or the German parliament, could lead, any day now, to a complete disintegration of the world economy. But, if Lyndon LaRouche's proposal for a Global GlassSteagall were enacted now, it would still be possible to step back from the abyss. Chancellor Merkel Breaks the Mold Italian/Euro Lawmakers Back Glass-Steagall LPAC Video: The Case for Impeachment of President Barack Obama The LaRouche Political Action Committee reissued its call for the impeachment of President Barack Obama on May 22, in the form of a video outlining the bill of indictment. The transcript is presented here. Documentation: Statements on the financial reform bill and Glass-Steagall, by Senators Maria Cantwell, Russell Feingold, Ted Kaufman, and Tom Harkin. Feature What Your Accountant Never Understood: The Secret Economy by Lyndon H. LaRouche, Jr. Although a relatively few U.S. economists have understood certain essentials of 'the how and why' of LaRouche's uniquely successful record in economic forecasting, most others have not. The root of their failure, is that they worship the 'magic of the marketplace,' and money as such. Therefore, the relevant question is: What is the secret? World News Treasonous Banking Cartel Ordered Glass-Steagall Repeal The death of the Glass-Steagall regulatory safeguard in 1999 was a disaster for the the world. Freed from the prohibition against mixing commercial banking and investment banking, the largest U.S. banks became the personification of greed; and that greed, unchecked by regulatory safeguards, destroyed our economy. Why the British Prefer Fascism in Thailand Behind the UN Sanctions on Iran: Obama's Support for Anglo-Israeli Threat National Mass Strike Lashes Out; Obama's Incumbents Trounced The mass strike upsurge that began last August reached a crescendo in the May 18 primary elections, as incumbents went down in state after state. This was not, as the purveyors of punditry would have us believe, a blind rage against 'Washington,' but, a deep sense of outrage and betrayal at what the Obama Administration and its Congressional allies have done to destroy this country. Issa Demands Answers: Targets Wall Street, Obama, and ShoreBank National News Editorial Glass-Steagall, or Else! All rights reserved © 2010, EIRNS Subscribe to EIR Online For all questions regarding your subscription to EIR Online, or questions or comments regarding the EIR Online website's contents or design, please contact eironline@larouchepub.com.

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