#glasssteagall

They see that geopolitical order being replaced by China's new paradigm of cooperation of great powers for the progress of all nations and the productivity of their peoples: the Belt and Road Initiative of new infrastructure projects and poverty eradication. They want China contained, the Belt and Road put under City of London rules, but cannot make that happen. They want China's ally Russia confronted and even challenged to fight.

They face disaffected British populations and a determined and widely-backed leader in Labour's Jeremy Corbyn, who fights their geopolitical policies and the financial crimes of the City of London financial imperial banking center. They want Corbyn tarred a "Kremlin stooge" by the tabloids and driven out.

They continue to see strong resistance to London geopolitical from President Donald Trump. After 18 months of non-stop attacks on Trump originating from British intelligence services, aimed to break him or remove him, he continues to favor great-power cooperation, and is gaining in American public backing.

And they face, very soon, a new crash of the London-Wall Street banking cabal worse than 2007-08. The British imperial answer to that threat has always been war.

Despite hysterically supportive major media, the "new Churchills" of London do not have the momentum they imagine for war confrontation. Not even in the UK — but for them, running America is always what counts most.

What is crucial now, is that President Trump and the United States choose the offer of China, the Belt and Road Initiative, and let its paradigm of productive economic progress rub off a bit.

Tax cuts, Wall Street deregulation have not and will not revive American growth from its long stagnation, or fill its huge infrastructure deficit. The actions proposed by EIR founder Lyndon LaRouche will, starting by breaking up Wall Street with a new Glass-Steagall Act. These actions, including the first national credit institution the United States has had since Franklin Roosevelt's RFC, are aimed at joining the United States into a global cooperation of sovereign nations for "the common aims of mankind."

The crisis is not just a stock bubble.  The bubble is a symptom of the bigger problem, which is the deliberate shut down of the physical economy of the U.S., which has been accelerating since the August 1971 decision by Nixon to end the fixed exchange rate system of Bretton Woods, by ending the backing of the dollar by a gold reserve, turning the U.S. into a "consumer economy" dependent on debt bubbles to fund consumption, and financial "innovation", i.e., ever-more exotic Ponzi swindles, to make money.  

I recently wrote about the danger implicit in President Trump taking credit for the stock market bubble  -- when it pops, he will be blamed.  By taking credit for the rapid climb upward on stock markets, and claiming this is proof of a broad-based economic recovery, the President is being set up.   The Crash, when it comes, will be "Trump's Crash."   (See https://action.larouchepac.com/decision_time_for_us_economy.  This was re-posted widely, including on coldstonetruth, Roger Stone's website.)

While this may not yet be the "Crash", it should provoke people around the President to urgently warn him that he is being set up by the Goldman boys, who tell him that the stock bubble is proof of a strong economy.  During the campaign, he effectively ridiculed this, when Hillary tried to claim that Obama had launched a robust economic recovery -- citing the appreciation of the stock market as proof -- and saying she would continue the Obama speculator-friendly policies.

He should be reminding Americans that the real economy is still very weak, due to the economic policies of free trade of Bush and Obama, and the repeal of Glass Steagall, which transformed the U.S. from an economic powerhouse, based on physical production, to an economy dependent on "trading income" from buying and selling financial instruments, while shutting down domestic manufacture.  He should identify the inflated market cap as the "Obama bubble", not embrace it, for the "Trump bubble" will be turned against him when it pops.

It is no surprise to anyone watching closely the hysteria surrounding the Nunes' memo, as the whole narrative of "Russiagate" collapses, that financial manipulation can be used as either a diversion, or the next go-to option for the anti-Trumpers to use.  The Mueller witch hunt, though still being vigorously pushed, will likely fail, if it is consistently and properly exposed as a fraudulent regime change operation.  False flag terror operations and financial chaos are frequently set in motion when the global plans of the financial oligarchy are disrupted, as they were by the election of Trump.

See also: The British Have Shown Their Hand from LaRouchePAC.com

The President must now follow through with his campaign promise to restore Glass Steagall Bank separation, to guarantee that there will be no bailout this time for bankrupt banks, and that the savings and deposits of Americans will be protected.  Glass Steagall is the first of the Four Laws drafted by Lyndon LaRouche, which provide a blueprint for the revival of the American System of physical economy, which President Trump has pledged to accomplish.  (For a full discussion of LaRouche's Four Laws, you can download the pamphlet in pdf form here: https://larouchepac.com/sites/default/files/four-laws-pamphlet-high.pdf)