[GJM] A most extraordinary broadcast -- second email

[Rodney Shakespeare]

Dear All,
Continuing summary of the LaRouche webcast 
  a.. computer video games (and MySpace, Facebook) create killers
  b.. today's economics is a statistical projection; it does not correspond to human behaviour
  c.. I was probably wrong in first email  -- he may mean nuclear fission is OK.  Thorium cycle; desalination of seawater
  d.. creativity in populations is deliberately suppressed
END OF SPEECH
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QUESTIONS -- LaRouche response
  a.. No precedent for situaiton today.
  b.. Idea of sitmulation package is wrong.  It just creates inflation
  c.. Present financial system must be removed and a new one introduced
  d.. "Credit" by government to be created, not present  finacial stimualtion (this response was not too clear)
  e.. Loudon County being set up to become Ground Zero for the biggest collapse in history.  (Loudon County is suburb west of Washington)
  f.. Worshippers of money -- Mammonites.  Money is usury or system
  g.. Control of money issuance by government is essential.  Money has no right to exist on any other basis.  Federal bankruptcy protection for legitimate banks
  h.. no more golden parachutes -- only lead ones
  i.. use money to revive USA induistry e.g. cars, machine tools industry
  j.. commuting (e.g Washington to Loudon County)  not desirable
  k.. Bloomberg a fascist
  l.. Science, technology, capital projects
  m.. Credit not money (he's still not clear exactly what this means)
  n.. infrastructure improvements on a huge scale but also to help small-scale farmers etc in Africa.  Increase physical efficiency rather than spend money.  Forget "stimulus".
  o.. moratorium on foreclosues and legitimate  bank protection cannot be separated.  People do not like banks but we shall retrain them to become good people instead of bad people,  The welfare of the people requires that the banking system be stable.
  p.. Bank  exposure to hedge funds -- how can banks and hedge funds be separated?  Answer -- create a federal fund to build e,g, large rail systems,  nuclear power etc  Shift finance payments away from the  bankrupt banks.  People have been trained to do make-work not production work.Not a penny into the mortgage banks but defend the chartered banks.  We shall defend banks becasue the system deepnds on banking and we have limited resources.  Long-term subsidised credti for long-term projects (this means low interest loans).  Hedge funds -- we may need to expand the prisons!  Bloomberg a robber!  NB I do not think he answered this question clearly.
THIS IS THE END OF THE SECOND HOUR

Rodney Shakespeare
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