Friday, April 3, 2009

G20: Fix economy by renaming and continuing "failed" policies

from LaRouche: G20 Agreement must be rejected

April 2, 2009 (LPAC)—In response to the release of the official communique today at the conclusion of the G20 summit in London, Lyndon LaRouche stated that "what they are proposing is the equivalent of recommending the use of cyanide for the cure of a headache. It is a permanent cure."

LaRouche was immediately referring to the assumption underlying the entire statement: "We believe that the only sure foundation for sustainable globalization and rising prosperity for all is an open world economy based on market principles, effective regulation, and strong global institutions." The statement further states: We are undertaking an unprecedented and concerted fiscal expansion ... that will, by the end of next year amount to $5 trillion, raise output by 4 percent, and accelerate the transition to a green economy."

LaRouche characterized the above statements as "tantamount to the confessions of an assembly of lunatics."
[end of excerpt]

The name of this game is to pretend that each new bailout-installment is something different than the previous "failed" ones, which are what's actually CAUSING the economic collapse. Forget their words, and let LaRouche, a proven trustworthy economist and general sage, tell you what they're actually doing.