Obama Acting to Stop Glass-Steagall And Bring On Global Hyperinflation

May 12, 2010 -- We must restore Franklin Roosevelt's Glass-Steagall, as introduced by Senators McCain and Cantwell. Sources report that while this Glass-Steagall amendment is getting support from 78% of the US population, President Obama, Tim Geithner, and Larry Summers are working to create a new global hyperinflation policy, while attempting to kill this amendment in the Senate. Over the weekend, Geithner and Summers were instrumental in guaranteeing an unlimited supply of U.S. dollars from the Federal Reserve to the European Central Bank, while Obama and White House leaders worked desperately to kill this amendment in the Senate, drafting and pushing an alternative bill with Senate leaders based on the so-called “Volcker Rules.”

This unlimited dollar pumping, joined with it's inevitable partner of draconian austerity, is the recipe for dictatorship, and will create a collapse of modern civilization greater than the 14th century new dark age. This must be stopped! Implementing the Glass-Steagall now will shut down Wall St., forcing a bankruptcy process of all financial institutions, and outlawing speculative activity if a bank is to get Federal support.

This White House push to shut down Glass-Steagall can not be allowed to happen. The eyes of the world are on the U.S. Senate, waiting to see if our historical impulse to uphold a meaningful existence for human life will triumph, and restore a bastion of morality in the world. My campaign, along with the other LaRouche candidates Summer Shields and Kesha Rogers, is leading a mobilization to ram through this bill in the Senate, uniting citizens from both sides of the aisle to defend our country against this London-directed policy.

Join me now to shut down Wall St. Call your senator today.

--Rachel Brown