FDR, not Fascist Austerity

July 15, 2010 -- This week, it was again made sufficiently clear to a growing majority in the U.S., that so long as Obama remains in office and Ms.Leadership Nancy Pelosi continues to do his bidding, economic and political chaos will be the inevitable result. Economist Lyndon LaRouche is placing urgent emphasis on the mid-July to late September time period as a critical chain-reaction breaking point in the world economy. Yesterday, in no uncertain terms, he announced that if you are a "loyalist to this President, you deserve not to survive-- and you won't. So therefore you've got to dump these guys."

Were Obama to remain in office past late September, we could have reached the point of no return as a nation and a world. Anyone talking about a slow, arduous impeachment process at this point is not serious. Contribute to my campaign today.

As I write this, there is a team of young students under the tutelage of Mr. LaRouche, working on producing a video presentation to explain this crisis to the American people and elaborate it as a physical economic process-- not merely a problem of money. The simple essentials of the matter are that, increasingly since the late 1960's, federal credit for physically productive purposes has been diverted into purely speculative acts on Wall St. and London. What has become known as 'bail outs' is the last ditch effort to save a mass of accumulated speculative paper, by turning on the printing press. This is Weimar hyperinflation all over again combined with fascist austerity cuts.

Just yesterday, I saw this first hand in Oakland, where the city government is paying an interest rate swap bond payment to Goldman 'Sucks' while cutting 80 police officer with 120 to go! This, in a city with one of the highest crime rates in the nation. This is not something that is exclusive to Oakland. California, one of several U.S. States that cannot balance its budget without killing people, is threatening wage cuts to State workers and cuts to Medicaid recipients while Wall St. robs us blind. When governors from several states met last Sunday in Boston, they were told by the Obama and Pelosi backed Bowles-Simpson austerity commission that there was 'no more bacon for pork barrel government spending-- the pig is dead!'

The Obama administration, Nancy Pelosi and several members of the U.S. Congress are forcing the American people to pay for Wall Street's and London's crimes with their lives! It is time to sever all tax payer obligations to Wall St. crooks and clean the speculation out of our banks by implementing Glass-Steagall; but first we have to clean house and send Obama packing. I am the only candidate fighting for this policy in the 8th Congressional district and I am the most qualified. Contribute to my campaign and join the fight.

--Summer Shields