E.I.R, Strategic Alert

The Schiller Institute

In the months leading up to the State of the Union address
which President Trump pronounced on Jan. 30, the LaRouche
Political Action Committee led a national mobilization urging
him to move decisively with Lyndon LaRouche’s “four laws”,
beginning with reintroducing Glass-Steagall-style bank separation
and an ambitious program of public investments in infrastructure.
While he did not do that, he did transmit a spirit
of optimism to the population, while pledging to invest $1.5
trillion in infrastructure.

To the dismay of his many adversaries in the Democratic Pary,
but also in the Republican Party, his speech was quite well received.
CBS News reported a 75% support from its viewers,
and CNN (the fake news channel par excellence) had to admit
that 70% of their viewers were “very positive” or “somewhat
positive”. Trump avoided bringing up the controversial issue of
the investigation against him led by Special Counsel Robert Mueller,
and he appealed for bipartisan cooperation on economic
reconstruction, immigration and creating new jobs.

Asked for her assessment of the speech in an interview on
Feb. 2, Helga Zepp-LaRouche pointed out that there is still hope
the President will take up the “four laws”. She drew a parallel
to a shift that took place in 1983 under President Ronald Reagan,
at a time when Lyndon LaRouche was strongly campaigning
for what became the Strategic Defense Initiative (SDI). That
issue “was not mentioned by President Reagan in his State of
the Union address, but then, March 23, he publicly announced
the SDI.

So therefore, we can absolutely hope that President
Trump, when he is confronted with the question of financing
the infrastructure he announced, will come back to his promise
from the election campaign to implement Glass-Steagall.”
Two fatal train accidents that happened in the past week,
due to a breakdown of even rudimentary modernization and
repairs, have driven the point home.

The investments needed cannot be expected to come from PPPs (public private partnerships),which have never worked in the past. The solution is to
return to the original “American system” of Hamiltonian national
banking using productive public credit for improvements, and
to do so now, just as the danger of the next financial meltdown
is growing dramatically.


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