Sunday, Feb 24, 2008
This isn't a crank!
Google Video: Lyndon LaRouche Webcast - "Surviving the Greatest Financial Crash Ever"
Get the popcorn out ... 3 hours long
Posted by stevie dee @ 06:51 PM (762 views) Add Comment
20 Comments
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1. Frank said...
This guy really has it in for the Brits, must be his French heritage. I'm suprised he didn't say we all have forked tails, goats feet and horns. He all but accuses Brits of being responsible for everything that's gone wrong in the world for the last 300 years. i guess we must still be a superpower.
2. Ictoa said...
This guy is evidently a bit of a nut : http://en.wikipedia.org/wiki/Lyndon_LaRouche#Web_pages_critical_of_LaRouche:
3. Me said...
About 2 hours 40 minutes in theres an interesting question from a guy from Tanzania who asks him to describe exactly what a scructural Investment Vehicle is. The awnser is fascinating.
4. This comment has been removed as it was found to be in breach of our Blog Policies.
5. little professor said...
Text transcript and audio mp3 are also available on his website if you don't want to sit staring a his ugly mug for 3 hours:
http://www.larouchepac.com/media/2008/01/17/larouche-webcast-surviving-greatest-financial-crash-ever.html
6. planning4acrash said...
Just like any conspiracy theory, there are many half truths in this.
Down to the actual proposals, rescue of homeowners and banks via bankruptcy, return of money creation to the state and common exchange rates. Well, rescue of homeowners and banks smacks of moral hazard, and suggests wholesale nationalisation, which does not appear viable. Now, government gaining control over money growth, yes, this is imperative. International exchange rates? Well, that's suggesting a global currency. It won't work! The world does not have the political integration to sustain a global currency peg. All that we need to do is to stop printing money and to put up interest rates! Get rid of Bernake!! Any other thoughts?
7. planning4acrash said...
We need a recession! Its fighting against the economic cycle in 2000 that got us here. Its really that simple. Defaults need to occur because debt needs to reduce via a depression.
8. Stevie Dee said...
@P4C,
This guy has some ideas
http://video.google.co.uk/videoplay?docid=638447372044116845&q=financial+meltdown&total=62&start=0&num=10&so=0&type=search&plindex=3
9. Stevie Dee said...
@P4C,
since you are planning for a crash, thought you might have some ideas
10. planning4acrash said...
Stream of consciousness whilst I listen! It occurred to me that this crisis really isn't massively different to anything else, larger scale, but much the same. But these guys with radical ideas are getting a platform for the first time. A platform that previously was only available to the elite. Their confidence is over-inflated because they've never been listened to before. He steps into prescribing specific policies like nuclear power, and expresses political bias, such as being against Al Gore (maybe he's jealous of his popularity?!) by ignoring global warming. So its interesting stuff, but he takes things out of proportion. He is totally right about needing to avoid stimulus.
11. Dstars said...
His tie didn't even light up one single time. I didn't catch the end. Was there any dribble?
It's like visiting an old folks home and there's a geezer in the corner chatting up some old bird in a wheelchair.
This guy is the reason that anyone posting here seems crazy.
But he's certainly not wrong about how our leaders are crazy and corrupt. He's talking some truths and wrapping them around himself. When does he get to the solution?
Guys, this is how we sound to the rest of the world. But this guy gets to call us 'people living in wormholes'. D'ya think he means the type they have on Star Trek or the kind embedded in wood?
God bless America.
(He's cgnao without the percentage). I claim my prize.
12. planning4acrash said...
He really doesn't do himself credit by going on about the British Empire. Apparently its us, not Greenspan who are responsible for the crisis, nonsense. Apparently its the British Empire that is responsible for high oil prices, nothing to do with peak oil, nonsense. Apparently we put Hitler into power, put Mussolini into power. Apparently Blair, not Bush is responsible for Iraq, nonsense, I could go on. This is an example of what I said above about half truths. I wish he could just keep to the point and focus! This guy suffers from illusions of grandeur.
13. planning4acrash said...
This guy is clearly a crank. He has a few good ideas, he honestly says that Britain is orchestrating a new war in Kosovo to cause a war between Russia and America, nonsense!! Did anybody who listened to this notice that most of the speakers didn't state their names? They made a little excuse for that, but this whole thing was stage managed. He talks about orchestration, with conspiracies, he's an expert in orchestration. He's a nutter!
14. planning4acrash said...
I meant to say, he has a few good ideas BUT, (I don't think is Kosovo idea is good!)
15. Dsfgdsfg said...
Jeremiah Duggan.
16. Baby Bear said...
http://www.rickross.com/groups/larouche.html
Crank, maybe; harmless, probably not.
17. the northerner living in oz said...
Some of his group were handing out his publications in Melbourne
A few months ago.
Finance is not my area of expertise.
I just do not understand his triple curve.
Is it something he made up?
I visited his web site but as soon as he started to blame the British
For the worlds problem he lost me.
Clearly he is Nutter
18. sold 2 rent 1 said...
He is right on a few basic things
1. Stimulus of the economy is not the answer
2. Debt has to be destroyed. But he thinks this can all be achieved by letting only mortgage banks go bust and saving everyone else.
3. A return to an investment based economy is needed.
4. The inequality of wealth needs to be fixed
5. The Elite few in media, politics, banks, and corportates control the world
In summary, he wants to solve the problem in a Roosevelt 1930s style action.
He misses the core problem that banks have to create money exponentially to keep an economy running
At best, his solutions would create a 15 year depression and then set up another cycle to end in a depression in 2070
In reality, because of peak oil, peak food, and peak population, the solutions require a change of consciousness in the way we all think.
If this guy sees a world currency as the future; this world currency will need a world government. I think this guy could even have some back-door financing from the elite few who want to pave the way for a world government. Just like Alex Jones accuses Michael Moore of being part of the establishment he is trying to expose.
19. Bobsto said...
Is he mad? Here's a clue...
This guy thinks the Beatles were invented by a British army physchological warefare unit.
20. Stevie Dee said...
@S2R1,
"If this guy sees a world currency as the future; this world currency will need a world government. I think this guy could even have some back-door financing from the elite few who want to pave the way for a world government. Just like Alex Jones accuses Michael Moore of being part of the establishment he is trying to expose."
That's what I was thinking.