an extremely important article on geo-politics and the future of all of us
re posted from EXECUTIVE INTELLIGENCE REVIEW
This article appears in the Februuary 5, 2016 issue of Executive Intelligence Review.
Only a Scientific and Cultural Renaissance
Can Stop the Dark Age Now Descending Upon Humanity
by Helga Zepp-LaRouche
Jan. 26—Helga Zepp-LaRouche addressed an on Jan. 26. What follow are edited excerpts from her remarks. She was preceded by Thomas Wysmuller, a former NASA meteorologist, who refuted the claim that atmospheric carbon dioxide influences climate, which he develops fully . The discussion following the two presentations, excerpted below, emphasized the vital importance of the space program, which was further defunded by Obama.
I will try to be brief. Obviously, the question is, how is such a report as you just discussed possible? Why? What is the motive? Why would you go through the effort of falsifying data and trying to squash an honest debate among scientists? And I think once you pursue that question to the end, you would come to the conclusion of my presentation, which I want to state at the beginning: that the entire trans-Atlantic region—and I’m fully aware where I’m saying this; namely, in Washington D.C.—is run by very destructive policies and very destructive forces.
Now, let me start with a point which should be of the biggest concern of anybody who wants to live out his lifespan; and that is that we are on the verge of thermonuclear war. And contrary to the height of the Cold War, during the Cuban Missile Crisis, or at other high points of the Cold War where people were concerned about the possible extinction of mankind, even though we are much closer to it, there is no public concern, there is no public debate about it. And only rare individuals, such as former Defense Secretary William Perry, or nuclear specialist Hans Kristensen, are warning of the possibility that the world could go to war.
Now, if you want to take it on the light side, the danger of accidental war is extremely high, simply because the normal kind of code of behavior, which existed even between Kennedy and Khrushchov is presently not there. After the Ukraine crisis exploded, the NATO-Russian consultations—an institution which was created to be there in times of crisis—were cancelled and abandoned.
However, I would take it a step further to say that the evolution of military doctrines in NATO, going from Mutually Assured Destruction (MAD) to the idea of a winnable first strike posture is based on a series of global war doctrines and capabilities which all point in the direction of such a possibility. Key features of the winnable first-strike nuclear war strategy include:
- The missile defense system around the world;
- The Prompt Global Strike;
- The Air-Sea Battle doctrine against China;
- The modernization of nuclear weapons in Europe.
In the face of these developments, Russia and China have drawn their conclusions and they are basically also gearing up their arsenals. William Perry warned just a couple of days ago in the Boston Globe, that we are far advanced into a new arms race with nuclear weapons. $1 trillion will be spent on the nuclear buildup over the next 30 years, according to President Obama. Given the condition of the world financial system, this sounds a little bit ludicrous, but this bears out the danger.
And if it comes to a war, by intention because some people have the illusion that you can win a nuclear war, or by accident; I think civilization very well may not exist within minutes, hours, or at the latest weeks. A nuclear winter would evolve, and that would possibly be the end of civilization. And all the beautiful things mankind has accomplished so far would be in vain: There would be nobody to even comment on it. No historian, nobody making an archive on it; not even a museum. So that is the one danger.
Systemic Breakdown Crisis
The other danger which is in direct correlation with the war danger is the fact that the trans-Atlantic financial system is about to blow up in much bigger ways than the crisis of 2007-2008. As you know, the World Economic Forum in just took place in Davos, where people officially went through the usual kind of eclectic series of entertainment on different subjects; but behind closed doors or among themselves privately there was an absolute panic.
And publicly it was expressed by the former chief economist of the Bank for International Settlements, William White, who gave an interview to the Daily Telegraph, in which he said that since nothing has been done to re-regulate the banking system since 2008, the world indebtedness today is so large that this debt can neither be repaid nor serviced. He added that people who think they own a lot of money in this virtual world of finance may wake up to very unpleasant surprises: Namely, that it could evaporate in one minute.
What were the measures, the so-called “tool box,” which the financial institutions came up with after the 2008 Lehman Brothers/AIG crisis? It was quantitative easing, it was bail-outs, it was various kinds of measures to basically turn private gambling debt into public state debt. Therefore, you now have a state debt crisis. The recent developments which came in with Dodd-Frank and the legislation in the EU Commission are to go for bail-in solutions, which they call the Cyprus model.
This happened three years ago in Cyprus, where banks basically went bankrupt and then the banks confiscated the amounts of money in the accounts of either people who had their savings there, or had shares of the banks, or were holding bonds. And these holdings were basically expropriated by 50%.
Jeroen Dijsselbloem, the Finance Minister of Holland, who is also the head of the Eurogroup, at that time said this Cyprus model is the blueprint for the entire Eurozone; and legislation was enacted. As I said, Dodd-Frank, Article II in the United States has that provision; all the European governments made legislation in the meantime to go for that. But the problem is—and this was just noted by Thomas Hoenig, who is the vice chairman of the FDIC in the United States, and similarly an unnamed EU official gave an interview to Reuters just three days ago—saying the problem is, this bail-in does not function; the banks have not been recapitalized enough to do it, and so they are not prepared. And furthermore, the amount which you could generate if you bailed in all the accounts—business, private people—and go for additional bail-out measures, you would get approximately $18-20 trillion; the problem is, the outstanding derivative debt is about $2 quadrillion.
William White says this debt will never be paid, and we have to have what he calls a Jubilee, pointing to the fact that in all great religions over the last 5,000 years, you had periodic debt write-offs when it became clear it was not payable. So, Mr. White is now a high-ranking member of the Organization for Economic Co-operation (OECD), as well as the former chief economist for the Bank for International Settlements, and you can call it a Jubilee, you can call it a debt conference to write down this debt, or you can call it Glass-Steagall.
Now, that’s just two of the situations on the financial front. But we are now reaching a breaking point in trans-Atlantic civilization. Let me emphasize two other aspects of why we are in a decaying, collapsing, destructive society both in the United States and in Europe.
In the United States, apart from the abysmal collapse of real production, you have a drug epidemic which was highlighted by several articles in the New York Times in the last several weeks, based on a study from Princeton, and another one from the CDC.
These studies show that shockingly, the death rate in the United States for white males in all age groups is increasing to such an extent that it outweighs and erases the progress in medicine. In the age group of white Americans—not black, not Hispanic, but white Americans—between 24 and 35, the death rates from suicide, alcoholism, or drug overdose has increased 500%. There is presently in all 3007 counties of the United States, an increase, a doubling or quadrupling of the suicide rate; there are 125 people per day committing suicide or dying from drug overdoses. That is five people per hour; so, since we have been here, five people have died. It’s one every 12 minutes, and it is a sign of a dying society. This increase has happened since 2001, and you can think for yourself which Presidencies have been in charge since then. And just from that figure, you can conclude that you do not have good government in the United States.
The European Crisis
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