Emergency Webcast To A Nation On the Verge of Financial Catastrophe

Emergency Webcast To A Nation On the Verge of Financial Catastrophe, December 23, 2015


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Join us at 8 PM eastern Wednesday night for an emergency webcast event featuring Jeff Steinberg & Matthew Ogden, followed by a live Fireside Chat discussion with Lyndon LaRouche at 9 PM. These back to back presentations are part of an emergency mobilization Mr. LaRouche launched Tuesday evening to marshal the sane and patriotic forces in the United States and Europe to handle the blow out of the transatlantic financial system on the eve of the New Year. Stay tuned to LaRouchePAC.com for more!


Make Sure There Is a New Year: Dump Obama and Wall Street!

https://larouchepac.com/20151223/make-sure-there-new-year-dump-obama-and-wall-street

Join us at 8 PM eastern tonight for an Emergency Webcast event featuring Jeff Steinberg & Matthew Ogden
In the crash process already underway of the entire, dead Trans-Atlantic Financial System, there are now cases by the hour, of insolvencies and withdrawal-runs, while on Jan. 1, a raft of “official” measures take effect, which will add nuclear fuel to the fire. Lyndon LaRouche said of this process last week,

“What you’re getting is an accelerated rate of crisis. The rate of acceleration—the self-acceleration of the process—is such that, within one week, the whole thing could be wiped out. We’re in that kind of situation.”

We are at a point of do-or-die challenge this Christmas: either we force action to re-instate Glass-Steagall and the related emergency measures, or else, it’s mass hell and damnation.

Monday’s Wall Street Journal presented a review of the latest updates on the financial disintegration, by recounting the names of the hedge funds which have gone under, and also covering the situation of several more prominent firms, which are nominally in business, only by imposing “deferred payment” to client speculators, who want to cash out. For example, a unit of the infamous Carlyle Group LP, Claren Road Asset Management, is expected to have, as of Jan. 1, a sum of $1.25 billion under their management, way down from $8.5 billion they had just 15 months ago, before their client-investors began demanding mass-withdrawals over 2015. However, since the Claren Road operation has imposed a “delayed-repayment” policy for six months, the imputed year-end $1.25 billion does not even cover the outstanding demands deferred over the third and fourth quarters of 2015. The same situation applies to many other Wall Street houses of speculation, whether big names or small fry.

The bums are bankrupt! Some of the withdrawals and sell-offs taking place, besides being a stampede for the exits, are due to attempts to meet contracts and reserve requirements, but that very fact marks that the system is gone. Then comes Jan. 1, with many new detonation points.

In the European Union, new rules for bail-in go into effect on Jan. 1, after the bail-in policy has already been implemented in Cyprus, Italy, Portugal, Spain and elsewhere, with killer consequences. The official name of the EU measure, is Article 55, titled, Bank Recovery and Resolution Directive (BRRD).

In Eurasia, on Jan. 1, the Ukraine free trade accord with the European Union goes into effect. At the same time, the Dec. 21 talks among Russia, Ukraine, and the EU on how to proceed, fell apart. “Ukraine is going down,” LaRouche noted. They cannot get anywhere.
In the Americas, as of Jan. 1, Puerto Rico, with no action taken by Washington, D.C., is on track for default.

Overall, on Jan. 1, the third installment of the Basel Accords is to take effect. What the 2016 Basel III rules do, is order banks to sell masses of deadly bail-in bonds; in other words, banks must issue “rat poison” to savers and investors. This stuff goes under the rubrics of “long-term,” or “loss absorbing,” or most elegantly, “Basel III-compliant” bonds.

Add in the Obama/London war drive, and the consequences of allowing this insanity to continue another day are deadly. LaRouche is sounding the call for “a mobilization of the willing”—those willing to see the problem, and those willing to act.

Join us at 8 PM eastern Wednesday night for an emergency webcast event featuring Jeff Steinberg & Matthew Ogden, followed by a live Fireside Chat discussion with Lyndon LaRouche at 9 PM. These back to back presentations are part of an emergency mobilization Mr. LaRouche launched Tuesday evening to marshal the sane and patriotic forces in the United States and Europe to handle the blow out of the transatlantic financial system on the eve of the New Year


Join us at 8 PM eastern tonight for an Emergency Webcast event featuring Jeff Steinberg & Matthew Ogden

https://larouchepac.com/20151223/emergency-christmas-eve-message-january-1st-doomsday-only-fdr-action-can-save-you

President Barack Obama and the entire U.S. Congress have betrayed you, the American people, by refusing, out of cowardice, to take the necessary emergency actions to prevent the greatest financial and economic crash — far worse than 1929 and 2008 — from happening in the hours and days just ahead. Unless you, the American people, stand up and demand immediate action, the nation and much of mankind is facing catastrophe at the start of the New Year.

The entire trans-Atlantic financial system is about to blow. In just the past few weeks, $15 billion in junk and investment grade bonds have been wiped out. This is but a harbinger of an imminent total crash of the trans-Atlantic financial bubble. As of Jan. 1, 2016, a $72 billion debt bubble is set to explode in Puerto Rico. Congress had the opportunity to act to prevent this before leaving town, but failed to act.

An estimated $5 trillion in debt, tied to the collapsing U.S. domestic shale oil and gas sector is blowing up. In Western Canada, this bubble has already been shattered, triggering the loss of 100,000 jobs in 2015 – the equivalent of 750,000 jobs lost in the United States — a crash of the real estate market, and a social breakdown. That same crisis is coming to the United States, at an accelerating rate, but on a much larger scale.

In Europe, starting on Jan. 1, 2016, new laws go into effect, eliminating all protections for bank depositors, who will have their savings stolen under “bail-in” regulations, as has already happened in Cyprus. More than 10,000 Italian depositors had their savings “bailed in” (expropriated] in the collapse of four banks this month. The same measures are included in the Dodd-Frank bill here in the United States. If your bank collapses, your life savings can be stolen to save the bank. It can and will happen here, thanks to the cowardice and corruption of your elected officials, who have kept you in the dark and violated their oaths of office.

Congress had the chance, before leaving town, to prevent this now onrushing crisis. They were warned. They could have passed bills, already introduced in both Houses of Congress, to reinstate Glass-Steagall, the FDR legislation that broke up the Depression era too-big-to-fail banks, by separating commercial banking from all of the gambling activities. But Congress was bought out by Wall Street and failed you. President Obama is a wholly-owned creature of Wall Street and London. Wall Street is hopelessly bankrupt, and they intend to cling to power by stealing your money, wiping out your health care, and shutting down what is left of the real economy. Within days or weeks, you could be facing food shortages, hyperinflation and a complete breakdown of everything you think of as normal.

President Obama, on behalf of Wall Street and London, is also provoking confrontation with Russia, driving the world towards global war, a war that some top American and Russian military commanders warn could rapidly become a war of thermonuclear extinction.

On Jan. 1, 2016, under U.S. and International Monetary Fund approval, Ukraine will default on $3 billion in debt to Russia, an act of open Western provocation against Moscow, on top of the already ongoing sanctions, the eastward expansion of NATO and other acts of direct military provocation.

This is all deadly serious. The world is on the cusp of a worse than Great Depression crash and a new world war. You must now act because your elected officials have abandoned you out of cowardice and corruption. They, along with President Obama, deserve your derision and anger, for their cowardly behavior.

There are solutions readily available. Wall Street must be shut down immediately. Not one penny more to bail out these criminals! Congress must remove Wall Street puppet Barack Obama from office, through impeachment or through invoking the 25th Amendment, which provides for the removal of a President from office who is mentally unfit to continue to serve. Glass-Steagall must be immediately reinstated, and a series of initiatives must be taken, all modeled on what the great American President Franklin Roosevelt did in his first months in office, to create millions of productive jobs, rebuild the nations collapsed infrastructure, and restore the nation’s dignity.

Congress can take these actions in a matter of hours, but they will only act in time if you wake up and demand it.

The alternative is Hell on Earth, by the start of the New Year. Do you, your friends, your neighbors, have the moral fitness to survive? That is the question on your table this Christmas Eve.

Join us at 8 PM eastern Wednesday night for an emergency webcast event featuring Jeff Steinberg & Matthew Ogden, followed by a live Fireside Chat discussion with Lyndon LaRouche at 9 PM. These back to back presentations are part of an emergency mobilization Mr. LaRouche launched Tuesday evening to marshal the sane and patriotic forces in the United States and Europe to handle the blow out of the transatlantic financial system on the eve of the New Year.

2 comments

  • theunhivedmind

    Lyndon LaRouche is a very respectable figure and so I highly suggest you take his words as a real possibility and thus attempt to protect yourself if you hadn’t already. We were also warned earlier in the year by Lindsey Williams that this point in time would occur. Lindsey has been wrong on many occasions with different so-called insider predictions but we always have to note possibilities and right now his last set of economic predictions may be coming true. I personally believe the full economic collapse will occur around May of 2017. Right now there are very dangerous indicators happening that are showing that the economy is at an ever sharpening knife point. I strongly suggest you take control of all your finances by any means you feel fit whether that is removing cash from the bank and holding onto it personally or transferring it into some other form outside of the banking system. The first defense you have is to hold onto your earnings and never have a third party like a bank. We could have a currency devaluation at any time and thus your savings will be worth less than they once were but I believe the first strike will be a bail-in and thus you’ll lose all your savings. I’m sure you’d prefer something rather than nothing right? You absolutely must take control of your own savings from now on and then think about investing them wisely outside of the Synagogue of Satan monetary debt system. If you decide to continue to play in the Synagogues of Satans debt game by holding onto toilet paper then I strongly suggest a safe that is capable of protecting the loo roll from both flooding or fire. Many banks now have restrictions in place to prevent bank runs and so this means you might have to pull out cash over a period of days so you’ll have to start pulling right away or at first signs of trouble. If the banking system has a complete crash then there will not be much time and it could go overnight so be wise. It’s definitely your last time to get in a safe economic position so take it while you can. If nothing happens then who cares you’re safe either way but rest assured the economy as we know it will be no more by May 2017. I’ve spoken for some years now about 2017 and occasionally put out the odd danger points in between past and 2017.

    ☆´¨)
    .·´ ¸.·★¨) ¸.·☆¨)
    ★(¸.·´ (¸.*´ ¸.·´
    `·-☆ The Unhived Mind

    • theunhivedmind

      http://www.lindseywilliams.net/

      World Wide Financial Collapse Scheduled for between September and the end of December 2015!

      By James Harkin on Wednesday, June 10th, 2015 | 393 Comments

      WARNING!

      From Lindsey Williams: I just received an email from my Elite friend.

      My Elite friend indicated that they have a World Wide Financial Collapse scheduled between September and the end of December 2015!

      You may have just THREE (3) months to prepare!

      World Wide Financial Crash Sep-Dec 2015 – Full Newsletter

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