August 17, 2007 (LPAC)--According to Lyndon LaRouche, the decision by the U.S. Federal Reserve on Friday to lower the discount rate changes nothing. It only means that powerful people were being bankrupted and members of the club wanted to be bailed out.

LaRouche said that he himself is hearing, even from governments: Tell me it's not happening. But the fact is the system is coming down. It is finished.

This is not something that will happen at the end of the year. That is Cartesian thinking at best. Everything is right now. The end of the year is now.

There are no trends except the collapse of the system. There are no countervailing micro-trends which will change that. At the present rate the collapse will occur in September-October. The only trend which exists other than the collapse trend is LaRouche's own program to reorganize the world financial system and launch reconstruction. LaRouche's policy against the collapse is thus the only counter-trend.

We are at the point of singularity. The singularity is now. As of now October is the deadline. It could change, but the indications of such a change would become conspicuous. Catastrophe is the trend. People's nerves are being tested. We are in a breakdown crisis. People are frightened. Don't lose your nerve.

There is nothing important in which LaRouche PAC and our supporters are not the prime factor. All the important issues are our baby.