September 24, 2007 (LPAC)--Commenting on the Herbert Hoover-like delusion expressed by some Democrats and others that the present financial crisis is not a breakdown crisis, Lyndon LaRouche said today that if people in the Democratic Party continue to hold on to this incompetent opinion we may find ourselves losing the nation and civilization. This is a breakdown crisis. It was forecast by Lyndon LaRouche and that forecast is proven to be correct beyond any doubt. Unfortunately some Congressmen have been sucked into the view that the current crisis is not a breakdown crisis under pressure from hedge funds among others. To the extent that they continue to hold that incompetent view, the solutions which they offer are also incompetent. Moreover, they are delaying on erecting the necessary firewall as proposed by LaRouche to protect homeowners and state and federally chartered banks.

LaRouche emphasized that there is no room for compromise. Anyone who says this is not a breakdown crisis should be told the he or she is incompetent and that the price for that incompetence is beyond anything they're willing to pay. Because of such incompetence we may lose the nation. Therefore any opinion that this is not a systemic breakdown crisis is not only incompetent, but a threat to the welfare of the nation.