September 15, 2008 (LPAC)--"Stop this bail out process! This is going to lead to hyperinflation!" Lyndon LaRouche demanded, in response to the actions taken today by the Fed and European central banks. "Stop it now. It's not going to work, it's crazy! It should stop. You've got to put the financial system under bankruptcy protection right now. Otherwise it's just going to blow out. People should come to their senses. Put the U.S. under protection now. Whatever isn't going to function, we put into bankruptcy reorganization. That's all. Anything that is in trouble goes into receivership."

LaRouche was responding to the move by a desperate Fed to pump an additional $96 billion into the banking system today, and moves by the European Central Bank, the Bank of England and the Swiss National Bank, to add some $55-$60 billion into the banks. The Fed injected capital three separate times today, to provide liquidity to panicked banks.

Speaking of the so-called leadership in Washington, LaRouche said: "These guys should be told they are crazy. They should be told that they should wait. Just wait. Don't do this stuff; it's crazy. The President is crazy; he doesn't understand. Wait until somebody gets him in a corner and beats him up and explains things to him. Somebody should get this dumb President, get him in a corner, try to get some sense into this poor fool's head, before the whole system goes down.

"He should shut up and listen for a change, because the poor fool is going to send the whole system down. He made a mess of the whole thing so far, and he should shut up and listen to other people for a change. He should get that coke out of his head finally. Obviously, if the President's behind this stuff, he's thinking like a coke-head."