September 23, 2008 (LPAC)--Lyndon LaRouche today warned Secretary of the Treasury Henry Paulson that his bailout scheme, particularly its demand, in Section 8, for absolute dictatorial decision-making powers over all aspects of the trillion-dollar bailout, "is straight-out fascism. And the American people will never tolerate this.'' LaRouche candidly added, "The American people are being screwed, and they shall not take it kindly, I would hope.''

In the past 24 hours, a handful of people have begun to join LaRouche in calling this looting swindle for what it is. In a column in today's New York Times by David Brooks, three critics of the bailout scheme were quoted. William Greider warned, "If Wall Street gets away with this, it will represent an historic swindle of the American public--all sugar for the villains, lasting pain and damage for the victims.'' Christopher Whalen of Institutional Risk Analytics wrote, "The joyous reception from Congressional Democrats to Paulson's latest massive bailout proposal smells an awful lot like yet another corporatist love fest between Washington's one-party government and the Sell Side investment banks.'' But Brooks himself added, "If you wanted to devise a name for this approach, you might pick the phrase economist Arnold Kling has used: Progressive Corporatism. We're not entering a phase in which government stands back and lets the chips fall. We're not entering an era when the government pounds the powerful on behalf of the people. We're entering an era of the educated establishment, in which government acts to create a stable--and often oligarchic--framework for capitalist endeavor.'' Economist Kling commented, on his own website, hours after the Brook article appeared, musing, "Progressive corporatism--I guess it goes down easier than liberal fascism.''

Indeed, more than 30 years ago, Lyndon LaRouche warned about the dangers of "fascism with a democratic face,'' and singled out the David Rockefeller interests as the chief American architects of this fascism. Today, the same Rockefeller interests are driving the outright corporatist/Fascist schemes of the likes of Felix Rohatyn, including his so-called Public Private Partnership Initiatives, which have been aggressively peddled by Rohatyn clones, Rockefeller Foundation director Judith Rudin, New York City Mayor Michael Bloomberg and California Governor Arnold Schwarzenegger.

"They are all fascists, of the classic fascist/corporatist tradition,'' LaRouche noted, "especially Felix 'The Fascist' Rohatyn. I don't know why more people don't have the guts to just call it for what it is: straight-out fascism. Maybe they are just afraid the American people will, sooner or later, greet them with pitch-forks.''