October 6, 2008 (LPAC)--As underscored by the featuring of economist Lyndon LaRouche on Russian TV Rossiya's prime-time Sunday news round-up on Oct. 5, suddenly, LaRouche's policy for pulling together an emergency alternative to the ongoing world economic cataclysm, is succeeding--so far--against the long-standing opposition directed against it.
The most significant developments thus far, include the following.
At the same time as the Russian TV broadcast, LaRouche commented on October 5th, the whole European Maastricht system is disintegrating, with the deliberate break-up led by French President Nicolas Sarkozy and others. "There's a complete coincidence between what the Russian TV quoted from me," LaRouche said, "and the policy and the circumstances of the policy that has now essentially gone through in Europe, as the outlook of Europe, and that is coming out of the G-14 grouping."
The informal G-14 group of nations includes the G-8 major industrial powers (including Russia), and China, India, South Africa, Brazil, Mexico, and sometimes South Korea, Australia or Nigeria.
"So the whole G-14, implicitly by this broadcast and by the things coming from France and so forth, is saying that the entire system is going through reorganization, and that it's going towards a Roosevelt-style system, a Roosevelt-style reform."
"This is a G-14 pattern," LaRouche stressed; "They want a change in policy. The G-14, with a leading role taken by the President of France, Sarkozy, is going towards what it describes as a New Bretton Woods system, and is holding back and suspending the conditionalities of the Maastricht system. The ongoing breakdown of the financial system in Europe is not really a suffering by everybody in Europe; in some cases it comes in the form of a liberation. They are now saying: `Screw the Maastricht agreement; we don't have time to waste on that b.s. Instead we are going to go ahead with certain emergency measures in the direction of Franklin Roosevelt's reforms.'
"The Europeans are acting," LaRouche stressed. "They are acting their way: not my way, but their way. That's what is happening. There is an agreement that the present IMF system is implicitly dead--that we're going back to something like the Roosevelt system--and that is coming from sources such as the President of France. It involves not just Europe, it involves also the G-14."
It is in this context that the ongoing pattern of emergency actions being taken by the European government, has to be understood. LaRouche added. They are doing things which will not stem the crisis, but which will lead them in the direction of taking the FDR-style measures between nations that are required. We summarize the pattern of actions here:
