LaRouche: Paulson and Company `Chose Death, Over My Solution'

October 14, 2008 (LPAC)--U.S. Treasury Secretary Hank Paulson and Fed Chairman `Helicopter Ben' Bernanke announced at 8:45 this morning that they were adopting the latest British-driven "European" bailout plan, pumping $250 billion immediately into the stocks of U.S. banks, while the Fed pumps trillions into the global banks in short-term loans.

Lyndon LaRouche--the one economist who announced this full global banking collapse underway a full 15 months ago--called the new bailout strategy "Germany 1923 hyperinflation on a global scale, adopted as the only alternative to my proposal." LaRouche's "Plan B" is bankruptcy reorganization of banks by governments and a New Bretton Woods agreement.

"The system is therefore finished," LaRouche said. "This is going to be worse hyperinflation than Germany in 1923, unless we change the whole bailout policy now. The alternative was my policy. And they didn't do my policy, and hyperinflation is the result. This means the whole civilization is doomed, unless they change their minds and come back around to my policy."

"The various money-printing bailouts are unlimited--the hyperinflation will be unlimited," LaRouche added. "And now, the whole financial derivatives system is going to blow out. They're all idiots. And nobody has the guts to stand up to a stupid President--an insane President."

British Prime Minister Gordon Brown, the driver of the current lunatic bailout, was challenged by journalists at a London press conference Oct. 13, on why Alan Greenspan, "who created this whole problem," is now Brown's chief financial adviser and planner of this hyperinflation policy. Brown admitted Greenspan was the author of the bailout strategy. "Satan's little helper Greenspan," LaRouche commented: "This is Ayn Rand, turned loose."