Oct. 30 2008 (LPAC)-- A couple of days after having participated on a public debate on LaRouche's new Bretton Woods, Senator Mario Baldassarri has announced his New Bretton Woods motion in an interview with the financial daily Il Sole 24 Ore, Oct. 28. "The serious international financial crisis is in reality only the tip of the iceberg. Behind that, there are unbalances of the world economy, which are much deeper and radical and which today demand a comprehensive resetting of the governance". "This is how Mario Baldassarri, chairman of the Senate Finance Committee, motivates his decision to introduce, in the name of the PdL (Berlusconi's alliance party, ed.) a Motion that binds the government to act in international fora to promote a new Bretton Woods."

Baldassarri's motion (1-00036) is a copy of Peterlini's motion (1-00029), without LaRouche's name in it. In the interview, Baldassarri calls for the G8 to be enlarged to China and India. "On one side we have the United States, consuming more than what it produces and with a current account deficit equal to 7% of GNP... On the other side, there is China, who consumes less than it produces, has huge savings and, so far, used it to buy US debt... The G8 as we know it should be reformed... In five years, China will have the largest GDP followed by USA, Japan, Russia, India, Brasil, Korea... We cannot go on saying: we decide in the G8 and after, we invite China and India, two countries who account for one third of the world economy."

Baldassarri unfortunately calls also for a "full political sovereignty of Europe" the "United States of Europe".