LaRouche: September-October Will Be the Political Cracking Point

04 Sep 2008

September 4, 2008 (LPAC)--Today, Lyndon LaRouche pointed to the fact that the cracking point politically will be when people, especially in the northern states, have to sign contracts for heating oil. In the past people could get credit for one year based on their equity. However, now in the northern states, the number of people qualified to get a loan to heat their homes in the winter is collapsing.

LaRouche stressed that you have to look beyond "this week" into coming weeks. "The guy in streets doesn't think ahead. But in the coming weeks there will be a qualitative change in the perceived situation. This is going to hit hard in October."

Current estimates are that the national average price of heating oil will be $4.35 a gallon this Fall and Winter, with a typical house easily using 1200- 1500 gallons through the cold months in the Northeast and Midwest.