December 28, 2007 (LPAC)--"The dollar might no longer be the source of the U.S.'s power, but instead a factor in its decline," was the conclusion which commentator Daniel Dombey cheerily reached in his column in the Dec. 28 edition of the City of London's mouthpiece, the Financial Times.

Asking whether the dollar's decline could "undermine Washington's place on the international stage," rather than just being confined to the financial world, Dombey answers his own question by presenting, and implicitly supporting, the sophistry of Council on Foreign Relations' official Ben Steil.

Lyndon LaRouche had attacked Steil on April 30 when he called for the replacement of sovereign currencies for three imperial world currency blocs, which would ultimately be run by the British Empire. That proposal, LaRouche said, was an attempt to destroy nations and to revive the "Persian Model" of a "concert of global empires."