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Click here for Full Issue of Fidelio Volume 10, Number 1, Spring 2001

lic out of the great catastrophe which thirty-five years of national folly have dumped upon us now. . . . “The immediate, urgent practical importance of present- ing my candidacy now, is not the November 2004 vote; the issue is whether this nation reaches November 2004 intact. Some- one, a person actually qualified for this role, must place the S N

guidon on the top of the hill, to R I rally the forces into order of bat- E tle, around urgent, fundamental changes in economic policy, for LaRouche at Seminar the days and months immediate- ly ahead. At the moment, I am the only living person both situ- A Path to F.D.R.-Style Recovery ated and qualified to supply that quality of leadership. . . . “The Democratic Party’s For Russia, U.S., Europe campaign for the year 2000 elec- tion-campaign, was a terrible ‘ s we plunge into the worst global required was previewed by the partici- mistake, a terrible error of sub- Afinancial crisis in more than a cen- pants in the seminar themselves, which stituting unprincipled political tury, only among those three national included leading representatives from opportunism, in place of judg- powers which were principal victors of Russia, , , and . ments based upon honest princi- World War II, the British monarchy, the ple. To resume its proper role, , and Russia, do we find the America’s Economic Collapse the Party need not resort to pub- historically defined, cultural tempera- EIR’s Lothar Komp opened the seminar lic mea culpas; it will be suffi- ment needed, to lead the introduction of a with a presentation on “The World cient to signal the turn, by doing desperately needed, new world economic Economy in a Dive—The Basic Econom- the right thing, for a change. order for the planet as a whole. Only in ic-Financial Data, with Focus on the “This means a return to the two of those three, the U.S. and Russia, U.S.A.” Komp was followed by principles set forth in the 1776 do we find any inclination among leading LaRouche, whose keynote stressed the Declaration of Independence political institutions, to look back to the need to revive the intention of the Ameri- and the Preamble to the 1787 successful U.S. recovery policies of the can intellectual tradition, which was Federal Constitution. This means, 1933-1945 Roosevelt era, and to the 1945- shared by Lincoln and Roosevelt, in order once again, a repudiation of the 1965 reconstruction of Western Europe, to build up Eurasian cooperation that will legacy of Theodore Roosevelt, as the basis for challenging the rampant be beneficial to the entire planet. of Ku Klux Klan enthusiast follies practiced under the present I.M.F. Other presentations included: Woodrow Wilson, of Coolidge, and World Bank systems.” • Dr. Kurt Riechebächer, noted econ- and of Nixon and Carter, too. It With these words, American states- omist and publisher of the Riechebächer means to do what is equivalent, man and economist Lyndon LaRouche Letters, read a prepared statement enti- for today, to what Franklin Roose- opened his remarks at a March 5 Berlin tled, “Today’s American Economic velt did in his campaign of 1932. seminar attended by approximately 100 Model: ‘After Us, the Deluge.’” Our nation’s survival, and also policymakers, diplomats, and citizens. • A speech on “Globalization, Multina- that of your family, depends LaRouche’s subsequent remarks elabo- tional Concerns, and Labor Power,” by Dr. upon making that kind of rated his unique vision of how, despite Nino Galloni of the Italian Labor Ministry. change, now. the disastrous Bush administration, the • A paper entitled “Remarks on an “I take my stand. We shall intention of Franklin D. Roosevelt’s Overdue Reorganization of the World sort out the succession in the General Welfare policy could be ful- Monetary System,” by Prof. Wilhelm leadership as the fight develops filled today, by collaboration between Hankel, former chief economist of the over the weeks and months to the U.S., Russia, Western Europe, and post-World War II Kreditanstalt für come.” other leading Eurasian nations. Wiederaufbau (Frankfurt), was read. The kind of international dialogue • Professor Dr. Sc. Tatiana Ivanov-

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© 2001 Schiller Institute, Inc. All Rights Reserved. Reproduction in whole or in part without permission strictly prohibited. Conference Hears ‘Eurasian Land-Bridge’ Proposal

conference on “The Threat of a Cri- development of the “Eurasian Land- Asis of Global Reserve Currencies” Bridge,” as the basis for creating a new took place on March 6-7 near Moscow, at global financial and economic order. the Bor resort center belonging to the Tennenbaum’s presentation was administration of the Russian President. prominently reported by the Russian Sponsored by the Russian Federal Foun- business news service RBC, as well as in dation for Appraisals and the Institute for an interview with the national radio sta- S N

R Crisis Studies, the gathering was attended tion Radio Rossiya. The Russian transla- I E by some 200 persons, including several tion of LaRouche’s paper “On a Basket Left: EIR editors Lothar Komp and members of the Russian lower house of of Hard Commodities: Trade Without Michael Liebig flank Lyndon LaRouche; Parliament (Duma), representatives of the Currency,” and the call by Italian parlia- at right, Dr. Nino Galloni, Italian Labor Russian Economics Ministry and of the mentarians for a New Bretton Woods Ministry. Above: Professor Tatiana governments of Moscow and several Russ- Conference, were distributed among Ivanovna Koryagina, Russian Ministry for ian regions, the Association of Russian participants, and later placed on the Economic Development and Trade. Banks, several dozen banks and financial website of the conference. consulting firms, as well as economic insti- Other speakers included the well- na Koryagina, from the Macroeconomic tutes, foreign embassies, and major press. known economic analyst Mikhael Research Institute of the Russian Min- The first speaker was Schiller Institute Khazin (co-author of a recent Russian istry for Economic Development and scientific adviser Dr. Jonathan Tennen- book The Crash of the Dollar); Mikhail Trade (Moscow), spoke on “The Cur- baum, who presented Lyndon La- Delyagin, economics adviser to Russian rent Situation and the Development Rouche’s analysis and programmatic pro- political figures Yevgeni Primakov and Perspectives of the Russian Economy.” posals for reorganization of the world Yuri Maslyukov; Alexander Anasimov, In the discussion periods, Prof. Koryagi- financial system. Tennenbaum’s 40- a leading Russian expert on the Chinese na presented chilling examples of the minute presentation focussed on the his- financial system; two members of the utter poverty into which the majority of torical genesis of the ongoing global finan- Russian State Duma; an economics ana- the Russian people have been thrust. cial collapse, and the necessity for rapid lyst of the Military Academy of Russia; a • , who will be consolidation of long-term trade and eco- representative of the German Bundes- running for President of France, pre- nomic agreements, based on LaRouche’s bank; the Ambassadors of Malaysia and sented a paper on “Europe’s Tasks in the concept of a basket of commodities, and Venezuela; and several advisers to Russ- Creation of a ‘New Bretton Woods.’ ” pivoted on large-scale infrastructure ian financial institutions.

Italian Parliament Hears Call for New Bretton Woods n March 8, eight Senators of the Italian government: take those measures required to elim- OCentro Democratico Cristiano “To promote concrete measures to inate the mechanisms which led to (CCD), an opposition party, presented contribute to the stabilization of the the financial instability and to imple- a motion calling for a New Bretton international monetary system, and to ment programs to restart the real Woods before the Italian Parliament. assure a real sharing of the benefits economy; The Senators were all active in the that a sane and more just world econo- “To bring this proposal to the Stras- organizing of the Interparliamentary my could produce, particularly for the bourg European Parliament, to the Group for the Jubilee 2000, and developing countries; European Commission, and to all insti- wished to signal their intent to main- “To undertake, in particular, the tutions of the European Union respon- tain the commitment declared at the initiative to propose in the interna- sible for the E.U. economic policies, November Jubilee Conference held in tional forums, the convening of a new and through bilateral agreements, to . More than 5,000 parliamentari- conference at the level of heads of individual European governments; ans from around the world participat- states and governments, similar to the “To support similar initiatives pro- ed in that conference. one organized at Bretton Woods in moted by other governments and Par- The motion, which was published 1944, with the aim of creating a new liaments, in particular those of the in the Parliamentary Record, binds the international monetary system, and to developing countries.”

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