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Supplement #2Transcript: The Emergency Message to the Nation Lyndon H. LaRouche, Jr. September 1, 2007 This is Lyndon LaRouche speaking. We are faced with the greatest financial crisis, globally, which has been known to humanity in centuries. This goes far beyond the experience of the immediate period following the World War, such as the Great Depression of 1930s, but we can handle it. The problem is, right now, that the President of the United States, the office which should have taken leadership in preparing to defend our nation against the most terrible depression in memory, which is now oncoming, requires us to take special measures, through other agencies, to protect the American people, and other things, until the time that we can get the kind of reform we need to get out of this. Our immediate concern must be to save the United States from being destroyed, and that is really a possibility, by what is now oncoming. This is the greatest financial collapse, of a form similar to what happened in Germany in 1923, that we have known in living history of our time. In my time, as well as yours. However, we can handle this problem. It requires mobilization of the Congress, to take an action which will create the equivalent of a firewall against the destruction of essential economy, and of the lives of our people. That can be done. It must be done by the Congress within the month of September. There is a certain amount of receptiveness to the idea of doing something about this, growing and spreading within the Congress, and elsewhere. That's there. I've produced a piece of proposed conception of legislation, which will do the job. I have proposed legislation by the Federal government, which will go into emergency implementation, which must be passed within the month of September, because the month of October is enormously dangerous: We dare not risk proposing anything beyond the early part of September. The action must occur by both Houses within September, as emergency legislation, with sufficient support from both Republicans and Democrats in those bodies, to create a bill which will resist a Presidential veto, a veto-proof bill. If we do that, we may find a depression hitting us in October, which will be far worse than that of 1929-1933. But! If we protect our banks, even if they're bankrupt, and if we protect our homeowners, so none of them are evicted because of this crisis, then, in the month of October and later, we can clean up the mess, and start the process of a general recovery. We need to mobilize to do that. Now, many people are coming up with so-called reforms and legislation. Most of what I've seen is absolutely worthless junk. The most stupid thing has come from the President of the United States himself, with his proposal. We're talking about millions of evictions coming down now. Now, to understand this, you have to recognize that there has been a collapse, as most of you should have known by looking around you in your cities and towns, and so forth. Our industry and agriculture have been destroyed. Oh, we have some farming done and so forth, but we don't have many farmers left. Our people, as in the case of the collapse of the auto industry, we have lost the ability to produce not only products, but to produce a basis for a decent standard of living for the people in states such as Michigan, Ohio, Indiana, and so forth. And this is characteristic of what's happened around the world as a whole. This is our problem. We can fix this, but we must hold the line. We must have immediate emergency legislation--with no funny stuff, with no little simple reforms, with no gimmicks--of the type I've proposed. It must be enacted during the month of September. It must treated as emergency legislation, according it that kind of priority by both Houses of the Congress. It must produce veto-proof legislation from both Houses of the Congress. It must mobilize Democrats and Republicans, alike, without discrimination. No one is out to cut anyone else's throat; we're out to save the nation. And that's the way we must approach this. It must be done. || - page index - || - chapter index - || - Exit - ||
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