114 lines
5.3 KiB
Plaintext
114 lines
5.3 KiB
Plaintext
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Conspiracy Nation -- Vol. 10 Num. 75
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=======================================
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("Quid coniuratio est?")
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STOP THE PRESSES!!!
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===================
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Lyndon LaRouche, Nut Case, Warns . . .
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"THE WHOLE, BLASTED INTERNATIONAL FINANCIAL
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AND MONETARY SYSTEM IS FINISHED!"
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In an eerie parallel to the words of Fred G. Sanford, the late
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Watts junk dealer known for his frequent exclamations that, "This
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is it! This is the Big One!" heavy NutraSweet imbiber Lyndon
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LaRouche is once more warning about a "Big One," soon to cause a
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worldwide financial crisis.
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Those who have followed the mutterings of the "Chicken Little of
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economics" over the years are, of course, quite accustomed to Mr.
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LaRouche's constant "the sky is falling" predictions. At regular
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intervals, the diet soda-guzzling prognosticator of doom has awed
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his worshipful followers with the equivalent of "big mountain
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gonna blow," "jungle drums say bad medicine" and "singing wire
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says scarey stuff." And, the worshipful followers, known as
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"LaRouchies," crouch, huddled around coal-burning stoves, in
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dimly-lit quarters, and repeat their leader's mantra: "He say
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this... Helga (wife woman), she say that."
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It was bound to happen, and the canny LaRouche, by all
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appearances just an old Frenchy far from home, has been obviously
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not completely blinded by NutraSweet abuse: sooner or later, the
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market *will* crash. Then will come Phase II: screaming
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headlines in the LaRouche newspaper, "New Federalist,"
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proclaiming "LaRouche was right!"
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Particularly alarming to this editor has been the stunning rise
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in the stock market average, heralded nightly on network "news"
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broadcasts. Such an extreme in the stock market is extraordinary
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-- so extraordinary that it is hard to believe it's real (i.e.,
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based on solid, tangible growth, rather than on "the magic of
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numbers" (and the magic of paper and digital "cash")).
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And, in fact, Nick Guarino, editor of "The Wall Street
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Underground," has explained the surreal stock market highs as
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nothing more than a focused inflation. According to one writer
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(Jane H. Ingraham, "Fed's Inflation Charade," The New American,
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5/26/97), in the past 6 years, M3, a broad measure of the money
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supply, has gone up by about 20 percent. Guarino agrees:
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"...the [Federal Reserve] is supplying enormous amounts of credit
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liquidity to the markets... You can see this in the huge
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increase in the money supply. As measured by M2 and M3, money
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supply is the largest it's ever been. It is growing by record
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amounts." And where is the money going? It is, in large
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measure, going into the stock market.
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Not to pay too much attention to the man I call, "the wacky
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Frenchman," but LaRouche's newspaper does quote some possibly
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credible sources in its latest "the sky is falling" article ("BIS
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Admits The System Is Finished," by John Hoefle, New Federalist,
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6/23/97). Here are excerpts:
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** Brussels: senior official of German Finance Ministry
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gives off-the-record briefing to reporters. Reportedly
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says the un-named official: "financial shocks in the
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international markets" in September and October.
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** A "senior Italian strategist" warns LaRouchies, "I am
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told some financial movements will be occurring, that will
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bring about some shocks." When? "After the summer
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holidays."
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** Reportedly says Morgan Stanley strategist Barton Biggs,
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"I have the feeling we are setting up for something out of
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the blue. Something with the stunning violence of a punch
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in the mouth when you aren't expecting it. The dog days of
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summer have often been the time for brutal muggings of
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investors by markets."
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One thing is certain: Lyndon LaRouche has long-since realized
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and benefited from his own insight into "the profits of doom."
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(Say, "The sky is falling" and watch the zombies join your
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cause.) And someday, LaRouche will be, "Was Right!" (will say
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his zombie newspaper.)
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+ + + + + + + + + + + + + + + + + + + + + +
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For related stories, visit:
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http://www.shout.net/~bigred/cn.html
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http://feustel.mixi.net
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Views expressed do not necessarily reflect those
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of Conspiracy Nation, nor of its Editor in Chief.
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(1) telnet prairienet.org (2) logon as "visitor" (3) go citcom
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Aperi os tuum muto, et causis omnium filiorum qui pertranseunt.
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Aperi os tuum, decerne quod justum est, et judica inopem et
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pauperem. -- Liber Proverbiorum XXXI: 8-9
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