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Debt Free The return to what Lyndon LaRouche describes as the “Glass-Steagall standard” is an essential component of any successful effort to pull the United States out of its second Great Depression, and avoid a collapse into a global New Dark Age. The term “Glass-Steagall standard” refers both to the Glass-Steagall Act of 1933, which created a legal firewall between commercial banking and speculative “investment” banking, and its founding principles. The Glass-Steagall Act was one of a series of reforms initiated by President Franklin Roosevelt, designed to break the grip of the Anglo-American financiers led by JP Morgan over our nation’s economy, and reassert national sovereignty … by John Hoefle See link below for entire paper. The Banking Act of 1933, or Glass-Steagall Act, was crucial in enabling Franklin Roosevelt to rein in the usurious powers of Wall Street and establish a sound foundation upon which a sovereign economic recovery could be brought about. The act formally and legally split commercial and deposit banking from so-called investment banking, in order to protect legitimate and productive functions of banking, from, among other things, speculation. • It is Tantamount to War! Sink the Inter-Alpha Group By Lyndon LaRouche outlines several key steps immediately requisite to saving the world economy, now. The Original Banking Act of 1933 www.archive.org Understand the 25th Amendment Section 4 www.larouchepac.com LaRouche on the Subject of Strategic …
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