Executive Intelligence Review.

[sometimeman]

What must be understood, is that this is a political, not a financial, solution. The financial system has already died, and the current rigor mortis-like problems, are the effects of that death. The new system the bankers are trying to put into place is based upon pushing the costs of the failed system onto the public, through a combination of austerity and Enron/Halliburton-style privateering, imposed by fascism. The financial measures are aimed at keeping the public in the dark while the fascist apparatus is put into place.

The soaring price of oil, and the consequent price of gasoline, are effects of this bailout operation. The price of oil is set, not by OPEC, but by the financial markets, and so every time you fill up your car with $3-plus/gallon gasoline, you are paying a hidden tax to bail out the banking system. The same thing happens when you buy a loaf of bread, because of the speculation on wheat which has sent prices soaring. The hyperventilating you do when you fill up your car or buy groceries, is actually caused by the hyperinflationary collapse of the financial system, and these foolish attempts to save it.

This article appears in the www.larouchepub.com/eirtoc/2008/eirtoc_3512.html
March 21, 2008 issue of Executive Intelligence Review.