One Year Later: Lyndon LaRouche Webcast July 22, 2008

Description

July 18 2008 (LPAC)--On July 1, Lyndon LaRouche proposed emergency action by the US Federal Reserve Bank, to prevent social chaos, in the face of looming collapses of some leading US commercial banks and other financial institutions. LaRouche presented two emergency measures, aimed as stop-gaps, to prevent chaos. First, he called for the Federal Reserve to raise interest rates to four percent, in order to assure that institutional depositors maintain their deposits in the banking system ...