Reflecting political reality in the country as a whole, in North Carolina, the Senate candidates of both parties are campaigning for a restoration of Glass-Steagall.

As the U.S. economy and financial system continue to careen into the breakdown crisis, there are four pieces of legislation before the U.S. Congress — one in the Senate and three in the House of Representatives — which would revive FDR's Glass-Steagall provisions.

It has happened as I had forecast it would occur within this relatively narrow interval of time. It occurred during the closing business days of that past week, in a time short of four decades, that since August 1971, when matters have now come to today‘s narrow, panic-stricken close. The effect has been, essentially, world-wide.

Several months ago, we posted an edited transcript of an extraordinary dialogue between Lyndon LaRouche and a group that had gathered in New York to discuss various elements of LaRouche’s proposed Four Power Agreement and related issues...

Lyndon LaRouche commented on Saturday that there is a very simple way to deal with PIMCO and other vultures who are planning a speculative killing based on the Federal Reserve's Weimar-style hyperinflation policy. "Enhance the value of government Treasuries, by increasing the stability of their worth. Downgrade the relative worth of the crap that these guys are buying into.

At the conclusion of Tuesday night's debate between LaRouche Democrat Rachel Brown and Rep. Barney Frank, Brown's campaign manager, Jenny Getachew, summarized the outcome: "The Earth just tilted a little bit more on its axis. In our direction!"

Sept. 7 (LPAC) – The LaRouche Political Action Committee has released a feature film, premiering September 7th, 2010 at www.larouchepac.com/gsfilm, titled “The Takedown of Glass-Steagall”, which details the seventy-five year offensive by Wall Street and London against the legacy of Franklin Roosevelt, and the life-or-death battle we find ourselves in now over the urgently needed reinstatement of Roosevelt's 1933 legislation.

The nationalized Anglo-Irish Bank posted record losses of EU8.2 billion, and revealed that the government was forced to inject a further EU8.58 billion into the bank to prop it up. Total state support to Anglo-Irish is now EU22.9 billion. This is a giant volume for Ireland, which has a GDP of EU179 billion. Last week, S&P forecast a total bill of EU35 billion.

A senior Washington intelligence source reported this morning that a serious fight has erupted inside the Federal Reserve over hyperinflation, and that people close to the Fed are going to be leaking details, which means the fight will intensify and become more public.

This is the week that Wall Street virtually died. The Federal Reserve System which was already attempting bail-outs within a virtually zero-percentile degree of hyper- inflationary...