“The actual, strategic purpose and function of competent economic forecasting, is not to attempt to predict what will happen, but to cause it to happen.”
Lyndon H. LaRouche, Jr.
“When Fate Hangs on a Forecast,” Sept. 7, 2007
A Note To Readers
LaRouche’s words, above, reflect the intent of our first Treasury Secretary Alexander Hamilton in his establishing of the First National Bank of the United States to facilitate industrial and infrastructure development for the young nation. Lyndon LaRouche’s Four Laws for Economic Recovery, our ongoing series under our title Feature, this week focuses on the Second Law: A National Credit institution, either a National Bank, like established by Hamilton, or, perhaps, one called a National Infrastructure Bank.
It is fitting and proper to lead this week’s report with the quotation from LaRouche, as yesterday was the one year anniversary of his death– February 12, 2019. February 12 is also the birthday of another American System hero, Abraham Lincoln, who, like Hamilton, created a national credit system during the U.S. Civil War, called the “Greenbacks.” For more, see below: “When Fate Hangs on a Forecast.”
In This Week’s Report
“The last time the San Francisco Bay Area suffered through a bone-dry February, Abraham Lincoln was in the White House and the nation was in the grips of the Civil War.” That summarizes our weather report this week. More generally, the drought word is more frequently mentioned.
Under the title, “Old and New Discussions on Managing the Water,” we cover the governor being a “peace maker,” water storage projects going nowhere, and the forecast that 500,000 acres of the best farm land in the world shall be fallowed.
President Trump’s budget plan announced $188 million for Sacramento District projects. Then a very short item: “Most Americans’ View of the “Climate Change” Issue: Ho-Hum.”
Demonstrating that “Without Industrialization and a Full-set Infrastructure, Nations Can Die,” is the report on the massive Locust breakout in East Africa.
Under the title, “The Apollo Project, and Now the Artemis Project Will Drive Forward Science, Technology and Infrastructure,” you will find several items on the NASA budget proposed by the Trump administration and a very excellent editorial by my friend Kesha Rogers of Larouche PAC.
Then commemorating the one year anniversary of the passing of Lyndon LaRouche is an article with quotes from himself and his wife Helga.
Finally, the Feature is Part III of the series on LaRouche’s Four Laws.
