“The American system is the only one ever devised the tendency of which was that of elevating while equalizing the condition of mankind throughout the world. Such is the true mission of the people of the United States. To them has been granted a privilege never before granted to mankind — that of the exercise of the right of perfect self-government. But, as rights and duties are inseparable, with the grant of the former came the obligation to perform the latter.
“Well, what duties do American citizens think they have, other than voting? To raise the value of labor throughout the world, you need only to raise the value of our own. To raise the value of land throughout the world, it is needed only that we adopt measures that raise the value of our own. Through the substitute of true Christianity for the detestable system known of the Malthusian, it is needed that we prove to the world that it is population that makes the food come from rich soils. And that food tends to increase more rapidly than population, thus vindicating the policy of God to man.”
Henry Charles Carey
American System Economist and advisor to Abraham Lincoln
A Note To Readers
President Trump, over the past two weeks has taken several actions that reflect the early months of his Presidency as he promoted the “American System.” The president then cited Alexander Hamilton, Henry Clay, Abraham Lincoln and William McKinnley as his models for how he would run the U.S. economy. After three years of an attempted coup against him, and his administration personnel largely made up Wall Street scum, his actions now do put him on the pathway of adopting the entire package of LaRouche’s Four Laws. Four Laws for economic recovery in 2014.
Not only has he, like Lincoln and President Franklin Roosevelt, taken command, and through the Defense Production Act, ordered companies to produce what is required for our hospitals and healthcare workers, but this week announced that he was going to fight for $2 trillion to rebuild the nation’s infrastructure. And then today, President Donald Trump said that he would consider opening up Medicare and Medicaid to those nearly 30 million uninsured Americans as the coronavirus spreads across the US.
A good beginning, Mr. President. And, next as the first item below this introduction makes clear, his policy and that of Wall Street cannot coexist in the same universe.
The Feature this week focuses on the life and death battle reflected in the president’s policy versus that of the massive Federal Reserve ongoing bailout of Wall Street and London, which is pumping in several billion dollars every week attempting to plug the growing whirlpool of collapsing derivatives, corporate debt, and the rest of the everything casino. And, as Zepp-LaRouche stressed yesterday, “What we need is a completely new system. All the rules of the liberal economy, of the neo-liberal model, the cheap labor markets, the outsourcing, all of that has to be replaced; and it has to start with the immediate building of a world health system where a decent health system is being built up in every single country. That must be the beginning of an industrial revolution for the whole world. Nothing short of that will do. That means we need a New Bretton Woods system, and a new credit system to finance that.”
The Rest of This Week’s Report
The snowpack and the developing California drought is featured immediately after the article below. Slowly, the drought intensifies as the snowpack on April 1 is only about 50 percent of the average for this time of the year.
The Feature has seven sections, under the title: Trump vs Wall Street Is There For All To See
Section 1: Real economy collapses, but the Wall Street parasites gorge themselves.
Section 2: The real economy: The Kaiser report.
Section 3: Trump sounds and acts like FDR.
Section 4: Mobilizing the former “Arsenal of Democracy”
Section 5: Governors, China and Russia Join With Trump
Section 7: Malthusian and Eugenicists Unleashed Once Again
So, we begin:
