Felix Rohatyn And the Nazis Felix Rohatyn And the Nazis - LaRouche

Congress Must LaunchEmergency Economic Action Now!In March of 2005, Lyndon LaRouche warned thatGeneral Motors was facing imminent collapse. He calledfor Congress to intervene with an emergencyreconstruction policy designed to save the industry as awhole, as a crucial component of a drive for overalleconomic recovery. He proposed that the Federalgovernment intervene by placing the productive capacityof the industry into government-supervised receivership,and then fund the retooling and expansion of that capacityto supply the components of desperately needed nationalinfrastructure projects. He stressed that any liquidation ofthe present structure of the physical productive capacitiesof the auto industry, especially its machine-tool sector,would do irreparable damage to our physical economyand mean not only the end of the U.S. as a leadingphysical economic power, but would also result in relatedkinds of chain-reaction damage to the world economy asa whole.The world financial system is already in a state ofmixed hyperinflationary and deflationary collapse, whichnecessitates instituting an FDR-style recovery program tosave civilization.The Congress’s failure to act then has brought us to thepoint that today, 65 major auto sector plants, with over 75million square feet of machine-tool capacity are being shutdown this year and next. These shutdowns will cost 75,000skilled industrial jobs directly, and 300,000 more throughimmediate radiating effects on smaller supply plants andmachine tool shops. What is about to be shut representsthe capacity to build over 2.5 million cars and light trucksa year. But, more importantly, in terms of urgent nationaleconomic investment, it represents a unique industrialcapability to build an urgently needed new nationalinfrastructure of transportation, power, and more.LaRouche has authored a statement of principle calledThe U.S. Economic Recovery Act of 2006. It calls onCongress to intervene to save our auto capacity now; toretool the 50% or more unutilized capacity of the autoindustry for production of new national infrastructure,particularly high-speed rail corridors and new electricitygrids centered on nuclear power. It gives us the opportunityto save ourselves; to turn our nation, and the world, onto acourse of prosperity, and away from the current descentinto a New Dark Age. Already, state legislatures inAlabama, Vermont, and Rhode Island have weighed in withmemorials to Congress demanding that Congress enact thisretooling legislation. They have been joined by city andcounty councils across the nation’s industrial heartland.We urge members of Congress, regardless of partyaffiliation or geographic origin, to enact the urgentlyneeded emergency Federal legislation specified in theU.S. Economic Recovery Act of 2006 to prevent thethreatened immediate collapse and shutdown of thephysical productive capacity of the U.S. auto sector andto put our nation on the road to becoming, once again,the greatest productive economy in the world.For a list of the scores of endorsers, representing elected officials, labor leaders, and trade-union officialsfrom across the United States, see the Lyndon LaRouche PAC website, www.larouchepac. comAffiliation for identification purposes only.1. NAME __________________________________ ADDRESS __________________________________________________AFFILIATION ________________________________________________________________________________________2. NAME __________________________________ ADDRESS __________________________________________________AFFILIATION ________________________________________________________________________________________3. NAME __________________________________ ADDRESS __________________________________________________AFFILIATION ________________________________________________________________________________________4. NAME __________________________________ ADDRESS __________________________________________________AFFILIATION ________________________________________________________________________________________Sign and circulate this Call to Congress, and mail signed Calls back to Lyndon LaRouche PAC:Lyndon LaRouche PAC, P.O. Box 6157, Leesburg, VA 20178✃