Washington Post Rants Against LaRouche's New Bretton Woods
Lydon LaRouche
October 24, 2008 (LPAC)--Reflecting the intense, ever-deepening discussion of LaRouche's proposal for a New Bretton Woods at the highest levels of policy-making worldwide, the Washington Post on October 23 devoted its lead editorial to arguing against it.
Titled "Not Out of the Woods. The global financial system needs improvement, but not a radical reinvention," it opens, "Roughly 64 years ago, 730 delegates from 44 Allied nations met in Bretton Woods, N.H. to devise a post-World War II international monetary and financial order." After cataloging the institutions established by the original Bretton Woods, the paper complains that now many world leaders, led by British Prime Minister Gordon Brown want "very large and very radical changes" in the world economic order, "ditto French President Nicolas Sarkozy." Yes, yes, the Synarchy's newspaper-of-record concedes with a laundry list, a little tinkering here and there might be fine, in particular "a strong statement in favor of free trade and investment would also be welcome," but radical reform is out the window for two reasons: first, "because existing Bretton Woods institutions are still useful," such as the IMF and its austerity programs, and second, because "the United States, for all its woes, is not quite finished as the world's preeminent economic power," since everyone else's markets are crashing at least as badly as those of the U.S.
Given that no one else has put forward a workable proposal for an actual New Bretton Woods, and that the Post, if anything, would favor Brown's proposed bankers' world dictatorship, the unmistakable, unmentioned subject of the lengthy editorial, is LaRouche.
www.larouchepac.com/node/11587/print