This is the book that shows the way out of the world depression.
Here is the indispensable handbook for the present breakdown crisis
and disintegration of the world financial, currency, and banking
system. Webster Tarpley builds on his prophetic work of 1999, which
showed the world heading for a financial cataclysm and economic
depression due to deregulated derivatives speculation, the
destruction of modern productive industry, the collapse of the US
standard of living, and a globalised hot money casino run by a tiny
financier oligarchy. Tarpley calls for a return to the American
System of political economy as exemplified by such figures as
Hamilton, Clay, Lincoln, FDR, and JFK. He shows the criminal
futility of the Bush-Paulson-Bernanke bailout of the $1.5
quadrillion derivatives bubble, now continued under cynical and
demagogic left cover by the Obama - Geithner - Summers - Bernanke
clique. Obama is exposed as the worst Wall St. puppet in recent US
history, an anti-FDR peddling a New Deal in reverse for the benefit
of zombie bankers, while the American people get the crumbs.
Surviving the Cataclysm advances a benchmark program for world
economic recovery, full employment, scientific and technological
progress, third world development, and the defence of our
threatened civilisation. It is a call for wiping out derivatives,
banning foreclosures, and nationalising the failed Federal Reserve
System. Cheap, no-interest Federal credit for production can build
1,000 hospitals, 100,000 miles of high-speed maglev rail, 100
fourth-generation high-temperature pebble bed nuclear reactors,
while rebuilding the interstates, and water systems - creating tens
of millions of high-paid, capital-intensive modern jobs in the
process. Tarpley makes the case for science drivers in exploration,
colonisation, and industrialisation on the moon and Mars;
high-energy physics; and, biomedical research. A special chapter
discusses ways individuals and families can survive the crisis. If
you read one book on economics, let it be this one.
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