Micropanacea

I was handed a thick tract the other day on my way to work. Wasn't the typical Falun Gong enlightenment I was used to receiving on the streets of New York. No, Boston's pamphleteers are apparently much more ambitious than that. This was more akin to a miniature magazine with the title:

"President Obama's Options: The Issue is Bankruptcy", Lyndon Larouche's January 16th & 22nd Webcasts.

For those of you who are hearing of Lyndon for the first time (meaning me, only, obviously), you can read the democratic version of him here. If you are not satisfied, you can try this or just Google him like I did.

The first webcast transcribed in the pamphlet lays out our options for survival during these dark economic times. What struck me most as I read through his words while on the elliptical machine at the gym was how many times he asked whether I Wanted to Survive. Whether I wished the United State to continue to survive. Whether I wished to save China from chaos and so forth. Gosh, I thought I did...

So in a nutshell, here is his answer to our salvation:

"We are going to have to wipe out most of the financial claims from the books! We are going to put the world, which we have to save -- a physical world -- we're going to put the world into protection. And we're going to put the world into protection, by eliminating the greatest part of the nominal financial claims, held by financial institutions of the world today."

"You can get out of this mess, very simply: Go back to our Constitution, and go back to the thinking of Franklin Roosevelt, as of 1944. We go to that kind of thinking, and put the world through bankruptcy reorganization, and change away from this monetary system we have, which you can not save!

"...Which means that some things that are essential will continue to be paid, or ordered. Our investment in these things will expand. Other things, which people have been using as substitutes for production, in this kind of crazy market, are going to be frozen, just as you do, in any attempt to salvage a business, which is financially bankrupt."

Not sure what to make of this, and there is lots more. Sounds extreme and improbable, but perhaps not much more than the thought of the government paying our mortgages.

Any thoughts?