The train accident that just occurred in DuPont, WA shows more than ever why our soon to be submitted infrastructure plan must be approved quickly. Seven trillion dollars spent in the Middle East while our roads, bridges, tunnels, railways (and more) crumble! Not for long!
President Donald Trump
December 18, 2017
Tweet on the Washington State Amtrak accident
A Note To Readers
President Trump in his tweet on the Washington State Amtrak accident has the numbers right. Seven trillion dollars for infrastructure is a good start. His attack on the Bush and Obama regime change wars policy in the tweet is also excellent.
But, if we are seriously going to rebuild the nation we must not start with dollars. We must begin with an idea– an idea that defines what we want the nation to be 50 years into the future. We use our imagination to see the future we want to create, and only after determining what it is we need to built to make that future a reality, then we decide “what it will cost,” and put together the financial structure required to do it.
Always guided by the idea that growth and development are not only a good, but a necessity, we turn upside down the usual discussion that dominates Congress, the media and even the President. Though we must remember that President Trump early in his presidency championed the “American System” economic and financial policies of Alexander Hamilton and Abraham Lincoln. Helga Zepp-LaRouche had a message for President Trump today on just that topic:
There is no time to lose in returning the west to that American System, designed by Alexander Hamilton and advanced by Lyndon LaRouche. The tax bill passed by the U.S. Congress yesterday creates one and a half trillion dollars in new debt, but simply pumps that money into the economy without direction, where it will continue to feed speculation rather than expand the real economy, as did the trillions of QE money-printing over the past 10 years. If the same credit were to be extended under an American System of directed creditary expansion, the US economy could be totally transformed relatively quickly. This is the essence of LaRouche’s Four Laws, as explicated in the new pamphlet released this week by LaRouchePAC: “LaRouche’s Four Laws & America’s Future on the New Silk Road.” The population is angry and looking for direction. This pamphlet, together with the LaRouchePAC dossier exposing Mueller’s coup attempt, are the means to provide that direction, and to give President Trump the means he needs to succeed in his stated goal — to make America great again. https://larouchepac.com/sites/default/files/20171221-british-assets-2.pdf
The train wreck in Washington State is discussed in the last section of this report.
In This Week’s Report
Is California heading back into a drought?, is a topic of numerous articles this past week as we near the end of a December that has seen virtually no precipitation in the state. Remember, the months of December, January and February are the months of rain and snow in the state. If we don’t get it then, we ain’t going to get it.
So, I have brought back the U.S. Drought Monitor chart and the Reservoir level map, accompanied by several excerpted articles discussing “is it a new drought that we are in?”
That topic spills over to the subject of the wildfires, and I include a couple of items, including a very interesting one on a ‘fire cloud’ collapsing in the Thomas Fire . The Thomas fire in Ventura and Santa Barbara counties is probably by now the largest fire in state history– over 270,000 acres.
There is one excerpted item in this week’s Oroville Dam Update.
The Feature on the American Credit system begins with the final class on LaRouche’s economics. Then a short item on the tax bill just passed by Congress. This section will conclude with the Washington State Amtrak derailment.