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Philippine LaRouche Society Confronts Quackademics on TV Interview

Philippine LaRouche Society Confronts Quackademics on TV Interview

September 12, 2009 (LPAC) — Butch Valdes, head of the Philippine LaRouche Society, was invited to be a guest on a TV talk show on cable network GNN, where he warned that there were no candidates for the 2010 election addressing the global collapse or the mass strike in the U.S., and that the “quackademics” in the Philippine economists stable had better listen to LaRouche.
Valdes spoke extensively about the Bretton Woods system and the difference of a credit and monetary system, questioning the constitutionality of the Central Bank, exposing that it is effectively independent from the elected national government and yet controls its finances.
On the same show were Baby Boomer hosts Harry Tanbuatco and Gil Santos, who, despite their biases against LaRouche, nonetheless were forced by reason to agree with Valdes. Unfortunately,as with many boomer-led discussions, the topic was still (!) the credibility of the LaRouche organization, and how many “economic experts” disagreed with his assessment. Valdes was too polite to tell them to look outside their windows (and maybe jump out of it?), but he did call them Quackademics on the air.
Valdes also discussed the PLS’ three urgent steps that the Philippines must take if it is to survive the coming period (debt moratorium, nuclear-driven economic development, and a new Green Revolution). The rest of the discussion revolved around China, the four-powers agreement, yellow-bellied congressmen, and those who want to run for President.
On the 2010 Presidential election, Valdes said that no candidate was addressing the global economic crisis, the U.S. mass strike, nor the fight against British-led fascism. The British oligarchy is now offering and backing up Senator Noynoy Aquino, son of former President Cory Aquino, who was placed in office by George Shultz after the U.S.-orchestrated coup against Ferdinand Marcos in 1986. Cory, whose death last month served as a rallying cry for her otherwise unimportant son’s transformation into the leading candidate, was responsible for effectively shelving all infrastructure, energy, and agricultural programs initiated by the Marcos regime, at the bidding of her sponsor George Shultz.
Though the current President Gloria Arroyo has effectively done their bidding, the British financial lords are now preparing new blood, abandoning any extra-constitutional effort to keep her in power beyond this term. Noynoy Aquino is running under a similar banner as his mother, that of “moral ascendancy and democracy.” Meantime, Rome continues to burn.

Click here to watch the Interview