Library: From Glass-Steagall to the Galaxy


Any beginning point for a discussion of the events leading up to our respective departures has inherent advantages and disadvantages, but one date that stays with some of us is January 27, 2011: the release of the FCIC report, or what we came to call "The Angelides Report." The reason this date stays locked in our memory is because of the great confusion its release caused among our ranks, the sheer number of phone calls, private discussions, and ultimately NEC meeting minutes that became dedicated to this confusion, and the fact that little was ever resolved around it, despite all the talking, except that everyone agreed that it was a most important document and whoever denied such "wasn't in reality."

The six congressional campaigns were still new at this time, and each candidate was afraid that he or she might say the wrong thing and find himself the object of Lyndon LaRouche's (Lyn's) ridicule at the next NEC meeting. Most of them found the best mode of operation was to take their cues directly from the website, from The World in Review each night, as representing the voice of Lyn, and, in fact, they were explicitly told to do so. Each was also careful to seem to be "on top" of all breaking political events, and again, keeping close tabs on the website was the best way to do this. So when the Angelides Report came out, the candidates were quick to make statements about it. A number of them claimed that it was "blocked" and lacked real power. Lyn came down extremely hard on the candidates for this, and he "went after" them at multiple NEC meetings, where he began to claim that the candidates had been infiltrated by an enemy operation and insisted that one of them must come forward to give the full story of how they were influenced by this enemy operation. He claimed that the "brainwashing of the candidates" around the significance of the Angelides report occurred when they were snowed-in at the Dulles airport, waiting to fly out after a "candidates event."

The claim that the Angelides report was "blocked" had actually come from a report for the ''World in Review'', (that had been quickly removed from the website afterwards.) The idea that Angelides may be "blocked" in his analysis of the economic crisis was very probable to the membership, given that he was attacked by the LYM in Los Angeles when he was running for Governor of California, and that the commission was appointed by Nancy Pelosi after the organization had called for a "Pecora Commission" to investigate the financial crisis. When the Financial Crisis Inquiry Commission was first created by the congress, with Angelides appointed as its head, the organization called it the "peckerless commission." 1 Riana called Lyn, thinking that he would appreciate someone coming forth and "speaking the truth" about the origin of the misunderstanding, that he would be relieved to know that the candidates hadn't been so susceptible to outside influence. This was the first time that she saw that when Lyn was confronted with a truth he didn't accept, in this case that the candidates had not been influenced by an outside operation, but instead that they had been misinformed about Angelides' Report from within our own ranks, he not only refused to hear it, he flew into a rage. She found herself, inexplicably, in a yelling match with the man she respected above all others. At this point a rational person was confronted by serious doubts: is Lyn really as agapic as he proclaims, and as others proclaim him to be? Does he really hold the truth highest above all?

Though nothing was ever resolved about where and how the "candidates were brainwashed," the political thrust was set by the tumult around the Angelides Report for a couple of months, where the focus, in the locals and on most of the calls with Purcellville, centered on the financial crisis. But then, suddenly, after the earthquake in Japan on March 11, 2011, Lyn's policy thrust shifted dramatically. One day, a member in a local in Seattle, San Francisco, Los Angeles, Houston, Boston, Detroit, or Washington D.C. thought that he or she needed to get some public official to endorse a return to Glass-Steagall legislation, the next day he found himself organizing around the "rim of fire," the next great extinction crisis as caused by the earth's changing position in the plane of the galaxy, and the relationship between solar weather and geophysical events. Though Lyn vehemently proclaimed that this was an "existential" issue, when Summer called Lyn from San Francisco, asking him what the local should do about the impending earthquake and whether they should use LPAC funds to buy reserve water, as many from the local were scared and were asking for emergency supplies, Lyn told him not to worry, "Sometimes you have to get people moving and this gets people moving."

The actual "Galaxy" campaign was a bizarre perversion of work that was actually being done in the Basement at the time. A study of the correlation between extinction events and possible cyclical patterns of the galaxy's motion was turned, in the course of one NEC meeting, into yet another doomsday campaign, though this one was more absurd than even the constant (40 years-long now) threat of "World War III." The only thing that the documents read by the Basement actually showed was that there might be an extinction event sometime in the next (or last) 15 million years, and that even if this were to occur, in all likelihood this extinction event would happen slowly, over the course of some thousands of years. Hardly a terrifying event in the lifetime of a single person, or even a single society. Thus, a very interesting study of evolutionary processes was turned into what the movement thrived on: an imminent disaster which only we could avert.

Not long after this urgent mobilization was confusedly underway in the locals, Lyn launched into an NEC discussion denouncing Purcellville, Michelle Lerner in D.C., and the boomers for backing off on the Glass-Steagall drive, when he himself had been the perpetrator, beginning with a March 22 directive to stop focusing on Glass Steagall in favor of the galactic threat.

"Lyndon LaRouche NEC Meeting for Tuesday, March 22, 2011


LYN: Okay, now there is only one political issue, of any primary importance on this planet today: We have a solar situation, which is also galactic in nature, which is in excess of anything of the same type which has occurred in more recent times. We've already seen in the Pacific, this process, and there's every indication that it is going to proceed.

"Now, let's take a case, which I discussed with Helga today, this afternoon, on the situation in Europe. They're crazy.
[laughter] No, it's understandable, but you've got a situation, if you have to look at in the right way, don't look at it in the usual political way -- "what's the news from Ireland?" Forget it! There is no "news" from Ireland! First of all, prove to me that Ireland's going to continue to exist -- {then} we'll discuss Ireland, if you can give a plausible case for its existence! After all, it's in the Atlantic ocean, and you know what you've got up there, on Iceland? Hmm? So, calm down, now, and do some serious thinking. Don't do this usual kind of "what's the issue?" "What's the issue today?" The issue today is somebody farted, what else do you have to say? 2 [laughter]
Now, don't talk about an issue about an alleged Glass-Steagall -- yes, we're pushing through Glass-Steagall. That's taken care of, as an issue! The latest word on Glass-Steagall is not the big issue of the day. (Italics added for emphasis) It's nothing to interrupt your discussion over. When the Congress reassembles, it will go on the table, and then we can discuss it. We're waiting for the Congress to reassemble itself, before it becomes an issue. We already have the vote, it's already set up there, it's ready to go in. We're just waiting for the Congress, to get ready, to open session, and take up the issue. Hmm? All right, that settles that. Forget it, otherwise. Don't get excited about it, it's not urgent. Some of our people may think it's urgent, they want to gossip about it -- forget it. We don't need to gossip about it. We have our determination to do something about it, that's the best that's needed."

One month later, one of Debbie's contacts--heavily implied in public (and explicitly stated in private) to be Laura Tyson--mentioned feeling "abandoned" by Lyn on the subject of Glass-Steagall in a webcast. Suddenly, everything changed again, as can bee seen in the excerpt from the April 20th NEC below. Later Sky and others realized that the webcast question was, itself, most likely an attempt on Debbie's part to shift the organization's focus to something that was easier to fundraise around.

"Lyndon LaRouche NEC Meeting for Wednesday, April 20, 2011


LYN: This game, which we're stuck in, a game which is being played -- it's over. It's over. And what I did get out yesterday, is the summation of it. Including the fakery that's going on in the organization, in terms of what came up with the question which was given at the end, that was some faking going on in this organization, about Glass-Steagall. ''I mean, for me Glass-Steagall was, that's it. For some people it was, "it's the thing we don't push, we have to push other things." And that was a terrible mistake. And it's a terrible mistake, because it affected the money, but people were acting on the basis of the assumption of money, and that was exactly the wrong thing to do. They were saying, "This is not practical," you've got to give people more -- typical Boomer stuff.'' "You've got to give people what they want, don't push this, it won't work; you got to do this, that will work; this won't work, some of our people don't like, don't push it." And actually Glass-Steagall immediately is the only thing that will work, and I've said it repeatedly. But people thought it wouldn't "sell." This was in the Boomer area, it wouldn't sell. That's the only thing that will. Because without Glass-Steagall, the United States is dead.
Any other agenda, is {dead}. And so, we had the question posed 3 -- I knew about it at the beginning of the session yesterday; we saved it till the end, on the real issue. And that was the problem. The problem has been, the hesitation on Glass-Steagall per se, now and forever. And that's the error that has to be corrected. Nothing else will work."


1 We include an example of one of the criticisms of the FCIC report before its completion. This is an excerpt from the May 14, 2010 briefing regarding the "Angelides Report": "The current inquiry into the banking industry, chaired by former California state treasurer Phil Angelides, calls itself the "Angelides Commission," in obvious homage to the Pecora Commission. So far, at least, it is an anemic copy, lacking anything like the tenacity and impact of Pecora's investigation; instead, showboating and modestly informed members of Congress berate witnesses without eliciting any useful disclosures -- only self-serving apologies."
2 This was especially confusing, as Lyn himself in the previous weeks, webcasts included, had been in personal dialogue with "the Irish" insisting on the ultimate importance of their support for a global Glass Steagall.
3 This is referring to the question supposedly from Laura Tyson.

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