In his famous July, 2007 webcast, Lyndon LaRouche proclaimed that the global economic financial system had ended! We see the truth of that deceleration being played out today.
He also provided the solutions. The first step being the implementation of the Homeowners and Bank Protection Act, to freeze all home foreclosures and place bankrupt bank through an orderly bankruptcy reorganization.
Though this proposed legislation gained massive support form State and Local level elected officials and labor leaders, it was blocked by the Pelosi leadership of the congress... for the benefit of Wall Street and London, as we saw in the so-called "bailout" which followed.
