Argentina's leading financial daily, Ambito Financiero, published an attempt at a major slander of LaRouche on January 28th. This paper is the equivalent of the Wall Street Journal and shows how panicked financier circles are that LaRouche's ideas are exploding as the Argentine breakdown grows. Here is a translation of the full text of the article.

The Strange Marriage Of `Lilita'-Seineldín
by Damian Ferrer

In the session of the House of Deputies where the Emergency Law proposed by the Duhalde government was debated, which occurred between the 5th and 6th of January, the ideas of economic interventionism predominated. Despite the fact that Minister Remes Lenicov has attempted to present the package of measures as inevitable in a context of economic emergency, the principal groups of Congressmen—the PJ [Peronists], the UCR [Radical Civic Union Party], Frepaso, ARI [Alternative for a Republic of Equals]—through their leaders and the speeches of the majority of their members, justified their positions with ideological arguments.

Among these speeches, that of Elisa Carrió stands out. The leader of the ARI blamed national and foreign banks, the Central Bank, the privatized companies and [former Finance Minister Domingo] Cavallo's economic team, for conspiring to carry out the greatest fraud against the State in Argentine history, which culminated in the imposition of the financial "corralito" [deposit freeze]. And she suggested she had evidence to prove this.

To get out of the crisis, Carrió—one of the politicians with the best image and with the potential to rebuild the center-left which was abandoned when the Alianza [former ruling coalition] imploded—proposed the creation of a "national bank." She based both her analysis and her proposal on the ideas of the American politician Lyndon LaRouche, whom she quoted repeatedly.

Carrió said: "The man who foresaw the Russian crisis, LaRouche, currently a Democratic candidate for the United States Presidency, argues exactly the same thing in the case of Argentina: 'The current national banking system—90% of which is controlled by foreign banks—is totally bankrupt, and has ground to a halt. The only way to get it back on its feet, and to return to Argentine citizens their savings now frozen in the banks, is to create a new, reorganized national banking system. The central government would then use this system to channel directed credit, issued in an inconvertible domestic currency, to fund the creation of 1 million new jobs in the right areas, which would start the recovery of the economy. This, along with the debt moratorium which has already been declared, are necessary policy steps.' " (H. Chamber of Deputies, Jan. 6, 2023, transcription)
Further on, Carrió adds, also on this subject: "It is also interesting to read that, earlier, [LaRouche] analyzed how the international financial system began to collapse, which we're going to see in the world over the coming year. He warns the governments of all countries, that if they apply the restrictions of the international financial agencies, and fail to resolve the problem of the looting of their banks, there will be a succession of governments, finally resulting in total national disintegration. This is not an irrational matter, but it is totally unjust, if we fail to take advantage of this crisis to find the [correct] policies. If you want to see them, they are there; the problem is, that many times, we do not want to see them."

Source of Inspiration

What was most surprising about her speech—as Ámbito Financiero wrote last Monday—was her source of inspiration. LaRouche is a shady leader of the U.S. extreme right-wing, whose bizarre style and racist harangues, similar to neo-Nazi groups, have placed him on the fringes of his country's political life.

Imprisoned for several years for fraud and tax evasion, LaRouche filed suit before U.S. courts and the media at the end of the 1980s, in which he accused Wall Street, the "Jewish banks," "Washington politicians," and international communism, of conspiring against him, and boycotting his run for the Presidency of the United States. For decades, he has been running for President in any election there was, as a Democratic Party pre-candidate in the Southern states, or as an independent.

His writings focus on a supposed conspiracy originating in Babylonia, whose natural goal was to dominate the world, and which is carried out by "Judeo-Masonic" lodges. The primary agents of this millenarian plan, would be the British Crown (the primary target of LaRouche's denunciations), Wall Street, and the Washington bureaucracy. His constant allegations of the strangest conspiracies, published in scandal-sheet media, has earned him a certain unusual notoriety. Among other things, he has charged that the Oklahoma City attack was organized by the Queen of England and that the Ku Klux Klan is in reality the armed wing of the B'nai Brith.

LaRouche considers himself to be a friend of controversial and fringe politicians from around the world. According to his internet page www.larouchepub.com, in Argentina, his primary contact is Mohamed Alí Seineldín and his followers; one of the political parties oriented by the former Colonel, the Movement for National Identity and Ibero-American Integration, has "larouchist" co-thinkers in Brazil, Mexico, and Central America (the Ibero-American Solidarity Movement, MSIA). Both organizations have held meetings and seminars in Brazil and Argentina. LaRouche, for his part, has made repeated calls for Seineldín's freedom, describing him as the only person capable of standing up to the IMF and "renegotiating the Argentine debt."

Seineldín, like Carrió, closely follows LaRouche's economic ideas, and from the Campo de Mayo prison has issued documents supporting his proposals for the creation of "a new international monetary system," which would dispense with the foreign debt, eliminate the IMF, and abandon projects like the FTAA. These common influences could help explain the coincidence in the positions both have recently taken, in particular, in their analysis—stated in almost the same terms—over recent events in Argentina: Menemism had established an illicit association with Wall Street during the 1990s, in connivance with the Washington Consensus, which would have given its backing to this supposed pact, in exchange for support for its project to create a dollarized FTAA and subordinate it to U.S. interests.

A few reflections are in order, regarding the ARI leader's aforementioned speech, in which she quotes and bases her arguments on LaRouche's writings. It is probable that Elisa Carrió, who throughout her parliamentary career has stood out for the defense of democratic values and republican values, has not been well-informed about the person of Lyndon LaRouche or the nature of his ideas. But a leader of her stature, who has led Congressional investigations, should not establish her position on serious issues, such as the Public Emergency Law or the debate on economic policy, without having checked her sources of information and its underpinnings.
No less worrisome, however, is her strange agreement with LaRouche's "economic thinking." Argentina is immersed in a very grave political and social crisis, with unforeseeable consequences, posing the hypothesis of political radicalization, the resurgence of populist proposals, and the strengthening in the eyes of the public of nationalist and anti-United States sentiments, as happened in the Venezuela of Hugo Chavez.
 

Top