EIR Daily Alert Service, MONDAY, November 11, 2019

MONDAY, NOVEMBER 11, 2019
Volume 6, Number 223
EIR Daily Alert Service
P.O. Box 17390, Washington, DC 20041-0390

Fight Effort To Make EU’s European Investment Bank, Major World Lender, into ‘Climate Bank’

• Cheminade Statement on European Investment Bank Policy Change

• Sen. Rand Paul Exposes Unfair Attack on Trump That Ignores Obama and Biden

• Michael ‘Moderate’ Bloomberg’s Coal-Fired Electricity Shutdown

• U.S.Economy Doesn’t Need a ‘Repo’ Market, It Needs Glass-Steagall

• World Meat Tonnage Declined Year-on-Year, First Drop in Two Decades

• Pat Lang Describes Success in Syrian Army, SDF Cooperating To Restore Nation’s Sovereignty

• North Korea Settlement a Top Issue at Moscow Non-Proliferation Conference

• Schiller Conference To Hear about GRALBeIT Infrastructure for Greece, Albania, and Italy

• Scientists in Germany and U.S. Form Lab To Tackle Fusion Challenge

• Iran Pours Concrete To Launch Its Second Nuclear Power Plant

• UN Wants Argentina’s Macri To Explain His Judiciary Manipulation To Persecute Enemies

• Brazil’s ‘Lula’ Freed from Jail, Now Threatens To Overturn DOJ-Run ‘Car Wash’ Coup Apparatus

EDITORIAL

Fight Effort To Make EU’s European Investment Bank, Major World Lender, into ‘Climate Bank’

Nov. 10 (EIRNS)—A fight has broken out in Europe over a move driven by London-centered environmentalist foundations, to make the world’s largest multilateral financial institution—the European Investment Bank (EIB)—into something called a “climate bank” which would be used to stop all investments into fossil fuels and “carbon-based” technologies by next year. If pushed through, it would put European Union’s EIB, in harness with big central banks—Bank of England, European Central Bank—trying to deindustrialize Europe completely by denying energy and industry credit except for wind and solar farms. Even the German government, notorious for shutting down nuclear and coal-fired power, refuses to back this move, as does the Italian government.

Jacques Cheminade, French former Presidential candidate and friend of Lyndon LaRouche who heads the Solidarité et Progrès party in France, has urged the defeat of this fatal policy move.

The Luxembourg-headquartered EIB, which identifies itself as the EU’s lending arm, has a capital near €250 billion and €400 billion in outstanding loans. It is the bank that built the Eurasia Tunnel and Marmaray Europe-Asia Railway in Turkey, the London Crossrail Tunnel, the M10 motorway in Russia, the Gazela Bridge in Serbia, the Raca Bridge between Serbia and Bosnia-Herzegovina, the D1 motorway in Slovakia, the Sostanj Power Plant in Slovenia, the Bujagali Hydroelectric Power Station in Uganda, and has supported the Trans-European Networks (TENs). EIB has been under attack since 2010 by environmentalist foundations and NGOs like “BankWatch,” and European Climate Foundation founder Lord Nicholas Stern. It has issued “green bonds” for a decade, but for projects to improve energy efficiency, connectivity and transportation.

But in July 2019 a new policy was circulated to EIB directors to “transform itself into the EU Climate Bank.” Their October meeting, due to national resistance, did not adopt it. Now being pushed on the entire European Commission by WWF, Greenpeace, Friends of the Earth, etc., demanding a decision this month. They are trying to work through EU Commission First Vice President Frans Timmermans, the Executive Vice-President Designate for the European Green Deal and EU Commission President Designate Ursula von der Leyen.

The needed multinational policy is the opposite: The United States, Russia, China and India can lead an agreement for a New Bretton Woods credit system, investing in just the kinds of capital projects characterizing the EIB’s history, utilizing to the hilt advanced nuclear as well as fossil fuel technologies, and pushing for breakthroughs in fusion power.

Cheminade Statement on European Investment Bank Policy Change

PARIS, Nov. 9 (EIRNS)—Jacques Cheminade, president of the Solidarité et Progrès party in France, and former Presidential candidate, issued the following statement today on “Why I Oppose a Policy Change of the European Investment Bank”

The current debate among European governments, on a change of lending policy of the European Investment Bank poses a severe risk.

The proposed change of policies, detailed in the EIB’s July 2019 draft, proposes (page 14), in order to comply with the Paris COP21 climate targets, to entirely “phase out lending to fossil-fuel energy projects.” To arrive there, the EIB, under the new policy, would end, starting 2030, all funding for any fossil-fuel related energy infrastructure, not only for peat, lignite, coal, and oil, but also for gas:

“19. Once in effect, this means that the Bank will have a clear position not to support upstream oil or gas production, coal mining, infrastructure dedicated to coal, oil and natural gas (networks, liquefied natural gas terminals, storage), and power generation or heat production from fossil fuel sources (coal, gas, oil, peat).

“20. The Bank’s decision to phase out lending to fossil fuels is a significant change in its policy. To manage this change smoothly, the Bank will no longer originate projects after the adoption of this policy and will stop lending to fossil-fuel energy projects by the end of 2020.

“21. The Bank acknowledges that fossil fuels will continue to play a role within the global energy system up to 2030 and that switching from oil or coal to natural gas may reduce greenhouse gas emissions in the short term. Such investments are very likely to take place even without EIB financing, in any case. Phasing out support for fossil fuel projects reflects a decision by the Bank to focus its limited resources on investments needed to meet the EU 2030 targets and 2050 objectives, which present high investment needs, a longer-term perspective and a greater investment challenge.”

So far, only Germany, which already is phasing out of nuclear and coal, opposes this project and seems aware of the extreme difficulties resulting from such a decision, since solar and wind energy, expensive and lacking energy density as well as by their intermittent nature, cannot be managed currently without efficient and flexible gas turbines.

Also, beyond its destructive impact on the physical economy by lowering the energy density and therefore energy efficiency, such a radical halt by the EIB of all funding for fossil fuel energy infrastructures, can become a “tipping point” for the entire world financial system, a “Minsky climate moment” about which the Bank of England’s Mark Carney and others have been warning the world for years, while doing everything they can to get us precisely there. The “divesting” from coal, oil and gas could brutally depreciate the value of an estimated €20 trillion carbon-related assets worldwide.

Are the European governments going to play the game of an industrial scorched earth and leave room for a Green New Deal to generate a financial bonanza for the megabanks and social destruction?

U.S. POLITICAL AND ECONOMIC

Sen. Rand Paul Exposes Unfair Attack on Trump That Ignores Obama and Biden

Nov. 10 (EIRNS)—Sen. Rand Paul (R-KY) stated in an interview with NBC News’ Chuck Todd on “Meet the Press” Sunday morning that the American public will see it as unfair and partisan for Democrats to attempt to impeach President Donald Trump for threatening to withhold aid from Ukraine because of corruption—that is, “doing the same thing President Obama, Vice-President Biden and other Presidents have done.”

The American people will not regard it as fair when only President Trump’s intervention is attacked, Senator Paul said, when in fact, starting with Obama and Biden, “I would make the argument that every politician in Washington, other than me, virtually, is trying to manipulate Ukraine to their purposes,” either to start investigations or to end investigations. He also named Senators Chris Murphy (D-CT) and Mark Warner (D-VA). Under constant interruptions from “host” Chuck Todd, Senator Paul had no time to reference those Democrat Senators’ “quid pro quo” letter of 2017 which made aid to Ukraine dependent on its producing dirt on “Russian interference” and Paul Manafort.

Paul also stressed that the President not only has authority, but is required by law to withhold aid from countries designated as “corrupt,” as Ukraine has clearly been.

Challenged as to whether he were “an impartial juror” on impeachment in the Senate, Paul replied forcefully that what is planned in the House of Representatives is “not even really a trial,” if the defendant can’t call witnesses.

Michael ‘Moderate’ Bloomberg’s Coal-Fired Electricity Shutdown

Nov. 9 (EIRNS)—The fake news media are playing up Michael Bloomberg as a “moderate” among radical Democrats, now that he filed this week in Alabama as a national Presidential contender, all the while, his anti-coal, anti-carbon campaign proceeds to turn out the lights in the U.S. The “moderate” Bloomberg campaign to shut down all U.S. coal plants by 2030 is proceeding, to the fury of unions in Pennsylvania, and electricity-users with any brains, anywhere.

Addressing the June 7, 2019, MIT commencement, Bloomberg announced his Beyond Carbon campaign, to shut down all U.S. coal plants by 2030, and also stay construction of any new natural gas plants.

Bloomberg had already been working with the Beyond Coal campaign founded in 2011 by the Sierra Club, to shut down coal plants. As of this year, they claim to have shut down, or gained announcements to close down ahead of schedule, 289 coal power plants since 2010, which was more than half of those in the U.S. at that time. Bloomberg stated he wants his campaign to shut down the remaining 241 plants by 2030. Bloomberg boasted in June that 51 of these shuttered plants had closed since 2016, “despite all the bluster from the White House.”

The buffer for the loss of U.S.-generating capacity is Canada. Some 37 cross-border interconnections bring in power when required, as last year in Minnesota’s debacle when high winds shut down the wind farms! Coal, as a share of U.S. electricity generation, has fallen from 54%, down to a projected 20% in 2020.

Two major U.S. coal plants are shutting this month, adding to the destructuring of the U.S. power base, as Bloomberg wants.

In Pennsylvania, the state’s largest coal-fired generating plant began deactivation by its owner First Energy Solutions, on Nov. 6. The closure of the Bruce Mansfield plant, in Beaver County, western Pennsylvania, had originally been scheduled for 2021, but the company is going through Chapter 11 bankruptcy reorganization as of this summer, and recently announced that its only remaining Mansfield unit would now be closed. Its other two units were deactivated earlier this year. In the range of 250 employees are affected; the closure is to be complete as of May 2020.

In Arizona yesterday, the operators of the Navajo Generating Station (NGS,) the biggest coal-fired generating plant in the West, confirmed it will shut this coming week. The 2,400-megawatt plant is in northeastern Arizona. Salt River Project, the NGS operator, has been planning this for some time, but the closure is ahead of the original schedule. The NGS has already shut down one of its three units, and has been drawing down the coal on hand, toward a December target for close-out, but now this will happen in November.

COLLAPSING WESTERN FINANCIAL SYSTEM

U.S. Economy Doesn’t Need a ‘Repo’ Market, It Needs Glass-Steagall

Nov. 10 (EIRNS)—A Nov. 3 “Wolf Street” podcast by Wolf Richter, “What’s Behind the Fed’s Bailout of the Repo Market?” raises the real issue of Glass-Steagall bank separation—without naming the legislation—in the repurchase-agreement part of the interbank lending market. “The real economy would do just fine if hedge funds … could not borrow in the repo market,” says Richter, correctly.

Richter provides illustration by profiling one large hedge fund, AGNC, which is actually publicly owned and therefore files quarterly reports.  “AGNC is just one of many players in the repo market,” he states, and emphasizes that he is aware of no indication that this hedge fund is in financial trouble or doing anything “unusual.”  “The daily balances outstanding of repos and reverse repos was nearly $4 trillion with a T,” he writes. About $95 billion, or roughly 2%, is accounted for by AGNC’s repurchase and reverse repurchase contracts. He describes the fund acquiring virtually all its operating capital by borrowing (short-term) in the repo market, and using it to speculate (longer-term) in stock and bond indices and derivatives.

“All these players knew that the repo market could blow out at any time, and that it could implode their long-term leveraged bets that were funded short-term in the repo market, and that this in turn could incinerate the firm and create contagion,” says Richter. “But these folks weren’t born yesterday. They figured from get-go that the Fed would step in and fix the repo market if it blows out…. And they were right. The Fed stepped in and fixed it so that the speculative, highly leveraged games can continue, the games of borrowing short-term in the repo market and betting those funds long-term on leveraged financial speculations.”

And his point: “The real economy would do just fine if hedge funds and others … could not borrow in the repo market, but had to fund their bets in other ways. This is a corner of the financialized world that has nothing to do with the real economy, real investment, production, consumption, or jobs. It’s just some players trying to milk the financial system by taking huge leveraged risks and betting—and that’s the real bet here—that the Fed will step in and save their asses when the whole thing blows up. And that’s what the Fed is currently doing.”

The New York Fed had to make overnight and two-week loans totaling $427 billion in the week of Nov. 4-8; and it has now bought over $50 billion of securities from big banks in its new “say it ain’t QE” program. While much of the very short “repo” credit injected during the week was recycled, total Federal Reserve assets keep climbing, and how now jumped by $290 billion in a little under two months to $4.03 trillion.

A senior Asia financial expert on Nov. 5 observed that hedge funds’ losses—undoubtedly playing a major part in creating “emergency” demand for liquidity—should not be a problem for large bank holding companies if they have actually built the loan reserves required by Basel III for loans to hedge funds. But uncertainties about this, and about bank lending to other kinds of non-banks, may be causing banks to quarantine even major other banks in the interbank market.

World Meat Tonnage Declined Year-on-Year, First Drop in Two Decades

Nov. 9 (EIRNS) The total tonnage of world output of meat—all types—is forecast to decline in 2019 by 1% over the previous year, according to the UN Food and Agriculture Organization, which deems it the first such drop in 20 years. The FAO’s Food Outlook biannual publication issued Nov. 7 reports that the combined production of cattle, sheep, poultryand pig meat is forecast to total 335 million metric tons in carcass weight equivalent in the latest year, down 1% from the year earlier. This is expected because of the drastic drop in pork output in China, where about half of the Chinese swine herd will have been wiped out over 2019 from African Swine Fever (ASF) since the outbreak first appeared in early 2018. The mass loss is from both the disease and culling to contain the disease spread. ASF has spread to many other nations.

The scale of this food loss poses the value of great powers collaborating on world food security, through science and modern farming—superseding the usual “competitive” markets outlook and practices.

STRATEGIC WAR DANGER

Pat Lang Describes Success in Syrian Army, SDF Cooperating To Restore Nation’s Sovereignty

Nov. 10 (EIRNS)—In Northeast Syria, where jihadi militants known as the Syrian National Army, backed by Turkey, have been responsible for much recent fighting and “ethnic cleansing” attempts, the Assad government’s Syrian Arab Army (SAA) has reportedly moved into a number of towns which those jihadis had initially occupied near the Turkish border. The official Syrian Arab News Agency (SANA) on Nov. 7 reported the army’s move into four of these towns, some of which had apparently been retaken from the jihadis by the Kurdish-led Syrian Democratic Forces (SDF).

Col. Pat Lang (ret.) published a report of this in his “Sic Semper Tyrannis” blog Nov. 8, under the headline “SAA/SDF Cooperation against Turks Is Working.” Included was the analytical comment: “SAA troops are now operating in close cooperation with the SDF Kurdish and Arab forces for the purpose of resisting the Turkish-backed Syrian National Army (SNA) of jihadis. The Turkish Army stands behind the SNA and has supported them with artillery fire and air attacks but has not itself advanced beyond urban areas right on the border. Evidently the blandishments of both the Russian and U.S. governments have kept them from trying to advance farther into Syria. This development indicates the possibility of further progress in re-uniting Syria politically.”

North Korea Settlement a Top Issue at Moscow Non-Proliferation Conference

Nov. 9 (EIRNS)—Denuclearization of the Korean Peninsula was a major topic in and around the Moscow Non-Proliferation Conference on Nov. 7-9, along with talks concerning Iran.

U.S. Special Envoy for North Korea Mark Lambert, who is representing the U.S. at the conference, met with Russian Deputy Foreign Minister Igor Morgulov and Ambassador at Large Oleg Burmistrov on the sidelines of the conference on Nov. 8, as the Foreign Ministry reported yesterday. A statement by the U.S. Embassy in Moscow said: “The conversation was candid and constructive, and Special Envoy Lambert emphasized the importance of continued close coordination with Russia on North Korea.”

Speaking at the conference, Morgulov commented that the sanctions regime against North Korea has “exhausted” itself, “I cannot imagine which major sanctions of restrictions could be further imposed on North Korea. As of today, this international [sanction] regime against North Korea, the regime of the United Nations Security Council, is one of the toughest in the world.” He further said that Moscow has proposed a phased lifting of sanctions each time some progress is made.

Russian Foreign Minister Sergey Lavrov also addressed the conference, saying: “The Korean Peninsula’s nuclear issuecan be only settled through diplomatic methods based on dialogue between all interested countries. A full-fledged launch of denuclearization process will become a reality only provided that political talks move forward based on reciprocal steps by concerned parties.”

North Korea’s representative Jo Chol Su, director of the North Korean Foreign Ministry’s North American department, told the conference that his country hopes talks would begin before the end of the year. When asked if international experts could visit the dismantled Yongbyon nuclear test, Jo replied: “As for a visit by nuclear experts, we haven’t received any positive response to our initiatives yet,” he said, “It is a matter for further discussion. I would like to point out that we are ready to consider everything in a positive sense.”

SCIENCE AND INFRASTRUCTURE

Schiller Conference To Hear about GRALBeIT Infrastructure for Greece, Albania, and Italy

Nov. 8 (EIRNS)—Prof. Enzo Siviero will present the project for the infrastructure connection among Greece, Albania and Italy (GRALBeIT) at this month’s Schiller Institute International Conference in Europe. The project, which is at the embryonic stage, is the completion of a corridor between Italy and Tunisia (TUNeIT), which Siviero and others have been campaigning for, and will create a “transcontinental territorial continuity between Europe and Africa” in the context of the Belt and Road corridors that “connect Cape Town with Beijing.”

The new infrastructure will require new technological solutions and “visionary engineering”; but “apparently insurmountable obstacles” should become “opportunities for inventions able to go well beyond today’s imagination,” Siviero emphasizes.

The GRALBeIT infrastructure, a combined bridge-tunnel connection between the Italian port of Otranto and the Albanian port of Valona, will be a particularly difficult technological challenge. The corridor will be ca. 85 km. long, crossing the Ionian Sea at its conjunction with the Adriatic Sea at a maximum depth of 895 meters. The scheme will be a combination between bridges (based on the Messina Bridge model), artificial islands and a tunnel. Due to the depth, it will make use of offshore platforms and floating islands. “Considering the constant acceleration of technological innovation, it is credible to think that in the next decades, construction techniques will evolve and be able to find adequate solutions to this project,” Siviero insists.

The GRALBeIT and the TUNeIT projects will necessitate an upgrading of the road and railway connections both in Southern Italy and in Albania and Greece. The Africa-Italy-Albania-Greece connection redefines the importance of Southern Italian infrastructure and especially the Messina Bridge connecting Sicily to the mainland of Italy. This is a must, and at the same time the challenge to create an economic recovery, reduce unemployment and poverty in those regions.

Scientists in Germany and U.S. Form Lab To Tackle Fusion Challenge

Nov. 9 (EIRNS)—The Max Planck Institute for Plasma Physics and the University of Wisconsin-Madison have founded a joint research project to investigate one of the most important challenges in fusion, as Steve Dean reported on Nov. 5th. The Helmholtz International Lab for Optimized Advanced Divertors in Stellerators will make use of the recently upgraded Wendelstein 7-X in Germany and the Helical Symmetric Experiment at Madison.

The job of the divertor is to regulate the interaction between the fusion plasma and the wall of the machine. It magnetically directs particles at the edge of the plasma away from the wall. Major areas of investigation will include divertor materials and designs. The Lab is expected to go into operation next year.

Iran Pours Concrete To Launch Its Second Nuclear Power Plant

Nov. 10 (EIRNS)—Iran started pouring concrete Nov. 10 at the site of its second nuclear power plant, at the southern port city of Bushehr. Ali Akbar Salehi, head of the Atomic Energy Organization of Iran (AEOI), and Alexander Lokshin, first deputy director of Russia’s nuclear agency Rosatom, were there to celebrate and inaugurate the next phase of Iran’s nuclear development.

Even as the 2015 Joint Comprehensive Plan of Action, in which six nations was to supervise that phase of Iran’s nuclear program that has military applications, is no longer fully functional, Iran’s civilian nuclear power program is going forward. AEOI’s Salehi explained the benefit at the ceremony, “nuclear power provides reliable electricity … and each power plant saves us 11 million barrels of oil or $660 million per year.”

A reactor was supposed to be built at Bushehr by a German contractor, which abandoned the project following Iran’s 1979 Islamic revolution. Russia committed to finish the reactor in 1995, and in September 2011, a 1,000 MW reactor came online. This second reactor, whose construction was begun today, is also 1,000 MW, and a third reactor of the same power is also scheduled to be built at Bushehr. Salehi stated, “In a long-term vision, until 2027-2028, when these projects are finished, we will have 3,000 MW of nuclear power-plant generated electricity.” Russia also supplied the nuclear fuel for the plant.

Rosatom’s building of nuclear power plants seems to play an important role in the peace process. In May 2010, Russia and Turkey signed an agreement for Rosatom to build, own, and operate a power plant at Akkuyu comprising four 1,200 MWe 1200 units. Construction of the first reactor has commenced in April 2018. Russia, Iran and Turkey are the guarantors of the Syrian peace process, known as the Astana process, in operation since the ceasefire in December 2016.

OTHER

UN Wants Argentina’s Macri To Explain His Judiciary Manipulation To Persecute Enemies

Nov. 8 (EIRNS)—What is described as “shocking” and “scathing,” the UN special rapporteur for the Independence of Magistrates and Lawyers, Peruvian Diego García-Sayán, who operates under the aegis of the UN’s High Commission on Human Rights, has sent a letter to outgoing Argentine President Mauricio Macri giving him 60 days to answer 13 questions regarding his interference with the independence of the judicial branch, persecution of his political enemies, rewarding judges who did his bidding and punishing or intimidating those who didn’t.

The Nov. 1 letter addresses Macri’s attempt to replicate in Argentina, Brazil’s notorious DOJ/State Department-run “Lava Jato” (“Car Wash”) operation which, under the guise of fighting corruption, devastated that country’s national institutions and targetted its scientific and technological capabilities. In Argentina, Macri relied on the same DOJ/FBI input to persecute former President Cristina Fernández de Kirchner and her associates. Some of the country’s leading businessmen were paraded through the courts, ordered to provide proof of Fernández de Kirchner’s “corruption,” and were jailed if they refused.

García-Sayán’s letter was based on a complaint filed with him by the Argentine group Lawyers for Social Justice (AJUS), which he found sufficiently credible to pursue. In his 13 questions, García-Sayán wants explanations of, among other things, Macri’s illegal appointment of several judges who were political allies; bypassing the normal process for electing Supreme Court judges and naming them instead by decree; pressuring and persecuting judges who opposed his Cambiemos party; the attempt to impeach Judge Alejo Ramos Padilla, who was investigating the Macri government’s involvement in illegal espionage and corruption; intimidation of judges who questioned the constitutionality of utility rate hikes ordered by the IMF, and the forced resignation of Attorney General Alejandra Gils Carbo, appointed under President Fernández de Kirchner, who was an obstacle to Macri’s legal machinations.

García-Sayán asks that Macri give his “urgent attention” to this matter, as his evidence, he said, points to a “series of actions that undermined the independence of the judicial system and impeded the possibility of impartial decisions affecting the interests of the Executive, and disciplined those magistrates whose rulings were contrary to the Executive’s will.”

Brazil’s ‘Lula’ Freed from Jail, Now Threatens To Overturn DOJ-Run ‘Car Wash’ Coup Apparatus

Nov. 8 (EIRNS)—After 19 months in jail, most of that time in solitary confinement, former Brazilian President Lula da Silva was released from prison this afternoon, following yesterday’s decision by the Brazilian Supreme Court, that mandatory detention of anyone convicted of a crime before all levels of appeal are exhausted, violates the Constitution. Lula told ecstatic supporters that he leaves after 589 days in prison without hatred, but geared up to tour the country and speak out against injustice and in defense of national sovereignty.

Lula’s freedom, in the midst of a general uprising in South America against Wall Street and City of London neoliberal policies and politicians, typifies the kind of sudden changes which can and will happen around the world as the old imperial system disintegrates.

Lula was jailed by the corrupt “anti-corruption” hit-squad dubbed “Lava Jato” (Car Wash), which also wrecked Brazil’s national institutions and industry—on behalf of international financier interests run from the City of London and Wall Street. Dozens of top businessmen, scientists and politicians were thrown in jail for long sentences, on the basis of what dozens of other targets “testified” to, out of fear of certain imprisonment.

Lula was by far and away the favored candidate to win the 2018 presidential election when he was framed and jailed by the Lava Jato team in April 2018 on various fraud charges, each more contrived than the last. The result of that operation was the election of radical neo-conservative nutcase Jair Bolsonaro (a Steve Bannon-type) as President—a fact which Bolsonaro admitted today even as Lula was being released.

As Brazil has crumbled under the Bolsonaro “University of Chicago” economic policies, rebellion against the once all-powerful Lava Jato tyranny has built up. The opposition involves diverse national interests, including some which are not in any way supporters of Lula and some which are not even nationalists.

The Supreme Court ruling, knocking out the terror wave of mandatory imprisonment and thereby freeing Lula, delivers the warning that the entire Lava Jato apparatus may be cleaned out.

Americans take note:

Lava Jato is headed by a Brazilian, Sergio Moro, first as judge and then as Justice Minister for the current Bolsonaro government, but it has been directed every step of the way by the same corrupt British nest inside the U.S. Department of Justice that framed up Lyndon LaRouche and is now at the heart of the coup drive against President Donald Trump.

Reach us at eirdailyalert@larouchepub.com or call 1-571-293-0935

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