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SOUTH BRUNSWICK: LaRouche group comes to town

By Charles W. Kim, Managing Editor
   As the presidential election looms and political pundits jockey to make hay, one group is trying to gain support for removing President Barack Obama from office before he can secure his party’s formal endorsement this summer.
   ”(President Obama) is like an emperor,” Matt Guice, 61, of Ridgefield Park, said. “He thinks that what he says, goes.”
   Mr. Guice, part of the LaRouche Political Action Committee (PAC), manned one of six groupings traveling throughout the region looking to drum up support to have the president removed for not being physically or mentally capable to hold office.
   Lyndon LaRouche, 89, has run unsuccessfully for the office in the Democratic primary eight times since the 1980s and was even jailed on mail fraud and tax charges in the past, according to published reports.
   Despite the history, Mr. LaRouche still commands a stream of loyal followers that see themselves as Democrats molded in the fashion of President Franklin Delano Roosevelt.
   In addition to asking for President Obama’s removal from office, the group is also asking congress to restore the Glass-Stegal law, which prevented the merger of investment and commercial banks.
   That law ended in 1999 and allowed banks to join together, using commercial banking funds from savings and investment accounts for more speculative investments.
   Mr. Guice said that since the law’s end, banks have been inflating their worth based on speculation tied to riskier investments rather than its true asset base.
   ”They took over people’s life savings and leveraged that into more speculative investments and drove it into bankruptcy. The whole financial system is in bankruptcy,” Mr. Guice said.
   The organization is hoping to get enough support to push current legislation through congress that would restore the Glass-Stegal “firewall” between the different types of banks, according to Mr. Guice.
   Mr. Guice said the people in South Brunswick “have been nice” and responsive to the group. It had also had a table manned in front of the Kendall Park Post Office the day before.
   The reason they chose Monmouth Junction, according to Mr. Guice, is because plans to place a table in Milltown were scrapped after the group learned that post office was closed.
   Mr. Guice said he has worked with Mr. LaRouche’s organization for more than 30 years and, with others, is hoping to get the message out.
   ”We are going all over New York, New Jersey and Connecticut and trying to get people active on it,” Mr. Guice said.
   While not many people stopped by the table during a half hour or so during the morning, several Ridge Road motorists honked their horns as Mr. Guice waved to them.