LaRouche Youth Movement

Media Release 17^th May 2007

In order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defence, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, we must nationalise Australia's raw materials resources. Australia has the worlds largest demonstrated reserves of brown coal, lead, mineral sands (rutile and zircon), nickel, zinc, tantalum, and uranium, and possibly the largest reserves of thorium.

Given the imminent danger of a collapse of the world financial system as recently warned of by IMF Chief Rodrigo Rato - a system shaking under the weight of unregulated hedge-fund expansion and mergers and acquisitions, such as the rumoured BHP Billiton takeover of Rio Tinto - it is only common sense that a nation move to promote measures to secure national sovereignty.

As Lyndon LaRouche writes in "Where the Future Lies" , the future of economic policy lies in ensuring that Russia, China, India and the United States are co-operating in advances in technological progress, such as nuclear fission and fusion power , to move humanity through its self-imposed technological boundary-condition of a fossil fuel economy, towards an isotope economy. Who will own the resources when the breakdown in the financial system leads to chaos? Will it be the banks with a vested interest in hedge funds, or sovereign governments representing the people?

We are all becoming increasingly aware of the consequences of neglect of the welfare of our nation and its people by Labor and Liberal Governments, which therefore means that a fundamental policy shift must be made to secure the wealth of our resources, and our future.

These resources are necessary both to develop Australia, and to ensure that we can fulfill our historic mission of helping our neighbours in Asia, 70% of whom still live in poverty. This would "define a new destiny for Australia" as LaRouche remarked in a speech on February 24th, 2007 .

That mission can be achieved through a crash program of job creation through infrastructure development for scientists and engineers to build nuclear-powered desalination plants, dams, and magnetically-levitated rail systems, like Japan has announced, which will launch the greatest period of optimism in our nation's history, and grow our population to 50 million people.

The necessary path to achieve that is to nationalise our resources. The bold leadership of the Whitlam Government, who planned to take back the country's resources to implement a national infrastructure development program, serves as a precedent today. The LaRouche Youth Movement in Australia challenges all political parties and candidates to commit to this policy for the next Federal Election, and demands that our Government adopts measures now to bring our entire resource sector under Government ownership.

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