Home

A federally-registered independent political party

Follow the CEC on Facebook Follow @cecaustralia on Twitter Follow the CEC on Google +


Follow the CEC on Soundcloud












Citizens Electoral Council of Australia

Media Release  28th of July 2007

Craig Isherwood, National Secretary
PO Box 376, COBURG, VIC, 3058
Phone: 03 9354 0544 Fax: 03 9354 0166
Email: cec@cecaust.com.au
Website: http://cec.cecaust.com.au
 

Was Bracks forced to resign?

The sudden resignation of Victorian Premier Steve Bracks on July 27 came immediately after he declared that Victoria would fight PM John Howard's grab for control of all water supplies in the Murray-Darling Basin, the breadbasket of Australia. Bracks charged that Howard secretly planned to grab the water in order to sell it off: "They'll seek to privatise it, to get private capital in, to do what happens in parts of NSW, where you see private investment, private ownership of irrigators", and said that federal Resources Minister and merchant banker Malcolm Turnbull had privately told him as much.

Caught red-handed, an enraged Howard squealed that Bracks' charge was "desperate, stupid, inaccurate and just totally wrong". Bracks was right, but the game is far bigger than even the tens of billions of dollars in water privatisations which he hinted at.

Trillions of dollars of "assets" in the global financial system are now vaporising, with the recent billions of dollars of losses by Bear Sterns and the Basis Capital and Absolute Capital hedge funds just the tip of the iceberg. American Democratic Party leader and physical economist Lyndon H. LaRouche, Jr. described the process in his July 25 international webcast:

First of all, the world monetary financial system is actually now currently in the process of disintegrating. There's nothing mysterious about this; I've talked about it for some time, it's been in progress, it's not abating. What's listed as stock values and market values in the financial markets internationally is bunk! These are purely fictitious beliefs. There's no truth to it; the fakery is enormous. There is no possibility of a non-collapse of the present financial system—none! It's finished, now! The present financial system can not continue to exist under any circumstances, under any Presidency, under any leadership, or any leadership of nations. Only a fundamental and sudden change in the world monetary financial system will prevent a general, immediate chain-reaction type of collapse. At what speed we don't know, but it will go on, and it will be unstoppable! And the longer it goes on before coming to an end, the worse things will get.

In these circumstances, with its paper empire melting by the minute, the financial oligarchy which owns Howard and most other politicians is desperate to grab whatever real resources it can, including control over air (via the "global warming" scam), raw materials and water rights, in order to loot populations to the bone. Bracks' decision to fight Howard's national water grab put tens of billions of dollars in the planned "water rights" scam into immediate jeopardy.

Then, suddenly, Bracks and his Deputy Premier and Water Minister John Thwaites resigned.

For LaRouche's solution to the ongoing global monetary crash, listen to the audio or read the transcript of his July 25th Webcast.


Citizens Electoral Council © 2016
Best viewed at 1024x768.
Please provide technical feedback to webadmin@cecaust.com.au
All electoral content is authorised by National Secretary, Craig Isherwood, 595 Sydney Rd, Coburg VIC 3058.