The unspoken target of NSW Premier Morris Iemma’s call to ban all political donations to political parties is the Citizens Electoral Council, the Australian associates of American physical economist and statesman Lyndon H. LaRouche, Jr.

The global financial system is disintegrating by the second, as witnessed by the recent collapse of Bear Sterns, and the financial oligarchy for which Iemma speaks—wittingly or not—is desperate to keep LaRouche’s ideas for dumping globalisation in favour of re-establishing the sovereignty of nation states anchored on national banking, out of the political debate.

One has only to ask, “Who decides what parties get public funding, and how much?”, to see the scam. The privately-owned mass media of Rupert Murdoch and other oligarchs determine what parties are “relevant” to be covered, and largely determine how many votes they get, as well.

Were Iemma’s fascist wet dream to be adopted, for instance, the Citizens Electoral Council, which is funded by thousands and thousands of ordinary Australians, would no doubt be judged “not worthy” of public funding, and therefore would not be able to carry out its present life-or-death campaign for the Homeowners and Bank Protection Bill (HBPB) to protect Australian homeowners from the mass foreclosures now underway, and to keep the Australian banking system from simply disintegrating. The HBPB is modelled on similar legislation first proposed by LaRouche in the U.S. in 2007, as a “firewall” to protect ordinary citizens against the ongoing global financial collapse.

The choices we have are the same as the U.S., Germany and other nations faced during the Great Depression:

1. The installation of fascist dictators like Mussolini and Hitler by the oligarchy, with brutal austerity against the population and probably war, or;
2. A national and international recovery program based on the precedents of U.S. President Franklin Delano Roosevelt, which put the citizenry above the interests of those Wall St. and London forces whom he denounced as “the economic royalists.”

If Iemma is so big on “public funding”, how about massive public funding for urgently-needed state and national infrastructure? Instead, he and the NSW Labor government are the world’s leaders in pushing “Public-Private Partnerships” (PPP); these were initiated by Italian fascist dictator Benito Mussolini and their purpose is to loot the public to the benefit of private financiers.