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Citizens Electoral Council of Australia

Media Release  24th of September 2008

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
 

Paulson demands banker dictatorship, but world debates LaRouche solution

What do Australians want done about the global financial crisis?

On our behalf, Kevin Rudd has sided with Wall Street’s bankers to pressure the logjammed United States Congress to accede to U.S. Treasury Secretary (and former Goldman Sachs boss) Henry Paulson’s demand for a $700 billion bailout, which in reality will establish a bankers’ dictatorship.

On the other hand, several major nations are responding to the unavoidable reality that the system is finished, and have started discussing various forms of Lyndon LaRouche’s New Bretton Woods solution:

  • Russia: President Medvedev has called upon the U.S. to join Russia to cooperate to solve the financial crisis. LaRouche was interviewed live on Russia Today for the second time in as many months, about the financial crash, and Prime Minister Putin called for a new international financial architecture instead of bailouts produced by “one money-printing machine.”
  • France: French PM François Fillon met with Putin at Sochi in Russia, where Putin made the above comments. Fillon, who met with Italian PM Silvio Berlusconi in Rome en route, said he would put forth several initiatives within days for dealing with the world financial crisis.
  • Italy: Italian Foreign Minister Franco Frattini publicly confirmed that Economics Minister “Tremonti intends to propose a new item for the G8 finance ministers which is to build a new Bretton Woods arrangement.” He reported that Tremonti has already initiated “pre-discussion” of the idea with both the U.S. and Europe.

Recognition of LaRouche has broken out in the major international news media as well:

  • Germany’s Frankfurter Allgemeine Zeitung carried an article, “Everything is getting worse”, which said, “It is the absolute horror show: We are on the verge of the meltdown of the financial system. The process began long ago and can no longer be stopped. When Lyndon LaRouche, the opponent of the current financial system, put forward this thesis, everyone still laughed. But for a long time distinguished economists have also been saying the same thing.”
  • The web home page of the London Financial Times ran a commentary posted by a LaRouche organiser, which said, “Put the whole financial system through bankruptcy reorganisation, as the American economist and elder statesman Lyndon LaRouche has proposed, and start building up the real physical economy!” It went on to describe LaRouche’s 3-point plan and bill his upcoming 2nd October webcast.

Do Australians want the Rudd/Bush/Paulson bankers’ dictatorship, or LaRouche’s financial reorganisation and economic reconstruction?

For LaRouche’s solution, join the CEC.

To receive a free copy of the Aug./Sept. New Citizen, “Banks Crashing Worldwide—Only LaRouche Knows What to Do!” and a copy of EIR magazine, the weekly international journal of the LaRouche movement, click here.


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