British imperial plans for the final elimination of national sovereignty were exposed in a 17^th January London Telegraph report by insider Ambrose Evans-Pritchard‚ which was scandalously suppressed by being pulled off the paper’s website just an hour or so after it was posted. (Click here to access a copy of the report.)

Evans-Pritchard reported on a European Central Bank (ECB) legal analysis of what would happen if a European nation tried to withdraw from the European Economic and Monetary Union (EMU) and ditch the euro for its own national currency: “Half a century of ever-closer union has created a ‘new legal order’ that transcends a ‘largely obsolete concept of sovereignty’ and imposes a ‘permanent limitation’ on the states’ rights‚” he reported. [emphasis added]

This ECB legal analysis is a response to the dire financial crises in Greece‚ Portugal‚ Ireland and Spain‚ which are on the verge of sovereign default‚ but whose desperate governments are limited in their options by the onerous conditions of the Maastricht Treaty governing the EMU.

The ECB insists that any nation withdrawing from the EMU would be expelled from the European Union‚ as well. Evans-Pritchard wrote‚ “This is a warning shot for Greece‚ Portugal‚ Ireland‚ and Spain. If they fail to marshal public support for draconian austerity‚ they risk being cast into Icelandic oblivion.” [emphasis added]

The ECB is a key part of the global network of privately-controlled central banks‚ all modelled on the Bank of England‚ including the U.S. Federal Reserve‚ the Bank for International Settlements in Basel‚ Switzerland‚ and the Reserve Bank of Australia (RBA)‚ which dictate economic policy to national governments on behalf of the City of London financial oligarchy. Inaugural RBA governor H.C. “Nugget” Coombs described his membership of this network as being part of “the international freemasonry of central bankers”. [For an historical description of the Bank of England’s role in setting up this network‚ see former NSW Premier Jack Lang’s The Great Bust‚ excerpts of which are reproduced in the CEC’s The Fight for an Australian Republic: From the First Fleet to the Year 2000 , pp. 44‑45.]

On 25^th January‚ American statesman and physical economist Lyndon LaRouche‚ the leader of the global fight to defend national sovereignty‚ stated‚ “People were scared enough to force an Evans-Pritchard piece to be suppressed‚ after it appeared … Evans-Pritchard says the British policy is one of imperialism—no national sovereignty. He said there is no sovereignty of nations anymore. And what he said is the truth‚ and that’s the issue they don’t want discussed. So therefore‚ in that case‚ don’t be naïve‚ don’t play by the so-called rules. Recognize what they are afraid of‚ and give them their worst nightmare.

“They don’t want to talk about this article?” LaRouche continued. “Well‚ we want to talk about this article. Why did you guys suppress this article? What wrong with it? He’s right. There is no sovereignty left in Europe. And that is exactly what they intend for the United States as well‚ and for the rest of the world.”

Those who are promoting such policies “are committing treason‚” LaRouche charged. “They are proposing to destroy the sovereignty of the United States‚ and to subject the U.S. to an international system which is an international empire‚ which is a new British Empire. All these fellows who support this stuff are obscenely attracted to the British Empire‚ which has already destroyed the sovereignty of the nations of Europe. If you do this‚ we don’t have any sovereignty. And if you’re doing this despite these facts‚ you are in fact committing treason … .”

Today‚ Citizens Electoral Council leader Craig Isherwood reiterated the CEC’s call for a government-run national bank‚ like the original Commonwealth Bank‚ to replace the central bank control of the economy:

“The ECB revelations reinforce what the CEC has always said‚ and what the patriots in the ‘old’ Labor Party always said: we don’t have sovereignty if our financial system is controlled by central bankers‚” Mr Isherwood said.

“Our fight for a national bank is a fight for our national sovereignty.”