A New International Credit System National Banking
Draft Legislation for Australia
1. A New National Bank
In 1994, following extensive discussions with Lyndon LaRouche, the CEC composed draft legislation to re-establish the Commonwealth
Bank as a national bank, with expanded powers and functions
along the lines originally envisaged by King O’Malley first, and
then by John Curtin and Ben Chifley. A summary of the draft bank
bill is followed by the draft legislation itself. Download PDF of Draft Legislation
2. A Debt Moratorium for Farms and Industries.....
Under globalisation, deregulation, and an unjust tax system, our hard-working farmers and industrial entrepreneurs have been savaged. They urgently need relief, in order that we can begin the process of the reconstruction of Australia’s physical economy. Toward that end, the CEC drafted the Productive Industries and Farms Domestic Debt Moratorium, Amelioration, and Restructuring Bill, a summary of which follows and then the legislation itself. Download PDF of Draft Legislation
Basement Roundtable: Give Credit where Credit is Due
Cody Jones, Sky Shields, Liona Fan Chiang and Meghan Rouillard discuss the implications of the scientific principle which Lyndon LaRouche has referred to as a credit system, from the standpoint of the arc of evolution of life on earth understood as a coherent system, leading up to the role of an immortal mankind today. We refer to two recently released features, Demanding Mind and A Vernadskian Law of Evolution.