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A New International Credit System
National Banking

Schematic of a national bank


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

The Australian Ad: "An Urgent Call for a New National Bank", September 26, 2002


Background

Click here to watch the 15 minute feature video

  • LaRouche PAC Releases Draft Legislation to Restore the Original Bank of US

  • The basics of a national credit system

  • Why Australia urgently needs a national bank (html).
    (PDF version)

  • Australia Needs a Government-Owned National Bank, a ‘People’s Bank’

  • A national bank to stop fascism [PDF] [HTML]
  • What is a credit (as opposed to a monetary) system? (PDF)

  • LaRouche and Chifley On bank nationalisation (PDF)
  • The Ontology of the Credit System
    October 9th, 2011
    Basement Research Team Director, Sky Shields gives an in depth description of the Credit System and why Mankind as a species requires such a policy.

  • LPAC Interview: The Credit System with Cody Jones
    Ed Hamler sits down with Basement Team Researcher Cody Jones to discuss the true nature of the United States Credit system.

  • 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.

  • The Credit Show: Money Psychosis

  • LPACTV: The Role of the United States

  • LPACTV: The Credit Dollar: Steps Toward the Big Four

  • LPACTV: The U.S. Credit System (Pt. I)

  • LPACTV: Glass-Steagall—From Money to Credit (Pt. II)

  • LaRouche: It’s Time To Develop a Third U.S. National Bank

  • Hamiltonian Basis of A Global Credit System

  • LaRouche Replies to Query on National Bank

  • Hamilton’s Report On a National Bank

  • Hamilton Counsels Congress: Rediscover Your Powers
  • LPACTV: The Constitutionality of the National Bank

  • LPACTV: Hamiltonian Dynamics
  • LPACTV: The Fight for a Global Credit System—Introduction
  • LPACTV: The International Credit System—A Moral Commitment
  • LPACTV: Hamilton's Constitution

  • LPACTV: Credit vs Monetary Systems

  • LPACTV: Let Me Talk To You About Banking...
  • LPACTV: Keynes, a fascist Now, as Then
  • LPACTV: National Debt, A National Blessing: Hamilton's National Bank

  • LPACTV: The American System Part 1: Introduction to National Banking
  • LPACTV: The American System Part 2: Transition into the Credit System
  • LPACTV: The American System 3: The Mission Before Us
  • LPACTV: American System Series Part 4: The National Bank
  • LPACTV: The Fraud of "Nationalization"
  • LPACTV: Nationalization No—Bankruptcy Yes!
  • Bankrupcty reorganisation & a new credit system


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