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Draft Legislation To Restore the Original Bank of the United States
Returning the U.S. Economy to the Principles of the U.S. Credit System
by Michael Kirsch
Only in brief periods of United States history has the government used its powers to create an economy operating according to the time constraints of growth, unifying the physical economy with the financial system, and thus allowing nation-building to be guided by the intent of future productivity. Only for brief periodsin 1789-1801, 1823-1830, 1861-1869, and 1933-1944when the economy was operating under the guidance of a credit system policy, has the U.S. economy been properly conducted in accordance with the design of the Constitution.
In all other periods, nation-building was internally or externally attacked, and U.S. policy was subverted by monetarism. In each mentioned period, the credit system of the United States has been the means to break from that control, and to expand and develop the United States and other nations. It has been precisely the brilliant success and effectiveness of the U.S. credit system which has made it the object of attack and obfuscation.
Monetarism constantly looks backward to the past, with the aim of monetizing the results of past production, rather than the creation of new wealth. The credit system operates on confidence in the future. Rather than depending on past production, or stores of wealth, it creates wealth by tying the future completion of projects, and production of goods and manufactures...
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Economics
- The Game Is Up:
The Fed Is Bankrupt
The cat is out of the bag: The Fed is bankrupt. The same applies to the thoroughly bankrupt U.S. banking system, and to the British Empire's entire trans-Atlantic financial system as well. Author Dennis Small shows that the policy of endless hyperinflationary bailouts has finally reached the end of the line.
- EU's Greek Policy Is 'Regime Change' by Warfare Against the Nation-State
Helga Zepp-LaRouche's interview in a Greek daily is a strategic intervention into the crisis in Greece, where the European financial oligarchy is inflicting the worse humanitarian catastrophe, since Greece's occupation by the Nazis in World War II.
National
International
Classical Culture
- A Doctrine Concerning Man
by Lyndon H. LaRouche, Jr.
'The misguided popular view, which is prevalent among today's so-called 'leading popular opinions,' is to be recognized as being, so-to-speak, both 'upsidedown,' and 'inside-out,' ' LaRouche writes. 'For example: Classical musical composition, as typified by Johann S. Bach, and Classical drama and poetry, are essential elements of statecraft which have a uniquely essential part, in their role as preconditions, in providing such categorically essential elements of human culture as may be urgently needed, still, for the promotion of human progress and security.'
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