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Schiller Conference Pledges To Fight for Glass-Steagall
by Nancy Spannaus
April 16A two-day conference of the Schiller Institute, held in Frankfurt, Germany April 13-14, brought together over 300 people from every continent on the globe, to discuss the urgent necessity of creating a New Paradigm for Civilization, based on a radical shift in economic, strategic, and cultural policy. After intense presentations and dialogue, led by Schiller Institute founder Helga Zepp-LaRouche, the participants pledged themselves to taking up the international fight to reinstate the FDR Glass-Steagall law, by adopting the following resolution:
``We, gathered here in Frankfurt, Germany, representing countries from all continents, give our full support to the immediate voting up of a Glass-Steagall Act in the United States, both in the House of Representatives and the Senate, in line with the Marcy Kaptur-Walter Jones `Return to Prudent Banking Act' HR 129.
``We are all convinced that it is a matter of life or death, and that it is only a Glass-Steagall Act in the United States that can stop the genocidal policies of the world-monetarist system, and that it is the necessary weapon to break the chains of the British Empire. To say it in one word: It is either Glass-Steagall, or chaos and genocide.
``We, in our respective countries, are therefore committed to lead that fight for a Glass-Steagall principle, both in the United States and within each of our nations. Glass-Steagall is only the first step. We must also replace the present monetary system with a public credit system in the tradition of Alexander Hamilton,... |
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