These People, the Financial Oligarchy which has ruled the World down through the centuries intends to destroy the Independent Sovereign Nation State called Australia they must, if their plan for Globalization is to go through. They must destroy the Australian constitution as well. They are doing it right now through something that is called the fractional reserve banking system, all they have to do is sit back and wait and it will come to them. It’s been called by many terms down through the years but the end result is going to be the same. Darwinism, Nietcheism, Marxism, Leninism, Stalinism, Socialism, Fascism, Communism, Capitalism and now Globalism. They are going to bankrupt Australia along with other Nation States at which point the United Nation’s International Monetary Fund and the World Bank will merge and become one entity and their will be One World Government through the United Nations with One Army, One Navy, One Air force too enforce it, One money system with One currency in the world and they will say which counties will receive funding for which projects and for what purposes. Sound far-fetched at the April 2009 G20 meeting which Kevin Rudd played a major role in securing (SDRs) Special Drawing Rights for the IMF International Monetary Fund. The London Telegraph’s Ambrose Evans-Pritchard cited the clause calling for the issuance of $250 billion in SDRs as “a revolution in global financial order.” “In effect, the G20 leaders have activated the IMF’s power to create money and begin global ‘quantitative easing.’ In so doing, they are putting a defacto world currency into play. It is outside the control of any sovereign body,” he wrote.
In 1975, Thirty- nine third world counties couldn’t pay their debts to the United Nation’s World Bank. So at a meeting in Lima Peru, between March 12th-26th. Under U.N.I.D.O. (United Nations Industrial Development Organization). Out of which came the (Lima Declaration and Plan of Action). This meant that the developed countries like Australia, New Zealand, Canada, U.K. and U.S.A etc, would wind their Industries down, shift them across to the third world, then import the goods back that we used to make here in Australia. And the Third World would be given a means in which they could come up to the First Worlds standard of living and be able to pay their debts. The vote was
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carried out by Bureaucrats on our behalf of Australian’s, who would never have to suffer the consequences and they voted in the affirmative. After accepting The Lima Declaration and plan of Action the Australian government decided to have a look at what this meant for Australia and Australians, by this time Malcolm Fraser was the Prime Minister, John Howard, the Treasurer and Andrew Peacock was the Minister for Foreign Affairs.
Malcolm Fraser, John Howard and Andrew Peacock went ahead and accepted it. On July 20th, 1978 The then Minister for Foreign Affairs Andrew Peacock gave an address to the Victorian Branch of the Australian Institute of International Affairs. The following is a text from that speech Page 5. “The transfer of technology to developing countries is another basic concern. We are participating actively in the work in the United Nations system aimed at drawing up a code of conduct for the transfer of technology. I am convinced that the developing countries would make rapid strides if the technology appropriate to their needs was made much more freely available to them. It is clear that the research and development capacity of the developed countries could be readily and relatively cheaply directed to that objective. In the field of Industrialization Australia has broadly accepted the Lima Declaration and Plan of Action on Industrial development and co-operation. We will therefore assist in action designed to accelerate industrialization in developing countries and will be participating fully in the relevant international consultations on that objective.”
In 1979, the Australian Treasury produced an economic paper number 6. titled NIEO an assessment of the proposals for the New International Order. This is what the Treasury said Chapter 5. Implications for Australian Policy. Quote “In this sense, the NIEO proposals as presented in the U.N. have serious adverse implications for Australia’s security and economic welfare.” “Moreover, an International economic system that involved the exercise of substantive economic or other powers by International institutions could impinge on Australia’s sovereignty in ways that could have serious implications for the nature of Australian society.”
Since that time 1975 on Australia has lost over 65% of its manufacturing base over seas and we have lost over 175,000 family farmers. (Thrown out, off their farms, for what?) So we can import the food that we used to grow here for ourselves. The Third World never came up to our standard we are going down to theirs. One could argue how the deliberate winding down of Australian Manufacturer’s and Farmers has benefited the third world if you read Pamela Bone’s article “A Bank’s Poverty Policy” The Age, November 25th, 1991. “Thirteen million children a year die of hunger and disease of poverty. To stand by and do nothing when the world has the resources to feed them could be a crime of genocide, Mrs. Justice Elisabeth Evatt told a recent conference of the Freedom from Hunger Campaign. The world is doing something isn’t it? What about the Billions of dollars of aid the West has poured into the Third World countries over the years? Last year alone the developed world gave the developing countries US$50 billion in aid. It took back US$93 billion in debt repayments and unequal trade deals. While rich countries plead compassion fatigue; the world’s poor last year gave US$43 billion the world’s rich.” The article further quotes Mr. Kamal Malthotra, the director of overseas programs for Community Aid Abroad saying “because the World Bank’s major shareholder is the United States, it is accused of echoing US policies and being little more than a debt collector for American banks.” The United Nations, World Bank and the International Monetary Fund were established to alleviate world poverty now they are causing it. Why? Under John Howard’s leadership Australia’s total Foreign debt rose by over two thirds, Since 1996 when John Howard took office to 6/12/2006 Australia’s Foreign Debt grew 170% to $522 billion or 53.4 % of G.D.P. and it is continuing to grow at about $50 billion per year, despite the biggest commodity boom since the 1960’s. At the same time he double the taxation take 1995-1996 $115,700,000 to 2006-2007 $217,866,000 And that is no cycle. In 1980, Australia had no Foreign Debt and the Rural Debt was $3.7 billion today the Rural Debt is over $54 billion if that trend continues there will not be enough primary producers to produce the food for Australia’s population. In 1960, Australia had 290,000 primary producers with a net rural debt of $77 million. By 1970, there were 250,000 with a net debt
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of $1224 million. In 1985, the primary producers were reduced to 170,000 carrying between them a debt of over $6,000 million. By 1988, farmer numbers had dropped below 150,000 while their debt had spiraled around $8,000 million and in 1990 $11 Billion, 2002 $26 Billion, 2009 $54 Billion. With less than 100,000 primary producers and family farms have been destroyed. (And no amount of rain is going to bring those farmers back they are gone forever.)
Brisbane Times, Business, June 4th, 2008.---Nassim Khadem.
“Australia’s Foreign Debt, Topped $ 1 trillion for the first time in the March quarter, as the nation borrowed at record levels from the rest of the world to finance its spending habits. The nation’s trade performance also deteriorated significantly during the three months to March 31st, with the current account deficit widening to almost $20 billion as the resources boom failed to boost a struggling export performance. In a reminder to the Federal Government of its mounting economic challenges, the Bureau of Statistics reported that Australia’s net foreign debt rose by almost $9 billion in the March quarter to a record high of $616.1 billion, equivalent to about 57% of Australia’s Annual Gross Domestic Product.
In gross terms—when the amount owed by the world to Australia is excluded from the figures—Foreign Debt came in at more than $1 Trillion (or $1000 billion) for the first time, prompting warnings from economists about our vulnerability to economic shocks.” Remember, One Billion months ago dinosaurs walked the earth. (One Billion months is 82 million YEARS.)
Today Australia’s Gross Foreign Debt is $ 1,232 Billion or 1.232 Trillion and rising.
If you wanted to pay off a Trillion dollars of debt at a dollar a second it would take you 32,000 years. Wake up, you ---- -------- can’t you see that these people are destroying our nation. All the major political parties are under their influence. And the Australian Banking system has been under their influence since 1924 when Prime Minister Stanley Melbourne Bruce arrived back from London with orders to destroy the powers of King O’Malley’s’ original Commonwealth Bank which Bruce did. Up until John Howard, Stanley Bruce was the only Prime Minister to lose his seat at an election. On the 12th February 27, 2010.
Commonwealth Government Debt was $122 billion 10% of GDP.
Australia’s Gross Foreign Debt was 1,232 billion or 1.232 (trillion). Over 100% GDP. Australia’s Household Debt was $1,200 billion or 1.2 (trillion) -100% GDP.
Foreign Debt of Australia’s Banks and other Financial Institutions $827 billion.
Bank’s and other Financial Institutions Foreign Debt with a maturity of less than 90 days $441 billion.
In 1960, 1 in 20 adults below retirement age were drawing welfare payments today that figure is 1 in 5. In 1960, there were 22 workers to every one person on welfare.
Today, there are 5 workers to every one person on welfare.
Australia is ranked 160th in the Current Account balance hierarchy.
These people also intend to drop the World’s population down from 7 billion people to 2 billion. They are doing that right now too through the implementation of a new tax (ETS) called Carbon Trading on Developing nations and Developed nations. And also by allowing the hospital system to decline with a growing number of senior citizens (Baby Boomers) needing more and more medical & pharmaceutical needs. The number of hospital beds, public and private per 1000 people has been in decline in Australia since 1975. In 1975 there were just under 7.8 public and private hospital beds per 1000 population in 2005 the number has dropped to 4 beds per 1000 population That is why 4000 Australians’ died in 2009 waiting for medical treatment.
In 1979, the then Australian Treasurer John Howard appointed a leading financier, Keith Campbell, to head the “Committee of Inquiry into the Australian Financial System”, Known as the Campbell Committee. Campbell who was not only the head of the Hooker Corporation here in Australia, but he was also tied to the Mellon Bank in the United States. Campbell’s report set the scene for radical deregulation of Australia’s financial system. Campbell’s proposals were so radical John Howard was unable to attract enough support in the Fraser Government to implement them. Then in 1983, when
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Labor came to power Bob Hawke and Paul Keating implemented them. They deregulated the banks; floated the Australian dollar; scrapped capital controls;(started Foreign Debt), lifted restrictions on interest rates; and opened Australia up to foreign banks, like Macquarie Bank—which started as the Australian branch of the “City of London’s” Hill Samuel Bank. Graeme Julian Samuel, Chairman of the Australian Competition and Consumer Commission (ACCC), Executive Director of Hill Samuel Australia Ltd, Executive Director of Macquarie Bank Ltd, Director of Grant Samuel & Associates Pty Ltd, Co Chairman of the Jewish Communal Planning and Development 1995-1997, Chairman of Commission Future Jewish Community Vic 1992-1997.
In the early 1980’s The Hawke-Keating government initiated massive privatization programs, which included Australia’s greatest financial institution, the Commonwealth Bank, later John Howard completed the banks privatization in 1996. In 1989, Paul Keating set up compulsory superannuation, which generated and directed the flow of money out of workers’ pay packets and into a deregulated financial system dominated by unleashed private banks, and new institutions like hedge funds and private equity funds, along with new forms of money, called derivatives, which were formerly illegal. Then in 1991, Keating and the state treasurers signed off on a report by a Macquarie Bank executive, Fred Hilmer, into “competition” policy. This report mandated all levels of government to allow private financial interests to take down every area of the economy under public ownership or control or government regulation for “increased competition” and Graeme Samuel was picked to enforce this new policy. In the early 1990s, Victorian Premier Jeff Kennett and Treasurer Alan Stockdale went on the biggest privatization spree of any nation in world history, selling $30 billion in assets in three years, all under the cover of the new competition policy. The head of Kennett’s Business Roundtable of advisors was Macquarie Bank’s Laurie Cox; Macquarie Bank financed the think tank called the Tasman Institute, which co-wrote Kennett’s privatization blueprint, entitled (Project Victoria); and Macquarie Bank earned tens of millions of dollars in fees from the Victorian Government for brokering the sales. Morris Iemma tried to ram through the privatization of the N.S.W. electricity system, it was to finance the extension of Macquarie Bank’s M4 Motorway. When Alan Stockdale left politics he went to work for Macquarie as did Bob Carr, so does Paul Keating’s sister Anne, John Howard’s brother Stan, former Howard government minister Warwick Smith and former Keating government minister Michael Lee members from both Keating and Howard’s cabinets now work for Macquarie. When Lindsay Tanner retired from politics he cited his young children as the reason, saying they “need me more than my country needs me”. On September 10th 2010, he announced that he was going to work for investment bank Lazard, Freres where former PM. Paul Keating is Lazard’s international chairman. Lindsay Tanner’s government awarded Lazard a multi million dollar contract to advise on the financing of the $43 billion national broadband network. Between 1993 and 2008, Macquarie Bank’s funds under management grew from $8.9 Billion to $232 Billion, it’s annual profit grew from $59 million to $1.8 Billion, it’s number of employees expanded from 132 to 13,000 and it’s net worth from $341 million to $16 Billion.
Privatization started in Australia with the federal sale of Qantas and the partial sale of the Commonwealth Bank in 1991, N.M. Rothschild and Sons director Sidney Baillieu Myer was the chairman of the Mont Pelerin Society front the Tasman Institute. Which co-wrote the Kennett’s “blueprint for reform”, Project Victoria. Rothschild’s became the key creditor to many of the companies that snapped up the assets.
By 1998, according to Naill Ferguson, author of ‘The House of Rothschild’.
Rothschild Australia accounted for an incredible one third of the global, N.M. Rothschild’s groups profits. Rothschild / Inter-Alpha group partners are The Royal Bank of Scotland, ING, the Spanish giant Banco Santander.
Rothschild Australia chairman is Trevor Rowe, he is the leading business advisor to the Queensland Government and until recently was the chairman of the Queensland Investment Corporation (QIC), and his Rothschild Australia was the lead advisor to Anna Bligh’s predecessor Peter Beattie’s sale of Queensland’s electricity retail assets in 2007. Former Liberal Prime Minister John Howard turned
Rowe informally and sometimes as a formal advisor, on the sale of Telstra, Commonwealth Bank and Sydney Airport. Now Rowe’s Rothschild Australia is one of the three lead advisors, along with Merrill Lynch and fellow Inter-Alpha Group member RBS (Royal Bank of Scotland), advising Premier Anna Bligh on the Privatization of Queensland’s Ports, Rail, Roads and Forestry. One of Rowe’s positions is as a member of the “Board of Guardians” of the Federal Government Future Fund, the $66 Billion fund set up by Howard and Costello with the proceeds of the sale of Telstra. As well as Rowe, the Board of Guardians is chaired by former CBA boss David Murray, and has members drawn from other banks including CBA, Suncorp, and J.P. Morgan, (the only non-banker is Peter Costello, His new job is managing director of BKK Partners, which was founded by “former” executives of Goldman Sachs). Following the August 2007 onset of the global financial crisis, the Future Fund, under the stewardship of these bankers, took the lead in bailing out Australia’s Banks; $35 billion of the fund was deposited among the banks to provide a desperately-needed capital boost, and significant portions of the balance were lent to the banks, and invested in bank bond offerings.
And that is the reason now why there is quadrillions upon quadrillions upon quadrillions of un-payable debt in the world and as Lyndon La Rouche quite rightly points out that the world will be headed for a new dark-age the same as the last one in the 14th century when the Venetian bankers collapsed world trade and commodity prices

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