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by Matthew Ehret-Kump
An election now looms over the horizon in Canada. This is no ordinary election however, as it is occurring during a historic moment where the world economy has entered the eve of the greatest financial meltdown in history. Unemployment across Canada and North America has sky rocketed to Great Depression levels (1), and over 25 trillion hyperinflationary dollars have been hysterically printed by the U.S government over the past 12 months to keep the dying banking system from melting down. As a population watches its vital services cut or privatized to pay for these obscene bailouts, one can’t help but note that the smell of revolution is in the air. It is in this atmosphere that the stage has been set for Canadians to show their true backbone (or find it for the first time), as the question becomes; are we to engage in collective stupidity, in watching another repeat of the media directed reality TV show known as Federal Election Circus, or are we going to use our minds and say “NO MORE”? The election sham has begun and neither side has said a thing bearing on reality at this stage, and unless the population wakes up very quickly and shakes off a serious case of mass amnesia to demand that reality is addressed, reality will not be addressed rationally, and we will find ourselves, and our children doomed to a new type of global feudalism on a scale never seen before. Michael Ignatieff the leader of the Liberal Party has made Unemployment Insurance (E.I) his baby which he hopes to use as a battering ram to topple the current Conservative Harper government. Ignatieff has campaigned on the dysfunctional EI system (2) as a part of his larger platform based upon the similar rhetoric used by the hope and change president Obama of the U.S.A. Both have promised new eras of prosperity for either nation by returning to the highest ideals of mankind embodied in the great political reforms of Franklin Delano Roosevelt’s New Deal. On closer inspection, these promises are as truthful as the broken system they are a part. The only reason that either one of these blatant liars has made it as far as they have, is for naught but the simple lack of understanding on the part of the population as to what Franklin Delano Roosevelt truly did in his terms in office from 1933 to his untimely death on April 12, 1945. This report will focus on introducing the reader to certain common popular mythologies in history, politics and especially economics with the intent to see through the dense fog now lingering annoyingly around the modern political process. It is highly advisable that the reader not simply take the opinions contained here within by the author as true, but to follow up on the footnotes and related material contained on www.larouchepac.com and www.lymcanada.org
solution” of choice across Europe, in agreement with the wishes of British financiers and most Wall Street networks. (3) His mode of attack featured the greatest social safety net ever seen in the form of the Social Security Act of 1935, carrying with it old age insurance, aid to dependent children, and unemployment insurance. Revolutionary, yes, but alone it was less than useless. In fact, the social security reforms were but one of 4 pillars which all supported equally the great structure built upon them. The other three were: 1- Massive job creation through hard and soft infrastructure development financed through public credit. This credit was issued from the Reconstruction Finance Corporation (RFC). 2- Banking Reform, and a return to Hamiltonian state credit for public works, and other internal development 3- A war against Wall Street Predators resulting in the greatest wave of government regulation ever seen and achieved through the Pecora Commission which exposed Wall Street’s Ponzi schemes (4), thus resulting in the creation SEC (5) and Glass Steagal Act of 1933 (6) (to name a few) Should any one pillar be removed, the structure of the New Deal would collapse. Should any one pillar be built without the other three, the support would never hold. Thus, they could not be effected linearly, one after another, but rather all together as one single dynamic thrust. Through this genius, millions of productive jobs were created bringing unemployment down from 12.9% in 1933 to 7% in 1937 (7). It is now estimated that for every productive job created in infrastructure, a multiplier effect of 3-4 jobs were generated in indirect employment and services. Thus public funds were used to commission private enterprises to construct great projects, the control and use of which was ultimately in the hands of the government and for use by the people… who were thus NOT to be taxed, tolled or extorted otherwise for projects they paid for. Thus, while Roosevelt used public funds to commission private enterprise to build public works, his was not the PPP model now extolled so highly by today’s elite… though Mussolini’s corporatist model certainly was. (8) In this scheme, not only was power to direct long term development back in the hands of the people and their elected government, but the very ideas of value and economy were re-defined from the superficial world of market price, towards the more truthful field of the human creative potential. The dogmatic belief that economic progress was driven by consumer spending gave way to the higher understanding that consumption was driven by improvements in technological and social progress. Or better understood by FDR’s current representative and American physical economist Lyndon LaRouche; The increase of the productive powers of labour per capita and per sq km were the fruits of the unlocking of the creative powers of the human mind in changing the biosphere. This is what Roosevelt understood to be the proper study of statecraft and American System Political Economy. And this process reverberated strongly during and after the war through Canada, Europe and beyond, the effects of which can be observed in Germany’s Kreditenstaldt Fur Wiederaufbau and the Marshall Plan’s reconstruction of
“"They (who) seek to establish systems of government based on the regimentation of all human beings by a handful of individual rulers call this a new order. It is not new and it is not order." - FDR 1941 When Franklin Roosevelt came to power in 1933, he had entered a world not too dissimilar from our own. He met a world in shambles after an unregulated market system came crashing down under parasitical speculative bubbles, an insolvent unregulated banking system, while universal fascism was being adopted as the “economic
Europe, or use of the National Bank of Canada in constructing many of our greatest projects such as the St Laurence Seaway. This misconception is fatal not simply because it renders your ability to think critically impotent, but it also destroys the vital knowledge of the difference between Public Private Partnerships, and Rooseveltian Public Works. Today, through years of tragic miseducation, corruption and media lies, the distinction is absolutely blurred, while in the 1930s, this spelled the difference between democracy and fascism. (9) Today Michael Ignatieff promises to bring Canadians hope and change, and he expects you not to ask questions such as “how does he hope to do this?” Through the disastrous effects of globalization imposed upon the world by the 1971 destruction of FDR’s Bretton Woods System, nation states have been induced to systematically deconstruct their agricultural- industrial potential, all for immediate speculative gains to the advantage of none but a small layer of financial elite. National sovereignty has been bought and sacrificed at the altar of Mammon (10), and Ignatieff, like Harper, properly observed from this vantage point is but another ideological creature of this parasitical system.(11)
(1) Exposed: Revealing Truths about Canada’s Recession, Armine Yalnizyan, Apr 2009 (2) In 1991, 81% of unemployed qualified for EI, while by 2009, the average has dropped to less that 40%. -Uninsured, Why EI is failing working Ontarians, May 2009 Navjeet Sidhu, Social Planning Ontario (3) For more on the British Empire, Wall Street backing of European fascism, see www.larouchepac.com/firewall, and George Bush: The Unauthorized Biography, by Webster Tarplay and Anton Chaitkin (4) http://www.huffingtonpost.com/robert-kuttner/a-real-pecoracommission_b_209572.html (5) Security and Exchange (1934): set up to regulate and oversee the securities markets (6) Glass-Steagal regulation forced an absolute separation between commercial banking from investment banking. Its repeal by Obama economic advisor Larry Summers, while Treasury Secretary in 1999 allowed for the creation of the real estate bubble by Greenspan et all, resulting in the current destruction of pensions, savings etc as seen in Le Caisse de Depot’s $40 billion pension losses in early 2009. Losses that never would have been possible under properly enforced GlassSteagal standards. (7) Then and Now: Why Roosevelt’s Explosive 1933-45 Recovery Worked, Richard Freeman, 2002. Published in Economics: The End of a Delusion (8) Mussolini Corporatism see LpacTV’s “What is Corporatism” by Ed Hammler on larouchepac.com (9) How Not to Build a Commuter Railroad, L. Wolfe Executive Intelligence Review, Feb 2008 (10) Christian reference to the deification of Greed. “Lay not up for yourselves treasures upon earth, where moth and rust doth corrupt, and where thieves break through and steal: But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and where thieves do not break through nor steal: For where your treasure is, there will your heart be also. No one can serve two masters, for either he will hate the one and love the other; or else he will be devoted to one and despise the other. You can not serve both God and Mammon.” —Matthew 6:19-21,24 (11) Michael Ignatieff and the New Liberal Fascism by M.Ehret, Aug 2009, www.lymcanada.org/index.php/documents/39-assorted/126blank (12) "Perhaps those agencies, combined with UNEP and the United Nations population agencies, might eventually be developed into a Planetary Regime, —sort of an international superagency for population, resources, and environment. Such a comprehensive Planetary Regime could control the development, administration, conservation, and distribution of all natural resources, renewable or nonrenewable, at least insofar as international implications exist. Thus, the Regime could have the power to control pollution not only in the atmosphere and oceans, but also in such freshwater bodies as rivers and lakes that cross international boundaries or that discharge into the oceans. The Regime might also be a logical central agency for regulating all international trade, perhaps including assistance from DCs to LDCs, and including all food on the international market.”-John Holdrin, Ecoscience: Population, Resources, Environment, 1977 p.942-943 *http://www.larouchepac.com/hbpa (13) For more on FDR’s post war intention, see www.larouchepac.com/1932 And “As He Saw It” by Elliot Roosevelt 1946 (14) NAWAPA-PLHINO: Future of the Americas Lpac Feature http://www.larouchepac.com/node/9257
What is the Alternative?
Lyndon LaRouche has uniquely called for certain emergency measures by patriotic layers of all nations who see that this game has finally come to an end, to act now. The international political movements that bear his ideas have organized for emergency legislation across the board to be adopted to meet the vital needs of the world population now, or face a world wide collapse of 6.7 to 1-7 billion within the coming 2 generations. According to the writing of many an oligarch sympathizer, including Barak Obama’s very own science czar (12), this disgusting prospect is actually desirable. In terms of concrete legislation, LaRouche’s Homeowners and Bank Protection Act* must be passed now in the United States, to begin a process of orderly bankruptcy re-organization. Similarly all nations must begin processes in line with FDR’s Pecora Commission to audit all of the major unlawful banking practices which have resulted in the absolute insolvency of the international banking system. Following such measure, an international New Bretton Woods Conference must be convened in the immediate weeks ahead to set up a new just financial architecture as envisioned by Franklin Roosevelt before his death for post war development (13). This is the great mission which Canada can participate in. Although still a young nation, Canada can finally come of age as she breaks out of the monarchical womb and finally develops her sovereignty. Projects like the Bering Strait Land Bridge (proposed by Russia in 2007), the North American Water and Power Alliance (14), space exploration, Nuclear Power and Rail building await our change of will. The spirit of an inspired people to accomplish the impossible yearns continuously for its moment to burst forth from the domain of potential into living actuality. This is the untapped potential of a resource which never runs dry. And this is physical economics.
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