Don’t fall for super tax phony “debate”—

Nationalise Australia’s resources

The resource super tax debate sparked by the Henry tax review is completely phony, because only fully nationalising our resources will stop Australia being looted by the British Crown’s global raw materials cartel, declared Citizens Electoral Council leader, and candidate for Wills, Craig Isherwood today.

“This is a phony debate, because both sides look at our national resources from a purely monetarist standpoint, i.e. how much money can be extracted from them, rather than how those raw materials are deployed in the productive process, here in Australia and overseas,” Mr Isherwood said.

“Australia lets Rio Tinto and BHP use their global duopoly status in iron ore to charge as much money as they can, which drives up the cost of steel—the commodity which is essential to the function of practically every aspect of human life.

“All resources are looked at the same way—making paper money out of them through monopoly, extortion or speculation is more important than what those resources are essential to do.”

He said the Rudd government is doing the same thing with its resource super tax:

“Rudd has bankrupted Australia to bail out the banks, and he’s looking at extracting money out of the resource sector to fill the hole.

“He actually wants Rio and BHP and the rest to keep screwing the world for using these essential raw materials, because he wants them to make the ridiculous super profits so he can tax them.”

The CEC National Secretary reiterated his longstanding call for Australia’s resources to be nationalised:

“The only way for Australia to assert its sovereignty over its own resources, is to kick out the Queen’s Rio Tinto, BHP Billiton and the other members of the Anglo-Dutch raw materials cartel, and nationalise the industry,” he said.

“We must develop and deploy those resources where they are needed in a reindustrialised Australian economy, and into our Asian-region neighbours through long-term, government-to-government contracts.

“Let’s go back to ‘old’ Labor’s patriotic fight for sovereignty, not seen since Whitlam’s Minerals and Energy Minister Rex Connor’s vow to ‘buy back the farm’.”

Exporting raw materials steals from Australia

Just one of the important reasons for nationalising the resource sector, Mr Isherwood insisted, is that when the industry exports mainly raw materials, with no value-adding, it robs Australia of wealth in the form of jobs and industries.

He cited then Prime Minister John Gorton’s 23^rd January, 1970 Federal Cabinet submission for the establishment of the Australian Industry Development Corporation (AIDC), which proposed to use the Federal Government’s credit rating to borrow funds for capital investment in processing raw materials in Australia. Using the example of one million tons of bauxite, the submission* showed that:

exporting the primary product earned:	$5 million
exporting after converting into alumina:	$27 million
exporting after converting into aluminium:	$120 million
exporting aluminium products earned:	$600 million!

“These figures show that our current so-called mining ‘boom’ is actually looting Australia to death,” Mr Isherwood said.

He concluded, “Only nationalising the sector, will ensure the mining and processing of our raw materials is conducted in the national interest, and in the interest of future generations.”

* John Gorton: he did it his way, by Ian Hancock, p. 267.

ISHERWOOD: SHUT DOWN THE ROTHSCHILD/INTER-ALPHA LOOTING OF AUSTRALIA

The Australian government should immediately shut down the Rothschild/Inter-Alpha Group’s operations in Australia, to stop the decades of globalised looting that has laid waste to Australia’s physical economy, Citizens Electoral Council leader Craig Isherwood declared today.

“Australia has been plundered for decades by this gang through scams like privatisation—the Rothschild’s specialty—but it has to stop,” Mr Isherwood declared.

The CEC National Secretary was responding to the explosive revelations in the 13th March webcast address by American statesman Lyndon LaRouche, which indicted the Rothschild-directed Inter-Alpha Group of Banks for its current role in coordinating the looting of nations—notably Brazil through the carry trade—on behalf of the City of London to prop up their collapsing British financial empire.

LaRouche charged that N.M. Rothschild & Sons and its Inter-Alpha Group partners, including The Royal Bank of Scotland, ING, and Spanish giant Banco Santander are bankrupt, and stuffed with fraudulent assets, to prop up the value of which they are looting Brazil through a carry trade which last year netted them average returns of 25 per cent—paid out of the hides of the Brazilian people—in the same way the same gang, and for the same reason, coordinated the brutal looting of post-Soviet Russia in the 1990s through privatisation, which gutted Russia’s industrial base and reduced its population by millions.

“For twenty years, Australia too has been physically looted by the same British gang that destroyed Russia in the 1990s, and is destroying Brazil today,” Mr Isherwood said.

Mr Isherwood detailed the history of the Rothschild-directed looting of Australia, through privatisation:

Privatisation started in Australia with the federal sale of Qantas and the partial sale of the Commonwealth Bank in 1991, but the election of Jeff Kennett in Victoria in 1992 was the start of a fire sale frenzy, in which more than $30 billion worth of state government assets—mainly electricity—was sold in three years.

The Rothschild gang initiated and directed the whole process: N.M. Rothschild and Sons director Sidney Baillieu Myer was the chairman of the Mont Pelerin Society front the Tasman Institute, which co-wrote Kennett’s ominously-titled “blueprint for reform”, Project Victoria; Rothschild then became a key creditor to many of the companies that snapped up the assets.

By 1998, according to The House of Rothschild author Niall Ferguson, Rothschild Australia accounted for an incredible one third of the global N.M. Rothschild’s groups profits!

Lawfully, there has been an enormous public backlash against privatisation since the Kennett fire sale, and John Howard’s final sale of the Commonwealth Bank, and sale of Telstra.

In 2008, NSW Premier Morris Iemma self-destructed when he tried to ram through the privatisation of that state’s electricity system against the overwhelming opposition of voters and his own party (an early indication of the growing mass-strike which is continuing to grip Australia).

But in Queensland, State Premier Anna Bligh has earned the nickname “Captain” Bligh for ploughing ahead with probably the most comprehensive fire sale of state assets since Kennett’s pillaging of Victoria, in open defiance of an overwhelming majority of Queenslanders.

The CEC’s Queensland State Secretary Jan Pukallus has denounced Bligh’s policy as Mussolini-style fascism: “By ramming through a policy that the people of Queensland hate so much, Bligh is proving she’s a fascist,” she said.

Like Jeff Kennett’s fire sale, Bligh’s flog-off is being directed by the Rothschild/Inter-Alpha gang. Rothschild Australia chairman Trevor Rowe is the leading business adviser to the Queensland government, until recently the chairman of the giant Queensland Investment Corporation (QIC), and his Rothschild Australia was the lead advisor to Bligh’s predecessor Peter Beattie’s sale of Queensland’s electricity retail assets in 2007.

The 9th August, 2008 Courier-Mail profiled Rowe, under the headline, “Meet Trevor Rowe, a man with wide connections”. Authors Tony Grant-Taylor and James McCullough reported, “A prime part of investment banking, together with the skills of the dealer and trade, is broad connections—and Rowe forged very useful contacts. Former Liberal prime minister John Howard is a long-time Rowe mate. And Howard turned to Rowe, informally and sometimes as a formal adviser, on the sales of Telstra, Commonwealth Bank and Sydney Airport.

“Not that he was unwelcome on the other side of politics, as is evidenced by his appointment by Queensland’s Labor government in 2001 to replace Jim Kennedy as QIC chairman. And Rothschild won the much-sought-after mandate to advise the Beattie government on the sale of Queensland’s retail electricity assets.”

Now Rowe’s Rothschild Australia is one of the three lead advisors, along with Merrill Lynch and fellow Inter-Alpha Group member RBS (The Royal Bank of Scotland), for the remainder of Anna Bligh’s privatisation smorgasbord of 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, and added to from federal surpluses.

Although its name implies long-term investment for Australia’s future, the Future Fund is a huge scam to funnel the public’s money straight into the financial markets, managed “independently”… by bankers!

As well as Rothschild’s Rowe, the Board of Guardians is chaired by former CBA boss David Murray, and has members drawn from other banks including CBA, Suncorp, and JP 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.

“The Rothschild/Inter-Alpha gang’s decades-long plundering of Australia is a key part of their looting operations worldwide,” Mr Isherwood observed.

“For the sake of Australia, and the world, it must be stopped.”

He concluded, “Lyndon LaRouche has laid out the principles of an international credit system based on national banking to finance the economic development of sovereign nation-states, which must replace the parasitical British monetarist system typified by the Rothschild/Inter-Alpha gang, if the world is to avoid a new dark age.

“This is what the CEC is fighting for in Australia, so to all Australians who are sick to death of privatisation and looting, I urge you to join us.”

Citizen Electoral Council Calls For Population Rise-5o MILLION BY 2049

Populate or Perish: Australia needs 50 million people plus!

Treasury’s recent upward revision of Australia’s projected population estimate for 2049 of 35 million, due to a rising birthrate and rapid growth in migration, still falls well short of what Australia needs, and what infrastructure visionaries such as Dr J.J.C. Bradfield, or more recently Prof. Lance Endersbee, have demonstrated is possible.

Dr J.J.C. Bradfield, architect of Sydney’s underground railway, Sydney Harbour Bridge and the shamefully still shelved Bradfield Scheme, was calling for a 1991 population target of 40 million back in 1941. Emeritus Prof. Lance Endersbee, former Dean of Engineering at Monash University and a veteran of the Snowy Mountains Scheme and Tasmanian hydro scheme, stated in 2006 that “The top end of Australia could carry 50 million people alone.”

Standing in the way is the Government’s economic rationalist monetary policies, reaffirmed by Treasurer Wayne Swan at the recent launch of a new institute for population ageing research when he committed the government to “spending restraint”: “New policies will have to be funded by reprioritising within existing resources, rather than expanding the total quantum of government spending—doing more with less,” he said.

“Such comments reveal the true impotence of our current political leadership in this country,” CEC leader Craig Isherwood said today. “Dr Bradfield would be turning in his grave, as he himself said, ‘To populate and develop Australia we must spend money to make money.’

“The major infrastructure projects and expanded immigration policies that occurred in Australia during the fifties is the only answer to achieve real economic health for future generations. What’s needed is the political will and courage, as demonstrated by Ben Chifley and his approval of the Snowy Mountains Hydro-electric Scheme. Such vision saw Australia’s population increase 25% in that decade and there is no reason it can’t happen again.

“The courage though is to defy the current short sighted economic monetarist dogma and implement our own credit-based system to finance the projects,” Mr Isherwood continued. “We need greater regulatory control of our banking system along with a government controlled national bank, able to issue credit at long term low interest to fund such infrastructure projects. Such a bank could be in the form of government agencies, like the Reconstruction Finance Corporation along with the Tennessee Valley Authority which Franklin D. Roosevelt established in the U.S., which lifted that country out of the Great Depression to become the industrial powerhouse of the world.” (To read more about the measures employed by FDR click here to purchase the LaRouche Special Report, Economics: The End of A Delusion)

“Such growth in the real physical economy, rather than the current speculative ‘growth’ observed in the paper economy, will see real investment returns flowing back into our ailing health and social welfare sectors, which this country desperately needs.

“People need jobs, and major water projects provide a much needed boost to our machine tool industries through their construction, as well as the longer term benefits of opening up more of Australia for more expansive and intensive agricultural development and general rural sector growth.”

Mr Isherwood concluded, “Lyndon LaRouche has forecast the imminent collapse of the U.S. economy and the global monetarist system, unless there is a major policy shift within the Obama administration. If the Rudd government truly wants to take the lead in global economic reform on the world stage, it must invest in some real nation building infrastructure and establish the institutions to generate the credit required to do so.”