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17 December 1982. Thought for the Week:
"A radical modification of the existing financial system will
make it possible to build up a strong and united nation free
from economic dissension, which would, by its strength, offer
a powerful deterrent to aggressive war. And, secondly, the
spectacle of a contented and prosperous Britain, willing to
trade but not forced by unemployment to fight for trade, would
provide an irresistible object lesson in genuine progress
and would be imitated everywhere."
C. H. Douglas in "The Monopoly of Credit" |
'IN WAR OR UNDER THE THREAT OF WAR'During the Depression of the thirties, produced by the same financial groups responsible for the current Depression, there emerged in Britain a movement known as Political and Economic Planning (P.E.P.). This movement brought into the open the nexus between International Finance, Big Business and Marxism. P.E.P. was a forerunner to movements, which have developed since the end of the Second World War - The Bilderbergers, the Club of Rome and The Trilateralists. P.E.P. stressed that it was only "in
war or under the threat of war" that British people would
submit to large scale centralised planning. Bearing in mind
its source, this statement provides a key to an explanation
of the deepening world crisis. The threat of military war,
sustained by the Soviet Union, itself a creature of the International
Financial groups which have sustained the Soviet and its satellites
with massive credits, is now augmented with the threat of
a disastrous international trade war as desperate nations
seek to solve their internal problems by feverish exports. ]As the international crisis deepens, the constant theme is being advanced that the only hope for mankind is planning on a global scale. Talk of "reforming" the international banking system, and the increasing promotion of the New International Economic Order, are all part of the Big Idea. Australians should carefully note that not only Prime Minister Fraser and associates like Mr. Andrew Peacock are keen supporters of the Big Idea, but that it is also endorsed by both Mr. Bill Hayden and Mr. Bob Hawke, although the lure of support from some of Australia's threatened secondary industries has resulted in the ALP suggesting that these industries are entitled to some protection against foreign imports. Although we believe that the Fraser Government and its advisers are reading the results of the Flinders by-election incorrectly, there appears to be little doubt that the "wage freeze" political gimmick did help to sustain the Liberals. For what it is worth, one public opinion poll claimed that 52 percent of the electors supported a "wage freeze", with 42 percent against. But 72 percent supported a policy of a freeze for twelve months on both wages and prices. The Premiers' Conference was an extension
of the Federal Government's political gimmickry and was designed
to try to provide Prime Minister Fraser with a policy on which
he might attempt a Federal election early next year, arguing
that he is attempting to provide "stability". Premier Wran
of N.S.W. is reported to have said at the Premiers' Conference
that it reminded him of the disastrous Premiers' Conference
in the Thirties, which drastically reduced purchasing power
and eventually resulted in the political defeat of most of
those who participated. The central truth about the worsening crisis in Australia is simple; there is inadequate purchasing power to buy the existing production. The policies of the Fraser Government, including the coming increase tax on petrol of 5 cents a litre (approximately 20 cents a gallon) are mathematically certain to maintain inflation at the present high level, which means that a "freeze" on wages will result in a further reduction in effective purchasing power. Many public servants are grossly overpaid in relationship to what they do, but "freezing" their wages and using the money "saved" to finance "job creating" schemes will not increase total purchasing power by one cent. The whole concept is an extension of the socialist programme. The total result is going to be a further undermining of important sections of Australian secondary industries. This is welcomed by the international planners and their local agents and dupes, who continue to insist that Australian industry must be "restructured". Part of the Big Idea is to reduce Australia to a type of off shore quarry to feed international industrial complexes based in Asia. Australia's future as an independent nation can only be secured by internal financial policies which free Australia from the alleged necessity to participate in the international trade war. The first essential step is the complete abolition of Sales Tax, followed by the policy of consumer price subsidies as promised by the Menzies- Fadden Coalition at the 1949 Federal Elections. |
EDGING CLOSER TO THE N.I.E.O.Both Australia and New Zealand have obediently signed The Law of The Sea - a United Nations concept that is part of the New International Economic Order package, and also recommended in the Brandt Report. So far the United States has refused to sign and the Reagan administration is coming under increasing pressure to do so. What is wrong with the Law of the Sea? The Institute Report went on to point out that one of the areas likely to be affected by the Treaty was the Antarctic, which is of major economic and strategic concern to Australia. This was followed by a most significant report in "The Weekend Australian" (Dec. 11-12, 82) as follows: "The United States Ambassador to the United Nations, Mrs. Jeane Kirkpatrick, yesterday spoke out strongly against the Law of the Sea Convention, which the USA and other Western nations - but not Australia - refuse to sign. The international bureaucracy running the UN is committed to achieving "global socialism" Mrs. Kirkpatrick charged. It advances a Marxist ideology based on the assertion that all poverty is the fault of the rich...." Mrs. Kirkpatrick is right. The documentation is overwhelming. The
Brandt Commission was a Socialist International project set
up by that body at its Vancouver Conference in 1978. Willy
Brandt is current chairman of the Socialist International,
which will be meeting for its Congress in Sydney next April,
hosted by the A.L.P. Senator Don Grimes has announced that
amongst those attending will be the Swedish Prime Minister
Olaf Palme (Member of the Brandt Commission), Mr. Bettino
Craxi of the Italian Socialist Party, the new left-wing Spanish
Prime Minister Mr. Felipe Gonzalez, the leader of the British
Labor Party, Michael Foot, and Chilean Radical Party chairman
Anselmo Sule. Meanwhile, the movement - Parliamentarians For World Order - has just sponsored a "United Nations parliamentary meeting on global development issues" from November 15th to the 17th. Attending on behalf of Australia was the Liberal Member for Higgins, Mr. Roger Shipton, Chairman of the Joint Committee on Foreign Affairs and Defence. According to reports, the conference was designed specifically for foreign affairs and development committees from key parliaments with the intention of exploring possibilities for progress in global economic negotiations. Mr. Shipton described the PWO as "a
United Nations centered group of 600 legislators in 25 countries
devoted to strengthening international institutions for the
maintenance of world peace.... Principal discussion items
will include food and raw materials, energy, trade, development
assistance, and monetary and financial questions...." |
WOOL OVER THEIR EYESEighteen months ago, just after it became apparent that Poland was bankrupt, Australia lent Poland $40 million "To buy Australian wool". Whoever dreamed up such a deal should have been sent to a psychiatrist. "The Financial Review" (30/11/82) said: "Poland is again in default of payment for wool purchased at auction during October and has again had its roll over cover on a $40 million line of credit, guaranteed by the Federal Government, temporarily suspended by the Export Finance Insurance Corporation. This is the third time in under 18 months
Poland has failed to make a prompt payment for wool purchases,
being in default of about $6 million in July last year and
about $2 million in late September this year.... A spokesman
for the wool brokers said yesterday that Poland had this time
failed to make the prompt payment on wool which was worth
considerably more than $2 million but less than $10 million.
He said brokers had paid woolgrowers in expectation of receipt
of the money and were now carrying the debt on behalf of Poland...." |
AUSTRALIAN CONSTITUTION 'STOOD ON ITS HEAD'Many actionists have been campaigning with the special issue (September '82) of the League's monthly journal of current affairs - Intelligence Survey on "The Threatened Destruction of the Federal Constitution". Now Mr. B.A. (Bob) Santarmaria, of the National Civic Council, has added his strong voice to sound the dangers involved in the now notorious "Koowarta Case" decision of the High Court of Australia of last May. In The Australian (November 30th)
in an article headed - "An undammed flow of power from the
States", Mr. Santamaria endorsed our own views: we can quote
only in part for obvious reasons: From Hansard Senator Crichton-Browne (W.A.): |