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The problem with the Federal Reserve austerity process is that it is centered on a built in deep, deep, artificial poverty which cannot support the needed scientific, technological, and infrastructural development on which human life has become to depend. The privately operated Federal Reserve process, must therefore be regarded as a very deadly process, which it is. The advance guard of today should therefore demand the complete removal of this deadly process that is represented not only by the Federal Reserve and similar institutions, but also by the IMF and other similar global organizations. Unless this call is made, and Lyndon LaRouche is making this call, and the call is heeded, which it isn't, mankind renders itself unfit to survive. The truth of this statement is actually already being felt in many parts of the world.
Lyndon LaRouche proposes to take the Federal Reserve out of the hands of private speculators who play the games of the Empire, and make it a federal bank, which, then, enables the nation to replace the deadly financial processes that the Federal Reserve is pursuing and supporting today, with a process designed for infinite development. By nationalizing the Federal Reserve the nation would issue itself interest free credits for its self-development. This type of process is very much in line with the process that Christ Jesus has defined as pouring in "oil and wine" into the wounds of the injured man, in order to heal them.
Lyndon LaRouche sees the model for such a federal institution in the federally owned Bank structure that was created on the principle of the nation-state and was first set up by Alexander Hamilton in the early years of the United States of America. Hamilton's federal bank was a development oriented banking structure in which created credits were transformed into creative physical processes that reflected themselves as wealth for the nation. Today, Lyndon LaRouche's call for the re-establishment of such a system is, unfortunately, answered with disdain. The world wants its feudal interest payments, and it wants twice, or twenty times, the the amount that the productive economy earns in profit. The world calls LaRouche an extremist because he insists that the physical economy cannot give away what has not been produced. He is an extremist, indeed, in that he attacks the modern society's belief that it can make up the shortfall between what it needs or demands and what it produces by stealing from each other, beginning at the poorest of the poor.
The scientific fact is that Lyndon LaRouche doesn't go far enough. Mankind's survival depends on the little realized fact that it must first rescue itself out of the mental trap that supports the present system of poverty which involves conservatism and stealing. Mankind needs to rebuilt the mental infrastructure that existed at the high point of its last period of renaissance, the kind of infrastructure that had enabled the creation of a vast range of technologies and industries, including the technology for practical scientific Christ healing that had flourished for a while under the name of Christian Science.
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