[GJM] What exactly is Larouch'es main monetary policy? The BIG ONE

robert searle dharao4 at yahoo.co.uk
Thu Aug 9 04:14:32 MDT 2007


Dear Rodney, 

          Yes, I was interested to read about La
Rouche as I was only on the other day on his website.
After reading the posts here I sent him a link about
Transfinancial Economics, or TFE was sent. Whether he
bothers to reply is another matter as I suspect he is
very busy. Moreover, the present "work in progress"
essay may prove to be a little daunting even though
there is brief intro to the whole subject which sums
up the basics.

Yes, I know about DK, and I have contributed my ideas
on his forum, and got some interesting remarks.
Likewise I have presented something of the same at the
Obama website as a brief blog along with a link.

Unlike Binary Economics, or BE TFE can lead to a
greater concentration of power for the plutocrats.
Ironically though, it can also lead to a far lesser
concentration of it because the NGOs concerned with
fairer wealth distribution would be empowered with
greater financial aid (ie.grants) as never before. It
all really depends on what the public ultimately want.
I am all in favour with BE but ofcourse it is really
is too limited at the present time to have any real
impact on the world. With a TF economy it could be
taken more seriously. Unlike BE it would be possible
to create greater capital ownership WITHOUT
necessarily relying on productivity activity in the
first instance (ie. living off share profits). This is
a big subject, but vital futuristic thinking.

It is quite clear though that a  more powerful
financial superstructure needs to be in the world. TFE
ofcourse fits the bill perfectly, and would be popular
with most people, and organizations including
corporations!

As you, and others may know there is now such a thing
as algorythmic trading in the money markets. In other
words, on the spot financial decisions are becoming
increasing automated with the incredible power
advanced computer technology. The question is this.
Why on earth can we not develop computerized systems
that control inflation but at the same time allowing
for high price flexibility necessary for the present
capitalist system? This could be developed on a
localized, and/or centralized level. Ofcourse, as I
know capitalists would love this, and it would not be
a serious limitation on capitalism because there is NO
tax, and NO interest on loans which take huge chunks
out of their profits.

It would be interesting to see if there will be any
greater clarification on the La Rouche proposal of
financial reform. I must admit I did hear him speak on
the James Whale Show a longwhile ago. He seemed to be
interesting though I did hear a certain negative
comment about him which I will not enlarge upon on a
public forum. 

Regards,

Robert Searle



--- Rodney Shakespeare
<rodney.shakespeare1 at btinternet.com> wrote:

> Hi Moeen,
> 
> Thanks for your response.  
> 
> 1.My view (perhaps wrong) is that Larouche would
> make colossal (and successful) use of central-
> bank-issued interest-free loans for public capital
> works such as bridges, watrer supplies , hopsitals
> etc.  He is very imagiinative and bold.
> 
> Her would probably also use such loans in the
> private sector BUT NOT so as to spread ownership --
> rather the opposite, the effect would be a massive
> concentration of ownership.
> 
> He would also use debt-free issuance and I think I
> have seen (I could be wrong) indications that he
> might then use financial controls to control
> inflation i.e. he would be forced into a form of
> command economy.
> 
> All in all, there's lots of good stuff in LaRouche
> but I am probably not the only one who worries about
> the resulting concentration of power.  Indeed, I
> believe that LaRouche tends to make many people feel
> uneasy because of that undoubted touch of
> authoritariansim and probably policies which would
> bring it right out into the open and give it real
> force.
> 
> 2.    Parliamentarans are unlikely to be interested
> (and, in any case, they would be warned off by
> advisers) and the Bromsgrove group is (as far as I
> know) still opposed to interest-free loans and so
> out of touch with what is acceptable in the real
> world.
> 
> 3.    The big contact who already has real power
> (and soon could be the second most powerful man in
> American politics although no American politician
> can usually beat the lobbyists, blackmailers and
> bribers) is Dennis Kucinich .  DK has a big
> established base in Americna politics and is not
> viewed (by Americans) as an outsider. (whereas
> LaRouche is).   DK not only supports interest-free
> loans for all forms of public capital infrastruture
> but also for small farms.  Thus DK is quite capable
> of seeing that interest-free loans could be used for
> ALL forms of producitve capacity -- in the private
> sector as well as the public.
> 
> As I keep saying I have tried -- and failed -- to
> get the American binary economists to make a deal
> with Kucinich but they refuse to move an inch away
> from their usual positions and co-operate with the
> thousands of Americans that Kucinich leads.   
> There is alos a huge background of the use of
> interest-free loans for public capital in
> a) Canada (where there is growing support for
> Kucinich -- town council etc are passing motions in
> support of the idea)
> b) New Zealand
> and both these countries have a substantial history
> of using the loans int he past.
> 
> At this moment, the New Zealand Democrats are
> turinng much more openly to interest-free loans and,
> of course, things are stirring in Islam.  Most of my
> energies are being taken up with Islamic contact etc
> but the really BIG ONE -- I am trying to tell
> everybody but nobody seems to be listening -- is to
> link-up with Kucinich and Sovereignty in an
> international movement for the use of central
> bank-issued interest-free loans for the development
> and spreading  of various forms of productive (and
> the associated consuming) capacity.  The movement
> must start with public capital (e.g. to repair
> America's bridges or an country's bridges, roads
> etc)
> 
> Are you aware that Kucinich has been made Chairman
> of the Democratic party Committee which is in
> overall charge of ALL the committees concerned with
> USA domestic legislation?  Very soon, the Democrats
> can be expected to have a clear a congressional
> majority AND a Democratic President so the political
> situation for monetary reform will be as good as it
> is every likely to be (but, as I say, the big
> obstacle is those blackmailing, sinister lobbyists
> who have huge forces behind them).
> 
> I can see an immediate linkage capable of taking
> place between reform forces in Indonesia,
> Bangladesh, New Zealand, Canada and the USA if
> successful contact is made with Kucinich who only
> has to turn his support for small farmers into
> support for small business and his supptrt for
> p[ublic capital into support for more public capital
> -- I refer to enviromental capital projects.  (Al
> Gore has nothing substantial to propose on theis
> front)   Goodness me, what an opportunity if people
> in the UK would make a proepr effort to link up with
> Kucinich!!
> 
> The one who ought to be visting the UK (but he is
> immensely busy) is Kucinich.  Or rather, we should
> be visting him.  A year ago I spent much time and
> energy trying to persuade the American binbary
> economists to spend two days with Kucinich -- YES,
> TWO DAYS -- at the American Monetary Instittute
> conference in Chicago which we knew DK was
> attending.  It's always a small affair -- forty
> people at most -- and all you need is a cup of
> coffee and a doughnut and you can talk to anybody,
> speak in the workshop session etc etc.  In those
> circumstances you cannot fail to get at least one
> good opportunity to get the message acrosss to
> somebody who (and this is rare in politics)  really
> does understand the monetary reform issue.  But
> those American binary economists refused!  They
> refused!!
> 
> So I am once agan telling everybody that the BIG ONE
> is to get involved with Kucinich and colleagues to
> develop something  half or more of which which they
> already want to do.  It's as simple as that.
> 
> And the prize, of course, could be leadership of a
> huge international movement in circumstances (Moeen,
> we all agree) could soon be of a coming financial
> crash.
> 
> Rodney Shakespeare.
> 
> 
> 
> 
> 
> 
> 
> 
> 
> ----- Original Message ----- 
> From: "Yaseen" <myaseen at mail.globalvision2000.com>
> To: <myaseen at mail.globalvision2000.com>; "Discussion
> Forum for Global Justice"
> <discussion at globaljusticemovement.net>; "Rodney
> Shakespeare" <rodney.shakespeare1 at btinternet.com>
> Sent: Wednesday, August 08, 2007 8:39 PM
> Subject: Re: What exactly is Larouch'es main
> monetary policy?
> 
> 
> > Hi Rodney,
> > 
> > Your points are valid. His diagnosis and
> prescription is unique in terms of depth, passion
> and comprehensiveness. It spans his two main
> websites at http//larouchepac.com and 
> > http//larouchepub.com. The bottom is that he
> believes that there is an urgent need for a new
> financial architecture devised with the economic
> powers to replace the Bretton Woods framework. Is
> vehemently opposed to what he refers to the
> AngloDutch financial oligarchy which he argues
> continues the Venetian-Norman axis of medieval
> times. He stresses that Bush is being manipulated by
> the Cheney-Schultz-Felix Rohatyn cabal.
> > Is against the decoupling of the dollar from the
> gold standard from th early 70s.
> > However, his views on fiat money, interest free
> loans for productive capacity and public control of
> the money supply need clarification. It is time that
> he was invited by the monetary reform movement to
> the UK e.g. perhaps the Bromsgrove group or
> Parliamentarians for that matter. It is time for
> real time engagement with him.
> > 
> > Moeen  
> >  
> > 
> > 
> > 
> > ---------- Original Message
> ----------------------------------
> > From: "Rodney Shakespeare"
> <rodney.shakespeare1 at btinternet.com>
> > Date:  Wed, 8 Aug 2007 19:40:57 +0100
> > 
> >>Moeen,
> >>Thanks for putting up the LaRouche material which
> I shall read.  
> >>
> >>Over the years I have I have read many papers --
> and two books -- from Larouche.  His newspaper is
> always very interesting..
> >>
> >>But it is never clear to me exactly what is his
> main policy.  Forecasting the coming fiancial
> disaster is one thing -- and he does it with great
> verve -- but what is it that monetary thing he would
> do 
=== message truncated ===>
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