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06-13-2013, 05:42 PM #1Senior Member
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Lyndon Larouche's June 7th, 2013 Webcast
http://www.youtube.com/watch?v=ZkmR63TVuIk
Published on Jun 8, 2013
Lyndon Larouche's June 7th, 2013 Webcast
III. Wall Street Treason: The Revolution and Its Aftermath
...As American patriots fought for freedom from the British Empire, the British launched a massive financial attack against the currency and credit of the Revolutionary government. Between 1777 and 1791, British leaders unleashed a speculative frenzy in the London markets, to drive down the value of the Revolutionary currency, the Continental, and to destroy the credit of the American government among the nations of Continental Europe.
In New York, in addition to printing huge amounts of counterfeit Continentals to depreciate their value, the British occupation authorities oversaw the creation of a market in financial securities to carry out this London-directed financial sabotage, this time on American soil...(read the missing part here:http://www.larouchepub.com/other/2011... )
..William Duer, the leader of this pack, was the son of a West Indies slave plantation owner, who had served with the British Army in India. Nominally a supporter of the American Revolution, he spent the war making a fortune buying and selling war supplies, and speculating on land and war debt. In 1789, he managed to get himself appointed Assistant Secretary of the Treasury, under Secretary Hamilton, but he clashed with Hamilton and resigned in 1791 to focus entirely on his private financial activity.
As Duer's 1792 financial attacks against the nation's credit intensified, Hamilton publicly responded, denouncing Duer's activities as "not consistent with the Public Good," and stating, "Tis time there should be a line of separation between Honest men and Knaves, between respectable stockholders and mere unprincipled Gamblers." Duer, Livingston, and Macomb eventually went bust, with Duer spending the rest of his life in debtor's prison.
Despite lying attempts by many Wall Street Tories to claim Alexander Hamilton as "one of their own," the truth is that it was the 1804 murder of Hamilton by Burr, which cleared the way for the emergence of a London-directed Wall Street, as a subversive power within the United States throughout the 19th Century. The sovereign national banking system created by Hamilton was designed to ensure a regulated system whereby public credit would be deployed for the public good.
Paradigmatic of Hamilton's intent was his use of the National Bank to finance the project of the Society for Establishing Useful Manufactures, to create the nation's first major industrial center in Passaic, New Jersey. This was a pioneer project, to serve as the model for how credit could be used to finance the industrial and scientific development of the nation. Hamilton envisioned a system of national and state chartered banks which would take in deposits of sovereign Federal debt and securities, and use those deposits as security for issuing a flow of credit into the productive economy.
The real patron saint of Wall Street has always been Aaron Burr, who counted among his closest friends and supporters many of the same speculators at the Merchants and Tontine Coffee Houses who were active in the treasonous attacks against the American currency. Burr would also create the Bank of Manhattan in 1799, in an attempt to destroy the national banking policies of Hamilton. Burr's New York operations were paralleled by the creation of private banks by Alexander Brown in Baltimore (1800), and the opium trafficker Stephen Girard in Philadelphia (1811).
These banks, and others that followed, were modeled on the British Empire system of private "merchant banks." Brown's bank, generally considered the first investment bank in U.S. history, opened a Wall Street branch in 1820, which later evolved into the infamous Brown Brothers Harriman. Later, when British agent President Martin Van Buren signed the Free Banking Act of 1838 into law, the sovereign banking institutions of the United States were almost totally destroyed....
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07-15-2013, 11:32 PM #2Senior Member
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Lyndon Larouche's July 5th, 2013 Webcast
http://www.youtube.com/watch?v=4loqyrepiCM
Published on Jul 8, 2013
Lyndon Larouche's July 5th 2013 Webcast
For more go to:
http://www.youtube.com/user/LaRouches...
http://www.facebook.com/LaRouchePAC
http://larouchepac.com
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