Executive Intelligence Review
This article appears in the April 19, 2013 issue of Executive Intelligence Review.

Schiller Conference Pledges
To Fight for Glass-Steagall

by Nancy Spannaus

[PDF version of this article]

April 16—A two-day conference of the Schiller Institute, held in Frankfurt, Germany April 13-14, brought together over 300 people from every continent on the globe, to discuss the urgent necessity of creating a New Paradigm for Civilization, based on a radical shift in economic, strategic, and cultural policy. After intense presentations and dialogue, led by Schiller Institute founder Helga Zepp-LaRouche, the participants pledged themselves to taking up the international fight to reinstate the FDR Glass-Steagall law, by adopting the following resolution:

"We, gathered here in Frankfurt, Germany, representing countries from all continents, give our full support to the immediate voting up of a Glass-Steagall Act in the United States, both in the House of Representatives and the Senate, in line with the Marcy Kaptur-Walter Jones 'Return to Prudent Banking Act' HR 129.

"We are all convinced that it is a matter of life or death, and that it is only a Glass-Steagall Act in the United States that can stop the genocidal policies of the world-monetarist system, and that it is the necessary weapon to break the chains of the British Empire. To say it in one word: It is either Glass-Steagall, or chaos and genocide.

"We, in our respective countries, are therefore committed to lead that fight for a Glass-Steagall principle, both in the United States and within each of our nations. Glass-Steagall is only the first step. We must also replace the present monetary system with a public credit system in the tradition of Alexander Hamilton, based on national conomybanking, in order to finance the reconstruction of the world economy. This includes nations having sovereignty over their own currency. If mankind is to have a future, we must end the present policies of conflict resolution through war, and agree on the common aims of mankind, such as overcoming poverty on Earth, and defending the planet against the very real dangers from outer space through the policies of the Strategic Defense of Earth.

"The immediate implementation of Glass-Steagall, however, is the absolutely irreplaceable mandatory first step, without which none of the other objectives has any chance of realization.

"Our common development is the new name for peace and the only alternative to thermonuclear war."

A Full Program

The focus of the conference was firmly established by the two keynotes, one by Helga Zepp-LaRouche, and the other by Lyndon LaRouche. Both emphasized not only the nature of the "crisis of extinction" that the world is facing, but the fact that the solution is already on the table. However, the impetus, they stressed, had to come from the United States.

We provide the transcripts of both keynotes here, followed by an outline of the jam-packed program. The conference audio is already available at www.schillerinstitute.org, and the full video recording will soon be accessible both there, and at newparadigm.schillerinstitute.com, which features the content of all the Schiller Institute's New Paradigm conferences.

One of the highlights of this conference, as it was with the others, was the Classical Concert, which featured an extraordinary performance of Mozart's Requiem Mass in D Minor. This is also available in audio on the U.S. Schiller Institute site.

EIR will be featuring the speeches from this groundbreaking event over the next several weeks.

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