LaRouche: State of the Union Address, 2003

National Banking vs. the Slime Mold
page 46

National Banking vs. the Slime Mold

Question: This is a question that was submitted by a person who identifies himself as a member of the task force that worked under former Secretary of the Treasury Robert Rubin, on the new financial architecture, that never came about. He says:

"When we were working on this, we were engaged in a constant debate on the difference between the Federal Reserve, an independent central banking system, and a national bank. Since it seems that now, we are going to be forced to reshape banking in America, could you once again explain the difference among the three, and what is preferable for the United States?"

LaRouche: First thing you have to emphasize is that the name of evil is “Venice”! That clarifies things. When you say some plain words, sometimes you clarify what otherwise seems an impossible and complicated question.

In the Ninth Century A.D., at the time when the Byzantine Empire was losing its power and after the accession of the emperor of the Holy Roman Empire Otto III, who was a stooge, Venice's power increased tremendously, until it sort of died as a major national physical power toward the end of the 17th Century. But it continued as a great power, as a financial power. Now the Venetian system can be described to biologists as a slime mold. There are many slime molds running around the planet, and specialists can detail this to you, so you can look it up, as they say, “Look it up on the Internet,” and you will find slime molds all over the Internet.

A slime mold is a special kind of process, which at one point takes the form of a homogeneous slime. It slithers and slimes--it's a very unpleasant thing you find on the landscape here and there. But then it goes through a phase shift, into a collection of individuals, which have individual peculiarities. Now, that's the Venetian type. Venetians are financier families which function as a slime mold, as a unit, and which at night may go out and stab each other with poniards and kill each other for recreation--not out of hatred, but for recreation. Sort of like modern television, U.S. television.

Anyway, this slime mold had an institution, the Venetian institution, under the Doge system. And the Doge system ran the state. So the state was under the control of the slime mold. In the course of time, in the course of the 17th Century, the Venetian slime mold took over directly, much of the Netherlands, and to some degree England, which it took over totally. What happened is that you had this group of financiers who had been trained by Venice, and they took over control, through the India Companies, such as the Dutch India Company--took over control of the Netherlands. The typical culprit was William of Orange of the Netherlands, who became the tyrant, the butcher and dictator of England. And through that process, England was totally assimilated into the slime-mold system, which dominated the northern coast of the Baltic Sea, the North Sea, England, the Netherlands, Denmark, Hamburg, Sweden, and so forth. That's why Verdi wrote this famous opera, the Masked Ball, which dealt with this Swedish assassination, and it was actually a Venetian-orchestrated one. That's the system.

Now, the European systems never achieved the form of state and society which is implicit in the American Constitution, the U.S. Constitution. We are a true republic, in the sense that we are, Constitutionally, sovereign in our government, in our territory, in all matters. No outside agency outside that government, can dictate the policies within the United States, or to the people of the United States. Therefore, a central banking system is against our Constitution, just as the Federal Reserve system is, which is a sort of a cross between a national banking system and a slime mold, and it takes on more and more of the characteristics of a slime mold, particularly since Paul Volcker and Greenspan have been running it.

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