Riccardo Bosi "Final Phase" 8.4.26 - 72 Hours Hell Breaks Loose

good and evil play out before our very eyes. Join John and Ricardo every other Monday at 6 p.m eastern standard time right here at jmcbroadcasting.com. Well good evening ladies and gentlemen I am Ricardo Bosie, National Leader of Australia One and thanks for joining us tonight for another episode of The Rebirth of a Great Nation, The Constitutional Republic of Australia. Now this series, this series is data heavy. We've got to get into the weeds in order to understand the moving parts of why we are where we are and what we need to do to get out of it. So with that said let's get to it. Ladies and gentlemen and thank you for joining us here for The Rebirth of a Great Nation episode nine, Financial Resources. For today we will as usual review our intention for the entire program, review national power definitions, allocations, review our methodology, review episode eight, Infrastructure and Communities. For this week's episode, Financial Resources, we'll define financial resources, examine the strategic purpose of financial resources, examine the seven core characteristics of financial resources and the seven sub-elements of the same, analyze and describe policies for the seven sub-elements of financial resources which optimize our collective to achieve our identity first great power objectives. Finally we'll identify constitutional elements that would authorize such policies and as usual we repeat and review and repeat and review so it becomes second nature for us to examine our world through this prism. Intention. Who we are and how we are to live. This is a more profound question than you can imagine. Who we are to be and how we are to live. Now in order to determine our national destiny, the Australian one has chosen to preserve the best of our past while establishing and maintaining control over our future through our first great power strategy. Purpose. To create our new Australian nation state. To empower the Australian nation, that's the people, to design a constitution for the governance of their Australian state and that's the legal and political apparatus. Then each of the 19 elements of national power to determine the optimal policies which will deliver a moral, sovereign, self-reliant, Christian constitutional republic which is economically powerful, militarily intimidating, politically free, culturally vibrant and socially cohesive. We'll then identify the constitutional elements which would authorize such policies and identify the constraints and restraints which specifically prescribe and proscribe constitutional powers and limits. The end state. Australia maintains and strengthens its identity as Christian, Western and Anglophone. That's identity itself as an epic regional hegemony with global leverage to shape normative orders and that's the great power. Let's review national power. Definition. In the context of the identity first great power national strategy for Australia, it is the total and coordinated capacity of the Australian nation state to mobilize, integrate and direct all 19 core elements of national power toward the singular overriding purpose of establishing and preserving Australia's moral, sovereign, self-reliant, Christian constitutional republic that is economically powerful, militarily intimidating, politically free, culturally vibrant and socially cohesive. This definition is deliberately subordinate to the identity first great power imperative. Every element, whether tangible, intangible or hybrid, is strategically harnessed and prioritized only insofar as it protects the foundation Christian, Western, Anglophone identity and Indo-Pacific hegemony and global leverage to shape normative orders. Practical implications. In practice national power manifests inward consolidation that is the relentless alignment of all resources and instruments to reinforce Australia's morality, sovereignty, self-reliance and internal cohesion against any dilution of its Christian, Western character. The outward projection. The generation of hegemonic influence across the Indo-Pacific and credible global leverage to shape international normative orders in ways consistent with Australian values with minimal reliance on external This identity first great power strategy treats national power not as a neutral aggregation of capabilities but as a purposeful hierarchical system in which no element operates independently of the Australian constitutional republic's defining identity and desired attributes. The result is a self-reinforcing cycle. Identity drives strategy, strategizes every element and every element in turn sustains and expands Australia's identity and its hegemonic standing. Our methodology. The elements of national power. The elements of national end state. Elements driving the strategy and the political and legal apparatus of the state and that's the constitution. That's our end point. Our target. We've divided into three sections. Tangible, intangible and hybrid and these are the two we have at our disposal to create our national future. The elements of our national end state. This is the list of characteristics we wish our nation to possess. The element driving the strategy. These are the twin pillars upon which the entire system is designed. Identity for christian western anglophone and a great power. Indo-pacific regional hegemony. Global leverage to shape normative orders. What about the people? I hear you cry and damn right so you should. Top down is great but it needs bottom up to balance. This is where constraints and risk examined. Constraints are what must be done and restraints are what must not be done and included in the constitution. This is where the people get a chance to say this is what's most important to us. In a practical sense that's how the united states after designing the constitution were compelled to add the bill of rights. This is what the people wanted to see written in their constitution. Let's review episode 8 infrastructure and as an element of national power the context of this program on national power particularly australia as a 21st century christian western anglophone constitutional republic pursuing indo-pacific hegemony and global normative influence and communications as an element of australian national power is this the integrated physical and digital networks including transport that's road rail ports and airports energy grids water systems telecommunications broadband internet data centers satellites and command and control systems that enable the movement of people goods information and power across the nation and with the external world in context with australia's identity first great power strategy this element acts as the connective tissue and force multiplier of national it is not roads and wires but the sovereign capacity time build own operate secure and adapt these networks in the service of the nation's in australia's context it must be deliberately decentralized risk to cohesion and align with the identity first principles while enabling great power projection the strategic purpose infrastructure and communication serves as the sovereign connective backbone and force multiplier of australian national power its purpose is to provide physical and digital nets that are resilient decentralized and integrated which secure local and regional self-reliance support a strong export oriented economy and sustain military projection across the indo-pacific and facilitate effective constitutional governance you can now understand why definitions are critical to this process ladies and gentlemen in the service of identity first it reinforces christian western anglophone values through sovereign control cultural cohesion and decentralized systems that strengthen families communities and moral form in the service of great power it delivers the c4isr capability the logistical depth and the adaptive resilience required for indo-pacific while protecting the nation from cohesion and enabling credible normative influence through secure world-class connectivity c4isr stands for command control communications computers intelligence surveillance it represents the integrated technological backbone and strategic nerve center used by military forces to transform vast amounts of data from individual soldier sensors to satellite feeds into a single common operating picture c4isr enables joint multi-domain operations where land sea air and space forces are digitally linked in order to maximize situational awareness accelerate decision making and synchronize actions designed to defeat adversaries it directly amplifies agricultural capacity industrial capacity and economic capacity while embedding the principles of subsidiarity and long-term stewardship into the physical and digital foundations of the republic seven core characteristics one sovereign control and ownership two centralized redundant and resilient architecture three integrated multi-domain networks four strategic force multiply for economic and military power five alignment with moral cultural and identity priority six enabling political freedom and effective republican governance seven adaptive resilient and future-proof design the seven key sub-elements priority one was sovereign ownership and control of critical networks this is the highest foundational priority priority two decentralized and redundant architecture three integrated multi-domain systems priority four resilient and secure communications and cyber systems priority five strategic logistics and mobility network priority six high capacity digital and information infrastructure priority seven adaptive innovative and future-proof capabilities so that's all of episode eight now let's get into episode nine financial resources definitions financial resources definition as an element of national identity first great power strategy in the context of this program on national power particularly australia as a 21st century christian western anglophone constitutional republic pursuing indo-pacific hegemony and global normative influence financial resources as an element of australian national power is defined as australia's sovereign capacity to generate control allocate protect and importantly recirculate its financial assets this including revenues from natural resources the bank monetary system investment capital and fiscal capacity and this is done in a manner that prioritizes national self-reliance decentralized economic activity and the direct benefit of the australian people and i'll repeat again and again you will see this is a thing the direct benefit of the australian people must support the development of military industrial agricultural and economic capacity while ensuring the wealth generated from australia's resources used to achieve australia's identity first great power objectives in context in the broader study of national power financial resources encompasses a nation's overall economic wherewithal includes domestic product foreign exchange reserves access to domestic and international capital the ability to fund government functions and strategic projects and resilience against economic shocks or deliberate financial attack it includes control over monetary policy fiscal policy banking regulation and the strategic use of finance as an instrument of state power australia's strong control over her financial systems will better sustain long-term military industrial agricultural and economic competitive power internationally the strategic purpose strategic purpose in the identity first great power strategy the strategic purpose of financial resources is provide the independent financial strength and flexibility required to fund all other elements of national power without creating dangerous external dependencies to enable sustained investment in australia's strategic capabilities and build economic resilience that allows the nation to endure and prevail in prolonged strategic competition it must also ensure that wealth generated from australia's natural resources is recirculated to the astral in support of self-reliance at every level and not captured by foreign interests nor concentrated in unaccountable centers of power i will repeat that this is key it must also ensure that the wealth generated from australia's natural resources is recirculated to people in support of self-reliance at every level and not captured by foreign interests nor concentrated in unaccountable centers of power the seven core characteristics one sovereign monetary and fiscal autonomy two decentralized ownership and control of finance three strategic allocation to national priority four recirculation of resource wealth to the common good resilience to economic cohesion six alignment with ethical and identity-based economic activity seven support for multi-level self-reliance let's go through each one and examine them in a little more detail sovereign monetary and fiscal autonomy in order to protect a national decision-making sovereignty australian must retain full and independent control over currency issuance interest and taxation policy while remaining free from external veto or undue foreign influence and this is another theme that you'll see popping up its ugly head throughout this presentation undue influence to decentralized ownership and control of financial assets financial structures should favor distributed ownership and regional decision-making to support multi-level self-reliance and to prevent dangerous concentrations of economic power in metropolitan or foreign hands three strategic allocation to national priorities capital and financial resources must be deliberately directed toward defense industry development critical infrastructure advanced manufacturing agricultural expansion rather than short-term speculative returns you'll remember from previous episodes that defense industry will become a priority at least a 10 percent of GDP contributing to that creating a national forge so that the australian men and women have meaningful work and developed character through that process revenues derived from australia's natural resources must be returned to the australian people through structural regional development and public services rather than lost through foreign ownership excessive financialization and or excessive finalization i'm going to repeat this entire slide and we must really focus here number four is the recirculation of resource wealth to the common good this is our common wealth no one else's revenues derived from australia's natural resources must be returned to the australian people through infrastructure regional development and public services rather than lost through foreign ownership excessive financialization and or excessive finalization now let me explain those last two in a little bit more detail excessive finalization in the context of revenues to actual resources excessive finalization refers to the process by which the final net amount available for public capture that is the revenues that belong to us and we get back substantially reduced that's what excessive finalization is it is substantially reduced it describes the cumulative effect of accounting rules tax treatments and deduction mechanisms as uplifted or compounded carry forward of exploration development and capital expenditures accelerated depreciation or immediate write-offs generous check level or cross project offsets and lost transfers transfer pricing or valuation is that lower the assessable revenue it's the key point it allows civil or royalty liable base to be minimized or deferred often for many years if you're wondering where our money goes it's the clever accounting tricks that almost minimize it to nothing result is that a large portion of the economic value generated from the resource is finalized in favor of the extractor rather than resource rent to the nation state that is our commonwealth excessive financialization excessive financialization is a macroeconomic concept as opposed to the narrow excessive final finalization this is now macroeconomic concept describing the dominance of financial motives financial markets financial institutions and financial elites over the real productive economy when financial motives shareholder value maximization and financial engineering become dominant operations face stronger incentives to minimize tax and royalty payments in order to maximize after-tax returns distributions and share buybacks there's nothing wrong with maximizing minimizing tax and maximizing profits i get it i love it but not when it's a device to deny the owners of that resource their fair share profit sharing debt loading and complex corporate structures become more prevalent now we're seeing those accounting and structural tricks to deny us enough capital management attention can shift away from long-term productive investment towards shorter-term financial strategies eroding the underlying real economic base from when user drawn typical features include addition of the financial sector share of gdp and profit it is a non-product aspect of the economy corporate prioritization of shareholder value strategies share buyback dividends financial engineering over long-term productive investment rising levels of debt and speculative activity in economic power from industrial productive capital toward financial capital so the sharp men in glossy suits will shift money under structures and clever accounting techniques while the men and women who are digging and increasing the value of resources are left short five resilience to external economic coercion the financial system must be hardened against sanctions capital flight currency manipulation and other forms of economic warfare to maintain operational continuity during strategic pressure you've watched our relationship with china india and other countries you'll know exactly what is going on here six alignment with ethical and identity-based economic activity policy should support productive morally grounded enterprise consistent with christian western values and national character rather than extractive or culturally corrosive models what does that mean well importing goods and services from slave slave economies like china like india where souls might be digging up the cobalt in africa to put into your chinese-built tesla vehicles that is not consistent with christian western values support for multi-level self-reliance financial tools and institutions should strengthen economic independence at the individual family community regional and levels listen again financial tools and institutions should strengthen the economic independence not create dependence but independence at the individual family regional and national levels in line with the subsidiarity principle of the republic let me now just dive deep into a hole are there remedies against this excessive financialization and finalization yes there are there are remedies and there's nothing more irritating to me than a problem that people won't look for a solution sovereign nation states have a wide range of legal fiscal regulatory and structural remedies to mitigate criminal predatory or merely unfair applications of financialization and excessive finalization by corporation these directness severity and trade-offs with investment attractiveness excuse me let's go through them fiscal and tax design remedies this is the most direct against excessive finalization resource rent tax architecture cash flow or pure rent taxes with limited or zero uplift on carry forward expenditures strict project ring fencing time limits on loss carry forwards and hard caps on the percentage of revenue that can be offset by the year anti-avoidance strong general anti-avoid and specific anti-avoidance rules swar that empower revenue authorities to disregard artificial arrangements whose dominant purpose is to reduce tax or royalty liability transfer pricing and valuation rules mandatory arm's length pricing formula for independent valuation for related party sales especially commodities and tolling arrangements and robust documentation requirement interest and thin capitalization limits restrictions on the deductibility of related party or excessive debts to prevent profit shifting via financing royalty design progress price sensitive royalties levied on verified real values and easily manipulated accounting profits reducing reliance on profit-based calculations that are vulnerable to finalization strategies global minimum tax and anti-base erosion measures implementations of OECD pillar 2 type rules to set a floor on effective tax rates let's continue more remedies to transparency and disclosure remedies mandatory public country by country reporting and project level disclosure payments to government effective tax rates and key fiscal metrics registers of beneficial ownership extractive sector transparency standards EITI or stronger domestic equivalents real-time or frequent obligations to revenue authorities on large deductions related party transactions and cross-border payments these measures reduce information asymmetry and make aggressive finalization and financial engineering more and politically costly criminal and enforcement remedies excuse me execution for tax evasion fraud false accounting or dishonest concealment of income as distinct from lawful tax planning for criminal liability regimes that hold it hold the company itself and in some jurisdictions senior officers responsible proceeds of crime and unexplained wealth powers to recover benefits derived from criminal or predatory conduct enhanced audit investigation and information gathering powers for tax and financial regulators including the ability to compel documents and testimony director disqualification and personal liability for serious breaches you can see where we're going with this let's continue corporate governance and financial regulation remedies now this is against excessive financialization those that audition share buyback special dividends or other extractions that prioritize shorts of financial returns over the productive investment or tax contribution corporate governance codes or legislation that require consideration of long-term value stakeholders or national economic interest alongside shareholder returns prudential and structural regulation of the financial sector to limit excessive growth of purely financial activity relative to the real economy restrictions on certain complex financial instruments or speculative practices where they amplify systemic risk or facilitate profit action from the real economy five structural and ownership remedies mandatory or optional state equity participation carried interest in major resource projects giving the nation a direct share of production and profits that is harder to erode through accounting that's what donald j trump is doing in the us sovereign wealth funds that receive and invest a defined share of resource with locking value into the long-term public ownership local processing local content or domestic value addition requirements that keep more economic activity and taxable taxable presence on shore strategic foreign investment screening that can condition or block acquisitions likely to intensify extractive finance financialization of critical resources and finally six in the list of remedies international and cooperative remedies tax information exchange agreements that automatic and automatic change of financial account information lateral instruments to prevent treaty abuse and base erosion coordinated application of global minimum tax rules and profit shifting standards diplomatic and trade measures where predatory practices are linked to foreign state-backed or strategically motivated actors now the mining industry is looking at this and they're doing one of two things one they are guffawing they are laughing they have seen this before they know that they are more powerful because their corrupted buckets of gold have bought and paid for politicians which has bought and paid for laws that advantage them what the corporations of the planet are about to discover is that no corporation ever again will be in a position to dominate a sovereign nation state the tables have turned and they will come to us cap in hand begging politely for access to our common wealth our national resource the ones that know what is coming are terrified now let's look at the remedies that we've just gone through look at their appropriateness the current effectiveness against excessive financialization and any notes fiscal and tax design it's highly appropriate in the australian context its current effectiveness is moderate improving for the part and weakening and weaker for mining it's the strongest available lever given the current laws transparency is highly appropriate in australia it's moderately effective it's supportive but not decisive criminal and enforcement highly appropriate it's high in criminal cases but low in aggressive planning and that's the uh the structures and the accounting tricks that apply it's a correct tool for illegality but governance and financial regulation it's moderately appropriate with a low to moderate effectiveness limited impact on resource rates structural ownership selective in the australian context it's low and underutilized but high potential expanded and finally international cooperation highly appropriate moderate to high cross-border if applied correctly and complements domestic rules now as you know i've said this many many times never fight on ground of the enemy's choosing so the corrupted absolutely corrupted corporations of the planet who buy laws then compel us to fight according to their rules on the ground of their choosing well that's not going to happen we are going to introduce a complete rewrite of mining law from top to bottom we refuse to accept their view of the world and how this war should be fought when we rewrite the mining law that which is ours will be ours that which is theirs will be theirs and the inordinate and illegal and unconstitutional power being impacting on and its people by the wealth and power of the corporations will end so now moving back on sub-element analysis and policies the seven key sub-elements one sovereign currency and monetary control two banking system sovereignty and regulation resource revenue management and wealth circulation four strategic allocation five against external financial coercion and an economic war and six decentralized integration with defense industrial and agricultural funding and let's go a little more detail the description for australian authority over the issuance management and stability of the national currency and interest rate settings free from external pressure or supranational constraints policies required legislate full australia control over currency issuance and straight policy including the ability to pursue monetary settings that prioritize national self-reliance over global finance orthodoxy establish legal protections against external pressure on the reserve bank of australia ensuring monetary policy decisions serve australian sovereignty and economic resilience rather than international financial institutions develop alternative payment and settlement systems that reduce dependence on foreign controlled clearing mechanisms while maintaining and the privileged economic relationship with the United States. Priority two description domestic ownership and strict regulatory oversight of the backing sector to prevent foreign capture systemic risk to finance as a vector for external influence policies re-establish and this is going to make some people very happy for those who know the history of the original commonwealth bank and its popularity with the people and its effectiveness as a tool for government we will re-establish a 100 percent government-owned bank of the commonwealth to be sold federally guaranteed national bank the sole federally guaranteed national bank offer safe savings and general banking services to the public against the government national finances introduce legislation requiring 10 percent australian government ownership of major banks and final institutions with a national security test for any foreign investment above defined thresholds strengthen banking regulations to mitigate against excessive finalization to their revenue captured by the commonwealth limit excessive financializations and direct credit towards productive sectors such as defense industry manufacturing and regional agriculture now this one remove the too big to fail protection for the systemically important financial institutions that is the big four banks the only guaranteed bank is the new 100 government-owned bank of the commonwealth the big four and other banks must now behave as good corporate citizens and if they mess up they will pay finally create a regular framework for community and regional banks to improve access to finance in garden towns and legalized areas priority three natural resource revenue management and wealth recirculation description mechanisms to capture resource rents and direct them back to the australian people through infrastructure regional development strategic investment rather than allowing them to flow offshore policies establish a national resource revenue recirculation fund that directs a substantial portion of royalties and taxes into decentralized infrastructure regional development and strategic industry legislate transparency and accountability requirements for resource revenue flows to ensure wealth benefits the australian people rather than foreign shareholders or offshore entities introduce royalty structures that incentivize domestic processing and valuating of resources while discouraging raw export of strategic commodities priority for strategic investment and capital allocation description directed investment of public and private capital into defense industry critical minerals processing advanced manufacturing and agricultural value adding to build long-term national power policies create target investment vehicles and incentives to direct domestic capital into defense industry critical minerals processing advanced manufacturing and agricultural value adding establish a strategic investment fund that prioritizes projects supporting self-reliance decentralization and long-term military and economic capability develop private partnership models that ensure australian ownership and control while attracting necessary priority national projects priority five protection against the external financial coercion and economic warfare description policies and structures designed to defend the financial system against sanctions debt traps currency attacks and other forms of economic aggression policies build diversified foreign reserve holdings and or systems to reduce vulnerability to sanctions or financial exclusion hostile power legislate enhanced foreign investment screening capital flow monitoring specifically targeting adversarial state influence in the australian financial system develop contingency plans and legal authorities to maintain financial system functionality during periods of external economic coercion or sanctions decentralized financial access and structures descriptions regional and community level access to banking credit and investment capital for economic activity in garden towns and rural areas rather than concentrating power in major cities policies provide regulatory support and funding for regional development banks and cooperative financial institutions to improve capital access in regional australia and guns introduce incentives for financial institutions that maintain strong regional lending and service presence rather than concentrating operations in capitals to support the development of community-based and cooperative financial models that align with print subsidiarity and multi-level self-reliance priority seven integration with description direct linkage linkage of financial policy and capital allocation to the funding requirements of military capability industrial capability and expanded agricultural policies create dedicated funding streams and financing mechanisms that directly link financial policy to the expansion of defense industry advanced manufacturing and agricultural processing capacity established coordinated investment programs between financial policy and major national projects such as the bradfield scheme and new irrigation infrastructure develop financing models that's a domestic self-reliance objectives and the scale required for strategic export competitiveness now what constitutional authority would be required for this the overarching constitutional framework amendments a new dedicated power should be inserted granting the commonwealth explicit authority over the ownership control regulation and strategic direction of financial and monetary systems as matters of national sovereignty and self-reliance it just makes sense this power should be framed to support neutralized economic activity protect resource wealth for the australian people and enable long-term investment in strategic national capabilities while preserving the constitutional of the republic by each sub-element priority one sovereign currency and monetary policy control constitutional action required strengthened provision under currency power explicitly protect the independence of the australian monetary policy from external influence and the commonwealth's authority to set policy in the national interest priority two banking system sovereignty and regulation constitutional action required a new clause should authorize the commonwealth to regulate ownership control of banks and financial institutions to prevent foreign capture and ensure alignment with national strategic objectives natural resource revenue management and wealth recirculation constitutional action constitutional recognition that revenues from natural resources are a national asset to be the benefit of the australian with mechanisms for recirculation to infrastructure and regional development let me just pause here and again i'm focusing on natural resource revenue the timor east timor war allegedly for the independence of east timor was nothing but a corporate grab for gas and oil concern timor sea that's all it was this is where corporations hitherto have been more power than nation so uh nation states sovereign nation states this must end that was not a war for the liberation of these timorese that was a war for resource access you understand now why it is critical that the australian government be to shape and design the manner in which our resources are extracted processed export and derived revenue therefore therefrom we've been lied to in the worst possible way we need to authorize the government to step up enough and ensure that our commonwealth is returned to the common people priority for strategic investment and capital allocation constitutional action required explicit power for the commonwealth to direct or incentivize investment toward defense industrial and agricultural priorities deemed essential to the national power and selfless priority five protection against external financial coercion and economic war constitutional action required authority commonwealth to implement measures protecting the financial system from foreign coercion sanctions and economic warfare including contingency powers during national emergencies priority 60 centralized financial access access actions constitutional action required a subsidy a subsidiarity principle hiring that for policy and infrastructure support economic activity and decision making at regional and community levels we're never practicable already said integration with industrial and agricultural funding constitutional action a coordinating coordinating provision requiring financial policy to support and integrate with the funding needs of military capability industrial capacity expanded and expanded agricultural production as a strategic national priorities implementation notes strategic alignment these constitutional elements provide the legal foundation necessary to implement the recommended policies while embedding the principles of sovereignty self-reliance decentralization and strategic ownership into Australia's constitutional framework they directly the policy recommendations of all seven sub elements while advancing both identity first and great power objectives and those of you who have been watching this from the start and if you haven't i recommend you do you'll see these golden threads throughout this entire tapestry that we are creating each element of national power we examine works in concert with the others creating exactly what this nation needs to pursue an identity first great power strategy to maintain who we are and then become a serious player on the global scene rather than just being another slave state to someone else so now let's review what we have done we reviewed our intention for the entire program we reviewed national power definitions and implications we reviewed our methodology we reviewed infrastructure and communications and then we had a look at episode nine this week's episode financial resource we defined financial resources we examined their strategic purpose we examined seven core characteristics examined the seven sub elements we analyzed and described policy and sub elements of financial resources which optimize our collective ability to achieve our identity first great power objectives the constitutional elements that authorize such policy before we finish let me just one comment on our concept of a new 100 federally owned bank of the commonwealth if you research the original commonwealth bank it was an extraordinary institution which assisted australia grow dramatically and honorably in the early parts of the 20th century so much so that the commercial banks ensured through corrupt politicians and corrupt laws that it was shut down and neutered so effective was the commonwealth bank in its initial iteration not as its current big four institution so successful was it that through normal banking practices at better than competitive rates with the commercial banks it paid for the entire first world war built railways and never had to borrow money the governor of the bank was so well loved now get this how the world has changed this bank governor was so well loved that when he passed there was a state funeral in the streets of sydney were blocked with supporters that's what a good bank can do we are bringing that back thank you for joining us this week and we'll see you next week for the rebirth of a great nation episode 10 political organization and the quality of government you're gonna you're gonna want to see that one and once again australia's favorite tune we'll see you next week since president dwight d eisenhower top secret files were created concerning off-world activity and visits to planet earth undoubtedly over the decades these files have grown area 51 is commonly known we've heard and seen images of ufos but not until now has this been validated and presented to the american people and to the world as president donald j trump released the first tranche of top secret files this is the beginning there's much more to come join john michael chambers and guests on a new monthly panel jmc broadcast off world with jmc premiere launches thursday june 18th at 8 p.m eastern standard time subscribe for free by visiting jmcbroadcasting.com and join us on this intriguing and challenging journey together taking the great awakening to new and higher heights come travel through the portal with us where we go one we go all