IR Participates in Commemoration of 50-Year Anniversary of the African Union
June 1, 2013 • 9:18AM

Lawrence Freeman, of EIR's Africa Desk, delivered a presentation under the title assigned to him, 'Africa's Great Deficit: Challenges of Infrastructure Decay, Peace, and Economic Development' on May 28, at the headquarters of the African Union in New York City. The all-day conference, Africa @ 50 Summit, was sponsored by the Center for Media Peace Initiatives-CMPI, to commemorate the May 25, 1963, founding of the Organization of African Unity, which became the African Union in 2002.

Dr. Uchenna Ekwo, the President and Founder of CMPI, invited Freeman to speak on the first panel, "Democracy, Development and Defense," on economic development, which generated a lively and extended discussion on Alexander Hamilton's credit policies and EIR's proposed great infrastructure projects for Africa. The audience of fifty had embassy representation from Ethiopia, South Africa, Nigeria, Zimbabwe, Sierra Leone, and Egypt; numerous press outlets, including from the UN, and Africa media; as well as academics, students, young adults, in a diverse grouping of Africans, Europeans, and Americans, mainly from the NY and NJ area.

One of the happy surprises of the conference was discussion and praise of Alexander Hamilton and his critical role in creating a unique economic system in the U.S. around his credit policy. He was referred to as a financial genius, and one elderly woman, who claimed to be a descendent of Hamilton, spoke of the importance of his ability to create an economy different from the British; she then challenge everyone to go to Wall St. and see the Statue of Hamilton and study his writings.

On the afternoon panel another conference speaker began his presentation with a reference to Freeman's presentation and calling for a Hamiltonian System approach for all of Africa. (In a private discussion earlier, he had identified himself as a student of Hamilton.) The EIR editorial from May 10, 2013, "The Genius of Alexander Hamilton," with quotes from Lyndon LaRouche, was handed out by the sponsors of the event, and copies of the LaRouchePAC pamphlet on the Hamilton Credit System were eagerly taken. Freeman was thanked for presenting these revolutionary ideas, which are opposed by the establishment, and new opportunities for discussion of LaRouche's economic method may follow.