April 18, 2008 (LPAC)--In the British-triggered crash of the world's banking systems, the "American System solution", Lyndon LaRouche's Homeowners and Bank Protection Act (HBPA) known as the "economic firewall" against the crash, continues to expand its impact. The full version of the HBPA was introduced into the Louisville, Kentucky City Council this week, while the Kentucky State Senate passed the version before it on April 15.

In the Louisville City Council, eight supporters of the HBPA attended the meeting, and three spoke on behalf of the resolution, which was referred to committee and will be discussed during the month. International Association of Machinists and Aerospace Workers official John Jeffries spoke for the resolution, having gotten his union to endorse the resolution prior to its introduction. The IAM has 400 members in the district. Jeffries also referred to Lyndon LaRouche as the initiator of the resolution--in a very direct and up front manner. Dick Miller, the City Councillor from Shively--a town inside the metro Louisville Council that has passed the resolution-- also gave very moving testimony on the resolution, focussing on the human cost of mass foreclosures. An EIR subscriber also gave very good testimony, focussing on the general welfare clause implications of the policy.

The Kentucky State Senate also voted the resolution out of committee on April 15, the last day of the session, and brought it to the floor, where it was adopted by voice vote. The resolution, SR 90, is the Pennsylvania version of the HBPA, and could not be amended because it was already in committee.

A version of the HBPA has also been introduced into the Vermont House of Representatives due to LaRouche Youth Movement work in Montpelier. Organizing to sharpen the resolution, and the understanding of its vital importance in that body, is underway.