Benchmarking: Faking as an Art of Self-Deception

By Lyndon H. LaRouche, Jr. The belated official admission, that the U.S. government has been faking its official inflation statistics, plus the surfacing of a ten-year-old letter, in which Ford executives described how they covered up a willful and deadly design-failure in the firm's best-selling Sport Utility Vehicle, "tell us much, if not quite all, about the administrative reasons for the presently onrushing collapse of the global, Anglo-American-dominated financial system." The root of the problem is deeper: the influence of recent trends in popular opinion, which have tolerated such lunacies in the name of what might appear to be an accountant's definition of profit.

The Quality Adjustment Method:
How Statistical Fakery Wipes Out Inflation

Economics

`New Economy' Bubble Bursts; Investors Lose Billions

The myth of the "New Economy" has been shattered, and the dream of quickly made fortunes has come to an end. Millions of small investors, as well as wheeler-dealer marketeers, are out in the cold.

The Whole Financial System Is Crumbling

Forget the populist posturing, the single issues, the obsessions with "my money," and turn your attention to the question which counts: When this system collapses, what will replace it?

German-U.S. Maglev Pact Boosts Export Prospects

LaRouche Briefs Italian Parliament on Financial Crisis,
What Must Be Done

Asian Nations Debate Economic Future

The global financial crisis is hitting Asia again, and diplomacy is focussed on protecting the physical economy.

LaRouche's New Bretton Woods Must Be the Fruit of the Jubilee

Business Briefs

International

Bankers Back `New Hitler' Sharon in Mideast War Drive

President Clinton's failure to make cooperation around water and related economic infrastructure into the crucial issue for Mideast peace, is a blunder on a tragic scale, which has unleashed the full lunacy of Ariel Sharon and his Wall Street and London backers, moving the region to the edge of all-out war.

Sharm Al-Sheikh Summit Leaves Mideast on a Course toward War

UN Embargo Against Iraq Crumbles

A Political Storm That Might Pull Down the French Presidency

Queen's Britain Goes To Pot

How Thatcher Wrecked `The Common Good'

Lockerbie Prosecution Lies in Shambles

Wall Street Task Force Dictates Opium War Strategy Against Americas

National

Clinton's Cave-In to Hillary, Gore Wrecked Mideast Peace

The President's personal role in the Mideast peace process must be put back on track if a horrific regional war is to be averted.

Atlanta Mayor Takes On DOJ's `Operation Fruehmenschen'

Texas Criminal Justice System `Out of Control'

Congressional Closeup

Departments

Editorial

Today's American Tragedy.