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Volume 7, Number 17, May 6, 1980

Cover of EIR Volume 7, Number 17, May 6, 1980

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Departments

From the Editor-in-Chief  

by Daniel Sneider

Editorial  

By the laser’s red glare.

Dateline Mexico  

by Josefina Menendez

What did Brandt tell Castañeda?

Middle East Report  

by Robert Dreyfuss

Carter’s deal with the Brotherhood.

Energy Insider  

by William Engdahl

A new gasoline technology.

Congressional Calendar  

by Barbara Dreyfuss and Susan Kokinda

Campaign 1980  

by Kathleen Murphy

Economics

The IMF Meets To Plan the Dollar’s Demise  

by Richard Freeman

The funny-money boys at the IMF have yet another scheme to push through their Substitution Account and Special Drawing Rights. As in every other effort to win their way, it involves the Iran crisis.

Domestic Credit  

by Lydia Schulman

A few concessions.

Gold  

by Alice Roth

The iron law of money?

World Trade  

by Richard Schulman

The Jesuits’ export drive.

Foreign Exchange  

Trade Review  

Science & Technology  

Coal conversion: A disaster.

Business Briefs  

Special Report

LaRouche-Riemann Model Forecast: Can the U.S. Economy Survive the Depression?  

by David Goldman

David Rockefeller recently said: “There is no possibility of recovery without a real recession.” The LaRouche Riemann econometric model has now proven the opposite: There is no possibility of an indigenous U.S. economic recovery if present recessionary policies continue for even six more months. A thorough report, by Dr. Uwe Parpart, Dr. Steven Bardwell, David Goldman, and Leif Johnson.

The 1980 Recession: Not Like Any Other  

by Leif Johnson

Economics: The Thermohydrodynamic View  

by Dr. Steven Bardwell and Dr. Uwe Parpart

International

Countdown For War on the European Battlefield  

by Vivian Freyre Zoakos

The indications are growing fearfully that Europe is sliding into capitulation to the Anglo-American war faction around the “Iran crisis,” created to force just such a backdown in all policy-areas. At stake is the Franco-German alliance, the European Monetary System, and, for that matter, human civilization itself.

Documentation: Chancellor Schmidt’s remarks, and commentaries from the Kremlin, Paris Match, the Times of London, the Guardian, and the Economist.

West Germany  

by Susan Welsh

The Schmidt government–walking on a tightrope.

France: Giscard Faces Blackmail and Domestic Pressures  

by Garance Phau

Britain: The World’s Worst Economists: Can They Dictate to Europe?  

by Susan Johnson

Italy: A Terrorist Government Attacks the Communists  

by Vivian Freyre Zoakos

Japan: Lobbyists for Carter in Luxembourg  

by Richard Katz

International Intelligence  

National

The 1981 Defense Budget: A Buildup or a Bluff?  

by Konstantin George and Susan Welsh

The DoD’s FY 1981 “arms buildup” spending embodies a defense program that will actually decrease U.S. capability to fight general war, but increase the likelihood of general war.

What the New Spending Is For  

Why has Benjamin Civiletti Been Releasing the Terrorists?  

by Robert Greenberg

So-called Puerto Rican nationalists, so-called black nationalists, and lots of just plain gunmen and bomb-throwers are back on America’s streets thanks to the “personal intervention” of the Attorney General.

National News  

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