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Volume 10, Number 11, March 22, 1983

Cover of EIR Volume 10, Number 11, March 22, 1983

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Interview

Ernesto Vallerani  

by Giuseppe Filliponi

The director of Aeritalia’s aerospace division describes how Spacelab and related ventures could be used to enhance the productivity of business and agriculture.

Departments

Report from Italy  

by Marco Fanini

Bulgarian connection leads to London.

Dateline Mexico  

by Josefina Menéndez

Labor’s revolt against the IMF.

Editorial  

The downfall of the recovery myth.

Economics

U.S. Interest Rates and the Ides of March  

by David Goldman

Quarrels between British financial strategists and their Swiss counterparts over how to handle the impending financial crisis; American banks have voiced no independent options.

The LaRouche Proposal for Gold-Based Credit  

The document George Shultz and Donald Regan are trying to keep in the White House’s most remote files.

Yugoslavia To Be Put Under IMF Policies Again?  

by Luba George

British Foreign Office: ‘Time To Squeeze Poland’  

by Luba George

Slow Growth Troubles the Indian Economy  

by Paul Zykofsky and Ramtanu Maitra

Foreign-exchange problems and industrial bottlenecks.

Agriculture  

by Cynthia Parsons

Business Briefs  

Special Report

How the Fondi Created the U.S. Budget Disaster  

by Criton Zoakos

The U.S. investment bankers who profit from the vast deficit are at the bottom of a ladder leading to the Anglo-European aristocrats against whom Americans fought the Revolutionary War.

Why Reagan Cannot Balance the Budget  

by Richard Freeman

The shrinkage of tax revenues caused by the “post-industrial” growth of unproductive economic activity, is analyzed for the 1945-83 period. A fiscal surplus and tax cuts could, however, quickly be achieved.

International

Battle over the IMF Erupts at Non-Aligned Summit  

by Peter Ennis

‘American System’ Solution to Poverty Proposed by Pope John Paul II  

by Valerie Rush

West German Electoral Outcome Means Greater Instability Ahead  

by Rainer Apel

Greens in the German Parliament  

Germany: The Industrial Slump Starts to Accelerate  

by George Gregory

France Casts Ballots Against Zero Growth  

by Dana Sloan

The Tug of War for Mitterrand’s Mind  

by Laurent Murawiec

Italian Communists Surrender to the Venetian Oligarchy  

by Marco Fanini

Documentation: The European Labor Party’s Open Letter to the party’s 16th congress in Milan.

The Strange Case of the Men of the Trees and the Battle To Stop ABM Defenses  

by C.L. Magister

Storm Clouds over Bangladesh  

by Ramtanu Maitra

International Intelligence  

National

World Federalists Direct the Nuclear Freeze in Congress  

by D. Stephen Pepper

Freeze advocates abruptly focused their efforts in March not simply on passing a “nuclear freeze” resolution in Congress, which a World Federalist official was caught coaching, but on freezing the option of an advanced-technology defense against nuclear-armed intercontinental missiles. The National Democratic Policy Committee is challenging the claim that “peace” is an antonym of nuclear technologies.

Four Years of Sabotage of U.S. Beam Weapons  

by Robert Gallagher

Harold Brown, Jimmy Carter’s defense secretary, comes from the California “military-industrial” complex, and represents its “mole” component.

The AFL-CIO Leadership Rams Through George Shultz’s Program  

by Lonnie Wolfe

Defense cuts and enhanced power for the International Monetary Fund.

National News  

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