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Volume 12, Number 24, June 18, 1985

Cover of EIR Volume 12, Number 24, June 18, 1985

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Interviews

Right Reverend Bishop Desmond Tutu  

by Mary Lalevée

The Bishop of Johannesburg and Nobel Peace Prize winner discusses the importance of Helga Zepp-LaRouche’s proposed “Indira Gandhi Memorial Summit” to reorganize the international credit system.

Departments

Banking  

by Kathy Wolfe

“Rolling” Bank Crisis: California Next?

Science & Technology  

by Charles B. Stevens

Muons Catalyze “Cold” Fusion Reactions.

Agriculture  

by Marcia Merry

USDA Gives Free Food to the Cartels.

Asia Watch  

by David Hammer

Soviets Seek Ethnic Card in Pacific.

From New Delhi  

by Susan Maitra

Toward a Solution for Sri Lanka.

Report from Italy  

by Liliana Gorini

Communists Back Bankers’ Dictatorship.

Report from Bonn  

by Rainer Apel

Will Genscher Go, or Kohl?

Editorial  

Rajiv Gandhi in the U.S.A.

Economics

Banking on Disaster: $2 Trillion in Bad Debt Paper  

by Kathy Wolfe

Of the U.S. banking system’s some $3 trillion in loan assets, at least $2 trillion is bankrupt, and an actual competent accounting audit of, for example, the $120 billion in U.S. bank loans to heavy industry, would find them based on tangible assets so old and decrepit that the loans are worth less than half of their book value.

Is Don Regan the Banker of Choice for Carter-Mondale Democrats?  

by Mark Burdman

If investigations are pursued to their plausible conclusion, he could be implicated in some quite nefarious activities.

Krafft Ehricke, Space Pioneer  

by Marsha Freeman

The tribute to the great scientist by Fusion magazine.

Abrahamson: SDI Can Help Realize Ehricke’s Projects for Space  

Excerpts from the Rome daily Il Tempo’s interview with the SDI chief.

Documentation: The accomplishments of the German rocket scientists.

Argentina’s Nuclear Program Under Fire  

by Cynthia R. Rush

Currency Rates  

Business Briefs  

Feature

India’s Challenge To Modernize Agriculture  

by Susan Maitra and Ramtanu Maitra

Only four decades after the British left the country in devastated condition, India can meet its basic food requirements, but the appalling poverty in which 80% of its population lives attests to the economic challenge the new Gandhi government faces.

Strategic Studies

A Draft of a Proposed Revision of NATO Doctrine  

by Lyndon H. LaRouche, Jr.

According to its own doctrine, the Soviet Union is already in a state of war against the United States of America and its allies. Lyndon H. LaRouche, Jr. proposes corresponding changes in NATO’s doctrine.

International

Papandreou’s Re-Election: The ‘Sarajevo’ of World War III  

by Lyndon H. LaRouche, Jr.

Analysis of the series of catastrophic blunders and vacillations by the U.S. government which permitted the Greek general elections of June 2, 1985 to result in Greece effectively moving out of the NATO alliance, and into the Soviet sphere of strategic influence.

Papandreou: Lawless, Tyrant, Traitor  

by Phocion

Addresses Greek patriots.

Soviet Military Buildup: Ogarkov Takes Charge of ‘Secret’ Maneuvers  

by Konstantin George

Fundamentalists Plot Hot Maghreb Summer  

by Thierry Lalevée

Venezuela: President Lusinchi Blasts EIR’s Persecutors  

by Gretchen Small

Documentation: Ex-police official defends drug king Lehder.

International Intelligence  

National

New Phase of Operation PAN Launched by Kissinger’s CSIS  

by Timothy Rush

A report on an extraordinary private conference of the Georgetown Center for Strategic and International Studies (CSIS) held in Washington, D.C., entitled “The Future of the Mexican Economy and Implications for the United States.”

Documentation: Excerpts from the speeches given.

End OSI Witchhunt Against Scientists  

Maj.-Gen. John Bruce Medaris’s letter to President Reagan.

Eye on Washington  

by Nicholas F. Benton

“Concerned Scientists” Flip Their Lids — Weinberger: Garwin Is Not Well-Informed.

Kissinger Watch  

by M.T. Upharson

“His friends call him Kissinger” — “At Least Since the Crusades” — A Cake for Henry.

Congressional Closeup  

by Ronald Kokinda and Susan Kokinda

Kennedy, Heinz Target Jordan — Senate Passes Defense Budget Freeze — Dole Supports Terrorist Syria — Panel of “Experts” To Monitor the SDI — Amendments To Wreck the Program.

National News  

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