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Volume 19, Number 50, December 18, 1992

Cover of EIR Volume 19, Number 50, December 18, 1992

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Interviews

Arturo Tolentino  

by Lydia Cherry

A senator in the Philippines Congress, Mr. Tolentino is a member of the National People’s Coalition and a former minister of state for foreign affairs in the Ferdinand Marcos government. He is known as a leader of the anti-IMF faction in his country.

Book Reviews

From ‘October Surprise’ to Iraqgate: A Decade of Geopolitical Duplicity  

by Edward Spannaus

Profits of War: Inside the Secret U.S-Israeli Arms Network, by An Ben-Menashe.

Departments

Andean Report  

by Robyn Quijano

Venezuelans Democratically Reject CAP.

Report from Rio  

by Silvia Palacios

Leftists Push “Proletarian Monetarism.”

Dateline Mexico  

by Carlos Cota Meza

Narco-Terrorism on the Northern Border?

Editorial  

Merry Christmas?

Economics

FDIC To Close Sick Banks, But Can’t Cope with Crisis  

by John Hoefle

While everybody is talking about a “December Surprise” of post-election U.S. bank closings, the magnitude of the crisis is much greater than the authorities are willing to admit. The new bank capital guidelines, intended to close some bankrupt institutions before they fail, will do nothing to solve the problem.

‘Derivatives’ Devour the Financial Markets  

by Anthony K. Wikrent

Philippines Congress Seeks To Reclaim Sovereignty from IMF  

by Lydia Cherry

Facts Show that the IMF System Has Failed  

by Lydia Cherry

An interview with Arturo Tolentino.

Currency Rates  

Casino Gamblers Prey on Depression Collapse  

by H. Graham Lowry

Business Briefs  

Feature

Fresh Water Is Never Too Expensive  

by Marcia Merry

Plentiful fresh water can be made available to every person on this planet—provided the commitment is there to apply advanced technology. In the latest installment of EIR’s series on infrastructure development, Marcia Merry shows how we can get the right quantities of water to the right place, at the right time.

Investigation

Virginia Cases Sought To Destroy LaRouche Movement  

The current trial of five men charged with a plot to kidnap associates of Lyndon LaRouche, is only the most recent outrage by the “Get LaRouche” task force. One of the “Kidnapers, Inc.” defendants, former Virginia Sheriff’s Lt. Donald Moore, has been a major player in the Commonwealth of Virginia’s railroad prosecution of LaRouche supporters, which has so far meted out prison sentences of up to 77 years for “securities violations.”

International

Violence Sweeps India: Will the Nation Survive?  

by Ramtanu Maitra

Reports from New Delhi on the crisis that erupted in Ayodhya, where a Hindu fundamentalist mob attacked a Muslim mosque and totally destroyed it. The government of Prime Minister Rao has moved swiftly to punish those responsible, but a lot more than that will be needed to preserve national unity.

‘Caring Imperialism’ Won’t Save Somalia from War and Famine  

by Joseph Brewda

Russia Balks at International Monetary Fund Shock Therapy  

by Konstantin George

Secret Serbian Plan for War on Macedonia  

by Umberto Pascali

ADL’s Foxman Caught Destabilizing Latvia  

by Mark Burdman

Mafia, Freemasons Plot To Break Up Italy  

by Claudio Celani

WCC Renounces Concept of Man in the Image of God  

by Mark Burdman

World Mobilization To Free LaRouche  

International Intelligence  

National

Clinton’s Economic Team: The Wrong Direction  

by Kathleen Klenetsky

Wall Street is calling the shots, as the appointments of Lloyd Bentsen, Roger Altman, and others demonstrate they stand for free trade, deficit reduction, and austerity. It sounds like the Bush Administration, doesn’t it?

Bevel Vows: Pike Statue Will Come Down  

Insurers Propose Universal Health Care  

by Linda Everett

National News  

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