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Volume 23, Number 8, February 16, 1996

Cover of EIR Volume 23, Number 8, February 16, 1996

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Interviews

A. Moneim Z. Nahas  

by Muriel Mirak-Weissbach

A. Moneim Z. Nahas is a retired deputy chief justice, who now heads the General Elections Authority in Sudan.

Departments

Report from Paris  

by Christine Bierre

Financial Chernobyl Ahead?

Report from Rio  

by Lorenzo Carrasco Bazúa

Organized Crime Takeover Bid Exposed.

Report from Bonn  

by Rainer Apel

A Risky Attempt To Buy Time.

Editorial  

Worse, Worst, Worsthorne.

Science & Technology

Britain Sabotaged the Steam Engine of Leibniz and Papin  

by Philip Valenti

The Royal Society and Isaac Newton successfully obstructed the industrial and maritime use of steam power for 100 years, and then claimed the discovery for themselves.

Economics

Italian Officials Investigate Soros for Financial Crimes  

by Paolo Raimondi

Two official probes against the international speculator for his involvement in the 1992 attack on the lira, both stem from a legal brief presented by the International Civil Rights-Solidarity Movement.

Pundits Proclaim Financial System ‘Shockproof,’ as Stock Prices Soar  

by Michael Liebig

Kapstein's Curious Hoax  

by Lyndon H. LaRouche, Jr.

Comments on “a curious piece of whistling-in-the-graveyard fiction authored by Ethan B. Kapstein” in the New York Council on Foreign Relations’ Foreign Affairs journal.

Maastricht ‘House of Cards’ Is Falling  

by Susan Welsh

‘Fig Leaf’ Laws Won’t Stop Money-Laundering  

by George Gregory

Russians Seek Help To Revive Agriculture  

by Rosa Tennenbaum

Congress Okays Telecom Deregulation Boondoggle  

by Anthony K. Wikrent

Currency Rates  

Venezuelan Brady Bond Market Was a Laundry  

by David Ramonet

Business Briefs  

Feature

‘Budget-Balancing’ Is an Exercise Doomed to Failure  

by Richard Freeman

Shows how, from the 1977-81 Jimmy Carter era, the approach has repeatedly been tried to balance the Federal budget like a household’s—by cutting spending to bring it in line with apparent income. This “wisdom” has consistently led to a doubling of the budget deficit!

Tax Breaks To Benefit Parasites  

by Richard Freeman

A History of the Push for a Balanced Budget  

by Richard Freeman

The virus started under Carter in 1977, continued with the Kemp-Roth “Economic Recovery Tax Act” under Reagan, and persisted with Gramm-Rudman-Hollings in 1985.

KKK Backer Started the ‘Budget Process’  

by Susan Kokinda

NTU: Weapon against the United States  

by Anthony K. Wikrent

The National Taxpayers Union is under top-down control from London, starting with its founder James Dale Davidson’s chummy connection to Lord William Rees-Mogg.

International

British General Sabotaged NATO Bombing of Serbs  

by Umberto Pascali

EIR’s exposé of the treacherous British role in Bosnia has been dramatically confirmed.

Will the British Allow Sudan To Hold Democratic Elections?  

by Muriel Mirak-Weissbach

Jordan: Cabinet Reshuffle Portends Confrontation  

The trial of former independent Islamist member of parliament Laith Shubeilat was a signal.

Rima Shubeilat Calls for a Free Press in Jordan  

by Rima Shubeilat

U.S. Decertification of Colombia Is in Both Nations’ National Interest  

by Andrea Olivieri

‘Bush Manual’ Crew Targets Peru’s Hermoza  

by Luis Vásquez Medina

International Intelligence  

National

LaRouche Takes Presidential Campaign to New England  

by Mel Klenetsky

“I am not a rival to President Clinton,” the New England-born Democrat told press in Portland, Maine: “We have a division of labor.”

Pentagon Says Bosnia Must Be Rebuilt Fast  

by William Jones

Gore-Chernomyrdin Agreements Show Risky U.S. Policy vis-à-vis Russia  

by William Jones and Marsha Freeman

The problem which is being avoided, is the aversive environment shaped by International Monetary Fund austerity.

What Democrats Can Learn from Legacy of Senator Yarborough  

by Harley Schlanger

America, We Have a Problem  

The FBI sting at NASA was more of the Justice Department’s “wrong stuff.” A guest commentary by a group of former senior NASA officials and contractors.

Congressional Closeup  

by Carl Osgood

National News  

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