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Volume 26, Number 33, August 20, 1999

Cover of EIR Volume 26, Number 33, August 20, 1999

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Departments

Australia Dossier  

by Robert Barwick

Milk deregulation turns industry sour.

Editorial  

The Littleton omen.

Economics

World financial crisis: the fear barometer is rising  

by Lothar Komp

Both a cause and an effect of the growing fears on financial markets, is a new round of news items and rumors, about market participants in trouble.

LaRouche says: It’s time to sue the IMF for damages  

by William Engdahl

The scale of International Monetary Fund damage to global real economic growth is such that it threatens far more than the individual countries involved. It is time to end the role of the IMF in this criminal activity, before it ruins us all.

Documentation: Case studies of Ukraine, Thailand, and Indonesia, where IMF “advice” helped destroy the economy.

Overextended U.S. stock market bubble is at the breaking point  

by Richard Freeman

How the bubble got so big, and why it can’t last much longer.

The sleazy world of day trading  

by Richard Freeman

The North American Securities Administrators Association agrees with EIR: Day trading and other speculative activities are gambling.

New World Trade Organization chief Michael Moore: a danger to mankind  

by Michael O. Billington

A fight is pitting the majority of Asian and other developing sector nations, supporting Thailand’s Dr. Supachai Panitchpakdi, against the United States and most European Union nations, who backed Moore.

Strategic Studies

Congress revisits the ABM treaty  

by Lyndon H. LaRouche, Jr.

“There has been a recent effort by some members of the U.S. Congress, to overturn Henry A. Kissinger’s celebrated 1972 ABM (Anti-Ballistic-Missile) treaty. That was the Pugwash Conference-inspired treaty, between the U.S.A. and U.S.S.R., which had been intended to outlaw strategic ballistic missile defense. Unfortunately, this present effort to overturn that treaty, is, as I shall show, as ill-conceived as the treaty itself.”

International

Is World War III coming?  

by Lyndon H. LaRouche, Jr.

“Among those who are paying attention to reality, one of the two big questions of the day is, ‘Is Nuclear World War III Now Inevitable?’ My answer is, that I believe it is not inevitable; but, the danger is serious enough that serious people will ask themselves that question.”

Yeltsin coup in Russia increases war danger  

by Konstantin George

The appointment of Vladimir Putin as Prime Minister is intended to thwart the orderly constitutional transition of Russia to the post- Yeltsin era through State Duma and Presidential elections.

Documentation: Excerpts from an article by Lyndon LaRouche in April 1998, “Russia: A Coup From Above.”

Prince Philip is ‘hoist with his own petar’  

Britain’s Royal Consort Prince Philip’s racism is nothing new, but it seems that some among the British elites have decided to make an issue of it.

The southern Eurasian potential  

British monarchic interests are intent on destroying the economic potential of the belt of southern Eurasia. This potential was highlighted in EIR’s January 1997 Special Report, “The Eurasian Land-Bridge: The ‘New Silk Road’—Locomotive for Worldwide Economic Development.”

Pentagon, GOP push Korean missile crisis, as Clinton asks for calm  

Chávez’s Jacobin Constituent Assembly moves forward in Venezuela  

by David Ramonet

India shows a keen interest in Central Asian affairs  

by Ramtanu Maitra

A report on an international conference in New Delhi, at which Indian Prime Minister Atal Behari Vajpayee and a Schiller Institute representative spoke.

U.S. State Dept. blocked FBI-Sudan cooperation on embassy bombings  

by Linda de Hoyos

International Intelligence  

National

Battle royal rages over U.S. drug war policy  

by Jeffrey Steinberg

Gen. Barry McCaffrey and Secretary of State Madeleine Albright are the two leading protagonists, struggling to shape the Clinton administration’s response to a life-or-death situation in Colombia, compounded by a dangerous subversive initiative by Venezuelan President Hugo Chávez.

Experts can’t ‘wish away’ violence in America’s schools  

by Michele Steinberg

Edward Ray, director of security for the Denver, Colorado Public Schools, laid the danger on the line: “I want to make it real clear,... I ... can’t ever guarantee that an incident such as Columbine, or Paducah or Springfield or Conyers, will never take place.”

National News  

Congressional Closeup  

by Carl Osgood

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