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Volume 29, Number 10, March 15, 2002

Cover of EIR Volume 29, Number 10, March 15, 2002

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Bush’s Action on Steel Tariffs Means the Real Economy Is Back on the Agenda  

by Anita Gallagher

The near-collapse of the U.S. steel industry forced the President to shift from a “free trade” to “fair trade” position to save the U.S. steel sector. The decision has far-reaching implications domestically and abroad.

The Tariff Itself Is Not Europe’s Problem  

by Lyndon H. LaRouche, Jr.

President Bush’s decision “portends what will probably become, rather suddenly, the most portentous, systemic shift in world-wide economic policy in thirty years.... Does the increased tariff on steel imports mean a collapse of Europe’s exports to the U.S.A.? In and of itself, the answer is: ‘It does not constitute such a threat.’”

Economics

In the United States, Wet Dreams of Recovery Run On  

by John Hoefle

The Recovery is coming!, the refrain of a gaggle of financial Chicken Littles, is based on the very real fear that the global financial system is coming down. They are desperate to keep their failing bubble going, and to head off the only viable alternative, the New Bretton Woods proposal of Lyndon LaRouche.

Italian Senators Call for New Bretton Woods  

Argentina Driven to Ungovernability  

by Cynthia R. Rush and Gerardo Terán Canal

IMF Devastation Brings Dengue to the Americas  

by Paul Gallagher

China Congress Told It Faces ‘Volatile’ World  

by Mary Burdman

Keplerian Economics: Wealth as Curvature  

by Jonathan Tennenbaum

Part 2 of a pedagogical exercise.

Feature

Money-Pumping Won’t Stop Industrial Collapse  

by Lyndon H. LaRouche, Jr.

A March 5 interview with Lyndon LaRouche, conducted by Salt Lake City radio talk show host Jack Stockwell. Those who are pumping liquidity into the economy, LaRouche said, “were talking about the ‘recovery’—it’s like Dracula, as I call it—promising the suckers a midnight recovery. And the suckers are buying.” But the whole system is coming down, and hyperinflationary money-pumping only makes the collapse of physical production that much worse.

Investigation

The CFR Spreads Fantasies of New War and Empire  

by Jeffrey Steinberg

The New York Council on Foreign Relations, the American branch office of the British Royal Institute for International Affairs, has issued a public call for a full-scale war on Iraq, as a stepping-stone to imperial world government.

‘Neo-Imperialism’ Is Utopian-Speak for ‘American Suicide’  

by Stanley Ezrol

International

Hindu-Muslim Riots Show: India Must Face Reality  

by Ramtanu Maitra

The orchestration of riots by “Clash of Civilizations” adherents, has brought to focus the threat to India’s stability, and poses the need for the government to finally seriously address the deepening economic and social crisis.

LaRouche on Gujarat Riots  

by Lyndon H. LaRouche, Jr.

UN Monterrey Meeting Targetted by Terrorists  

by Gretchen Small

Clash of Civilizations ‘Left’ Forces Gather  

by Silvia Palacios

Venezuela: Chávez Clings to Power, Radicalizes Revolution  

by David Ramonet

Echoes of the Warsaw Ghetto in Gaza and the West Bank  

by Dean Andromidas

Egypt Urges Bush To Restrain Israel’s Sharon  

by William Jones

‘Inner War’ Heats Up in Britain Over Iraq War  

by Mark Burdman

LaRouche’s Economics Text Is Now in Croatian  

by Elke Fimmen

National

Open Reply to Ari Fleischer: Peace Between Two Presidents  

by Lyndon H. LaRouche, Jr.

“On the subject of President William Clinton’s role in Middle East peace negotiations, he made only two notable mistakes: ... he allowed the exclusion of the two issues on which an actual Middle East peace depends, absolutely: the issue of economic development, and especially, the issue of mass desalination.”

Creating New Mideast Water Resources Is a Necessity for Economy and Peace  

by Marcia Merry Baker

D.C. Health Head Quits, Hospital Issue Returns  

by Lynne Speed

Congressional Closeup  

by Carl Osgood

Book Review

Portrait of an Instant Imperialist  

by Tony Papert

Warrior Politics: Why Leadership Demands a Pagan Ethos, by Robert D. Kaplan.

Departments

Editorial  

A New Pollard Affair?

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