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Volume 29, Number 24, June 21, 2002

Cover of EIR Volume 29, Number 24, June 21, 2002

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‘Fannie and Freddie Were Lenders’: U.S. Real Estate Bubble Nears Its End  

by Richard Freeman

The U.S. financial system is now dependent to an unprecedented degree upon one prop: the greatest housing-real estate bubble in human history. And that bubble is about to pop.

The Origins of Fannie Mae  

Economics

Wall Street’s Magicians and Their Tricks: Once Again, They Have Fooled You!  

by Lyndon H. LaRouche, Jr.

“Neither the government, nor Wall Street, nor the mass media, could ever have fooled you as they customarily do, if you did not virtually beg to be fooled, exactly as most of you today beg to be fooled into believing, still, even now, in a non-existent economic ‘recovery.’”

U.S. Dollar Falls, No Sign of ‘Recovery’  

by Lothar Komp

German States Plunge Into Budget Emergency  

by Rainer Apel

Business Briefs  

International

Brazil Finds Best Message to the United States: LaRouche  

by Gretchen Small

Fast on the heels of their trip to the United Arab Emirates, U.S. Presidential pre-candidate Lyndon LaRouche and his wife visited Brazil, where institutions jumped at the opportunity to hold direct discussions with the American statesman respected worldwide as a true American patriot, who dares stand up for all mankind.

Bush Rebuffs Arabs and Courts Mideast Disaster  

by Paul Gallagher

At Abu Dhabi, Dialogue of Civilizations  

India-Pakistan Tension Reduced, But Threat of War Remains  

by Ramtanu Maitra

Anglo-Americans Move To Impose Their ‘Utopian’ Military Strategy Over Asia  

by Michael Billington

Russian Symposium Honors P. Kuznetsov  

How To Steer a Sinking Ship  

by Lyndon H. LaRouche, Jr.

For the symposium honoring P. Kuznetsov.

Golden Farce: Windsor Cuckoo Clock Ticks On  

by Alan Clayton

Against the ‘Effective Silencing of the U.S. Catholic Church’  

by Mark Burdman

An interview with Peter Kearney.

International Intelligence  

Interviews

Peter Kearney  

The Director of the Catholic Media Office of the Bishops Conference of Scotland, in Glasgow, speaks out on the scandals hitting the Catholic Church in America.

Book Reviews

Reinventing John  

by Jeffrey Steinberg

Citizen McCain, by Elizabeth Drew.

National

Pentagon/Justice Take Police State Moves, as LaRouche Warned  

by Edward Spannaus and Michele Steinberg

Attorney General John Ashcroft’s suspension of the constitutional rights of an American citizen, in the “radioactive dirty bomb” case, is the latest step-wise escalation in the assault on civil rights and liberties which began in earnest immediately after Sept. 11.

Bush’s New Strategy: Unilateralism Run Amok  

by Carl Osgood

Spannaus Files for Senate With Debt Warning  

Spannaus: Last Chance To Back LaRouche, Before Crash and War  

by Nancy Spannaus

Army Video Game Teaches 13-Year-Olds To Kill  

by Donald Phau

Arizona Mystery: McCain, the Mob, and the Democrats  

by Anton Chaitkin

Congressional Closeup  

by Carl Osgood

National News  

Departments

Australia Dossier  

by Allen Douglas

Fascist Laws Up for Vote.

Editorial  

What Will We Do This Summer?

Correction

In last week’s cover picture, the person to the right of Lyndon LaRouche in the photo was misidentified. The person was Mohamed Jalifa al-Marar, Director of the Zayed Centre for Coordination and Follow-Up.

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