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Volume 34, Number 32, August 17, 2007

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The System Is Finished: Build Infrastructure!

by Nancy Spannaus

The only competent plan that has been put forward to deal with the ongoing financial blowout is that of Lyndon LaRouche, who calls for creating a new global monetary system by carrying out the necessary bankruptcy reorganization, and putting into place an FDR-style program of directing credit toward massive infrastructure-building.

A Table of Organization for U.S. Economic Recovery  

The Economic Recovery Act of 2007  

Draft legislation being circulated to Congress by the LaRouche Political Action Committee (LPAC).

The Scope of the U.S. Infrastructure Deficit  

Build Rail, Maglev for Fast, Safe Transport

by Richard Freeman

Brooklyn Bridge: Built for the Ages

by Bonnie James

If Rohatyn Is In It, It’s No Damn Good

by Mercia Merry Baker

Synarchist banker Felix Rohatyn has consistently acted to subvert the foundations of national economies, and his proposal for a “National Infrastructure Bank Act of 2007” is basically a national version of the Big MAC program that raped New York City in the 1970s.

Economics

Panic Is in the Air as Financial System Implodes

by John Hoefle

When a financial commentator says that “Armageddon” is here, it is indicative of the fear of the financiers and bankers, as they begin to realize that their system is disappearing. The issue is not “credit,” but debt, and the games that have been played to hide the way debt has been used to paper over an economy—and a banking system—which is already bankrupt.

Three Gorges Dam Passes First Major Test With Flying Colors

by William Jones

A Challenge to the British System: Why Canada Needs the Bering Strait Tunnel  

by Rob Ainsworth

The work of Canada’s 19th-Century “Prophet of Progress,” Thomas C. Keefer, shows the direction in which the nation must move today.

International

Unprecedented Progress in Eurasian Cooperation  

by Mary Burdman

From Southeast Asia, to the Koreas, to Vladivostok in Russia, steps are being taken to firm up Eurasian relations. The leading roles of Russia and China are particularly prominent.

Great Promise for a World in Danger  

by Helga Zepp-LaRouche

Helga Zepp-LaRouche gives a strategic briefing to collaborators in Mexico.

France: Nuclear Energy or Financial Power

by Jacques Cheminade

Young Arab Musicians Celebrate Schumann

by Muriel Mirak-Weissbach

National

To Make Mideast Peace, Dump Dick Cheney Now  

by Jeffrey Steinberg

The Cheney forces are beating the drums louder for military strikes against Iran, as President Bush picks up their rhetoric. Analysts fear that the Administration will stage an incident that could trigger such an attack, a “Gulf of Tonkin II.”

‘Gulf of Tonkin’ Is Model for Cheney’s War  

by Carl Osgood

Bush Signs Spy Bill in Spirit of Hitler’s Third Reich  

by Edward Spannaus

Dangers of a Cornered George Bush

An assessment of the President by psychiatrist Dr. Justin Frank and the Veteran Intelligence Professionals for Sanity (VIPS). Confronted with more defeats and reversals, Bush might now undertake even more reckless military adventures, they conclude.

Arnie’s Fascist Budget Hits Poor, Children

by Harley Schlanger

Investigation

Vast Right-Wing Conspiracy At It Again, With a New Twist  

Hillary Clinton, as First Lady, blasted the “vast right-wing conspiracy” against her husband. The core of that conspiracy, including notably the networks of Richard Mellon Scaife, is now reactivated, preparing slanders and dirty tricks against Senator Clinton, Lyndon LaRouche, and perhaps others.

Editorial

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