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Volume 36, Number 17, May 1, 2009

Cover of EIR Volume 36, Number 17, May 1, 2009

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First, Deflation, Then: Soon, Hyperinflation  

by Lyndon H. LaRouche, Jr.

By Lyndon H. LaRouche, Jr. Because the U.S. and British governments are both currently behaving as idiots, a process similar to the artificial Versailles conditions that were imposed upon Germany after World War I is now rapidly leading into a global hyperinflationary blowout.

To Deal with Inflation, Financial Collapse: ‘We Don’t Need a Bad Bank, But a Good Bank’  

Interview with Professor Wilhelm Hankel.

The KfW and Germany’s Postwar Reconstruction  

International

The Noösphere: Ukrainian Conference Summons LaRouche in Time of Crisis  

by Rachel Douglas

Rachel Douglas and Sky Shields, representatives of Lyndon LaRouche, were received with enthusiasm as featured speakers at a conference in Ukraine titled “Physical Economy: Research Methodology and the Global Mission of Ukraine,” held on April 9 at the Kiev National Economic University.

Greetings to Kiev Conference: Science & Society Now  

by Lyndon H. LaRouche, Jr.

Lyndon LaRouche’s greetings to the conference referenced his longer paper submitted for the proceedings, “The Principle of Mind,” and emphasized the scientific achievements of Academician V.I. Vernadsky and his associates, which bear upon defining solutions for the political-economic and social crisis which grips all nations and peoples on this planet today.

Economic Progress Begins with Creative Discovery  

by Sky Shields

International Intelligence  

Economics

LaRouche Demands a Thorough Investigation into Freddie Mac  

by John Hoefle

The acting chief financial officer of mortgage giant Freddie Mac died under suspicious circumstances; he was not under investigation, but he knew a lot about “where the bodies are buried.”

G-8 Ag Meet: Shift to Pro-Production  

by Marcia Merry Baker and Claudio Celani

National

Will Israeli Spy Revelations Halt Netanyahu’s War Drive?  

by Jeffrey Steinberg

Scandals about Israel’s continuing political dirty tricks and espionage operations inside the United States could short-circuit Prime Minister Netanyahu’s drive for a military strike against Iran.

Who Is Running Our Government? The 29 Colorful Knights of the Round Table  

by Tony Papert

Profiles of some of the members and associates of the Behavioral Economics Roundtable who are running the Obama Administration’s economic policy: Colin Camerer, Robert Cialdini, Matthew Rabin, and Peter Orszag.

National News  

Development

Europe’s Potential Role in the Reconstruction of Africa  

by Portia Tarumbwa-Strid

LaRouche Youth Movement leader in Germany, Portia Tarumbwa-Strid, addressed a conference of the Civil Rights Solidarity Movement (BüSo) in Berlin. It is a moral failure, she said, that Europe did not heed the call of the summit of the Non-Aligned Nations at Colombo, Sri Lanka, in 1976, which demanded debt moratoria and Western investment to develop the former colonial world.

The Transaqua Project: Making Africa Bloom  

An illustration of the type of massive development initiatives that should have been taken in Africa by the West—but were not—this 1991-92 report by the Italian company Bonifica, Iritecna, Gruppo IRI, was published in EIR in 1997.

Interviews

Wilhelm Hankel  

Professor Hankel was Secretary of State in the German Finance Ministry under Karl Schiller, and, for ten years, was the chief economist of the Kreditanstalt für Wiederaufbau. His most recent book is The Euro Lie and Other Economic Fairy Tales.

Editorial

The Source of the Pestilence: The WWF  

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