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Published: Monday, March 25, 2002
Today is:
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Volume 1, No. 3 |
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Behind these revelations, one must recall, lie the shambles of the U.S. physical economy, which has been systematically looted by the "free trade" and "globalization" regime of the past 37 years, and which is now taking down one corporate giant--GM, General Electric, Marconi, Philip Holzman--after another.
The other aspect of the "feet of clay" of the would-be Anglo-American monolith is the lightning-like spread of terrorism, and other forms of social unrest and disintegration, around the globe. As in the case of the Roman Empire, an imperial system does not create "order," but rather rules over a pandemonium of disorder, which is most conducive to its continued hegemony. Indeed, the acceleration of this disorder leads to the imposition of greater and greater dictatorial means from the top.
More. . .
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An Empire with Feet of Clay
The bombast of imperial ultimatums filled the air this week, as spokesmen for the Anglo-American heirs of H.G. Wells, and President George W. Bush himself, brandished one threat after another against nations around the world, if they don't kowtow to the "war on terrorism." But no assessment of the strategic situation is possible without looking as well at the weak and dirty underside of this drive for an "American imperium," which also made itself dramatically visible.
Most notable was the testimony of the chiefs of the U.S. Pacific and European Commands before the House Armed Services Committee on March 21, in which they made clear that they don't have the capability of carrying out the missions they've already been committed to, much less the planned military action against Iraq. These military leaders were seconded later in the week by others.
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ECONOMICS
U.S. Trade Deficit Grows, Despite Collapse of Imports
Securities and Exchange Commission Still Protecting U.S. Housing Bubble
IMF Sees Some Big Risks to World 'Recovery'
The Philippines May End Current Program Under IMF
Malaysian Prime Minister Seeks Cooperation in Russia and Europe
Egyptian Company Plans Largest Ever Investment in Russia's Aerospace Industry
Germany's Premier Construction Firm Files for Bankruptcy
This Week's Collapse in the U.S. Physical Economy
U.S. Steelworkers Pledge To Fight for Health Benefits
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FLASH!
Lyndon LaRouche Holds Meetings in Milan
American economist and Democratic Party Presidential pre-candidate Lyndon LaRouche held public meetings, and met with Italian legislators and businessmen, in Milan, Italy March 21-22.
more...
IBERO-AMERICAN NEWS DIGEST
Lima Bombing Underscores That LaRouche Was Right
Assassination of Colombian Archbishop Shakes the Country
U.S. Government Indicts FARC Members for Drug-Trafficking
LaRouche Associate in Colombia Endorses Gen. Bedoya
Peruvian Daily Prints EIR Column on Narcoterror and Bankers
Bush Says 'No, No, No, No' to Sending Troops to Colombia
Monterrey 'Development' Conference Means No Such Thing
Argentina Is Bowing Down Before the IMF Again
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March 25-March 31, 1933
This is the week that President Franklin Delano Roosevelt introduced two landmark pieces of emergency legislation: first, the Federal Emergency Relief Administration (FERA), and second, the Securities Bill of 1933. Both were baby steps toward the policies of protecting the general welfare which FDR's Administration ultimately fashioned, in that they inserted the Federal government into the process of providing emergency relief (in the case of the FERA), and of supervising the banking industry (in the case of the Securities Act), without providing any enforceable standards, or entitlements.
The FERA was devised to address the fact that local governments had literally run out of money to aid the unemployed, and the destitute. It was intended to provide a pool of money$500 million, to be precisethat could be disbursed in relief grants to states. In addition, it gave the Federal Relief Administrator, who would be New York's Henry Hopkins, broad supervisory power over the states' use of the grantsa provision that caused a total uproar among those who were still crazy enough to think that the Federal government didn't have to take charge of bringing the country out of depression.
more
Back Issues:
Volume 1, Number 1
Volume 1, Number 2
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