EIR Volume 26, Number 42, October 22, 1999

Volume 26, Number 42, October 22, 1999

Full Issue:

Interviews

Dr. Sa’adoon Hammadi

Dr. Hammadi is the Speaker of the Iraqi National Assembly (Parliament), and he has served as Iraqi Prime Minister and Minister of Foreign Affairs.

Departments

Africa Report

by Linda de Hoyos

Congolese protest annexation.

Book Reviews

John Quincy Adams and Henry Carey refute candidate Pat Buchanan

by Nancy Spannaus

A Republic, Not an Empire: Reclaiming America’s Destiny, by Patrick J. Buchanan.

Economics

‘Gold carry trade’ losses threaten global meltdown

by William Engdahl

Speculators who have been taking a “short” position on the price of gold are now losing their shirts, in the wake of the decision by 15 European central banks to reaffirm the monetary role of gold.

Why the International Monetary Fund and Al Gore must surely fail

by Gail G. Billington

For the past 25 months, Malaysia’s Prime Minister Dr. Mahathir bin Mohamad has carried out singular combat against the widely accepted fraud that the “reform” policies of the IMF have anything whatsoever to do with restoring economic health to sovereign nations.

Mahathir in Zimbabwe: lessons for recovery

by Mahathir bin Mohamad

Prime Minister Mahathir’s speech to the South African International Dialogue ’99 Smart Partnership dinner, in Zimbabwe, on Oct. 4.

Dr. Mahathir warnsWest on East Timor

From Dr. Mahathir guest appearance on PBS-TV’s “Charlie Rose Show” interview program.

Where does Caspian Sea oil flow?

by Yang Shu and Li Yan

A guest commentary by Prof. Yang Shu and Li Yan of Lanzhou University, Lanzhou, Gansu Province, People’s Republic of China.

‘Post-crash’ asset-grabs continue at record pace

by John Hoefle

Korea refuses Daewoo foreign creditors

by Kathy Wolfe

Business Briefs

Feature

Tony Blair’s ‘Third Way’ crashes, as reality strikes

by Muriel Mirak-Weissbach

The Third Way is doomed. The entire corpus of neo-liberal, market-economy policies has been proven utterly bankrupt. Financial markets are headed for a crash, employment levels are plummeting along with living standards, social infrastructure has been gutted, health, pensions, and education funds are being looted in the name of austerity—and populations are in a state of revolt.

‘Third Way’ derailed in Great Britain

by Mark Burdman

Said one Scottish observer: “Those of us who voted for Blair in 1997, as I did, now see that we bought into a fraud.... We have run-down schools, hopeless transport and infrastructure, universities being ripped apart, and meanwhile, a small elite making a lot of money. It’s all rather sinister, and ... it will come to a head soon.”

Rail privatization led to London crash

by Richard Freeman

Blame for the Oct. 5 rail crash in London lies squarely with Prime Minister Tony Blair and his predecessor Margaret Thatcher.

Tony Blair’s star is falling in Germany

by Rainer Apel

Those who want to imitate Tony Blair’s “New Labour” by creating a “New SPD,” have a problem: A string of German Social Democratic Party election defeats because of such insane policies.

French Socialists inch toward regulation

by Christine Bierre

It remains to be seen whether calls for some kind of reregulation of the financial and economic system will go beyond rhetoric.

The Devil’s triangle: Bush, Gore, and ‘Dirty Dick’ Morris

by Michele Steinberg

Moves by George W. Bush in recent weeks reveal that his policies are a mirror image of the “Third Way/triangulation” policies that have doomed Vice President Al Gore’s bid for the Presidency.

International

Queen’s Australian toadies provoke war in East Timor

by Allen Douglas

The Australian-led International Force for East Timor (Interfet) shot and killed one Indonesian policeman and wounded three others, as both sides made plans to rush thousands of troops to the border of East and West Timor.

Indian elections promote stability

by Ramtanu Maitra

The strategic implications of Dagestan

by Lyndon H. LaRouche, Jr.

A memorandum by Lyndon H. LaRouche, Jr. published in the periodical Rossiyskoye Analiticheskoye Obozreniye (Russian Analytical Review).

There is no basis for maintaining the UN sanctions against Iraq

An interview with Dr. Sa’adoon Hammadi.

The oligarchy wants Fox as the next, and last, President of Mexico

A statement by the Ibero-American Solidarity Movement of Mexico.

International Intelligence

National

AFL-CIO’s endorsement of Gore: a Pyrrhic victory

by Stu Rosenblatt

Using a brazen display of threats and intimidation, the Department of Justice and other friends of Al Gore and GeorgeW. Bush steamrolled a divided and confused AFL-CIO National Convention to endorse Al Gore for the Democratic Presidential nomination. But, it won’t revive Gore’s campaign.

LaRouche press conference: ‘It’s time for a revolution in politics’