Volume 8, Number 31, August 11, 1981
Departments
Interview
by Stanley Ezrol
Commerce Undersecretary Lionel Olmer.
Dateline Mexico
by Josefina Menéndez
The private sector, then and now.
Middle East Report
by Robert Dreyfuss
Iranian S.S.R.?
Law
by Mary Jane Freeman
The Pratt ruling on Abscam: a travesty.
Congressional Closeup
by Barbara Dreyfuss and Susan Kokinda
Energy Insider
by William Engdahl
The Administration’s new energy plan.
Economics
U.S. and Germany To Buck the IMF?
by David Goldman
In the current struggle over liquidity, the IMF wants to drain the advanced sector to finance Third World debt. In Washington, congressmen are getting serious about cutting interest rates instead.
‘War Communism’ Austerity Follows Poland’s Choice of New Leadership
by Rachel Douglas
Rachel Douglas on the depth of economic calamity, the debt negotiations, and the new Politburo members in charge of it all.
Currency Rates
Domestic Credit
by Richard Freeman
Pull down the U.S. to build up London.
Foreign Exchange
by David Goldman
Bundesbank fears dollar collapse.
Banking
by Kathy Burdman
A proliferation of hundred-dollar bills.
World Trade
by Mark Sonnenblick
Business Briefs
Special Report
From Dollar Bankruptcy to Breakdown
by David Goldman
David Goldman documents how Paul Volcker, running John Connally’s Treasury, took the dollar off gold in 1971, fueled the trillion dollar Euromarket, and thus generated chronic inflation. The dogmas persist that allowed the Aug. 15 debacle.
A Shortcut to International Monetary Catastrophe
by David Goldman
The current situation: the monetary situation is in deficit to itself. David Goldman describes why new crises cannot be “managed.”
Two Tracks in Postwar Policy
by Lyndon H. LaRouche, Jr. and David Goldman
The Rueff/LaRouche approach versus monetarism: excerpts from The Ugly Truth About Milton Friedman.
The Record on Economic Crisis Predictions
International
Principles of Statecraft for a New ‘North-South’ Policy
by Lyndon H. LaRouche, Jr.
Lyndon LaRouche’s assertion of the economic necessity, and political possibility, of a Hamiltonian lease on life for the underdeveloped sector.
Middle East On Fire Once More
by Judith Wyer
Behind the breakdown of the Lebanon ceasefire and Haig’s ouster of the U.S. Ambassador to Saudi Arabia.
How Long Will Begin Remain in Power?
by Nancy Coker
Development Is Now Under Siege in Nigeria
by Douglas DeGroot and Mary Brannan
By British networks.
Nicaragua: Counterrevolution by September?
by Gretchen Small
International Intelligence
National
The Lesson of Nazi Jet Aircraft Development
by Lyndon H. LaRouche, Jr.
At Peenemünde, Hitler exploited the Göttingen heritage; the Pentagon lacks that option four decades later, but, writes LaRouche, the Western population has no greater immunity to evil leadership than the Germans did.
Documentation: Interviews with British Air Vice-Marshal Stewart Menaul, with a DOD spokesman, and with an intelligence community critic of the “limited nuclear warfare” doctrine.
Traditional Democrats Challenge Volcker, Socialist International
by Warren Hamerman
An interview with NDPC chairman Warren Hamerman on the party’s national leadership and the state-level situation.
Reagangate Threat Contained, for Now
by Jeffrey Steinberg
The Casey scandal is not over.
National News
