Volume 19, Number 50, December 18, 1992
Interviews
Arturo Tolentino
by Lydia Cherry
A senator in the Philippines Congress, Mr. Tolentino is a member of the National People’s Coalition and a former minister of state for foreign affairs in the Ferdinand Marcos government. He is known as a leader of the anti-IMF faction in his country.
Book Reviews
From ‘October Surprise’ to Iraqgate: A Decade of Geopolitical Duplicity
by Edward Spannaus
Profits of War: Inside the Secret U.S-Israeli Arms Network, by An Ben-Menashe.
Departments
Andean Report
by Robyn Quijano
Venezuelans Democratically Reject CAP.
Report from Rio
by Silvia Palacios
Leftists Push “Proletarian Monetarism.”
Dateline Mexico
by Carlos Cota Meza
Narco-Terrorism on the Northern Border?
Editorial
Merry Christmas?
Economics
FDIC To Close Sick Banks, But Can’t Cope with Crisis
by John Hoefle
While everybody is talking about a “December Surprise” of post-election U.S. bank closings, the magnitude of the crisis is much greater than the authorities are willing to admit. The new bank capital guidelines, intended to close some bankrupt institutions before they fail, will do nothing to solve the problem.
‘Derivatives’ Devour the Financial Markets
by Anthony K. Wikrent
Philippines Congress Seeks To Reclaim Sovereignty from IMF
by Lydia Cherry
Facts Show that the IMF System Has Failed
by Lydia Cherry
An interview with Arturo Tolentino.
Currency Rates
Casino Gamblers Prey on Depression Collapse
by H. Graham Lowry
Business Briefs
Feature
Fresh Water Is Never Too Expensive
by Marcia Merry
Plentiful fresh water can be made available to every person on this planet—provided the commitment is there to apply advanced technology. In the latest installment of EIR’s series on infrastructure development, Marcia Merry shows how we can get the right quantities of water to the right place, at the right time.
Investigation
Virginia Cases Sought To Destroy LaRouche Movement
The current trial of five men charged with a plot to kidnap associates of Lyndon LaRouche, is only the most recent outrage by the “Get LaRouche” task force. One of the “Kidnapers, Inc.” defendants, former Virginia Sheriff’s Lt. Donald Moore, has been a major player in the Commonwealth of Virginia’s railroad prosecution of LaRouche supporters, which has so far meted out prison sentences of up to 77 years for “securities violations.”
International
Violence Sweeps India: Will the Nation Survive?
by Ramtanu Maitra
Reports from New Delhi on the crisis that erupted in Ayodhya, where a Hindu fundamentalist mob attacked a Muslim mosque and totally destroyed it. The government of Prime Minister Rao has moved swiftly to punish those responsible, but a lot more than that will be needed to preserve national unity.
‘Caring Imperialism’ Won’t Save Somalia from War and Famine
by Joseph Brewda
Russia Balks at International Monetary Fund Shock Therapy
by Konstantin George
Secret Serbian Plan for War on Macedonia
by Umberto Pascali
ADL’s Foxman Caught Destabilizing Latvia
by Mark Burdman
Mafia, Freemasons Plot To Break Up Italy
by Claudio Celani
WCC Renounces Concept of Man in the Image of God
by Mark Burdman
World Mobilization To Free LaRouche
International Intelligence
National
Clinton’s Economic Team: The Wrong Direction
by Kathleen Klenetsky
Wall Street is calling the shots, as the appointments of Lloyd Bentsen, Roger Altman, and others demonstrate they stand for free trade, deficit reduction, and austerity. It sounds like the Bush Administration, doesn’t it?
Bevel Vows: Pike Statue Will Come Down
Insurers Propose Universal Health Care
by Linda Everett
National News
