Volume 36, Number 1, January 9, 2009
2007 Was Already a Year of World Crisis: How Russia Was Surprised
by Lyndon H. LaRouche, Jr.
The subject of this report is the immediate fate of humanity as a whole, “whose favorable outcome will depend significantly on Russia’s participation in its urgently needed, but corrected view of the present global situation. If the world is to avoid a presently threatened dive into a prolonged, planet-wide, ‘new dark age’ of all humanity, four leading nations—the U.S.A., Russia, China, and India—must act soon, in concert, to bring into being a new, global system of virtually all nations into a system of antiimperialist cooperation among sovereign nation-states. Russia’s playing its part in this four-power initiative, is of crucial importance for the nations as a whole. In this report, the emphasis upon Russia, is made accordingly.”
Marx on Smith, Free Trade
Feature
Why the Academicians Have Usually Failed in Economics
by Lyndon H. LaRouche, Jr.
“One senses an approaching moment, like that silence heard by those either in the life-boats, or swimming in the chilling Atlantic ocean waters, in that moment when the S.S. Titanic had vanished under the waves,” LaRouche writes. Why then do academic and other economists insist upon denying the reality of LaRouche’s July 25, 2007 forecast? “The incompetence of my academic rivals’ failure as forecasters,” LaRouche continues, “lies presently in the way in which they define the subject itself. They have employed a method of forecasting which might be compared to the zeal of a passenger searching to upgrade his stateroom assignment on a sinking ship.”
Economics
Lesson of 2008: If You Want To Survive, Listen to LaRouche
by John Hoefle
The past year was one in which denial and delusion battled vainly against the relentless assault of reality. We entered the year with assurances that all was under control, and exited the year deep into an ever-expanding, yet failing, bailout.
Is the Whole World Financial System One Big Madoff Swindle?
by Helga Zepp-LaRouche
In Europe as in the United States, the “experts” are reaching for new bailouts, new schemes to save the bankrupt system. All attempt to prop up the banks and hedge funds, at the expense of the population, and none of them will work.
International
Gaza Attack: A Preemptive Strike Against Peace
by Jeffrey Steinberg
Lyndon LaRouche denounced the Israeli invasion of Gaza as an “act of supreme insanity” that could lead to the destruction of Israel altogether.
Message to President-Elect Obama: Beware of British Pitfall in Sudan
by Lawrence K. Freeman
Afghan Opium and Terror in South Asia
by Ramtanu Maitra
While drug-runner Dawood Ibrahim’s involvement in the Mumbai massacre has been tossed about in the media, investigators are ignoring the drug angle itself. Is this deliberate, in order to abort the investigation?
International Intelligence
National
End the Bailouts! New ‘Pecora Hearings’ Now! GMAC ‘Bank’ Deal Is Blackmail
by Paul Gallagher
Lyndon LaRouche called for immediate Congressional hearings, along the lines of the 1932-34 Pecora Commission, to investigate the swindles that have triggered the greatest financial breakdown crisis in history.
Tell the Bankers: ‘Straighten Up Your Pecker, Face Reality’
Use the FDR model, and put Wall Street in the dock.
Lincoln Bicentennial
Re-creating the Republic: How Lincoln Organized Victory for the Union
by H. Graham Lowry
A reprint of an article by the late historian H. Graham Lowry, in celebration of the 200th anniversary of Abraham Lincoln’s birthday on Feb. 12, 1809.
On the Declaration of Independence
Departments
Herd on the Street
by Les Swift
The Auto Bailout Explained.
Book Reviews
Sachs Qualifies for Nobel Prize: He’s Reached That Level of Incompetence!
by Nancy Spannaus
Common Wealth: Economics for a Crowded Planet, by Jeffrey D. Sachs.
Editorial
America Versus Britain: On Economics
