..Larouche Online Almanac
Volume 6, Issue Number 12
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In This Issue:
Tuesday, Mar. 20, 2007..
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Latest EIR (PDF)
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In-Depth Coverage

Current News Digests

LYM Economic Science Work

Current EIR Cover...Click to view the entire issue as a PDF file. (Subscription required)
U.S. Mortgage Crisis Can Trigger Collapse of the Global Casino
by Richard Freeman
The accelerating meltdown of the $1.2 trillion U.S. subprime mortgage market has triggered the loss of over a half-trillion dollars on world stock markets in the first two weeks of March; obliterated New Century Financial, the second-largest subprime mortgage lender; paralyzed the market for mortgage derivatives, threatening the $600 trillion world derivatives market; caused tens of billions of dollars of losses on hedge and mutual funds; and spread contagion to Alt-A and prime-grade mortgages, which will disintegrate the $10.2 trillion U.S. mortgage market, itself one-quarter of all U.S. credit outstanding. The way in which this meltdown--combined with the unwinding of the yen carry trade--is now occurring, makes it manifestly clear that this disintegration was not ``pre-discounted'' by any market forces nor any government action. Lyndon LaRouche was the only economist who foresaw it....
...complete article, PDF

This Week, You Need To Know

Climate Campaign Is a Diversion; Real Danger Is Financial Meltdown
by Helga Zepp-LaRouche

The author is the chairwoman of the Civil Rights Solidarity Movement (BüSo) in Germany. This article has been translated from German.

Welt online demands a "leader of the world."

While this panic-mongering affects the short-term memory of the citizen ("I was just in the Alps, where there was really no snow!"), on account of the fact that the very cold Winter and snow-catastrophe of last year has already been forgotten, the real drama is playing out on another stage. The disintegration of the global financial system, which has now convulsed various sections of the markets as a result of the unwinding of the yen carry trade, is unstoppable....
...complete article, PDF

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This Week's News Updates

Feature

U.S. Mortgage Crisis Can Trigger Collapse of the Global Casino
The accelerating meltdown of the $1.2 trillion U.S. subprime mortgage market reflects the reality only Lyndon LaRouche has emphasized: 'The entire financial system is coming down.'

38 Mortgage Lenders Who Are Bankrupt, or Ceased Operations

How the Now-Bursting Bubble Was Created

Loudoun County Waits For Next Shoe to Drop


Economics

Gore Climate Change Swindle Exposed on European Tour
Gore's real mission, as his speeches in Copenhagen and Edinburgh showed, is to let the London locusts loose on what remains of the world economy.

Climate Campaign Is a Diversion; Real Danger Is Financial Meltdown
by Helga Zepp-LaRouche,

chairwoman of the Civil Rights Solidarity Movement (Bu¨So) in Germany.

Changing World Map for Nuclear Fuel
The worldwide drive to reinvigorate the nuclear power industry is creating an enormous demand for uranium, and a scurrying by nations like Russia and China to secure supplies for the long term.

Towards a New Central Europe
Yuri Tsarik, coordinator of the World Development Network and a student at Belarus State University, tells how the European Union has betrayed the hopes of people in Eastern Europe, and offers a more optimistic view for the future.


National

High Crimes and Misdemeanors Propel Double Impeachment
Without warning, the Bush-Cheney White House is once again overwhelmed by new evidence of crimes by both the President and Vice-President that could lead to impeachment.

With Congress in Tow, AIPAC Targets Iran

What Is AIPAC?

EIR's Gore Dossier
Highlights of EIR's more than 15 years of investigative reporting on the philosophy, political connections, and activities of Albert Gore, Jr.

The Wyly Coyotes of the Global Warming Hoax

Walter Reed Review Moves Quickly Ahead

Funding Slashed for Life-saving Imaging
The Deficit Reduction Act of 2006, passed by the then-Republican controlled Congress, reduces Medicare reimbursement for imaging technologies, threatening to turn the clock back on one of the most important breakthrough areas in the history of medicine.

Nuclear Medicine: Why The U.S. Lags Behind

National News


International

Can Arabs Stop Cheney's Drive for World War III?
The crucial strategic reality that must be dealt with is that the BushCheney war party is targetting Russia, China, and India, not just Iran.

LaRouche: I Defend President Jimmy Carter

Carter: Time for Israel To Comply With International Law

German LYM Brings in 'New Politics'
The deployment of the LaRouche Youth Movement behind the campaign of Wiesbaden mayoral candidate Alexander Hartmann, palpably changed the political environment.

Arab World Needs 'New Politics' in U.S.
Muriel Mirak-Weissbach reports on a visit to Egypt.

U.S. 'Surge' in Iraq Is To Prepare Attack on Iran
An interview with Gen. Mahmoud Khallaf (ret.).

Pakistan Plans To Bury NATO in Afghanistan

Zimbabwe Ambassador: Africa Shows How Globalization Equals Imperialism
Dr. Machivenyika J. Mapuranga is the Ambassador from Zimbabwe to the United States. He was interviewed on The LaRouche Show.

International Intelligence


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