Volume 7, Number 6, February 12, 1980



From the Editor-in-Chief

by Daniel Sneider

Editorial Comment

by Nora Hamerman

No “Deaf Ear” to Fusion!

Energy Insider

by William Engdahl

Killing the Energy Future?

Congressional Calendar

by Barbara Dreyfuss and Susan Kokinda

The Facts Behind Terrorism

by Jeffrey Steinberg

British Aim Terrorism at Détente.


Carter’s Schachtian Budget Proposals

by David Goldman

Jimmy Carter’s official budget defines a deficit in the range of 15 billion. When “off-budget” spending is mentioned, the deficit is $91 billion. That’s almost unprecedented. Only one man ever faced a deficit of that size, and ever proposed to finance it the way Carter does-Hjalmar Schacht, finance minister to Adolf Hitler.

Domestic Credit

by Lydia Schulman

Bond Market Drop a Portent.


by Alice Roth

Will Gold Finance an Arms Buildup?

Foreign Exchange

by Richard Katz

International Credit

by Peter Rush

World Lending Shifts To Harsher Terms.

Trade Review

Business Briefs

Special Report

Giscard and Indira Gandhi: A New Alliance In World Politics

by Daniel Sneider

In a world on the brink of war, Indira Gandhi’s India is capable of leading developing nations into a strategic posture for peace, and into the modern world. French President Giscard visited India for an historic encounter with Mrs. Gandhi, and what emerged is the exemplar of a “north-south” alliance for peace and development. An in-depth portrait: Indo-French relations, India today, and India tomorrow.

I. A Historic Encounter

by Daniel Sneider

The joint communiqué, and François-Poncet’s report to the press.

II. The India of Today

by Paul Zykofsky

The Prime Minister, the economy, the nuclear program, and India’s export of technical know-how.

III. The India of Tomorrow

The energy, agricultural and manpower development programs that can make India the world’s leading industrial nation by the year 2025.


A Franco-German Summit: The Danger of Doublespeak

by Laurent Murawiec

The French president and the German chancellor met in Paris this past week, to undertake what is politely termed “appeasement.” They placated Washington, temporarily. But when the dust had settled around the final communiqué, all observers agreed: The French and Germans aren’t saying what they’re doing, and aren’t doing what they’re saying.

The Giscard-Schmidt Joint Communiqué

U.S.S.R.: Scientist’s Rise a Clue to Policy

by Rachel Douglas

Middle East: Can Abolhassan Bani-Sadr Rule Iran?

by Robert Dreyfuss

Bani-Sadr: A Terrorist with Credentials

International Intelligence


The CFR’s Election Plot Is Threatened by the New Hampshire Primary

by Konstantin George

The “fix is in,” as far as who is going to be the next president of the United States: Republican George Bush, provided that sure-loser Jimmy Carter wins the New Hampshire Democratic primary hands down. The only problem is, sure-loser Jimmy Carter may not win New Hampshire hands down; wild-card candidate Lyndon LaRouche is expected to make a very significant showing there, provided he stays alive.

‘We’re Going To Pull an Upset, and They’re Scared’

Political Assassinations: How They’re Pulled Off

by Lyndon H. LaRouche, Jr., Paul Goldstein, and Vin Berg

Why Kissinger gloated over JFK, how George Wallace was put out of the race, and how LaRouche could be.

National News