Volume 7, Number 15, April 15, 1980



From the Editor-in-Chief

by Daniel Sneider


by Nora Hamerman

Deregulation is economic warfare.

Dateline Mexico

by Josefina Menendez

“A most inopportune visit.”

Science & Technology

by Dr. Morris Levitt

The Soviets’ ambitious nuclear program.

Campaign 1980

by Kathleen Murphy

Congressional Calendar

by Barbara Dreyfuss and Susan Kokinda

Facts Behind Terrorism

by Jeffrey Steinberg

Rebuilding the Black Liberation Army.


U.S. Unemployment: It’s Approaching Double Digits

by Lydia Schulman

Paul Volcker’s high-interest, low credit strangulation of American industry is not only sending inflation toward hyperinflation, but now, unemployment, too, is approaching depression levels. Most of it, moreover, is concentrated in the industries that are America’s economic foundation.

Domestic Credit

by Lydia Schulman

The Fed’s dilemma.


by Alice Roth

Mr. Hunt was pushed.

Foreign Exchange

by Richard Katz

The dollar’s new decline.


by Susan B. Cohen

Carter planning dairy deregulation?

Trade Review

Business Briefs

Special Report

Trilaterals in London: Pushing the World to the Brink

by Christopher White, Robert Dreyfuss, Gretchen Small, and Dennis Small

Meeting in London the last week in March, the elite Trilateral Commission set forth Anglo-American policy in the face of global political and economic crises: fascism in the advanced sector, and genocide in the underdeveloped sector.

I. The Trilateraloids Speak

Miyazawa and Bertram on sacrificing national interests and projecting military power.

II. The Chosen Regional ‘Hot Spots’

by Robert Dreyfuss, Douglas DeGroot and Gretchen Small

Destabilizations in the Mideast, Africa and the Caribbean lower the threshold for general war.

III. Brandt’s Subcommission

by Dennis Small

Behind Jamaica’s “break” with the IMF is a plan to use a “world development fund” to make the world a “global village”. Included: the speech of Sir Shridath Ramphal.


Soviets Make Ready for U.S. ‘Sneak Attack’

by Rachel Douglas

In Moscow’s view, the “incalculable” Trilateral Commission administration in Washington could provoke world war at any time. All published commentaries on political events are written from the military standpoint, and there is clearly very little in the way of U.S. foreign policy adventures the Kremlin is inclined to tolerate.

Italy: Aldo Moro’s Enemies Take Over the Government

by Muriel Mirak

An on the scene report from Muriel Mirak: how Washington and London have produced the most disgraceful governing coalition in Italy’s post-war history.

Why the Carter Administration Is So ‘Incalculable’

by Criton Zoakos

EIR-FEF India Conference Draws World Attention

by Daniel Sneider

Pentagon Claims Development of New ‘Miracle Weapon’

by Susan Welsh

It’s an anti-tank missile, useful in the kind of war that will never be fought.

International Intelligence


U.S. Losing $600 Billion on the Middle East Market

by Judith Wyer

The Persian Gulf nations will offer about $600 billion in development contracts over the next five years. While Washington continues to constrain U.S. business abroad, Europe, Japan, and South Korea will win the contracts and with them billions of recycled petrodollars.

The Contracts and Their Petrodollar Link – America’s Competitors in the Gulf Market – The Eximbank: Just a “Candy Store”?

National News