Volume 7, Number 16, April 22, 1980



From the Editor-in-Chief

by Daniel Sneider


by Nora Hamerman

An evil omen.

Dateline Mexico

by Josefina Menendez

The church goes political.

Middle East Report

by Robert Dreyfuss

Iraq poised to knock out Khomeini.

Energy Insider

by William Engdahl

Civil disobedience at the DOE.

Congressional Calendar

by Barbara Dreyfuss and Susan Kokinda

Facts Behind Terrorism

by Jeffrey Steinberg

Hare Krishna: from cult to terrorism.


Carter Has Produced Hyperinflationary Recession

by David Goldman

Judging by the 1974-75 recession, some are saying interest rates have “peaked.” But this recession is different, because the U.S. economy in 1980 is different. For six months, it has been in the same condition as Schacht’s pre-1936 Nazi economy–and now verges on a Germany 1936-38-style breakdown.

International Credit

by Peter Rush

Japan’s “resource finance.”

Foreign Exchange


by Steven Parsons

Rail dereg: a defense need?


by Susan B. Cohen

Can the cattlemen afford cattle?


Carter makes trade war his policy.

Trade Review

Business Briefs

Special Report

Planning Crises: From Nuclear Disaster to Nuclear War

by Konstantin George

It simulated a “nuclear disaster” one year ago, and a “nuclear war” two weeks ago. Now, the Federal Emergency Management Agency is ready to take over the U.S. government and reorganize the U.S. economy on fascist models-and it’s perfectly positioned to create the “crisis” that triggers its dictatorship.

What is FEMA?

‘Evacuating All, Allocating All’

Exclusive interview with Gen. Frank Camm.

How FEMA Ran the Scare at Three Mile Island

Agency Insider: ‘The Colonels Will Run the Cabinet’

Plus how FEMA ran New York City’s transit strike.

Who Is FEMA’s John Macy?

‘We’re Getting The City Ready For Much Worse’

A Fascist Economy with ‘Limited Sovereignty’

by Kathy Burdman

How FEMA would take over in a banking crisis.


Will the Soviet Union Occupy Sinkiang next?

by Lyndon H. LaRouche, Jr.

Lyndon LaRouche said in 1976 that world war was probable if Jimmy Carter was elected president. Last Spring, he predicted a Soviet invasion of Afghanistan if the Carter administration did not change policy course. He now reports that Soviet occupation of the western dessert region of China is probable, because the Carter administration has not changed course.

Iran Crisis: ‘Reichstag Fire’ and Blackmail of Europe

by Robert Dreyfuss

West Germany Pressured To Join in War Policy

by Rachel Douglas

“Germany Is Not America’s Shepherd Dog” – Schmidt: “Superpowers Are Moving Toward War.”

Japan Wants Mexican Oil: Will It Get It?

by Tim Rush

Including U.S., Mexican, and Japanese policy statements.

Mexico: No to ‘Pacific Community’

by Valerie Rush

Military Strategy: British Defense Policy: Aura of Power

by Susan Welsh

Britain’s Chinese Mentality

International Intelligence


Opposition Mounts to Volcker’s Austerity

by Marcia Merry Pepper and Bonnie Mesaros

In the cities, in state legislatures, in trade unions and on the farms, a rising tide of protest is directed at Paul Volcker’s credit policies. If this dispersed ferment unites around its own, alternative program, the administration could be in trouble.

When Will America’s Lights Go Out?

by Marsha Freeman

A special report on the status of the U.S. electrical grid by energy columnist Marsha Freeman.

National News