Volume 7, Number 18, May 13, 1980



From the Editor-in-Chief

by Daniel Sneider


Humor and a way out of the mess.

Dateline Mexico

by Josefina Menendez

Kennedy and the Virgin of Guadeloupe.

Middle East Report

by Robert Dreyfuss

Can OPEC be reunified?

Congressional Calendar

Campaign 1980

by Kathleen Murphy

Energy Insider

by William Engdahl

Will Carter use Iran to ration?

Facts Behind Terror

by Jeffrey Steinberg

The environmentalists look to Iran.


First Penn in Receivership, and There’s More To Come

by Richard Freeman

The leading bank in Philadelphia is the subject of the biggest bankruptcy proceeding in American history; the leading bank in Chicago is dumping executives as it teeters on the brink. With Paul Volcker at the helm, who can be sure that any institution is safe?

Argentina’s Friedmanite Bank Collapse

by Mark Sonnenblick

International Credit

by Peter Rush

Substitution Account killed.


by Susan B. Cohen

Pot and pesticides.

Foreign Exchange

by Richard Katz

The dollar’s deepening slide.

Corporate Strategy

by Leif Johnson

The end of the family car.

Trade Review

Construction: How Volcker Brought the House Down

by Lydia Schulman

Business Briefs

Special Report

The Aquarian Conspiracy’s Road to Orwell’s 1984

by Criton Zoakos

The New Left, international terrorism, the counterculture, the homosexuals, the proliferation of psychotropic drugs-these are not “sociological phenomena,” but carefully planned projects of the social-psychology research institutions. Their creators now publicly proclaim them all “a single movement.” Patiently and methodically, the population of the United States is being brainwashed.

Tavistock: ‘Mother’ of Planned Madness

How We Know What the Aquarians Are

Stanford Institute’s ‘Images of Man’

Crisis Management: Aquarius Goes Public

Interviews with Dr. William Whitsun of Novus, and Stanford’s Willis Harman.

The Difference Between Their Science and Ours

by Lyndon H. LaRouche, Jr.

Clearinghouse: The ‘New Age’ in Congress


The Iran Rescue Caper: The Wreckage of the Carter Administration

by Robert Dreyfuss

How the aborted U.S. “raid” was staged, and exactly why it failed, are not entirely clear. But it is clear that, with Cyrus Vance’s resignation and more to follow, what was left on the Iranian sands was the wreck of the present American government.

The Rescue Raid: Will Brzezinski Try It Once More?

The Fallout: Why Secretary Vance Resigned

The EEC Summit: Europe Resists Iran Caper Manipulation

The Kremlin: ‘The U.S. Is on the Brink of Madness’

The Press: Some Predictions and Post-Mortems

The Bogotá Affair: Why the Terrorists Were the Winners

by Cynthia Rush

International Intelligence


How EIR Knew Where Volcker Was Leading

by Vin Berg

What happens to an industrial superpower if you increase interest rates, reduce energy consumption levels, and inhibit exports? An audience of professional economists, businessmen, farmers and foreign embassy representatives in Washington were stunned as EIR’s Dr. Uwe Parpart, a designer of the LaRouche- Riemannian economic model, explained that America faced not only depression, but loss of the very capacity for recovery if the Volcker program plus “energy conservation” were continued for even 3-6 months more.

National News