Volume 7, Number 34, September 2, 1980



Dateline Mexico

by Josefina Menendez

Straws in the wind for 1982.

Middle East Report

by Robert Dreyfuss

Mossad faction plans Iranian pogrom.

Energy Insider

by William Engdahl

Tarheels take on Bob Bergland.

Campaign 1980

by Kathleen Murphy

Congressional Calendar

by Barbara Dreyfuss and Susan Kokinda


Incompetence and miscalculation.


Business Briefs

Planning for the End of OPEC

by David Goldman

Bankers and think tanks are projecting 1985 oil supplies on the basis of a “catastrophe” in Saudi Arabia.

Corporate Sector Liquidity Squeeze

by Richard Freeman

This year’s profit collapse runs head-on into borrowing problems for cash-strapped business.

Foreign Exchange

by David Goldman

DM revaluation rumors premature.

International Credit

by Renée Sigerson

World Bank presses “delinkage.”


by Alice Roth

The Laffer plan.

Trade Review

Dryland Farm Plan Threatens Western States

by Susan B. Cohen

Opponents of water development in the region are using the drought as a springboard for ending “expensive” irrigation.

Special Report

The U.S. Recession: Why the EIR Model Beat Wall Street’s 1980 Predictions

by David Goldman

A blow-by-blow comparison of our LaRouche-Riemann forecasts with those of our competitors, and the divergent reasoning behind them.

Book Review: The Wrong Way To Achieve High Capital Formation

A review of recent studies advocating a cut on household incomes to boost productivity.

Austerity Leads to ‘Double-Dip’ 1981 Collapse

If current plans proceed, reduced U.S. living standards will boost the economy’s overall profit, briefly. Then the decline sharply resumes.


International Intelligence

The Policy Choices That Confront the Kremlin

by Criton Zoakos

Criton Zoakos introduces a special feature on Soviet military, economic, and foreign policy deliberations.

Détente Under Soviet Debate

by Rachel Douglas

The pressures on Moscow’s leadership to reverse gears.

Party Spokesmen Defend Brezhnev

by Rachel Douglas

An extensive overview of the foreign-policy battle.

Soviet Economic Revolution?

by Clifford Gaddy

Genuinely scientific planning is proposed for the first time.

Soviet Doctrine Is ‘Total War’

by Susan Welsh

U.S.S.R. military planners firmly oppose limited nuclear confrontation strategies.

Documentation: excerpts from statements by leading Soviet military officials.

Washington, IMF Legitimize Bolivia’s Drug Economy

by Cynthia Rush

Cocaine Routes for the Western Hemisphere

Destroying Britain’s Workforce

by Susan Welsh

The ‘Bonkers’ Sir Keith Joseph


National News

China Poses a Test for Reagan’s Asia Posture

by Peter Ennis

George Bush was imperiously dictated to during his Peking visit. Will the GOP, and the U.S. as a whole, accept China’s flaunting of the “America card”?

Terrorist Threat over New York: The Background Elements

A dossier assembled by the editors of EIR’s special Investigative Leads counterterrorist newsletter. The Iranian student demonstrators, Yippies and Jewish Defense Leaguers surrounding the Democratic convention were ready for assassination attempts if Democratic contender Lyndon LaRouche had been nominated on the convention floor; this report maps their controllers and the controllers’ motivations.