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Volume 7, Number 49, December 16, 1980

Cover of EIR Volume 7, Number 49, December 16, 1980

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Congress must control the Fed.

Middle East Report  

by Robert Dreyfuss

Why Begin stays in power.

Dateline Mexico  

by Josefina Menendez

Is Hank the most popular candidate?

Energy Insider  

by William Engdahl

The Halbouty report on energy: recommending a growth perspective.

Science & Technology  

by Vin Berg

CT scanner cuts total medical costs.


Thrift Institutions Fight for Their Lives  

by Kathy Burdman

A report on the annual convention of the U.S. Savings League.

Documentation: Three interviews with League officials.

International Credit  

by Renée Sigerson

IMF sidesteps U.S. Congress.

Domestic Credit  

by Richard Freeman

Volcker goes for broke.


by Alice Roth

Reagan’s choice: Friedman or Rueff.


by Susan B. Cohen

Pension funds making a land grab?

World Trade  

by Mark Sonnenblick

The Northeast Drought Hoax  

by Leif Johnson

While the New York Times twists the rainfall figures, the crisis managers are standing by.

Business Briefs  

Special Report

Selling America’s Cities on the Black Market  

by David Goldman

An introduction on free banking zones by David Goldman.

Laundering Offshore Funds Onshore  

by Kathy Burdman

How hot, and dirty, money would flow through the zones.

What Are International Banking Facilities?  

The Economic Future under Free-Zone Banking  

Real Estate: Buying Cities Cheap ... with Drug Revenues  

by Lydia Schulman and David Goldman

An extract from an extraordinary January 1981 War on Drugs exposé of the biggest real-estate speculators.

‘Hong Kong’ Model for Housing and Jobs  

by L. Wolfe

How Heritage Sells the Enterprise Zone Plan  

Columbia’s Savas on ‘The Free Market’  

Indexing Mortgages To End Rent Control?  

New York State Ends Usury Ceilings  

The New Battle Over Rent-Control Policy  


Soviet Moves in Poland Hinge on Economic Policy  

by Vivian Zoakos

The Arab League Summit  

Economic and diplomatic results.

Documentation: Excerpts from the final communiqué.

Syria’s Assad Backs Himself into a Corner  

by Robert Dreyfuss

Oil Crisis Neutralized?  

by Judith Wyer

Italy: Socialist Leader Craxi Attempts To Exploit the Earthquake Crisis  

by Mary Sonnenblick

Dortmund Fights Deindustrialization  

by Luba George

A report on West Germany’s Ruhr.

Right-left Setup for Reagan on Mexico’s Southern Border  

by Dennis Small

A report on El Salvador.

Documentation: Excerpts from a Carter Administration advisory document.

International Intelligence  


House Majority Leader: Volcker Bankrupting U.S.  

by Barbara Dreyfuss

Democrats Jim Wright, Bill Alexander, and others have issued unprecedented blasts at the Federal Reserve and its policy.

Documentation: Excerpts from statements on the floor of the House of Representatives Dec. 13, and policy attacks from other leading Democrats.

Profiles: Caspar Weinberger and Alexander Haig  

by Kathleen Murphy

Kathleen Murphy describes how these two aspiring cabinet members earned respective monickers, “The Knife” and “The Paperclip.”

National News  

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