Volume 8, Number 30, August 4, 1981




by Stanley Ezrol

Norman Ture muses about an industrial recovery under Reagan.

Science & Technology

by Marsha Freeman

New lobbying push for MHD program.

Middle East Report

by Robert Dreyfuss

Sir Harold Beeley’s U.S. tour.

Dateline Mexico

by Josefina Menéndez

Tension at U.S.-Mexico business meeting.

Congressional Closeup

by Barbara Dreyfuss and Susan Kokinda

Energy Insider

by William Engdahl

A not-so-strange dispute.


Group of Seven Hands Over Policy to the Central Banks

by David Goldman

At Ottawa, Western governments abandoned their economic sovereignty to the BIS, IMF, and OECD, who are as incompetent in the event of crisis as they are malevolent.

Domestic Credit

by Richard Freeman

Tracking the money supply.

International Credit

by Renée Sigerson

Central banks send out alarm signals.


by Montresor

Those who know, accumulate.


by Susan B. Cohen

U.S Soviet farm trade at standstill.

World Trade

by Mark Sonnenblick

Currency Rates

Business Briefs

Special Report

U.S. Defense Policy: Back to Schlesinger’s Aura of Power

by Criton Zoakos

The Weinberger “secret guidance” amounts to the old doctrines of limited nuclear war-plus a growing tendency toward first-strike bluff, writes Criton Zoakos.

Documentation: What the U.S.S.R.’s Military Leaders Are Saying About War and Warfare

by Rachel Douglas

Free Naval Policy from Geopolitics

by Lyndon H. LaRouche, Jr.

Sea power illustrates the principles of logistics, personnel, and strategic preparedness elaborated almost 200 years ago and scrapped by the U.S. in the McNamara era.

Has the Pentagon Been Brainwashed?

by Lonnie Wolfe

How the “Delphic” technique has been used to convince the Joint Chiefs and NSC that the U.S.S.R. will confine itself to playing games.


Who Lost at the Summit: Schmidt ... and Reagan

by Vivian Zoakos

Will Washington Finally Halt Israel’s War Rampage in Lebanon?

by Nancy Coker

New Arab Moves Toward Moscow

by Judith Wyer

Propelled by Washington.

Documentation: Two Jordanian statements.

López Portillo Charges International Conspiracy Against Mexican Peso

by Dennis Small

Documentation: The accusations, and the New York financial press.

How Currency Warfare Worked in 1976

Two Case Studies in Press ‘Terrorism’

The Scenario for a New ‘Cristero Revolt’

A second flank.

Documentation: Statements by the Wall Street Journal and Father Theodore Hesburgh’s aide.

The Italian P-2 Socialists Launch a Counteroffensive Against the Judiciary

by Umberto Pascali

Mitterrand Clinches National Socialism

by Dana Sloan

DOS Backs Peking’s Cambodia Plan

by Ramtanu Maitra

International Intelligence


The Trilateral Commission’s Rapid End to Democracy

by Lyndon H. LaRouche, Jr.

Demystifying exactly what kind of “one world” the Trilaterals believe in, and how they intend to achieve it.

Leftists Try Coup in California Party

by Warren Hamerman

Would-be “Robespierre” Democrats and Warren Hamerman’s commentary on their political vulnerabilities.

Winpisinger on the Jacobin Gameplan

The machinists’ union chief, a social-democratic spokesman, discusses mass insurgency, defense cuts, and avoidance of the Volcker issue.

Growth Plan Could Revive a Crucial Industrial Belt

by Laurence Hecht

The Pittsburgh-Cleveland waterway project and its implications for transport and heavy industry.

National News