Volume 8, Number 35, September 8, 1981



Art Investor

by Dr. D. Stephen Pepper

A resourceful museum exhibit.


by Criton Zoakos

Cardinal Krol, Archbishop of Philadelphia.

Report from Italy

by Leonardo Servadio and Umberto Pascali

Alexander Haig and the new Mussolini.

Report from Paris

by Katherine Kanter and Sophie Tanapura

Mitterrand and Article 16.

Dateline Mexico

by Josefina Menéndez

Mexico and the U.S. strategic reserve.

Middle East Report

by Robert Dreyfuss

No Amman is an island.

Energy Insider

by William Engdahl

Natural gas: the Gordian Knot.


Who Prearranged the U.S. Budget-Deficit Blowout?

by Kathy Burdman and David Goldman

We predicted it; other insiders knew about it; the IMF is using it to obtain further austerity. The Fed’s secret “bank credit targe” which deprives industry of funds, may turn into overt loan rationing.

Documentation: Interviews with officials at the IMF, Federal Reserve, and National Security Council.

Domestic Credit

by Richard Freeman

The Treasury’s debt bubble.


by Kathy Burdman

A fast road to credit controls?


by Montresor

More noise about a gold standard.

World Trade

by Mark Sonnenblick

Currency Rates

Business Briefs

Special Report

The Commonwealth: Queen Elizabeth’s Malthusian Redcoats

by Renée Sigerson

In preparations for the October Cancún Summit, the British have exposed the chief vehicle through which the Crown shapes American foreign policy: the Commonwealth of Nations, latter-day form of the old colonial Empire.

The Method by Which Britain Generates Its Agents of Influence: Brandt’s Commission

After Lord Keynes set up the IMF, and the notions of “basic needs” and “Western technological imperialism” were developed to swerve the Third World from industrialization, the Club of Rome and Brandt Commission have run interference for depopulation policies through special Commonwealth think tanks.


Helmut Schmidt Defends German Sovereignty

by Vivian Zoakos

His actual comments on the neutron bomb, and his current economic initiatives.

Moscow Signals a New Diplomatic Mode

by Rachel Douglas

Behind the OPEC Impasse

by Judith Wyer

Venezuela joins the price hawks.

Tokyo and Washington Undergo a Widening Split over Policy Questions

by Richard Katz

Documentation: Interviews with Henry Kissinger from the Japanese press.

ASEAN Appalled at Reagan’s China Card

by Ramtanu Maitra

U.S. Arms Threaten Balance Between India and Pakistan

by Daniel Sneider

Documentation: An EIR interview with Undersecretary of State James Buckley.

Mitterrand: From Vichy to Socialism

by Laurent Murawiec

By European Economics Editor Laurent Murawiec: Part II in the series on Europe’s monarchists.

International Intelligence


Pentagon Presses for ‘Emergency Board’

The scope of the proposal and the justifications aired sub rosa.

DOD’s Gameplan for Limited Nuclear War

by Lonnie Wolfe

An analysis of the McNamara-Schlesinger doctrines dominating the Pentagon.

Documentation: Excerpts from the Aviation Week summary of the Weinberger “secret guidance.”

Defense Capacity and ‘Buildup’ Plans

by Richard Freeman

How and why the Defense Secretary expects to take added military output from consumer-geared civilian production.

The Moles in the U.S. Defense Apparatus

by Kathy Burdman

Memorable information about Fred Iklé, David Blond, and others: the Swiss connection.

How Banker Charles Manatt Profits from Volcker’s High Interest Rates

by Warren Hamerman

The San Paolo scandal.

National News