Volume 9, Number 7, February 23, 1982



Energy Insider

by William Engdahl

Nuclear activists and the NRC.


by Daniel Sneider

Masaki Nakajima, Chairman of the Mitsubishi Research Institute, and author of the draft proposal for a Global Industrial Fund.

Middle East Report

by Robert Dreyfuss

The “business” side.

Dateline Mexico

by Josefina Menéndez

Probe International and the Hank scandal.

Congressional Closeup

by Barbara Dreyfuss and Susan Kokinda


A warning to subscribers.


Gold Emerges As a Strategic Issue

by Montresor

By means of “swaps,” the U.S.S.R. is selling without driving down the price, and Europe is expanding its gold reserves.

1983 Budget: Double Blow Against the U.S. Economy

by Richard Freeman

The budget deficit is pushed up by Volcker’s high rates; the budget cuts would slash essential infrastructure.

Currency Rates

Sterling National’s Unsavory History

by Leif Johnson

Even before its association with Michele Sindona.


by Susan B. Cohen

Congress spotlights farm crisis.

Debasement Index

A new service.

World Trade

by Mark Sonnenblick

Computerized Economics as an Instrument of Brainwashing

by David Goldman

The second and final part of Economics Editor David Goldman’s account of how the Strategic Bombing Survey-RAND Corporation crew used electronic gimmickry to force-feed zero-growth economics.

Business Briefs

Special Report

Japan’s $500 Billion Plan for Reversing World Depression

by Daniel Sneider

The proposal to regenerate the advanced sector by developing the Third World.

The Text of Nakajima’s Plan for Global Economic Recovery

The Global Infrastructure Fund: Evaluating Methods and Projects

by Ramtanu Maitra

The fundamental question of energy development and specific feasibility questions.

The Financial and Political Feasibility of the GIF Approach to Investment

by Richard Katz


Exchange Controls: The New Debate in Mexico

by Timothy Rush

The President has attacked capital-flight promotors as traitors. The leading newspaper chain comments that only those with ill-gotten funds have the liquidity for substantial currency transfer.

Italians Pursue Upper Levels of Terrorism

by Nora Hamerman

Six new leads on the financiers and deployers of the Red Brigades, in dossier form.

The Muslim Brotherhood Threatens To Assassinate President Mubarak

by Nancy Coker

Sources in the Israeli intelligence circuit which promotes Islamic fundamentalism say Egypt’s new leader will be eliminated by April.

International Intelligence


Kissinger Faction Pushes ‘Guns-Not-Butter’ Policy

by Graham Lowry

A 1983-87 commitment to a gimcrack conventional buildup and/or “Space Wars” Wunderwaffen would entail draining the civilian economy and estranging the United States from its allies.

The Actual Stakes in Central America

by Dennis Small and Gretchen Small

The buildup toward U.S. military involvement there is part of the “guns-not-butter” preparation.

Volcker Rides Herd over the Congress

by Susan Kokinda

Apart from the revival of Senator Melcher’s resolution to bring down rates, no action against the Fed is in the works.

The Weinberg Death Could Boomerang Where Abscam Stands

by Anita Gallagher

Anglican Elite Runs the B’nai B’rith ADL

by Joseph Brewda

Founded by a lawyer for the Moore interests, the Anti-Defamation League is still largely funded and controlled by the patricians.

National News