Volume 12, Number 25, June 25, 1985


Book Reviews

Soviet Military Superiority: A Very Rude Awakening

by Criton Zoakos

Looks at Soviet Military Supremacy, The Untold Facts About the New Danger to America, by Quentin Crommelin, Jr. and David S. Sullivan.


Report from Italy

by Paolo Raimondi

Referendum Points Toward Social Chaos.

The Pestilence of Usury

by Valerie Rush

IMF Shock Threatens Democracy.


by Marcia Merry

Behind the Outbreak of Salmonella.

Attic Chronicle

by Phocion

The Murder of Station Chief Welch.

Southeast Asia

by Sophie Tanapura

Malaysia Proposes “Proximity Talks.”


Appeasement Is Suicide.


EIR’s June Quarterly Shows Why U.S. Faces Bankruptcy

The report on 1985’s second quarter, entitled “The Looming Bankruptcy of the United States,” surveys the national assets available to back up the nearly $7 trillion outstanding liabilities in the credit system, and concludes that it is not only the banking system as such, but the national credit system as a whole which is bankrupt.

BIS Hails Dope, Inc. Power over U.S.

by David Goldman

BIS Stalls Bridge Loan to Argentina

by David Goldman

Food Company Giants Expand Their Control

by William Engdahl

Currency Rates

Thailand Creates Body To Study Kra Canal

by Sophie Tanapura

Business Briefs


The U.S.A. Needs Ten Million New Machine-Tools

by Robert Gallagher

As one of the first steps in the defense mobilization required to deter the Russian Empire and create a second industrial revolution, the United States requires investment in the production of metal-cutting and metal-forming machine-tools, at present levels of technology, of approximately $600 billion.


New Ohio Bank Scandal: The Swindle of the Century?

by Mark Burdman

In effect, an Ohio court decision ensures that Marvin Warner will receive over $100 million from the taxpayers of Ohio to get his own bankrupt bank back—“seller” Warner’s links to his “buyers” are that close.

The Criminal Empire of Ohio’s Carl Lindner

by Mark Burdman


Soviet Leaders Announce Crash War-Economy Plan

by Konstantin George

Documentation: The Soviet mobilization for a war economy.

Will Germany’s Chancellor Kohl Be Toppled by Genscher, Too?

by Rainer Apel

Documentation: Herbert Kremp’s “Where Is Genscher Going?” from Die Welt.

Carrington Organizes Europe against SDI

by Vivian Freyre Zoakos

Tradition, Family & Property Cult Again Tied to Attempts on Pope’s Life

by Gretchen Small

Documentation: A Brazilian interview with a Bragança family member, and the Italian La Repubblica’s publication of the “Third Prophecy of Fatima.”

Moscow’s Peace of the Dead

by Thierry Lalevée

The threat to Yasser Arafat.

Venice, the Oligarchy’s Capital, Makes Plans To Rule the ‘New Yalta’

by Pietro Cicconi

How GRU Terror Targets the West

A Soviet “defector’s” revelations.

Soviets, Bulgaria Pressure Turkey

by Konstantin George

International Intelligence


Saving SALT II Will Invite More Soviet Aggression

by Nicholas F. Benton

On the same day that President Reagan pledged his administration to the never-ratified SALT II treaty, Soviet party chief Gorbachov demonstrated that the Kremlin leadership understands full well the relationship between victorious war-fighting and in-depth economic mobilization.

Documentation: President Reagan’s statements and the Soviet response.

Rajiv Gandhi and President Reagan Set Basis for U.S.-India Relations

by Linda de Hoyos

The assessment is that the Indian prime minister has accomplished his mission .

Eye on Washington

by Nicholas F. Benton

Meese Takes Aim at Money Laundering.

Inside the Pentagon

by Tecumseh

The FBI’s Biggest “Failure” Yet.

Congressional Closeup

by Ronald Kokinda and Susan Kokinda

National News