Volume 25, Number 30, July 31, 1998



Australia Dossier

by Robert Barwick

Hanson derails Mont Pelerin juggernaut.

Report from Bonn

by Rainer Apel

Germany’s “safe” markets are not so safe.


“Democracy,” IMF-style.


Clinton sounds the alarm on U.S. agriculture crisis

by Marcia Merry Baker

The President has announced urgent aid measures, but the most urgent one of all—dumping the IMF—is unfortunately not among them.

‘Alternative’ debated, in case Russian finance package fails

by Rachel Douglas

It took rule-by-decree in Russia, as IMF Deputy Managing Director Stanley Fischer had proposed it would, for the IMF to approve $11.2 billion in “financial support.” Now, nationalists are preparing programs in the event of its inevitable failure.

The Philippines at 100

by Herman Tiu Laurel

A guest commentary by Herman Tiu Laurel, who chronicles the IMF experiments on the island nation, and asks: When will the colonization end?

Philippine journal features EIR, LaRouche

Pakistan struggles to avoid debt default

by Ramtanu Maitra

U.S. RTC model would collapse Japan’s bankrupt banking system

by Richard Freeman and John Hoefle

The Japanese government has announced that it will attempt a bailout of its banks, modelled on major features of the Resolution Trust Corp. What a disaster that would cause!

U.S. RTC destroyed the real economy

by Kathy Wolfe and John Hoefle

Business Briefs


LaRouche movement flexes its muscle vs. DOJ tyranny

by Jeffrey Steinberg

Citizens’ rage at the corruption of Washington’s “permanent bureaucracy” has been transformed by the LaRouche political movement into a drive to clean out the criminals in the U.S. Department of Justice.

Three cases of DOJ prosecutorial misconduct

Testimony submitted by the Schiller Institute to the Senate Committee on the Judiciary, on July 13.

At stake in GM strike: globalization’s destruction of labor and industry

by Richard Freeman

Either globalization is halted, or there will be no industrial capacity and labor force left to economically reproduce the human race.

United Steelworkers file lawsuit against NAFTA

‘Maquiladoras’: ‘manufacturing plantations’

by Carlos Cota Meza

Mexico’s Mr. NAFTA and the drug trade

by Gretchen Small

Former President Carlos Salinas de Gortari, who pushed through NAFTA with George Bush, financed his campaign with drug money.

NAFTA ban on DDT will cost more lives

by Marjorie Mazel Hecht

Privatizing the prison system: ‘maquiladoras’ in the United States

by Marianna Wertz

America’s rapidly growing prison system is threatening to become a cheap-labor haven for free-enterprisers.

H.R. 4100: ‘Free market’ slave labor for U.S. prisons

by Marianna Wertz

A report on “The Free Market Prison Industries Reform Act of 1998,” introduced by Rep. Bill McCollum (R-Fla.).

Private prisons are U.S. ‘growth industry’

by Marianna Wertz

The case of Virginia: Prison labor program riddled with scandal

by Edward Spannaus

Workfare is a human rights violation

by Marianna Wertz


Block the British plan for disintegration of Indonesia

by Michael O. Billington

Indonesian leaders are warning that a loss of cohesion among the nation’s diverse ethnic and religious groups, could lead to civil war. Not surprisingly, British intelligence agents and their friends have a hand in stirring up the conflicts over the provinces of East Timor and Irian Jaya.

The Cold War vs. the Non-Aligned Movement

by Michael O. Billington

U.S. leaders should look at the battle between Roosevelt and Churchill, to see where U.S. interests really lie with respect to developments in Indonesia.

International Intelligence


Turning the tables: Starr is now under investigation

by Edward Spannaus

The independent counsel could be held in contempt of court or even jailed, because of the leaks of grand jury information from his office to the news media.

Trent Lott lies on China satellites

by Marsha Freeman

The Senate Majority Leader’s claims about an “interim report” on U.S. satellite exports for launch in China, turn out to be hogwash. When it comes down to it, Lott is trying to give the GOP a head start in the mid-term elections in November.

Congressional Closeup

by Carl Osgood

National News