Executive Intelligence Review, Volume 24, Number 45, November 7
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EIR Founder and Contributing Editor: Lyndon H. LaRouche, Jr. Editorial Board: Melvin Klenetsky, Lyndon H. LaRouche, Jr., Antony Papert, Gerald Rose, From the Associate Editor Dennis Small, Edward Spannaus, Nancy Spannaus, Jeffrey Steinberg, Webster Tarpley, William Wertz Associate Editor: Susan Welsh ll around the world, in the aftermath of the Black Monday stock Managing Editors: John Sigerson, A Ronald Kokinda market crash, people are telling EIR, “LaRouche was right!” “He’s a Science Editor: Marjorie Mazel Hecht prophet,” many have said. Actually, as Lyndon LaRouche said in an Special Projects: Mark Burdman Book Editor: Katherine Notley interview on Oct. 28, “I’m not a prophet. I’m just a scientist, and Advertising Director: Marsha Freeman I can tell you what the laws of the universe indicate will happen as a Circulation Manager: Stanley Ezrol result of what’s going on, or policies we have, and what the approxi- INTELLIGENCE DIRECTORS: mate timing might be of these consequences, depending on which Asia and Africa: Linda de Hoyos Counterintelligence: Jeffrey Steinberg, branch of the road we take.” Paul Goldstein Economics: Marcia Merry Baker, What everybody wants to know now, is 1) How did LaRouche William Engdahl know what was going to happen? and 2) What do we do now? How History: Anton Chaitkin Ibero-America: Robyn Quijano, Dennis Small do we prevent a vaporization of the world financial and monetary Law: Edward Spannaus system, which would cause untold human suffering? Russia and Eastern Europe: Rachel Douglas, Konstantin George To find out the answers to these questions, you have come to the United States: Kathleen Klenetsky right place. INTERNATIONAL BUREAUS: Start with LaRouche’s article in the Economics section, “Alan Bogota´: Jose´ Restrepo Bonn: George Gregory, Rainer Apel Greenspan Fairy-Tale Fails to Lull Markets.” Here you will find a Buenos Aires: Gerardo Tera´n concise statement of LaRouche’s scientific conclusions respecting Caracas: David Ramonet Copenhagen: Poul Rasmussen the economic crisis, and marching orders on what action must be Houston: Harley Schlanger taken by world leaders—notably the President of the United States— Lima: Sara Maduen˜o Mexico City: Hugo Lo´pez Ochoa when the time is right. Milan: Leonardo Servadio A counterpoint to this, is our Feature on the historic Clinton- New Delhi: Susan Maitra Paris: Christine Bierre Jiang summit meeting. The fact that Black Monday occurred on the Rio de Janeiro: Silvia Palacios eve of President Jiang’s arrival in Washington, underlines the strate- Stockholm: Michael Ericson Washington, D.C.: William Jones gic importance of his visit. LaRouche stresses that a partnership be- Wiesbaden: Go¨ran Haglund tween the United States and China, against British imperial interests, EIR (ISSN 0273-6314) is published weekly (50 issues) is indispensable, if the world is to find its way out of the rapidly except for the second week of July, and the last week of deepening crisis. December by EIR News Service Inc., 317 Pennsylvania Ave., S.E., 2nd Floor, Washington, DC 20003. (202) In a recent issue, EIR reported the assessment of Helga Zepp 544-7010. For subscriptions: (703) 777-9451. World Wide Web site: http://www.larouchepub.com LaRouche, upon her return from a visit to China and India, that the e-mail: [email protected] European Headquarters: Executive Intelligence Review most important thing that had to occur at the Clinton-Jiang summit, Nachrichtenagentur GmbH, Postfach 2308, D-65013 Wiesbaden, Otto von Guericke Ring 3, D-65205 was that a positive relationship be established between the two men, Wiesbaden, Federal Republic of Germany Tel: (6122) 9160. Homepage: http://www.eirna.com as “the absolutely necessary stepping-stone” to the Eurasian Land- E-mail: [email protected] Executive Directors: Anno Hellenbroich, Michael Liebig Bridge and a New Bretton Woods system. With the events of the In Denmark: EIR, Post Box 2613, 2100 Copenhagen ØE, end of October, and thanks to the mobilization of the LaRouche Tel. 35-43 60 40 In Mexico: EIR, R´ıo Tiber No. 87, 5o piso. Colonia movement internationally, we can say that this first step has been Cuauhte´moc. Me´xico, DF, CP 06500. Tel: 208-3016 y 533- 26-43. achieved. Japan subscription sales: O.T.O. Research Corporation, Takeuchi Bldg., 1-34-12 Takatanobaba, Shinjuku-Ku, Tokyo 160. Tel: (03) 3208-7821. Copyright © 1997 EIR News Service. All rights reserved. Reproduction in whole or in part without permission strictly prohibited. Periodicals postage paid at Washington D.C., and at an additional mailing offices. Domestic subscriptions: 3 months—$125, 6 months—$225, 1 year—$396, Single issue—$10 Postmaster: Send all address changes to EIR, P.O. Box 17390, Washington, D.C. 20041-0390. EIRContents Interviews Investigation Economics 26 Frank Wolf 48 London deploys jacobins, 4 FEATURE Wolf, a Republican from Virginia’s greenies to shatter Brazil Alan Greenspan fairy-tale 10th Congressional District, is one Never in its history has Brazil of the leading opponents in confronted the kind of threat to its fails to lull markets Congress of a strategic partnership territorial integrity which it faces Lyndon LaRouche writes, “The with China. today. The source of the danger is methods which the U.S.A.’s the plans of the London-led European adversaries used on international financial oligarchy to Tuesday, in concert with Alan turn the country into a mere raw Greenspan’s Wall Street gang, can materials supplier. be compared fairly to the fireman Reviews who douses a fire with buckets of gasoline: they dampened the fire a 43 Worms and swastikas: 51 The Great Waterway bit, by greatly increasing its Hollywood loves Tibet By Prof. Vasco Azevedo Neto, the explosive potential.” Seven Years in Tibet, a motion author of the concept of “lines of picture by Mandalay Entertainment, least resistance,” for building 8 How Black Monday hit directed by Jean-Jacques Annaud. infrastructure projects fundamental to the integration of Ibero-America. world financial markets 52 NGOs are ‘a threat to 9 What LaRouche said, what national security’ the others said Departments A chronology of some of 57 British control of the LaRouche’s forecasts and warnings, 17 Report from Bonn compared to what the so-called Too timid to face reality.Landless Movement experts were saying. Since the January 1984 founding of the MST, the British monarchy has 80 Editorialprovided it with financial backing, 12 International reactions: Throwing gasoline on a fire. while becoming the leading LaRouche was right! promoter of an international image From Mexico City to Moscow, of the MST as a movement for press coverage of LaRouche’s social justice. economic forecasting role. Photo and graphics credits: 59 Paulo Freire: massacring 15 Soros bids for more power Cover, pages 5, 26, 60, EIRNS/ in Russia Stuart Lewis. Pages 8, 21 (as the mind sketched by H. A. Cooper), 50, 55, 56, 58, EIRNS/John Sigerson. Page 16 Currency Rates 44, Courtesy of China Pictorial. 18 Business Briefs Volume 24, Number 45, November 7, 1997 Feature International National 30 Demands for monetary 62 Clinton takes contradictory reform dominate the global policies to Kyoto summit agenda The President has refused British From Indonesia to Brazil, there is demands for draconian cuts in so- growing recognition that the current called greenhouse gas emissions, system is beyond repair. which would devastate what’s left of the U.S. economy. But, in typical 32 Malaysia’s Dr. Mahathir Baby Boomer fashion, he is giving takes on the British—not credence to the fraud of “global for the first time warming.” President Clinton and Jiang Zemin in Washington, Mahathir has emerged as a leading D.C., Oct. 29, 1997. spokesman of developing sector 64 Brits push eco-fascist nations against the looting of global crusade vs. Clinton 20 U.S.A.-China partnership: speculators. hastening slowly 65 Nuclear option favored at Lyndon LaRouche situates the 36 Will the British Senate hearings on accord summit meeting in the context of Commonwealth succeed in with China the more than 200-year battle global power play? China’s potential market for nuclear between the American System and The British monarchy spared no energy is changing even some of the London—“the dark side of the efforts, during the Commonwealth most hard-core anti-nuclear types in Earth.” Business Forum and the the United States. Commonwealth Heads of 23 Clinton, Jiang broaden Government Meeting, to propel the 67 CIA debates Brits’ Cold U.S.-China ties Commonwealth into the role of War perfidy The two leaders’ dialogue was as dominant global power for the 21st Some in the intelligence community fruitful as the agreements and trade century. are beginning to say publicly that deals signed during the summit. Britain has been an adversay of the Documentation: Excerpts from the 39 Privatization of CDC: East United States. joint communique´. India Co. revived 68 Congressional Closeup 26 Wolfman howls at potential 40 London’s terrorists make a for U.S.-China partnership mockery of Colombian 70 National News An interview with U.S. Rep. Frank elections Wolf (R-Va.). 45 Pressure on Uganda’s Museveni for peace Against his will, Ugandan President Yoweri Museveni is being forced to take steps for peace with the Lord’s Resistance Army. 46 International Intelligence EIREconomics Alan Greenspan fairy-tale fails to lull markets by Lyndon H. LaRouche, Jr. October 30, 1997 time. The NYSE barely eked out a cosmetic 8-point rise. On Thursday morning, before the U.S. markets opened, Today, if he has any sense, Federal Reserve Chairman Alan the world markets plunged into a new round of collapse, more Greenspan is as disappointed as the Tom Dewey who awoke menacing than that which had panicked world markets on one Wednesday morning, to discover that he had not been Monday.