Abstract

Editorials
Navasky, Victor | June 12, 1995 issue

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The article focuses on prevailing political conditions in the U.S. and around the world, as of June 12, 1995. In a recent issue the newspaper, the Wall Street Journal published a front-page story discussing several books like "Report From Iron Mountain," "The Turner Diaries," and "New World Order." The book "Report From Iron Mountain," which purports to be a suppressed government report, is a 1967 hoax perpetrated by freelance writer Leonard Lewin. In another development, a bill recently passed by the U.S. Senate lets companies escape royalty payments on leases located at depths greater than 200 meters. In short, taxpayers can forget their usual 16.6 percent royalty on tens of millions of barrels of oil.

See Also:

UNITED States -- Politics & government; WALL Street Journal; REPORT From Iron Mountain on the Possibility & Desirability of Peace (Book); LEWIN, Leonard; COPYRIGHT -- Royalties; PETROLEUM -- Taxation; PETROLEUM law & legislation; UNITED States
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