Freeman's 3rd bid for governor to focus on protecting finances LaRouche supporter predicts monetary crisis; CAMPAIGN 1998


Lawrence K. Freeman, a Democrat and longtime follower of political extremist Lyndon H. LaRouche, launched his third bid for governor yesterday.

Freeman, a 47-year-old writer from Catonsville, said the next Maryland governor must prepare for a worldwide financial collapse that will engulf the United States. He also says that expelled state Sen. Larry Young was a victim of a federal conspiracy against black leaders.

"They don't want to let African-Americans rise to significant positions," Freeman said of the federal officials involved in the alleged conspiracy.

Freeman is no stranger to politics, though he has never won significant vote totals.

He ran for governor in 1986 and 1994, when he pushed for construction of floating nuclear power plants that could be shipped to developing countries in Africa. He also ran for mayor of Baltimore in 1993.

For his 1998 bid, Freeman says, "I'm certainly not a front-runner." But he thinks his campaign will catch on in the months ahead, when he says LaRouche's predictions of a global "financial meltdown" will come true.

"The whole financial bubble that we've been living off recently this thing will go very soon," he said. "It's gone through Russia. It's gone through Asia. It's now going to hit Western Europe and here."

To prepare Maryland for the turmoil, Freeman favors new government protections for banks, a renewed emphasis on domestic manufacturing and increased trade with China. He supports an international monetary conference to bolster world financial systems.

LaRouche has run for president several times and has a network of like-minded supporters. In 1988, he was convicted of fraud for deliberately defaulting on millions of dollars of loans from supporters. He served five years in federal prison and was released in 1994.

Freeman agrees with Gov. Parris N. Glendening that slot machines should not be allowed at Maryland racetracks.

Pub Date: 6/26/98

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