The Secret History of the American Empire : Economic Hit Men, Jackals, and the Truth about Global Corruption »

Posted By dissent 4 months, 3 weeks ago in News

AMY GOODMAN: Well, before we go further, “economic hit men” -- for those who haven’t heard you describe this, let alone describe yourself as this, what do you mean?

JOHN PERKINS: Well, really, I think it’s fair to say that since World War II, we economic hit men have managed to create the world's first truly global empire, and we've done it primarily without the military, unlike other empires in history. We've done it through economics very subtly.

We work many different ways, but perhaps the most common one is that we will identify a third world country that has resources our corporations covet, such as oil, and then we arrange a huge loan to that country from the World Bank or one of its sister organizations. The money never actually goes to the country. It goes instead to US corporations, who build big infrastructure projects -- power grids, industrial parks, harbors, highways -- things that benefit a few very rich people but do not reach the poor at all. The poor aren’t connected to the power grids. They don’t have the skills to get jobs in industrial parks. But they and the whole country are left holding this huge debt, and it’s such a big bet that the country can't possibly repay it. So at some point in time, we economic hit men go back to the country and say, “Look, you know, you owe us a lot of money. You can't pay your debt, so you’ve got to give us a pound of flesh.”

AMY GOODMAN: And explain your history. What made you an economic hit man?

Read Full Story at informationclearinghouse.info »

424 Views Share Story 6 Comments Report

Submitted By:
dissent

we live in a culture of war.

let's make it a culture of peace.

"my country is the world. and my religion is to ...

Other Related Articles:

RSS Join the Discussion

+ Add Comment
Comments So Far: 6 (view all)
- Display
  • 100%
    AnteUp4 months, 3 weeks ago

    This comment is below the standard viewing threshold View It »

    Seems something wicked has been coming for longer than I knew.
    How utterly frightening. Have the powers that organize these
    events chosen the USA to always be on top? Are we assured of
    our position as instigator - and NEVER victim? Maybe someone
    here would give a damn about these policies if they felt we
    might someday be on the receiving end - who knows.
    We're running out of resources - we have severe economic
    distress - our work force wants way too much in return for their
    labors, as compared to other nations......right? Which nation
    might this cabal switch their loyalties to?
    Is that possible?

    (comment_max_expanded_depth : 2) (comment depth : 2) (recursion depth : 1) (max_comment_reply_depth : 40) (comment_max_render_depth : 3)
    Reply

    4 Replies

    loading loading ...
  • 100%
    sumptuousdigs4 months, 3 weeks ago

    This comment is below the standard viewing threshold View It »

    "A house divide against itself cannot stand." How do we divest our infested house of the vermin, without burning it down? Sack Goldman Suchs!

    (comment_max_expanded_depth : 2) (comment depth : 2) (recursion depth : 1) (max_comment_reply_depth : 40) (comment_max_render_depth : 3)
    Reply
    loading loading ...
    View All 6 Comments

    Add a Comment

    Sign In With Your Propeller Account

    Forgot your password?

    Please keep your comments relevant to this story.

    To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.