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Reply #106: Smedley Butler, Meet John Perkins [View All]

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Octafish Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-27-09 07:24 PM
Response to Reply #43
106. Smedley Butler, Meet John Perkins
Thank you for the connection, MagickMuffin! Perkins saw the light, too.



Smedley Butler, Meet John Perkins

by Russell Mokhiber and Robert Weissman
Published on Friday, November 19, 2004 by CommonDreams.org

EXCERPT...

I was a high class muscleman for Big Business, for Wall Street and for the Bankers, Butler said. In short, I was a racketeer, a gangster for capitalism.

In a speech in 1933, Butler said the following:

I helped make Mexico, especially Tampico, safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefit of Wall Street. The record of racketeering is long. I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-1912. I brought light to the Dominican Republic for American sugar interests in 1916. In China I helped to see to it that Standard Oil went its way unmolested.

Smedley Butler, meet John Perkins.

Perkins has just written a book, Confessions of an Economic Hit Man (Barrett Koehler, 2004).

It is the War is A Racket for our times.

SNIP...

His job was to convince the governments of the third world countries and the banks to make deals where huge loans were given to these countries to develop infrastructure projects.

And a condition of the loan was that a large share of the money went back to the big construction companies in the USA the Bechtels and Halliburtons.

The loans would plunge the countries into debts that would be impossible to pay off.

The system is set up such that the countries are so deep in debt that they cant repay their debt, Perkins said. When the U.S. government wants favors from them, like votes in the United Nations or troops in Iraq, or in many, many cases, their resources their oil, their canal, in the case of Panama, we go to them and say look, you cant pay off your debts, therefore sell your oil at a very low price to our oil companies. Today, tremendous pressure is being put on Ecuador, for example, to sell off its Amazonian rainforest - very precious, very fragile places, inhabited by indigenous people whose cultures are being destroyed by the oil companies.

http://www.commondreams.org/views04/1119-24.htm



A "racket" is what we today call "conspiracy."

Would that that more good men and women stopped going around with their eyes wide shut.
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