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Sun Feb 22, 2015, 02:46 PM

John Perkins, Confessions of An Economic Hitman



“There are two ways to conquer and enslave a nation. One is by sword. The other is by debt.” John Adams 1735-1826

According to Perkins, he began writing Confessions of an Economic Hit Man in the 1980s, but "threats or bribes always convinced [him] to stop."

According to his book, Perkins' function was to convince the political and financial leadership of underdeveloped countries to accept enormous development loans from institutions like the World Bank and USAID. Saddled with debts they could not hope to pay, those countries were forced to acquiesce to political pressure from the United States on a variety of issues. Perkins argues in his book that developing nations were effectively neutralized politically, had their wealth gaps driven wider and economies crippled in the long run. In this capacity Perkins recounts his meetings with some prominent individuals, including Graham Greene and Omar Torrijos. Perkins describes the role of an EHM as follows:

Economic Hit Man (EHMs) are highly paid professionals who cheat countries around the globe out of trillions of dollars. They funnel money from the World Bank, the U.S. Agency for International Development (USAID), and other foreign "aid" organizations into the coffers of huge corporations and the pockets of a few wealthy families who control the planet's natural resources. Their tools included fraudulent financial reports, rigged elections, payoffs, extortion, sex, and murder. They play a game as old as empire, but one that has taken on new and terrifying dimensions during this time of globalization.

Perkins charges that the proposed conditions for this debt forgiveness require countries to privatize their health, education, electric, water and other public services. Those countries would also have to discontinue subsidies and trade restrictions that support local business, but accept the continued subsidization of certain G8 businesses by the US and other G8 countries, and the erection of trade barriers on imports that threaten G8 industries.

In the book, Perkins repeatedly denies the existence of a "conspiracy." Instead, Perkins carefully discusses the role of corporatocracy.

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Reply John Perkins, Confessions of An Economic Hitman (Original post)
mother earth Feb 2015 OP
marym625 Feb 2015 #1
mother earth Feb 2015 #2
marym625 Feb 2015 #3
mother earth Feb 2015 #4
marym625 Feb 2015 #5
newthinking Feb 2015 #6
mother earth Feb 2015 #7
chervilant Feb 2015 #8
elleng Feb 2015 #11
mother earth Feb 2015 #12
chervilant Feb 2015 #14
mother earth Feb 2015 #16
mother earth Feb 2015 #13
chervilant Feb 2015 #15
mother earth Feb 2015 #17
chervilant Feb 2015 #9
mother earth Feb 2015 #10
KoKo Feb 2015 #18
mother earth Feb 2015 #19

Response to mother earth (Original post)

Sun Feb 22, 2015, 02:49 PM

1. K&R!

This book was a go to for me in debates for years. Worth reading again. Always worth putting out there for those that don't know it.

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Response to marym625 (Reply #1)

Sun Feb 22, 2015, 02:50 PM

2. Absolutely, this is all about what's ailing the US & the global community, they've got it down to a

science. It's criminal.

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Response to mother earth (Reply #2)

Sun Feb 22, 2015, 02:52 PM

3. No doubt.

Which is exactly why we know that war with ISIS is complete bullshit.

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Response to marym625 (Reply #3)

Sun Feb 22, 2015, 03:00 PM

4. Which is why we know all the debt nations like Greece have been screwed over, just like us,

and on and on.

When a corporation can have more economic power than a nation, something is really screwed up.

Our highest court, SCOTUS, has signed, sealed & approved corporate personhood...with no conscientious, a world shaped by power who knows no bounds & has no regard for humanity or planetary resources.

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Response to mother earth (Reply #4)

Sun Feb 22, 2015, 03:02 PM

5. +1

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Response to mother earth (Reply #4)

Sun Feb 22, 2015, 03:25 PM

6. Yanis is one of the most cogent voices discussing why the state of affairs

is where it is at.

I am so glad he speaks english! That way he will be heard throughout the world.

He also discussed current politics and how traditional structures are muted by the current form of capitalism and how to overcome that barrier.

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Response to newthinking (Reply #6)

Sun Feb 22, 2015, 03:38 PM

7. Some background on Yanis, he has dual citizenship Greece/Australia,

From wiki:
http://en.wikipedia.org/wiki/Yanis_Varoufakis

Varoufakis was inspired to study economics after he met Andreas Papandreou, an economist who founded PASOK and became Greece’s first socialist prime minister.[5] After training in mathematics and statistics, he received his economics doctorate in 1987 at the University of Essex. Before that he had already begun teaching economics and econometrics at the University of Essex and the University of East Anglia. In 1988, he spent a year as a Fellow at the University of Cambridge. From 1989 until 2000 he taught as Senior Lecturer in Economics at the Department of Economics of the University of Sydney. In 2000, he moved back to his native Greece where he became Professor of Economic Theory at the University of Athens. In 2002, Varoufakis established The University of Athens Doctoral Program in Economics (UADPhilEcon), which he directed until 2008. From January 2013 he taught at the Lyndon B. Johnson School of Public Affairs at the University of Texas at Austin.

PS Love that banner

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Response to mother earth (Original post)

Sun Feb 22, 2015, 04:37 PM

8. This:

"...that today there is more slavery in the world than ever before."


We are part of this economic enslavement, rendered docile by the illusion of "freedom" and "democracy." The "corporatocracy" has absolutely no qualms about killing--one, a few, a few thousand (the WTC debacle), a few hundred thousand (Iraq, and myriad other places coveted by the corporate megalomaniacs).

At this point, the only thing I wonder is "Will the revolution come in time?" I grieve for our younglings.

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Response to chervilant (Reply #8)

Sun Feb 22, 2015, 06:06 PM

11. So do I grieve for our younglings;

they include my 2 grandsons, 1 year old, and 7 months now.

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Response to chervilant (Reply #8)

Sun Feb 22, 2015, 06:54 PM

12. Some feel Greece is the revolution, chervilant, and I wholeheartedly agree.

What happens with Greece is significant to all. Greece is pivotal.

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Response to mother earth (Reply #12)

Sun Feb 22, 2015, 07:05 PM

14. On the micro level,

I am Greece. I've never been a "good" capitalist, and have long reviled the banks and the corporations with whom I've had to work. I had emergency surgery a year ago that I can NEVER hope to pay off. I was wrongfully terminated the Tuesday before Thanksgiving and no one will hire me (I'm "over-qualified" and a Democrat in a largely Republican, fundamentalist Christian state,and I had the temerity to address my boss's racism). I anticipate either a stint at Wallyworld (NOT a place I care to work), or at a fast food restaurant, IF I'm lucky. The stress and anxiety engendered by no job and no money is overwhelming at times.

Things are much worse in the trenches than many know...

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Response to chervilant (Reply #14)

Sun Feb 22, 2015, 07:16 PM

16. Absolutely.



I think many people do what they do here because they understand just how bad things really are.

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Response to chervilant (Reply #8)

Sun Feb 22, 2015, 07:03 PM

13. From DU's Demeter on Weekend Economists on Economy Board

http://www.democraticunderground.com/?com=view_post&forum=1116&pid=64878

http://www.nakedcapitalism.com/2015/02/mathew-d-rose-greece-revolution-stupid.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+NakedCapitalism+%28naked+capitalism%29

Yves here. As Greece’s struggles to secure relief from impossible-to-pay-debt that served to prop up otherwise insolvent French and German banks, and to be permitted to implement measures to reduce distress and restore growth, more and more observers are recognizing that this is really a struggle over democratic self-control versus rule by an unaccountable technocracy with inflexible rules, using finance as their enforcement weapon. This speech in the European Parliament today by UKIP leader Neil Farage (hat tip Chuck L) echoes some of the themes of Mathew Rose’s post. Rose also explains how the many Germans justify the counterproductive destruction of a society that they have turned into a vassal state.




Greece – It’s a Revolution, Stupid! By Mathew D. Rose, a freelance journalist in Berlin

I fear most people have become so fixated on the Greek debt and the fate of the Euro, that they have completely ignored the political dimensions of the current conflict in Europe, which are no less dramatic. The ongoing dispute between the German and Greek governments is nothing less than a democratic revolution against German hegemony and the attempt of the Germans and their paladins in the EU to dictate Greek domestic policy. It is a struggle by the Greeks to re-establish national sovereignty. What is more, this is the first time in the history of the EU that a political party with true leftist credentials has led a member nation. For reactionary Germany, with its neoliberal agenda, that is intolerable. This conflict is profound, if not existential, and thus could well be intractable...The Greek people have made a decision to liberate themselves from a repressive regime of austerity and its incumbent humanitarian disaster. The Germans on the other hand refer to the developments of the past five years in Greece as a success. Yes, it has been a success in the sense that the Germans and French were able to rescue their banks and leave the Greek people to foot the bill. It was even more successful in that Greece was stripped of its political and economic autonomy – with the assistance of the quislings Antonis Samaras and Evangelos Venizelos.

The German government has never wanted democratic reform in Greece, leaving the perpetrators of the Greek financial crisis, the political and financial elites unscathed. Success has meant Greece being reduced to a vassal state, raising the market above all other values, where multinational corporations, including German companies, could take over profitable state assets cheaply and German tourists could enjoy cut-rate holidays or buy holiday homes at bargain prices. What occurred in Greece with the bailout is an occupation, not with troops and panzers, but by financial means. Following the recent elections in Greece, Germany and its EU compradors are making it clear who is in charge. The Germans are currently not offering any compromise, but iterate the same blunt demand: Greece has to accept what is being dictated; in other words, capitulate or be annihilated. This time it will not be the Wehrmacht und Luftwaffe that are to force the Greek nation into submission, but a weapon just as lethal: national bankruptcy.

What has been a true disgrace is the role of the German people, who sincerely believe that they are the “Good Guys”, championing democracy and justice wherever they tread. There is a saying in German that should not to be underestimated: “Am deutschen Wesen mag die Welt genesen” (The German character will heal the world). In Germany, where the banks are held in awe, the government is dictated by vested interests and the Germans lay claim to a very high social morality, the true reasons for the so called Greek bailout – saving German banks – would not do. Thus the government, assisted by the media, utilised old political tools: nationalism and racism. The financial crisis in Europe and Greece was no longer a narrative of profligate, lying, cheating, corrupt private banks, but of profligate, lying, cheating, corrupt Southern Europeans. It is surprising, if not shocking, how prepared the Germans, many of whom normally possess a very high political acumen, were prepared to embrace this discourse. A climb-down by the German government in what has become such an emotionally laden issue will be difficult.

Add to this, that no nation has profited more from the Euro crisis than Germany, catapulting it to its new hegemonic role in the EU. According to the Bundesbank the German government had by the conclusion of 2014 saved 152.4 billion Euros in debt payment due to the low interest rates it pays for credit since the crisis began. The depressed value of the Euro, also a product of the crisis, has been a boon for Germany’s export oriented economy and returns from overseas investments. Thus the Germans have ignored the humanitarian crisis developing at its doorstep.

Unfortunately nationalism begets nationalism and this may well become the fulcrum of future developments. Whereas banks and the EU are rather elusive opponents, Germany is not. Europeans, like their German counterparts, are well versed in nationalism. Thus being able to concentrate their ire upon Germany – and the current intransigence of the German government towards Greece is augmenting this mood – there is a potential political backlash developing. Greece has played its political hand brilliantly. They have presented a humanitarian and democratic programme, gaining the moral high ground, then going on to offer compromises and plans to put these into action. They have exhibited the true spirit of the European Union. The Euro Group, led conspicuously by Germany, demands a perpetuation of their imposed austerity programme.

The problem is that Syriza is not a Social Democratic party that has no scruple about selling its voters down the river. They appear to be sincerely committed to democracy and reform – and prepared to fight for it. Despite the current Greek government having not named the German government as the problem, which the media does anyway, the perception of many Europeans is of the return of the Ugly German on the political stage. This may well have a decisive role in the negotiations in the upcoming weeks. Should Germany come down too hard on Greece or even drive it into bankruptcy and out of the Euro, this will give all the anti-austerity political parties in Southern Europe a fillip. They, as Germany before them, will be able to convert an economic conflict into a nationalistic one, simply from the opposite perspective: the repressive, greedy, power hungry Germans once again plundering Europe as they did seventy-five years ago. This will be utilised by the left as well as the right. Soon Germany may not only have to deal with the Greek government, but the Spanish, Italian, French and Portugese as well.


As a historian I know better than to speculate upon history repeating itself, but there is something eerily disturbing concerning the current situation. Whoever I speak with and in most Anglo-Saxon media, everyone analyses the situation with Game Theory, apparently rather modish these days. According to them, the Greeks and Germans will pull up at the brink, anything else would be madness. 101 years ago, this was the same thing being said in Europe concerning the Germans with regard to the conflict between Austria-Hungary and Serbia.

Then World War I broke out.
-------------

I applaud our own DU's Demeter & co., who tirelessly work to gather all the important economic news and do their daily thing, SMW.

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Response to mother earth (Reply #13)

Sun Feb 22, 2015, 07:07 PM

15. Oh, do I wish I could rec your post!!!

Thanks so much for this.

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Response to chervilant (Reply #15)

Sun Feb 22, 2015, 07:32 PM

17. You thank, Demeter, as I do, pretty much on a daily basis. This was a wow for me, it truly

speaks to Germany's ignorance & the presence of the Golden Dawn in Greece further brings home the point this Nigel Farage makes.
Germany, who brought us Hitler and fascism, is denying Greece any opportunity to end austerity which, in turn, promotes fascism in that country because of the desperation of Greece. Suicide and fascism are birthed from squeezing a nation into poverty and desperation.

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Response to mother earth (Original post)

Sun Feb 22, 2015, 05:05 PM

9. In the late 80s, early 90s

I found a book about Guatemala, written as a graduate thesis at UT-Austin by a man whose name I must not be able to recall correctly, because I cannot find the book at all. In the book, the author details how the US usurped all the arable land, rail lines, roads and ports in Guatemala (save for seven miles of rail in the interior) to control the country and insure that United Fruit would enjoy a monopoly on the bananas (and other agricultural products) being produced in Guatemala. The details parallel what this 'economic hitman' describes.

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Response to chervilant (Reply #9)

Sun Feb 22, 2015, 05:41 PM

10. Absolutely, they've got it down to a science. Here's another article I found

http://www.democraticunderground.com/10026262599
Greece and the Endgame of the Neocolonial Model of Exploitation (February 19, 2015)

He mentions Confessions of an Economic Hitman & Shock Doctrine.

Add all of this to what is it now, four media companies who control a scripted MSM? I would hasten to add, when are we ever witnessing truth? Who aren't the oligarchs exploiting?

Looking forward to the 2016 horse race with MSM calling all of the shots to end win of yet another Clinton vs. Bush, aren't you?
When libertarians and progressives realize their common ground, major rejection of this BS will be forthcoming in short order.
I suspect people are waking up to this fact.

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Response to mother earth (Original post)

Sun Feb 22, 2015, 09:37 PM

18. Check Out "Confessions of an Economic Hitman" on Amazon...I read it..way back..BUT.......

But, make up your own Mind...although it's one of the best reads about "New Global World Order" and what it means for the rest of the world and we USA Taxpayers who are funding all of this:


Confessions of an Economic Hit Man Paperback – December 27, 2005
by John Perkins (Author)
1,225 customer reviews

http://www.amazon.com/Confessions-Economic-Hit-John-Perkins/dp/0452287081%3FSubscriptionId%3DAKIAILSHYYTFIVPWUY6Q%26tag%3Dduckduckgo-ffsb-20%26linkCode%3Dxm2%26camp%3D2025%26creative%3D165953%26creativeASIN%3D0452287081

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Response to KoKo (Reply #18)

Sun Feb 22, 2015, 09:39 PM

19. Yeah, this vid, is but a small piece of the pie. nt

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