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Confessions of an Economic Hit Man. Nine pages in & here's what it says:

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1932 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-19-05 09:23 AM
Original message
Confessions of an Economic Hit Man. Nine pages in & here's what it says:
Edited on Fri Aug-19-05 10:19 AM by 1932
John Perkiins says that there are three stages to American foreign policy: (1) The E(c.)H(it)M(en) convince a foreign leader to accept US loans (which just go to American construction companies), which puts the country into debt, on which they default, which then causes the US to demand their collateral, which is usually land that gets sold to oil companies and the right to the country's votes in the UN; (2) if they don't take the loans, the US sends in (or allows to be sent in, without interference) the jackals, who are assassins and people who sabotage democratic elections; and (3) if the jackals don't succeed, we send in the miliary.

He says Afghanistan and Iraq are places where the EHM and the jackals didn't succeed so we sent in the military. He says that Venezuela is a place where the EHM and Jackals haven't succeded.

Other interesting tidbits:

Just after he finished his Peace Corp committment in Ecuador, he was told by "Uncle Frank" in the NSA that his skills would be valuable becuase there is plenty of oil in South America and since Vietnam didn't work out, we'd be looking to control it down there. (In other words, Vietnam was a war for oil and the US does a great deal to make oil companies rich in its drive to control the fuel of economic development).

He says that America has built an empire without armies but with men in suits (the EHM) and that empires never end up well.

He says there's no global conspiracy of the corporatorcracy. He says that they don't need to collaborate to plot out their greedy plans. He said that we live in a society with messed up values (accumulated power and wealth is good even if it impoverishes a great number of people) and those values are the substitue for guys getting together in a room somewhere to decide what to destroy next.

He also said something that reminded me of a Fox News story the other day. Perkins says that our culture and the media never question American policy because the primary goal is to convince people to consume.

Fox was spinning a report that wealth doesn't make people happy but inequality makes people miserable. Fox interpreted this two ways (1) you don't want to be rich (let the ultra-rich have their money, and people who work should be complacent with their relative lack of wealth because, so the spin goes, individually rising your economic power to meet the power of the most powerful won't make you happier) and (2) you'll be happy if you consume as much as your neighbors.

That was amazing spin.

By reporting on a study that said that extreme disparities in wealth are bad for society (which was something that FDR knew and addressed) Fox (1) inculcated a sense that people shouldn't care about incredible wealth disparity (by speaking of individual wealth rather than collective improvements in wealth), and (2) convinced people that consumption could make you happy if it means you're keeping up with the joneses.

Slick. John Perkins is right about the media.
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raccoon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-19-05 09:30 AM
Response to Original message
1. Interesting post. I'll have to read the book.
What does EHM stand for?

"Fox was spinning a report that wealth doesn't make people happy but inequality makes people miserable."

Typical spin. And there are people who believe--in total defiance of probability and common sense--that one day they'll be wealthy, usually by winning the lottery.
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Richardo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-19-05 09:36 AM
Response to Reply #1
2. EHM = Economic Hit Men
This book is on my 'to read' list too.
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raccoon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-19-05 09:52 AM
Response to Reply #2
7. thanks. What can I say, it's Friday. nt
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1932 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-19-05 09:48 AM
Response to Reply #1
4. It's true that inequality is bad for society on many levels.
The spin part was to turn that into an argument that you'll be happy if you consume more (if you spend as much as your neighbors).

In other words, if it's the inability to keep up with the Joneses that's bad for society (I agree with that), then the solution is simply to buy more things.

This glosses over two related problems: (1) consumption is not wealth -- people are impoverishing themselves to buy things and consumption is a big reason there's so much wealth inequality (people aren't treating their spending like it's an investment in future wealth); and (2) more consumption isn't an option if you don't have wealth to begin with.

The other part of the spin that was slick was to use the story to make people less concerened with leveling wealth disparities. Rather than say the rich should be taxed a little more and shouldn't expect to have a government solely concerned with making a handful of rich people ultra wealthy, Fox spun the story into an argument that although you should try to keep up with the Joneses, you shouldn't expect to keep up with the Rockefellers (or you shouldn't expect the Rockefellers to have the same limited options that you have). As Republicans often do, they don't want people to have class consciousness and they used a study that is a good argument for class consciousness to confuse people into not having it.

And notice that although they tell the middle class not to want to be super rich, they don't tell the rich they shouldn't expect to be super rich.
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FightingIrish Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-19-05 09:40 AM
Response to Original message
3. This book explains why a lot of things that have happened.
It also explains why the Reichsmarshal of War and Nation Building is in Peru this week.
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1932 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-19-05 09:50 AM
Response to Reply #3
5. Yes. The EHM-Jackal-Military paradigm:
It's a frame that really explains a lot of American foreign policy.
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sam sarrha Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-19-05 09:52 AM
Response to Original message
6. Link>>...??
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1932 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-19-05 10:07 AM
Response to Reply #6
9. www.amazon. com
Author: John Perkins
Title: Confessions of an Economic Hitman
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Richardo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-19-05 10:18 AM
Response to Reply #9
10. www.bn.com
Barnes & Noble is solid blue, baby! :thumbsup:
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-19-05 09:59 AM
Response to Original message
8. thisis the part that i think is so important
''He says there's no global conspiracy of the corporatorcracy. He says that they don't need to collaborate to plot out their greedy plans. He said that we live in a society with messed up values (accumulated power and wealth is good even if it impoverishes a great number of people) and those values are the substitue for guys getting together in a room somewhere to decide what to destroy next.''

that's what i think is so threatening to our's and to the world's state of well being.
these are the people that are the very driving force in politics today -- here and abroad.

i don't know about assasins -- but i know that the very wealthy in new york probably know the very wealthy in california, and they probably know the very wealthy in berlin.
the door opened, for all kinds of historical reasons, for those folk to exercise their power and influence to gain more -- and that's what they've been doing very effectively for some time now.
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Richardo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-30-05 03:19 PM
Response to Original message
11. OK I finally finished 'Economic Hit Man' at lunch today. All I can say is:
Hugo Chavez better watch his ass.

Perkins' assertion is pretty much that Saddam's stubbornness saved Chavez for the time being. Bush couldn't do Afghanistan, Iraq and Venezuela all at the same time. (But he did start the ball rolling - remember the three-day coup?)

And now Pat Robertson just happens to let fly with his remarks. Coincidence? I think not.

(reposted from the Lounge)


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MH1 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-30-05 11:13 PM
Response to Reply #11
13. Just finished EHM on the train this morning.
Powerful book. I already have two coworkers lined up to read it now that I'm done.

And I had the same thoughts about Chavez.
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CrispyQ Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-30-05 05:48 PM
Response to Original message
12. Some more good discussion at this thread:
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Richardo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 07:43 AM
Response to Reply #12
14. Thanks, CQG
I forgot about that. :)
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CrispyQ Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 09:14 AM
Response to Reply #14
15. Is the adorable puppy yours?
What's his name?
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Richardo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 09:16 AM
Response to Reply #15
16. I wish.
Just a photo that deadparrot posted and I used during the 'Eagles Up!' freep-fest in the Lounge yesterday.

One of the cutest dog pix I've ever seen. I want him.
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