Video: Confessions of an Economic Hit Man
“Since World War Two we’ve managed to create history’s first truly global empire. This has been done by the corporatocracy, which are a few men and women who run our major corporations and in doing so also run the U.S. government and many other governments around the world.” — John Perkins
Description:
From 1971 to 1981, John Perkins worked as a chief economist for Chas. T. Main, a Massachusetts-based international strategic consulting firm. During this time Mr. Perkins said his job was to trick developing countries into taking enormous loans from the World Bank in order to construct or repair their domestic infrastructure. These loans were given with the understanding that these countries would then use those loans to pay U.S. corportations to complete these constructing and engineering projects. The author writes that when these developing countries were eventually unable to pay off these sizable debts, the United States, World Bank, or IMF would step in and control the country’s security arrangements and budgetary structure.
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I have a couple of thoughts:
1. I’d like to see it, it’s certainly my field to a “T”
2. The word “trick” is a bit generous (and arrogant). I’d suggest “coerce,” “bribe,” “compel,” “strong-arm,” “pressurize,” “domineer,” or “intimidate.”
3. What, like it’s not transparent that we’re still doing this?
4. Rings of confession from another greedy and trite person seeking 9th hour redemption.
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