Tuesday, March 5, 2013

John Perkins: Confessions of an Economic Hit Man

Now that Venezuela's Hugo Chavez is dead, talking heads are yapping about how great it would be if Venezuela "opens up to the world" -- i.e. allows the developed world to go in there and get its oil.

It reminded me of John Perkins' Economic Hit Man youtube video.

General Overview of his book:

Confessions of an Economic Hit Man is John Perkins' fast-paced autobiography, which reveals his career as an economist for an international consulting firm. Perkins says he was actually an "Economic Hit Man." His job was to convince countries that are strategically important to the United States to accept enormous loans for infrastructure development and to make sure that the lucrative projects were contracted to U.S. corporations.

Perkins takes the reader through his career and explains how he created economic projections for countries to accept billions of dollars in loans they surely couldn't afford. He shares his battle with his conscience over these actions and offers advice for how Americans can work to end these practices which have directly resulted in terrorist attacks and animosity towards the United States.

What Is An Economic Hit Man?

Perkins defines economic hit men as "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 include 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."



Source: http://www.wanttoknow.info/johnperkinseconomichitman
Source: http://www.youtube.com/watch?v=TiAMN5awLYw
Source: http://www.reuters.com/article/2013/03/05/us-venezuela-chavez-idUSBRE92405420130305

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