Economic Hit Men - Summary


How do corporations & governments get rich it ?                       Economic Hit men, put others in debt, so THEY can PROFIT.


Economic Hit Men.


Rather then just going to war with a country to steal their oil, wheat, minerals, here is a more secretive way:


It is one of the most ingenious scams for social manipulation ever invented, and at it’s core, it is an invisible war waged against the population. Debt is the weapon used to conquer and enslave societies and interest is its prime ammunition. As the majority walks around, oblivious to this reality, banks in collusion with governments and corporations continue to expand and perfect their tactics of economic warfare, spawning new bases such as the World Bank and the International Monetary Fund and introducing a new kind of soldier - the economic hitman.


             Here is the testimony of one of those economic hitmen, John Perkins:


We, the economic hitmen, are the ones really responsible for creating the first really global empire, and we work many different ways. Perhaps the most common is that we will identify a country which has resources which our corporations covet, such as oil, and then arrange a huge loan to that country from the World Bank or one of it’s sister organisations. But the money never actually goes to the country, instead, it goes to our big construction corporations to build infrastructure projects in that country, like industrial power plants, things which benefit a few rich people in that country (in addition to our corporations), but really don’t help the people involved, however those people and the whole country are left holding a huge debt so big that they can’t repay it, which is the whole plan - that they can’t repay it. So we economic hitmen go back to them and say “listen, you owe us a lot of money, you can’t repay it, so sell your oil real cheap to our oil companies, allow us to build a military base in your country or send troops to some place in the world to support our troops in somewhere like Iraq, or vote with us in the UN to have their electric utility company privatised, or their sewage system privatised and sold to US corporations or other multinational corporations, so there is a whole mushrooming thing and it’s the way that the World Bank and the International Monetary Fund operate to put a whole country in debt with such a big debt that it can’t pay it, so you then offer to refinance that debt and get them to pay even more interest and you demand this ‘quid pro quo’ or ‘conditionality’ or ‘good governance’ which means basically that they have to sell off their resources, including their social services and utility companies, their school systems sometimes, their penal systems, their insurance systems to foreign corporations. So, it’s a double, triple, quadruple whammy.




Iran 1953:   The precedent for economic hitmen began back in the early 1950s when the democratically elected President of Iran, Dr Mohammad Mossadegh, was considered to be a hope for democracy - Time Magazine’s Man of the Year. One of the policies which he ran on was the idea that the oil companies needed to pay the Iranian people a lot more for the oil which they were taking out of Iran. We didn’t like that, of course, but we were afraid to do what we would normally do, which is to send in the military. Instead, we sent in one CIA agent, a relative of President Roosevelt. He went in with a few million dollars and was very efficient and effective and in a short amount of time he managed to get Mossadegh overthrown and brought in the Shah of Iran to replace him. It was extremely effective. So back here in the United States, people in Washington looked around and said “wow - that was easy and cheap !” So this established the whole new way of manipulating countries and creating empire. The only problem with Roosevelt was that he was a card-carrying CIA agent and if he had been caught, the ramifications would have been pretty serious. So, very quickly at that point a decision was made to use private ‘consultants’, to channel the money through the World Bank, the IMF or one of the other such agencies, bring in people like me who worked for private companies, so that if we got caught, there would be no government ramifications.


Guatemala 1954:   When Arbenz (Jacobo Arbenz Guzman) became President of Guatemala, the country was very much under the thumb of the United Fruit Company, the big international corporation and Guzman ran under the strategy of giving the land back to the people. When he was elected he started implementing those policies of giving the land back to the people. United Fruit didn’t like that so much, so they hired a Public Relations company in the United States mounted a huge campaign to convince the people of the US, the press of the US and the Congress of the US that Arbenz was a Soviet puppet and if we allowed him to stay in power the Soviets would have a foothold in this hemisphere, which, at that time, was a huge fear on everybody’s minds, so to make a long story short, out of this public relations campaign came a commitment on the part of the CIA and the military to take this man out, and in fact, we did. We sent in planes, we sent in soldiers, we sent in jackals, we sent in everything to take him out, and we did take him out. And as soon as he was removed, his successor reinstated the links to the big corporations including United Fruit.


Ecuador 1981:   Ecuador for many, many years was ruled by pro-US dictators, often relatively brutal. Then it was decided that they were going to have a truly democratic election Jaime Roldos (Aguilera) ran for office and his main goal, he said, as President was to make sure that Ecuador’s resources were used to help the people. And he won, overwhelmingly, by more votes than anyone has ever won anything in Ecuador and he began to implement these policies to make sure that the profits from oil went to help the people. Well, we didn’t like that in the United States. I was sent down as one of several economic hitmen to change Roldos, to corrupt him, to bring him around, to let him know “you know, you and your family can get very rich if you play our game but if you but if you continue to try and keep these policies you promised, then you are going to go”. He wouldn’t listen. He was assassinated “Ecuadorian Leader Dies in Plane Crash”. As soon as the plane crashed, the whole area was cordoned off. The only people allowed in were the US military from a nearby base and some of the Ecuadorian military. When an investigation was launched, two of the key witnesses died in car accidents before they had a chance to testify. A lot of very, very strange things went on around the assassination of Roldos. I, like most of the people who really looked at this case had absolutely no doubt that it was an assassination and of course, in my position of an economic hitman, I was expecting something to happen to Jaime, whether a coup or an assassination I was sure that he would be taken down as he was not being corrupted, he would not allow himself to be corrupted the way we wanted to corrupt him.