In fact the poor suffer because the loans have to be repaid, and they are huge loans, and the repayment of them means that poor won’t get education, health, and other social services and the country is left holding a huge debt, by intention. We go back, we economic hitmen, to this country and say, “Look, you owe us a lot of money. You can’t repay your debts, so give us a pound of flesh”.

John Perkins (born January 28, 1945) is an American economist, author, & conspiracy theorist who has detailed his alleged experiences as an economic hit man for the USA, where he allegedly worked to corrupt foreign government officials to enable US corporations to exploit their natural and human resources.

Quotes

  • I spend time in Central America. I speak Spanish. I used to be an economic hit man (EHM) whose job was to corrupt government officials so our corporations could exploit natural and human resources. I see that what has happened in Central America during my lifetime is a microcosm for much of the world. Predatory capitalism, global corporations, and US government agencies have used the stick and carrot–– EHM methods–– to coerce governments to promote economic systems that enrich the wealthy and drive the Poor and what used to be the Middle Class deeper and deeper into poverty. The Titans of industrial agriculture and infrastructure projects, and the retailers of sporting goods, clothing, and other sweatshop-oriented industries have ravaged and chemicalized lands that once supported thousands of small farmers. At the same time, they’ve created working conditions akin to slavery.
  • Economic hit men (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 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. I should know; I was an EHM.

Zeitgeist Addendum (2008)

Link to text

  • We used many techniques, but probably the most common is that we will go to a country that has resources that our corporations covet- like oil- and we will arrange a huge loan to that country from an organization like the World Bank or one of its sisters. But almost all of the money goes to U.S. corporations, not to the country itself, corporations like Bechtel and Halliburton, General Motors, General Electric, these types of organizations, and they build huge infrastructure projects in the country- power plants, highways, ports, industrial parks- things that serve the very rich and seldom even reach the poor.

    In fact the poor suffer because the loans have to be repaid, and they are huge loans, and the repayment of them means that poor won’t get education, health, and other social services and the country is left holding a huge debt, by intention. We go back, we economic hitmen, to this country and say, “Look, you owe us a lot of money. You can’t repay your debts, so give us a pound of flesh”.

  • As soon as one of the anti-American presidents is elected, one of us goes in and says, “Hey, congratulations Mr. President. Now that you are president, I just want to tell you that I can make you very, very rich, you and your family. It’s several million dollars in this pocket, if you play the game our way. If you decide not to, over in this pocket, I’ve got a gun with a bullet with your name on it, in case you decide to keep your campaign promises and throw us out. Sell our oil companies your oil real cheap, or vote with us at the next UN vote, or send troops in support of ours to some place in the world such as Iraq”, and in that way, we have managed to build a world empire with very few people actually knowing that we have done this.
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