Confessions of An Economic Hitman - Video Interview with Author John Perkins
December 6, 2007 | posted by Mobolaji Aluko (Archives)


 

 


 

 

 

"Confessions of An Economic Hitman" - Interview with Author John Perkins

 

 

 
 
 
 
 
 
 
 

 

http://en.wikipedia.org/wiki/Confessions_of_an_Economic_Hit_Man

Confessions of an Economic Hit Man

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Confessions of an Economic Hit Man (ISBN 0-452-28708-1) is a book written by John Perkins and published in 2004. It tells the story of his career with consulting firm Chas. T. Main. Before employment with the firm, he interviewed for a job with the National Security Agency (NSA). Perkins claims that this interview effectively constituted an independent screening which led to his subsequent hiring by Einar Greve, a member of the firm (and alleged NSA liaison) to become a self-described "Economic Hit Man."

According to his book, Perkins' function was to convince the political and financial leadership of underdeveloped countries to accept enormous development loans from institutions like the World Bank and USAID. Saddled with huge debts they could not hope to pay, these countries were forced to acquiesce to political pressure from the United States on a variety of issues. Perkins argues in his book that developing nations were effectively neutralized politically, had their wealth gaps driven wider and economies crippled in the long run. In this capacity Perkins recounts his meetings with some prominent individuals, including Graham Greene and Omar Torrijos. Perkins describes the role of an EHM as follows:

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 included 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.

The epilogue to the 2006 edition provides a rebuttal to the current move by the G8 nations to forgive Third World debt. Perkins charges that the proposed conditionalities for this debt forgiveness require countries to sell their health, education, electric, water and other public services to corporations. Those countries would also have to discontinue subsidies and trade restrictions that support local business, but accept the continued subsidization of certain G8 businesses by the US and other G8 countries, and the erection of trade barriers on imports that threaten G8 industries. Recent events in Bolivia and Tanzania are cited as examples of the effects of these proposed conditionalities.

The book's title was the title for an Anti-Flag song in the album For Blood and Empire. .....................................

 


 









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