A book by John Perkins

This book takes you on a wild ride into the world of ‘Economic Hit Men’ and how they riddle developing countries with so much crippling debt that they eventually succumb to the demands of the US and give up the power. We read about political leaders being assassinated or coming into ‘unfortunate accidents’ if they try to resist…

The New Confessions of an Economic Hit Man

Economic Hit-men are highly paid professionals who cheat countries around the globe out of trillions of dollars. They funnel money from the World Bank, the US AID and other foreign ‘aid’ organisations into the coffers of huge corporation’s pockets of a few wealthy families who control the planet’s resources.

Process of how it works

1. Give loans, If an EHM was successful, the debts were so large they were forced to default on their payments after a few years. After this EHM demanded their pound of flesh which would control over UN votes, installation of military bases or access to precious resources such as oil. Another country was then added to the global empire
2. Debt drowns the developing country
3. Money that would go to social services is diverted to pay off the debt.

Chapters being covered are as below:-

 An Economic Hitman is Born:-

John was an Economic hitman, he didn’t want to go in the draft and was told if he would join the NSA or he could avoid it. He thought he would fail the tests but they loved him not because of his knowledge or love for country, but his frustrations with life. Landed the job, was promoted from NSA to EHM at first not knowing what it was, he was given a job with a consultant company as an economist.

In for life:–

Started working in Indonesia when he was told that he would get promotions if he established himself as a good forecaster.

Taught him that his job was to

1. Justify huge international loans that would funnel money back to MAIN and other US companies through massive engineering and construction projects
2. Work to bankrupt the countries that received those loans (after they have paid the US contractors of course)

Specifically, he would produce studies that projected economic growth 20-25 years into the future

Selling my soul:–

He would plan forecasts, locating and designing power plants, transmission and distribution lines, and fuel transportation systems in a manner that would satisfy his projections. He was the key to the full plan.

The first time he was told that you have sold your souls to the devil. You are in it for the money and this shook  John to the core

A few days later, ‘Howard’ was taken ill with a severe attack. Howard’s parting words were “no need to cook the numbers, I will not be a part of that scam, no matter what you say about the miracles of economic growth”

Civilization on trial:–

A puppet show in Indonesia where they were showing acts. Nixon as a puppet lifting Vietnam off the map, then Afghanistan and Iraq, destroying the Muslim world saying “Muslim dogs” Give this one to the World Bank. See what it can do to make us some money off Indonesia” He lifted Indo off the map and put it in a bucket and then another puppet went up to Nixon as a politician. The Indonesian politician told Nixon to stop

An Indonesian asked John if he worked for the World Bank and he said no, i work for a private company.

In the context of shape, sizes, color, and religion the Indonesian girl asked: Are not you all the same?

John asked, “Why they had singled out Muslim countries instead of Vietnam”?

The student answered “Because that is the plan, Vietnam is a holding plan for the Muslim world” She talked about a book she read “Toynbee” which proclaimed the next war is not going to be  between capitalists and communists, but among Christians and Muslims

“Nations like ours are drowning in poverty but you don’t hear our cries for help. You shut your ears and label them radicalists or communists”

Several days later the Bandung politician, was struck killed by a hit and run driver.

The opportunity of a lifetime:–

John got promotions speedily due to his outrageous forecasting.

President and Hero:-

In 1903 Roosevelt sent Militia to Panama and took over the puppet government was installed to run the country. American zone on both sides for the waterway

Panama was ruled by a few wealthy families with connections to Washington

For the first time in history, a politician Torrijos stood up to Washington

He wanted freedom from the USA without forming alliances with the enemies.

The US could not use the communist shirade on him.

Conversations with the General:-

John got to meet with Torrijos .”The soldiers would not do it, the CIA is going to kill me” and he said, ” give me what is best for my people and I will give you all you want”.

Entering a new and sinister period in economic history:–

In 1970 the oil crisis occurred. Threatened to bring economic catastrophe that rivaled the great depression

The Saudi Arabian money laundering affair:–

In 1973 USA cooperated with Israel in a war against Arab countries.

On October 16, Iran and the 5 Arab Gulf states including Saudi Arabia announced a 70% increase in the price of oil. They also threatened to take all of their money out of USA banks. They downgraded their threats to a reduction of 5% every month until their political requirements were met. The oil embargo was short but immense. Prices went from 1.39 to 8.32 and politicians never forgot the lessons they learnt. Saudi Arabia was raised as a big player in the world of politics. Washington began negotiating with the Saudis offering to bring them into the 20th Century. They created the United States Joint Commission on Economic cooperation, JECOR.

JECOR relied on Saudi Arabia to hire American firms to build up Saudi Arabia. The goal was to build interdependence. Under evolving plans with Saudi families

Washington wanted the Saudis to maintain oil supplies and maintain price levels

Washington would offer unequal USA political and if necessary, military support, ensuring their continued existence as the ruler of their country

The Saudis were required to use the petrodollars to buy US government securities and the interest was spent to enable Saudi Arabia to emerge from a medieval society to modern

The only obstacle was to convince the Saudi Government of the deal

EHMs were assigned a man, John and he was taken to Prince W. to persuade him of the benefit to the country and to him personally as well.

Pimping and Financing Osama Bin Laden:–

In the 1980s the USA made no secret of its desire to have the house of SAAD bankroll Osama Bin Laden’s Afghan war against the Soviet Union. The stories in Vanity Fair October 2003 of the relationships between the house of Sad, Bush and Bin Laden family. Just a few days after 911, the wealthy Saudi Arabians including the Bin Laden family were whisked out on private jets

The American Republic vs Global Empire:–

John met a Paula who was a good chick who influenced him down the positive light, in Ecuador. Your government calls the people attacking your construction camps communists, terrorists, narcotics travelers, but the truth is they are just people with families who live on land that your company is destroying.

John said “If I quit someone else will fill my shoes.

I quit:-

Other people at Main were forced to question their own sanity for staying – easier for them to view John as someone who had lost his senses. Boss called him up and said he wanted to keep him on as an ‘expert witness’ – one of the clients threatened to leave because John was no longer on the case, and John proposed a retainer three times higher than his salary, and they accepted without blinking an eye. Spent the next few years on that retainer acting as an expert witness in a few different cases.

Ecuador’s Presidential Death:-

Ecuador President Roldos presented a new hydrocarbon law – reformed country’s relationship with oil companies, and oil companies threw everything at him (PR campaigns vilifying the president, lobbyists form Washington heading to Quito, bribes, threats, payoffs, buying politicians). Kicked SIL (Summer Institute of Linguistics) out of Ecuador, announced that all foreign interested, not just oil companies, were in trouble. Threatened that unless the followed his rules, they’d be kicked out too. He made an announcement at a big rally at the Olympic Stadium, then was flying to a small regional town . Roldos died in a fiery aeroplane crash on May 24, 1981″. the president had death threats; he even had two planes booked (a real and a decoy).

Panama: Another Presidential Death:-

Panama President Torrijos gave a eulogy for Roldos. Torrijos said he ‘refused to be intimidated’, but admitted he had nightmares of his own assassination. Kicked SIL out of the country, threatened foreign interests, refused to negotiate with the US or give in to Ronald Ragen’s demands. In August 1981, newspapers reported a small plane crashed into the mountains and there were no survivors.  Torrijos was dead.

The US Invades Panama:-

Wanted to renegotiate the Canal deal but Panamanian govt would not budge in return US invades.

I Take A Bribe:-

John starts writing his book, interviews some past colleagues. The world gets around, he gets approached to take a new job at Stone & Webster Engineering Company (SWEC).  He told him that he can write about anything, but not anything to do with MAIN or SWEC or past professions.  John was Offered a consultant’s retainer that was equivalent to a top executive’s salary to do a few days of work each year, on the condition that he does not do any writing about dodgy shit.

An EHM Failure in Iraq:-

Basically, US-funded Saddam Hussein, let him have free reign over his country, gave him heaps of money, on the condition that he promised continued oil supply to the US. “It hardly mattered that he was a pathological tyrant, that he had the blood of mass murders on his hands, or that his mannerisms and brutal actions conjured the image of Adolf Hitler”. “The US had tolerated and even supported such men many times before.

Was I Poisoned?:-

Was due to speak at the UN, Met with ‘reporter’ who had been pestering him for an interview, and drove him to his hotel. Suffered severe internal and lost half of the blood in his body, 70% of his large intestine had to be removed.

Lessons for China:-

China is the next wild cunt. Ecuador owed US $3b and was going to have as default. When US did not fund Ecuador or give it new debt, China stepped in and gave $1b, which quickly rose to $2b; eventually went up to $5.4

The New Confessions of an Economic Hit Man Conclusion:-

John Perkins introduced all about the Economic hitmen, how funding is raised and in international scenarios and how the political system plays for their benefits in War Affairs.

The New Confessions of an Economic Hit Man is most recommended to know and observe the real connections of Saddam Hussain with US government and also about Osama Bin Laden