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 w… - John Perkins

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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”.

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About John Perkins

John Perkins (born January 28, 1945) is an American author. He is best known for his book Confessions of an Economic Hit Man, in which Perkins claims to have played a role in an alleged process of economic colonization of Third World countries on behalf of what he portrays as a cabal of corporations, banks, and the United States government.

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The other thing we do, Amy, and what’s going on right now in Latin America is that as soon as one of these anti-American presidents is elected, such as Evo Morales, who you mentioned, in Bolivia, one of us goes in and says, “Hey, congratulations, Mr. President. Now that you’re president, I just want to tell you that I can make you very, very rich, you and your family. We have several hundred 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.”

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We also tried to do that to Saddam Hussein. When he didn’t come around, the economic hit men tried to bring him around. We tried to assassinate him. But that was an interesting point, because he had pretty loyal security forces, and in addition he had a lot of look-alike doubles, and what you don’t want to be is a bodyguard to a look-alike double and you think it’s the president and you accept a lot of money to assassinate him and you assassinate the look-alike, because if you do that, afterwards your life and your family’s isn’t worth very much, so we were unable to get through to Saddam Hussein, and that’s why we sent the military in...

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