Sunday, December 6, 2009

Confessions of An Economic Hitman

The Right Livelihood Award Ceremony - Stockholm

If you've ever wondered why the United States fights so many wars, and why poor countries remain poor, read this article. This is an interview from Amy Goodman's (above) "Democracy Now," featuring John Perkins, a self-described economic hitman. Perkins used to fly around the world convincing developing countries to take loans they could not afford. When the companies defaulted on the loans, the banks would seize their assets, oil, land, ect. If a leader refused to play ball, the military would simply invade the country and seize their assets. Sound familiar?


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G.A. Afolabi is a progressive blogger based on the Left Coast.