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Economic Hit Men and the Jackals

Confessions of an Economic Hit Man by John Perkins
The Corporatocracy, is a small group of mostly very wealthy men who run the big corpororations. They have been building a global corporate empire since WWII, using following techniques:

a) Identify a third world country whose resources they want.
b) Arrange a huge loan to the country through the world bank.
This money buys them huge corporations like Haliburton, Bechtel, Brown etc.
to build infrastructure, power plants, roads, highways and industrial parks etc. for the rich.
c) Then send economic hit men to strike deals because the Country has no way of paying this debt. In most cases this is enough because most leaders are corruptable.
d) Jackals go in and overthrow governments as they tried with Hugo Chavez
e) When they fail, then come in the military: as is happening in Iraq.
(In 91 the Milltary could have killed Saddam, but were ordered not to, because he was still best candidate for the corporatocracy. They thought that he would be softened up for a deal after the invasion)

Lecture by John Perkins.
dur: 21min

Watch pt2 & pt3

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