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View Diary: "I could hire one half of the working class to kill the other half." (42 comments)

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  •  Same as confessions of a corporate hitman (1+ / 0-)
    Recommended by:
    FarWestGirl

    in the 1990's. Great Butler quote.

    •  "Confessions of an Economic Hit Man" (2+ / 0-)
      Recommended by:
      FarWestGirl, eyesoars

      Good read by John Perkins.
      He and others would work to

      convince foreign governments to accept billions of dollars of loans from the World Bank and other institutions to build dams, airports, electric grids, and other infrastructure he knew they couldn't afford. The loans were given on condition that construction and engineering contracts went to U.S. companies. Often, the money would simply be transferred from one bank account in Washington, D.C., to another one in New York or San Francisco. The deals were smoothed over with bribes for foreign officials, but it was the taxpayers in the foreign countries who had to pay back the loans. When their governments couldn't do so, as was often the case, the U.S. or its henchmen at the World Bank or International Monetary Fund would step in and essentially place the country in trusteeship, dictating everything from its spending budget to security agreements and even its United Nations votes. It was, Perkins writes, a clever way for the U.S. to expand its "empire" at the expense of Third World citizens.
      Amazon review.

      -- We are just regular people informed on issues

      by mike101 on Sun Mar 17, 2013 at 04:21:35 PM PDT

      [ Parent ]

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