Confessions of an economic hitman : pls read this link : www.wanttoknow.info/johnperkinseconomichitman#.Twxov89KCvs.facebook

Confessions of an Economic Hit Man is John
Perkins' fast-paced autobiography, which reveals
his career as an economist for an international
consulting firm. Perkins says he was actually
an "Economic Hit Man." His job was to
convince countries that are strategically
important to the United States to accept
enormous loans for infrastructure
development and to make sure that the
lucrative projects were contracted to U.S.
corporations.
Perkins takes the reader through his career and
explains how he created economic projections for
countries to accept billions of dollars in loans they
surely couldn't afford. He shares his battle with
his conscience over these actions and offers
advice for how Americans can work to end these
practices which have directly resulted in terrorist
attacks and animosity towards the United States.
What Is An Economic Hit Man?
Perkins defines economic hit men as "highly
paid professionals who cheat countries
around the globe out of trillions of dollars.
They funnel money from the World Bank,
the U.S. Agency for International
Development (USAID), and other foreign
‘aid' organizations into the coffers of huge
corporations and the pockets of a few
wealthy families who control the planet's
natural resources. Their tools include
fraudulent financial reports, rigged elections,
payoffs, extortion, sex, and murder. They play a
game as old as empire, but one that has taken on
new and terrifying dimensions during this time of
globalization."
In Perkins' case, he was hired as an economist for
the international consulting firm of Chas. T. Main,
Inc. (MAIN). He was told in confidential meetings
with "special consultant" to the company
Claudine Martin that he had two primary
objectives:
1. He was supposed to justify huge loans for
countries. These loans would be for major
engineering and construction projects, which
were to be carried out by MAIN and other U.S.
companies such as Bechtel, Halliburton, Stone &
Webster and Brown & Root.
2. He was supposed to help bankrupt the
countries that received these loans after the U.S.
companies involved had been paid. This would
make sure that these countries would remain in
debt to their creditors and would then be easy
targets when the U.S. needed favors such as
military bases, UN votes and access to natural
resources like oil.
Perkins' job was to produce economic growth
projections that would make the case for a variety
of major projects. If the U.S. decided to lend a
country money, Perkins would compare the
economic benefits of different projects such as
power plants or telecommunications systems. He
would then produce reports that showed the
economic growth the country would experience
due to these projects. These economic growth
projections needed to be high enough to justify
the loans. Otherwise, the loans would be denied.