The New Confessions of an Economic Hit Man

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by John Perkins


  8. See Jim Brunner, “Labor Group Disinvites Inslee over Boeing Tensions,” Seattle Times, July 20, 2015, www.seattletimes.com/seattle-news/politics/labor-group-disinvites-inslee-over-boeing-tensions; and Mike Baker, “Boeing to Throw Party to Thank Washington Lawmakers for $8.7B,” St. Louis Post-Dispatch, February 4, 2014, www.stltoday.com/business/local/boeing-to-throw-party-to-thank-washington-lawmakers-for-b/article_6d191691-9f07-5063-8e67-c2808ad4b302.html.

  9. Greg LeRoy, “Site Location 101: How Companies Decide Where to Expand or Relocate,” chap. 2 in The Great American Jobs Scam: Corporate Tax Dodging and the Myth of Job Creation (San Francisco: Berrett-Koehler, 2005); and Leroy, “Fantus and the Rise of the Economic War among the States,” chap. 3 in The Great American Jobs Scam.

  10. Philip Mattera and Kasia Tarczynska, with Greg LeRoy, “Megadeals: The Largest Economic Development Subsidy Packages Ever Awarded by State and Local Governments in the United States,” Good Jobs First, June 2013, www.goodjobsfirst.org/sites/default/files/docs/pdf/megadeals_report.pdf.

  11. Damian Carrington and Harry Davies, “US Taxpayers Subsidising World’s Biggest Fossil Fuel Companies,” Guardian, May 12, 2015, www.theguardian.com/environment/2015/may/12/us-taxpayers-subsidising-worlds-biggest-fossil-fuel-companies.

  12. Andrea Germanos, “‘Corporate Influence Has Won’: House Passes Anti-GMO Labeling Bill,” Common Dreams, July 23, 2015, www.commondreams.org/news/2015/07/23/corporate-influence-has-won-house-passes-anti-gmo-labeling-bill.

  13. Deirdre Fulton, “Exposed: How Walmart Spun an ‘Extensive and Secretive Web’ of Overseas Tax Havens,” Common Dreams, June 17, 2015, www.commondreams.org/news/2015/06/17/exposed-how-walmart-spun-extensive-and-secretive-web-overseas-tax-havens.

  14. Clare O’Connor, “Report: Walmart Workers Cost Taxpayers $6.2 Billion in Public Assistance,” Forbes, April 15, 2014, www.forbes.com/sites/clareoconnor/2014/04/15/report-walmart-workers-cost-taxpayers-6-2-billion-in-public-assistance.

  15. Greg Palast, Maggie O’Kane, and Chavala Madlena, “Vulture Funds Await Jersey Decision on Poor Countries’ Debts,” Guardian, November 15, 2011, www.theguardian.com/global-development/2011/nov/15/vulture-funds-jersey-decision.

  16. “Vulture Funds Case Study,” Jubilee USA Network, 2007, www.jubileeusa.org/vulturefunds/vulture-fund-country-studies.html.

  17. Palast, O’Kane, and Madlena, “Vulture Funds Await Jersey Decision.”

  18. Joseph Stiglitz, “Sovereign Debt Needs International Supervision,” Guardian, June 16, 2015, www.theguardian.com/business/2015/jun/16/sovereign-debt-needs-international-supervision.

  19. Laura Shin, “The 85 Richest People in the World Have as Much Wealth as the 3.5 Billion Poorest,” Forbes, January 23, 2014, www.forbes.com/sites/laurashin/2014/01/23/the-85-richest-people-in-the-world-have-as-much-wealth-as-the-3-5-billion-poorest.

  Chapter 44. Who Are Today’s Jackals?

  1. Sarah Lazare, “‘You Have a Choice’: Veterans Call On Drone Operators to Refuse Orders,” Common Dreams, June 19, 2015, www.commondreams.org/news/2015/06/19/you-have-choice-veterans-call-drone-operators-refuse-orders.

  2. “Top US General: Drones Are ‘Failed Strategy’ That ‘Cause More Damage,’” Democracy Now!, July 17, 2015, www.democracynow.org/2015/7/17/headlines/top_us_general_drones_are_failed_strategy_that_cause_more_damage.

  3. Mark Mazzetti et al., “SEAL Team 6: A Secret History of Quiet Killings and Blurred Lines,” New York Times, June 6, 2015, www.nytimes.com/2015/06/07/world/asia/the-secret-history-of-seal-team-6.html.

  4. “Is There a Drone in Your Neighbourhood? Rise of Spy Planes Exposed after FAA Is Forced to Reveal 63 Launch Sites across US,” Mail Online, April 2012, www.dailymail.co.uk/news/article-2134376/Is-drone-neighbourhood-Rise-killer-spy-planes-exposed-FAA-forced-reveal-63-launch-sites-U-S.html.

  5. “AP: FBI Using Low-Flying Spy Planes over US,” CBS News, June 2, 2015, www.cbsnews.com/news/ap-fbi-using-low-flying-spy-planes-over-us.

  6. “NSA Spying on Americans,” Electronic Frontier Foundation, accessed July 24, 2015, www.eff.org/nsa-spying.

  7. “Obama Bans Spying on Leaders of US Allies, Scales Back NSA Program,” Reuters, January 17, 2014, www.reuters.com/article/2014/01/18/us-usa-security-obama-idUSBREA0G0JI20140118.

  8. James Ball, “NSA Monitored Calls of 35 World Leaders after US Official Handed over Contacts,” Guardian, October 25, 2013, www.theguardian.com/world/2013/oct/24/nsa-surveillance-world-leaders-calls.

  9. “Statistics on the Private Security Industry,” Private Security Monitor, University of Denver, accessed August 12, 2015, psm.du.edu/articles_reports_statistics/data_and_statistics.html.

  10. “30 Most Powerful Private Security Companies in the World,” Security Degree Hub, January 11, 2013, www.securitydegreehub.com/30-most-powerful-private-security-companies-in-the-world.

  Chapter 45. Lessons for China

  1. Daniel Cancel and Lester Pimentel, “Ecuador’s Audit Commission Finds ‘Illegality’ in Debt (Update 5),” Bloomberg.com, November 20, 2008, www.bloomberg.com/apps/news?pid=newsarchive&sid=a8suBA8I.3ik.; and Mick Riordan et al., “Daily Brief: Economics and Financial Market Commentary,” Global Economic Monitor, December 16, 2008, www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2011/05/31/000356161_20110531005514/Rendered/PDF/612410NEWS0DEC0BOX0358349B00PUBLIC0.pdf.

  2. Mercedes Alvaro, “China, Ecuador Sign $2 Billion Loan Deal,” Wall Street Journal, June 28, 2011, www.wsj.com/articles/SB10001424052702304314404576412373916029508.

  3. There is disagreement over Ecuadorian debt and the way Chinese financing is interpreted. Some of this is due to divergent definitions of “loans” as opposed to “investments.” One interpretation is offered by Adam Zuckerman, who states, “Ecuador’s President Correa was well-rewarded for his trip last week to China, but this could have grave impacts for the Amazon and the people who live there. On Wednesday, Beijing agreed to lend Ecuador $7.53 billion to help the heavily oil-dependent economy cope with the recent drop in global crude prices. This latest sum — the largest China has ever lent Ecuador — brings Chinese financing to Ecuador to nearly $25 billion, over a quarter of the nation’s GDP. In 2013 Beijing provided 61 percent of Ecuador’s external financing and purchased 83 percent of Ecuador’s oil; this latest loan will undoubtedly bring both numbers much higher” (Zuckerman, “Eye on Ecuador: Racking Up the China Debt and Paying It Forward with Oil,” Amazon Watch, January 13, 2015, http://amazonwatch.org/news/2015/0113-racking-up-the-china-debt-and-paying-it-forward-with-oil). The Wall Street Journal analysis states, “Currently, China’s loans to Ecuador exceed $6 billion, including $1.7 billion to finance 85 percent of Coca Codo Sinclair, a hydropower plant to be built by China’s Sino-hydro Corp. in Ecuador, which will supply about 75 percent of the country’s energy needs” (Alvaro, “China, Ecuador Sign $2 Billion Loan Deal”). I’ve chosen to use the official government figures for debt, as reported in Ecuador’s El Commercio, July 29, 2015, “La prensa de EE.UU. alerta la dependencia de Ecuador a China.”

  4. “Ecuador: Over 50% of Oil Exports Went to China in September,” Latin American Herald Tribune, May 23, 2015, http://laht.com/article.asp?ArticleId=434747&CategoryId=14089.

  5. Andrew Ross, “Why Is Ecuador Selling Its Economic and Environmental Future to China?,” The Nation, December 18, 2014, www.thenation.com/article/193249/why-ecuador-selling-its-economic-and-environmental-future-china.

  6. Clifford Krauss and Keith Bradsher, “China’s Global Ambitions, with Loans and Strings Attached,” New York Times, July 24, 2015, www.nytimes.com/2015/07/26/business/international/chinas-global-ambitions-with-loans-and-strings-attached.html.

  7. “Total Value of US Trade in Goods (Export and Import) with China from 2004 to 2014,” Statista, accessed July 24, 2015, www.statista.com/statistics/277679/total-value-of-us-trade-in-goods-with-china-since-2004.

  ACKNOWLEDGMENTS

  Without the many people whose lives I shared and who are described in the previous pages, this book would not have been wr
itten. I am grateful for the experiences and the lessons.

  Beyond them, I thank the people who encouraged me to go out on a limb and tell my original story: Stephan Rechtschaffen, Bill and Lynne Twist, Ann Kemp, and Art Roffey; so many of the people who participated in Dream Change trips and workshops, especially my co-facilitators Eve Bruce, Lyn Roberts, and Mary Tendall; and my incredible ex-wife and partner of thirty years, Winifred, and our daughter, Jessica.

  I am grateful to the many men and women who provided personal insights and information about the multinational banks, international corporations, and political innuendos of various countries, with special thanks to Michael Ben-Eli, Sabrina Bologni, Juan Gabriel Carrasco, Jamie Grant, Paul Shaw, and several others, who wish to remain anonymous but who know who they are.

  Once the manuscript for the first edition was written, Berrett-Koehler founder Steve Piersanti not only had the courage to take me in but also devoted endless hours as a brilliant editor, helping me to frame and reframe the book. My deepest thanks go to Steve; to Richard Perl, who introduced me to him; to Nova Brown, Randi Fiat, Allen Jones, Chris Lee, Jennifer Liss, Laurie Pellouchoud, and Jenny Williams, who read and critiqued the manuscript; to David Korten, who not only read and critiqued it but also made me jump through hoops to satisfy his high and excellent standards; to Paul Fedorko, my agent; to Valerie Brewster for crafting the book design; and to Todd Manza, a wordsmith and philosopher extraordinaire.

  For this New Confessions of an Economic Hit Man, I want to thank Kiman Lucas, who encouraged me to keep going, organized and accompanied me on trips to countries she knows so well that played instrumental roles in the writing of this book, and whose fearless willingness to challenge my opinions, helped me immeasurably; my ex-wife, Winifred, who continues to support me in so many ways, whose generosity of heart seems limitless, and who is the wisest advisor any person could ever hope for; our daughter, Jessica, and grandson, Grant, who continue to empower me to do my best; Ali Yurtsever and Umut Tasa Yurtsever, Alper and Filiz Utku, and Berna Baykal, who facilitated my trips to Istanbul and are doing so much to change business and government leaders; Daniel Koupermann, who first connected me with the Achuar, made the Pachamama Alliance possible, and has been my friend and traveling partner on so many adventures; the people and leaders of the Achuar nation; once again, my literary agent Paul Fedorko, without whose ideas, editing skills, patience, and perseverance this book would not have been written; my publicists Peg Booth and Jessica Muto, who arranged so many of my speaking tours and media events; Becky Robinson and the team at Weaving Influence for working their magic on my website and social networking platforms, and Cathy Lewis and the team at C.S. Lewis & Co. Publicists, for their public relations expertise; my dear friend and the brilliant businessman Dan Wieden; my confidant and the genius entrepreneur Scott James; Dream Change’s inspirational guiding light and executive director, Samantha Thomas, and Llyn Roberts, who stepped back into my life at a time when her help was needed.

  At Berrett-Koehler, I once again owe so very much to Steve Piersanti for his amazing and brilliant talent as an editorial coach and cheerleader and for sculpting and shaping this book; Jenny Williams, for researching and preparing the extensive “Documentation” section; Alana Price, for contributing many entries to the “Documentation” section as well as much other research; Anita Simha and Claire Pershan, BK editorial interns and manuscript reviewers; Charlotte Ashlock, Anna Leinberger, Jeevan Sivasubramaniam, David Marshall, Neal Maillet, and Steve Piersanti (members of BK’s Editorial Department); Kristen Frantz, Katie Sheehan, Michael Crowley, Shabnam Banerjee-McFarland, Matt Fagaly, Zoe Mackey, and Marina Cook (members of BK’s Sales and Marketing Department); María Jesús Aguiló, Catherine Lengronne, Johanna Vondeling, and Leslie Crandell (members of BK’s International Sales and Subsidiary Rights Department); Lasell Whipple, Courtney Schonfeld, and Edward Wade (members of BK’s Design and Production Department).

  A special thanks to David Korten, Anita Simha, Lorna Garano, Mal Warwick, Maria Lewytzky-Milligan, Nic Albert, and Claire Pershan for reading the drafts of the manuscript and offering so many insightful suggestions and edits, and to radio broadcaster and author, Zohara Hieronimus, for suggesting to me the words “death economy” and “life economy.”

  I must thank all those men and women who worked with me at MAIN and were unaware of the roles they played in helping EHMs shape the global empire. I especially thank the ones who worked for me and with whom I traveled to distant lands and shared so many precious moments. Also Ehud Sperling and his staff at Inner Traditions International, publisher of my earlier books on indigenous cultures and shamanism, and good friends who set me on this path as an author.

  I am eternally grateful to the men and women who took me into their homes in the jungles, deserts, and mountains, in the cardboard shacks along the canals of Jakarta, and in the slums of countless cities around the world, who shared their food and their lives with me, and who have been my greatest source of inspiration.

  INDEX

  50 Years is Enough, 309

  9/11. See World Trade Center bombing

  Abbott, Tony, 328

  Abenaki, 20

  Abu Ghraib, 246

  Academi, 282

  Achuar, 197, 228, 230, 256, 283

  Adam Smith International, 330

  Afghanistan, 104, 193, 208, 281, 316, 332

  agribusiness, 110, 271, 327

  al-Qaeda, 219, 277

  ALBA, 215, 231, 236

  ALEC, 254, 332

  Allen, Ethan, 19

  Allende, Salvador, 12, 68, 81, 85, 152, 166, 234

  Amazon: indigenous peoples in, 20–21, 150–151, 196–199, 226–228

  oil in, 20, 150–151, 165, 169, 198–199, 230, 240, 254–256

  Ameen, Michael, 174

  American League of Lobbyists, 267

  American Legislative Exchange Council (ALEC), 254, 332

  Americans for Tax Fairness, 272

  Amin, Idi, 104, 146

  Amoco, 174

  Anglo American, 325

  Antwerp (fund), 337

  Apple, Tracy, 297

  Arab-Israeli wars, 89

  Arabian-American Oil Company, 141

  Arbenz, Jacobo, 12, 78–79, 81, 85, 152, 166, 234

  Arbusto, 174

  Arcadia Foundation, 236

  Argentina, 67, 130, 233, 263, 273–274, 281

  Arias, Arnulfo, 66, 188

  arms industry, 104–105, 210, 217, 252, 268, 330

  Arthur D. Little, 24

  Ashcroft, John, 267

  Ashland Oil, 171, 195

  Asian Development Bank, 49, 55, 60, 141

  Asian Infrastructure Investment Bank (AIIB), 286

  Assange, Julian, 332

  assassinations: 33, 222–225, 234–236, 252

  Roldós and Torrijos, xi, 165–169, 184–186, 217, 229, 233, 258, 284, 340–341

  tool of EHM and jackals, 277–279, 293, 336

  Associated Press, 279

  Association of Government Relations Professionals, 267

  austerity, 207, 274, 331, 337. See also debt; poverty

  Australia, 278, 328

  Awakening the Dreamer, 297

  Baer, Robert, 102

  Bahrain, 174

  Bandits Club, 260, 328

  Bangladesh, 266, 323

  Bank Information Center, 324

  Bank of America, 338

  Bankers Trust, 171

  Barclays, 241, 260, 315, 322, 323, 328

  Bechtel, 24, 27, 79–80, 86, 95, 98, 168, 170, 172, 183, 341

  Belgolaise Bank, 310

  BHP Billiton, 324–325

  bin Laden, Osama, xi, 104–106, 146, 193

  Blackwater, 282, 336

  Bloomberg, 335

  Boeing, 268–270, 330

  Bolívar, Simón, 70, 130

  Bolivia, 10

  Bolivarian Alliance for the Peoples of Our America (ALBA), 215, 231, 235

  Bolivarian Alternative, 236

  Bolshe
viks, 218–219

  Brazil, 130, 169, 234, 252, 273, 281, 286, 288

  British Petroleum, 30, 240

  Brown & Root, 24, 27, 95

  Bruce, Eve, 196–197

  Buen Vivir, 258

  Bunau-Varilla, Philippe, 66

  Bush, George H. W., 128, 163, 174–177, 185, 194;

  Middle East and, 174–175, 192

  multiple roles of, 79–80, 86–87, 105–106

  Panama and, 167, 186

  Bush, George W., 86, 106, 174, 208, 210–212

  CAFTA, 217

  Cambodia, 333

  Cameroon, 337

  capitalism, defined, 2, as empire, 179

  Carlyle Group, 106

  Carmona, Robert, 236

  Cartel (of banks), 260, 328

  Carter, Jimmy, 110, 112–113, 128, 153, 162–163, 167–168, 176, 252

  Carvajal, José, 153

  Casey, William J., 184

  Castillo, Carlos, Armas, 79

  Castro, Fidel, 67–68, 164

  Center for Economic and Policy Research, 314

  Center for Food Safety, 271

  Centre for Research on Multinational Corporations, 331

  Chadbourne and Parke, 171

  Chas. T. Main, Inc. See MAIN

  Chase Bank, 204, 238–239, 260, 270, 324, 328, 338

  Chávez, Hugo, 205–212

  Chemonics, 335

  Cheney, Richard, 86, 163, 187

  Chevron, 86, 152, 258

  Chevron-Texaco, 230–231

  Chicago school of economics, 177

  China, 11, 33, 67, 212, 283–288

  Chiquita Brands, 233, 236

  Christensen, Bryce, 311

  Chuchu, Sergeant. See Martinez, Jose de Jesus

  Chumpi, Shakaim, 199

  CIA. See US Central Intelligence Agency

  Citibank, 329–330

  Citigroup, 260, 324, 328, 335, 338

  Citizens Climate Lobby, 301, 303

  Citizens United v. Federal Election Commission, 254, 316

  “Claudine.” See “Martin, Claudine”

  Clinton, Bill, 86, 235–236, 281

  Clinton, Hillary, 235–236

 

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