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The Extended Confessions Of An Economic Hit Man

Tyler Durden's picture




 

The book "Confessions of an Economic Hit Man" by John Perkins is easily one of the most engrossing pieces of non-fiction one can read to learn about the true drivers behind globalization, espionage, corporate cronyism, the emergence of such "artificial" organizations as the World Bank and the IMF, and most importantly, debt "enslavement", all as seen from an insider's view. It explains in simple words why over the past 40 years the developing world paradigm has been exploited as heavily as it has, why the BRIC concept was instrumental as a Red Herring to perpetuating the myth of endless growth, and why credit must always flow no matter what to keep the status quo in power. For those who have read the book, and for those who are on the fence about reading it, below we present the three part presentation by John Perkins at the 2006 Veterans for Peace National Convention in which he expounds on all the key ideas in his book, and does an extended Q&A covering topics not discussed previously. We urge everyone to spend at least a few minutes listening to Perkins who gives a unique and non-conflicted expert opinion on the primary force for why the the modern equivalent of enslavement is not by force, but by debt.

Part 1

Part 2

Part 3

And for the truly time-constrained we recommend the following blurb which encapsulates the key elements from the book, and Perkins' life.

 

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Sat, 05/21/2011 - 01:03 | 1297653 Yen Cross
Yen Cross's picture

 sadly you are divorced. 30-35 wannabe age group!

Fri, 05/20/2011 - 18:04 | 1296880 Missiondweller
Missiondweller's picture

This guy sounds like a typical anti-capitalist left winger to me.

I hear all this crap all the time in San Francisco.

Fri, 05/20/2011 - 18:07 | 1296886 JW n FL
JW n FL's picture

you are a fantastic consumer.. and huffington post is that away ----> Baa Bye Now!

Sat, 05/21/2011 - 01:01 | 1297655 Yen Cross
Yen Cross's picture

 So we are right now?

Fri, 05/20/2011 - 18:30 | 1296903 Ident 7777 economy
Ident 7777 economy's picture

This guy sounds like a typical anti-capitalist left winger to me.

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To be expected from an event hosted by "Veterans for Peace" I suppose ...

 

http://archive.frontpagemag.com/readArticle.aspx?ARTID=7990

 

A key player in aiding ... young foot soldiers is the anti-war, anti-U.S. pro-totalitarian outfit Veterans for Peace (VFP).

 

Comprised of disgruntled and disillusioned veterans, VFP makes its membership available to help all counter-recruitment groups strengthen their anti-military message. In that capacity, VFP members give anti-military testimonials at high schools and colleges across the country and try to persuade students to not join the military. Like all major players in the movement, VFP has a solid history of sympathizing with America’s enemies including the Marxist Sandinistas and Fidel Castro.

 

 

 

Fri, 05/20/2011 - 19:40 | 1297014 Moe Howard
Moe Howard's picture

Wonder how many actual veterans belong, followed by how many are combat veterans.

Sat, 05/21/2011 - 00:46 | 1297609 Ident 7777 economy
Ident 7777 economy's picture

Sorta like the 'Union of Concerned Scientists'; an inflated membership ...

 

Fri, 05/20/2011 - 20:40 | 1297131 Seer
Seer's picture

Pure shit, just like everything else you post.

You're a lover of the empire, pure and simple.  Anyone who doesn't wave your fucking flag is a communist (for fuck's sake, isn't the communism-is-taking-over-the-world shift getting a bit long in the tooth?).

Sat, 05/21/2011 - 00:08 | 1297553 Yen Cross
Yen Cross's picture

 Cute Hyperlink.

Sat, 05/21/2011 - 09:52 | 1297624 Ident 7777 economy
Ident 7777 economy's picture

Pure shit, just like everything else you post.

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Sure, sure ; "move along now" Seer says, nothing to see here about the VFP ...

 

 

Sat, 05/21/2011 - 12:43 | 1298246 Ident 7777 economy
Ident 7777 economy's picture

"Veterans For Peace on National Archives 11-16-2008"

 

An encounter with a very paranoid individual (a member of VFP):

http://www.youtube.com/watch?v=aGcGfh9Wmh4

 

Notice their support vehicle - so old, it still has “Impeach Nixon” stickers on it!

The guy in the video is Jim Goodnow who was the guy who said "an evil Republican" death squad headed by Karl Rove and funded by Haliburton burned up his Impeachment Bus when he was camped out in New Jersey.

Notice also how he jumps when the helicopter flew over.

More -

http://thisainthell.us/blog/?p=5240

 

Sat, 05/21/2011 - 14:36 | 1298389 Kayman
Kayman's picture

"Some folks born... Made to wave the flag

Ooohhh that Red, White, and Blue.

Fri, 05/20/2011 - 21:08 | 1297205 Rick64
Rick64's picture

 I don't care if he is addressing Al Qaida, if the message is true. Listen to the words and do some research.

Sat, 05/21/2011 - 01:16 | 1297672 Ident 7777 economy
Ident 7777 economy's picture

 I don't care if he is addressing Al Qaida, i

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AS IF 3rd graders (or Al Qaida) could hold rational thoughts in their heads

 

The Facts Behind the 'Confessions' 

 

Last week I appeared on a radio show with an author named John Perkins. This man is a frothing conspiracy theorist, a vainglorious peddler of nonsense, and yet his book, "Confessions of an Economic Hit Man," is a runaway bestseller.

So now, out of concern for thousands of sufferers across this great nation, I offer up a Perkins antidote. If you see someone reading him, I want you to be prudent, approach cautiously and wait until the victim's fevers cool. Then administer these arguments.

The world, says Perkins, is governed by a shadowy "corporatocracy," an invisible empire of wealth and greed that deploys a combination of bribes, assassins and seductive women to enslave the poorest countries. Perkins served this empire as an "economic hit man," a consultant who bamboozled unsuspecting Asians and Latin Americans into borrowing too much, so puncturing their sovereignty. The loans financed lucrative contracts for American construction firms. Needless to say, Perkins is certain that they did not help poor people.

Perkins speaks with a beguiling purr, and you can see why he's greeted with standing ovations at bookstores across the country. Besides working as an economic consultant, he's written books about Latin American shamans, including one called "The World Is as You Dream It." But his account of international finance is itself largely a dream. Even if you believe the stories of seducers and assassins, which other journalists have questioned, Perkins's basic contentions are flat wrong. Sure, developing countries (like rich countries) borrow too much sometimes. But the poor don't always lose. Nor are corporations all-powerful.

 

More:
http://www.washingtonpost.com/wp-dyn/content/article/2006/02/26/AR200602...

 

 

Sat, 05/21/2011 - 12:41 | 1298218 Rick64
Rick64's picture

(from the article you posted)

and since 1980 the number of people living on less than $1 a day has fallen by about 200 million, even as the world's population has expanded rapidly.

   An earlier estimate of poverty—of 985 million living below the former international poverty line of $1 a day in 2004, down from 1.5 billion in 1981—was based on 1993 cost-of-living data which was the best available at the time.

  The new poverty numbers, which show that 400 million more people lived below the poverty line in 2005 than earlier thought, are benchmarked to the revised international poverty line of $1.25 a day in 2005 prices. This line is a good standard for assessing extreme poverty because it is the average of the national poverty lines for the world’s poorest 10 to 20 countries. World Bank Data

  The new poverty line is $1.25 a day, so if you make over this then you are not considered to be in poverty? Ridiculous. Add in rising food costs and other inflation then you have nothing.

 (from the article you posted)

 One study of 20,000 Indonesian manufacturing plants found that the average pay in foreign-owned factories was 50 percent higher than in local ones -- and also that foreign competition pushed local wages upward.

 So instead of paying 2 dollars a day, they paid 4 dollars a day. The workers of course had to work longer hrs. with no benefits or rights. So if they work 10-14 hrs. a day and make 4 dollars, whereas they would normally make 2 dollars a day for 8 hrs. then how much are they really benefitting.

Wages in Indonesiacontinue to be among the cheapest in Asia. In 2006, the minimum wage in Jakarta was Rp.819,100 (about $89) per month. In November 2006, the city announced that this would be raised to Rp.900,516 (about $99) for 2007. These minimum wage figures are similar to those of large Chinese cities. Average income for workers in Indonesia, however, remains close to minimum wage. In contrast, average wages are two to three times the minimum wage in Chinese cities.  http://www.pacificbridge.com/publication.asp?id=76

(from the article you posted)

 . Governments force citizens to pay taxes; firms can't force customers to do anything. Governments put citizens behind bars; citizens can use consumer power to put companies out of business. Governments have a monopoly on the right to impose laws, including laws that constrain corporate behavior; the fact that firms spend vast sums on lobbying is proof not only of their strength but also of their vulnerability

 The IMF can impose its policies on the government which then imposes these policies on the people. This is a big part of what Perkins is exposing. The fact that the companies spent large sums on lobbying tells me that they got exactly what they wanted. The article that you posted is the usual mainstream media bullshit.

 Such reservations towards assistance from the IMF are deeply ingrained here because it became clear that ‘’with the IMF’s involvement 10 years ago the crisis plunged deeper than necessary,’’ says Rizal Ramli, former finance minister and currently a presidential candidate for next year’s election. ‘’Indonesians do not want to taste the same bitter pill again.’’

‘’The damage done was huge,’’ he observed during an interview. ‘’The economy declined from a seven-percent growth rate before the IMF stepped in to a minus 13 percent growth rate. It was an economic depression on a scale we had never experienced since independence (from the Dutch in 1945).’’   http://ipsnews.net/news.asp?idnews=44862

 

Sat, 05/21/2011 - 12:44 | 1298253 Ident 7777 economy
Ident 7777 economy's picture

 

I think you lost focus with that post; what was your point?

 

Sat, 05/21/2011 - 15:36 | 1298503 falak pema
falak pema's picture

sour grapes...

Sat, 05/21/2011 - 17:36 | 1298810 Rick64
Rick64's picture

I guess you didn't read it, I read the article that you linked and posted excerpts from it then I posted my rebuttal to those excerpts. I'll sum it up for you, the article that you linked was bullshit.

Fri, 05/20/2011 - 23:28 | 1297480 CompassionateFascist
CompassionateFascist's picture

I hereby un-junk you 17(+) times.

Sat, 05/21/2011 - 00:06 | 1297549 Bananamerican
Bananamerican's picture

it's up to 19 now.....sorry

Fri, 05/20/2011 - 18:05 | 1296883 JW n FL
JW n FL's picture

So the Latino's are anti-corporation and understand democracy!

Lets vote them into citizenship then!

and here I thought that those 3rd World Laborers would be culled by a minuscule police showing.

Well, in 10 years or so.. When, we have a Latin Majority in this Country.. We may then have some real Democracy forced upon us in spite of jerry Springer re-runs being on! Maybe the Latinos can help teach us how to program Tivo!

The Grass Roots Message that I hear.. I don’t like.. the fluff floating around for everyone else sounds Great! Ex-Negotiator writes book and goes on multi-State Publicity Tour to Promote his Book on the Dirty Laundry of this Country..

If they did NOT! Want this guy spreading this message, he would have had a natural heart attack already. There is NOTHING! That comes out of his mouth except what is Father Land approved! You notice that takes the Heat off JP Morgan and Spreads it around to Corporations that distribute funds but have almost no holdings by comparison? Comedy!

Haliburton owns what? What do they have that anyone can attach too? Anyone?

Fri, 05/20/2011 - 18:13 | 1296892 Ident 7777 economy
Ident 7777 economy's picture

If they did NOT! Want this guy spreading this message, he would have had a natural heart attack already. There is NOTHING! That comes out of his mouth except what is Father Land approved! 

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Toss Alex Jones (of Austin Cable ACces and now infowars.com fame) in there too and you have a deal ...

 

 

 

Fri, 05/20/2011 - 22:41 | 1297385 JW n FL
JW n FL's picture

Alex Jones.. and I am just picking a number here so forgive my creative license.. 1 out of every 10 guests is a crack pot.. maybe more.. but he undermines himself.. and thusly all of the messages. thats my problem with Mrs. Jones!

 

So yes! SIR! we have ourselves a deal, now spit and shake!

Fri, 05/20/2011 - 20:41 | 1297139 Seer
Seer's picture

Tend to agree, too much vagueness.  Close to what all the TV-preachers do.  There's a basis in truth, but too much self-serving going on.

Fri, 05/20/2011 - 23:48 | 1297515 Rick64
Rick64's picture

JW

So the Latino's are anti-corporation and understand democracy!

 Read about what is going on in S.America. I think that it is very remarkable that they voted on a leader that ran on a platform that supported certain issues and when elected went back on his promises, and was promptly thrown out of office. Then he fled to Brazil. Wow. In the U.S. we would wait for this person to finish his term then elect another that would do the same, but instead they sent a messsage. I say Bravo, and this is just one example.

 There is NOTHING! That comes out of his mouth except what is Father Land approved! You notice that takes the Heat off JP Morgan and Spreads it around to Corporations that distribute funds but have almost no holdings by comparison? Haliburton owns what? What do they have that anyone can attach too? Anyone?

 So because he isn't dead then his message doesn't have any merit? So all the true messengers must be dead. Interesting theory.  Corporations have no holdings? Really? Haliburton owns what?  I guess corporations don't own anything. Yes the're all shell corporations. Your reasoning is ridiculous.  While banks may be a bigger culprit IMO we can at least break the weakest link in this chain, and yes we have the power. Unity is the key, but as long as we are fractionalized into small groups and unable to agree because of ridiculous reasons then we don't have a chance.

Sat, 05/21/2011 - 14:40 | 1298400 Kayman
Kayman's picture

Gentlemen, gentlemen:

Banks are corporations.

There is nothing inherently wrong with corporations.  There is everything wrong with corporate (and banking) monopolies.

Sat, 05/21/2011 - 15:00 | 1298428 falak pema
falak pema's picture

There is something inherently wrong with transnational corporations, that do not accept local risk, by diluting local responsibility by corporate structure play. But then, we are in the new age of globalization...it means the planet's a smaller place and belongs to no country, no corporate structure...as Perkins so wisely says...You Ayn Rand types are going to have to eat humble shit...ironically... instilled in their NWO by these very ex-Reaganisitc Ayn Randists/Milton Friedmanists , now NWO globalists...."Aint that a shame"...as the poet sang...as they sing the demise of nation state america...as Perkins so clearly predicts. But wants to correct in his idealistic quest.

Sat, 05/21/2011 - 16:04 | 1298547 Kayman
Kayman's picture

There is something inherently wrong with transnational corporations

1. The mother corporation generally acquiesces to the charter granted by the mother country.

2. It is countries competing through their proxies.

3. And there are no rules.  

Sat, 05/21/2011 - 20:23 | 1299190 JW n FL
JW n FL's picture

CIA Whistleblower talks about Heart Attack gun

http://www.youtube.com/watch?v=tzIw44w00ow&feature=share

Fri, 05/20/2011 - 18:17 | 1296896 Problem Is
Problem Is's picture

Read it, recommend it... For additional macro analysis add any works by Chalmers Johnson...

And of course the primers by Anthony C. Sutton...

Fri, 05/20/2011 - 18:12 | 1296897 Ecoman11
Ecoman11's picture

Check the DOW plunge -12,605.32 on Google Finance homepage http://www.google.com/finance

Here's the snapshot in case it's gone http://i56.tinypic.com/2rw6vio.png

Fri, 05/20/2011 - 18:31 | 1296911 lynnybee
lynnybee's picture

 thank you for these great YOUTUBE video clips !!    ......love listening to this !

Fri, 05/20/2011 - 18:35 | 1296922 toxic8
toxic8's picture

awesome, this guy really knows his stuff.. saw him first in Zeitgeist I believe.

 

if anyone is interested great book dealing with the subject material:

 

"Killing Hope"

http://www.amazon.com/Killing-Hope-C-I-Interventions-II--Updated/dp/1567...

 

I enjoyed it ... and I wanna just take a moment here and say

 

: always great to be part of the ZH community.

 

I fuckin love all you intelligent, questioning, skeptical, awake, SENTIENT human fucking beings.

 

From Brooklyn with Love,

 

http://toxic8.wordpress.com/

Sat, 05/21/2011 - 09:52 | 1298005 Ident 7777 economy
Ident 7777 economy's picture

awesome, this guy really knows his stuff.. saw him first in Zeitgeist I believe.

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Simply striking resonance with a few random sympathies in one's head does not 'awsome

'make'; see how one feels in the morning/on the day after at least (after the hangover) ..

 

Fri, 05/20/2011 - 18:39 | 1296923 Michael Victory
Michael Victory's picture

solid zh.

 

Fri, 05/20/2011 - 18:45 | 1296936 lynnybee
lynnybee's picture

O.M.G.,    THANK YOU TYLER !    I ABSOLUTELY LOVED THIS INTERVIEW & AM SENDING IT TO ALL MY FRIENDS & FAMILY !

Fri, 05/20/2011 - 20:18 | 1296958 cougar_w
cougar_w's picture

I really hate the financial industry. I don't even know why, I just do. It's some kind of instinct I have going for me. It's like those guys are from another planet, a planet that intends to eat us.

And on the subject of confessions:

I write fiction so I get to undo bankers in creative, meaningful ways. It really helps with anger management. See if you agree:

http://madscienceunlimited.com/fiction/aTearForTheSinner.html

If you decide to confess, and an actual angel shows up for the event, you confess like an honest bastard. Failing that, be sure you pre-negotiate her fee.

Fri, 05/20/2011 - 19:06 | 1296961 Econophile
Econophile's picture

This guy is full of crap. I never believed anything he said. All I recall is that he hated his father.

Fri, 05/20/2011 - 20:31 | 1297081 Reese Bobby
Reese Bobby's picture

Sounds that way to me as well.  Fringe guy who pretends to have been a player.  Too bad because some of his stories are relevant.  He comes across as someone who fabricated a book and didn't even bother to keep up to date with the evolution of real economic terrorism.  Next...

Fri, 05/20/2011 - 22:12 | 1297296 GoinFawr
GoinFawr's picture

Unlike you who knows all the contemporary machinations of our evil empire, and thwart them at every opportunity.

Can I get a link to the revealing tome you've composed? I'd love to review it.

jk, I know you haven't written anything anyone would want to read. Honestly though, have you actually read JP's EHM? Or are you just blowing smoke up our... noses? If so, what exactly did ol JP miss?

Remember: he was describing the view from his perspective, not from the position of those that put him there.

Sat, 05/21/2011 - 02:00 | 1297417 Yen Cross
Yen Cross's picture

 You have good posts. I missed you! Fukishima?

Fri, 05/20/2011 - 23:15 | 1297454 Reese Bobby
Reese Bobby's picture

I thwart them just as successfully as this ex-economist for a failed E&C firm: The Economic Twit Man.  You just like him because the gears in your heads move at about the same speed.

There is no "us" and "them."  There is only a global banking cartel without borders that controls the world.  You might want to look into it...

 

Fri, 05/20/2011 - 23:23 | 1297476 Yen Cross
Yen Cross's picture

 My cogs are slow right now.

Mon, 05/23/2011 - 21:21 | 1302178 GoinFawr
GoinFawr's picture

So, again, you have read the book then? I thought it was a straightforward question...

I mean, it`s not as if EHM is some toadying, dry-as-rice-vinegar 800 page `Ode to the Banksters` by Niall Ferguson; so if you haven`t bothered to take the short amount of time it should take to read it...

Sat, 05/21/2011 - 14:42 | 1298397 falak pema
falak pema's picture

I endorse everything he has said. I confirm on my honor as an ex-corporate from the oil sector, working in the ME oil world, that what he said about Saddam, Iraq/saudi is spot on. His whole analysis about US corporate America and their big play in the oil patch is picture perfect. I was there and I saw it, point by point, project by project, like he did, Iraq/Saddam included.

Fri, 05/20/2011 - 19:11 | 1296970 uno
uno's picture

Obama sold out within the first minute for the bait.

Fri, 05/20/2011 - 20:25 | 1297090 DeadFred
DeadFred's picture

Obama was born sold out, the only question is where.

Sat, 05/21/2011 - 14:49 | 1298412 Kayman
Kayman's picture

Hank Paulson gave BHO the package.

The price paid to incinerate "Hope and Change" ?  Yet to be determined.

Fri, 05/20/2011 - 19:12 | 1296974 zaknick
zaknick's picture

http://www.veteranstoday.com/2011/05/18/the-wall-street-and-drug-cartel-...

Prof Petras is a better source. For deep fascism read Dope Inc (the boom that drive Kissinger crazy) on thirdworldtraceller.com.

www.deanhenderson.wordpress.com is pretty good too.

Fri, 05/20/2011 - 19:49 | 1297022 buzzsaw99
buzzsaw99's picture

Where is momo robo? shouldn't s/he/it be touting the retail stocks? Come on robo, don't be shy, break out charts for the biggest percentage gainers of the day.

Fri, 05/20/2011 - 19:50 | 1297030 buzzsaw99
buzzsaw99's picture

Never mind, I'll do it.

 

BKS proves blah, blah, blah

ZLC proves blah blah blah

FL proves this and that

STV means an appetite for thus and such

CRM indicates strong diddly twat

Fri, 05/20/2011 - 20:15 | 1297067 cougar_w
cougar_w's picture

You forgot to mention LNKD, proving something or other.

Fri, 05/20/2011 - 20:24 | 1297095 buzzsaw99
buzzsaw99's picture

the msm didn't. spin cycle running today.

Fri, 05/20/2011 - 23:40 | 1297502 Yen Cross
Yen Cross's picture

  Thanks Buzz my cerebellum was eating some Timmay toast with capers( small green spice)  on top. I'm not Jewish.

Sat, 05/21/2011 - 08:08 | 1297909 Bob
Bob's picture

Funny, after reading a few comments here I was wondering the same thing.  Now I'm wondering if he has multiple aliases . . .

Fri, 05/20/2011 - 19:53 | 1297029 Crab Cake
Crab Cake's picture

We live in a company store from shore to shining shore. Corporations and bankers are the root of the rot. I am a capitalist through and through, but the notion of a corporation (rather than a partnership or sole proprietorship) is as abominable as the notion of unresource backed fiat currency. Debt is not money or wealth, and a corporation is not a person.

Sat, 05/21/2011 - 08:13 | 1297914 Bob
Bob's picture

Could anything be more inherently evil than legal absence of liability?  That's known as having responsibility where I come from.  Strange that the social and business fundamentalists--people who would scream about escape from full personal responsibility in any other context--see nothing wrong with this in the case of corporations.

Sat, 05/21/2011 - 12:52 | 1298039 Ident 7777 economy
Ident 7777 economy's picture

We live in a company store from shore to shining shore. Corporations and bankers are the root of the rot. I am a capitalist through and through, but the notion of a corporation (rather than a partnership or sole proprietorship)

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Hoo boy, where does one start with this ... who do you suppose in the way of partnership could 'get together' the capital to buy all the necessary gear and pay the people to form a semiconductor manufacturer (like a TI or Intel) ?

 

Do you know what the term 'investment' means?

How about 'stock certificate' and 'voting rights'?

 

 

Fri, 05/20/2011 - 19:58 | 1297038 TrustMeImADoctor
TrustMeImADoctor's picture

I liked it until the moment he said "Corporations are here to serve 1. their employees, 2. their customers .... ". I've heard that before I think, a guy named Lenin said a similar thing.

Sat, 05/21/2011 - 07:30 | 1297886 Bob
Bob's picture

There does seem to be some profound contradiction in the State chartering them as corporations, ostensibly a status confered to serve the public good, and then legally empowering them to live eternal lives as psychopathic "legal persons." 

The Corporation:

http://www.youtube.com/watch?v=MxAJ4g84xzE

Short of human greed per se, this is our fundamental problem.

Sat, 05/21/2011 - 15:26 | 1298468 falak pema
falak pema's picture

your reasoning stinks by its innuendo... nothing there except negativism by association...Just like a certain Joe McCarthy.

BTW : Lenin and customer satisfaction... makes me laugh and laugh...good poke at illogical reasoning at its summa cum laude.

Sat, 05/21/2011 - 16:08 | 1298557 Kayman
Kayman's picture

falak:

You clearly misunderstood Lenin.

"All customers will be satisfied or they will be shot."

Seems like a good mission statement to me.

Sat, 05/21/2011 - 17:56 | 1298852 falak pema
falak pema's picture

well if he said that he is Henry Ford's brother who said : any color provided its black.

Seems like a good mission statement to me.

Fri, 05/20/2011 - 20:07 | 1297053 dark pools of soros
dark pools of soros's picture

i don't have time to watch or read any of this, i just got another credit card in the mail and have to max it out on linkedin stock with a cash advance

Fri, 05/20/2011 - 20:21 | 1297083 Jiggityjiggs
Jiggityjiggs's picture

The documentary "Life and Debt" is another great reference

Fri, 05/20/2011 - 21:01 | 1297194 Bindar Dundat
Bindar Dundat's picture

 

OK I watched the clips.   I call BULLSHIT!

He had me in video one; the historic review of mutant capitalism is solid and accurate.  But he completely lost me as he transitioned to creating  democratic corporations!   When the companies first responsibility is to the welfare of the employees the term is socialism.  He then goes on to use the term egalitarian to define this utopian world he wants to live in.  Man this guy is a commie just fair and square. Call it what it is  but do not try to disguise it by going back to what  the "Fathers " wanted.....He is talking about the ultimate statism , nothing less.    Like I said: I call bullshit!

Sat, 05/21/2011 - 02:37 | 1297754 blunderdog
blunderdog's picture

Any good corporation exists primarily to make its employees miserable, it's true.

Sat, 05/21/2011 - 12:52 | 1298262 Ident 7777 economy
Ident 7777 economy's picture

+1 CNHSIB        (could not have said it better)

Fri, 05/20/2011 - 21:50 | 1297289 Ricky Roma
Ricky Roma's picture

Love this guy from Zeitgeist!!!!

Fri, 05/20/2011 - 21:56 | 1297291 nah
nah's picture

Sounds like libya....

.

builds their own schools, universities, hospitals, and underground aquaducts 'word wonder?'... but has oil... and so war it is

.

serious why the fuck are we involved with libya NATO style... WWIII jesus?

Fri, 05/20/2011 - 22:00 | 1297304 mophead
mophead's picture

But but... we're the good guys! Aren't we?

Fri, 05/20/2011 - 22:14 | 1297319 Island_Dweller
Island_Dweller's picture

This website and many other like it do much more to get to the root of our problem and that is DEBT BASED MONEY.

 

How many times did he refer to our system as capitalism?  What a joke.  How can you have a central bank issuing money, deciding the amount of money in circulation and the cost of that money as well as have a system whereby corporations have the advantage over actual human beings through something called "limited liability" and then call that system "capitalism".  I'm afraid this man has an agenda and and that is for us to go begging to our corporate masters to behave just as we are asked to go begging to our political masters to behave.  No thanks.

 

I thought the young woman who asked a question had a better approach and that is the system needs to go.  We need real money chosen by the people, not imposed fiat.  When you control the means of money creation, you control everything.

 

We don't need to beg our masters to play nice.  We need to get rid of them!  We need to get rid of the Fed and debt based money!

Sat, 05/21/2011 - 12:35 | 1298239 Boxed Merlot
Boxed Merlot's picture

We don't need to beg our masters to play nice. We need to get rid of them! We need to get rid of the Fed and debt based money!...

Couldn't agree more.

One of the "hiding in plain sight" truths is that the US system of government was established with the solution built into our founding documents.

The treasury department is charged with coining and circulating legal tender in weights and measures set by our elected legislators. They control our mints for this specific purpose.

The solution is equally simple. The treasury stops printing debt paper for trade to the privately held fed and begins printing US notes redeemable in intrinsically valuable coinage in weights and measures as established by our Congress. Problem solved.

If they or anyone wants to pay back their previously issued debt denominated in the now rapidly diminishing in value frns, (think confederate dollars), you / they would be at liberty to do so.

Fri, 05/20/2011 - 22:20 | 1297334 Kassandra
Kassandra's picture

Let's talk analogy here. I knew two persons who were both involved in covert ops in the 60's, 70's in Cambodia..they are both dead now so I can speak freely. I heard stories, totally sober stories when picking them up from the airport and then years later that were so unbelievable...yet they were true. Psych ops. Black ops. Insane ops. Basically, anything you could imagine, they were doing..and then some. These were trusted friends. So when I read about what I take as "Memoirs of an economic hit man", I am going to read it...and think, Hell yes. It's possible. And more than likely, it's true.

Fri, 05/20/2011 - 22:47 | 1297401 Yen Cross
Yen Cross's picture

 Let's dispose of this post and move on.

Fri, 05/20/2011 - 22:54 | 1297408 Ricky Roma
Ricky Roma's picture

+1 Totally

Fri, 05/20/2011 - 23:28 | 1297479 Yen Cross
Yen Cross's picture

 Thank You (buy the way)! Have a good weekend

Fri, 05/20/2011 - 22:51 | 1297404 holdbuysell
holdbuysell's picture

The credit used to indebt the countries is coming from the banks. He states this outright.

The banks are the problem; the corporations are cutting the deals to follow that debt to their own benefit.

His view is at the 50,000 foot view when the 100,000 foot view shows something much different of who is in control.

Can't fault him, as he's speaking from his own experiences.

Fri, 05/20/2011 - 23:01 | 1297422 Arkadaba
Arkadaba's picture

Long story short:

http://50.amnistie.ca/achoksi597

Best friend ever.

Fri, 05/20/2011 - 23:02 | 1297425 spekulatn
spekulatn's picture

C-H-A-R-L-A-T-A-N?

 

Fri, 05/20/2011 - 23:16 | 1297456 Yen Cross
Yen Cross's picture

Watched and understood. (R) you literate? Speak child! Your Forum is upon you!

Fri, 05/20/2011 - 23:10 | 1297447 palmereldritch
palmereldritch's picture

This link provides an animated depiction of the WB and IMF's strategy for ensuring economic freedom and protection of the global body politic.

http://www.youtube.com/watch?v=rrMq8uA_6iA&feature=related

Fri, 05/20/2011 - 23:18 | 1297458 Yen Cross
Yen Cross's picture

 When I finish my charts!

Fri, 05/20/2011 - 23:16 | 1297461 chindit13
chindit13's picture

Can't see his bonafides.  Never could.  Peace Corp volunteer and then a suit for a Boston-based consulting firm does not an insider make, though he certainly tries to portray himself as such.  Certainly doesn't scream, or even whisper "Bilderberg".  This is not someone in the "inner circle" who had access to the proverbial Black Box of the Illuminati;  it is someone on the periphery of the periphery who uses a few anecdotes and makes assumptions---all the while expecting that people who believe NOTHING from the USG or MSM will take as gospel EVERYTHING this one-time wantedtobe says, including his philosophical projections.  A good reporter, Matt Taibbi-style, could get infinitely better access than this guy, and a slew of people who might be ex or current Northrup Grumman, Lockheed Martin, Bechtel, Ralph Parsons, Gencore, JPM, NSA, CIA, FBI, Congressional aide---to name but a few---would be able to top this guy with their lips sewn shut, never mind writing a book.

His style is to take something rather innocuous but with words play the musical accompaniment of pounding bass notes, like a musical score in a Hollywood thriller, and create drama where there isn't really any.  The CTM contract to look at Saudi recycled petrodollars, noted in a comment above, is a perfect example.  Saudi Arabia was taking in billions of dollars selling oil.  They could invest it overseas, or at home.  If at home, what might they do---build lavish palaces or vertically integrate in the petroleum sector...or both?  What implications might that have for US business?  This is sinister?  If this is what constitutes sinister, we can all sleep as babes.

Hey, but if a guy can make a career out of it and gather a following of folks anxious to have someone...anyone...corroborate their geopolitical beliefs, more power to him.  Just take it all with a grain---salt or spirits, according to ones preferences.  Anyone who lets this guy construct his world view is being just a little lazy and lot too trusting, and risks being a sheeple of another stripe.

I saw above one poster's attempt to diminish another's skepticism of Perkins by asking why the first poster, being such an insider (ha ha), did not write his own book.  Maybe there isn't anything to say, and there are no grand plans or conspiracies?  Ever consider that?  Maybe the "secrets" (like bank lobbying, Wall Street favorite son status, etc.) are in plain sight?  Maybe reality, save for a few interesting anecdotes here and there, is pretty banal?  Maybe the problem isn't people with their heads buried in the sand, but rather those with their heads in the clouds?

Oh yes, as a disclaimer, I was paid slightly above minimum wage, a coupon for the Wednesday Night Shrimp Fry at Red Lobster, and two tickets in the right field bleechers for an upcoming Kansas City Royals baseball game for writing this.

Fri, 05/20/2011 - 23:50 | 1297525 palmereldritch
palmereldritch's picture

Chindit...stay away from those GOM shrimps!

Sat, 05/21/2011 - 01:50 | 1297715 Arkadaba
Arkadaba's picture

Please everyone stay away from those GOM shrimps!

Sat, 05/21/2011 - 16:49 | 1298670 Guy Fawkes Mulder
Guy Fawkes Mulder's picture

The CTM contract to look at Saudi recycled petrodollars, noted in a comment above, is a perfect example.  Saudi Arabia was taking in billions of dollars selling oil.  They could invest it overseas, or at home.  If at home, what might they do---build lavish palaces or vertically integrate in the petroleum sector...or both?  What implications might that have for US business?  This is sinister?  If this is what constitutes sinister, we can all sleep as babes.

Yeah. Sure. I'll be sleeping like a babe. Knowing that we took our planet's low-lying fruit, multiplied as far as it would take us, built a world empire with bullshit, fraud, and old-school feudal aggression, corrupted the Saudis like we corrupted everyone and anyone else who could be corrupted, and then exterminated most every member of all the African, Arabian, and Persian races in the early twenty-first century when the low-lying fruit stopped being so plentiful, so that my chosen race -- the white people -- could keep living like amoral, nihilistic, materialistic pigmen for a little bit longer.

...like a baby...

Back to the Ancients

http://www.joebageant.com/joe/2005/04/back_to_the_anc.html

Lost on the Fearless Plain

http://www.joebageant.com/joe/2010/05/lost-on.html

...both by Joe Bageant.

Sat, 05/21/2011 - 00:31 | 1297592 Rick64
Rick64's picture

Can't see his bonafides. Never could. Peace Corp volunteer and then a suit for a Boston-based consulting firm does not an insider make,

 I agree that he wasn't a top of the rung insider, he worked for Chas T. Main which was a small player when compared to the big boys like Bechtel and some others you mentioned. This doesn't mean he doesn't know how the system works or that he wasn't privy to some inside knowledge. I don't think its portrayed as a conspiracy, but the purpose is to inform and develope a more conducive system.

   You take the example of Saudi Arabia which was probably the least harmful of the many. Yes both sides benefitted. They needed those infrastructure projects and could afford them. Nothing wrong with that. The reason they entered into the financial agreement was to secure the royal family and their power. I would think that everybody in that country would be rich since the government owns the oil. I know they are taken care of and have many benefits (I know you know more about this than me), but the royal family is incredibly wealthy and seem to enjoy it much more than the citizens. Lavish palaces and some of the worlds largest yachts, and I believe this is a source of contention among other things. The other side of that is if they weren't in control then what would be the alternative. The lesser of two evils I guess. OTH the rest of the examples haven't been so lucky especially South America.

BTW disclaimer should be in small print.

Sat, 05/21/2011 - 01:25 | 1297692 fxrxexexdxoxmx
fxrxexexdxoxmx's picture

You post is Zero Hedge contributor George Washington's Kryptonite.

 

No way a person who writes as well as you do will voluntarily go to a KCR game free or not!

Sat, 05/21/2011 - 03:18 | 1297779 chindit13
chindit13's picture

KCR game? I disagree. Where better to be free to think, far away from anything even remotely resembling excitement?

Sat, 05/21/2011 - 02:47 | 1297762 blunderdog
blunderdog's picture

I know what you mean.  I never took With the Old Breed seriously, either.

The guy was a fuckin' PRIVATE. 

What could he possibly know about warfare?

Sat, 05/21/2011 - 05:59 | 1297847 anvILL
anvILL's picture

Thank you for the best counterargument so far.
I truely appreciate your posts.

Sat, 05/21/2011 - 07:45 | 1297891 Bob
Bob's picture

Chindit13, you're an accomplished and well-educated man.  I suppose that positions you to claim some "insider" status yourself.  So why rail against the messenger here--as a petty "conspiracy theorist," no less?  As you say, the "secrets" are in plain sight.  While it may reveal my "world view," I've lived way too long and witnessed far too many of my nation's excesses to reject Perkins' basic thesis. 

Do you?

Mon, 05/23/2011 - 21:36 | 1298309 GoinFawr
GoinFawr's picture

There is a large difference between derision and skepticism Chindit, as someone like you constantly pawning off one as the other well knows.

You steer clear from mentioning anything about JP`s descriptions of events in South America... too accurate?

Are you denying that there is a growing body of evidence supporting JP`s `confessions`?

So yes, his writing corroborates much, though not at all what you imply; `recurring themes` and all that cal. It kind of seems like you are suggesting that 'one always should be suspicious of anyone who provides evidence of anything if there exists anyone else who might agree with what they are claiming to be true'.

Ironically John Perkin's view, contrary to Chindit`s assertion, is that there are really `No Grand Conspiracies or Plans`, just a collection of like-minded individuals. This he spells out in no uncertain terms; something anyone would know if they had actually read the book before misrepresenting its conclusions and attempting to discredit its author.

Despite this lack of basic understanding of the author's premise, which would be nullified by simply reading EHM, our paternal Chindit would have us all believe that he has considered JP's position thoroughly, and found it wanting because Chindit erroneously concludes that it is nothing more than another opportunist's attempt to cash in on corroborating some vaguely defined, dissent-leaning world view; a 'world-view' which Chindit spends a considerable amount of his time on ZH denigrating(speaking of 'recurring themes').

A blunt instrument for bashing square pegs into round holes. Yeah, that's a tell.

To be honest I'm a bit shocked at the number of bobbing heads on ZH lending credence to this blowhard.

Regards

Sat, 05/21/2011 - 14:09 | 1298352 Urban Redneck
Urban Redneck's picture

It would appear Perkins went native.

Sun, 05/22/2011 - 14:05 | 1300149 GoinFawr
GoinFawr's picture

Does that take away from or add to his credibility? Or just signal the turning point of his conscience?

Mon, 05/23/2011 - 05:47 | 1301291 Urban Redneck
Urban Redneck's picture

Has nothing to do with his credibility, but would explain connecting the dots in a certain fashion.

Sat, 05/21/2011 - 16:23 | 1298581 Kayman
Kayman's picture

Maybe the problem isn't people with their heads buried in the sand, but rather those with their heads in the clouds?

Chindit- you (inadvertently?) overlooked the greatest head affliction of all. Headus Rectumus.

Sat, 05/21/2011 - 17:13 | 1298739 jm
jm's picture

Chindit:

You make it sound less like "confessions of an economic hit man" and more like "made up stuff by a jack ass".

I pretty much trust your judgement in these matters.  I want to do you a favor: GOM shrimp is better than the Royals. 

 

Fri, 05/20/2011 - 23:30 | 1297488 blindman
blindman's picture


floating around there is a saying
concerning pearls and swine.
i don't know why?
i can tell you i saw some skinned lambs
with frozen eyes dumped on a tailgate today,
moving on to the butchers knife and a hungry
and fat consumer base.
i thought they might be slender hogs but no,
just lambs. it is hard to tell if you're not used
to seeing animals frozen and relieved of their
skin. the jaw and teeth have a similarity
but what were they thinking? probably not too
much.

Fri, 05/20/2011 - 23:35 | 1297491 Yen Cross
Yen Cross's picture

 Tearing through your achronyms in the first paragraph.  Hollywood thrillers and bank lobying? Favoritism and secrets? LOBSTERS? 

 

     I really like you now! Credibility at it's best!

Fri, 05/20/2011 - 23:38 | 1297500 P-K4
P-K4's picture

A great find ! Much better than DTWTS or American Idol. Got me thinking. Thanks ZH.

Fri, 05/20/2011 - 23:49 | 1297514 Arkadaba
Arkadaba's picture

I'm only going to say this once - but Zerohedge guys are fucking stupid.  Rolling my head...

Fri, 05/20/2011 - 23:52 | 1297529 palmereldritch
palmereldritch's picture

Its spelld 'stoopid"...OKk?

Sat, 05/21/2011 - 00:16 | 1297559 Yen Cross
Yen Cross's picture

 U kids

Sat, 05/21/2011 - 00:29 | 1297589 High Plains Drifter
High Plains Drifter's picture

jerry......jerry........jerry........jerry........jerry............

Sat, 05/21/2011 - 01:21 | 1297685 metastar
metastar's picture

Rolling my eyes.

Sat, 05/21/2011 - 02:05 | 1297730 Yen Cross
Yen Cross's picture

  ME 2

Sat, 05/21/2011 - 00:29 | 1297583 BlackholeDivestment
BlackholeDivestment's picture

I read this guys book.

...well duh! we did not need the criminal to tell us he's a criminal but, he ''gotcha'' ta buy a criminals book and read his rape the world story, now that's something. You wanna fix things? ...let's get them all to write a book about how they destroyed everything. We will not recover in no time. If we just buy the shit their selling to save their own dusty arses, all is well. http://www.youtube.com/watch?v=zDAmPIq29ro

I did not get any ''salvation in Christ'' from this boy''. Some tears would be nice to see at least, from these people who should be in jail for the rest of their life. http://www.youtube.com/watch?v=wkNQjsgQNP0

Sat, 05/21/2011 - 00:31 | 1297585 High Plains Drifter
High Plains Drifter's picture

i read that book in 2005. i still have it around here somewhere. i thought it was total bullshit.......

Sat, 05/21/2011 - 00:44 | 1297622 MagicHandPuppet
MagicHandPuppet's picture

Rapture, Bitchez!

Sat, 05/21/2011 - 00:55 | 1297645 Rastindian
Rastindian's picture

greetings from india,

heres an interview given to some of the most objective,ruthless meme bashers I know

http://www.thedailybell.com/1791/Anthony-Wile-with-John-Perkins-on-His-B...

Sat, 05/21/2011 - 01:26 | 1297695 huckman
huckman's picture

This guy had nothing to offer.  Very weak.  A complete waist of time.

Sat, 05/21/2011 - 02:41 | 1297757 aleph0
aleph0's picture

This 3 hour Video is the detailed explanation of the CORPORATOCRACY that John has mentioned.

It is focussed on the USA and how States, Counties, towns , land etc. have all been surrupticiously "corporatized" .. literally  !

It is long, and sometimes too much detail, but it tells you where the money "is" , how the markets work ( and manipulated ) and why nothing has changed and possibly cannot change until people understand this.

Corporation Nation CAFR (Comprehensive Annual Financial Report)

http://www.youtube.com/watch?v=Oym2CxMENt8

 
The first 10 minutes seem boring .. but wait , the "Hammer" strikes afterwards !

Sat, 05/21/2011 - 02:55 | 1297767 The Heart
The Heart's picture

So Korea and Chinese leaders tour Fukushima area and our leaders do not even acknowledge there is anything wrong.

http://www.newser.com/article/d9nblnng0/chinese-skorean-leaders-in-japan...

So like, Japan was an ally like Pakistan was right? And now they are all gathering against the US. One wonders why?

War...and what more of it means. Are you personally ready for that?

And you the new Nazi America, do you remember what happened to the last Nazi country that went around attacking and killing all over the world for Empire, profit, and the greedy gains of a few?

 

Sat, 05/21/2011 - 07:50 | 1297897 anvILL
anvILL's picture

So like, Japan was an ally like Pakistan was right? And now they are all gathering against the US. One wonders why?

Uh.....That is because Japan is a country that buys plenty of long term treasuries to keep that financially radioactive hot potato from bursting into flames and it has enough U.S. troops in Japan to destroy that country in a matter of days.
By the way, what are you smoking?

Sat, 05/21/2011 - 03:07 | 1297774 tony bonn
tony bonn's picture

john is a true hero....although he has many sins for which to atone, he has gone a long way towards that by the escaping from mammon and warning others about the rapacious evils of the plutocrats....

his confessions are fascinating especially in his interview with talking stick also found on youtube....it is one more reason why i rail endlessly against rockefellers, soros, harrimans, bundys, thyssens and a host of other putrid shits who pollute this world with their crimes against humanity...

Sat, 05/21/2011 - 03:13 | 1297777 Yen Cross
Yen Cross's picture

 Tylers' crew can do anything. I am blessed! I believe in GOD!

 

    Long Live GOD!!!!!!!!!!!!!!!!!

Sat, 05/21/2011 - 14:33 | 1298390 falak pema
falak pema's picture

I thought your god was GOLD!

You always sounded dicy to me...

Sat, 05/21/2011 - 03:48 | 1297793 Yen Cross
Yen Cross's picture

 Ok on a lighter note. I'm going fishing.

Sat, 05/21/2011 - 03:55 | 1297798 Yen Cross
Yen Cross's picture

 I never lie.

Sat, 05/21/2011 - 04:07 | 1297807 The Navigator
The Navigator's picture

In the 1980's I was selling FCOJ (orange juice concentrate) on the world market, I would visit with the FAS (foreign ag service) agents in the US embassies in various countries.
The FAS agents would call up local companies & buyers on my behalf, call them into the embassy, strong arm them and say "buy it" - I'd come home and have orders, all due to the pressure the FAS agents could bring on local companies. Doing a trade show in Bahrain was the same - the FAS hitmen, would go to bat for you and force local companies to buy from American exhibitors - it was a 2 way trade; you pay to exhibit but you were guaranteed business.

This Empire has a strong arm that reaches every where. Those that call John Perkins story BS haven't done business internationally. We sell all kinds of crap in the world markets that isn't competitive and wouldn't otherwise sell unless our Empire forced it.

Sat, 05/21/2011 - 05:57 | 1297842 chindit13
chindit13's picture

Here is my own Grand Conspiracy Theory, and it is as legit as anyone’s.

The “Illuminati” are hiding in plain sight. They are covering up nothing. Everything is in the open for all to see, should they so choose. Political contributions, lobbying funds. Goldman CDS behavior…Bill Gross even stated in his investor letter that he was surprised how inexpensive it was to buy a Congressman.

And the reason the Elite put it all out there? Because they know that instead of going after the public data and the obvious, a large segment of those who care will convince themselves that the “real” secrets are far more insidious and damaging and waiting to be uncovered by a self-proclaimed non-sheeple and AWAKE person. So time and effort get wasted chasing ghosts and zephyrs, while the real crimes go unpunished.

The question then becomes do the “awake” really want change and accountability of the known and obvious systemic faults, or do they prefer to wallow in the comfort of their self-created and self-sought misery with like minded folk, trading ever more bizarre theories of even greater Cabalist control? I think it’s Conspiracy Hit Men, and they’re hitting themselves over the head.  I also think the "Illuminati" are laughing at how easy it is to have the other sheeple fool themselves.

Seems as good as any explanation.

Sat, 05/21/2011 - 08:02 | 1297906 Bob
Bob's picture

This characterization of Perkins' story as a grand "conspiracy theory" is cracking me up.  We all know that transnational corporations, US government agencies and international bankers function in exactly this manner.  It's no secret.  It's also in no way related to illuminati or other "conspiracy" theories.  It's simply the way the financial-governmental mobsters operate.

Why are so many people working so hard to make this seem so complicated here, me wonders. 

Mon, 05/23/2011 - 21:15 | 1298323 GoinFawr
GoinFawr's picture

Indeud. For someone who it appears has yet to read the book, Chindit is going all out to cast doubt on its assertions and the author's credibility, by misrepresenting them.

Sat, 05/21/2011 - 13:09 | 1298284 lizzy36
lizzy36's picture

Seem like a great explanation.

There is an old medical saying that i always keep in mind: "If you hear hoofbeats, think horses, not zebras."

Sat, 05/21/2011 - 14:43 | 1298402 downwiththebanks
downwiththebanks's picture

They sure spin a good fairy tale when it comes to alCIAda, don't they?

Made the whole world believe something that justifies a world war - without showing an iota of evidence.

Sat, 05/21/2011 - 07:10 | 1297877 Kyron95131
Kyron95131's picture

im a jhon perkins fan, i think his story is a piece of the macro story that's going on and part of helping people educate themselves as to whats going on in the world.

whats hes saying isn't disputed, or at least it shouldn't be.

cause it is what it is...

Sat, 05/21/2011 - 07:17 | 1297880 Bob
Bob's picture

Thanks for focusing attention on Perkins' work, Tyler!  With the head IMF spot up for grabs, it couldn't come at a better time.

Sat, 05/21/2011 - 07:45 | 1297893 peterAUS
peterAUS's picture

But that is how the CIA play it.

1.  The guy tells the story.

2.  Have the guy look like a conspiracy nut, and get a few newspapers to spread the story.

3.  Turn the guy into an alcoholic by making him believe that he is a nutter.

3.   Guy kills himself - mission accomplished.

Sat, 05/21/2011 - 08:32 | 1297921 Use of Weapons
Use of Weapons's picture

+1

His name was Gary Webb.

http://en.wikipedia.org/wiki/Gary_Webb

 

 

Sat, 05/21/2011 - 14:47 | 1298405 downwiththebanks
downwiththebanks's picture

Suicided by 2 gunshots the head.

Sat, 05/21/2011 - 14:59 | 1298424 Kayman
Kayman's picture

Uhhhh.... back of the head....

Sat, 05/21/2011 - 08:33 | 1297920 Al89
Al89's picture

Someone let Tyler know about NIA.

http://www.youtube.com/user/SchiffReport?blend=1&ob=5#p/a/u/0/e8M7Q9T4NfI

Peter Schiff on NIA pump and dump scam.

Sat, 05/21/2011 - 08:36 | 1297925 MiddleMeThis
MiddleMeThis's picture

Sorry if it's already been posted, but did anyone see this short animation of an interview with John Perkins?  Good stuff.  Pretty much sums everything up in two minutes:  http://www.youtube.com/watch?v=n7Fzm1hEiDQ&feature=player_embedded

 

Sat, 05/21/2011 - 09:26 | 1297954 Bob
Bob's picture

I had my doubts about two minutes, but it's true.  Nice!

Perkins: "I don't believe the cause is capitalism."

IMO, the cause is the corporate legal person who has amassed OPM and power that rivals that of sovereign states . . . yet (like States) has extremely limited liability.  It is no surprise that the people who rise to rule such organizations tend to be sociopaths.  The organization itself is legally discharged of any obligation to conscience.

Have you seen this movie?  http://www.youtube.com/watch?v=MxAJ4g84xzE

Sat, 05/21/2011 - 10:10 | 1298029 MiddleMeThis
MiddleMeThis's picture

I've not seen it.  Added it to my list on Netflix to watch! 

Well, since the Organizations ONLY mandate is profit, there is simply no room for conscience.

Sat, 05/21/2011 - 14:50 | 1298407 downwiththebanks
downwiththebanks's picture

That's what make the corporation the Capitalists PERFECT instrument.  When you turn everyone into parts, conscience becomes a distraction.

Benjamins Uber Alles

Sat, 05/21/2011 - 21:16 | 1299264 Bob
Bob's picture

Yeah, conscience is a distraction . . . until it becomes an impediment to profit, in which case it is worse than a weakness.  Then it is a devil to be slain.  Don't bring that thing to the office!

Bizarre that we've created such a creature and given him eternal life.  I can see how it happened back in the day before a middle class even existed, but fuck! something tells me that if this version of Frankenstein were put before us as a proposal, we'd say no thanks, that's what terrorists and diseases are for.  Too crazy to even contemplate.  Another government-grade entity to rule them all

Sat, 05/21/2011 - 09:36 | 1297977 Pseudo Anonym
Pseudo Anonym's picture

did not listen to all of it but I give Perkins the benefit of doubt that when he is talking about global "corporations", he is really meaning global banks which are corporations, such as the IMF, BIS, WB, etc which are privately owned enterprises.  Only banksters that fund gov'ts can come to a president and put a gun to his/her head.

 

Sat, 05/21/2011 - 13:47 | 1298324 falak pema
falak pema's picture

His description of the OIL patch in part 1 goes beyond the banks. Its the whole oil services lobby and their stranglehold on hard black assets to pay back debt. Very true. 

Sat, 05/21/2011 - 10:04 | 1298018 pauldia
pauldia's picture

Take a look at this study that you will not see on the Obama-Soros-GE-Immelt or Disney networks

Here are the findings of the study by Timothy Conley of the University of Western Ontario and Bill Dupor of Ohio State University showing that the stimulus plan passed in February 2009 was a major net economic loser. In the first paragraph of the study, the authors revealed their core estimate that the American Recovery and Reinvestment Act "created/saved 450 thousand government-sector jobs and destroyed/forestalled one million private sector jobs." That's a net loss of 550,000 jobs "destroyed/forestalled."

 

http://docs.google.com/viewer?a=v&q=cache:YNSYtiUTDiwJ:web.econ.ohio-sta...

http://docs.g

 

Sat, 05/21/2011 - 10:41 | 1298077 surfsup
surfsup's picture

The backside of exponential interest servicing always creates disruption -- many characters and attributions can be applied as scape goats but the truth is simple math.  

www.perfecteconomy.com

Sat, 05/21/2011 - 10:49 | 1298094 Monedas
Monedas's picture

Populist drivel ! Whiny populist drivel !

Sat, 05/21/2011 - 14:51 | 1298410 downwiththebanks
downwiththebanks's picture

Damn straight:  the banker-gangsters and their corporate boot-lickers do NOTHING wrong.  All the problems today come from the serfs wanting too much.

Sat, 05/21/2011 - 10:50 | 1298098 anony
anony's picture

Repititious, boring a few nuggets but very short on specific ways to truly undercut Corporations' executives.

The "HIT" that needs to be made against the Corp/acy, the assassination that needs to take place in the Board Rooms----big disappointment.

He's another critic without an alternate plan that is actionable.

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