How Greece Has Fallen Victim To "Economic Hit Men"

Tyler Durden's picture

"Greece is being 'hit', there's no doubt about it," exclaims John Perkins, author of Confessions of an Economic Hit Man, noting that "[Indebted countries] become servants to what I call the corporatocracy ... today we have a global empire, and it's not an American empire. It's not a national empire... It's a corporate empire, and the big corporations rule."



John Perkins, author of Confessions of an Economic Hit Man, discusses how Greece and other eurozone countries have become the new victims of "economic hit men."

John Perkins is no stranger to making confessions. His well-known book, Confessions of an Economic Hit Man, revealed how international organizations such as the International Monetary Fund (IMF) and the World Bank, while publicly professing to "save" suffering countries and economies, instead pull a bait-and-switch on their governments: promising startling growth, gleaming new infrastructure projects and a future of economic prosperity - all of which would occur if those countries borrow huge loans from those organizations. Far from achieving runaway economic growth and success, however, these countries instead fall victim to a crippling and unsustainable debt burden.

That's where the "economic hit men" come in: seemingly ordinary men, with ordinary backgrounds, who travel to these countries and impose the harsh austerity policies prescribed by the IMF and World Bank as "solutions" to the economic hardship they are now experiencing. Men like Perkins were trained to squeeze every last drop of wealth and resources from these sputtering economies, and continue to do so to this day. In this interview, which aired on Dialogos Radio, Perkins talks about how Greece and the eurozone have become the new victims of such "economic hit men."

Michael Nevradakis: In your book, you write about how you were, for many years, a so-called "economic hit man." Who are these economic hit men, and what do they do?

John Perkins: Essentially, my job was to identify countries that had resources that our corporations want, and that could be things like oil - or it could be markets - it could be transportation systems. There're so many different things. Once we identified these countries, we arranged huge loans to them, but the money would never actually go to the countries; instead it would go to our own corporations to build infrastructure projects in those countries, things like power plants and highways that benefitted a few wealthy people as well as our own corporations, but not the majority of people who couldn't afford to buy into these things, and yet they were left holding a huge debt, very much like what Greece has today, a phenomenal debt.

"[Indebted countries] become servants to what I call the corporatocracy ... today we have a global empire, and it's not an American empire. It's not a national empire ... It's a corporate empire, and the big corporations rule."

And once [they were] bound by that debt, we would go back, usually in the form of the IMF - and in the case of Greece today, it's the IMF and the EU [European Union] - and make tremendous demands on the country: increase taxes, cut back on spending, sell public sector utilities to private companies, things like power companies and water systems, transportation systems, privatize those, and basically become a slave to us, to the corporations, to the IMF, in your case to the EU, and basically, organizations like the World Bank, the IMF, the EU, are tools of the big corporations, what I call the "corporatocracy."

And before turning specifically to the case of Greece, let's talk a little bit more about the manner in which these economic hit men and these organizations like the IMF operate. You mentioned, of course, how they go in and they work to get these countries into massive debt, that money goes in and then goes straight back out. You also mentioned in your book these overly optimistic growth forecasts that are sold to the politicians of these countries but which really have no resemblance to reality.

Exactly, we'd show that if these investments were made in things like electric energy systems that the economy would grow at phenomenally high rates. The fact of the matter is, when you invest in these big infrastructure projects, you do see economic growth, however, most of that growth reflects the wealthy getting wealthier and wealthier; it doesn't reflect the majority of the people, and we're seeing that in the United States today.

"In the case of Greece, my reaction was that 'Greece is being hit.' There's no question about it."

For example, where we can show economic growth, growth in the GDP, but at the same time unemployment may be going up or staying level, and foreclosures on houses may be going up or staying stable. These numbers tend to reflect the very wealthy, since they have a huge percentage of the economy, statistically speaking. Nevertheless, we would show that when you invest in these infrastructure projects, your economy does grow, and yet, we would even show it growing much faster than it ever conceivably would, and that was only used to justify these horrendous, incredibly debilitating loans.

Is there a common theme with respect to the countries typically targeted? Are they, for instance, rich in resources or do they typically possess some other strategic importance to the powers that be?

Yes, all of those. Resources can take many different forms: One is the material resources like minerals or oil; another resource is strategic location; another resource is a big marketplace or cheap labor. So, different countries make different requirements. I think what we're seeing in Europe today isn't any different, and that includes Greece.

What happens once these countries that are targeted are indebted? How do these major powers, these economic hit men, these international organizations come back and get their "pound of flesh," if you will, from the countries that are heavily in debt?

By insisting that the countries adopt policies that will sell their publicly owned utility companies, water and sewage systems, maybe schools, transportation systems, even jails, to the big corporations. Privatize, privatize. Allow us to build military bases on their soil. Many things can be done, but basically, they become servants to what I call the corporatocracy. You have to remember that today we have a global empire, and it's not an American empire. It's not a national empire. It doesn't help the American people very much. It's a corporate empire, and the big corporations rule. They control the politics of the United States, and to a large degree they control a great deal of the policies of countries like China, around the world.

John, looking specifically now at the case of Greece, of course you mentioned your belief that the country has become the victim of economic hit men and these international organizations . . . what was your reaction when you first heard about the crisis in Greece and the measures that were to be implemented in the country?

I've been following Greece for a long time. I was on Greek television. A Greek film company did a documentary called "Apology of an Economic Hit Man," and I also spent a lot of time in Iceland and in Ireland. I was invited to Iceland to help encourage the people there to vote on a referendum not to repay their debts, and I did that and encouraged them not to, and they did vote no, and as a result, Iceland is doing quite well now economically compared to the rest of Europe. Ireland, on the other hand: I tried to do the same thing there, but the Irish people apparently voted against the referendum, though there's been many reports that there was a lot of corruption.

"That's part of the game: convince people that they're wrong, that they're inferior. The corporatocracy is incredibly good at that."

In the case of Greece, my reaction was that "Greece is being hit." There's no question about it. Sure, Greece made mistakes, your leaders made some mistakes, but the people didn't really make the mistakes, and now the people are being asked to pay for the mistakes made by their leaders, often in cahoots with the big banks. So, people make tremendous amounts of money off of these so-called "mistakes," and now, the people who didn't make the mistakes are being asked to pay the price. That's consistent around the world: We've seen it in Latin America. We've seen it in Asia. We've seen it in so many places around the world.

This leads directly to the next question I had: From my observation, at least in Greece, the crisis has been accompanied by an increase in self-blame or self-loathing; there's this sentiment in Greece that many people have that the country failed, that the people failed . . . there's hardly even protest in Greece anymore, and of course there's a huge "brain drain" - there's a lot of people that are leaving the country. Does this all seem familiar to you when comparing to other countries in which you've had personal experience?

Sure, that's part of the game: convince people that they're wrong, that they're inferior. The corporatocracy is incredibly good at that, whether it is back during the Vietnam War, convincing the world that the North Vietnamese were evil; today it's the Muslims. It's a policy of them versus us: We are good. We are right. We do everything right. You're wrong. And in this case, all of this energy has been directed at the Greek people to say "you're lazy; you didn't do the right thing; you didn't follow the right policies," when in actuality, an awful lot of the blame needs to be laid on the financial community that encouraged Greece to go down this route. And I would say that we have something very similar going on in the United States, where people here are being led to believe that because their house is being foreclosed that they were stupid, that they bought the wrong houses; they overspent themselves.

"We know that austerity does not work in these situations."

The fact of the matter is their bankers told them to do this, and around the world, we've come to trust bankers - or we used to. In the United States, we never believed that a banker would tell us to buy a $500,000 house if in fact we could really only afford a $300,000 house. We thought it was in the bank's interest not to foreclose. But that changed a few years ago, and bankers told people who they knew could only afford a $300,000 house to buy a $500,000 house.

"Tighten your belt, in a few years that house will be worth a million dollars; you'll make a lot of money" . . . in fact, the value of the house went down; the market dropped out; the banks foreclosed on these houses, repackaged them, and sold them again. Double whammy. The people were told, "you were stupid; you were greedy; why did you buy such an expensive house?" But in actuality, the bankers told them to do this, and we've grown up to believe that we can trust our bankers. Something very similar on a larger scale happened in so many countries around the world, including Greece.

In Greece, the traditional major political parties are, of course, overwhelmingly in favor of the harsh austerity measures that have been imposed, but also we see that the major business and media interests are also overwhelmingly in support. Does this surprise you in the slightest?

No, it doesn't surprise me and yet it's ridiculous because austerity does not work. We've proven that time and time again, and perhaps the greatest proof was the opposite, in the United States during the Great Depression, when President Roosevelt initiated all these policies to put people back to work, to pump money into the economy. That's what works. We know that austerity does not work in these situations.

"What I didn't realize during any of this period was how much corporatocracy does not want a united Europe."

We also have to understand that, in the United States for example, over the past 40 years, the middle class has been on the decline on a real dollar basis, while the economy has been increasing. In fact, that's pretty much happened around the world. Globally, the middle class has been in decline. Big business needs to recognize - it hasn't yet, but it needs to recognize - that that serves nobody's long-term interest, that the middle class is the market. And if the middle class continues to be in decline, whether it's in Greece or the United States or globally, ultimately businesses will pay the price; they won't have customers. Henry Ford once said: "I want to pay all my workers enough money so they can go out and buy Ford cars." That's a very good policy. That's wise. This austerity program moves in the opposite direction and it's a foolish policy.

In your book, which was written in 2004, you expressed hope that the euro would serve as a counterweight to American global hegemony, to the hegemony of the US dollar. Did you ever expect that we would see in the European Union what we are seeing today, with austerity that is not just in Greece but also in Spain, Portugal, Ireland, Italy, and also several other countries as well?

What I didn't realize during any of this period was how much corporatocracy does not want a united Europe. We need to understand this. They may be happy enough with the euro, with one currency - they are happy to a certain degree by having it united enough that markets are open - but they do not want standardized rules and regulations. Let's face it, big corporations, the corporatocracy, take advantage of the fact that some countries in Europe have much more lenient tax laws, some have much more lenient environmental and social laws, and they can pit them against each other.

"[Rafael Correa] ... has to be aware that if you stand up too strongly against the system, if the economic hit men are not happy, if they don't get their way, then the jackals will come in and assassinate you or overthrow you in a coup."

What would it be like for big corporations if they didn't have their tax havens in places like Malta or other places? I think we need to recognize that what the corporatocracy saw at first, the solid euro, a European union seemed like a very good thing, but as it moved forward, they could see that what was going to happen was that social and environmental laws and regulations were going to be standardized. They didn't want that, so to a certain degree what's been going on in Europe has been because the corporatocracy wants Europe to fail, at least on a certain level.

You wrote about the examples of Ecuador and other countries, which after the collapse of oil prices in the late '80s found themselves with huge debts and this, of course, led to massive austerity measures . . . sounds all very similar to what we are now seeing in Greece. How did the people of Ecuador and other countries that found themselves in similar situations eventually resist?

Ecuador elected a pretty remarkable president, Rafael Correa, who has a PhD in economics from a United States university. He understands the system, and he understood that Ecuador took on these debts back when I was an economic hit man and the country was ruled by a military junta that was under the control of the CIA and the US. That junta took on these huge debts, put Ecuador in deep debt; the people didn't agree to that. When Rafael Correa was democratically elected, he immediately said, "We're not paying these debts; the people did not take on these debts; maybe the IMF should pay the debts and maybe the junta, which of course was long gone - moved to Miami or someplace - should pay the debts, maybe John Perkins and the other economic hit men should pay the debts, but the people shouldn't."

And since then, he's been renegotiating and bringing the debts way down and saying, "We might be willing to pay some of them." That was a very smart move; it reflected similar things that had been done at different times in places like Brazil and Argentina, and more recently, following that model, Iceland, with great success. I have to say that Correa has had some real setbacks since then . . . he, like so many presidents, has to be aware that if you stand up too strongly against the system, if the economic hit men are not happy, if they don't get their way, then the jackals will come in and assassinate you or overthrow you in a coup. There was an attempted coup against him; there was a successful coup in a country not too far away from him, Honduras, because these presidents stood up.

We have to realize that these presidents are in very, very vulnerable positions, and ultimately we the people have to stand up, because leaders can only do a certain amount. Today, in many places, leaders are not just vulnerable; it doesn't take a bullet to bring down a leader anymore. A scandal - a sex scandal, a drug scandal - can bring down a leader. We saw that happen to Bill Clinton, to Strauss-Kahn of the IMF; we've seen it happen a number of times. These leaders are very aware that they are in very vulnerable positions: If they stand up or go against the status quo too strongly, they're going to be taken out, one way or another. They're aware of that, and it behooves we the people to really stand up for our own rights.

You mentioned the recent example of Iceland . . . other than the referendum that was held, what other measures did the country adopt to get out of this spiral of austerity and to return to growth and to a much more positive outlook for the country?

It's been investing money in programs that put people back to work and it's also been putting on trial some of the bankers that caused the problems, which has been a big uplift in terms of morale for the people. So Iceland has launched some programs that say "No, we're not going to go into austerity; we're not going to pay back these loans; we're going to put the money into putting people back to work," and ultimately that's what drives an economy, people working. If you've got high unemployment, like you do in Greece today, extremely high unemployment, the country's always going to be in trouble. You've got to bring down that unemployment, you've got to hire people. It's so important to put people back to work. Your unemployment is about 28 percent; it's staggering, and disposable income has dropped 40 percent and it's going to continue to drop if you have high unemployment. So, the important thing for an economy is to get the employment up and get disposable income back up, so that people will invest in their country and in goods and services.

In closing, what message would you like to share with the people of Greece, as they continue to experience and to live through the very harsh results of the austerity policies that have been implemented in the country for the past three years?

I want to draw upon Greece's history. You're a proud, strong country, a country of warriors. The mythology of the warrior to some degree comes out of Greece, and so does democracy! And to realize that the marketplace is a democracy today, and how we spend our money is casting our ballot. Most political democracies are corrupt, including that of the United States. Democracy is not really working on a governmental basis because the corporations are in charge. But it is working on a market basis. I would encourage the people of Greece to stand up: Don't pay off those debts; have your own referendums; refuse to pay them off; go to the streets and strike.

And so, I would encourage the Greek people to continue to do this. Don't accept this criticism that it's your fault, you're to blame, you've got to suffer austerity, austerity, austerity. That only works for the rich people; it does not work for the average person or the middle class. Build up that middle class; bring employment back; bring disposable income back to the average citizen of Greece. Fight for that; make it happen; stand up for your rights; respect your history as fighters and leaders in democracy, and show the world!

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The Delicate Genius's picture
The Delicate Genius (not verified) Jul 2, 2015 5:03 PM

the hell is going on in hungary these days?

TBT or not TBT's picture

If justice is at all poetic, then they're very Thirsty.   

Cognitive Dissonance's picture

The real question is....when (not if) will the international hit men feast upon the American carcass?

<The barbarians eventually arrive at every empire's gate, only to find it already looted from within.>

TBT or not TBT's picture

Red Dawn?   There's supposed to be a rifle behind every blade of grass.  Let's keep that myth up.  

The Delicate Genius's picture
The Delicate Genius (not verified) TBT or not TBT Jul 2, 2015 5:23 PM


wee-weed up's picture



Cognitive Dissonance:  The real question is....when (not if) will the international hit men feast upon the American carcass?
They already have been...

They've eaten all the meat...

Now they're down to sucking the marrow out of our bones as we speak.

greenskeeper carl's picture

This guy makes some good points, but his 'austerity is not the answer' line is a load of shit. 'Austerity is not the answer' therefore BORROWING more money they do not have and spending it is the answer to their woes? ISNT THAT WHAT GOT THEM INTO THIS MESS IN THE FIRST PLACE? Anti austerity is pro deficit spending, pro inflation , pro debt creation, and pro enslavement of your children and future generations.

Sure, Greece got a raw deal. They borrowed money they shouldn't have. The case can be made that they were tricked into it, I suppose. But all these ' austerity isn't the answer' people are charlatans. The solution to too much debt is not more debt. This guy sounds a little too 'krugman-ish' for my taste when he talks like that.

Crawdaddy's picture

Carl - what about the scenario all over the world where politicians (owned by banksters) spend the country into oblivion. Jacking up national debt over the objections of the voters? I doubt you voted for free shit but the day will come when the world has our ass under the microscope and starts questioning our choices. Its already started in the background. The west is a bunch of debt junkies. I'm not. You are not. The politicians are.

It is a stage managed charade.

The media points out how "those deadbeats" (insert country name here) are living beyond their means. The rest of the world is invited to look upon the deadbeats with a judgmental eye. Eventually everyone who is not in the deadbeat crosshairs all agree, yes, those bums were sucking the tit. Let them suffer. Let them eat out of trash cans.

It is a giant bankster psyop design to give them moral cover to steal what is left and enslave the population into a global debtor prison. The fact that Greece, or Cyprus, or any other country, has traits that make them an easier target is what gets them to the front of the "fuck them first" list in the first place.

We have to snap to the fact Greece, like Cyprus, Ukraine, is ORCHESTRATED. It is a means to an end. One world gov, one world money, one world religion.

NWO delende est.


SofaPapa's picture

He makes one very important point.

This is not going to happen because of the leaders.  Any leader who really sets himself against the corporatocracy is a marked man.

Until the population (of the world, yes: a very tall order) recognizes that their currency (which is their labor) is supporting this system, nothing changes.  We the People are creating this.  We are spending at Home Depot, McDonalds, Starbucks, Shittybank, Facebook, etc.  Every dollar that is spent is food for the beast.  That's a lot of food!

Advertising (marketing, to be more technical) is the most powerful foe against us.  Until people see the beast for what it is, there will not be change.

I used to use the word "evolve" a lot.  It is an evolution.  Our culture must evolve.  Or we continue down the road to economic slavery.  It's a choice.  What choice are we going to make?

Crawdaddy's picture

Nice discussion: a few vids for perusal for the peeps interested.

one man's perspective: The world today

one man's perspective: Evolution:




FIAT CON's picture

Sorry greenskeeper I like most of your comments but...

Austerity is not the answer, if you yourself were that far in debt, some due to foolishness and some due to being preyed upon, the only way out is throught default.

 I have read John's book and recomend it to all! 


Stormtrooper's picture

He did'nt say anything about taking on more debt. He said REPUDIATE THE DEBT. Do not pay the debt. Use resources to grow internal wealth.

Crawdaddy's picture

Obammy talked the talk too... until his opinion matttered. Then he was all mr assclown globaist

AnonG-Man's picture

The story goes like this.

The IMF rolled up to Greece and asked if they needed a loan.  They said it would be beneficial for all of Greece.  This is what they tell all countries they pilfer from.

Corps, Banks, and the Media pushed for a "Hell Yes" and spun a story that it would be, "a positive development."  Greece took a bite, and got the hook and sinker.

What the IMF did not tell them was that they (as in the IMF themselves, along with the ECB) knew they were giving Greece a loan they knew even way back then that would not be able to be fulfilled.  Only the Elites would profit in the end.

This is the equivalency of say - the Mortgage House bubble in the U.S. - in which Banks gave out loans to those they knew would not be able to pay it back and decided to gamble with the debts, eventually causing a collapse.

Some of this information is derived from the released Hellenic Parliament Commission findings regarding "illegal" odious debt.

The Delicate Genius's picture
The Delicate Genius (not verified) Cognitive Dissonance Jul 2, 2015 5:32 PM

I think the hit men currently feasting are and have long been supra-national.

stupid, sexy Stonecutters

WhackoWarner's picture

COG D  It has been going on for decades.  Is now advancing to 2016. (the palnned crash/theft)

The "One Bank" is looting the world, and you.  It is not International.  Never was.  Take a look at the study of "who controls the world?  leveraged control over economies.


Until humanity breaks this control of the "one bank" and all the tentacles...we march into slavery.

WhackoWarner's picture

Foor anyone with a brain.  Search out the study of who controls the world's wealth.  Take a peek at reality.  But behind that curtain of control is "the One Bank".  And some cannot blame them for shearing the sheep BUT now they play for control of the world.  And thing is?  They do no labour.  They plant no garden, Grow no food. Do absolutely nothing that advances life.  Matter of FACT; money-grubbing destruction and promotion of psychopaths is the gene pool here.


WHY do NO Rothschild family fortunes ever get publiished?  or the frigging Queen of England?  ANSWER is they bought off the media.  You see the published lists of the"billionaire rapists"  but that is the "B" list of syncophants.  The wannabe billionaires.  The GATES at the door.



Crawdaddy's picture

Why does every state leader visting the pope wear black? Why do they kiss his ring?

WOAR's picture

In the lands of Equestria...

mvsjcl's picture

"Far from achieving runaway economic growth and success, however, these countries instead fall victim to a crippling and unsustainable debt burden."


All the while paying off (or threatening) those very people needed to approve such "deals."

The Delicate Genius's picture
The Delicate Genius (not verified) TBT or not TBT Jul 2, 2015 5:29 PM

Hungary and China, sitting in a tree.

little surprised theres been nothing in zh about it [tmk].

Hungary kicked out a bunch of bankers and the IMF, shortly thereafter there was a bunch of stories about antisemitism in hungary {maybe they had merit, maybe they didn't, I'm just saying those stories appeared en masse shortly thereafter} and since then hungary has mostly dropped off the radar.

I don't know how much is truth or fiction. The Rothschilds are a real family but have become sort of Everyoman's Emmanuel goldstein.

our own politicians, corporate boards and bankers are fucking things up very nicely all nice and out in the open. Not sure why we need to resort to a cabal of stonecutters secretly pulling Dimon's strings, but in any event, Hungary seems to have broken off somewhat from the IMF's intended path.

regime change for thee but not for me??

doctor10's picture

Its called "asset-stripping' of a country-by banks and corporations.

The road map for these guys are the IRS reporting requirements-which detail where and who has all the internal assets.

The means are legislative -via regulation and taxation implemented by "bought" legislatures.(witness the recent TPP)

Immigration is critical to drowning native opposition to legislation; the immigration gates are generally opened prior to a major "bipartisan" asset-stripping project

The guys-your and mine "fellow countrymen" -making it all happen internally-make out pretty well.

lather, rinse , repeat throughout the Western World. Its getting pretty barren. They're trying to get their talons into Russia and China.

Greece has not been real compliant about the whole IRS reporting requirement thingy. They're about to be made an example of.

kaiserhoff's picture

There is a lot of truth in this.  The best outcome for the banksters is to kick the can forever, and keep booking fake profits.  Germany wants to stop the farce.  There is no practical mechanism for kicking a nation out of the EU.  There are ways to starve the banks of cash.  Underway, as we speak.

flash338's picture

Snake who eats own tail craps in own mouth.

 - ancient Chinese proverb


Charlie M.'s picture

How is Germany exactly doing this when Berlin is using the ECB's financial strangling threat to force the govts in Ireland, Spain and Portugal in order to pass banking losses onto those countries taxpayers?  Oh and they back it up with their own (German) taxpayers money as insurance...

An interesting doc on this by a German Journalist.

TBT or not TBT's picture

Oh, fuck off.  The virtuous Greeks, a minority, are a victim of the much larger Greek FSA.  

Salah's picture

Greece as a "victim"? ....fat chance.  How many "Greek victims" do you know living in the US?

TBT or not TBT's picture

Not following.   I said virtuous Greeks were victims, and the FSA were perpetrators.   

Peter Pan's picture

Greece has become a victim not only of hitmen, but also politicians, bankers, public servants, citizens' expectations, foreign nations and illegal refugees.

The only blameless victims in this sorry saga are the children as is always the case. 

TBT or not TBT's picture

Economic war is an asshole magnet, to paraphrase PJ O'Roarke.   So you have to assume Soros is in there too.  

Fun Facts's picture

Greece is a victim of the ZWO.

Just like every other Rothschild syndicate owned country including the USA.

q99x2's picture

When does bankster season open?

falak pema's picture

Reagan and Maggie ushered in the age of corporates dominating the political class. 

And today we have "inverted totalitarianism", where the corporates; aka the oligarchical capitalist class; run the elected who pick up the crumbs from the tables of the world Casino.

This is what Pax Americana has invented, unlike Europe's last century morph to Mussolini and Hitler, under similar circumstances; old totalitarian order of central government under Caesar's son. That timeline ended in 1945. Unless China and Russia reinvent it. As Japan and EU have bought into the US model. 

Its a return to the neo-feudal age; where the appearance of republican democracy is the tinsel curtain behind which works the true power structure; the Davos breed that controls the financial web and pays for the "big stick cum big data" industry. 

Greece is the basket case on the periphery of the Empire which should show the world, like in Ukraine, that rain falls mainly on the plains of those who align themselves to the will of the corporate oligarchs. That is the principle of "trickle down" oligarchy "compassion" where Uber charity projects replace honest long term investment by the State. Today the state looks after the rich. Period.

Will Greece oblige? 

The Delicate Genius's picture
The Delicate Genius (not verified) falak pema Jul 2, 2015 5:24 PM


falak pema's picture

it must be the delicate part of you that speaks.

The Delicate Genius's picture
The Delicate Genius (not verified) falak pema Jul 2, 2015 6:08 PM

or maybe you're just stupid?

TeethVillage88s's picture

Part of it is the Public Private Partnership.

Perkins mentions the Taking of Utilities and making them spoils for Corporations.

We keep doing this peace meal in the USA.

BRAC, Base Realignment and Closure, is multiphase US Congress Legislation to privatize Assets that belong to US Military who also has it's own Utilities on it's bases along with valuable repair, maintenance, manufacturing, testing, Engineering operations. They test everything and they engineer everything. You know they use consulting and that R&D is often by a contractor.

BRAC looked like an effort to give up leases and land and lose down military installations. Other Legislation dealt with review of possible employment reductions and troop reductions, but often employment was cut from the Federal Government while the same work was contracted out often on government facilities with government equipment.

In the 1990s they also used another trick with BRAC type Policy.

Facilities among the different services and government agencies were targeted based on Duplicate Functions for Reductions, Single Function within the Government for Testing of all kinds. Obviously this later mean in Kosovo War, Persian Gulf War, the Era after 911 that more contractor overtime was required and had little chance of being kept at normal level of expense and government workers & facilities could not even begin to address the war needs.

Even Ship Building and Retrofit was Targeted in the 1990s BRAC for Closure when there was little left.

Base Realignment and Closure for U.S. military bases

- 1988 Base Realignment and Closure Commission
- 1991 Base Realignment and Closure Commission
- 1993 Base Realignment and Closure Commission
- 1995 Base Realignment and Closure Commission
- 2005 Base Realignment and Closure Commission

Who's plan was it to Contract out & Privatize? Same people from WWI or WWII or Vietnam who were often caught in fraud. The Greater MIC & their Neocon brethren. Maybe the Rockefeller's and the Robber Barons in the Civil War. Call them what you like they are just Greedy, Lustful, Controlling, Hypocrites, Opportunists.

And since you don't want Inflation overtaking you or your debts to overtake you, then you will keep your mouth shut.

Today, no one knows what the DHS does or themselves how much they duplicate functions. What a joke.

A76 Privatization Studies:

A76 is a pretty broad subject as is BRAC.

Joe A's picture

The will finish everybody off with TPP, TTIP and other so-called ' free trade agreements' which are nothing else but ploys to strip countries and people of their wealth and sovereignty.

TBT or not TBT's picture

Being stripped and fucked is a common enough fantasy, in the feminine beach literature department.  

Joe A's picture

Coming to a beach near you.

i_call_you_my_base's picture

Defund and disband the IMF and World Bank. They are evil weapons.

Yen Cross's picture

 I can't wait to see how, Pari-Passu is delegated.

 For most Z/H fraternity, this is semantics.

Joebloinvestor's picture

Just the same as the S&L scandals only instead of taking over a bank and pillaging it, they took over a country.


Meremortal's picture

Old news. 



Lumberjack's picture

I know the feeling. 

JR's picture

In practice it’s a major corporate empire sweeping the world. But until the core of this empire is located, it becomes very difficult to block its advance. The source of the power that runs the empire, and it can’t be said enough, is the money printed out of thin air by the Fed that ultimately reaches selected corporations.. And now, included in the Fed’s circle of power, central banks around the world are confiscating the wealth of Greece, i.e., of the world.

The selected multinational corporations then have the money to buy parliaments, and Congress, while forcing a culture of domination that is more than economic; it is the power to force Third World immigration in America and Europe, to buy-out governing bodies to facilitate abortion, feminism, promiscuous sex,homosexual marriage and devastating war on sovereign countries.

 It is the power that allows pornography and corruption of officials and public morals in every Christian nation.

It is the triumph of evil over Western civilization

And speaking of corporations and politics, where does Macy’s get the power not only to dump Christmas but now Macy’s dumps Trump clothing line in response to immigration comments (New York Post)?

Whether you like Trump or not, the power that Macy’s has unjustly received from America’s rulers just vacated Trump’s free speech and the public’s right to know.

Does the public care enough to dump Macy’s?