Wisdom Fund: CONFESSIONS OF AN ECONOMIC HIT MAN

2004-11-12

Richard Moore

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Date: Tue, 09 Nov 2004 19:49:56 -0500
Subject: CONFESSIONS OF AN ECONOMIC HIT MAN
From: The Wisdom Fund <•••@••.•••>
To: Richard Moore  <•••@••.•••>

THE WISDOM FUND News & Views
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November 9, 2004
CONFESSIONS OF AN ECONOMIC HIT MAN

Confessions of an Economic Hit Man reveals a game that,
according to John Perkins, is "as old as Empire" but has taken
on new and terrifying dimensions in an era of globalization.
And Perkins should know. For many years he worked for an
international consulting firm where his main job was to
convince LDCs (less developed countries) around the world to
accept multibillion-dollar loans for infrastructure projects
and to see to it that most of this money ended up at
Halliburton, Bechtel, Brown and Root, and other United States
engineering and construction companies. This book, which many
people warned Perkins not to write, is a blistering attack on
a little-known phenomenon that has had dire consequences on
both the victimized countries and the U.S.

John Perkins was recruited by the National Security Agency
during his last year at Boston University's School of Business
Administration, 1968. He spent the next three years in the
Peace Corps in South America and then in 1971 joined the
international consulting firm of Chas. T. Main, a Boston-based
company of 2000 employees that kept a very low profile. As
Chief Economist and Director of Economics and Regional
Planning at MAIN, his primary job was to convince Less
Developed Countries (LDCs) around the world to accept
multibillion dollar loans for infrastructure projects and to
see to it that most of this money ended up at MAIN, Bechtel,
Halliburton, Brown and Root, and other U.S.
engineering/construction companies. The loans left the
recipient countries wallowing in debt and highly vulnerable to
outside political and commercial interests.

Perkins resigned his position at MAIN in 1981. He founded and
became CEO of Independent Power Systems, pioneering
technologies that promoted the use of "waste" power plant heat
in hydroponic greenhouses and other cogeneration applications.
In 1990, he sold IPS and founded a nonprofit organization,
Dream Change Coalition, which works closely with Amazonian and
other indigenous people to help preserve their environments
and cultures.

John began writing Confessions of an Economic Hit Man several
times during the past two decades. He was persuaded to stop by
lucrative business offers that were contingent on his silence.
"Now," he says, "we have entered the new millennium.
Nine-eleven happened. My daughter has grown up and left home.
The time has come. . ."

 
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Richard Moore (rkm)
Wexford, Ireland

"Global Transformation: Whey We Need It And How We Can Achieve It", current 
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