Banco Mundial - Confessions of an Economic Hit Man

CONFESSIONS OF AN ECONOMIC HIT MAN

John Perkins

Copyright 2004 by John Perkins

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LIBRARY OF CONGRESS CATALOGING-IN-PUBLICATION DATA

Perkins, John, 1945
Confessions of an economic hit man / by John Perkins.
p. cm.
Includes bibliographical references and index.
ISBN: 978-1-57675-301-9 (hardcover)
1. Perkins, John. 1945 2. United States. National Security AgencyBiography.
3. EconomistsUnited StatesBiography. 4. Energy consultantsUnited States Biography. 5. Intelligence agentsUnited StatesBiography. 6. Chas. T. Main, Inc.
7. World BankDeveloping countries. 8. Corporations, AmericanForeign countries.
9. Corporations, AmericanCorrupt practices. 10. ImperialismHistory20th century.
11. ImperialismHistory21st century I. Title.
UB271.U52P47 2004
332.042092dc22
[B] 2004045353
First Edition
09 08 07 20 19 18 17 16 15 14 13 12 11
PDF E-book ISBN: 978-1-57675-512-9

Cover design by Mark van Bronkhorst. Interior design by Valerie Brewster.
Copyediting by Todd Manza. Indexing by Rachel Rice.

To my mother and father, Ruth Moody and Jason Perkins, who taught me about love and living and instilled in me the courage that enabled me to write this book.

Economic hit men (EHMs) are highly paid professionals who cheat countries around the globe out of trillions of dollars. They funnel money from the World Bank, the U.S. Agency for International Development (USAID), and other foreign aid organizations into the coffers of huge corporations and the pockets of a few wealthy families who control the planets natural resources. Their tools include fraudulent financial reports, rigged elections, payoffs, extortion, sex, and murder. They play a game as old as empire, but one that has taken on new and terrifying dimensions during this time of globalization.

I should know; I was an EHM.

I wrote that in 1982, as the beginning of a book with the working title, Conscience of an Economic Hit Man. The book was dedicated to the presidents of two countries, men who had been my clients, whom I respected and thought of as kindred spiritsJaime Rolds, president of Ecuador, and Omar Torrijos, president of Panama. Both had just died in fiery crashes. Their deaths were not accidental. They were assassinated because they opposed that fraternity of corporate, government, and banking heads whose goal is global empire. We EHMs failed to bring Rolds and Torrijos around, and the other type of hit men, the CIA-sanctioned jackals who were always right behind us, stepped in.

I was persuaded to stop writing that book. I started it four more times during the next twenty years. On each occasion, my decision to begin again was influenced by current world events: the U.S. invasion of Panama in 1989, the first Gulf War, Somalia, the rise of Osama bin Laden. However, threats or bribes always convinced me to stop.

In 2003, the president of a major publishing house that is owned by a powerful international corporation read a draft of what had now become Confessions of an Economic Hit Man. He described it as a riveting story that needs to be told. Then he smiled sadly, shook his head, and told me that since the executives at world headquarters might object, he could not afford to risk publishing it. He advised me to fictionalize it. We could market you in the mold of a novelist like John Le Carr or Graham Greene.

But this is not fiction. It is the true story of my life. A more courageous publisher, one not owned by an international corporation, has agreed to help me tell it.

This story must be told. We live in a time of terrible crisisand tremendous opportunity. The story of this particular economic hit man is the story of how we got to where we are and why we currently face crises that seem insurmountable. This story must be told because only by understanding our past mistakes will we be able to take advantage of future opportunities; because 9/11 happened and so did the second war in Iraq; because in addition to the three thousand people who died on September 11, 2001, at the hands of terrorists, another twenty-four thousand died from hunger and related causes. In fact, twenty-four thousand people die every single day because they are unable to obtain life-sustaining food. Most importantly, this story must be told because today, for the first time in history, one nation has the ability, the money, and the power to change all this. It is the nation where I was born and the one I served as an EHM: the United States of America.

What finally convinced me to ignore the threats and bribes?

The short answer is that my only child, Jessica, graduated from college and went out into the world on her own. When I recently told her that I was considering publishing this book and shared my fears with her, she said, Dont worry, dad. If they get you, Ill take over where you left off. We need to do this for the grandchildren I hope to give you someday! That is the short answer.

The longer version relates to my dedication to the country where I was raised, to my love of the ideals expressed by our Founding Fathers, to my deep commitment to the American republic that today promises life, liberty, and the pursuit of happiness for all people, everywhere, and to my determination after 9/11 not to sit idly by any longer while EHMs turn that republic into a global empire. That is the skeleton version of the long answer; the flesh and blood are added in the chapters that follow.

This is a true story. I lived every minute of it. The sights, the people, the conversations, and the feelings I describe were all a part of my life. It is my personal story, and yet it happened within the larger context of world events that have shaped our history, have brought us to where we are today, and form the foundation of our childrens futures. I have made every effort to present these experiences, people, and conversations accurately. Whenever I discuss historical events or re-create conversations with other people, I do so with the help of several tools: published documents; personal records and notes; recollectionsmy own and those of others who participated; the five manuscripts I began previously; and historical accounts by other authors, most notably recently published ones that disclose information that formerly was classified or otherwise unavailable. References are provided in the endnotes, to allow interested readers to pursue these subjects in more depth. In some cases, I combine several dialogues I had with a person into one conversation to facilitate the flow of the narrative.