The Confessions of an Economic Hit Man by John Perkins is a must read for all workers. It proves workers do not have a voice in the process of Globalization and Free Trade. It is a testimony of a man who thought he had it all until he realized how people are sacrficed at the altar of greed. Almost twenty years ago another man came forward too. Sir James Goldsmith wrote The Trap. As a highly successful corporate raider, he was best known for his raiding of BF Goodrich. He would find weak companies and try to take them over for pennies on the dollar. Then one day he realized what he was doing was not a good thing for society. He converted to a Populist Activist. He was active in France and England before he died dedicated to restoring local value added economies in the world.
It is time to prepare for the post-Globalization era. Free Trade is the tool of Globalization. It now has a long history of failures dating back as far as 1956 when the U.S. Federal Goverment first sponsored the moving of production and factories outside the USA. This evolved into the Maquiladora factory programs which now have more than a thirty year history of failures. The Mexican workers are still flocking to the USA seeking economic survival. Since NAFTA was passed the number of factories moved to Mexico have doubled and now NAFTA and GATT trade agreements have more than fourteen years of failures. It is obvious this chaos can not continue.
In the USA a working poor class has replaced a working middle class. Hurricane Katrina exposed a vast underclass in the USA living in a silent depression. These workers do not make enough money to support Globalization and Free Trade and an the upper class in the USA is not large enough to support it either. Pay back time has come with one of the lighting strikes being on home ownership. Foreclosures are breaking all records. Mayor Jackson in Cleveland Ohio is suing more than dozen home mortgage investors and banks. He calls what the did a white collar crime. His actions may prompt a class action suite. We had many warning signs while those in power and small upper class was enjoying the rewards. They have rode the horse of Globalization and Free Trade but now that horse is worn out and will not reach the finish line. It is over.
John Perkins steps forward to tell us his confession as an EHM ( Economic Hit Man ) who thought he was doing everything the right way but found he was being used by powers behind the World Bank. He found he betrayed the common man and the common good and God gave him the power to confess his mistakes. He was sent out as an Economist to set up nations around the world in a scheme of schemes by external powers outside the will of the people in the USA and other countries.
In the preface of his book, he says,
“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 (USAIS), and other foreign “aid” organizations into the coffers of huge corporations and the pockets of a few wealthy families who control the planet’s 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 terrifying dimenisions during this time of globalization.”
— ” I should know; I was an EHM. ”
You can get The Confessions of an Economic Hit Man at your public library. Read it before you vote.