fezz
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Where's my red hat?
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Today I read the speech War is a Racket by Major General Smedley Butler.
Butler was America's most decorated soldier and General in the US forces and wrote this speech (1934) along with several other essays and books on the subject of war and the massive profits war generates for a select few, and why we will always have war in the capitalist state. As long as Gordon Gecko's words are sustained, Greed is Good, young men and women will be sent to war for profit.
The next book I have just begun is Confessions of an Economic Hitman by John Perkins.
Excerpts:
"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 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 and terrifying dimensions during this time of globalization."
and
"It is one part of the struggle for world domination and the dream of a few greedy men, global empire. That is what we EHMs do best: we build a global empire. We are an elite group of men and women who utilize international financial organizations to foment conditions that make other nations subservient to the corporatocracy running our biggest corporations, our government, and our banks. Like our counterparts in the Mafia, EHMs provide favors. These take the form of loans to develop infrastructure — electric generating plants, highways, ports, airports, or industrial parks. A condition of such loans is that engineering and construction companies from our own country must build all these projects. In essence, most of the money never leaves the United States; it is simply transferred from banking offices in Washington to engineering offices in New York, Houston, or San Francisco. Despite the fact that the money is returned almost immediately to corporations that are members of the corporatocracy (the creditor), the recipient country is required to pay it all back, principal plus interest. If an EHM is completely successful, the loans are so large that the debtor is forced to default on its payments after a few years. When this happens, then like the Mafia we demand our pound of flesh. This often includes one or more of the following: control over United Nations votes, the installation of military bases, or access to precious resources such as oil or the Panama Canal. Of course, the debtor still owes us the money—and another country is added to our global empire."
Sounds familiar...Ukraine is the latest to join the money / debt merry go round. When it can no longer meet its debt obligations, I'm sure we'll see another US military base installed closer to Russia and the bleeding of Ukraine's natural resources to the highest bidder.
If I were to be cynical, it would appear that there is an EHM play going down right now in Australia.
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