By Al Duncan
John Perkins wrote a book called Confessions of an Economic Hit Man, 2004. “Perkins was covertly recruited by the U.S. National Security Agency, and on the payroll of an international consulting firm. He traveled the world, Indonesia, Panama, Ecuador, Colombia, Saudi Arabia, Iran, and many other strategically important countries. His assignment was to implement policies that promoted the interests of the U.S. corporatocracy, a coalition of government, banks, and corporations.” Professing to alleviate poverty, Perkins encouraged third-world nation-heads to implement state-of-the-art industry, build a modern infrastructure, and ultimately revamp the nation”s military through bank loans. Perkins devised a program that engaged the services of his benefactors while immersing the target-nation into overwhelming debt. The compensation for these loans were conditioned upon the country”s natural resources, the labor force and the projected amount of money collected from taxation. This process indirectly conveyed control of the country to the corporatocracy.
If the targeted nation-heads rejected Perkins” program, the CIA was employed to overthrow the leaders by whatever means necessary. If the CIA”s attempts to fashion revolts were unsuccessful, the leaders were maligned by international media sources and labeled enemies of democracy. When hatred of these leaders peaked internationally, then embargoes and military invasion would follow.
Per the Economic Times of India, President and Mrs. Obama brought a 3,000-person entourage with them to Mumabi, ranging from U.S. government officials, engineering executives, energy executives, 250 investors and defense executives.” To utilize the services offered, India clinched a nuclear deal that allows it unlimited access to nuclear technology from USA and Nuclear Supplier Group.
Why did Obama take an entourage of government officials and chief executives of major industries to tour the Pacific Rim halfway around the world at American taxpayers” expense? We”re being told it”s to create jobs, but jobs for whom. America”s appetite for $25 an hour and benefits can”t compete with Asian”s “White Collar” wages at $4,500 a year. Taxpayer-funded corporations scour the globe for the highest profits and the cheapest labor and those profits are not being returned to America.
Per the Galveston Examiner, Aug 7, “The president sold the taxpayer bailout of Government Motors by telling us that it was needed to save jobs. Obviously it doesn”t mean American jobs because GM has decided to spend half a billion, taxpayer dollars, to build a new plant in Mexico.”
According to Bloomberg, April 2009, “GM Co. reports, shuttering U.S. plants in a bid to avoid bankruptcy, is ?likely” to build a new factory in China?.”
Wallace Witkowski of MarketWatch, April 2008, says: “GM Co. will start building a $200-million engine and automotive components plant in Joinville City, Brazil.”
Kolkata, Sept. 8 Per Reuters, September 2007, “Chrysler is setting up a new plant in India”s western city of Pune?.”
We learned from InformationWeek, Aug. 5, that “Obama”s $36-million tax-funded program is training South Asia workers for advanced IT skills, such as Enterprise Java programming, skills in business process outsourcing and call center support. These actions are contradictory to Obama”s commitment to create jobs and revitalize the American economy. Any taxpayer money that is appropriated to train workers to take American jobs should be directed toward the unemployed and the underemployed in this country,” said Rennie Sawade, a spokesperson representing IT professionals.”
According to UK”s, Daily Mail, Nov. 6, Infosys chief executive Gopalakrishnan says, “If you don”t like jobs getting sent overseas, better to direct your anger at major U.S. corporations whose race for low cost competitiveness drives India”s $50 billion software services sector.”
A member of Obama”s entourage, the boss of General Electric, Jeff Immelt”s message was clear. “If India wants to escape protectionist pressure on its IT outsourcing sector, it needs to up the pace on infrastructure delivery and give more opportunities to U.S. companies.” His advice is: “”Engage U.S. companies in modernizing the Indian economy, and the rumpus over ?offshoring” and jobs moving from Buffalo to Bangalore will die down. There”s no reason that our infrastructure revenues should not be the same as in China ?””
It appears the U.S. President has replaced the Corporatocracy”s “economic hit man.” U.S. jobs are being outsourced and they”re never coming back. China”s replaced our manufacturing industry; you can buy anything from trinkets to tractors cheaper and better from China. India”s replaced our service sector; services from telephone operators to heart surgeons are cheaper and better in India.
Whether you call it Corporatocracy or Fascism, Globalism or the New World Order it”s the current system governing America, and the world. Anyway you look at it, America, we”ve been sold out.
Al Duncan is a author, businessman and Record-Bee columnist. He can be contacted at alduncan@pacific.net.
