EHM
I have chosen another non-fiction to read onboard my long-haul flights. It's a paperback version of a 2004 book, Confession of an Economic Hit Man by John Perkins. An editor at Malaysian Business has been pestering me to read this book for months. I find it a rivetting read.

Perkins confessed that the book, conceived in 1982, was disrupted four times and delayed for over 22 years because he was threatened, and bribed, to get him kill the idea. But his only child, college-graduated Jessica, coaxed him into it despite his fears over the threats and bribes.
"Don't worry, dad. If they get you, I'll take over where you left off. We need to do this fo rthe grandchildren I hope to give you someday!" The daughter said. And the book came out in 2004, published by Berrett-Koehler, after the manuscript was reviewed by declined by a reputable international chain.
Perkins furthered the concept of Economic Hit Men (EHM), who are actually
"...highly-paid professionals who cheat countries around the globe of trillions of dollars. They funnel money from the World Bank, the U.S. Agency for International development (USAID), and other foreign "aid" organisations into the coffers of huge corporations and the pockets of a few wealthy families who control the planet's natural resources.
Their tools include fradulent 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 globalisation."
According to Perkins, the EHMs are the heralds of people who walk the corridors of Monsanto, General Electric, Nike, General Motors, Wal-Mart and the likes.
What is more alarming is that, when the EHMs failed, another type of hitman will take over -- the CIA.
When the CIA fail, in come the jackals, and heads of states are overthrown or die in violent "accidents".
And when even the jackals fail, then the old models resurface. Young Americans are sent in to kill and die. As in Afghanistan and Iraq.
Countries mentioned by Perkins in his capacity as an EHM are Indonesia (1963-1971), Panama and Saudi Arabia (1971-1975), Panama, Iran, Columbia and Ecuador (1975-1981), and Ecuador, Panama, Iraq and Venezuela (1081-Present).
The common string that ties all this economic espionage together is, among others, one commodity: Oil.
To those uninitiated into the EHMs, they often dress up as professionals from international consulting firms. They will convince developing countries to accept enourmous loans, often to see them default in a short number of years. The American government and international "aid agencies" will then request their "pound of flesh". Depending on the luck of the respective countries, the flesh may include access to natural resources, military cooperation, and political support that encompasses partisan votes in the UN.
You may get this book in MPH for RM45.50. ISBN: 0-452-28708-1. Read the Prologue in PDF before you get the book.
Comments
Malaysia would have been there :P
Posted by: randy123
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June 6, 2006 09:02 PM
Sounds like a book telling the story of the illuminati - just in another perspective. I'm just glad we didn't take IMF support. I think I'll purchase this book.
Posted by: Xeoalpha
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June 6, 2006 10:43 PM
Well, the Muda Irrigation Scheme was funded with World Bank money. When Lyndon B. Johnson came for a visit, one of the places he went to was the Felda scheme in Sepang that was renamed LBJ in his honour (part of which was subsequently reclaimed for the KLIA). This indicates a high degree of American interest in our land resettlement projects which probably exceeded mere curiosity. We managed to pull in investments from Intel and Motorola at a time when we were not exactly on the path to industrial 'greatness' yet. It would be interesting to find out what we have given in return for all of this largesse.
Posted by: suertes
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June 6, 2006 11:22 PM
this is probably a bit out of the context.
but i would also recommend a management book called The Goal by Eliyahu Goldratt.
it is very interesting in the sense that it was written in the form of a typical novel, complete with the drama. i've never read any mgt book like it before.
Posted by: naz
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June 6, 2006 11:37 PM
I've read the book, and here's my 2 cents.
The confessions in this book came a little bit too late. Here's a guy who was battling his conscience, who was justifying his actions as someone who was going to 'disable' the system from within, yet in the book we see him even as he quit his EHM post returned to the system several times for the all important pay packet. He's earned millions of dollars from his 'consulting' job, he's had his pick of women (which he was so fond of mentioning in the book), after knowing that he seriously ruined a lot of people's lives with his 'recommendations' to the governments and coming clean after all that, seriously, he's no saint.
My guess is it's easier to confess to your sins when you never see how your actions from behind a desk affect the livelihoods of millions of people across the world.
Posted by: jayen
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June 7, 2006 01:08 AM
Read it few months back and its utterly rubbish .....
Posted by: MikeC
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June 7, 2006 01:49 AM
Fear over threats and bribes? Oh yeah, and you think those EHM John Perkins describe care about what he wrote.
EHM is merely old wine in new bottle for "corruptions".
Posted by: moo_t
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June 7, 2006 09:55 AM
mikec,
would u care to elaborate why u think the book is "rubbish"?
Posted by: vain_harper
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June 7, 2006 10:05 AM
Should thank Mahathir for he insisted we don't get IMF help.
Probably Malaysia is not one of their target, otherwise someone would have got involved in freak accidents?
Posted by: streetz
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June 7, 2006 11:05 AM
A book with a similar theme is "The Economist Tale: A Consultant encounters hunger and the World Bank" by Peter Griffiths.
The book focuses on Sierra Leone and how the World Bank's free market policy nearly caused a famine. Griffiths put his career on the line to stop the policy.
A good read for anyone interesting in the politics of aid, how donor agencies work and how consultants get fat by playing the aid game.
Posted by: pesut
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June 7, 2006 01:33 PM
Hmm. Wasn't that what happened to many asian countries during the currency crisis of 1997/98?
When a currency is being traded like shares, I guess one can move currency value like one will move the share price, if one has sufficient resources, and get the country to take up loans which otherwise it would not take.
Many of the world bodies has this concept of "one size fits all". I guess they have to comply with the will of the biggest contributor.
Posted by: JJ
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June 7, 2006 02:20 PM
Sorry for being off-topic, but travelling again, Jeff? Not at PAS Muktamar this year then?
Posted by: howsy
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June 7, 2006 08:36 PM
CIA=Cause Instability Anywhere
Anyway, for more on the Illuminati, go to:
http://www.grandconspiracy.com/Illuminati_Plan.html
BTW, did anyone here know that KJ had a Jewish American girlfriend while he was in Oxford?
Posted by: puffy74
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June 7, 2006 09:59 PM
Okay definitely off topic!
Jeff,
Are you busy or what? Why dont you blog TDM - he has gone mad with Pak Lah in public. Previously (last Tuesday), Ani Arope 'woke up from sleep' and taruk kaw kaw TDM regarding TNB woes
Posted by: syedhs
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June 8, 2006 11:19 AM
Syedhs,
No, I'm not off topic.
In fact, with such a weak leader as Pak Lah, and KJ's doubtful connections with Singapore and the West, the time is ripe for them to extend their influence here!
Dr M was the only bulwark that we had against Western Imperialism! (read: the Illuminati/Freemasons/Zionist conspiracy).
You should do some background reading before htting out on others!
Such a small man.....
Posted by: puffy74
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June 8, 2006 11:50 AM
Jeff has gone to Amsterdam lah,I reckon the best thing in life is travel on other's expenses. Ha ha ha...
Posted by: cyleow
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June 8, 2006 11:52 AM
cyleow,
I remembered one the best jokes I have ever heard: What is the tastiest banana you ever consumed? A: Free Banana.. hehe.
Wow TDM is strong leader.. and Pak Lah is a weak leader. All I can say - strong leader has already sucked a lot of juice from the nation, and weak leader
.. maybe indecisive but overall I give Abdullah higher rating! Otherwise, you will never see
1) Proton competing with others,
2) Scenic Bridge - you are wasting billion ringgit which may end up being a 'scenic/cynic' bridge after all. And then you complaint of higher cost-of-living and still want to praise Tun hehe.
3) and many others - I have many other important things to do.
Posted by: syedhs
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June 8, 2006 12:07 PM
John Perkins does read to be a little full of himself and he tends to make similar layman conspiracy theory's just like most of us do with things that are beyond him. He suspects that his providing a prince with a blonde on contract was very much a conerstone of SAMA - high class pimping can only do so much. Tries hard to make this prince sound a little more profound with substance after having put forth one with only a warped sexual appetite for blondes. Then has so called inspired dreams of using the husband of another blonde whom he also pimped for as an ironic icon in his own little world. Believes that a whole wayang kulit could be put up for his personal entertainment. This book is interesting if one could get past John Perkins' dark but self supported/indulgent views.
Posted by: CI
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June 8, 2006 12:13 PM
Okay credit should be given where it is due.
TDM is a fine and courageous leader when it comes to international affair. He has been very out-spoken and respected by many others. I think he know where is the border and he has been able to stretch his 'border' far more than many others, and at the same thing being looked as hero. It is true, and it has been admitted by many BUT
it is different story all together when it comes to domestical affair...
Posted by: syedhs
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June 8, 2006 12:13 PM
EHMs (or by whatever name) are a species of Homo sapiens.
If we have to kill others to survive, we will do it. You can call it self-preservation.
In the world of business, whether local or global, either we make our kill or we will be killed. We will kill others to keep what we already have, to covet the things that other people have, and to plot and take things from others.
We do not have this word in our vocabulary – CONSCIENCE. Typically, we do not believe in sharing our wealth or distributing our wealth. We certainly are not Robin Hood – robbing the rich to help the poor. Where got such stupid people??!!
Also, we do not have another word in our vocabulary – DEATH. We have this belief that we are immortal, so we keep on plundering without blinking.
Many people I know used to be cash rich so they madly, crazily, frantically invested in the share market to the tune of millions of ringgit. Little did they know that the EHMs (or by whatever name) were laughing. Eventually, they lost their money and today they are cash poor.
Where did they get their money in the first place? From the sky? If not for the opportunities in this country which help them to create wealth, where can they amass all those millions to put into the share market?
Today, if any of them were to accuse TDM of making this country poor, of making them poor, they would get a searing earful from me. They are a disgrace to humanity!
Posted by: dignity2u
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June 8, 2006 01:11 PM