Don’t Blame Them

They didn’t cause the corruption. They only benefited from the corruption.

The leftists/progressives hates having to repay debts. Student loans, mortgages, credit cards, national budgets, the lot.

So you know they love them some John Perkins, who wrote a book titled: “Confessions of an Economic Hit Man”.

John Perkins, author of Confessions of an Economic Hit Man, discusses how Greece and other eurozone countries have become the new victims of “economic hit men.”

John Perkins is no stranger to making confessions. His well-known book, Confessions of an Economic Hit Man, revealed how international organizations such as the International Monetary Fund (IMF) and the World Bank, while publicly professing to “save” suffering countries and economies, instead pull a bait-and-switch on their governments: promising startling growth, gleaming new infrastructure projects and a future of economic prosperity – all of which would occur if those countries borrow huge loans from those organizations. Far from achieving runaway economic growth and success, however, these countries instead fall victim to a crippling and unsustainable debt burden.

That’s where the “economic hit men” come in: seemingly ordinary men, with ordinary backgrounds, who travel to these countries and impose the harsh austerity policies prescribed by the IMF and World Bank as “solutions” to the economic hardship they are now experiencing. Men like Perkins were trained to squeeze every last drop of wealth and resources from these sputtering economies, and continue to do so to this day.

…..

I’ve been following Greece for a long time. I was on Greek television. A Greek film company did a documentary called “Apology of an Economic Hit Man,” and I also spent a lot of time in Iceland and in Ireland. I was invited to Iceland to help encourage the people there to vote on a referendum not to repay their debts, and I did that and encouraged them not to, and they did vote no, and as a result, Iceland is doing quite well now economically compared to the rest of Europe. Ireland, on the other hand: I tried to do the same thing there, but the Irish people apparently voted against the referendum, though there’s been many reports that there was a lot of corruption.

In the case of Greece, my reaction was that “Greece is being hit.” There’s no question about it. Sure, Greece made mistakes, your leaders made some mistakes, but the people didn’t really make the mistakes, and now the people are being asked to pay for the mistakes made by their leaders, often in cahoots with the big banks. So, people make tremendous amounts of money off of these so-called “mistakes,” and now, the people who didn’t make the mistakes are being asked to pay the price. That’s consistent around the world: We’ve seen it in Latin America. We’ve seen it in Asia. We’ve seen it in so many places around the world.

While I have no doubt that people and situations such as Perkins describes exist, that is no reason to let the people who benefited off the hook simply because they were only following and encouraging the leaders. I don’t seem to remember protests of any scale saying not to raise the entitlement handouts or make people pay for college.

Hell, I can’t even remember a protest arguing for the arrest of corrupt bureaucrats or other public servants.

Sorry, Greece, but I’m having a hard time finding anyone under the age of 20 innocent in this. Those people have already left the country.

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3 Responses to Don’t Blame Them

  1. Scott says:

    Come on, Phil. Everyone is a victim. Greece was trapped by those predatory lending practices. It is not their fault.

  2. Rolf says:

    Debt forgiveness must go hand-in-hand with hanging and jailing of the bankers and politicians that got them into this mess by lying to the people. A modest suggestion, no?

  3. mikee says:

    I’ve always found it amusing that international lenders will provide funds to any government whose primary function has been the enrichment of government officials through bribes, kickbacks and siphoning of budgetary money into personal accounts.

    And then expect that not to happen with the provided funds.

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