Summaries of Confessions of an Hitman

8/9/2019 Summaries of Confessions of an Hitman

1/93

M.PHIL. ACCOUNTING AND FINANCE

CORPORATE GOVERNANCE

SUBMITTED TO

Maam Mahwash Manzoor

SUBMITTED B

Sana !a"##n

S$%ra "ash$r

&ahrah A'ram

DATE

(()**)*+

Semester 1

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S/mmar0 3o,

Confessions of an Economic Hit Man are the story of a man whose conscience was

too strong to let him sleep at night !n economic hit man "EHM# is a man that wor$s

to convince foreign co%ntries to accept large loans for engineering or constr%ction

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pro&ects, s%ch as power plants, highways, electric systems etc, $nowing that the

growth of the co%ntry will never 'e great eno%gh to pay 'ac$ the loan Co%ntries then

defa%lt on the loan and are at the mercy of its creditors, %s%ally the World (an$,US!)* or the )nternational Monetary +%nd hese three creditors, which are not the

only ones, are all owned 'y the United States, whose government can call on these

companies to as$ inde'ted nations for favo%rs, s%ch as a U- vote, a military 'ase

a'road or even oil his is how the writer and narrator, .ohn /er$ins, states is the way

the modern empire is con0%ering the world

he first few chapters ta$e %s thro%gh .ohns 'eginnings as a yo%ng man, from

attending an all2'oys high school to t%rning down the )vy Leag%e for his parents and

trying to dodge the draft '%llet 'y &oining the /eace Corps hro%gho%t the 'oo$ he

tal$s a'o%t the coincidences that a person goes thro%gh that shapes ones life and how

once he stepped foot in the corporatocracy, his lifes coincidences were no more 'ased

on fate, than 'y the plans of the higher %ps that fed off people with his personality

traits He was a hard wor$er, desensiti3ed to his own feelings and co%ld seal deals 'y

convincing himself that he was the 'est at what he did He is given a &o' at M!)-, a

cons%lting and engineering gro%p, and even tho%gh he lac$s e4pertise to create

foreign economic forecasts, he fig%res o%t a way to do them and do them the way the

company needs them to 'e done5'y showing vast economic growth, regardless of

the co%ntrys sit%ation

He does this thro%gho%t his career, at first 'elieving that he was helping people, '%t in

the pit of his stomach $nowing he was doing more harm than good He spent years

&%stifying his wor$, ass%ring himself he was &%st doing his &o' and that he wasnt the

'ad g%y (%t then, finally, his conscience catches %p to him He 0%its his &o', writes a

few 'oo$s, then in the spirit of homas /aine and a few political leaders who werent

scared to go against the esta'lishment, he writes this 'oo$, revealing the evil of the

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economic soldier his 6tell all6 'oo$ ta$es the reader thro%gh the history of the

modern2day empire and how it is shaping the world we live in and at the same time

$eeping people completely disconnected from reality

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Cha3,#r *

An E:onom$: H$, Man Is Born

Chara:,#rs;

.ohn /er$ins

!nn /riscilla

.%dy

+ran$

+ahad

Lo:a,$on; !merica

In,ro%/:,$on;he novel starts with the personal 'ac$gro%nd and family life of the

./ ./ told that he 'elongs to a middle class family '%t his parents are 0%ite ed%catedLi$e his parents got scholarships at college, 'eing first in their families His mother

was a high school Latin teacher, while the father was -avy lie%2tenant and in charge

of marine tan$er in the !tlantic

S/mmar0;When he was 'orn, in Hanover, in 1789, -ew Hampshire, his father

was in war and saw him after a year !fter World War : his father &oined the ilton

School, a 'oarding school for 'oys, to teach lang%ages hen a%thor told that the

school is a sym'ol of arrogant c%lt%re where mostly the 'oys are '%d of wealthy

families ./ prono%nced his family as cash starved in the school !s his family have

a'%ndant facilities '%t the salary in form of cash is very less )n s%ch lavish

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environment the teachers and staff feel themselves s%perior of local natives he

ilton School was from 721: grades

he prior st%dies of ./ were from elementary school he school friends 'elong to

lower class While his parents refrain him from having friendship with his school

mates !nn, /riscilla, and .%dy his girlfriends are also from the peasant class Every

year ./ spent the three months of s%mmer vacation at a la$e cottage, '%ilt 'y his

grandfather !nd 'eing an only child, he imaginatively considered woods to ma$e his

stories, li$e the %s%al children do

!fter &oining ilton School he left his life with his friends from lower class, as his

parents wished (%t in this new social system he did not fit well and %ltimately felt he

alone and fr%strated His parents told him, to st%dy at ilton School is a life time

opport%nity, and his wife will 'e from high moral standards While ./, the yo%ng 'oy,

imagine having companionship2se4 with the sl%t girlfriends Ultimately he

concentrated all his worries, on e4celling !nd 'ecome an honor st%dent, captain of

two varsity teams, editor of the school newspaper

*%ring his senior year, ./ was awarded a f%ll athletic scholarship to (rown and an

academic scholarship to Middle'%ry He li$ed (rown '%t %ltimately choose what his

father li$ed, Middle'%ry

Here a%thor states 'ea%tif%lly the philosophy of life and freewill as, ;I have come to

understand that life is composed of a series of coincidences. How we react to these

how we exercise what some refer to as free will is everything; the choices we make

within the boundaries of the twists of fate determine who we are.

)n middle '%rry two coincidences occ%r in Middle'%ry which shaped his life He met

an )ranian 'oy who was the son of personal advisor of shah He was professional

player of soccer in


10/93

and did not concentrate on his st%dy which pl%mmeted in grades and he lost his

scholarship his father threatened him to disown him He and +ahad left the

Middle'%ry and move to (oston )n (oston &ohn get the &o' of personal assistant tothe editor in chief in S%nday advertiser !nd &oin (oston %niversity=s college of

'%siness administration

Secondly, he met !nn she was 'ea%tif%l yo%ng women '%t she was already in

relationship with any other g%y (%t after some year she had 'rea$%p with him She

was grad%ated '%t he still had another year to complete He want her attention '%t she

was ref%sed %ntil they get married (eca%se of his parents attit%de he en&oy her

company and they get married

he friend of !nn>s father, she called him %ncle fran$ this was not his real name He

wor$s as an e4ec%tive in national sec%rity agency "-S!# he idea to fight in

So%theast !sia always fascinated me !fter co%ples of tests and interviews, He was

offered a &o' to start training in the art of spy

.ohn attended a seminar at (oston University foc%sed on vol%nteering for /eace

Corps He had always dreamed of living with native people He and !nn applied in

peace crops and re0%est to assignment in !ma3on (%t he was very disappointed to

$nown that they were sent them in Ec%ador He and !nn complete his training as

/eace Corps vol%nteer

! man from a private cons%lting firm came to visit .ohn and !nn, which mar$ed the

'eginning of .ohns association with the world of political domination thro%gh

economic control he cons%lting firm wor$ed for the World (an$ primarily hey

s%'mitted their analyses and opinions of whether foreign governments sho%ld 'e

granted h%ge loans 'y the World (an$ to f%nd development pro&ects he firm $ept a

very low profile )n fact, they were registered officially as an engineering firm '%t at

that time they were 'eginning to ta$e on economists to provide the World (an$ with

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statistical information gathered on each pro&ect the 'an$ was considering f%nding

he agent from M!)- )nternational Cons%lting +irm praised .ohn and !nns efforts

in the Central !merican &%ngle nation of Ec%ador He also re0%ested that .ohnanalyses the local political, social, and economic environment and report 'ac$ to the

-S! with his o'servations /er$ins did so loyally Upon the completion of their time

with the /eace Corps .ohn was offered a &o' as an economist at M!)- )nternational

Soon after 'eing hired /er$ins came to reali3e that, altho%gh he was hired as an

economist, his real &o' was m%ch closer to that of a secret, or do%'le, agent

Cha3,#r (

In For L$


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Lo:a,$on; !merica

In,ro%/:,$on; )n this chapter .ohn e4plained how he came to $now the real politics

of company and what company act%ally done here he came to $now he is chosen

for another p%rpose ;)n for life? means if he accept the wor$ for which he was hire

he will ;in for life?

S/mmar0@ !fter accepting the position and 'eginning his daily wor$ at M!)-

)nternational /er$ins 'egan to wonder what it was the M!)- )nternational was in the

'%siness of doing He o'served the way the company wor$ed and was str%ct%red '%t

he was %ns%re as to what the goal of the corporation was as a whole He remar$s thatthere is an o'vio%s gender 'ias with many women wor$ing at the level of secretary

'%t almost none in the e4ec%tive ran$s he p%'lic li'rary was where /er$ins spends

most of his days researching his first assignment, the )ndonesian island of .ava, as

well as a possi'le f%t%re assignment, K%wait He st%died the history of the co%ntries

from economic and political perspectives

Ane day while st%dying %p on the format of common economic forecasts an attractive

woman, Cla%dine, approaches /er$ins She e4plains to him that she holds a verysignificant position within the corporation and she was to 'e his t%tor, of sorts, in

act%al position She goes on to inform /er$ins that he was select to 'e an Economic

Hit Man What that meant, essentially, was that /er$ins was to ma$e economic

estimates for the prospect of a co%ntry that may 'e granted a h%ge loan from the

World (an$ he $ingpin 'eing that /er$ins was to always prod%ce statistics that

favored the loan 'eing granted and showed increased economic prosperity for the

co%ntry as a direct res%lt of whatever the loan was to f%nd (asically, on the long term

if /er$ins co%ld 'e depended on to prod%ce the desired reports and statistics the loan

wo%ld 'e f%nded 'y the World (an$

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he money from the loans went directly to international firms, li$e M!)-

)nternational, (echtel, and Halli'%rton, amongst others he contractors were paid off

and the co%ntry to which the loan was granted wo%ld 'e left with a h%ge de't '%rdenfor many decades to come he de't that was owed wo%ld 'e %sed 'y the United

States government to spread the !merican glo'al agenda (eca%se of the h%ge de't

the leaders of s%ch co%ntries wo%ld s%'mit to s%pporting US military vent%res, and

providing political s%pport

Cla%dine goes onto e4plain the history of %sing economic power as a means of

control and s%'mission 'y the !merican government here is a 'rief foray into the

1791 o%ster of the democratically elected leader of )ran, Mohammed Mossadegh

his event mar$s the first occasion the !merican government %nrestricted the typical

press%re tactic of applying military might to affect the o%tcome of a foreign dilemma,

and instead opted for the more s%'tle techni0%es of 'ri'ery and threats hen she

informs /er$ins that he has a limited amo%nt of time to decide whether or not he will

accept the position for which he was hired

She promises a very rewarding f%t%re for him in his family '%t ma$es openly clear

that once he accepts the &o' he is 6in for life6 /er$ins is, at first, hesitant that his

actions will not prod%ce a positive res%lt for all affected 'y his wor$ He concl%des

that he can do more good 'y wor$ing from the inside and that he was certainly the

e4ception to the r%le in his profession He was not going to 'e sed%ced 'y money,

power, and se4, altho%gh he had already 'een sed%ced 0%ite completely 'y Cla%dine

in the (oston /%'lic Li'rary

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Cha3,#r 2

In%on#s$a L#ssons For An EHM

Chara:,#rs;

.ohn /er$ins

Cla%dine

Lo:a,$on; (ostonB !merica

In,ro%/:,$on;his chapter is 'asically an e4tremely 'rief overview of the history

of political dominance in the island nation of )ndonesia )n this chapter he said while

learning a'o%t his new career, he also spent time reading 'oo$s a'o%t )ndonesia .ohn

descri'es )ndonesia had rich fa'rics and spices

S/mmar0; .ohn spent m%ch time learning a'o%t )ndonesia /er$ins descri'es the

long history of imperial domination 'y the *%tch who leaders saw )ndonesia as the

crown &ewel in their empire 'eca%se of its spices and rich fa'rics Early in the :th

cent%ry the *%tch finally gave %p control over the islands of )ndonesia, which 'egan

a 'rief period of independence ! revol%tion in 17D9 res%lted in Comm%nist forces

associated with the Chinese ta$ing control

!merican fear of growing Comm%nist powers thro%gho%t the world prompted the US

government to ta$e action in )ndonesia hey came %p with a program for providing

electric power to )ndonesia which wo%ld %ltimately lead to an on2going !merican

e4istence in the region .ohns first assignment was to ta$e assessment of the

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proposed electrification plan (efore setting off, /er$ins met Cla%dine for a private

dinner in her apartment

Ance there she warned him to never spea$ of their meetings or that fact that they had

ever even met 'eca%se she wo%ld deny it all He also noted that, in fact, his

relationship with Cla%dine was completely separate from M!)- )nternational and

%ntracea'le as all their meetings had occ%rred in her apartment Loo$ing 'ac$ in

reflection /er$ins sees that his relationship with Cla%dine was one the ma&or factors

of his 'rea$ %p with his wife !nn

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Cha3,#r +

Sa=$n- A Co/n,r0 From Comm/n$sm

Chara:,#rs;

.ohn /er$ins

Charlie

Lo:a,$on;.a$artaB )ndonesia

In,ro%/:,$on; his chapter 'riefly e4plains how M!)- )nternational contract with

)ndonesia is 'eneficial for US government and worst for )ndonesia, he e4plained this

contract wo%ld not 'enefit the ma&ority of )ndonesian )t wo%ld ma$e a few men at the

top of the pop%lation pyramid rich and force everyone else deeper into de't, despair,

and poverty

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S/mmar0; .ohn and his colleag%e went )ndonesia for his first assignment .ohn

was very c%rio%s a'o%t )ndonesia '%t when he reached )ndonesia it was 0%iet

different what hi thin$ a'o%t it He wants to e4perience women in elegant colorf%l

cost%mes glamoro%s spices he even co%ld not wait for it When he did arrive,

however, he was threatened with a very different reality His colleag%es gro%p of

engineers and economist 'oo$ed a pentho%se of the nicest hotel in .a$arta, for three

months while carrying o%t their mission

.ohn e4plains Charlie )llingworth, the pro&ect manager, as war e4pert Who 'riefly

e4plains the mission to come over here .ohn noticed he always $eep himself '%sy in

st%dying 'oo$s 'ased on the history of )ndonesia He e4plains why they chose

)ndonesia 'eca%se .ava is most pop%lar place in world if they s%pply electricity

people in world came to $now a'o%t the contri'%tion of !merica to the co%ntries then

!merica 'ecome famo%s all over the world Af co%rse there was also a mission

'ehind the mission who was to $eep Comm%nism o%t of the island nation and provide

all the electricity related infrastr%ct%re re0%ired for oil e4traction, prod%ction, and

e4portation )n this contract, !merica will provide la'or and design which help to

'%ild a relationship 'etween the )ndonesian government and the !merican

'%sinessmen, d%e to this contract !merica will get do%'le 'enefits

.ohn $now there dirty minds so he $eeps distance from them %s%ally he had tro%'le

sleeping 'eca%se he $now his colleag%es are greedy and they will 'e harmf%l for him

.ohn came to $now this contract is not 'eneficial for )ndonesians> as it seems he

promotion of capitalism and electricity wo%ld not 'enefit the ma&ority of )ndonesian

)t wo%ld ma$e a few men at the top of the pop%lation pyramid rich and force

everyone else deeper into de't, despair, and poverty

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Cha3,#r 4

S#$n- M0 So/

Chara:,#rs;

.ohn /er$ins

Charlie

Howard /ar$er

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Lo:a,$on; .a$artaB )ndonesia

In,ro%/:,$on; )n this chapter .ohn tell how Charlie ma$e plan ;Selling my so%l?

means he sell himself for company

S/mmar0; )n early days they spent one wee$ in .a$arta !fter than Charlie ma$e

plan to move in smaller city 'eca%se they don>t want any r%le of co%ntry interr%pt

them Capital city have strict government r%les +rom this gro%p Charlie order one

person to go em'assy and got all necessary paperwor$ for their stay in )ndonesia,

after this they were moved to (and%ng, into a *%tch colonial style villa hey were

given a lot of privileges li$e servants, private vehicles, drivers and translator

Charlie design a frame wor$ for this mission he e4plained for first few wee$s they

gathered data, then the economic pro&ection for growth wo%ld 'e made, which wo%ld

allow the engineers to design and '%ild the necessary components of an electrical

system that wo%ld s%pply the power to the region .ohn noticed Charlie always

stressed over and over again the importance of favora'le economic forecasts, and

then .ohn relies the critical nat%re to the pro&ect as a whole

hen .ohn tell a'o%t a person whose name was Howard /ar$er, that was the chief

load forecaster for the -ew England Electric System .ohn noticed he is a fail%re

person who never was a'le to reach his own career goals He noticed it when they had

conversation a'o%t the accepta'ility of s%ch a healthy economic forecast (%t this

conversation %psets .ohn 'eca%se Howard /ar$er 'lamed him he is coming here for

money !fter this .ohn thin$s and ma$es plan his mind and he set his on dilemma He

concl%de that if he held the company line and made predictions that were designed to

please his employers rather than acc%rately predict the economic growth of the

region, it wo%ld 'e no pro'lem 'eca%se Howard wo%ld ma$e acc%rate predictions and

the company wo%ld prefer his 'eca%se of his seniority and ran$ .ohn slept well

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thin$ing he had solved his own dilemma he ne4t morning however, Howard /ar$er

is str%c$ ill with a severe amoe'ic attac$ and is forced to ret%rn to the United States

Cha3,#r no 7

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M0 Ro# as In>/$s$,or

Chara:,#rs;

Charlie


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hey as$ why !mericans never learned their lang%age ./ had no answer -or co%ld

./ e4plain why he was the only !merican or E%ropean in this part of the city, eventho%gh the )ndonesian co%ld always find plenty of !mericans at the Folf and


23/93

)n the end of this chapter ./, it is dist%r'ing the a%thor that all of this activity is &%st

game than reality ./ stated that ;)t was as tho%gh we were playing a game of po$erWe $ept o%r cards hidden We co%ld not tr%st each other or co%nt on the relia'ility of

the information we shared Get, this game was deadly serio%s, and its o%tcome wo%ld

impact millions of lives for decades to come

CHAPTER 8

C$=$$za,$on on Tr$a

Chara:,#rs

*alang


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CHAPTER 5

!#s/s? S##n D$


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S/mmar0; Here ./ refers his e4perience of *alang, which threw him to the depth

of thin$ing He was worried a'o%t the role of !merica in )ndonesia (%t to satisfy

himself he said, that %ltimately he and his fellows have to do some &o' to ta$e care of

themselves and their families hro%gh the disc%ssion of yo%ng )ndonesian, ./ fo%nd

that the pre&%diced approach to ann%al reports of corporation, election strategies of

politicians, foreign policy does not protect f%t%re generations of !merica or

anywhere

./ needed a n%m'er of visits to .a$arta to get needed data *%ring his time in .a$arta,

he tho%ght a'o%t the matters of !merican imperialism and write a'o%t them in a

&o%rnal He moved in the lowest class of city, li$e with 'eggars, prostit%tes and

la'orers hen ./ thin$ a'o%t the role which developed co%ntries are playing in less

developed co%ntries, in so called name of foreign aid ./ fo%nd the aid is only

convenient to developed co%ntries

he 0%estions of ./ mind are, ;if the o'&ective of foreign aid is imperialism, is that so

wrong? and why !mericans want others to follow them, as they have least happy

society in world

Here the writer %sed the term innocence for f%rther ela'oration hat he is no more

innocent in all this matter !ll !mericans depend of lower developing co%ntries for

reso%rces and cheap la'or (%t !merica>s loan, in form of foreign aid, ens%res the

children of lower developing co%ntries held hostages hey will have to allow the

!merican corporations to r%in their nat%ral reso%rces and sacrifice ed%cation, health

and other social services to pay 'ac$ to !merica !nd the f%nds of loan %sed to '%ild

roadsB 'ridges etc are f%nded 'ac$ to !merican organi3ations !nd %ltimately!mericans get 'enefit from these )f the !mericans on whole, do not $now this

mechanism of e4ploitation, are they still are innocent

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hen ./ tho%ght a'o%t the possi'ility of holy world war and get convinced (%t it

wo%ld 'e 'etween developing and developed economies, rather than M%slims vsChristians

./ told that the developed co%ntries are %sers while the developing co%ntries are

s%ppliers of the nat%ral reso%rces !nd might is right, as !merica is e4ercising ./

$new that if the s%ppliers are e4ploited long, they will rise %p ./ said ;li$e colonial

min%temen, M%slims were aggressive to fight for their rights, and li$e the (ritish in

the 1IIs, we classified s%ch actions as terrorism History appeared to 'e repeating

itself?

*%ring his last night in )ndonesia, ./ dreamed, ./ had seen .es%s Christ, who had

dar$ c%rly hair and a dar$ comple4ion .es%s p%ll %p a car a4le on his sho%lder with a

wheel protr%de a'ove his head so that it loo$ed li$e a halo Frease dripped from his

eyes instead of tears and then .es%s said 6)f ) were to come now, yo% wo%ld see me

differently (eca%se the world has changed,6 ./ $new that he, too, had changed, '%t

he didnt yet $now to what e4tent

An his way 'ac$ to (oston, ./ stayed at /aris to have reconciliation with !nn (%t

ended %p at (oston, headed towards their departments, separately

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Cha3,#r no 9

O33or,/n$,0 o< a L$


29/93

forecast of only !nd then referred the ./ forecast that shows the growth of 1I to

: (r%no gave him the news of promotion

./ told that he was dieing to see Cla%dine and wanted to tell her a'o%t his promotion

and e4periences at )ndonesia (t her contact n%m'er is invalid !fter that ./ chec$ed

Cl%adine apartment, '%t fo%nd no cl%e Anly ./ office file showed her as cons%ltant,

'%t ./ don>t access to details of the file ./ was very emotional after missing

Cla%dine, even promotion of ./ seems him meaningless or more li$e dist%r'ing Even

in s%ch threat he started thin$ing as Cla%dine might got assassinated )n the afternoon,

his chief s%mmoned him at office and gave him the good news ./ got a 'it cheer

after the information that he promoted as chief economist and got a pay raise as well

!fter this news he too$ afternoon off and rela4ed himself He tho%ght that Cla%dine

had done her &o' and had moved ahead !nd p%t the tho%ghts of Cla%dine aside

)n the ne4t wee$s he revised Howard>s forecast, and grew demand to 1I percent for

eight more years, and then holding at 19 percent for the remainder of the twenty2five2

year pro&ection He presented his concl%sions at the meetings with international

lending agencies he teams 0%estioned him harshly (%t he answered and convinced

him confidently !nd finally the report got an approval from the lending agencies

)n the a'ove conte4t ./ narrated that it was Cla%dine how advised ./, to 'e confident

!nd, then tho%ght a'o%t his competitive edge as compared to other men in the

company Li$e the stay of ./ at !ma3on and .ava Later he met with shah of )ran, the

/residents of several co%ntries and head of World (an$ !nd fo%nd that comm%nism

and terrorism are esta'lished as '%t he and his fellowmen had a d%ty to promote

capitalism !nd the a capitalist transfer this heritage to his generation

Here are some 0%estions which he rose in his mind, and answered, given 'elow

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@;who 'enefits from war and the mass prod%ction of weapons, from the damming of

rivers and the destr%ction of indigeno%s environments and c%lt%res, which 'enefits

when h%ndreds of tho%sands of people die from ins%fficient food, poll%ted water, orc%ra'le diseases

!nswer@ )n the long r%n no one 'enefits, '%t in the short term those at the top of the

pyramid 5 Main>s 'osses and ./ appeared to 'enefit, at least materially

@;Why does this sit%ation persist Why has it end%red for so long

!nswer@ 6might is right?

Later ./ disc%ssed that !merican system of capitalist pyramid hierarchy and slavery

is not only practiced today, '%t 0%iet advent in history !nd this is and was the ca%se

of most wars, poll%tion, starvation, species e4tinctions, and genocides

!'o%t thin$ing all a'o%t a'ove mentioned 0%estions, ./ considered himself as

Economist, rather than Economic Hit man

)n the end of this chapter, ./>s 'oss appreciated him for good wor$ done He told ./

that they were going to give ./ the life time opport%nity

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Cha3,#r no *6

Panamas Pr#s$%#n, an% H#ro

Chara:,#rs

Amar orri&os

Lo:a,$on

/anama

In,ro%/:,$on; )n this chapter a%thor throws some light on history of /anama and

introd%ce Amar orri&os, leader at /anama

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S/mmar0; .p reached at panama with other e4ec%tives An his way to hotel he told

a'o%t his $nowledge of Spanish lang%age and Amar orri&os Amar orri&os was hero

of panama Literat%re told ./ that people li$ed orri&os, 'eca%se he was a strong

defender of right to self r%le and sovereignty over /anama Canal, of /anama

/anama Canal was started 'y a +rench engineer, and ended in disaster in 17 he

canal wo%ld connect the !tlantic and /acific oceans

)n 17, /resident s 'order ;orri&os was

committed to t%rning his nation into a haven for f%gitives from persec%tion, a place

that wo%ld offer asyl%m to ref%gees from 'oth sides of the political fence, from leftist

opponents of Chiles /inochet to right2wing anti2Castro g%errillas Many people saw

him as an agent of peace?

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+idelB govt representative of /anama

Lo:a,$on

/anama

In,ro%/:,$on; he chapter is a'o%t the visit of ./ aro%nd the canal in !merican

comm%nity and the contrasting sl%m area, of /anama

S/mmar0; he ne4t day after reaching at /anama, ./ met +idel Who at the first

instance admires his a'ility to spea$ Spanish, as other !merican lived at /anama did

not 'other to !fter a ro%nd to new /anama, ./ came across 'ay here ./ came to

$now that half the traffic was meant for .apan

hen +idel too$ ./ to remains of ancient fort '%ilt to protect the city against English

pirates here ./ met an !merican family, living along canal from their fo%r

generations he interesting part is the !mericans consider the canal in the territory of

!merica he !merican called orri&os, as dictator Here the a%thor apparently too$

the side of /anama !nd offensively said in Spanish, ;!dios, ) hope yo% and yo%r

family have a good time here, and learn lots a'o%t /anamas c%lt%re6+idel li$ed ./

and said him than$ yo%

hen +idel too$ ./ to the sl%m area he place, its decaying 'oats, smell of rot and

sewage and 'egging children, remind ./, .a$arta here in the sl%m area, ./ saw a

n%m'er to anti2!merican posters of orri&os hen Mr +idel too$ him to other side,

the Canal Jone he area aro%nd the canal was f%ll of l%sh green lawns, resorts and

'ea%tif%l mansions )t showed the wealth aro%nd he golf co%rses, !merican post

offices, the co%rt of law were all !merican !%thor told it a co%ntry within a co%ntry

./ called this phenomenon as ;affront?

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)n end of this chapter, Mr +idel told some economic fig%res +idel told that in the city

the per capital income is less than one tho%sand dollars per ann%m and %nemployment

rate is !nd ) seemed, orri&os was a hope for them

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Cha3,#r *(

So%$#rs an% Pros,$,/,#s

Chara:,#rs;

.ohn /er$ins

+idel

Lo:a,$on;

/anama

In,ro%/:,$on;his whole chapter covers the story of soldiers and /rostit%tes .ohn

tells how +idel 'ring him in street of prostit%tes and +idel tell the story of /rostit%tes

and 'ac$gro%nd of the prostit%te

S/mmar0;!fter &%icy stea$ and 'ear .ohn and +idel left the resta%rant and drove

down a dar$ street hey moved to the street which was f%ll of light +idel warned

him never come this street witho%t 'ody g%ard While wal$ing in street two yo%ng

'oys pointing each other and ma$ing so%nds of shooting g%ns Ane of them $noc$ed

on +idel legs hey apologi3ed with +idel .ohn as$ed them what yo% are doing hen

they e4plained they were playing a shooto%t game where the older 'rother was acting

as the US Feneral in charge of the canal 3one, while the yo%nger 'rother was an

in'orn /anamanian loo$ing for revenge and sho%ting for the general to go home .ohn

as$ed them why they are doing this elder 'rother said once gringo general try to rape

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their mother, that>s why they are playing this game .ohn said yo%r mother are

wor$ing there the 'rother nodded their heads and said pro%dly yes

!fter this +idel and .ohn moved to the 'ar When .ohn arrived at 'ar he noticed the

women who are dancing and stripping they have !merican feat%res hey are

entertaining off d%ty soldiers from the Canal Jone +idel e4plained .ohn, the

waitresses /anamanian women are not allowed for prostit%tion 'y law they cannot

dance in 'ar !nd not to%ched 'y the man in 'ar he stripping women are foreigners

he room is lined with /anamanian men with sharp eyes for everything going on in

the 'ar .ohn and +idel en&oyed a lot there hey en&oyed 'y the dance of stripping

women hey felt themselves very happy in s%ch a de'a%ched environment

While en&oying s%ddenly a soldiers ca%ght a waitress and one of them was twisting

her wrist She was cry lo%dly 'y pain hen the owner of cl%' said yo% are not

allowed to to%ch her if yo% want her then yo% have to pay money for her +idel

e4plained .ohn, the waitresses /anamanian women are not allowed for prostit%tion 'y

law they cannot dance in 'ar

While en&oying +idel lighted the 'ac$gro%nd of these women he said some of them

are forced to come here, some are $idnaped from other co%ntries Some are flew from

others co%ntries for their on interest (%t they are torcher here +idel tell many of

them are S%ffered thro%gh many years they lost m%ch some of them lost their

families +idel noticed the striping who entertain the soldiers are no so 'ad, 'y

entertaining them they got opport%nity to earn more and start o%t new somewhere

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Cha3,#r *2

Con=#rsa,$ons w$,h ,h# G#n#ra

Chara:,#rs;

.ohn /er$ins

Feneral

Amar orri&os

Lo:a,$on;

/anama

In,ro%/:,$on; his chapter covers the whole conversation 'etween .ohn and

Feneral Amar orri&os How he invited him and ma$e he $now that he $now a'o%t

his organi3ation>s plan how they play with poor co%ntries and how they %se these

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of its people, incl%ding the poor, he m%st find a way to f%nd massive infrastr%ct%re

pro&ects He is opposite to giving this contract to (echtel and he e4plained a lot of

reasons in this chapter Feneral clear on .ohn M!)- will receive this contract witho%tany arg%ments if he follows his instr%ctions

.ohn feel if he do so how he praised 'y others He thin$s his self not as EHM '%t as a

chief economist Ane day (r%no called me in his office he appreciate me and also

as$ed me 'y the 'lessing of them he get this opport%nity

Cha3,#r *+

En,#r$n- a N#w S$n$s,#r P#r$o% $n E:onom$:

H$s,or0

Chara:,#rs;

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.ohn /er$ins

Mc-amara

Lo:a,$on;

(oston

In,ro%/:,$on; ;Entering a -ew Sinister /eriod in Economic History? means

entering in the evil period in economic history )n this chapter .ohn 'riefly e4plain

how he enters in evil period .ohn e4plained how some people play a role to ma$ing a

history for e4ample Mc-amara When he started he was economist then he got

s%ccess in life, how .ohn e4plains in this chapter

S/mmar0;He e4plained as an economic analyst his d%ty is not only st%dy the

information aro%nd the world he sho%ld 'e familiar with the c%rrent trends and

theories ! gro%p of the co%ntries had +ormed A/EC "he cartel of oil2prod%cing

nations# they formed 'eca%se they want a company who response to the power of the

'ig p%rifying companies .ohn always thin$s what A/EC and Em'argo act%ally done

what their ca%se and effect to glo'al economy He always fails to answer it .ohn said

when its formed world face oil crisis Even A/EC co%ntries were getting the %pper

hand he economic growing rate 'ecomes half d%ring 179s and 17Ds .ohn said

d%ring this crises !merica was also facing very worst time li$e -i4on Watergate

incident not limited in co%ntry

.ohn>s colleag%es and friends disc%ss these pro'lems li$e Keynesian economics they

always disc%ss government sho%ld play ma&or role health, %nemployment

compensation etc .ohn said they tal$ed a'o%t other people li$e small g%y never got

control in co%ntry most of people from gro%p did not $now EHM>s limited them

.ohn tal$ed a'o%t the p%rpose of creation of organi3ations li$e World (an$, )M+, and

F! he reason 'ehind it is world war : and depression !fter this .ohn e4plained

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the man name Mc-amara .ohn said he always 'e part of o%r disc%ssion .ohn said

how he got s%ccess in life He promotes the ;aggressive leadership? which is %se now

in all '%siness %niversities all aro%nd the world Mc-amara started his career from+ord Motor Company He was financial adviser there then Kennedy appointed him

secretary of defense

Mc-amara 'ecame a strong advocate of a Keynesian approach to government, %sing

Mathematical models and statistical approaches to determine troop levels, allocation

of f%nds, and other strategies in Nietnam He was economist '%t his vario%s &o'

shoc$ed many people hen he 'ecame president of the World (an$ which is most

powerf%l 'an$ in the world .ohn always thin$s Mc-amara has great contri'%tion to

the history Li$e Mc-amara many other o'&ects infl%ence .ohn he wondered how

people were an o'vio%s 'reach in the separation of powers

!t the end of the chapter .ohn e4plained how EHMs were achieving many of their

o'&ectives in many places li$e )ndonesia !nd they %se old patterns

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Cha3,#r *4

Th# Sa/%$ Ara"$an Mon#0 La/n%#r$n- As are very wealthy they 'o%ght new cars

spending lavish life So !merica offer them some trainings, technical s%pport to 'ring

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them compete with twentieth cent%ry he US and Sa%di !ra'ia .oint Economic

Commission $nown as .ECA< which imposed that Sa%di !ra'ia sho%ld hire

!merica>s firm to '%ild %p their nation

So they pic$ .ohn as adviser from M!)- what was the &o' of .ohn he mapped o%t

what happened if Sa%di !ra'ia spend vast money on its infrastr%ct%re .ohn cond%ct

scenarios He got many 'on%ses d%ring this year !s a EHM his d%ty was provide

good infrastr%ct%re and forced them contract with !merica>s firms *%ring this he

also came to $now the A/EC economist forced the co%ntries which are oil giant that

they sho%ld provide c%red oil so than they sell to other co%ntries on higher prices

*%ring the contract with Sa%di !ra'ia, US provide them highways, '%ildings ect

!merica &%st do it for their on fame that if some visited Sa%di !ra'ia they will always

praised US for their wor$ Sa%di !ra'ia lived in passed, they hired la'or from poor

co%ntries and ta$e wor$ from them While analysis .ohn always $eep his mind that

Sa%di !ra'ia sho%ld 'e dependent on US he other co%ntries feeling threaten he

target of US was they will not feel any shortage of oil in f%t%re so when they feel this

shortage they again ma$e deal with Sa%di !ra'ia 'y forcing

So in this game .ohn play very pretty role He was assign for another wor$ which was

to 'rain wash the Sa%di prince W His &o' was forced prince that dealing with US is

'eneficial for Sa%di and for prince also .ohn pretty e4plained how he cond%cts

favora'le analysis for US and how it>s helpf%l for them and how it>s helpf%l for him

also

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Cha3,#r *7

P$m3$n-? an% F$nan:$n- Osama B$n La%#n

Chara:,#rs;

.ohn /er$ins

/rince W

Sally

Lo:a,$on;

(ostonB !merica

In,ro%/:,$on;his chapter cover whole story that how .ohn provide entertainment

to the prince W 'y pretty women He 'riefly e4plained how he gets contracts from

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Sa%di !ra' and how he wor$ in good manners He cond%cts analysis at the favor of

US !s EHM he play fantastic role He help US to got fame that US can Change and

enhance the infrastr%ct%re of other co%ntries !t the end of the chapter .ohn disclosethat how (%sh family, Laden +amily and ho%se of Sa%d are 'ehind the 7O11 incident

S/mmar0; /rince let him $now that whenever he visited in (oston .ohn sho%ld

arrange pretty woman for him and she sho%ld not 'e a prostit%te she sho%ld 'e from

some nice family .ohn remem'er once he arranged a girl Sally whose h%s'and was

pilot and she want earn e4tra money He said M!)- strictly prohi'ited illegal

activities he was conf%se 'eca%se he was doing illegal wor$ li$e providing woman for

prince so he got idea he %s his personal acco%nts for this p%rpose /rice said he will

$eep the Sally in his personal cottage )t was new thing these woman are wor$ at

contract 'ases (%t Sally ref%ses to go there after forcing here after co%ple of wee$s

she admires to go to Sa%di !ra'ia .ohn e4plained how Le'anese 'ecame wealthy

hey do this type contracts and earn more hey arrange girls for royal princes So he

gets Le'anese n%m'ers from his friends to provide pretty girls for /rince

!fter great str%ggle entire pac$age was approved 'y


47/93

!fter the incident of 7O11 Sa%di !ra'ia and US 'ecome more closer )n : a

maga3ine disclose the relationship of ho%se of Sa%d, (%sh family and Usama (in

Laden family )t>s not s%rprising me more 'eca%se ) $now this relationship is comefrom : years (%sh was firstly an !m'assador of United -ations then 'ecome C)!

agent then he 'ecame president Sa%di !ra' sporting an oil company where (%sh was

investor .%st days after 7O11 Sa%di>s family, Laden family and (%sh fo%nd )n US

private &ets .ohn leave a 0%estion after chapter did (%sh family>s long help from

Sa%di>s for 7O11 incident

Cha3,#r *8

Panama Cana N#-o,$a,$ons an% Graham Gr##n#

Chara:,#rs;

*r -adip%ram /rasad

.immy Carter

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Feneral Amar orri&os

(r%no

Fraham Freene

.ohn /er$ins

Lo:a,$on;

/anama

In,ro%/:,$on;)n this chapter .ohn 'riefly e4plained how the contract with Sa%di

!ra'ia 'oosted the career of .ohn

S/mmar0;he start of this chapter .ohn tell his story of s%ccession he said Sa%di

pro&ect pay an important role to 'oost his career Every'ody $nows him 'y the name

of ;economic manager? He earns e4cellence salary .ohn '%ilt a little empire which

incl%des staff from the head 0%arter of the M!)- He was very happy in his life His

colleag%es got &ealo%s from him and his stat%s While with his s%ccession he neglects

her wife He delivered lect%re at Harvard University He en&oyed with 'ea%tif%l

women from several continents While wor$ing at their (r%no give him idea to %se

new tools for forecasting his is ideal tool to &%stify the inflated rates increase whichshow in order to o'tain large loans

+or this p%rpose he hires *r -adip%ram /rasad and gives him '%dget and after si4

month he develops Mar$ov method for econometrics modeling his method is %sed

for forecasting the impact of infrastr%ct%re investment on economic development

his will scientific prove and the good thing which li$e 'y .ohn is no 'ody can arg%e

on the res%lts and concl%sion 'eca%se it re0%ired a lot of time, money and highly

e4pert econometrics hey p%'lished a lot of papers He came to $now that theanalysis which he prod%ces was not to %p to date with their standard inflated .immy

Carter set o%t to renegotiate the Canal reaty )ts created great interest towards the

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Cha3,#r *5

Irans $n- o< $n-s

Chara:,#rs;

.ohn /er$ins

King Shah

Gamin

Lo:a,$on;

)ran

In,ro%/:,$on;his chapter covers the disc%ssion 'etween the Gamin and .ohn, and the

S%ccession of $ing Shah Here $ing of $ings means $ing Shah his chapter tell how Shah

(ecome more s%ccessf%l How G%min aware him a'o%t the ;+lowering *esert pro&ect? and

G%min is against this pro&ect

S/mmar0; .ohn said o%r ne4t target was )ran 'eca%se it is rich in oil li$e Sa%di

!ra'ia (%t the sit%ation is completely differing from Sa%di !ra'ia hey don>t need

to finance their pro&ect and enhance it co%ntryhey '%ilt good relationship with their

neigh'orhood co%ntries So we need a different approach as we %sed in Sa%di !ra'ia

US send C)! to deposed Mohammed Mossadegh So shah 'ecomes $ing he King

Shah was a 'rilliant person he r%n his co%ntry in good manners So we start with this

li$e we anno%nce that )ran has a great leader and Shah>s Fovernment is as good as

China, Korea !s an EHM we $now how to trap people

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)n 17D: he ordered large private land holdings 'ro$en %p and t%rned over to farmer

owners, he ina%g%rated his white revol%tion, )ran developed one of the most powerf%l

military forces in the M%slim so he 'ecome most powerf%l leader in the world Sothey start wor$ there again they got same pro&ect there wor$ was to design electrical

generating, transmission, which provide energy, and forecast the regional

development which cover almost all co%ntry .ohn visited almost all places of )ran for

s%rvey When he ret%rn hotel he fo%nd a letter signed 'y G%min he was wondered he

don>t $now a'o%t him well, he open that letter where Gamin invite him in other hotel

and warn him to come alone He also wrote in this letter if yo% really want to develop

)ran yo% sho%ld come there, .ohn was in shoc$ 'eca%se he never $nows him and may

'e some want to trap him

So he decided to go there when he reached in hotel a tall man come towards him and

introd%ce himself Gamin So we sit, first he appreciate my wor$, and then he e4plain

;+lowering *esert pro&ect? He said Shah 'elieve that o%r desert was once forest so

we covert this desert again in to the forest, so we fertile vegeta'les and fr%its there,

'%t why we do this his is part of o%r environment converting it means he want

agric%lt%re there, ) don>t thin$ it>s a good idea ) $now yo%r company earn millions '%t

we lost millions for this pro&ect !nd it destroys o%r entire fa'rics )t ca%se destroy

o%r environment and c%lt%re collapse .ohn said ) agree with yo%

.ohn replies him ) thin$ this idea is given 'y )ran peoples He la%ghed this idea is

come from Shah>s mind he is US government p%ppet He act%ally want ) stop this

pro&ect hen he tells he is part of dessert He tells me he wants me to meet with his

friend which help him more, He appreciate me well and said yo% are o%r hope He

also tells me his friend will shoc$ him when he tells some facts !fter this he moved

to the Hotel

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Cha3,#r *9

Con


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p%shed the door and 'oth enter there he room was window less he room was very

tiny he did not fo%nd any l%4%ry there s%ddenly a man come on wheelchair his face

was covered Gamin as$ed me to sit on carpet He whispered in *oc ears and sit'eside me then he start conversation *oc said welcome Mr .ohn /er$ins *oc Said

once ) was m%ch closed to the Shah li$e % His voice was very sad and some $ind of

angry He mention so very well2$nown leader of World he said he wor$ed for them

and they tr%sted him Shah always said all of o%rs who carried o%t the mission we

tho%ght we had 'een 'orn to f%lfill6

S%ddenly he move slightly in light .ohn wondered when he saw he had no nose He

said yo% can>t see me in f%ll light He la%ghed and said he is dead for all and ) $now

yo% will not try to find me .ohn legali3ed how he was cr%elled 'y someone who c%t

his nose He said yo% are waiting for this that why ) invited yo% here Shah>s father

was deposed 'y US and ) involved with them he e4plained sadly he Shah is &%st li$e

Hitler who comes with evil Shah will no longer more he hated 'y all M%slims

co%ntries .ohn said ) don>t 'elieve on yo% hen Gamin said yo% met with only those

people who got 'enefits from Shah hat>s why they praised him

*oc as$ed me that he sho%ld help his company to stay away from )ran (eca%se Shah

will go soon and Shah will not pay yo% any money and yo%r company face disaster

)n short ) warn yo% to stay away from o%r co%ntry hen he negotiates with Gamni

and said we sho%ld end this conversation While driving 'ac$ .ohn 0%estioned him

why he chooses me, he replied that yo% are a person who is playing a roll of middle

man .ohn wondered how m%ch he $nows a'o%t him

Cha3,#r (6

THE FALL OF A ING

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Lo:a,$on;

ehran, s father,

In,ro%/:,$on;

)n this chapter &ohn disc%ssed the US policy against the King Shah and shah fallen

from $ingdom

S/mmar0;

.ohn was sitting at a 'ar in ehran when his old friend from Middle'%ry, +arhad,

came %p +arhad tells &ohn they need to leave ehran 'eca%se it was a'o%t to fall

apart .ohn and +arhan left ehran for


55/93

wo days after &ohn dinner with +arhan and his parents, )ran stared 'om'ing and riots

in ehran led 'y !yatollah Khomeini he Shah fled the co%ntry for Egypt and

)ranians demanded him 'ac$ he )slamist gra''ed the !merican em'assy to holdhostages for the ret%rn of Shah /resident negotia'le with them to release the hostage

'%t they failed *%e to high press%re, the US government overthrew the shah from

United States orri&os of panama gave shelter to Shah he US acc%sed panama of

corr%ption, coll%sion with shah and ris$ing the lives of !merican he US who had

set the Shah in power, pressed for his ret%rn to )ran

*ocs prediction that M!)- wo%ld lose millions came tr%e he US tried to deny the

role that it had in damaging the world Even some people in M!)- didnt $now what

was really going on, and he was certain the -S! and C)! were intentionally

enco%raging everyone to $eep their eyes closed

Cha3,#r (*

ESTONE OF LATIN AMERICA

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Lo:a,$on;

Colom'ia

Chara:,#r;

.ohn /er$ins,

/a%la

In,ro%/:,$on;

his chapter 'riefly descri'es the importance of Colom'ia in Latin !merica and

/a%la impact on his life

S%mmary

! ret%rn to the old game of getting poor co%ntries to sign contracts that they co%ld

never repay was what was presented to /er$ins in Colom'ia )n Colom'ia M!)- was

designer and lead engineering firm in hydroelectric pro&ect Colom'ia is descri'ed as

'eing the geographical and political gateway to So%th !merica )t connects all the

so%thern co%ntries to the )sthm%s of /anama and 'oth central and -orth !merica

Colom'ia is rich in nat%ral reso%rces and has a long te4t%red history and its people

have special 0%ality, com'ining the physical, c%lt%ral and artistic traits of diverse

ethnic 'ac$gro%nd ranging from local taironas to imports from other co%ntries

Colom'ia had a rep%tation for prod%cing talented people li$e some of Latin

!merica>s most 'rilliant writers, philosophers, artists and other intellect%als

/er$ins &o' in Colom'ia was very typical as compare to other places where he

wor$edit was 0%ite easy to demonstrate that ass%med start pro&ect from the de'ts

when pro&ect is completed repay the load from them and from the nat%ral reso%rces of

the co%ntry *%e to his &o' /er$ins many time had 'een presented the case for

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e4ceedingly large loans /er$ins saw Colom'ia as a sort of ref%ge for him despite the

harm he and his company were perpetrating against the nation

)n Colom'ia he met an important fig%re in his life, /a%la She was an )talian fashion

designer with factories in Colom'ia /a%la helped .ohn, in a gentle and $ind manner,

to see the misconceptions 'ehind his rationale for wor$ing as an Economic Hit Man

for M!)- hro%gh conversation and po$ing she 'ro%ght him to honestly reviewing

his decisions /er$ins 'elieves life is composed of a series of coincidences over which

we have no control, however, once we are presented with those coincidences, we

m%st ma$e choices What ma$es the difference in life is how we respondB what

choices we ma$e at those critical crossroads in life !ll decisions, he e4plained, 'ring

yo% to yo%r c%rrent station in life /a%la was a coincidence that forced /er$ins to a

decision a'o%t the direction his life was headed in She was the catalyst that ca%sed

him to 0%estion his role

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Cha3,#r ((

AMERICAN REPUBLIC VERSUS GLOBAL EMPIRE

Lo:a,$on;

Colom'ia

Chara:,#r;

Man%el

/a%la,

/er$ins

In,ro%/:,$on; his chapter descri'e glo'al empire materialistic approach and

!merican rep%'lic which was moral and philosophical

S/mmar0;

/a%la and /er$ins involve in a disc%ssion a'o%t a recent g%errilla attac$ on a M!)-

pro&ect site he wor$ing class native people in Colom'ia disli$ed the dam that was

'eing '%ilt 'eca%se they didnt want the land in the valley it was 'eing constr%cted in

to 'e flooded hey promised to see them destroyed 'efore they were ever completed,

no matter the cost ! Colom'ian foreman, Man%al orres, had 'een threatened 'y amilitant gro%p wielding !K28Is When orres informed /er$ins of the clash, /er$ins

frightened him 'y claiming the militants were not simply wor$ing Colom'ian peers

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of the foreman, rather they were a gro%p of pro2comm%nism o%tlaws wor$ing on

'ehalf of China and


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was cementing them into their c%rrent social stat%s and ens%ring they wo%ld 'e slaves

their entire lives

Cha3,#r (2

THE DECEPTIVE RESUME

Lo:a,$on;

Colom'ia

Chara:,#r;

/a%la,

/er$ins

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In,ro%/:,$on;

his chapter descri'e how his res%me was manip%lated and omitted some feat%re

which show 'ad impact of read

S/mmar0;

/er$ins reprod%ces on his own awa$ening to the tr%e nat%re of his wor$ and how it is

misrepresented on his seeming top notch res%me He e4plains how M!)- wo%ld

%pdate his res%me for him with each new pro&ect he too$ on and completed, so when

he did decide to find his res%me to ta$e a loo$ at it the material was all new to him

he res%me listed a n%m'er of 6clients served6, the most interesting of which was the

last line that read, 6US reas%ry *epartment, Kingdom of Sa%di !ra'ia6 /er$ins

notes the strangeness of these two entities 'eing listed on one line, together He

e4plains that the wording and placement of those 6clients6 is act%ally a tip off to those

in the inner circle of international '%siness that he had 'een one of the engineers of

the 'iggest infrastr%ct%re deal the world had ever seen he wor$ he had done to earn

s%ch credentials, his lamentations at the inacc%racy of the doc%ment He $nows that,

altho%gh the res%me portrays him as an intelligent o%tstanding stone, he had to stoopto low levels and do a lot of dirty wor$ thro%gho%t the years

/er$ins $new the only reason he had met with so m%ch s%ccess was 'eca%se he, time

and again, prod%ced res%lt that the company had hoped for He fo%nd a way to ma$e

the stoc$holders h%ge amo%nts of money He had never 'een good at mathematics

and didnt even have a degree in economics, yet he fo%nd himself in the position of

Chief Economist at a ma&or international engineering and cons%lting firm

What %pset .ohn in one article was when he read that his 6interest and s%pport he held

for his staff was evident and admira'le6 he fact was that he was nothing witho%t

them, since he was never that great at math or was even a trained economist His real

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gift was that he co%ld convince people with his words He was training more and

more EHMs that were ma$ing the world more economically %ne0%al and dangero%s

He tho%ght a lot a'o%t the idea of integrity, ethics and a'o%t appearances vers%sreality .ohn tried to calm himself, '%t he $new he was aiding physical destr%ction

a'road, as well as domestic moral destr%ctionB it needed to stop

He had made it a practice to hire people more capa'le than him at doing his &o' and

p%t %nd%e press%re on them to prod%ce the res%lts he $new those in higher %p

positions wanted he prod%ction of positive forecasts, no matter the method was

what he was good at

Cha3,#r (+

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His 'iggest competitor was e4aco )t was r%mo%red that in Ec%ador the 'ig oil

companies had coll%ded with, and 'o%ght o%t, one gro%p of Christian missionaries

he S%mmer )nstit%te of Lang%age had a stated goal of teaching English to native

tri'e>s people thro%gho%t the Central !merican region )- doing so the ministers

wo%ld also introd%ce those they were teaching to Christianity and %rge them to set %p

and attend ch%rch services he S)L was acc%sed of pers%asion native tri'es to move

off their native lands to central camps in order to receive free food, health care, and

ed%cation )n ret%rn the tri'es> people had to agree to sign their land over to oil

companies for e4ploration he ministers were sent to areas that had 'een spec%lated

'y large oil companies and deemed to have vast s%'soil oil reserves

.ohn admires


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wo%ld head from there -o one ris$ed challenge the Chairman, in fear of losing their

own &o' .ohn goes on a cr%ising trip to the Nirgin )slands with a yo%ng woman who

wor$s for him His own inner 'attle rages on and has 'een steadily intensifying*espite perfectly pleasant s%rro%ndings, .ohn cannot get his mind to rest, so he

decides to ta$e a small row 'oat and go ashore alone

He sits atop a wall of an old s%gar cane plantation and contemplates the lives and

e4periences of the slaves that died '%ilding that wall and the men who p%lled those

slaves from their homes and families in !frica to come and wor$ them to death in the

Cari''ean He 'ecame so angry that he pic$ed %p a stic$ and 'egan 'eating the wall

over and over %ntil he reached e4ha%stion He reali3ed his rage sho%ld 'e directed

inward, for the deeds he had chosen to commit himself He hated the life he had

created for himself despite all the s%perficial ornamentation and wealth of it He co%ld

live with no longer He 0%it When .ohn ret%rned to (oston on !pril 1, 17

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Cha3,#r (7

ECUADORS PRESIDENTIAL DEATH

Lo:a,$on;

Ec%ador

Chara:,#r;

.ohn

In,ro%/:,$on;

his chapter define the &ohn 0%it the &o' and &oining a new &o' as an e4pert witness on

legal cases

S/mmar0;

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Cla%dine had predicted, it was not easy to leave the life and employment of an

Economic Hit Man .ohn had a new 'oss, /a%l /riddy who 'elieved his resignation to

'e an !pril fool>s *ay &o$e at first His colleag%es, staff, and friends tried to tal$ himo%t of 0%itting 'y listing all the positive attri'%tes of the &o' and its 'enefits Many of

them were distr%stf%l of his motives, thin$ing he was possi'ly controlled toward a

career in politics that might e4pose their crimes and way of life

He tried to offset s%ch ideas 'y telling people he wanted to travel and wor$ for

-ational Feographic )n the end, he was not a'le to f%lly e4tract himself from the

lifestyle or his position He accepted the &o' of 'eing an e4pert witness for p%'lic

%tility companies see$ing '%ilding permits from the state for new power plants


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Cha3,#r (8

ANOTHER PRESIDENTIAL DEATH

Lo:a,$on;

/anama

Chara:,#r;

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71/93

significant factor in policy toward /anama orri&os was replaced 'y Man%el -oriega,

a man who, in /er$ins view, had no chance in standing %p


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Cha3,#r (5

M0 En#r-0 Com3an0? Enron? an% G#or-# . B/sh

Chara:,#rs;

.ohn /er$ins

Lo:a,$on;

Sa%di !ra'ia

In,ro%/:,$on; )n this chapter .ohn 'riefly e4plained how Enron failed and how

/er$in was 'ecame the part of Har$en Energy

S/mmar0;

Winifred too$ a leave of a'sence from M ! ) -, and together sailed 'oat down the!tlantic coast toward +lorida We too$ o%r time, fre0%ently leaving the 'oat in

different ports so ) co%ld fly off to provide e4pert witness testimony Event%ally, we

sailed into West /alm (each, +lorida, and rented an apartment We married, and o%r

da%ghter, .essica, was 'orn on May 1I, 17: ) was thirty2si4, considera'ly older than

all the other men who h%ng o%t in Lama3e class Several months after .essicas 'irth

in 17:, 1 fo%nded )ndependent /ower Systems ")/S#, a company whose mission

incl%ded developing environmentally 'eneficial power plants and esta'lishing models

to inspire others to do li$ewise )t was a high2ris$ '%siness, and most of o%r

competitors event%ally failed However, 6coincidences6 came to o%r resc%e

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)n fact, ) was certain that many times someone stepped in to help, that ) was 'eing

rewarded for my past service and for my commitment to silence /er$ins str%ggled

with his role as an e4pert witness 'eca%se he was testifying %nder oath that he'elieved in the acc%racy of his economic predictions altho%gh he a'sol%tely $new

them to 'e wholly false He st%c$ with it, however, 'eca%se it gave him a lot of free

time while still 'ringing in an admira'le salary Winifreds father happened to have

spent his career wor$ing as an e4ec%tive at (echtel *espite the fact that Winifred

was a committed environmentalist, her first &o' o%t of college at UC (er$eley was at

Enron /er$ins once again 0%it his &o', '%t this time he started his own company He

la%nched )ndependent /ower Systems, a company 6whose mission incl%ded

developing environmentally 'eneficial power plants6/er$ins receiving financial

'ac$ing and s%pport from (r%no Jam'otti, and a host of ma&or players and

companies, incl%ding the US Congress

)/S along with (echtel revol%tioni3ed the power ind%stry 'y '%ilding coal power

plants that did not ca%se acid rain to fall in s%rro%nding areas M!)- completely

folded and went o%t of '%siness d%ring that time as well Mac Hall had lost to%ch

with the direction of the energy mar$et and no one informed him, &%st as (r%no

predicted M ! ) - was one e4ample of a company that did not cope well in the

changing atmosphere of the energy ind%stry ! rising star, Enron, was a little $nown

company that, virt%ally o%t of nowhere, 'egan p%tting together h%ge deals -o'ody in

the field co%ld fig%re o%t how they co%ld finance s%ch endeavors /er$ins provides a

'rief history of the flailing career of Feorge W (%sh, 'eginning at !r'%sto Energy,

which flopped, and 'ecame a part of Har$en Energy (%sh .r remained on the 'oard

and s%ddenly the fledgling Har$en 'egan to land h%ge contracts, the most

conspic%o%s of which was the right to drill oil off the coast of (ahrain Har$en 'eat

o%t !moco in that deal (%sh had &%st 'een elected president and had arranged the

tal$s 'etween (ahraini officials and his sons company ) was less s%rprised than my

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peers, '%t ) s%ppose ) had a %ni0%e perspective ) had wor$ed for the governments of

K%wait, Sa%di !ra'ia, Egypt, and )ran, ) was familiar with Middle Eastern politics,

and ) $new that (%sh, &%st li$e the Enron e4ec%tives, was part of the networ$ ) andmy E H M colleag%es had createdB they were the fe%dal lords and plantation masters

Cha3,#r (9

I ,a'# a Br$"#

Chara:,#rs;

.ohn /er$ins

Lo:a,$on;

Sa%di !ra'ia

In,ro%/:,$on; )n this chapter .ohn 'riefly e4plained how he 'ecame the part of

illegal activities and had he 'etrayed himself, his family and his co%ntry

S/mmar0;

While Mc-amara served as secretary of defense and president of the World (an$ the

ideas of aggressive leadership and empire f%rtherance no matter the short term cost

spread li$e wildfire thro%gho%t the whole corporate world !ltho%gh alternative

energy so%rces e4isted, the fact that almost the entire (%sh administration had made

money in oil prevented e4pansion and distri'%tion of these technologies to the p%'lic

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.ohn /er$ins

Lo:a,$on;

United States

In,ro%/:,$on;)n this chapter .ohn e4plained how he e4poses the US position

S/mmar0;

his chapter is foc%sed on Man%el -oriega and the US invasion of /anama /er$ins

e4poses the US position s%perficial and dishonest in many ways He claims the

invasion spr%ng o%t of the deep seated fear of Feorge (%sh Sr that the !merican

people 'elieved him to 'e a wimp He wanted to prove his power and strength to

everyone He ordered an air attac$ on /anama City that was the largest attac$ 'y the

US since World War )) Many civilians died and the administration claimed they were

p%nished -oriega for his illegal dr%g r%nning and corr%pt activities -oriega '%ilt his

rep%tation as a colonel heading %p the /anamanian *efense +orces F2: %nit, the

military intelligence command that was the national liaison with the C)! )n this

capacity, he developed a close relationship with C)! *irector William . Casey he

C)! %sed this connection to f%rther its agenda thro%gho%t the Cari''ean and Central

and So%th !merica

+or e4ample, when the


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world He attempts to give a reasona'le e4planation as to how good people can

participate in s%ch heino%s acts that res%lt in mass s%ffering and death of millions of

desperate people thro%gho%t the world /er$ins 'elieves that the invasion of /anamain 177 sym'oli3ed the whole system of corr%ption, greed, and glo'al domination

)t showed the lengths that powerf%l men and women wo%ld go to protect and e4pand

their assets he desta'ili3ation campaign la%nched 'y the United States in 17D,

ending with the 177 /anama invasion, was a res%lt of the US re&ection of any

scenario in which f%t%re control of the /anama Canal might 'e in the hands of an

independent, sovereign /anama5s%pported 'y .apan Sh%lt3 and Wein'erger,

meanwhile, mas0%erading as officials operating in the p%'lic interest and 'as$ in

pop%lar ignorance a'o%t the powerf%l economic interests they represented, were

'%ilding a propaganda campaign to shoot me down

Washingtons stated &%stification for the attac$ was 'ased on one man he United

States sole rationale for sending its yo%ng men and women to ris$ their lives and

consciences $illing innocent people, incl%ding %ntold n%m'ers of children, and setting

fire to h%ge sections of /anama City, was -oriega He was characteri3ed as evil, as

the enemy of the people, as a dr%g2traffic$ing monster, and as s%ch he provided the

administration with an e4c%se for the massive invasion of a co%ntry with two million

inha'itants 5 which coincidentally happened to sit on one of the most val%a'le

pieces of real estate in the world ) fo%nd the invasion dist%r'ing to the point of

driving me into a depression that lasted many days ) $new that -oriega had

'odyg%ards, yet ) co%ld not help 'elieving that the &ac$als co%ld have ta$en him o%t,

as they had


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rights gro%ps estimated the n%m'er of dead 'etween three and five tho%sand in this

attac$

Cha3,#r 2*

An EHM Fa$/r# $n Ira>

Chara:,#rs;

.ohn /er$ins

Lo:a,$on;

United States

In,ro%/:,$on;)n this chapter .ohn e4plained how EHM fail%re in )ra0

S/mmar0;

)n this chapter, /er$ins foc%ses in the state of )ra0 in the late eighties and nineties He

e4plains how he was privy to information a'o%t the co%ntry and its political and

economic state of affairs that few others $new a'o%t at all Companies li$e (echtel

and Halli'%rton were hoping to stri$e l%crative deals in )ra0 with Saddam H%ssein

hey had grand visions of )ra0 'ecoming the sister state to Sa%di !ra'ia, however,

d%e to )ra0s m%ch more 'o%ntif%l water s%pply and the fact that it shares 'orders with

many strategic Middle Eastern nations, )ra0 was even more of a gem to economists

(y the late eighties it 'ecame apparent that H%ssein was not a'o%t to '%y into what

the engineering firms were proposing Saddam H%ssein %ndo%'tedly was aware that

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the Sa%dis also en&oyed special treatment when it came to matters of international

law

heir good friends in Washington t%rned a 'lind eye to many Sa%di activities,

incl%ding the financing of fanatical gro%ps many of which were considered 'y most

of the world to 'e radicals 'ordering on terrorism and the har'oring of international

f%gitives )n fact, the United States actively so%ght and received Sa%di !ra'ian

financial s%pport for Asama 'in Ladens !fghan war against the Soviet Union he


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Cha3,#r 22

V#n#z/#a Sa=#% B0 Sa%%am

Chara:,#rs;

.ohn /er$ins

Lo:a,$on;

United States

In,ro%/:,$on;)n this chapter .ohn e4plained how he ta$es the step for revol%tion

S/mmar0;

Nene3%ela is a co%ntry as rich with oil as it is with c%lt%re and history /er$ins

provides a 'rief s%mmary of the recent political history of Nene3%ela and the actions

of its present leader, H%go Chave3 hro%gho%t the twentieth cent%ry Nene3%ela has

'een a pri3ed nation 'y economists and engineers, which has made it a target for

EHMs and the corporatocracy Until Chave3 was elected in the late nineties the

co%ntry lac$ed a leader with eno%gh strength and charisma to stand %p to the

corporate 'ehemoth He immediately instit%ted drastic meas%res, ta$ing control of the

co%rts and other instit%tions and dissolving the Nene3%elan Congress He deno%nced

the United States for its 6shameless imperialism,6 spo$e o%t forcef%lly against

glo'ali3ation, and introd%ced a hydrocar'ons law that was reminiscent, even in name,

to the one .aime


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Nene3%ela, 'y replacing its top e4ec%tives with people loyal to him Nene3%elan oil is

cr%cial to economies aro%nd the world

)n ::, the nation was the worlds fo%rth2largest oil e4porter and the n%m'er three

s%pplier to the United States /etrQleos de Nene3%ela, with forty tho%sand employees

and R9 'illion a year in sales, provides percent of the co%ntrys e4port reven%e )t

is 'y far the most important factor in Nene3%elas economy (y ta$ing over the

ind%stry, Chave3 had thr%st himself onto the world stage as a ma&or player

Nene3%elan oil was 'eing p%mped o%t of the gro%nd for the profit of foreign

companies and the co%ntry was saddled with immense de'ts at the time Chave3 was

elected Upon ta$ing power Chave3 enacted 'old and sweeping new laws which

strengthened his control over government and its f%nctions and he ass%med total

control over the state r%n oil company, /etroleos *e Nene3%ela /er$ins e4plains how

the US !dministration and the C)! too$ the same co%rse of action in Nene3%ela to

discredit the co%ntries democratically elected leader as they did in )ran, with

Mossadegh in the 179s

!gents of the US government infiltrated Nene3%ela and wor$ed to foment a stri$e of

oil wor$ers in order to desta'ili3e the government and force people to do%'t the

intentions of their pop%list leader he stri$e occ%rred and a co%p was attempted )n

fact, there were reports that Chave3 had 'een o%st form office, '%t s%rprisingly

Chave3 was a'le to hold onto the reins of government and 0%ell the fears of the

nation he C)! has failed He regained control and fired any government official that

he s%spected of coll%ding with US agents /er$ins s%spicions were confirmed when,

0%ite coincidently, a colleag%e confided that the stri$es and co%p were completely

orchestrated 'y people wor$ing for the US government !t least for the time 'eing, )

'elieve a serio%s crisis was averted in Nene3%ela and Chave3 was saved 'y Saddam

H%ssein he (%sh administration co%ld not ta$e on !fghanistan, )ra0, and Nene3%ela

all at once !t the moment, it had neither the military m%scle nor the political s%pport

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to do so ) $new, however, that s%ch circ%mstances co%ld change 0%ic$ly, and that

/resident Chave3 was li$ely to face fierce opposition in the near f%t%re -onetheless,

Nene3%ela was a reminder that not m%ch had changed in fifty years e4cept theo%tcome

Cha3,#r 2+

E:/a%or R#=$s$,#%

Chara:,#rs@

.ohn /er$ins

Lo:a,$on;

United States

In,ro%/:,$on;)n this chapter .ohn e4plained how he reflect the idea in regards to

choosing the foc%s attention on what tr%ly matters in the world rather than endlessly

trying to attain s%perficial and short term entertainment

S/mmar0;

Ance again, /er$ins visits Ec%ador, thirty five years after he served in the /eace

Corps as a yo%ng man, &%st o%t of college He drove the winding !ndean roads and

too$ mental note of the areas that had 'een vast stretches of !ma3onian rain forest

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and were now desolate fields overgrown with weeds he tiny oil rich co%ntry and its

inha'itants were saddled with massive de't to international monetary firms that were

p%tting more and more press%re on the government to pay %p 'y conceding drillingrights thro%gho%t the co%ntry to massive international oil companies

-ative tri'al leaders held a meeting to disc%ss the c%rrent state of affairs and present a

%nified co%rse of action to the p%'lic in order to co%nteract the oil conglomerates

Elders shared stories of people from within their own comm%nities that had sold o%t

for 'ig money and 'ig dreams to oil e4ec%tives Many people as$ed /er$ins a'o%t the

impending US invasion in )ra0 hey wanted to $now what the standpoint of the

co%ntry wasB what the p%rpose of going to war was He was str%c$ 'y the irony that

altho%gh the average US citi3en tho%ght the native people of the !ma3on region to 'e

%ned%cated and 'r%tish they were act%ally m%ch more aware of the state of

international affairs and as$ed m%ch more poignant 0%estions with regards to US

actions

)n fact, /er$ins asserts that the average US citi3en $new less and as$ed fewer

0%estions of relevance to their leaders than these people who lived deep in the &%ngles

of So%th !merica he native peoples seemed to $now more a'o%t c%rrent events as

well as position held in the past 'y many prominent !merican statesmen Many

ancient c%lt%res aro%nd the glo'e prophesied that the period of years from the late

nineties and into the first co%ple decades after the year two tho%sand wo%ld mar$ a

great shift in h%man history

!n age of remar$a'le change in o%r collective perceptions of the world aro%nd %s and

o%r direction therein was imminent /er$ins reflects on this idea in regards to

choosing to foc%s attention on what tr%ly matters in the world rather than endlessly

trying to attain s%perficial and short term entertainment He writes of his hope that

those in power will awa$en to a deeper p%rpose and a more profo%nd sense of self

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Th# En% No,#

he confessions of an economic hit man, is the story of imperialism and capitalism in the

world, in the eyes of .ohn /er$ins !fter reading this a%to'iography, the reader came to $now

that how !merica esta'lished the Master2slave system in the world !nd the master of all is

!merica )t seems the corporate of !merica don>t want to flo%rish any economy (%t every

nation m%st 'e dependent to the !merican Capitalist o save the power of !merica, the

capitalist %ses all of their reso%rces, li$e !merican political str%ct%re, !merican army,

!merican geni%s minds and !merican donations as well )t is told that in the name of

US!)*, only developing co%ntries are e4ploited )n the developing co%ntries, the capitalist

pyramid is s%pported and esta'lished 'y !merica )n the developing co%ntries, e4cept a few

powerf%l and wealthy, all acted as slaves to !merican corporatocracy

.ohn /er$in>s tells, in his entire career at Main, he did whatever Main official wanted (%t he

was conscio%sly not satisfied He was &%st a small part of whole system )f he went o%t of the

system, someone else will replace him

his 'oo$ is really an eye opener )t tells, how did act%ally, the economic flow in the world

has ta$en place he story written seems to 'e 0%iet real (eing the citi3en of /a$istan, the

'oo$ is very apprehensive

Th# s:#nar$o o< Pa'$s,an

/a$istan is a developing co%ntry Every year, every /a$istani is '%rdened with the 'igger

national de't US!)*,and ind%lgence of world 'an$ is also advent here

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)nspite of all the aids and mega constr%ction pro&ects, the living standard of any person from

lower and middle class is deteriorating ! common person is striving for the 'asic needs of

life, food, shelter "home#, health and ed%cation !n %nseen force is s%pporting corr%pt

politicians !mericans have their army 'ases, are free to do any army operation in o%r

co%ntry, either in the form of drones or missing people

Constr%ctively,

what a single person can do in this regard

!fter disc%ssion with o%r st%dy gro%p we have a few points, which are descri'ed 'elow@

+irst of all, awareness and ed%cation -ormally the social media is meant for creating

social awareness (%t in /a$istan, the ma&ority of o%r media o%tlets T newspapers, maga3ines,

p%'lishing ho%ses, television stations, radio stations, etc T are owned 'y powerf%l

international and wealthy national corporations and these corporations arent afraid to

manip%late the news they deliver We sho%ld see$ the tr%th and enco%rage others to do the

same

We, as nation, need to %nite and e4ercise honesty on individ%al level

We sho%ld open o%r eyes, regarding politicians he corr%pt politician sho%ld 'e

critici3ed socially and collectively We sho%ld raise o%r voice, to get the information of all the

de't hat, where and how the f%nds are 'eing spent he de'ts which were act%ally meant

for progress and prosperity of the nation, not for slavery

We can %se social, print and electronic media to raise awareness regarding 'etter

prod%ctive cons%mption of petrole%m prod%cts which involve h%ge foreign e4change

We sho%ld s%pport o%r domestic companies for day to day fast moving cons%ma'le

goods

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We sho%ld develop and s%pport the comm%nities and gro%ps, who help the deprived

and poor people aro%nd %s ogether we can get rid of cl%tches of imperialism, '%t on the

individ%al level we need self acco%nta'ility

+inally, we wo%ld also li$e to 0%ote the important 0%estions stated 'y the we' site,

;wwwcapitalreadercom?

;hese are the essential 0%estions of o%r time

!s$ yo%rself the following 0%estions@

1 Why have ) allowed myself to 'e s%c$ed into a system that ) $now is %n'alanced

: What will ) do to help o%r children, and all children everywhere, to f%lfill the dream

of o%r +o%nding +athers, the dream of life, li'erty, and the p%rs%it of happiness

What co%rse will ) ta$e to end starvation, and ma$e s%re there is never again a day

li$e Septem'er 11th

8 How can ) help o%r children %nderstand that people who live gl%ttono%s, %n'alanced

lives sho%ld 'e pitied '%t never, ever em%lated, even if those people present themselves,

thro%gh the media they control, as c%lt%ral icons and try to convince %s that pentho%ses and

yachts 'ring happiness

9 What changes will ) commit to ma$ing in my attit%des and perceptions

D What for%ms will ) %se to teach others and to learn more on my own?

Summaries of Confessions of an Hitman

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