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    Confessions of an Economic Hit Man

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      3. John D. Martz, Politics and Petroleum in Ecuador (New Brunswick and Oxford: Transaction Books, 1987), p 303.

      4. John D. Martz, Politics and Petroleum in Ecuador (New Brunswick and Oxford: Transaction Books, 1987), pp 381, 400.

      Chapter 27. Panama: Another Presidential Death

      1. Graham Greene, Getting to Know the General (New York: Pocket Books, 1984), p 11.

      2. George Shultz was secretary of the Treasury and chairman of the Council on Economic Policy under Nixon-Ford, 1972–1974, executive president or president of Bechtel, 1974–1982, secretary of state under Reagan-Bush, 1982–1989; Caspar Weinberger was director of the Office of Management and Budget and secretary of Health, Education, and Welfare under Nixon-Ford, 1973–75, vice president and general counsel of Bechtel Group, 1975–80, secretary of defense under Reagan-Bush, 1980–87.

      3. During the 1973 Watergate hearings, in his testimony before the U.S. Senate, John Dean was the first to disclose U.S. plots to assassinate Torrijos; in 1975, at Senate inquiries into the CIA, chaired by Senator Frank Church, additional testimony and documentation of plans to kill both Torrijos and Noriega were presented. See, for example, Manuel Noriega with Peter Eisner, The Memoirs of Manuel Noriega, America’s Prisoner (New York: Random House, 1997), p 107.

      Chapter 28. My Energy Company, Enron, and George W. Bush

      1. For additional information on IPS, its wholly-owned subsidiary Archbald Power Corporation, and former CEO John Perkins, see Jack M. Daly and Thomas J. Duffy, “Burning Coal’s Waste at Archbald,” Civil Engineering, July 1988; Vince Coveleskie, “Co-Generation Plant Attributes Cited,” The Scranton Times, October 17, 1987; Robert Curran, “Archbald Facility Dedicated,” Scranton Tribune, October 17, 1987; “Archibald Plant Will Turn Coal Waste into Power,” Citizen’s Voice, Wilkes-Barre, PA, June 6, 1988; “Liabilities to Assets: Culm to Light, Food,” editorial, Citizen’s Voice, Wilkes-Barre, PA, June 7, 1988.

      2. Joe Conason, “The George W. Bush Success Story,” Harpers Magazine, February 2000; Craig Unger, “Saving the Saudis,” Vanity Fair, October 2003, p 165.

      3. Craig Unger, “Saving the Saudis,” Vanity Fair, October 2003, p 178.

      4. See George Lardner Jr. and Lois Romano, “The Turning Point After Coming Up Dry,” Washington Post, July 30, 1999; Joe Conason, “The George W. Bush Success Story,” Harpers Magazine, February 2000; and Sam Parry, “The Bush Family Oiligarchy—Part Two: The Third Generation,” http://www.newnetizen.com/presidential/bushoiligarchy.htm (accessed April 19, 2002).

      5. This theory took on new significance and seemed ready to fall under the spotlight of public scrutiny when, years later, it became clear that the highly respected accounting firm of Arthur Andersen had conspired with Enron executives to cheat energy consumers, Enron employees, and the American public out of billions of dollars. The impending 2003 Iraq war pushed the spotlight away. During the war, Bahrain played a critical role in President George W. Bush’s strategy.

      Chapter 29. I Take a Bribe

      1. Jim Garrison, American Empire: Global Leader or Rogue Power? (San Francisco: Berrett-Koehler Publishers, Inc., 2004), p 38.

      Chapter 30. The United States Invades Panama

      1. Manuel Noriega with Peter Eisner, The Memoirs of Manuel Noriega, America’s Prisoner (New York: Random House, 1997), p 56.

      2. David Harris, Shooting the Moon: The True Story of an American Manhunt Unlike Any Other, Ever (Boston: Little, Brown and Company, 2001), p 31-34.

      3. David Harris, Shooting the Moon: The True Story of an American Manhunt Unlike Any Other, Ever (Boston: Little, Brown and Company, 2001), p 43.

      4. Manuel Noriega with Peter Eisner, The Memoirs of Manuel Noriega, America’s Prisoner (New York: Random House, 1997), p 212; see also Craig Unger, “Saving the Saudis,” Vanity Fair, October 2003, p 165.

      5. Manuel Noriega with Peter Eisner, The Memoirs of Manuel Noriega, America’s Prisoner (New York: Random House, 1997), p 114.

      6. See www.famoustexans.com/georgebush.htm, p 2.

      7. Manuel Noriega with Peter Eisner, The Memoirs of Manuel Noriega, America’s Prisoner (New York: Random House, 1997), p 56-57.

      8. David Harris, Shooting the Moon: The True Story of an American Manhunt Unlike Any Other, Ever (Boston: Little, Brown and Company, 2001), p 6.

      9. www.famoustexans.com/georgebush.htm, p 3.

      10. David Harris, Shooting the Moon: The True Story of an American Manhunt Unlike Any Other, Ever (Boston: Little, Brown and Company, 2001), p 4.

      11. Manuel Noriega with Peter Eisner, The Memoirs of Manuel Noriega, America’s Prisoner (New York: Random House, 1997), p 248.

      12. Manuel Noriega with Peter Eisner, The Memoirs of Manuel Noriega, America’s Prisoner (New York: Random House, 1997), p 211.

      13. Manuel Noriega with Peter Eisner, The Memoirs of Manuel Noriega, America’s Prisoner (New York: Random House, 1997), p xxi.

      Chapter 31. An EHM Failure in Iraq

      1. Morris Barrett, “The Web’s Wild World,” TIME, April 26, 1999, p 62.

      Chapter 32. September 11 and its Aftermath for Me, Personally

      1. For more about the Huaoranis, see Joe Kane, Savages (New York: Alfred A. Knopf, 1995).

      Chapter 33. Venezuela: Saved by Saddam

      1. “Venezuela on the Brink,” editorial, New York Times, December 18, 2002.

      2. The Revolution Will Not Be Televised, directed by Kim Bartley and Donnacha O’Briain (in association with the Irish Film Board, 2003). See www.chavezthefilm.com.

      3. “Venezuelan President Forced to Resign,” Associated Press, April 12, 2002.

      4. Simon Romero, “Tenuous Truce in Venezuela for the State and its Oil Company,” New York Times, April 24, 2002.

      5. Bob Edwards, “What Went Wrong with the Oil Dream in Venezuela,” National Public Radio, Morning Edition, July 8, 2003.

      6. Ginger Thompson, “Venezuela Strikers Keep Pressure on Chávez and Oil Exports,” New York Times, December 30, 2002.

      7. For more on the jackals and other types of hit men, see: P. W. Singer, Corporate Warriors: The Rise of the Privatized Military Industry (Ithaca NY and London: Cornell University Press, 2003); James R. Davis, Fortune’s Warriors: Private Armies and the New World Order (Vancouver and Toronto: Douglas & McIntyre, 2000); Felix I. Rodriguez and John Weisman, Shadow Warrior: The CIA Hero of 100 Unknown Battles (New York: Simon and Schuster, 1989).

      8. Tim Weiner, “A Coup by Any Other Name,” New York Times, April 14, 2002.

      9. “Venezuela Leader Urges 20 Years for Strike Chiefs,” Associated Press, February 22, 2003.

      10. Paul Richter, “U.S. Had Talks on Chávez Ouster,” Los Angeles Times, April 17, 2002.

      Chapter 34. Ecuador Revisited

      1. Chris Jochnick, “Perilous Prosperity,” New Internationalist, June 2001, http://www.newint.org/issue335/perilous.htm.

      2. United Nations. Human Development Report (New York: United Nations, 1999).

      3. For additional information on the hostage situation, see Alan Zibel, “Natives Seek Redress for Pollution,” Oakland Tribune, December 10, 2002; Hoy (Quito, Ecuador daily newspaper) articles of December 10–28, 2003; “Achuar Free Eight Oil Hostages,” El Commercio (Quito daily newspaper), December 16, 2002 (also carried by Reuters); “Ecuador: Oil Firm Stops Work because Staff Seized, Demands Government Action,” and “Sarayacu—Indigenous Groups to Discuss Release of Kidnapped Oil Men,” El Universo (Guayaquil, Ecuador, daily newspaper), http://www.eluniverso.com, December 24, 2002; and Juan Forero, “Seeking Balance: Growth vs. Culture in the Amazon,” New York Times, December 10, 2003. Current, updated information about Ecuador’s Amazonian people is available at the Pachamama Alliance Web site: http://www.pachamama.org.

      Chapter 35. Piercing the Veneer

      1. National debt statistics from the Bureau of the Public Debt, reported at www.publicdebt.treas.gov/opd/opdpenny.htm; national income statistics from the World Bank at www.worldbank.org/data/databytopic/GNIPC.pdf.

      2. Elizabeth Becker and Richard A. Oppe
    l, “A Nation at War: Reconstruction. U.S. Gives Bechtel a Major Contract in Rebuilding Iraq,” New York Times, April 18, 2003, http://www.nytimes.com/2003/04/18/international/worldspecial/18REBU.html.

      3. Richard A. Oppel with Diana B. Henriques, “A Nation at War: The Contractor. Company Has Ties in Washington, and to Iraq,” New York Times, April 18, 2003, http://www.nytimes.com/2003/04/18/international/worldspecial/18CONT.html.

      4. http://money.cnn.com/2003/04/17/news/companies/war-bechtel/index.htm.

      Epilogue

      1. Energy Information Administration, reported in USA Today, March 1, 2004, p 1.

      INDEX

      A

      Afghanistan, 96–97, 211

      Agoyan hydroelectric plant, xix

      AIDS medicines, xii

      Allen, Ethan, 147

      Allende, Salvador, 78

      al-Qaeda, 206, 211

      Amazon, xvii–xx, 210

      Ameen, Michael, 166

      Amin, Idi, 96

      Amoco, 166

      antipollution laws, 164

      Arab-Israeli war, 82

      Arbenz, Jacob, 72–73

      Arbusto, 165–166

      Arias, Arnulfo, 59

      Arias family, 179

      Armas, Carlos Castillo, 73

      Ashland Oil Company, 185–186

      Asian Development Bank, 37

      assassinations

      Hugo Spadafora, 174

      Jaime Roldós, ix, 156

      Omar Torrijos, ix, 158–161

      B

      Baer, Robert, 94

      Bahasa Indonesia, 38

      Bahrain, 166

      Baker, James A., III, 98

      banking industry

      Asian Development Bank, 37

      Chase Bank, 194

      Inter-American Development Bank, 74

      Panama, 63

      Bechtel, Riley P., 214

      Bechtel Group, Inc., 73–74, 160, 164, 173, 213, 214–215

      bin Laden, Osama, 96–97, 183, 194

      bin Laden family, 97–98

      British Petroleum (later BP), 18

      British Virgin Islands, 147

      Bunau-Varilla, Philippe, 59

      Bush, George H. W., 59, 79, 168

      bin Laden family and, 98

      United Fruit Company, 72–73, 209

      “wimp factor,” 175, 184

      Bush, George W., 79, 166

      Arbusto, 165–166

      rallying of support for U.S. activities, 198

      Venezuelan activities, 199

      Bush administration (George H. W.), 173–174

      Bush administration (George W.), 201, 213–214

      Bush family, 209

      C

      Canal Treaty, 59, 102–103, 154–155, 158–161. See also Panama

      Canal Zone, 61, 64, 65. See also Panama

      Carlyle Group, 98

      Carter, Jimmy, 102, 118–119, 154, 159–160, 168

      Carvajal, José, 144–145

      Casey, William J., 174

      Chas. T. Main, Inc. (MAIN). See MAIN

      Chase Bank, 194

      Chávez, Hugo, xx, 195, 197–202, 204. See also Venezuela

      Cheney, Richard, 79, 177

      Chile, 78, 200

      Chuchu, Sergeant (José de Jesús Martínez), 159

      Chumpi, Shakaim, 189

      CIA, 73, 156, 161, 200

      Civilization on Trial (Toynbee), 45

      “Claudine,” xi, 14, 22, 53–54

      Colombia, 61

      economic/electric load forecasting, 122

      historical overview of, 120–122

      La Violencia, 121

      rule against sending U.S. citizens to, 124

      colonial Americans, 218

      colonialism, in Panama, 103

      commerce, imperial approach to, 218

      Common Sense (Paine), 49, 63

      communism, 61, 170

      conspiracies, xii–xiii, 156, 216, 217

      corporal punishment, 82

      corporatocracy, xii–xiii, 26

      actions to stop, 221–225

      basis of, 217

      growth of, 78

      media as part of, 221

      of modern empire, 216

      obstacles to, 212–213

      pillars of, 143

      strengthening of, 83

      corruption, 75, 179

      “Country with Five Frontiers, The” (Greene), 104–105

      coups, 73, 200, 201

      culture, Indonesian, 38–39

      D

      Dauber, Jake, 52

      debt

      creation of foreign, 15–16, 17

      Ecuador’s, 203

      Iran’s payment of, 114–116

      United States, 212

      world, xviii

      Department of State, rule against sending U.S. citizens to Colombia, 124

      Department of the Treasury, 84

      Depression, New Deal policies, 78

      deregulation, 164–165, 168

      desensitization, 180–181

      destabilization campaigns, U.S., 176

      developed countries (DCs), 47–48

      “Doc,” 113–116

      dollars versus euros, 213

      Dominican Republic, 61

      Dream Change Coalition, 186

      E

      econometric model, 101–102

      economic forecasting, 84–85, 122

      economic hit men (EHMs)

      description of, ix

      effects of work of, 198

      goals/objectives of the job, 15, 17

      identification of potential, 19

      rationalizations of deeds by, 169

      role of, 90

      standards for, 84

      training, 14–15

      economics, 26, 78, 83–84

      Ecuador, xvii–xx, 141–145, 189–190, 203–210. See also Roldós, Jaime

      Ecuadorian Congress, 156

      Huaorani tribe, 186

      Hydrocarbons Policy, 143–144

      national budget/debt, 203

      oil spill, xvii–xviii

      poverty levels, 203

      Shell, xvi, 207

      tribal wars against oil companies, xvi–xvii

      Eisner, Peter, 178

      electric load forecasting, 31, 54, 109, 122

      embassies, 16, 118–119

      empire building, xx–xxi, 176, 216

      energy industry, 164–165, 168–169

      England, 18

      Enron, 165

      euros versus dollars, 213

      F

      Faisal, King, 82

      “Farhad,” 5–6, 117–119

      “Fidel,” 63

      financing of terrorism, 96–97

      fixed exchange rates, 77

      Flowering Desert project, 110–111

      forecasting

      economic/electric load (Colombia), 122

      electric load, 31, 54, 109, 122

      Saudi Arabian economic, 84–85

      foreign aid, 47–48, 75

      foreign policy, U.S., 21, 47

      free market system, 170

      free trade agreements, 221–222

      Fujimori, Alberto K., 200

      future actions, 221–225

      G

      Gadhafi, Muammar, 60

      Garrison, Jim, 170

      General Agreement on Tariffs and Trade (GATT), 78

      Getting to Know the General (Greene), 159

      global empire, 170

      globalization, 185

      global management of petroleum, 214

      Grant, Winifred, 162

      Greene, Graham, 104–107, 159

      Greve, Einar, 9, 13, 134

      gross national product (GNP), deceptive nature of, 16

      Ground Zero, 190–195. See also September 11, 2001 attacks

      Guatemala, 72–73, 200

      H

      Hall, Mac, 52, 145, 165

      Harken Energy, 98, 165–166

      Harris, David, 177

      Hayes, Martha, 134

      Helms, Richard, 79

      holy wars, 49

      hostages, U.S. Embassy (Iran), 118–119

      Host
    ler, Charles, 166

      House of Saud. See Saudi Arabia

      Huaorani tribe (Ecuador), 142–143, 190

      hunger, x, xii, 192

      Hurtado, Osvaldo, 157

      Hussein, Saddam, 182, 200

      hydrocarbons law, 156, 196

      Hydrocarbons Policy, 143–144

      hydroelectric plants, Agoyan, xix

      I

      ideals, 75

      Illingworth, Charlie, 24–25, 28–29, 104

      imperialism, 48, 139, 218

      importation of labor forces, 86

      income, world population, 65, 206

      Independent Power Systems, Inc.

      (IPS), 163–164, 168, 185–186

      Indonesia, 16

      creation of language for, 38

      culture, 38–39

      Japanese invasion of, 20

      oil industry, 25

      views of Americans, 42–46

      Instituto de Recursos Hidraulicos y Electrificación, 71

      integrity, 138–139

      intelligence community, U.S., 104–105

      Inter-American Development Bank, 74

      international financial system trends, 169–170

      international law, U.S. breach of, 177–178

      International Monetary Fund (IMF), 19, 78, 169–170

      international monetary system, 77

      Interoceanic Canal Commission, 103–104

      invasions, 20, 176–177, 184, 200

      Iran

      Islamic uprising, 117–119

      OPEC oil embargo, 76–77

      payment of debts by, 114–116

      rebellion against British Petroleum, 18

      Shah of Shahs, 108

      Torrijos’s opinions of, 72

      Iraq, 182, 183–184, 199, 200

      Islam, 45–46, 117–119

      J

      Jakarta, 24

      Japanese invasion of Indonesia, 20

      jihads, 49

      Johnson administration, 78–79

      Joint Economic Commission (JECOR), 83–84

      K

      Kellogg Brown & Root, 214–21215

      Kennedy administration, 78–79, 121

      Khadafi (or Gadhafi), Muammar, 60

      Khomeini, Ruhollah, Ayatollah, 118–119

      Kissinger, Henry, 91

      Kuwait, 184

      L

      labor forces, importation to Saudi Arabia of, 86

     
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