Foreign Aid Is a Tool of US Imperialism
William Norman Grigg
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Ron Paul likes to point out, consists of stealing money from poor
people in the United States and lavishing it on politically-connected
wealthy elites abroad. It is one of the Empire’s most important
instruments of international social engineering. This was explained
to me by former World Bank chief Barber Conable during the 1995
International Development Conference in Washington, D.C. – an event
that gathered thousands of lobbyists on behalf of the parasitic
interests that benefit from foreign aid.
proved to be entirely unwarranted alarm over the "Contract With
America" -era Republican takeover of Congress, the foreign aid lobby
was concerned that the subsidies would dry up. In one of the event’s
most important speeches, Conable assured them that the GOP would
abide by the "bipartisan foreign policy consensus" and
preserve foreign aid.
speech, I handed him my business card and asked him a question:
Since the Constitution doesn’t authorize the federal government
to take tax dollars from American citizens and disburse them as
foreign aid, how can the practice be justified?
the constitutional argument as "specious." Foreign aid
is justified, he explained, because it "has to do with our
position in the world. There are all kinds of ways of dealing with
the problems of our relationships with the rest of the world. One
is to do it the most extreme way, using national defense as your
ultimate weapon. Of course, the other way is to find ways of anticipating
that, and avoiding the necessity of it" through the use of foreign
you’re telling me is that we have the choice of either bribing them,
or bombing them," I said in search of clarification. Conable
treated me to a disdainful smirk and directed his attention elsewhere.
‘em or bomb ‘em" formula is set out with more detail in John
Perkins’s controversial book Confessions
of an Economic Hit Man, in which the author recounted the
role played by the World Bank in what he described as a global loan-sharking
recruited as an intelligence asset in the late 1960s, Perkins
was dispatched to various countries, including Indonesia and
Panama, to help induce their ruling elites to take out huge World
Bank loans to fund mammoth infrastructure programs. In essence,
he working the same scam – on a global scale – that was used by
debt-peddlers during the real estate bubble: Offering extravagant
loans, on what appeared to be concessionary terms, to people with
a very high time preference and little interest in reading the fine
to Perkins, he was just one Economic Hit Man (EHM) among thousands
plying the same trade worldwide.
If an EHM is
successful, writes Perkins, "the [World Bank] loans are so large
that the debtor is forced to default on its payments after a few
years. When this happens, then like the Mafia we demand our pound
of flesh. This often includes one or more of the following: control
over United Nations votes, the installation of military bases, or
access to precious resources. Of course, the debtor still owes us
money – and another country is added to our global empire."
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Norman Grigg [send him mail]
publishes the Pro
Libertate blog and hosts the Pro
Libertate radio program.
© 2012 William Norman Grigg
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