John Perkins Quote

EHMs provide favors. These take the form of loans to develop infrastructure—electric generating plants, highways, ports, airports, or industrial parks. A condition of such loans is that engineering and construction companies from our own country must build all these projects. In essence, most of the money never leaves the United States; it is simply transferred from banking offices in Washington to engineering offices in New York, Houston, or San Francisco. Despite the fact that the money is returned almost immediately to corporations that are members of the corporatocracy (the creditor), the recipient country is required to pay it all back, principal plus interest.

John Perkins

EHMs provide favors. These take the form of loans to develop infrastructure—electric generating plants, highways, ports, airports, or industrial parks. A condition of such loans is that engineering and construction companies from our own country must build all these projects. In essence, most of the money never leaves the United States; it is simply transferred from banking offices in Washington to engineering offices in New York, Houston, or San Francisco. Despite the fact that the money is returned almost immediately to corporations that are members of the corporatocracy (the creditor), the recipient country is required to pay it all back, principal plus interest.

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About John Perkins

John Perkins may refer to:

John Perkins (Australian politician) (1878–1954), Australian politician
John Perkins (author) (born 1945), American author of Confessions of an Economic Hit Man
John Perkins (rugby union) (born 1954), Wales international rugby union player
John Perkins Jr. (1819–1885), American politician, son of John Perkins Sr.
John Perkins Sr. (1781–1866), American judge and planter
John Perkins (physician) (1698–1781), American physician and essayist
John M. Perkins (born 1930), American civil rights activist, American Christian minister, author
Johnny Perkins (1953–2007), American football receiver with the New York Giants
John Perkins (Royal Navy officer) (fl. 1775–1812), Captain, Napoleonic War
John Alanson Perkins (1914–1982), American academic administrator and government official
John Frederick Perkins (1910–1983), English entomologist
John Perkins (academic) (born 1950), British academic, engineering scientist and government adviser
John Astin Perkins (1907–1999), interior designer and architect
John Perkins (cricketer) (1837–1901), English cricketer