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papananookfollowshare
5-14-2008 10:05 AM201 views
papananook says:

Yesterday's video "Economic Hitman"
showed how the banking system is
designed to bankrupt borrower nations.

The long term goal is to extract
resources as super low prices and
to limit progressive poltical
ideas.

The method is simple:

1. make an impossible-to-pay-back loan;
2. negotiate collateral far in excess of
the loan's value;
and
3. collect

The system works that much better
when it's backed up with the
capacity for overwhelming
violence.

Michael Parenti talks about the
history and reality of so-called
Third World "underdevelopment"
and points out that Americans are
next on the agenda:

http://www.brasschecktv.com/page/318.html

- Brasscheck


- Brasscheck

P.S. Please share Brasscheck TV e-mails and
videos with friends and colleagues.

That's how we grow. Thanks
4 Comments   | Add a Comment
5-14-2008 3:08 PM
masbury
Good clip - so few understand this.
5-14-2008 4:24 PM
Yassin_M
Tis is the real cause and this is the truth; wake up Americans. Thanks to papananook and to Michael Parenti
5-14-2008 5:17 PM
ratilfar
The real money is in the debt. By keeping third world nations in the red, they can never repay beyond the interest and therefore always obligated to the lender, who happily shoves more money to the local proxies in exchange for obedience and cheap labor/raw materials.

Welcome to the world of Empire by Proxy.
5-15-2008 9:54 AM
papananook
See "Economic Hitman" by...I forget...google it
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