Mufeed Usman (mufeed) wrote,
Mufeed Usman
mufeed

Economic Hit Man ...

… the former president’s reported $5.7 million in 2008 honoraria came from foreign sources, including Kuwait’s national bank, other firms and groups in Canada, Germany, India, …

He came. He spoke and walked away a happy and, needless to emphasize, a richer man. I don’t know about the ones who attended his talk and the extent of seeds of economic deception sown in to the audience.

It is very difficult to understand the mentality of people world over – they’ve people from their own countries making their mark in various fields, but they rather spent millions (like this) for those who’re working to undermine the stability of the world, especially the Developing Countries (DCs); with their policies, so called aids (IMF, USAID, ADB) etc.

… $350,000 from the state-owned National Bank of Kuwait. The Kuwaiti government donated between $1 million and $5 million to the Clinton Foundation, according to the foundation’s disclosure, …

The news in detail here: Clinton @ NBK & Clinton @ NBK (Print Version)

A fact comes to mind, brought to my attention by some friend, as I write this.

Baby elephants, as they begin to develop their strength, are shackled by ropes or iron chains. At the time, they do not have the strength to break-free. As they become fully grown adults capable of uprooting huge trees and dragging lumbers – why do they not then have the strength to break these small shackles?

A very interesting observation indeed.

It’s simply because it has been ingrained into the mind of the animal, over years, that what has been put around its feet is unbreakable. Such is the approach of the developed countries towards the developing and less developed countries.

These nations are shrewd in their observations and pretty good with their timing. As they begin to sense the economy gathering impetus, they quickly come with their money baskets under the pretext of aiding and developing us. These never ending debts are what actually weaken the economy. And it is made possible by the collusion of the 3 institutions – major corporations, international banks, respective governments with their manipulative and corrupt politicians and officials.

The grand scheme is enforced by employing consultancy firms engaged in so0called “Economic & Research” planning, their Chief Economists throwing out GNP & GDP figures that cannot be ignored, analysts predicting how the economy will boom over the next 25 years with these projects – it could be roadways, railways, airports, etc. But if you were to do a background check you’d be surprised (should you?) to see that most of these work go to their own firms and consultancies, there by funneling the money back and burdening the country with the debt arising out of the astronomical interest rates imposed.

Confessions of an Economic Hit Man by John Perkins (himself an ex-Economic Hit Man (EHM))is a good book to read on this; for both fiction & non-fiction lovers.


Confessions of an Economic Hit Man

A thing to note about GDP before one goes all gaga over it – even if a single person or institution gets rich, the GDP will show growth, but that’s not the actual growth of the country per se. So when Ambanis and Mittals get richer with the poor getting poorer, the nation is still growing according to GDP figures.

And simple statistics is enough for fooling the lay man!!

Tags: clinton in kuwait, economic hit man, national bank of kuwait
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