Transcript of Interview of Greg Palast, Journalist for BBC and Observer, London, by Alex Jones
(Courtesy of A Great Listener)
Radio Show, Monday (PM), March 4, 2002
is earth shattering. Can you break it down for us and tell us
I'll tell you two things. One, I spoke to the former chief economist,
Joe Stiglitz who was fired by the (World) Bank. So I, on BBC and with
Guardian, basically spent some time debriefing him. It was like one of
the scenes out of Mission Impossible, you know where the guy comes over
from the other side and you spend hours debriefing him. So I got the insight
of what was happening at the World Bank. In addition, he did not brief
me but I got some other sources. He would not give me
AJ: So to insulate himself, somebody else did it.
GP: No, I'm telling you. He wouldn't touch it but I really did get from completely independent sources a big stack of documents.
AJ: Just like you got W199I, from the same folks we got it from.
so one of the things that is happening is that, in fact, I was supposed
to be on CNN with the head of the World Bank Jim Wolfensen and he said
he would not appear on CNN ever if they put me on. And so CNN
AJ: So now they are threatening total boycott.
right. So what we found was this. We found inside these documents that
basically they required nations to sign secret agreements, in which they
agreed to sell off their key assets, in which they agreed to take economic
steps which are really devastating to the
AJ: Because of the debt inflation pit they've created.
well, see one of the things that happened is that - we've got examples
from, I've got inside documents recently from Argentina, the secret Argentine
plan. This is signed by Jim Wolfensen, the president of the World Bank.
By the way, just so you know, they are really upset
AJ: Greg Palast dot com?
GP: Yea, gregpalast.com. So then they backed off and said yea those documents are authentic but we are not going to discuss them with you and we are going to keep you off the air anyway. So, that's that. But what they were saying is look, you take a country like Argentina, which is, you know, in flames now. And it has had five presidents in five weeks because their economy is completely destroyed.
AJ: Isn't it six now?
it's like the weekly president because they can't hold the nation together.
And this happened because they started out in the end of the 80s with
orders from the IMF and World Bank to sell-off all their assets, public
assets. I mean, things we wouldn't think of doing in the
they tax the people. They create big government and big government hands
it off to the private IMF/World Bank. And when we get back, I want to
get to the four-parts that you elegantly lay out here
GP: That's right.
AJ: This is like one of the biggest stories ever, Sir. I'm sorry, please continue.
what's happening is - this is just one of them. And by the way, it's not
just anyone who gets a piece of the action. The water system of Buenos
Aires was sold off for a song to a company called Enron. A pipeline was
sold off, that runs between Argentina and Chile, was sold
AJ: And then the globalists blow out the Enron after transferring the assets to another dummy corporation and then they just roll the theft items off.
GP: You've got it. And by the way, you know why they moved the pipeline to Enron is that they got a call from somebody named George W. Bush in 1988.
AJ: Unbelievable, Sir. Stay right there. We are talking to Greg Palast.
are talking to Greg Palast. He is an award-winning journalist, an American
who has worked for the BBC, London Guardian, you name it, who has dropped
just a massive bomb-shell on the Globalists and their
are exposing that they are systematically tearing nations apart, whether
it's Ecuador or Argentina. The problem is some of these bad ideas are
drifting back into the U.S. In other words, they have run out of places
to bleed. And the problem is, this is the chief economist,
AJ: But it's not even privatization. They just steal it from the people and hand it over to the IMF/World Bank.
hand it over, generally to the cronies, like Citibank was very big and
grabbed half the Argentine banks. You've got British Petroleum grabbing
pipelines in Ecuador. I mentioned Enron grabbing water systems
AJ: And the IMF just got handed the Great Lakes. They have the sole control over the water supply now. That's been in the Chicago Tribune.
the problem that we have is - look, the IMF and the World Bank is 51%
owned by the United States Treasury. So the question becomes, what are
we getting for the money that we put into there? And it looks
AJ: And that makes them even more desperate. So it is really an imperial economy war to implode countries and now they are doing it here with Enron. They are getting so greedy - they are preparing it for this country.
just been talking to, out in California just yesterday, from here in Paris,
the chief investigators of Enron for the State of California. They are
telling me some of the games these guys are playing. No one is watching
that. It's not just the stockholders that
AJ: Where are the assets? See, everybody says there are no assets left since Enron was a dummy corporation - from the experts I've had on and they transferred all those assets to other corporations and banks.
yea, this stuff has really gone just like a three-card Monty game. I mean
remember that there is money at the bottom. You did pay California's electric
bills according to the investigations, they are telling me that they were
pumped up unnecessarily by 9 to 12-billion
AJ: Well they actually caught the Governor buying it for $137 per megawatt and selling it back to Enron for $1 per megawatt and doing it over and over and over again.
the system has gotten completely out of control and these guys knew exactly
what was happening. Well, you have to understand that some of the guys
who designed the system in California for deregulation then
AJ: And he is the head of NM Rothschild.
isn't anything that he doesn't have his fingers in. He's on something
like fifty Boards. And one of the problems, he was supposed to be head
of the audit committee watching how Enron kept the books.
AJ: Well, he is also the head of the board to regulate the media.
GP: Yes, he is, because I have run into real problems, because he regulates me.
are also trying to pass laws in England where you've got an 800-year old
well, or in some cases a 2000-year old well that the Romans built that's
on your property and they say we are putting a meter on
GP: Yea, and that's Lord Wakeham. I mean this is the guy from Enron. He is a real piece of work. He can't be touched here because like I say he actually regulates the media. So if you complain, he's got his hand on your pen.
into NM Rothschild, you'll find it all there. Go through these four points.
I mean you've got the documents. The IMF/World Bank implosion, four points,
how they bring down a country and destroy the
GP: Right. First you open up the capital markets. That is, you sell off your local banks to foreign banks. Then you go to what's called market-based pricing. That's the stuff like in California where everything is free market and you end up with water bills - we can't even imagine selling off water companies in the United States of America. But imagine if a private company like Enron owned your water. So then the prices go through the roof. Then open up your borders to trade - complete free marketeering. And Stiglitz who was the chief economist, remember he was running this system, he was their numbers man and he was saying it was like the opium wars. He said this isn't free trade; this is coercion trade. This is war. They are taking apart economies through this.
AJ: Well look, China has a 40% tariff on us, we have a 2% on them. That's not free and fair trade. It's to force all industry to a country that the globalists fully control.
GP: Well, you know Walmart - I did a story, in fact, if you read my book. Let me just mention that I've got a book out, "The Best Democracy Money Can Buy" about how, unfortunately, America has been put up for sale. "The Best Democracy Money Can Buy" is coming out this week. But I have a story in there about how Walmart has 700 plants in China. There is almost nothing in a Walmart store that comes from the United States of America, despite all the eagles on the wall.
AJ: Exactly, like 1984, then they have big flags saying "Buy American" and there's hardly anything --- it's Orwellian double-think.
GP: What's even worst is they will hire a factory and right next to it will be the sister factory which is inside a prison. You can imagine the conditions of these workers producing this lovely stuff for Walmart. It's really....
AJ: And if an elitist needs a liver, they just call.
I know, it's grim. In fact, I talked to a guy, Harry Wu, is his name and,
in fact, he broke into, he's been in Chinese prison for 19 years. No one
believed his horrible stories. He actually broke back into prison, took
a camera with him and took pictures of the conditions
AJ: I was threatened to be thrown off TV here in Austin when I aired video of little girls 4-years old chained down, skinnier than Jews in concentration camps, to die. And I was threatened, if you ever air that again, you will be arrested.
you know, it is horrifying stuff that, unfortunately, I have been handed
and Stiglitz, was very courageous for him to come out and make these statements.
Like I said, he didn't provide me the
AJ: Go back into privatization. Go through these four points. That's the key. It sends billions to politicians to hand everything over.
he called it briberization, which is you sell off the water company and
that's worth, over ten years, let's say that that's worth about 5 billion
bucks, ten percent of that is 500 million, you can figure out how it works.
I actually spoke to a Senator from Argentina two weeks ago. I got him
on camera. He said that after he got a call
AJ: This is the ....
got the film. This guy is very conservative. He knows the Bush family
very well. And he was public works administrator in Argentina and he said,
yea, I got this call. I asked him, I said, from George W. Bush. He said,
yea, November 1988, the guy called him up and
now they are having these white-wash hearings. You know I was at Enron
yesterday in Houston because I'm now here in Austin. We were like 30-feet
from the door, right on the sidewalk and I have it on video
you know, I was there in May, telling people in Britain you've never heard
of Enron, but ... And these are the guys who have figured out how to (garbled)
this government. In fact, we saw some interesting documents, a month before
Bush took office, Bill Clinton, I think to get even with Bush's big donor,
cut Enron out of the California power market. He put a cap on the prices
they could charge. They couldn't charge more than one-hundred times the
normal price for
at the bombs you are dropping. You are interviewing these ministers, former
head of IMF/World Bank economist - all of this, you've got the documents,
paying people's Swiss Bank accounts, all this happening. Then you've got
Part 2, what do they do after they start
then they tell you to start cutting your budgets. A fifth of the population
of Argentina is unemployed, and they said cut the unemployment benefits
drastically, take away pension funds, cut the education budgets, I mean
horrible things. Now if you cut the economy in the middle of a recession
that was created by these guys, you are
AJ: But Greg, you said it yourself and the documents show it. They first implode the economy to create that atmosphere. They institute the entire climate that does this.
GP: Yea, and then they say, well gee, we can't lend you any money except at these loan-shark rates. We don't allow people to charge 75% interest in the United States. That's loan-sharking.
AJ: Part 3 and Part 4. What do they do after they do that?
I said, you open up the borders for trade, that's the new opium wars.
And once you have destroyed an economy that can't produce anything, one
of the terrible things is that they are forcing nations to pay horrendous
amounts for things like drugs - legal drugs. And by the
AJ: And the same CIA national security dictatorship has been caught shipping that in.
GP: You know, we are just helping our allies.
AJ: This is just amazing. And so, drive the whole world down, blow out their economies and then buy the rest of it up for pennies on the dollar. What's Part 4 of the IMF/World Bank Plan?
GP: Well, in Part 4, you end up again with the taking apart of the government. And by the way, the real Part 4 is the coup d'etat. That's what they are not telling you. And I'm just finding that out in Venezuela. I just got a call from the President of Venezuela.
AJ: And they install their own corporate government.
they said was here you've got an elected president of the government and
the IMF has announced, listen to this, that they would
AJ: Greg Palast, here is the problem. You said it when you first came out of the gates. They are getting hungry, they are doing it to the United States now. Enron, from all the evidence that I've seen was a front, another shill, they would steal assets and then transfer it to other older global companies, then they blew that out and stole the pension funds. Now they are telling us that terrorism is coming any day. It's going to happen if you don't give your rights up. Bush did not involve Congress and the others who are supposed to be in the accession if there is a nuclear attack in the secret government, Washington Post -"Congress Not Advised of Shadow Government." We have the Speaker of the House not being told. This looks like coup d'etat here. I'm going to come right out with it. We had better spread the word on this now or these greedy creatures are going to go all the way.
GP: I'm very sad about one thing. I report this story in the main stream press of Britian. I'm on the BBC despite Lord Wakeham. I know he doesn't like me there. I'm in the BBC, I'm in the main daily paper, which is the equivalent of the New York Times or whatever, and we do get the information out. And I'm just very sorry that we have to have an alternative press, an alternative radio network and everything else to get out the information that makes any sense. I mean this information should be available to every American. I mean, after all, it's our government