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THE TRUTH ABOUT THE WORLD BANK, 
ENRON, AND THE GLOBAL TAKEOVER 
---------------------------------

http://WWW.INFOWARS.COM

Transcript of Interview of Greg Palast, Journalist for BBC and Observer, 
London, by Alex Jones

Alex Jones Radio Show, Monday (PM), March 4, 2002 

---------------------------------

Alex Jones: This is earth shattering. Can you break it down for us and tell us 
what the economists have done? 

Greg Palast:: Well, 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 inside documents but other people handed me 
a giant stash of secret documents from the World Bank and the International 
Monetary Fund. 

Alex Jones: So to insulate himself, somebody else did it. 

Greg Palast:: No, I'm telling you. He wouldn't touch it but I really did get 
from completely independent sources a big stack of documents. 

Alex Jones: Just like you got W199I, from the same folks we got it from. 

Greg Palast:: And 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 did the 
craziest thing and pulled me off. 

Alex Jones: So now they are threatening total boycott. 

Greg Palast:: Yea 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 nations involved and if they 
didn't agree to these steps, there was an average for each nation that signed 
one-hundred and eleven items that they are required to sign on to. If they 
didn't follow those steps they would be cut-off from all international 
borrowing. You can't borrow any money in the international marketplace. No one 
can survive without borrowing, whether you are people or corporations or 
countries - without borrowing some money and having some credit and ... 

Alex Jones: Because of the debt inflation pit they've created. 

Greg Palast:: Yea, 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 with me that 
I've got the documents, but they have not challenged the authenticity of the 
documents. First, they did. First they said those documents don't exist. I 
actually showed them on television. And cite some on the web, I actually have 
copies of some... 

Alex Jones: Greg Palast dot com? 

Greg Palast:: Yea, http://www.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. 

Alex Jones: Isn't it six now? 

Greg Palast:: Yea, 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 US, like 
selling off their water system. 

Alex Jones: So 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 where they 
actually pay off the politicians billions to their Swiss bank accounts to do 
this transfer. 

Greg Palast:: That's right. 

Alex Jones: This is like one of the biggest stories ever, Sir. I'm sorry, 
please continue. 

Greg Palast:: So 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 off to a company 
called Enron. 

Alex Jones: 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. 

Greg Palast:: 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. 

Alex Jones: Unbelievable, Sir. Stay right there. We are talking to Greg Palast. 
BREAK 

Alex Jones: We 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 criminal 
activity. There is no other word for it. You link through at 
http://www.inforwars.com, you can link to his web site - 
httP;//www.gregpalast.com, or any of the other great reports he has been 
putting out. He now has the secret documents. We have seen the activity of the 
IMF/World Bank for years. They come in, pay off politicians to transfer the 
water systems, the railways, the telephone companies, the nationalized oil 
companies, gas stations - they then hand it over to them for nothing. The 
Globalists pay them off individually, billions a piece in Swiss bank accounts. 
And the plan is total slavery for the entire population. Of course, Enron, as 
we told you was a dummy corporation for money laundering, drug money, you name 
it, from the other reporters we have had
 on. It's just incredibly massive and hard to believe. But it is actually 
happening. Greg Palast has now broken the story world-wide. He has actually 
interviewed the former top World Bank economist. Continuing Sir with all these 
points. I mean for the average person out there, in a nutshell, what is the 
system you are exposing? 

Greg Palast:: We 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, this is not 
some minor guy. By the way, a couple of months ago, after he was fired, he was 
given the Nobel Prize in Economics. So he is no fool. He told me, he went into 
countries where they were talking about privatizing and selling off these 
assets. And basically, they knew, they literally knew and turned the other way 
when it was understood that leaders of these countries and the chief ministers 
would salt away hundreds of millions of dollars. 

Alex Jones: But it's not even privatization. They just steal it from the people 
and hand it over to the IMF/World Bank. 

Greg Palast:: They 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 all 
over the place. And the problem is that they are destroying these systems as 
well. You can't even get drinking water in Buenos Aires. I mean it is not just 
a question of the theft. You can't turn on the tap. It is more than someone 
getting rich at the public expense. 

Alex Jones: 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. 

Greg Palast:: Well 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 like we are 
getting mayhem in several nations. Indonesia is in flames. He was telling me, 
the Chief Economist, Stiglitz, was telling me that he started questioning what 
was happening. You know, everywhere we go, every country we end up meddling in, 
we destroy their economy and they end up in flames. And he was saying that he 
questioned this and he got fired for it. But he was saying that they even kind 
of plan in the riots. They know that when they squeeze a country and destroy 
its economy, you are going to get riots in the streets. And they say, well 
that's the IMF riot. In other words, because you have riot, you lose. All the 
capital runs away from your country and that gives the opportunity for the IMF 
to then add more conditions. 

Alex Jones: 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. 

Greg Palast:: I've 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 got ripped off. They sucked 
millions, billions of dollars out of the public pocket in Texas and California 
in particular. 

Alex Jones: 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. 

Greg Palast:: Well 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 dollars. And I 
don't know who they are going to get it back from now. 

Alex Jones: 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. 

Greg Palast:: Yea, 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 went to 
work for Enron right after. In fact, here I'm in London right now and we have, 
the British has some responsibility here. The guy who was on the audit 
committee of Enron, Lord Wakeham. And this guy is a real piece of work, there 
isn't a conflict of interest that he hasn't been involved in. 

Alex Jones: And he is the head of NM Rothschild. 

Greg Palast:: There 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. And in fact, 
they were paying him consulting fees on the side. He was in Margaret Thatcher's 
government and he's the one who authorized Enron to come into Britain and take 
over power plants here in Britain. And they owned a water system in the middle 
of England. This is what this guy approved and then they gave him a job on the 
board. And on top of being on the board, they gave him a huge consulting 
contract. So you know, this guy was supposed to be in charge of the audit 
committee to see how they were handling their accounts. 

Alex Jones: Well, he is also the head of the board to regulate the media. 

Greg Palast:: Yes, he is, because I have run into real problems, because he 
regulates me. 

Alex Jones: They 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 it. You can't 
have your own water. 

Greg Palast:: 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. 

Alex Jones: Burrow 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 resources 
of the people. 

Greg Palast:: 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. 

Alex Jones: 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. 

Greg Palast:: 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. 

Alex Jones: Exactly, like 1984, then they have big flags saying "Buy American" 
and there's hardly anything --- it's Orwellian double-think. 

Greg Palast:: 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.... 

Alex Jones: And if an elitist needs a liver, they just call. 

Greg Palast:: (Laughs) 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 and said 
this is the conditions of factories where Walmart is getting its stuff made at, 
it's all.... 

Alex Jones: 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. 

Greg Palast:: Well 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 documents. The 
documents really sealed it because it said this is what really happened. They 
really do say sign on the dotted line agreeing to 111 conditions for each 
nation. And the public has no say; they don't know what the hell is happening 
to them. All they know.... 

Alex Jones: Go back into privatization. Go through these four points. That's 
the key. It sends billions to politicians to hand everything over. 

Greg Palast:: Yea, 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 from George W. Bush in 1988 saying 
give the gas pipeline in Argentina to Enron, that's our current president. He 
said that what he found was really creepy was that Enron was going to pay 
one-fifth of the world's price for their gas and he said how can you make such 
an offer? And he was told, not by George W. but by a partner in the deal, well 
if we only pay one-fifth that leaves quit a little bit for you to go in your 
Swiss bank account. And that's how it's done. 

Alex Jones: This is the .... 

Greg Palast:: I've 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 said give a pipeline to 
Enron. Now this is the same George W. Bush who said he didn't get to know Ken 
Lay until 1994. So, you know..... 

Alex Jones: So 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 - goons came up and 
said you can't videotape. I said go ahead and have me arrested. I mean I'm 
talking on the sidewalk, Greg. 

Greg Palast:: Well, 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 electricity. That upset Enron. So Ken Lay personally 
wrote a note to Dick Cheney saying get rid of Clinton's cap on prices. Within 
48 hours of George W. Bush taking office, his energy department reversed the 
clamps on Enron. OK, how much is that worth for those guys. You know that has 
got to be worth, that paid off in a week all the donations. 

Alex Jones: Listen 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 imploding? 

Greg Palast:: Well, 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 really going to absolutely 
demolish this nation. After we were attacked on September 11, Bush ran out and 
said we got to spend $50 to $100 billion dollars to save our economy. We don't 
start cutting the budget, you start trying to save this economy. But they tell 
these countries you've got to cut, and cut, and cut. And why, according to the 
inside documents, it's so you can make payments to foreign banks - the foreign 
banks are collecting 21% to 70% interest. This is loan-sharking. If fact, it 
was so bad that they required Argentina to get rid of the laws against 
loan-sharking. because any bank would be a loan-shark under Argentine law. 

Alex Jones: 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. 

Greg Palast:: 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. 

Alex Jones: Part 3 and Part 4. What do they do after they do that? 

Greg Palast:: Like 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 way, that's how you end 
up with an illegal drug trade, what's there left to survive on except sell us 
smack and crack and that's how... 

Alex Jones: And the same CIA national security dictatorship has been caught 
shipping that in. 

Greg Palast:: You know, we are just helping our allies. 

Alex Jones: 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? 

Greg Palast:: 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. 

Alex Jones: And they install their own corporate government. 

Greg Palast:: What they said was here you've got an elected president of the 
government and the IMF has announced, listen to this, that they would support a 
transition government if the president were removed. They are not saying that 
they are going to get involved in politics - they would just support a 
transition government. What that effectively is is saying we will pay for the 
coup d'etat, if the military overthrows the current president, because the 
current president of Venezuela has said no to the IMF. He told those guys to go 
packing. They brought their teams in and said you have to do this and that. And 
he said, I don't have to do nothing. He said what I'm going to do is, I'm going 
to double the taxes on oil corporations because we have a whole lot of oil in 
Venezuela. And I'm going to double the taxes on oil corporations and then I 
will have all the money I need for social programs and the government - and we 
will be a very rich nation. Well, as soon as they did that, they
 started fomenting trouble with the military and I'm telling you watch this 
space: the President of Venezuela will be out of office in three months or shot 
dead. They are not going to allow him to raise taxes on the oil companies. 

Alex Jones: 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. 

Greg Palast:: 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. 

---------------------------------

... And who was CLINTON'S biggest campaign contributor? ... RIGHT! 

... WALLMART, headquarted in ARKANSAS. ...

... So, we got a bunch of bad actors playing "Good Cop. Bad Cop" squeezing the 
life out of all of us in the "middle." ... 

As Robert Pelletier used to say: "There is MORE reason for a Revolution NOW 
than there was in 1776!" 




        
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CTRL is a discussion & informational exchange list. Proselytizing propagandic
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sordid matters and 'conspiracy theory'—with its many half-truths, mis-
directions and outright frauds—is used politically by different groups with
major and minor effects spread throughout the spectrum of time and thought.
That being said, CTRLgives no endorsement to the validity of posts, and
always suggests to readers; be wary of what you read. CTRL gives no
credence to Holocaust denial and nazi's need not apply.

Let us please be civil and as always, Caveat Lector.
========================================================================
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