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

(Courtesy of A Great Listener)

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

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

GP: 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.

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.

GP: 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.

AJ: So now they are threatening total boycott.

GP: 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 ...

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

GP: 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...

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?

GP: 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.

AJ: 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.

GP: That's right.

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

GP: 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.

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.

BREAK

AJ: 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
inforwars.com, you can link to his web site - 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?

GP: 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.

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

GP: 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.

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.

GP: 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.

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.

GP: 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.

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.

GP: 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.

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.

GP: 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.

AJ: And he is the head of NM Rothschild.

GP: 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.

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.

AJ: 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.

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.

AJ: 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.

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.

GP: (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....

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.

GP: 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....

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

GP: 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.

AJ: This is the ....

GP: 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.....

AJ: 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.

GP: 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.

AJ: 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?

GP: 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.

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?

GP: 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...

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.

GP: 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.

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.

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