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