Conspiracy Reality TV – Documentaries and Videos

In 2007, Iceland was ranked by the World Bank as the world’s third wealthiest country per capita. And I was interviewed for a documentary on Iceland, made by Icelandic television about that time. I was told about what Alcoa’s hitmen were doing. Alcoa aluminum sent these people to Iceland to convince them to take out a huge loan, build a gigantic hydroelectric plant just for Alcoa, 600 megawatts. The whole country prior to that was only using 300 megawatts. And it would destroy a huge fragile environment and all the environmental laws were waved. And when I heard this I said well Iceland will probably be the first developed country to go bankrupt. I said this on this documentary and it happened a couple years later.

So when the movie premiered in Iceland and they invited me to come and go around the country talking and it really struck me as you know. Here Iceland had been hit in exactly the same way I used to hit countries in the third world. You have a resource that corporations covet. In the case of Iceland it was electricity, cheap electricity. In the case of many countries it was oil. You arrange a huge loan to that country, and you strike a really good deal for multinational corporations. And then in the end a country can’t pay off its loans, like Iceland can’t now, so you’ve got them you know, their part of the empire. You can ask favors, you can ask vote with you on the next UN vote, whatever. And so I watched this happen all over the third world or in my time as an economic hitman and here it was happening in Iceland, and now it’s happening in the United States. It’s very similar to what we’ve done with our housing loans. You know we’ve convinced people to take out loans that they can’t pay.