"For more than half a century, Panama was ruled by an oligarchy of wealthy families with strong connections to Washington. They were right-wing dictators who took whatever measures they deemed necessary to ensure that their country promoted U.S. interests. In the manner of most of the Latin American dictators who allied themselves with Washington, Panama's rulers interpreted U.S. interests to mean putting down any populist movement that smacked of socialism. They also supported the CIA and NSA in anti-Communist activities throughout the hemisphere, and they helped big American businesses like Rockefeller's Standard Oil and United Fruit Company (which was purchased by George H. W. Bush). These governments apparently did not feel that U.S. interests were promoted by improving the lives of people who lived in dire poverty or served as virtual slaves to the big plantations and corporations. Panama's ruling families were well rewarded for their support; U.S. military forces intervened on their behalf a dozen times between the declaration of Panamanian independence and 1968."
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Original Language: English
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Sources
John Perkins, Confessions of an Economic Hit Man (2004), ch. 10
https://en.wikiquote.org/wiki/Panama
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Panama
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