"There was a president elected, the President of Ecuador, Gutierrez, a few years ago and he ran on a very, very strong anti-U.S. ticket. And he said that if he was elected, he would make sure that the people of Ecuador get the fair proceeds from Ecuadorian oil. As soon as he was elected, he was visited by an economic hit man, whom I know personally, and read the Riot Act, told the things we mentioned earlier, you know, “I’ve got money for you or a bullet.” Within a month, he came to Washington. There was a famous picture shown all over Ecuador of him sitting, holding hands with George Bush. And very soon after that, he went against everything in his campaign promises. He cut sweet deals with the oil companies. He went back on the indigenous peoples, whose lands in the Amazon area he had promised to protect. And the Ecuadorian people went wild. They took to the streets. They protested and demonstrated and eventually threw him out of power. So this particular one backfired... the economic hit man did his job right. Gutierrez came around, and then the Ecuadorian people understood what was going on."
Ecuador

January 1, 1970