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"I believe Tim Geithner only represents part of Wall Street - Goldman Sachs," he says, suggesting Goldman was the "primary beneficiary of the AIG bailout" and notes Goldman alum Stephen Friedman serves on the board of the NY Fed. (Hank Paulson and Robert Rubin, with whom Geithner had frequent meetings in the past year, are also Goldman alum.)
According to official Trilateral Commission membership lists, there are only eighty-seven members from the United States (the other 337 members are from other countries). Thus, within two weeks of his inauguration, Obama’s appointments encompassed more than 12 percent of Commission’s entire US membership.
Trilateral appointees include:
* Secretary of Treasury, Tim Geithner
* Ambassador to the United Nations, Susan Rice
* National Security Advisor, Gen. James L. Jones
* Deputy National Security Advisor, Thomas Donilon
* Chairman, Economic Recovery Committee, Paul Volker
* Director of National Intelligence, Admiral Dennis C. Blair
* Assistant Secretary of State, Asia & Pacific, Kurt M. Campbell
* Deputy Secretary of State, James Steinberg
* State Department, Special Envoy, Richard Haass
* State Department, Special Envoy, Dennis Ross
* State Department, Special Envoy, Richard Holbrooke
There are many other links in the Obama administration to the Trilateral Commission. For instance, Secretary of State Hillary Clinton is married to Commission member William Jefferson Clinton.
Secretary of Treasury Tim Geithner’s informal group of advisors include E. Gerald Corrigan, Paul Volker, Alan Greenspan, and Peter G. Peterson, all members. Geithner’s first job after college was with Trilateralist Henry Kissinger at Kissinger Associates.
The founding of the Federal Reserve system in the United States in 1913, which is often portrayed as a banker's conspiracy, can also be traced to members of the Pilgrims. The conspiracy centered on a meeting at Jekyll Island in November 1910 in which leading bankers worked out the details of setting up a privately-owned central bank in the United States. Those that attended were Senator Nelson Aldrich, whose daughter married John D. Rockefeller, Jr. in 1901 and who was the person to introduce the banker's plan to Congress; Frank Vanderlip, president of the Rockefellers' National City Bank; Henry Davison, a partner of J.P. Morgan & Co. and a representative of the Astor interests; Charles Norton, president of the Morgan-dominated First National Bank of New York; Benjamin Strong, Jr. vice president of the Banker's Trust of New York, also controlled by the Morgans; and Paul Warburg, a partner in Kuhn, Loeb & Co. Pilgrims researcher Charles Savoie has labeled virtually all of the Jekyll Island visitors as Pilgrims. This author has not seen the original sources in this case, but it is clear that many descendents, family members and business partners of the Jekyll Island conspirators have appeared in the Pilgrims. Among the descendants and families have been Benjamin Strong, Frank Vanderlip, Jr., the Warburg family and many Aldriches. The financial advisor to Senator Nelson Aldrich, Alfred L. Aiken, was a Pilgrim, and so was Aldrich's associate in Congress, Edward B. Vreeland. Paul Warburg's partners at Kuhn, Loeb, Jacob Schiff and Otto Kahn, were both Pilgrims, just as members of the Rockefeller, Morgan and Astor families. Since then Pilgrims have dominated the board of the Federal Reserve Bank of New York and also had considerable presence on the Federal Open Market Committee (FOMC), the main body of the Federal Reserve that decides on monetary policy. In other words, the Pilgrims are very relevant to the history of the Federal Reserve and the financial history of the United States.
How can anyone claim Obama is a Socialist/Communist in the face of such obvious evidence that he is merely the continuation of a long and interconnected lines of corporate fascism? I'll say this: the MSM and hard right ideologues have done a wonderful job in separating truth from reality.
Also, thank you for the information on the Pilgrim's League and Geithner's ties to the Trilateral Commission, as I was unaware of them previously.
For an American president FDR made a great member of the Kremlin.
December 11, 1916
My Dear Fred: Would it be possible for you to send me in strict confidence the figures obtained by the Comptroller as to holdings of foreign securities by national banks? I would be a good deal influenced in my opinion in regard the present situation if I could get hold of these figures, which would be treated with such confidence as you suggest.
If the time ever comes when you are able to slip away for a week or so for a bit of a change and rest, why not take a look at Denver and incidentally pay me a visit? There are a thousand things I would like to talk over with you.
Hon. F. A. Delano
Federal Reserve Board, Washington, D.C.
We should note in passing that, when FDR first went to Washington D.C. in 1916 to become Assistant Secretary of the Navy, it was Thomas W. Lamont—international banker and most influential of the Morgan partners—who leased the FDR home in New York
As part of the "First New Deal," the NRA was based on the premise that the Great Depression was caused by market instability and that government intervention was necessary to balance the interests of farmers, business and labor. The National Industrial Recovery Act (NIRA), which created the NRA, declared that codes of fair competition should be developed through public hearings, and gave the Administration the power to develop voluntary agreements with industries regarding work hours, pay rates, and price fixing.
Committees of industry, big business and small business, both represented in Washington, and both with Washington representation back home—this could be the backbone of the whole structure.
“This is the most extreme example that I can recall of socialism for the rich and free enterprise for the poor”.
Suppose you go to Washington and try to get at your government. You will always find that while you are politely listened to, the men really consulted are the men who have the big stake--the big bankers, the big manufacturers and the big masters of commerce…. The masters of the government of the United States are the combined capitalists and manufacturers of the United States.
The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson—and I am not wholly excepting the Administration of W.W.[Woodrow Wilson]. The country is going through a repetition of Jackson's fight with the Bank of the United States—only on a far bigger and broader basis.
What did MBNA get for all that money? While Mr. Biden's main work has been on the Foreign Relations Committee, he has been a consistent advocate for MBNA. He has actively supported the company's favorite federal legislation, the Bankruptcy Reform Act, which would make it more difficult for consumers to escape their credit card debt.
The company also has ties to Senator Biden's son, R. Hunter Biden, a lawyer in Washington. Hunter Biden joined MBNA as a management trainee after graduating from Yale Law School and rose to be an executive vice president. Now a partner in Oldaker, Biden & Belair, a lobbying and law firm, he receives a $100,000 annual retainer from MBNA to advise it on "the Internet and privacy law," Mr. Freeh said. He added that Hunter Biden was not a registered lobbyist and did not lobby on legislation for the company.
The company [MBNA] also hired an outside investigator, Kroll Inc., to audit work done at two of Mr. Cawley's homes, including construction of a 16-car garage to showcase some of his classic cars, Mr. Freeh said. The Kroll investigators found that two vendors had not billed Mr. Cawley for their services, said Michael G. Cherkasky, the president of Kroll. The vendors said they had done ''a favor for Charlie,'' Mr. Cherkasky said, but after Kroll spotted the lapses, the contractors billed him and he paid in full.
NEW YORK--(BUSINESS WIRE)--Jan. 13, 1999--American International Group, Inc. (AIG) has announced that member companies of AIG have signed a letter of intent with MBNA America Bank, N.A. to underwrite automobile, homeowners, and personal umbrella insurance products for MBNA customers.
Thenew marketing relationship will begin in the first quarter of 1999, offering AIG auto insurance to MBNA customers nationwide with other AIG insurance products added in the future. Under the terms of the agreement, AIG companies will underwrite the property-casualty insurance products and provide customer and claims service while MBNA will be responsible for marketing AIG insurance products to MBNA customers.
AIG Chairman M.R. Greenberg said, "This agreement with MBNA, the largest independent credit card lender in the world, represents a significant opportunity for AIG to increase its personal lines insurance businesses, which have grown rapidly over the past several years through the use of various distribution strategies in many markets. We are pleased to partner with such a respected and successful organization as MBNA in pursuit of this substantial opportunity."
a merchant bank and private equity fund management company headquartered in Washington, D.C., with an office in New York and an advisory office in Munich. Perseus has invested in numerous growth equity, buyout, and distressed transactions in the United States, Canada, and Western Europe. Perseus manages seven private equity funds. Since its inception in 1995, Perseus has made investments in more than 60 portfolio companies in a wide variety of industries in which Perseus and its principals have expertise, including healthcare, energy, environmental, and engineering technologies, and branded consumer products. Perseus has $1.5 billion in funds under management. Perseus also co-manages a $449 million fund that invests exclusively in life sciences companies.
Leading foreign exchange prime brokers JPMorganChase (NYSE:JPM), Deutsche Bank (NYSEB) and AIG Trading Group today announced a collaborative effort to dramatically streamline foreign exchange (FX) trades. The collaboration will improve upon and replace manual processes used by executing brokers to "give up" trades to prime brokers.
Prior to joining Perseus, Ms. Everett spent nearly four and a half years with The Carlyle Group where she oversaw the financial management, operations and investor reporting for 62 global private equity fund entities. In this role, Ms. Everett was an advisor to Carlyle’s founding partners, managing directors and global investment professionals, which include former Heads of State, Fortune 100 CEOs and international corporate executives. While at Carlyle, she led or was a key contributor to the success of several of the firm’s initiatives including the launch of Carlyle’s Online Investor Reporting website, the administration of Carlyle’s $15 million annual USD, Euro and JPY employee loan programs, and the firm’s integration and automation of various foreign tax, investor accounting and reporting requirements within Carlyle’s investor reporting database.
In short, President Obama’s election has made a difference, and the progressive movement has space to dream again. There are limits and obstacles to be sure, but what should frame our outlook are hope and possibility. The great reformer of the 20th century, Rev. Martin Luther King, taught us this lesson.
In his books, Obama admits attending "socialist conferences" and coming into contact with Marxist literature. But he ridicules the charge of being a "hard-core academic Marxist," which was made by his colorful and outspoken 2004 U.S. Senate opponent, Republican Alan Keyes.
However, through Frank Marshall Davis, Obama had an admitted relationship with someone who was publicly identified as a member of the Communist Party USA (CPUSA). The record shows that Obama was in Hawaii from 1971-1979, where, at some point in time, he developed a close relationship, almost like a son, with Davis, listening to his "poetry" and getting advice on his career path. But Obama, in his book, Dreams From My Father, refers to him repeatedly as just "Frank."
The reason is apparent: Davis was a known communist who belonged to a party subservient to the Soviet Union. In fact, the 1951 report of the Commission on Subversive Activities to the Legislature of the Territory of Hawaii identified him as a CPUSA member. What's more, anti-communist congressional committees, including the House Un-American Activities Committee (HUAC), accused Davis of involvement in several communist-front organizations.
Communism is a form of monopoly capitalism with the State fronting for the monopoly capitalists. It’s no different from the West where the State fronts for monopoly capital, except in Communism the State is more totalitarian and more intrusive. This is what we can look forward to.
East or West, Communism is devoted to concentrating all wealth and power in the hands of the central banking cartel (the Rothschilds and their allies) by disguising it as State power. (The State is run by witting & unwitting agents of the Rothschilds. When the USSR dissolved, the national wealth was divided between mostly Jewish “oligarchs” who were fronts for the Rothschilds.)
Any ideology that further concentrates wealth and power in the hands of the “State” is Communism in another guise. These ideologies — socialism, liberalism, fascism, neo-conservatism, zionism and feminism — are fronts for “Communism,” and are organized and funded by the central banking cartel.
Critics of the concept of the “dictatorship of the proletariat” — Anti-Communists, Trotskyist Communists, Libertarian Marxists, Anarcho-Communists, and anti-Stalinist Communists and Socialists — propose that the Stalinist USSR and other Stalinist countries used the “dictatorship of the proletariat” to justify the dictatorship of a (new) ruling class;
Corporatism is the inevitable progression of capitalism.
I keep hearing this, but it does not make it true. Corporatism is the inevitable conclusion of state-capitalism. When the government sticks its hands in the market, the powers in the market have to fight back or be compromised by the state. What comes out is a feedback loop of back-scratching and favoritism that becomes greater over time. Link. As the power of government grows, corruption grows. As corruption grows, as will the desire for more regulation. As regulation grows, government grows... rinse and repeat.
I, too, believe the left/right battle is a false dichotomy. To me, there are three extremes which people fall somewhere in between.
The picture looks like an upside down pyramid. The top left is for people that want to oppress others this way, the top right is for people that want to oppress others that way, and the bottom extreme is for people that do not seek to oppress anyone.
I agree that Obama is not a socialist, but he is fairly egalitarian. Mix in (American) Left politics with Right politics, add ice, you get Obama. He wants the government to control parts of the economy so his Wall Street buddies can make a buck, so they can back other politicians.