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Nelson Rockefeller
Nelson Rockefeller
Who was he: Nelson Aldrich Rockefeller was born in Bar Harbor, Maine, the grandson of Standard Oil founder John Davison Rockefeller, Sr. Nelson Rockefeller was Governor of New York, the 41st Vice President of the United States and ran for the US presidency three times as a moderate Republican but failed to win the GOP nomination.
The Rockefeller name is synonymous with great wealth but no one knows outside the family what their total net worth is, as all the family records concerning assets are closed to outside researchers. Most of the family wealth has been locked up in trusts created in 1934 and 1952 and a trust committee comprised of top investment professionals manages everything. Some experts have suggested their great wealth exceeds $100 billion dollars; others more expansive, suggesting it may even run into the trillions.
Nelson Rockefeller ran for the GOP presidential nomination in 1960, 1964 and 1968 and was the leader of the moderate and liberal wing of the Republican Party. Although Rockefeller never won an election for federal office, he was appointed by Gerald Ford as Vice President following the Nixon Watergate scandal and impeachment.
The vast wealth of the Rockefeller family has made them one of the most important parts of the Anglo-American Axis. Much of American history and problems in the Middle East can be traced to a US and British foreign policy designed to control the oil resources of the region. This is especially true in Iran. Rockefeller oil interests, along with Henry Kissinger, helped develop the destructive and interventionist foreign policies, which have caused and are responsible for war and conflict around the world. The Rockefellers have certainly been at the front and center of the purposeful development and implementation of a mercantilist economy in America – and the accruing benefits are massive, at least for the Rockefellers and their associates.
Background: Nelson Rockefeller was born July 8th, 1908, the son of John Davison Rockefeller, Jr. and Abby Aldrich Rockefeller and the grandson of both Standard Oil founder and Chairman John Davison Rockefeller, Sr. and US Senator Nelson Wilmarth Aldrich, a Republican from Rhode Island who was instrumental in drafting the Aldrich–Vreeland Act in 1908, which laid the foundation for the birth of the Federal Reserve System.
Young Rockefeller attended elementary and high school at the Lincoln School. Rockefeller graduated cum laude with an A.B. in economics from Dartmouth and worked in a number of the family businesses including Chase National Bank, Rockefeller Center, Inc., later joining the board and serving as president and later chairman. Rockefeller also worked Creole Petroleum (a Standard Oil subsidiary based in Venezuela), was a trustee of the Museum of Modern Art and joined his brothers in creating the Rockefeller Brothers Fund, a philanthropy organization. Incidentally,
Nelson Rockefeller was raised in a rather conservative and religious Baptist home but was a moderate and open-minded Republican. When Rockefeller vetoed a bill as Governor of New York in 1972 he stated, "I do not believe it right for one group to impose its vision of morality on an entire society."
Rockefeller was on the cover of Time magazine in the May 22, 1939 issue. So was Adolf Hitler, named the Man of the Year in the January 2, 1939 edition. During World War II Nelson Rockefeller served the Roosevelt Administration as he did the Truman, Eisenhower and Nixon administrations in a wide range of positions with a special interest in foreign affairs. Rockefeller also was a member of the American delegation to the original organizational conference creating the United Nations in 1945 in San Francisco.
In 1956, Nelson Rockefeller met Henry Kissinger and they became lifelong friends sharing similar views on Cold War foreign policy. Rockefeller formed the Special Studies Project, a planning group headed by Kissinger and funded by the Rockefeller Brothers Fund, which advocated global governance and big government solutions to problems facing the US and the world in addition to Cold War concerns with the Soviet Union.
Rockefeller was also very much involved in conservation and preserving forests and parks. Since he was one of the wealthiest men in the world, he generally left the nitty-gritty of policy implementation to his aides. For example, as governor, Rockefeller worked to develop a new type of bond described as "moral obligation" bonds to fund projects like low income housing in New York State. They were not specifically backed or guaranteed by the state but their status implied the government wouldn't let them fail. Many historians and economists believe this led to the "Too Big To Fail" problems that have plagued major US banks, airlines, insurance companies, auto companies and housing guarantors, a more blatantly obvious tack since the 2008 meltdown.
The regulatory democracy political system in the US is structured so the voters and citizenry take out their frustrations, blame and resentments on disposable politicians, institutions and their advisors. This serves to protect the powerful wealthy families and their special interests from blame for their actions and policies. In this way, Nelson Rockefeller was able to receive credit for popular policies while being shielded from his many more disastrous ones.
Nelson Rockefeller died on January 26, 1979 and is buried in the Rockefeller Family Cemetary in Sleepy Hollow, New York.
The Rockefeller name is synonymous with great wealth but no one knows outside the family what their total net worth is, as all the family records concerning assets are closed to outside researchers. Most of the family wealth has been locked up in trusts created in 1934 and 1952 and a trust committee comprised of top investment professionals manages everything. Some experts have suggested their great wealth exceeds $100 billion dollars; others more expansive, suggesting it may even run into the trillions.
Nelson Rockefeller ran for the GOP presidential nomination in 1960, 1964 and 1968 and was the leader of the moderate and liberal wing of the Republican Party. Although Rockefeller never won an election for federal office, he was appointed by Gerald Ford as Vice President following the Nixon Watergate scandal and impeachment.
The vast wealth of the Rockefeller family has made them one of the most important parts of the Anglo-American Axis. Much of American history and problems in the Middle East can be traced to a US and British foreign policy designed to control the oil resources of the region. This is especially true in Iran. Rockefeller oil interests, along with Henry Kissinger, helped develop the destructive and interventionist foreign policies, which have caused and are responsible for war and conflict around the world. The Rockefellers have certainly been at the front and center of the purposeful development and implementation of a mercantilist economy in America – and the accruing benefits are massive, at least for the Rockefellers and their associates.
Background: Nelson Rockefeller was born July 8th, 1908, the son of John Davison Rockefeller, Jr. and Abby Aldrich Rockefeller and the grandson of both Standard Oil founder and Chairman John Davison Rockefeller, Sr. and US Senator Nelson Wilmarth Aldrich, a Republican from Rhode Island who was instrumental in drafting the Aldrich–Vreeland Act in 1908, which laid the foundation for the birth of the Federal Reserve System.
Young Rockefeller attended elementary and high school at the Lincoln School. Rockefeller graduated cum laude with an A.B. in economics from Dartmouth and worked in a number of the family businesses including Chase National Bank, Rockefeller Center, Inc., later joining the board and serving as president and later chairman. Rockefeller also worked Creole Petroleum (a Standard Oil subsidiary based in Venezuela), was a trustee of the Museum of Modern Art and joined his brothers in creating the Rockefeller Brothers Fund, a philanthropy organization. Incidentally,
Nelson Rockefeller was raised in a rather conservative and religious Baptist home but was a moderate and open-minded Republican. When Rockefeller vetoed a bill as Governor of New York in 1972 he stated, "I do not believe it right for one group to impose its vision of morality on an entire society."
Rockefeller was on the cover of Time magazine in the May 22, 1939 issue. So was Adolf Hitler, named the Man of the Year in the January 2, 1939 edition. During World War II Nelson Rockefeller served the Roosevelt Administration as he did the Truman, Eisenhower and Nixon administrations in a wide range of positions with a special interest in foreign affairs. Rockefeller also was a member of the American delegation to the original organizational conference creating the United Nations in 1945 in San Francisco.
In 1956, Nelson Rockefeller met Henry Kissinger and they became lifelong friends sharing similar views on Cold War foreign policy. Rockefeller formed the Special Studies Project, a planning group headed by Kissinger and funded by the Rockefeller Brothers Fund, which advocated global governance and big government solutions to problems facing the US and the world in addition to Cold War concerns with the Soviet Union.
Rockefeller was also very much involved in conservation and preserving forests and parks. Since he was one of the wealthiest men in the world, he generally left the nitty-gritty of policy implementation to his aides. For example, as governor, Rockefeller worked to develop a new type of bond described as "moral obligation" bonds to fund projects like low income housing in New York State. They were not specifically backed or guaranteed by the state but their status implied the government wouldn't let them fail. Many historians and economists believe this led to the "Too Big To Fail" problems that have plagued major US banks, airlines, insurance companies, auto companies and housing guarantors, a more blatantly obvious tack since the 2008 meltdown.
The regulatory democracy political system in the US is structured so the voters and citizenry take out their frustrations, blame and resentments on disposable politicians, institutions and their advisors. This serves to protect the powerful wealthy families and their special interests from blame for their actions and policies. In this way, Nelson Rockefeller was able to receive credit for popular policies while being shielded from his many more disastrous ones.
Nelson Rockefeller died on January 26, 1979 and is buried in the Rockefeller Family Cemetary in Sleepy Hollow, New York.
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