Skip to main content

The true legacy of David Rockefeller

While often remembered for his philanthropy, the last surviving grandson of America’s first billionaire died today, leaving behind a dark legacy indicative of how American nobility often shape policy from behind the scenes.

by MintPress news desk

No one person encapsulates the enduring legacy of the “robber barons” of the Industrial Age quite like David Rockefeller. Rockefeller, who died today at the age of 101, was the last surviving grandson of John D. Rockefeller, the oil tycoon who became America’s first billionaire and the patriarch of what would become one of the most powerful and wealthiest families in American history. David Rockefeller, an undeniable product of American nobility, lived his entire life in the echelons of U.S. society, becoming symbolic of the elite who often direct public policy to a much greater extent than many realize, albeit often from the shadows.

Rockefeller made it clear that he preferred to operate out of public view despite his great influence in American – and international – politics. Due to his birthright, Rockefeller served as an advisor to every president since Eisenhower, but when offered powerful positions such as Federal Reserve chairman and Secretary of the Treasury – he declined, preferring “a private role.”

As evidenced by the numerous obituaries bemoaning the loss of the last of the Rockefeller’s grandsons, he was largely successful in hiding his most significant wrongdoings from public view, as evidenced by his characterization as a generous philanthropist and influential banker.

But as is often the case, Rockefeller’s true legacy is much more mired in controversy than major publications seem willing to admit. In addition to having the ear of every U.S. president for the better part of the last 70 or so years, Rockefeller – once again operating “behind the scenes” – was instrumental in shaping the more cringe-worthy aspects of U.S. policy during that time, as well as being a major force in establishing banking policies that led to debt crises in the developing world.

Rockefeller – as the head of Chase Manhattan Bank from 1969 to 1981 – worked with government and multinational corporations throughout the world to create a “global order” unequivocally dominated by the 1 percent, of which his family was a part. As the New York Times noted back in the 1970s, Rockefeller became embroiled in controversy when his constant trips overseas caused the bank to become less profitable, as he prioritized the bank’s influence on foreign politics over its actual business dealings.

During his time as Chase CEO, Rockefeller helped laid the foundation for repressive, racist and fascist regimes around the world, as well as architecture for global inequality. In addition, Rockefeller helped to bring the debt crisis of the 1980s into existence, in part by direct action through Chase Bank and also indirectly through his former employee-turned-Federal Reserve chairman Paul Volcker. Two years before the debt crisis erupted, Rockefeller, Volcker and other top bankers met at the International Monetary Conference in 1980s to argue for the establishment of a “safety net” for major banks – like Chase – that were embroiled in bad loans given largely to countries in the developing world.

After the crisis brought financial ruin to Latin America and other developing areas throughout the world, Rockefeller – along with other bankers – created austerity programs to “solve” the debt crisis during subsequent IMC meetings, provoking inequality that still persists to this day. However, thanks to the “safety net” conveniently established years prior, Chase avoided the economic consequences for its criminal actions.

In addition, Rockefeller supported the bloody and ruthless dictatorships of the Shah of Iran and Augusto Pinochet of Chile while also supporting Israeli apartheid. Rockefeller then went on to found the influential Trilateral Commission while also serving as a major force on the Council on Foreign Relations that he, along with his close friend Henry Kissinger, would come to dominate.

Both of these organizations have come under fire for using their powerful influence to bring about a “one-world government” ruled by a powerful, ultra-wealthy elite – an accusation to which David Rockefeller confirmed as true in his autobiography. Far from the generous philanthropist he is made to be, David Rockefeller deserves to be remembered for his true legacy – one of elitism, fascism and economic enslavement.

Source and links:

Comments

Popular posts from this blog

Oct. 7 Reports Implode: Beheaded Babies, NY Times Scandal, & More

Glenn Greenwald    

Πώς ο Γκρίνμπεργκ μπορεί να θάψει το καθεστώς Μητσοτάκη

του system failure    Είναι ξεκάθαρο ότι η αναμφίβολη πρωτοκαθεδρία του καθεστώτος Μητσοτάκη οφείλεται σχεδόν αποκλειστικά σε μια άκρως επιθετική επικοινωνιακή εκστρατεία που είχε καταφέρει μέχρι στιγμής να κρύβει κάτω από το χαλί (τουλάχιστον ως ένα βαθμό) τον αυταρχισμό και τη διαφθορά του καθεστώτος, καθώς και τις καταστροφικές πολιτικές που εφαρμόζει.  Και δεν είναι πλέον μυστικό, ότι ο άνθρωπος-κλειδί πίσω από αυτή την εκστρατεία είναι ο Αμερικανός δημοσιοσχετίστας, Σταν Γκρίνμπεργκ .    Όμως καθώς το καθεστώς επαναπαύθηκε στις δάφνες της νίκης των τελευταίων βουλευτικών εκλογών, τα μεγάλα προβλήματα συνέχισαν να συσσωρεύονται και φάνηκε ότι το καθεστώς είτε δεν ήθελε, είτε δεν μπόρεσε να τα αντιμετωπίσει. Έτσι, είδαμε σε σύντομο χρονικό διάστημα να έρχονται τα πρώτα σημαντικά πλήγματα στην πρωτοκαθεδρία του, μέσα από τα αποτελέσματα των δημοτικών και περιφερειακών εκλογών. Παρόλα αυτά, η αλαζονεία των καθεστωτικών στελεχών παρέμεινε αμετάβλητη, καθώς θεώρησαν ότι η τραγωδία των Τ

Zionist and US imperialist criminals are about to grab the natural gas off shore Gaza

globinfo freexchange   As the genocide against Palestinians of Gaza is about to be completed with an act of unprecedented brutality by the Zionists and butcher Netanyahu through the bombardment of about 1.4 million civilians in Rafah, it seems that they have already set their next primary goal. Which, in short, is to grab the natural gas resources off shore Gaza, together with their US imperialist buddies whose contribution to the genocide has been undoubtedly critical.     As already reported , in 2007, Hamas came to power and Israel launched an offensive on Gaza Strip, leaving behind 1,400 dead Palestinians, but taking with it the gas fields. Within a year, Israel announced the discovery of the Leviathan natural gas field, which did include Gaza's riches, valued at 453 billion dollars. But Gazans have been denied around 47 billion dollars in revenue. As for Tel Aviv, it's gunning to become a new hub. At that moment in time, that is 2022, Russian oil and gas were sanctioned.

Israel’s Descent Into Madness & the Holocaust Comparison

BreakThrough News   Rania Khalek was joined by Tarik Cyril Amar, a historian from Germany and associate professor at Koc University in Istanbul, to discuss Israel’s descent into genocidal fascism. Prof. Amar addresses whether it’s useful to make Holocaust and Nazi comparisons and the real reason behind the West’s unshakeable loyalty attitude when it comes to Israel’s barbarism.   

Neocon Queen Victoria Nuland Ends Her Reign: Exposing a Catastrophic Career

Glenn Greenwald    

The Shadowy, Intelligence-Linked Group Driving the US Towards War With Iran

"United Against Nuclear Iran does not miss an opportunity to try to bring the United States closer to a military conflict with Iran. And on the other side of the equation, they also have worked very hard to oppose efforts to de-escalate the U.S.-Iran relationship."   by Alan Macleod   Part 7 - A Lesson From History   The history of Iran has been intimately intertwined with the United States since at least 1953 when Washington orchestrated a successful coup against Prime Minister Mohammad Mosaddegh. Mosaddegh had refused U.S. demands to stamp out Communist influences in his country and had nationalized the nation’s oil. The U.S. installed Shah Mohammad Reza Pahlavi as a puppet ruler. An unpopular and authoritarian ruler, the Shah was overthrown in the Revolution of 1979. Since then, it has become a target for regime change, and its nuclear program is something of an obsession in the West. Often orchestrated by UANI officials while they were in government, the U.S. has carried

Το σκάσιμο της φούσκας Μητσοτάκη με νέα επίσημη χρεοκοπία και οριστικό τέλος της μεταπολίτευσης

του system failure   Τα αποτελέσματα των εκλογών της 25ης Ιουνίου ήταν λίγο-πολύ αναμενόμενα όσον αφορά τις πρώτες θέσεις με βάση και τα αποτελέσματα της πρώτης κάλπης του Μαίου. Αν συμπεριλάβουμε και το ποσοστό της αναμενόμενης αποχής, δεν μας έδωσαν κάποια ιδιαίτερη έκπληξη. Αυτό όμως που φαίνεται να αιφνιδίασε ακόμα και το συστημικό κατεστημένο, είναι η είσοδος των δύο υπερσυντηρητικών, ακροδεξιών κομμάτων Νίκη και Σπαρτιάτες, με το τελευταίο να έχει ξεκάθαρες διασυνδέσεις με τον πρώην Χρυσαυγίτη, Ηλία Κασιδιάρη. Παρά τη μεγάλη νίκη Μητσοτάκη, οι μιντιακοί ινστρούχτορες της καθεστωτικής προπαγάνδας εμφανίστηκαν σε γενικές γραμμές "μουδιασμένοι" και αυτό οφείλεται στο γεγονός ότι το συστημικό κατεστημένο (δηλαδή τα μεγάλα οικονομικά συμφέροντα που ελέγχουν και το σύνολο των μεγάλων ΜΜΕ πανελλαδικής εμβέλειας), πέτυχε μόνο έναν από τους τέσσερις μεγάλους στόχους που είχε θέσει εξ'αρχής. Μιλώντας με ποδοσφαιρικούς όρους, ουσιαστικά έχασε με σκορ 3-1.   Ο μεγάλος στόχος πο

Study Finds Media Giants New York Times, CNN, and Fox News Pushing for US War in Yemen

by Alan Macleod  Part 2 - Biased Reporting MintPress conducted a study of four leading American outlets: The New York Times , CNN, Fox News and NBC News. Together, these outlets often set the agenda for the rest of the media system and could be said to be a reasonable representation of the corporate media spectrum as a whole. Using the search term “Yemen” in the Dow Jones Factiva global news database, the fifteen most recent relevant articles from each outlet were read and studied, giving a total sample of 60 articles. All articles were published in January 2024 or December 2023. The study found the media wildly distorted reality, presenting a skewed picture that aided U.S. imperial ambitions. For one, every article in the study (60 out of 60) used the word “Houthis” rather than “Ansar Allah” to describe the movement which took part in the Yemeni Revolution of 2011 and rose up against the government in 2014, taking control of the capital Sanaa, becoming the new de facto government. Ma

The truth about Alexei Navalny

Glenn Greenwald / Dangerous Ideas with Lee Camp / The Hill /  

Top German military commanders plan direct attacks on Russia

by Johannes Stern  Top German generals and the German government are discussing in concrete terms how “Taurus” cruise missiles can be delivered to Ukraine and used against Russian targets. This emerged from an approximately 30-minute conversation on February 19, which was reportedly intercepted by Russian intelligence and published over the weekend by the Russian news channel RT. The conversation involved Air Force Inspector Ingo Gerhartz, Head of Operations and Exercises in the Luftwaffe Command Frank Gräfe and two lieutenant colonels of the Bundeswehr (armed forces) Space Command named Fenske and Florstedt. According to their own statements, the military commanders met to prepare a meeting with Defense Minister Boris Pistorius (Social Democrats, SPD) and to discuss with him whether and how the Taurus can be delivered to Kiev and used against the nuclear-armed power Russia. Pistorius wanted to “ get really deep into Taurus, ” Gerhartz began the conversation. He leaves no doubt that he