Big Money Tabs Romney & Obama
BUT THE REAL INDICATION that Romney’s got the nomination sewed up is Wall Street’s hedging their bets between Mitt and Obama. SOME CALL IT ‘HEDGING YOUR BET’ (while others call it ‘playing both sides.)Goldman Sachs, Citigroup, Credit Suisse Group, Morgan Stanley, and JPMorgan Chase have already contributed over $1 million combined to Romney’s campaign coffers. Fundraising receptions for Mitt at $2500 per plate are also on Wall Street's menu .JPMorgan’s CEO Jamie Dimon, Stephen Schwarzman, co-founder of the Blackstone Group, brought in beaucoup bucks for Mitt’s drive to the White House in two fundraising dinners held in NYC last winter. View Entire Story Here & Here. source:
Mitt Romney: An Obama neo-socialist in disguise?
Perhaps you find it odd that Mitt Romney is proposing to give the top one percent an $82,000 tax cut above and beyond the full extension of the Bush tax cuts. And perhaps you find it very odd that that makes Romney’s plan by far the most progressive tax plan in the Republican race.But you have to keep Romney’s audience in mind.In Friday’s Wall Street Journal, Kimberly Strassel criticizes Romney because he “wants Americans to know that he is in the tank for the middle class.” Romney “is following Democrats down the class-warfare rabbit hole,” she writes. “These are mistakes Ronald Reagan would never have made.”In Forbes, ex-Reagan administration official Peter Ferrara puts the same point more strongly. “Cowed by President Obama’s class warfare rhetoric, Romney promises to eliminate taxes on capital gains, interest, and dividends, only for middle income Americans,” Ferrara writes. “He says he would do that because they were the ones most hurt by the recession, not the wealthy. But effective tax policy does not distribute tax cuts based on who ‘needs’ a tax cut the most. That is Obama neo-socialist class rhetoric.”Put differently: In elite conservative circles, Romney “is following Democrats down the class-warfare rabbit hole” with an economic plan based on “Obama neo-socialist class rhetoric.” Recall, again, that Romney’s plan extends all the Bush tax cuts and then piles another tax cut that would substantially tilt toward the wealthy on top. The simple fact that he’s attempting to sell it as a measure for the middle class is, in these conservatives’ minds, a betrayal.I largely agree with Ross Douthat that liberals are overstating the degree to which the Republican primary battle is hurting Romney. But this is a more concrete cost. Romney has been lured into offering a very large tax cut for the top one percent at a time when Americans are very supportive of the opposite: increasing taxes on the top one percent. Whatever you think of the economics of the two positions, Romney’s tax plan is going to make life a lot harder for him in the general election. But it’s a tax plan that he had no choice but to offer, and in fact a tax plan that may yet prove to be too moderate for a significant portion of the Republican base. source:
Chart of who "owns" the Federal Reserve
Chart shows the link between the Federal Reserve Bank of New York,Standard Oil of Indiana,General Motors and Allied Chemical Corporation (Eugene Meyer family) and Equitable Life (J. P. Morgan).Liggett Group formerly known as Liggett & Myers Tobacco Company, the fourth largest tobacco company in the United States, General Electric (NBC), Twentieth Century Fox Corporation, Metropolitan Life Insurance Co., American Express Intl' Banking Corp., Staff Report, Committee on Banking, Currency and Housing, House of Representatives, 94th Congress, 2nd Session, August 1976.
20th Century FOX and NBC 'General Electric' Owned by Same Individuals
Chart 1
Federal Reserve Directors: A Study of Corporate and Banking Influence
Published 1976
Chart 1 reveals
the linear connection between the Rothschilds and the Bank of
England, and the London banking houses which ultimately control the
Federal Reserve Banks through their stockholdings of bank stock and
their subsidiary firms in New York. The two principal Rothschild
representatives in New York, J. P. Morgan Co., and Kuhn,Loeb &
Co. were the firms which set up the Jekyll Island Conference at which
the Federal Reserve Act was drafted, who directed the subsequent
successful campaign to have the plan enacted into law by Congress,
and who purchased the controlling amounts of stock in the Federal
Reserve Bank of New York in 1914. These firms had their principal
officers appointed to the Federal Reserve Board of Governors and the
Federal Advisory Council in 1914. In 1914 a few families (blood or
business related) owning controlling stock in existing banks (such as
in New York City) caused those banks to purchase controlling shares
in the Federal Reserve regional banks. Examination of the charts and
text in the House Banking Committee Staff Report of August, 1976 and
the current stockholders list of the 12 regional Federal Reserve
Banks show this same family control.
N.M. Rothschild , London - Bank of England ______________________________________ | | | J. Henry Schroder | Banking | Corp. | | Brown, Shipley - Morgan Grenfell - Lazard - | & Company & Company Brothers | | | | | --------------------| -------| | | | | | | | | Alex Brown - Brown Bros. - Lord Mantagu - Morgan et Cie -- Lazard ---| & Son | Harriman Norman | Paris Bros | | | / | N.Y. | | | | | | | | Governor, Bank | J.P. Morgan Co -- Lazard ---| | of England / N.Y. Morgan Freres | | 1924-1938 / Guaranty Co. Paris | | / Morgan Stanley Co. | / | / | \Schroder Bank | / | Hamburg/Berlin | / Drexel & Company / | / Philadelphia / | / / | / Lord Airlie | / / | / M. M. Warburg Chmn J. Henry Schroder | | Hamburg --------- marr. Virginia F. Ryan | | | grand-daughter of Otto | | | Kahn of Kuhn Loeb Co. | | | | | | Lehman Brothers N.Y -------------- Kuhn Loeb Co. N. Y. | | -------------------------- µ | | | | 8 | | | | Lehman Brothers - Mont. Alabama Solomon Loeb Abraham Kuhn | | __|______________________|_________ Lehman-Stern, New Orleans Jacob Schiff/Theresa Loeb Nina Loeb/Paul Warburg ------------------------- | | | | | Mortimer Schiff James Paul Warburg _____________|_______________/ | | | | | | Mayer Lehman | Emmanuel Lehman \ | | | \ Herbert Lehman Irving Lehman \ | | | \ Arthur Lehman \ Phillip Lehman John Schiff/Edith Brevoort Baker / | Present Chairman Lehman Bros / Robert Owen Lehman Kuhn Loeb - Granddaughter of / | George F. Baker | / | | / | | / Lehman Bros Kuhn Loeb (1980) | / | | / Thomas Fortune Ryan | | | | | | Federal Reserve Bank Of New York | |||||||| | ______National City Bank N. Y. | | | | | National Bank of Commerce N.Y ---| | | \ | Hanover National Bank N.Y. \ | | \ | Chase National Bank N.Y. \ | | | | Shareholders - National City Bank - N.Y. | ----------------------------------------- | | / James Stillman / Elsie m. William Rockefeller / Isabel m. Percy Rockefeller / William Rockefeller Shareholders - National Bank of Commerce N. Y. J. P. Morgan ----------------------------------------------- M.T. Pyne Equitable Life - J.P. Morgan Percy Pyne Mutual Life - J.P. Morgan J.W. Sterling H.P. Davison - J. P. Morgan NY Trust/NY Edison Mary W. Harriman Shearman & Sterling A.D. Jiullard - North British Merc. Insurance | Jacob Schiff | Thomas F. Ryan | Paul Warburg | Levi P. Morton - Guaranty Trust - J. P. Morgan | | Shareholders - First National Bank of N.Y. ------------------------------------------- J.P. Morgan George F. Baker George F. Baker Jr. Edith Brevoort Baker US Congress - 1946-64 | | | | | Shareholders - Hanover National Bank N.Y. ------------------------------------------ James Stillman William Rockefeller | | | | | Shareholders - Chase National Bank N.Y. --------------------------------------- George F. Baker
Chart 2
Federal Reserve Directors: A Study of Corporate and Banking Influence
- Published 1983
The J. Henry
Schroder Banking Company chart encompasses the entire history of the
twentieth century, embracing as it does the program (Belgium Relief
Commission) which provisioned Germany from 1915-1918 and dissuaded
Germany from seeking peace in 1916; financing Hitler in 1933 so as to
make a Second World War possible; backing the Presidential campaign
of Herbert Hoover ; and even at the present time, having two of its
major executives of its subsidiary firm, Bechtel Corporation serving
as Secretary of Defense and Secretary of State in the Reagan
Administration.
The head of the
Bank of England since 1973, Sir Gordon Richardson, Governor of the
Bank of England (controlled by the House of Rothschild) was chairman
of J. Henry Schroder Wagg and Company of London from 1963-72, and
director of J. Henry Schroder,New York and Schroder Banking
Corporation,New York,as well as Lloyd's Bank of London, and Rolls
Royce. He maintains a residence on Sutton Place in New York City, and
as head of "The London Connection," can be said to be the
single most influential banker in the world.
J. Henry Schroder ----------------- | | | Baron Rudolph Von Schroder Hamburg - 1858 - 1934 | | | Baron Bruno Von Schroder Hamburg - 1867 - 1940 F. C. Tiarks | 1874-1952 | | | marr. Emma Franziska | (Hamburg) Helmut B. Schroder J. Henry Schroder 1902 | Dir. Bank of England | Dir. Anglo-Iranian | Oil Company J. Henry Schroder Banking Company N.Y. | | J. Henry Schroder Trust Company N.Y. | | | ___________________|____________________ | | Allen Dulles John Foster Dulles Sullivan & Cromwell Sullivan & Cromwell Director - CIA U. S. Secretary of State Rockefeller Foundation Prentiss Gray ------------ Belgian Relief Comm. Lord Airlie Chief Marine Transportation ----------- US Food Administration WW I Chairman; Virgina Fortune Manati Sugar Co. American & Ryan daughter of Otto Kahn British Continental Corp. of Kuhn,Loeb Co. | | | | M. E. Rionda | ------------ | Pres. Cuba Cane Sugar Co. | Manati Sugar Co. many other | sugar companies. _______| | | | | G. A. Zabriskie | --------------- | Emile Francoui Chmn U.S. Sugar Equalization | -------------- Board 1917-18; Pres Empire | Belgian Relief Comm. Kai Biscuit Co., Columbia Baking | Ping Coal Mines, Tientsin Co. , Southern Baking Co. | Railroad,Congo Copper, La | Banque Nationale de Belgique Suite 2000 42 Broadway | N. Y | __________________________|___________________________|_ | | | | | | Edgar Richard Julius H. Barnes Herbert Hoover ------------- ---------------- -------------- Belgium Relief Comm Belgium Relief Comm Chmn Belgium Relief Com Amer Relief Comm Pres Grain Corp. U.S. Food Admin U.S. Food Admin U.S. Food Admin Sec of Commerce 1924-28 1918-24, Hazeltine Corp. 1917-18, C.B Pitney Kaiping Coal Mines | Bowes Corp, Manati Congo Copper, President | Sugar Corp. U.S. 1928-32 | | | John Lowery Simpson ------------------- Sacramento,Calif Belgium Relief | Comm. U. S. Food Administration Baron Kurt Von Schroder Prentiss Gray Co. J. Henry Schroder ----------------------- Trust, Schroder-Rockefeller, Chmn Schroder Banking Corp. J.H. Stein Fin Comm, Bechtel International Bankhaus (Hitler's personal bank Co. Bechtel Co. (Casper Weinberger account) served on board of all Sec of Defense, George P. Schultz German subsidiaries of ITT . Bank Sec of State (Reagan Admin). for International Settlements, | SS Senior Group Leader,Himmler's | Circle of Friends (Nazi Fund), | Deutsche Reichsbank,president | | Schroder-Rockefeller & Co. , N.Y. --------------------------------- Avery Rockefeller, J. Henry Schroder Banking Corp., Bechtel Co., Bechtel International Co. , Canadian Bechtel Company. | | | | Gordon Richardson ----------------- Governor, Bank of England 1973-PRESENT C.B. of J. Henry Schroder N.Y. Schroder Banking Co., New York, Lloyds Bank Rolls Royce
Chart 3
Federal Reserve Directors: A Study of Corporate and Banking Influence
- Published 1976
The David
Rockefeller chart shows the link between the Federal Reserve Bank of
New York,Standard Oil of Indiana,General Motors and Allied Chemical
Corportion (Eugene Meyer family) and Equitable Life (J. P. Morgan).
DAVID ROCKEFELLER ---------------------------- Chairman of the Board Chase Manhattan Corp | | ______|_______________________ Chase Manhattan Corp. | Officer & Director Interlocks|--------------------- ------|----------------------- | | | Private Investment Co. for America Allied Chemicals Corp. | | Firestone Tire & Rubber Company General Motors | | Orion Multinational Services Ltd. Rockefeller Family & Associates | | ASARCO. Inc Chrysler Corp. | | Southern Peru Copper Corp. Intl' Basic Economy Corp. | | Industrial Minerva Mexico S.A. R.H. Macy & Co. | | Continental Corp. Selected Risk Investments S.A. | | Honeywell Inc. Omega Fund, Inc. | | Northwest Airlines, Inc. Squibb Corporation | | Northwestern Bell Telephone Co. Olin Foundation | | Minnesota Mining & Mfg Co (3M) Mutual Benefit Life Ins. Co. of NJ | | American Express Co. AT & T | | Hewlett Packard Pacific Northwestern Bell Co. | | FMC Corporation BeachviLime Ltd. | | Utah Intl' Inc. Eveleth Expansion Company | | Exxon Corporation Fidelity Union Bancorporation | | International Nickel/Canada Cypress Woods Corporation | | Federated Capital Corporation Intl' Minerals & Chemical Corp. | | Equitable Life Assurance Soc U.S. Burlington Industries | | Federated Dept Stores Wachovia Corporation | | General Electric Jefferson Pilot Corporation | | Scott Paper Co. R. J. Reynolds Industries Inc. | | American Petroleum Institute United States Steel Corp. | | Richardson Merril Inc. Metropolitan Life Insurance Co. | | May Department Stores Co. Norton-Simon Inc. | | Sperry Rand Corporation Stone-Webster Inc. | | San Salvador Development Company Standard Oil of Indiana
Chart 4
Federal Reserve Directors: A Study of Corporate and Banking Influence
- Published 1976
This chart shows
the interlocks between the Federal Reserve Bank of New York J. Henry
Schroder Banking Corp., J. Henry Schroder Trust Co., Rockefeller
Center, Inc., Equitable Life Assurance Society ( J.P. Morgan), and
the Federal Reserve Bank of Boston.
Alan Pifer, President Carnegie Corporation of New York ---------------------- | | ---------------------- Carnegie Corporation Trustee Interlocks -------------------------- ---------------------- | | | Rockefeller Center, Inc J. Henry Schroder Trust Company | | The Cabot Corporation Paul Revere Investors, Inc. | | Federal Reserve Bank of Boston Qualpeco, Inc. | Owens Corning Fiberglas | New England Telephone Co. | Fisher Scientific Company | Mellon National Corporation | Equitable Life Assurance Society | Twentieth Century Fox Corporation | J. Henry Schroder Banking Corporation
Chart 5
Federal Reserve Directors: A Study of Corporate and Banking Influence
- Published 1976
This chart shows
the link between the Federal Reserve Bank of New York, Brown Brothers
Harriman,Sun Life Assurance Co. (N.M. Rothschild and Sons), and the
Rockefeller Foundation.
Maurice F. Granville Chairman of The Board Texaco Incorporated ---------------------- | | Texaco Officer & Director Interlocks ---------------- Liggett & Myers, Inc. ------------------------------------ | | | | | L Arabian American Oil Company St John d'el Ray Mining Co. Ltd. O | | N Brown Brothers Harriman & Co. National Steel Corporation D | | O Brown Harriman & Intl' Banks Ltd. Massey-Ferguson Ltd. N | | American Express Mutual Life Insurance Co. | | N. American Express Intl' Banking Corp. Mass Mutual Income Investors Inc. M. | | Anaconda United Services Life Ins. Co. R | | O Rockefeller Foundation Fairchild Industries T | | H Owens-Corning Fiberglas Blount, Inc. S | | C National City Bank (Cleveland) William Wrigley Jr. Co H | | I Sun Life Assurance Co. National Blvd. Bank of Chicago L | | D General Reinsurance Lykes Youngstown Corporation | | General Electric (NBC) Inmount Corporation
** Source: Federal
Reserve Directors: A Study of Corporate and Banking Influence. Staff
Report,Committee on Banking,Currency and Housing, House of
Representatives, 94th Congress, 2nd Session, August 1976.
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