The Colonel's Corner The Invisible Government by Dan Smoot Part 3

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Transcript

0:11 Okay, we're going to try to get through this chapter. It's going to be a challenge. And I'm only going 45 minutes today. I have a five o'clock with Crypto Rich. So we're going to get as far as we can. Okay, I have no idea where Bridget is. So SR, just give me a heads up when she gets in. All right, we're on chapter four.

0:38 Committee for Economic Development. And this takes place in June 20th, 1961. The San Francisco Examiner published a UPI story with a June 19th, Washington DC date, quote, JFK backs tax cut plan, unquote. Here's an excerpt from the article.

1:07 President Kennedy today urged Congress and the people to give a close study to a monetary reform proposal, which would empower him to cut income taxes in recession periods. He issued the statement after receiving a bulky report from the commission, money, and credit. The 27-member commission was set up in 1957 by a Committee for Economic Development. It was a three-year study.

1:37 financed by a $1.3 million grant from the Committee for Economic Development and the Ford and Merrill Foundations, both of those known to launder CIA money. One of the key recommendations was to give the president limited power to cut the 20% tax rate on the first $2,000 of personal income.

2:08 The report also recommended extensive changes to the Federal Reserve System set up in 1913. This San Francisco Examiner article is a classic example of propaganda disguised as reporting.

2:24 The story about the president supporting a plan for reducing taxes could not fail to command sympathetic attention. But the truth is that the tax reform proposals of the Commission on Money and Credit would give the president as much power and leeway to raise them as lower them. In its 282-page report, the commission made 87 proposals, not one. One would give the president...

2:54 on his own initiative to reduce the basic income rate, the one that applies to practically everyone, from 20% to 15%. It would also permit the president to raise it from 20 to 25. The idea of giving the president such power is alien to the American political process. The proposed machinery for granting such presidential powers would violate the very basic

3:23 premise of our constitutional system. The president would announce that he was going to do that, and if within 60 days Congress didn't veto the plan, it would become law. Other proposals in the report on commission and money credit filed June 18, 1961, were the Federal Reserve Act would be amended to give the president control over the Federal Reserve System. The commission recommended elimination of the legal requirement.

3:54 that the Federal Reserve System maintain a gold reserve to back up American currency. The banking laws of individual states would be ignored or invalidated. Banking laws of 33 states prohibited mutual savings banks. The commission wanted to make sure that they were permitted in all states. The commission would circumvent, if not eliminate, state laws governing the insurance industry.

4:29 The commission proposed a federal law that would permit insurance companies to obtain federal charters and claim federal regulation to avoid state regulation. The commission would subject all private pension funds to federal supervision. It would abolish congressional limitations on the size of the national debt. The commission recommended the Congress approve all federal public work projects three years in advance.

5:00 that the administrative officials and congressional leaders used political extortion and promises of bribes with public money would force the House of Representatives in January 1961 to pack the House Rules Committee. The objective of the commission of money and credit was to transition us into a more socialist state.

5:31 almost creating a proletariat in the White House. The commission wants unemployment to drop to the point where the number of jobless workers would equal the number of vacant jobs. And the clear implication is basically socialism. The commission on money and credit was created on November 21st, 1957 by the Committee for Economic Development, CED.

6:04 There's an exact committee in the UK that was staffed by the Fabians. Part of the commission, the CED, chairman was Donald David. Donald David was quoted as saying, the CED began nine years ago in 1948 to call attention to the need for comprehensive reassessment of our entire money and credit system.

6:39 When the last such survey of the economic scene was made by the Aldridge Commission in 1911, we had no central banking system. Although the CED was envisioned a commission created by government, the inability of government to obtain the consensus required for launching the study became very apparent as the need for avoiding further delays. So after receiving encouragement and funding,

7:09 It was set up by an initial grant from the Ford Foundation. Oh, I see Miss Bridget. The director of research for the commission was Dr. Bertrand Fox, a professor at the Harvard Graduate School. His assistant, Dr. Eli Shapiro, professor of finance at MIT. And it's interesting because when you read how the Fabians came to the United States, MIT.

7:43 Harvard, Columbia, were some of their targeted schools to place the Fabians in. I don't know whether Bertrand Fox, I don't have my book in front of me, so I can't look it up. Of the 27 persons who served as members of the committee, some of the names, Wilde, Burrell, Fleming, Rockefeller, Dodge, you know.

8:15 At least 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13 of them were Council on Foreign Relations members as well. The above discussion on commission and money credit, together with the roster of membership, was discussed with Charles Schuman, President of the American Farm Bureau Federation.

8:45 who wrote the author a letter saying, I am a member of the Commission of Money and Credit, but you will notice that I filed very strong objections to several of the recommendations. I do not agree with the commission's recommendations to authorize the president to set the rate of income tax. Neither do I agree with the gold reserve requirement being abandoned. I agree with some of your criticism of the report.

9:15 As the author pointed out, the various agencies which interlocked with the Council on Foreign Relations do not have formal affiliation with the Council. And that is the very essence of the Fabians. They set up these independent things that look independent, but it's the members that overlap all of them that if you don't know the names, you don't realize that it's basically the CFR disguised.

9:45 like wearing sheep's clothing as another entity that appears quote unquote independent when it in fact is not independent at all. And they do it in a form of plausible deniability so that a person, just a normal Joe Blow can't see that they're all interconnected.

10:11 This scheme was first conceived and put into operation during Woodrow Wilson by Colonel Edward House, who we've documented is definitely a Fabian. House was part of the founding of the CFR for the purpose of creating what House called a positive foreign policy for America, a policy that would entwine the affairs of America with all of the other nations.

10:38 and be sucked into a one-world government. House knew, however, that America could not become a one-world socialist system under America's economy unless it was first socialized. So he began laying the groundwork for that. The following is a passage that was written from the intimate papers of Colonel House.

11:06 The extent of Colonel House's influence upon legislative plans of the administration, i.e. Wilson's, may be gathered from a remarkable document. In autumn of 1912, immediately after the presidential election, when Wilson was elected to his first term, there was published a novel entitled Philip Drew, Administrator. Now we're going to go over this during the Fabian show with...

11:34 War Hamster because it's crazy. Now, Philip Drew, administrator, was basically published as a quote unquote novel. And originally, it was anonymous. But later, House actually admitted to writing it. So keep that in mind. This supposedly fictitious story.

12:04 was a young West Point graduate who was caught by the spirit of revolt against the tyranny of privileged interest. A stupid and reactionary government at Washington provoked armed rebellion, in which Drew joins wholeheartedly, in which he ultimately leads to complete success. He himself becomes a dictator, a military dictator.

12:33 graduate of the mafia at West Point, to reform the basic laws and determine the relationship of classes, to remodel the defensive forces of the republic, and to bring about an international grouping or league of powers. Five years after publication, an enterprising bookseller, noting the growing influence of House in the Wilson administration, wrote with regard to the book, quote, as time goes,

13:06 The interest in it becomes more intense due to the fact that so many of the ideas expressed by Philip Drew, administrator, are becoming laws in this republic. And so many of his ideas have been discussed as becoming laws. Is Colonel E.M. House of Texas the author? Unquote. Colonel House was indeed the author.

13:33 Philip Drew gives us an insight into the main political and social principles that actuated House in his companionship with President Wilson. Through it runs the note of social democracy reminiscent of Louis Blanc and the revolutionaries in 1848. Through the book also runs the idea that the U.S. government is unresponsive to popular desires. A negative government.

14:03 House calls it. The specific measures enacted by Philip Drew, the administrator of the nation, indicates reforms desired by House. The administrator appointed a board composed of economists, you know, the same economists that are used by the Fabians in the UK, who were instructed to fill out a tariff law, which would contemplate the abolishment of

14:33 theory of protection as a government policy. The administrator further directed the tax board to work out a graduated income tax. Philip Drew also provided for the formulation of a new banking law affording a flexible currency bottomed largely upon commercial assets. He also proposed making corporations share with the government and states a certain part of their earnings. Isn't that what

15:02 Bernie Sanders just recommended? Yes, yes it is. Labor is no longer to be classed as an inner commodity to be bought and sold by the laws of supply and demand. Drew prepared an old aid pension law and also a laborer's insurance law. Like unemployment and social security? Yes, just like those. He had incorporated in the franchise law the right of labor to have one representative,

15:34 upon the board of corporations and to share a certain percentage of the earnings above wages after a reasonable percent for capital had been earned. In turn, it was to be obligatory upon them, the laborers, not to strike. You know, like communism. Need it be pointed out that Louis Blanc and the revolutionaries of...

16:03 1848, on whom Colonel Cowles patterned his plan for remaking America, had a scheme for the world virtually identical to Karl Marx and Frederick Engels, socialist revolutionaries who wrote Communist Manifesto. In 1918, Franklin Lane, Woodrow Wilson's Secretary of the Interior, wrote in a private letter about the influence of Philip Drew on President Wilson.

16:33 Quote, all that book has said should be comes about. The president comes to Philip Drew in the end, unquote. The end was a socialist dictatorship of the proletariat identical to what existed in the Soviet Union. We have already come to a major portion of Colonel House's program. That unrealized portion of the program are now promises in the platform.

17:01 of major political parties. They are in the legislative proposals of the administration and power of its leaders in Congress. They are the objectives of the CFR. The Committee of Economic Development, which created the Commission on Money and Credit, is a major propaganda arm of the CFR. Paul Hoffman is the father of the CED, the Committee for Economic Development.

17:33 Hoffman was a CFR member, formerly president of the Studebaker Corporation, formerly president of the Ford Foundation, and honorary chairman of the Fund for the Republic, has held many powerful jobs in government, and is now, in 1962, director of the special UN Fund for Economic Development.

18:00 the UN agency which is giving American taxpayer dollars to foreign governments. Hoffman, in 1939, conceived the idea of setting up a tax-exempt economic committee which would prepare new economic policies for the nation and then prepare the public and Congress to accept them.

18:21 Hoffman founded the Committee for Economic Development in 1942. The organization was incorporated that September with Paul Hoffman as chairman. Major offices of the Committee for Economic Development has been occupied by the CFR. On the Council of CFR members that joined Hoffman's CED in 1942 was William Benton, former U.S. Senator, now chairman of Encyclopedia

18:53 Britannica, meaning Britain. And there's a long story about that. They basically were created the Encyclopedia Britannica to revise history. He was also former assistant secretary of state, trustee and former vice president of the University of Chicago, which was a hotbed of Fabian activity in the realm of economics. Will Clayton,

19:26 was the founder of Anderson, Clayton & Company in Houston. He was also the former Assistant Secretary of Commerce and Undersecretary of State under Roosevelt and Truman. He was Eisenhower's National Security Training Commissioner. Ralph Flanders was a former U.S. Senator. Marion Folsom, Eisenhower's Secretary of Department of Health, Education, and Welfare.

19:52 who also held positions in the Roosevelt and Truman administration and was on the board of overseers at Harvard. Eric Johnston, former director, Economic Stabilization Agency, who held other positions in the Roosevelt, Truman, and Eisenhower administration. He was the former director and president of the U.S. Chamber of Commerce.

20:21 at the time in 1962, the president of Motion Picture Association of America. Nice place to be if you want to control the propaganda. Thomas McCabe, former Lynn Lease administrator, former chairman of the Board of Governors, Federal Reserve, president of Scott Paper Company. Harry Sherman, founder and chairman of the board, Book of the Month Club.

20:54 Here are the CFR members that were on the CED from 1942. Paul Hoffman, Marion Folsom, Meyer Kressenbaum, who was president of Hart, Schaefer, and Marks, director, Fund for the Republic, director of Chicago and Northwestern Railroad, J.D. Zellerbach, Eisenhower's...

21:23 ambassador to Italy in 55 through 57, which is very interesting given the CIA activity in Italy at the time, president and director of Crown Zellerbach Corporation, chairman of the board and director of Fiber Board's product, director of Wells Fargo. Donald David, who was dean of Harvard University, a trustee on the Ford Foundation.

21:52 Carnegie Institute, Merrill Foundation, and Board of Directors of Macy. He was also a director at GE, First National City Bank of New York, Aluminum Limited, and Ford Motor Company. Of the CED Board of Trustees, listed in their 1957 annual report, 47 were members of the CFR.

22:22 And I'm not going to go through all of them, but I will point out a couple of very interesting names, like Elliot Bell, who was the former economic advisor to Thomas Dewey. He was on McGraw-Hill Publishing. He was a publisher and editor at Businessweek, director of the Bank of Manhattan.

22:49 New York Life Insurance, Gutenheim Foundation, which I find in the CIA little will of money laundering activity. Thomas Cabot of the Cabot Wealth. Let me see, there was another one here. William Foster, Philip Graham.

23:17 Former Law Secretary, Supreme Court Justices Stanley Reed and Felix Frankfurter, who we talked about yesterday, who was president and publisher of the Washington Post. Many of these are duplicates. Philip Reed, who had many positions in the Roosevelt and Truman administration. He was on a whole bunch of boards like GE and Bankers Trust and Metropolitan Life.

23:51 Moving on. In the annual report that had all these people's names in 57, the Committee for Economic Development boasted about their accomplishments. Howard Peterson, chairman of the CED Subcommittee on Economic Development and Assistance, a CFR member, said his committee originated the idea of creating the Development Loan Fund authorized by Congress and the Foreign Aid Bill, which Eisenhower established.

24:23 by executive order. In 56, when Eisenhower requested an appropriation for foreign aid, he asked Congress to authorize foreign aid commitments for the next 10 years. Congress refused. In 57, the internationalist ideal of a permanent authorization for foreign aid was wrapped into the development loan fund. Only a few congressmen raised any questions about it.

24:54 Karahan, a Democrat from Missouri, floor manager for the foreign aid bill, was quoted as saying, the U.S., in order to provide effective assistance to all underdeveloped nations, must have the availability of a substantial fund to draw upon. The fund must be large enough so that all underdeveloped nations of the free world will feel that they have the opportunity to participate in it.

25:24 In other words, we're just going to fund the entire world. We cannot wisely say that we should make a small amount available the first year and see how it works out. If we're able to offer only a little bit of assistance for a select few, we will inevitably agonize over which countries we want to have friendships with. In addition to initial authorization of an appropriation of five,

25:53 $500 million, the bill include authorization for borrowing from the treasurer another $500 million at whatever time we want. Congressman Karahan, arguing for foreign aid, outlined some of the most absurd fallacies of foreign aid, namely that we give foreign aid at all. We must provide enough so we can give it to everybody so that we don't offend anybody.

26:27 H.R. Gross, a Republican from Iowa, asked a question. What interest rate will we be charged upon the loans that we are going to make? Mr. Karahan said the legislation doesn't designate an interest rate. Mr. Gross says, well, how long will the loans be made for? We didn't designate that either. The rules for the loans will be determined along with the interest rates.

26:55 by the executive branch. John Pilchner, a Democrat from Georgia, made the point that the manager of the development loan fund appointed by the president could lend money to any foreign government or foreign government agency, to any corporation, any individual, or any group of people. Carrion said, yes, that's right. Pilchner returned.

27:24 And said, in other words, it would be possible for an individual to borrow a million dollars or five million to set up a business in some foreign country if the manager so agreed. Is that correct? He said, yeah, that's it. So it's just a slush fund for the same guys that are sitting on this economic development. Because they're the only ones that can afford to go set up foreign companies. Pitchner then said, the manager has the authority to collect.

27:54 or compromise any obligation in the fund. In other words, he can make a loan this month and if he so desires, he can turn around and compromise it or cancel it the next month. Porter Hardy, a Democrat from Virginia said, the manager of the fund has almost unlimited authority to do whatever he wants. Barrett O'Hara, a Democrat from Illinois says,

28:19 Trying to quiet fears for this bill was granting unlimited uncontrollable power to some appointed manager. Said that the blank check grant of authority was not really being made to the fund manager at all. The power was being given to the president and the manager was merely performing the duty at the direction of the president. Yeah, I'm sure that the president is going to be signing off on these loans.

28:48 Mr. Gross responded, that is more power than any president has asked for or has the responsibility for. Leanne Gavin, a Republican from Pennsylvania, pointed out that we had already have four, five or six lending agencies in this field. The International Cooperation Administration, the Export-Import Bank, the International Bank, the International Monetary Fund, the International Development Corporation.

29:18 And the World Bank, why do we need another one? Walter Judd, a Republican from Minnesota, had already answered that question, explaining that the development loan would go to foreigners who could not qualify for loans from any of the other loans we were already given. Mr. Gross said that all foreign nations which will borrow from this fund could get all of the American private capital they need.

29:46 If they had the political systems that were worth investing in. Oh, but it's not for them. It's for the ones that we installed military dictatorships in that corporations didn't really want to risk their capital for. In short, it was a scheme for giving American taxpayers to foreign governments who have proven themselves to be very poor credit risk.

30:16 that no U.S. corporation wanted to invest in. But they're going to take your money from your pocket and give it to them because they're poor credit risk. In the 1957 annual report, they also boasted about the work of Area Development Committee. At the time, the two leading members of that committee were both members of the CFR, Stanley Marcus from Neiman Marcus, you know.

30:44 the rich billionaire in Dallas, and Dr. Beardsley Rommel, R-U-M-L. He was known as the New Deal socialist economist. Mr. Jarvis Bapp, the chairman of the CED Area Development Committee and president of Lever Brothers Company said this, a new area development program approved by the trustees at their May.

31:14 Meeting in Chicago is underway. Already close relationships have been established with organizations, public and private. We're conducting research and administering programs for development. Five of the CED college community research centers have been the starting point of pilot projects. Those areas were Boston, Utica, Alabama, Arkansas, and Oklahoma.

31:45 They had brought CED personnel into cooperation with collection of tax exempt municipal planning organizations housed in the Rockefeller Finance Center in Chicago, which had become the national headquarters for the production and placement of experts who fabricate progressive legislation for governments at all level and rewrite state constitutions.

32:14 to enable them to spend money where these people want it spent. In other words, the area development activities for the Committee of Economic Development was the invisible government of America, i.e. the CFR. They had a hand in everything. Their focus at that subcommittee was metropolitan government, as conceived by socialist planners.

32:45 would destroy the entire fabric of our government and social organizations in the U.S. Metropolitan government would eliminate the individual states as political entities. It would divide the nation into metropolitan regions sprawling across state lines. It would place the management of these regional governments in the hands of appointed experts. That didn't answer to local citizens.

33:14 but to the powers in Washington. Through the area development activities of the Committee for Economic Development, the CFR, they were supporting a thing called urban renewal programs. Urban renewal with federal tax money was authorized in the National Housing Act of 1949. It enlarged the scope of amendments to the Housing Act of 54, 56, and 57.

33:43 but it did not become a vigorously promoted nationwide program until 57 after the CFR began pushing it. Urban renewal was a federally financed program, i.e. us, of city planning, which required city governments to seize homes and other private property from citizens and resell them below cost to real estate promoters and private citizens for development.

34:13 auspices of imminent domain, city governments do not have the power other than that to take private real estate from one citizen for the profit of another. But in November of 54, the Supreme Court in the urban renewal case said that Congress and state legislatures can do anything they like to private property as long as it became for the public good. Urban renewal.

34:42 was opened to rich veins of money, graft, corruption, and political voting and began destroying private property rights under the pretext of clearing slums to eliminate crime. The urban renewal authorities were authorized to seize not just slum property because that was just the toe in the door, but any private property.

35:14 For the betterment of all, federal urban renewal since the CFR, CED started supporting it, had become a national movement. In the same 57 annual report, the Committee of Economic Development gave details on how its educational work in public schools and colleges was going to be carried out. This was work primarily by CED's Business Education Committee.

35:46 The two primary operations which the committee created was the College Community Research Centers and the Joint Council on Economic Education. From the 57 report, this is a quote. CED's efforts to promote and improve economic education in the schools, I'm going to nickname that propaganda, are of special appeal, both with education and progress.

36:15 of the free enterprise system. Literally none of this is free enterprise. They had sponsored with CED teaching material to represent important contributions of economic education at the high school and college level. In primary and secondary schools, the introduction of economics into teacher programs was moving fastly forward. Thanks in part

36:45 to the Joint Council of Economic Education, which CED helped develop. The Business Education Committee continued in 1957 its work with their research centers and the Joint Council on Economic Education. The Joint Council's program to improve the teaching of economics in public schools were operating in 39 states as a result of their effort. And 25 college community centers were active by the end of the year.

37:16 In its work, the committee, the Business Education Committee, is finding especially valuable the experience gained through these operations of research centers. These centers are financed partly by the CED, partly by the Fund for Adult Education, which was funded by the Ford Foundation.

37:40 The Joint Council on Economic Education is making excellent progress in training teachers incorporating economic education at all grade levels, in addition to national service programs. The CED helped establish and work closely with independent organizations.

37:59 In four main areas, summer workshops for teachers. And that's very interesting because what you're going to find out in the Fabians in Warhamsters and I's series is that's exactly what they did. They set up adult education summer camps to propagandize people. And then they basically sponsored people that they wanted to program into these summer camps. It's weird.

38:27 having just read the Fabian Freeway and reading this book because they literally mirror each other. They also were going to set up cooperating school programs in 20 school systems. They're going to develop a college program for people majoring in education to take economic courses. They also were going to set up high school community projects.

38:57 Their first one was in Whittier, California, to conduct a six-weeks program for high school seniors to understand exactly how the economy was supposed to work by a bunch of socialists. The Committee for Economic Development claimed that their education was in economics and that it was dedicated to free enterprise.

39:29 ideas didn't actually seem very republic focused. Paul Hoffman, CED had come a long way since 1942. In 1957, their community research centers had projects in progress at 33 institutions. I'm going to name a few of them. He names a lot. Boston University.

40:01 Boston College, Brown University, Dartmouth, Harvard, McGill, Northeastern, Northwestern, Occidental, Rutgers, Southern Methodist University, Tulane, University of Alabama, Arkansas, Iowa, Maine, Michigan, Minnesota, North Carolina, Oklahoma, Pennsylvania, Washington, Wisconsin, lots of them.

40:35 In 57, the following institutions of higher learning were participating in a joint council on economic education college program. Among them were Brigham Young, Peabody College for Teachers, because we want to get them at the source, Indiana University, bastards, Ohio State, Oklahoma A&M, Pennsylvania State, Purdue, Syracuse, Teachers College of Columbia.

41:09 University of Colorado, Connecticut, Illinois, Iowa, Minnesota, Southern California, Tennessee, Texas, and Washington. They also had 20 school systems that were working on their lower education curriculum. Among them was Akron, Ohio, Chattanooga, Tennessee, Dayton, Ohio, Hartford, Connecticut.

41:39 Lexington, Alabama, Minnesota, Minneapolis, New York City, of course, can't forget them. Portland, Oregon, can't forget those either. Providence, Rhode Island, because that's where all the socialists live. Syracuse, Whittier, we already mentioned them. Among the people that were involved in this, this is very interesting. The people that were supervising this propaganda.

42:12 Machine. James Allen, senior partner of Booz Allen and Hamilton, the CIA organization. Jarvis Babb, Lever Brothers. Sarah Blanding, Vassar College. Let's see. Oh, James Brownlee, chairman of the board of Minute Maid Corporation, who was also involved in American Sugar Refinery, Bank of Manhattan, Gillette Razor.

42:43 Pillsbury, American Express, and Macy. He was on the board of everything. The president of Colgate University, Everett Needham, president of Harvard and ambassador to Germany, where fascism comes from, James Conant, John Connor from Merck, the drug people, John Dickey, president of Dartmouth, John Fox, the president of Minute Maid.

43:15 the president of Pillsbury, the president of Neiman Marcus, the president of United Airlines, the chairman of the board of Abraham and Strauss. Oh, and there's IBM, Thomas Watson Jr. Gotta have them. Note that many of those people we've talked about previously are CFR members. They also had a news story in the Dallas Morning News.

43:53 that was printed on June 30th, 1953. Dallas businessmen and Southern Methodist University officials Monday launched a $25,000 business research project financed by the Ford Foundation. Stanley Marcus of Dallas, Neiman and Marcus guy, a national trustee of the Ford Foundation, said the project would go on for three or four years under the funding of the Ford Foundation.

44:23 After that, the city might foot the bill. The Southern Methodist University project, along with several others like it throughout the country, is designed to foster study in regional and local business problems. Here's how the Dallas project will work. A business executive committee composed of some of Dallas' top businessmen will be selected. These men will then select a group of younger executives for a business executive research committee.

44:54 This will be a working group, Marcus explained. At SMU, several of the school's chief officials will act as a senior faculty committee, acting as coordinators for the project. Will be Warren A. Law, who soon will get his doctorate in economics from Harvard. This experimental stage of this.

45:18 executive research committee project lasted five years in Dallas. During that time, the researchers filled two major reports, one that was in 1955 concerning traffic and transit and one in 56 strongly urging metropolitan governments for Dallas County to create a metro system like the one in Toronto, Canada.

45:47 In October of 58, Dr. Donald David, who was chairman of the Committee for Economic Development and vice president of the Ford Foundation and a member of the CFR, he's got it all covered, went to Dallas to speak to the Citizens Council. Dr. David told the businessmen that they should give greater support and leadership to the government's foreign aid program. And he urged them to get.

46:17 actively involved in supporting the foreign aid program. That was the signal in the buildup. The next month, November 58, the Experimental Business Research Committee, which the CED had formed, was to convert the Dallas Research Group into the Dallas CED Associates. The news reported it this way.

46:45 A Dallas Committee for Economic Development, the first of its kind in the nation, was founded at Southern Methodist University. It will give voice to Southwest opinions and knowledge on economic matters of international importance. Keystone will be an economic research center established soon at SMU. A steering group composed of Dallas and Southwestern business, industrial, and educational leaders laid the groundwork for this this weekend.

47:13 At a meeting at SMU, this steering group included George McGee and Neil Mallon. McGee was currently the Assistant Secretary of State for Policy Planning and a member of the CFR. Neil Mallon then was Chairman of the Board of Dresser Industries and a former official of the Foreign Policy Association founded by the Dallas Council on World Affairs.

47:42 Dresser is one of the big corporations that contribute money to the CFR. In the group with McGee and Mallon were five SMU officials, a Dallas banker, a real estate man, and Stanley Marcus, head of the steering group. The final literary product of the Dallas Associates of the CED first came to the author's attention in an expansive 14-page printed booklet.

48:11 titled The Role of Private Enterprise in the Economic Development of Underdeveloped Nations. So what was passed off as a local program was a brainwashing experiment to get your toe in the door of local, regional, urban planning, and then transition to an international body to support.

48:41 and promote our taxpayer dollars going to foreign countries. Don't let them in your local area because that's the undermining or the underpinning of all of their initiatives. They get the toe in the door and then they switch up on you and you're doing something completely different.

49:04 So that's the end of that chapter. That's all we have time for. So we've got about 10 minutes for questions and answers. Anybody wants to talk? I don't know what happened to Bridget. Thank you, Colonel. And thank everyone for attending here on Rumble In On Spaces. In one fell swoop, they take out the economic sector. They take out the education center.

49:34 They're talking about teaching education in schools and high schools, and yet you don't get that at all. You get propaganda. Nobody teaches a student how to balance a checkbook. Yeah. It's a brainwashing thing. Absolutely. And then they spend tax money on whether or not we can reduce taxes. Well.

50:05 It's never going to be reduced taxes. That's just the toe in the door again. Because the very thing that said you can lower it also allows you to increase it. And you know that they're never going to decrease it. They're only going to increase it. It's a bait and switch every single time. Don't fall for it. All right. What you got for me today all along? Hello, Colonel. Can you hear me? Yeah.

50:48 Colonel, utterly predictable gripe number seven here. Just relating to the whole, you know, calling these folks socialists, you know, for me, it's very problematic. And you already know what I'm going to say here, but I got to say it anyway. It's, you know, these are, they're Keynesians, they're military Keynesian, they're CIA, they're rich fucks.

51:17 And pardon my French, but, you know, it's not one can say, oh, well, I'm just jealous because I'm not rich or except perhaps in verbosity. But nevertheless, you know, it's it's just it irks me to no end that, you know, you have these folks being called socialists when, in fact, they're doing the exact opposite of what literal socialists are supposed to be.

51:45 empowering the working class. You have these Columbia University Teachers College, of which I'm sadly, very sadly familiar. Let's leave that one right there. And basically getting these teachers to just roll over dead for elites and completely brainwashing the working class of all CIA history. And mercilessly, I have to go right now. I'm sorry, but...

52:14 Well, let me just say this all along. I'm calling them socialists because they call themselves socialists. And they readily admit that socialism is a transition to under the guise of using workers to communism and Marxism. So socialism is a stop. It's just like the toe in the door thing.

52:40 If I can talk you into supporting the workers under the socialism banner, they admit right up front that all socialism, their version, leads to communism. That's the end destination. So you're absolutely right. I'm just using their words. SR, go ahead. Just to answer your previous question about Bertrand Fox, I did post some information about him in the pill.

53:13 And no matter where I searched, I couldn't find anything that says he was part of the Fabian Society. Okay, so this is not unusual. And I'm not saying Bertrand Fox is part of the Fabian Society. Here's how they do it. And you're going to learn that as we go through the Fabian Society. You're not going to find in the United States anything, basically, that says somebody's part of the Fabian Society.

53:42 You're not going to find it. They hide like a wolf in sheep's clothing. That's their whole mantra. So what you have to do is you have to look at the organizations that they're in and what's the nexus to the Fabians and what their agenda is.

54:07 and whether or not it matches up to the Fabian agenda. So the Fabians in the UK.

54:15 They're bold enough to actually have a Fabian society. We had one, but then they quickly realized that wasn't going to go over in America because everybody that looked up what the Fabians was, was going, get that shit out of here. So they hid the Fabian agenda in the Democrat party. And we're going to go through that evolution of how they did that. But you have to understand that you're not going to find, hey, I'm a Fabian in the United States.

54:42 You don't even hardly find it in the UK, except for at the very beginning. They, like a wolf in sheep's clothing, created the Labour Party. The Labour Party is 100% Fabians. But the Labour Party can go, I'm not a Fabian. I never joined the Fabian Society. But you're in the Labour Party that was created by the Fabians to do Fabian things.

55:10 But that's their whole schlick. That's what they do. The London School of Economics, nowhere on there does it say, hey, this is a Fabian institution. It's 100% a Fabian institution was created by the Fabian society. So they're experts at being wolves in sheep clothing. You just have to look at their agenda. Does that help?

55:41 Big time, Fertile, big time. And that's the problem that you run into when you're talking about the Fabians. They're very good at hiding until you know what their agenda is. And then you read things like what we just read, and it's clearly the Fabian agenda, but I didn't say the word Fabian anywhere, not in the text anyway. But it is a Fabian agenda. It is the slow rolling of...

56:10 socialism leading to communism, Marxism agenda, and you just line them up side by side. And yeah, if it looks like one and it acts like one, it is one. That's what we're going with here. All right, guys, I have to run. I've got like four minutes to run and refill my glass. So thanks for being here.

56:33 We are not going to have the four o'clock tomorrow. I am going to First Friday downtown in the Camaro and hanging out at the car show with my spouse and my daughter and my son-in-law and my grandbaby. And I'm very excited about that. But we will have the Warhamster show at noon. So please join us for that in the chat on Rumble. All right, guys, take care. Have a nice evening.

Entities here

Economic Development Corps21 Fabian Society16 CFR10 Dallas9 Commission on Money and Credit8 Edward M. House8 Philip Drew, Administrator8 Ford Foundation7 Dwight D. Eisenhower6 Paul Hoffman6 Woodrow Wilson6 Southern Methodist University6 John F. Kennedy5 Harvard University5 Joint Council on Economic Education5 Karahan5 Development Loan Fund4 Louis Blanc3 Bertrand Fox3 Urban Renewal3 H.R. Gross3 Columbia University3 Stanley Marcus3 Business Education Committee3 Minnesota3 John Pilchner3 Donald David3 Neiman Marcus3 Macy's2 Merrill Foundation2 Minute Maid2 Dresser Industries2 Fund for the Republic2 Will Clayton2 Iowa2 Charles Schumer2 Zellerbach2 Connecticut2 Manhattan2 Dartmouth College2

Claims made here

John F. Kennedy ordered_assassination_of Commission on Money and Credit host_asserted ▶ 0:38

“Committee for Economic Development. And this takes place in June 20th, 1961. The San Francisco Examiner published a UPI story with a June 19th, Washington DC date, quote, JFK backs tax cut plan, unquo…”

Economic Development Corps funded Commission on Money and Credit documented ▶ 1:07

“President Kennedy today urged Congress and the people to give a close study to a monetary reform proposal, which would empower him to cut income taxes in recession periods. He issued the statement aft…”

Ford Foundation funded Commission on Money and Credit documented ▶ 1:37

“financed by a $1.3 million grant from the Committee for Economic Development and the Ford and Merrill Foundations, both of those known to launder CIA money. One of the key recommendations was to give …”

Merrill Foundation funded Commission on Money and Credit documented ▶ 1:37

Donald David headed Economic Development Corps documented ▶ 6:04

“There's an exact committee in the UK that was staffed by the Fabians. Part of the commission, the CED, chairman was Donald David. Donald David was quoted as saying, the CED began nine years ago in 194…”

Bertrand Fox headed Commission on Money and Credit documented ▶ 7:09

“It was set up by an initial grant from the Ford Foundation. Oh, I see Miss Bridget. The director of research for the commission was Dr. Bertrand Fox, a professor at the Harvard Graduate School. His as…”

Eli Shapiro member_of Commission on Money and Credit documented ▶ 7:09

Charles Schumer member_of Commission on Money and Credit documented ▶ 8:45

“who wrote the author a letter saying, I am a member of the Commission of Money and Credit, but you will notice that I filed very strong objections to several of the recommendations. I do not agree wit…”

Edward M. House founded CFR host_asserted ▶ 10:11

“This scheme was first conceived and put into operation during Woodrow Wilson by Colonel Edward House, who we've documented is definitely a Fabian. House was part of the founding of the CFR for the pur…”

Edward M. House member_of Fabian Society host_asserted ▶ 10:11

Edward M. House founded Philip Drew, Administrator documented ▶ 11:34

“War Hamster because it's crazy. Now, Philip Drew, administrator, was basically published as a quote unquote novel. And originally, it was anonymous. But later, House actually admitted to writing it. S…”

Economic Development Corps front_for CFR host_asserted ▶ 17:01

“of major political parties. They are in the legislative proposals of the administration and power of its leaders in Congress. They are the objectives of the CFR. The Committee of Economic Development,…”

Paul Hoffman headed Studebaker Corporation documented ▶ 17:33

“Hoffman was a CFR member, formerly president of the Studebaker Corporation, formerly president of the Ford Foundation, and honorary chairman of the Fund for the Republic, has held many powerful jobs i…”

Paul Hoffman headed Ford Foundation documented ▶ 17:33

Paul Hoffman member_of CFR documented ▶ 17:33

Paul Hoffman headed Fund for the Republic documented ▶ 17:33

Paul Hoffman headed United Nations documented ▶ 17:33

Paul Hoffman founded Economic Development Corps documented ▶ 18:21

“Hoffman founded the Committee for Economic Development in 1942. The organization was incorporated that September with Paul Hoffman as chairman. Major offices of the Committee for Economic Development …”

William Bell member_of CFR documented ▶ 18:21

William Bell headed Encyclopedia Britannica documented ▶ 18:21

Zellerbach member_of CFR documented ▶ 18:21

Donald David member_of CFR documented ▶ 18:21

Will Clayton founded Anderson, Clayton & Company documented ▶ 19:26

“was the founder of Anderson, Clayton & Company in Houston. He was also the former Assistant Secretary of Commerce and Undersecretary of State under Roosevelt and Truman. He was Eisenhower's National S…”

Donald David headed Harvard University documented ▶ 21:23

“ambassador to Italy in 55 through 57, which is very interesting given the CIA activity in Italy at the time, president and director of Crown Zellerbach Corporation, chairman of the board and director …”

Zellerbach headed Crown Zellerbach Corporation documented ▶ 21:23

Elliot Bell member_of CFR documented ▶ 21:52

“Carnegie Institute, Merrill Foundation, and Board of Directors of Macy. He was also a director at GE, First National City Bank of New York, Aluminum Limited, and Ford Motor Company. Of the CED Board o…”

Philip Graham headed The Washington Post documented ▶ 23:17

“Former Law Secretary, Supreme Court Justices Stanley Reed and Felix Frankfurter, who we talked about yesterday, who was president and publisher of the Washington Post. Many of these are duplicates. Ph…”

Howard Peterson headed Economic Development Corps documented ▶ 23:51

“Moving on. In the annual report that had all these people's names in 57, the Committee for Economic Development boasted about their accomplishments. Howard Peterson, chairman of the CED Subcommittee o…”

Economic Development Corps funded Development Loan Fund host_asserted ▶ 23:51

Howard Peterson member_of CFR documented ▶ 23:51

Beardsley Rommel member_of CFR documented ▶ 30:16

“that no U.S. corporation wanted to invest in. But they're going to take your money from your pocket and give it to them because they're poor credit risk. In the 1957 annual report, they also boasted a…”

Stanley Marcus member_of CFR documented ▶ 30:16

Jarvis Bapp headed Lever Brothers Company documented ▶ 30:44

“the rich billionaire in Dallas, and Dr. Beardsley Rommel, R-U-M-L. He was known as the New Deal socialist economist. Mr. Jarvis Bapp, the chairman of the CED Area Development Committee and president o…”

Economic Development Corps founded Business Education Committee documented ▶ 35:14

“For the betterment of all, federal urban renewal since the CFR, CED started supporting it, had become a national movement. In the same 57 annual report, the Committee of Economic Development gave deta…”

Economic Development Corps founded Joint Council on Economic Education documented ▶ 35:46

“The two primary operations which the committee created was the College Community Research Centers and the Joint Council on Economic Education. From the 57 report, this is a quote. CED's efforts to pro…”

Ford Foundation funded Fund for Adult Education documented ▶ 37:16

“In its work, the committee, the Business Education Committee, is finding especially valuable the experience gained through these operations of research centers. These centers are financed partly by th…”

Economic Development Corps funded Fund for Adult Education documented ▶ 37:16

Economic Development Corps funded Joint Council on Economic Education host_asserted ▶ 37:40

“The Joint Council on Economic Education is making excellent progress in training teachers incorporating economic education at all grade levels, in addition to national service programs. The CED helped…”

James Brownlee member_of Chase Manhattan Bank documented ▶ 42:12

“Machine. James Allen, senior partner of Booz Allen and Hamilton, the CIA organization. Jarvis Babb, Lever Brothers. Sarah Blanding, Vassar College. Let's see. Oh, James Brownlee, chairman of the board…”

James Allen member_of Booz Allen Hamilton host_asserted ▶ 42:12

Jarvis Bapp member_of Lever Brothers Company documented ▶ 42:12

Sarah Blanding member_of Vassar College documented ▶ 42:12

James Brownlee headed Minute Maid documented ▶ 42:12

James Brownlee member_of American Sugar Refinery documented ▶ 42:12

John J. O'Connor member_of Merck & Co. documented ▶ 42:43

“Pillsbury, American Express, and Macy. He was on the board of everything. The president of Colgate University, Everett Needham, president of Harvard and ambassador to Germany, where fascism comes from…”

James Conant headed Harvard University documented ▶ 42:43

Everett Needham headed Columbia University documented ▶ 42:43

James Brownlee member_of American Express documented ▶ 42:43

John Fox headed Minute Maid documented ▶ 42:43

John Dick headed Dartmouth College documented ▶ 42:43

Stanley Marcus headed Neiman Marcus documented ▶ 43:53

“that was printed on June 30th, 1953. Dallas businessmen and Southern Methodist University officials Monday launched a $25,000 business research project financed by the Ford Foundation. Stanley Marcus …”

Stanley Marcus member_of Ford Foundation documented ▶ 43:53

Ford Foundation funded Southern Methodist University documented ▶ 43:53

Warren A. Law member_of Southern Methodist University documented ▶ 44:54

“This will be a working group, Marcus explained. At SMU, several of the school's chief officials will act as a senior faculty committee, acting as coordinators for the project. Will be Warren A. Law, w…”

Donald David headed Economic Development Corps documented ▶ 45:47

“In October of 58, Dr. Donald David, who was chairman of the Committee for Economic Development and vice president of the Ford Foundation and a member of the CFR, he's got it all covered, went to Dalla…”

Donald David member_of Ford Foundation documented ▶ 45:47

Economic Development Corps founded Dallas CED Associates documented ▶ 46:17

“actively involved in supporting the foreign aid program. That was the signal in the buildup. The next month, November 58, the Experimental Business Research Committee, which the CED had formed, was to…”

Neil Mallon member_of Foreign Policy Association documented ▶ 47:13

“At a meeting at SMU, this steering group included George McGee and Neil Mallon. McGee was currently the Assistant Secretary of State for Policy Planning and a member of the CFR. Neil Mallon then was C…”

World Affairs Council founded Foreign Policy Association documented ▶ 47:13

Neil Mallon headed Dresser Industries documented ▶ 47:13

Fabian Society founded Labour Party (UK) host_asserted ▶ 54:42

“You don't even hardly find it in the UK, except for at the very beginning. They, like a wolf in sheep's clothing, created the Labour Party. The Labour Party is 100% Fabians. But the Labour Party can g…”

Fabian Society founded London School of Economics host_asserted ▶ 55:10

“But that's their whole schlick. That's what they do. The London School of Economics, nowhere on there does it say, hey, this is a Fabian institution. It's 100% a Fabian institution was created by the …”