Monday, March 20, 2017

Crony Billionaire David Rockefeller Has Died; Age 101

David Rockefeller died this morning.

Although he once said  “American capitalism has brought more benefits to more people than any other system in any part of the world at any time in history.”

He also said that “The problem is to see that the system is run as efficiently and as honestly as it can be.”

"Efficiently and honestly" to him meant for his benefit.

Rockefeller graduated from Harvard in 1936 and received a doctorate in economics from the University of Chicago in 1940. He was named Chase Manhattan’s president in 1961 and chairman and chief executive officer eight years later. He retired in 1981 at 65.

Always the crony in cahoots with the government, he favored government assistance to economies abroad. He also spurred the project that led to the government constructed World Trade Center.

He was estimated to have met more than 200 rulers in more than 100 countries.

In 2015, Forbes magazine estimated his fortune at $3 billion.

He founded the Trilateral Commission and was a driving force at the Council on Foreign Relations and the Bilderberg Group.

 In his book, Memoirs, though not holding Austrian school views, he did mention Austrian school economics and his relationships with F.A. Hayek and Joseph Schumpeter,

Also  see:

Jimmy Carter on the Overbearing David Rockefeller

Hillary Clinton's Orders to Rig an Award for David Rockefeller 

Lessons on Crony Networking From David Rockefeller 


(Source: The Guardian)


  1. Based on Wikileaks cables, Rockefeller also helped find shelter for the fleeing Shah of Iran. Kind of an odd story. Kissinger must have helped plan this coup, but he also schemed with Rockefeller to get the Shah somewhere safe.

  2. This all reminds me of the February 1980 issue of "Libertarian Review" and a great article by the late and great Roy Childs which is available online.

    Included is this great cartoon of THE SHAH:

    We’ve passed this way before.

  3. The theme of the imposition of Western statism, Keynesianism and socialism upon the third world and the predicted horrors that followed used to be a major theme in Libertarian (and even National Review) writings back in the 70s. That has mostly disappeared. Roy Childs wrote this on page 32 of his Iran article”

    “This indeed is the continuing contradiction which lies behind so much of the "modernization" or "Westernization" which is taking place in the Third World, one with which Western development economists have never come adequately to grips. There are in fact always two routes to progress: the path of free, spontaneous development, of free men and women engaging in voluntary exchanges, producing economic growth through their own voluntary saving and investment, changing their own social mores through their own growing understanding; and the path of state coercion, violence, and planning, which imposes a preconceived notion of progress on men and women at the point of a gun. The Pahlavi dynasty has always followed the second route, backed by Western governments anxious to use Iran's oil resources for their own benefit.”

    Things are actually worse today. Despite the left’s endless whining about racism, today the US completely flattens countries as opposed to just inflicting a nasty dictator upon them. Back then, the left got upset about that sort of thing. Today, the left is completely silent.

  4. I'm sure he went straight to Hell without passing Go or collecting $200.

    1. Since I’m old and retched and live in the past, soon after I posted the stuff about the 1980 edition of Libertarian Review, I posted some gratuitous hate on Facebook about David Rockefeller burning in Hell and then immediately turned on my “over-the-air” HD TV. One of those strange channels was showing “Laugh-In” from 1973 and a skit called “News from Hell” with their correspondent, The Devil.

      The Devil said that Stalin was hosting a meet and greet for new arrival Ho Chi Minh who was overheard saying that while he had planned to go south he hadn’t planned on going this far south.