Search found 22 matches: farben

Searched query: farben

by aedens
Tue Aug 11, 2015 9:33 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29813
Views: 14785678

Re: Financial topics

" It is always a much easier task to educate uneducated people than to re-educate the mis-educated."
Herbert M. Shelton, Getting Well
tags: education, ignorance, indoctrination, propaganda

As we noted not to long ago the balance of trade issues will announce itself.
I consider also energy margins facilitated node production plants in scale.
As we know you build three in three zones and one will be best practised to assert "values"
to correct local taxation issues. The dialectic since phase two of the "industrial revolution"
never changed adaptations of design since the Farben cartelization periods. As Hayek and Keynes knew
the point of legal status was the only contention.
To a limit of fact, the Consumer has one choice alone. Utility.

As we noted Energy companies investing in one another, they have no choice.
Read up on the history of the Standard Oil monopoly if you don’t understand.

As discussed: probable pattern recognition conditions trended
http://gdxforum.com/forum/viewtopic.php ... 367#p28367

previous context thread Sun Oct 26, 2014 8:12 am: Even if you provide accurate data you will be eaten by that tribe. Simply they are what we discussed as the proverbial fatal deceit as before. Hayek knew this as did Keynes since they only differed on the entry point to sort out needed cartels on what you may remember as the cluster nodes which keep these neo pagans today from eating each other.
"The rules of morality are not the conclusions of our reason." - David Hume
As Higg noted to me correctly, being Bagehot on some items which conveys the character of leaders was often more important
than their political affiliation.

Just a condition as the normalcy bias indicates we have been already reminded of.
Got to admit at times they got the aspect correct to those which the Gods wish to destroy they first anger.

"I have seen this people, and indeed it is a stiff-necked people!
Now therefore, let Me alone, that My wrath may burn hot against them and I may consume them.

Hegel remarked that all great world-historic facts and personages appear, so to speak, twice.
He forgot to add: the first time as tragedy, the second time as farce.
In particular, he developed the notion of the master–slave dialectic.

Not hard to see what drives motive today.
http://www.zerohedge.com/sites/default/ ... 11_oil.jpg
by aedens
Fri Feb 07, 2014 11:08 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29813
Views: 14785678

Re: Financial topics

G it is said a man deserves what is seen in the mirror at 50 and his brain at 60. Psalm 90 covers the rest for us......

If we have any bias at all, it's that we're pro-American.

As hired hands of Schroder banker Victor Emanuel, Crowley and Markham, who were also employees of the U.S. Government, attempted to deal with the question of these I.G. Farben interests in the United States and Mexico. On April 13, 1943 James Markham sent a letter to Secretary of State Cordell Hull objecting to the proposed Cyanamid deal on the grounds it was contrary to the Atlantic Charter and would interfere with the aim of establishing independent firms in Latin America. The Markham position was supported by Henry A. Wallace and Attorney General Francis Biddle.
The forces aligned against the Cyanamid deal were Sterling Drug, Inc. and Winthrop. Both Sterling and Winthrop stood to lose their drug market in Mexico if the Cyanamid deal went through. Also hostile to the Cyanamid deal of course was I.G. Farben's General Aniline and General Dyestuffs, dominated by Victor Emanuel, banker Sehroder's former associate.
On the other hand, the State Department and the Office of the Coordinator of Inter-American affairs — which happened to be Nelson Rockefeller's wartime baby — supported the proposed Cyanamid deal. The Rockefellers are, of course, also interested in the drug and chemical industries in Latin America. In brief, an American monopoly under influence of Rockefeller would have replaced a Nazi I.G. Farben monopoly.
I.G. Farben won this round in Washington, but more ominous questions are raised when we look at the bombing of Germany in wartime by the U.S.A.A.F. It has long been rumored, but never proven, that Farben received favored treatment — i.e., that it was not bombed. James Stewart Martin comments as follows on favored treatment received by I.G. Farben in the bombing of Germany:
Shortly after the armies reached the Rhine at Cologne, we were driving along the west bank within sight of the undamaged I.G. Farben plant at Leverkusen across the river. Without knowing anything about me or my business he (the jeep driver) began to give me a lecture about I.G. Farben and to point at the con. trast between the bombed-out city of Cologne and the trio of untouched plants on the fringe: the Ford works and the United Rayon works on the west bank, and the Farben works on the east bank..5
While this accusation is very much of an open question, requiring a great deal of skilled research into the U.S.A.A.F. bombing records, other aspects of favoritism for the Nazis are well recorded.
At the end of World War II, Wall Street moved into Germany through the Control Council to protect their old cartel friends and limit the extent to which the denazification fervor would damage old business relationships. General Lucius Clay, the deputy military governor for Germany, appointed businessmen who opposed denazification to positions of control over the denazification proceeds. William H. Draper of Dill. on, Read, the firm which financed the German cartels back in the 1920s, became General Clay's deputy.
Banker William Draper, as Brigadier General William Draper, put his control team together from businessmen who had represented American business in pre-war Germany. The General Motors representation in-eluded Louis Douglas, a former director of G.M., and Edward S. Zdunke, a pre-war head of General Motors in Antwerp, appointed to supervise the Engineering Section of the Control Council. Peter Hoglund, an expert on German auto industry, was given leave from General Motors. The personnel selection for the Council was undertaken by Colonel Graeme K. Howard — former G,M. representative in Germany and author of a book which "praises totalitarian practices [and] justifies German aggression .... "6
Treasury Secretary Morgenthau was deeply disturbed at the implications of this Wall Street monopoly of the fate of Nazi Germany and prepared a memorandum to present to President Roosevelt. The complete Morgenthau memorandum, dated May 29, 1945, reads as follows:
MEMORANDUM
May 29, 1945
Lieutenant-General Lucius D. Clay, as Deputy to General Eisenhower, actively runs the American element of the Control Council for Germany. General Clay's three principal advisers on the Control Council staff are.
1. Ambassador Robert D. Murphy, who is in charge of the Political Division.
2. Louis Douglas, whom General Clay describes as my personal adviser on economical, financial and governmental matters." Douglas resigned as Director of the Budget in 1934; and for the following eight years he attacked the government's fiscal policies. Since 1940, Douglas has been president of the Mutual Life Insurance Company, and since December 1944, he has been a director of the General Motors Corporation.
3. Brigadier-General William Draper, who is the director of the Economics Division of the Control Council. General Draper is a partner of the banking firm of Dillon, Read and Company,
Sunday's New York Times contained the announcement of key personnel who have been appointed by General Clay and General Draper to the Economic Division of the Control Council. The appointments include the following:
1. R.J. Wysor is to be in charge of the metallurgical matters. Wysor was president of the Republic Steel Corporation from 1937 until a recent date, and prior thereto, he was associated with the Bethlehem Steel, Jones and Laughlin Steel Corporation and the Republic Steel Corporation.
2. Edward X. Zdunke is to supervise the engineering section. Prior to the war, Mr. Zdunke was head of General Motors at Antwerp.
3. Philip Gaethke is to be in charge of mining operations. Gaethke was formerly connected with Anaconda Copper and was manager of its smelters and mines in Upper Silesia before the war.
4. Philip P. Clover is to be in charge of handling oil matters. He was formerly a representative of the Socony Vacuum Oil Company in Germany.
5. Peter Hoglund is to deal with industrial production problems. Hoglund is on leave from General Motors and is said to be an expert on German production.
6. Calvin B. Hoover is to be in charge of the Intelligence Group on the Control Council and is also to be a special advisor to General Draper. In a letter to the Editor of the New York Times on October 9, 1944, Hoover wrote as follows:
The publication of Secretary Morgenthau's plan for dealing with Germany has disturbed me deeply ... such a Carthaginian peace would leave a legacy of hate to poison international relations for generations to come... the void in the economy of Europe which would exist through the destruction of all German industry is something which is difficult to contemplate.
7. Laird Bell is to be Chief Counsel of the Economic Division. He is a well-known Chicago lawyer and in May 1944, was elected the president of the Chicago Daily News, after the death of Frank Knox.
One of the men who helped General Draper in the selection of personnel for the Economics Division was Colonel Graeme Howard, a vice-president of General Motors, who was in charge of their overseas business and who was a leading representative of General Motors in Germany prior to the war. Howard is the author of a book in which he praises totalitarian practices, justifies German aggression and the Munich policy of appeasement, and blames Roosevelt for precipitating the war.
So when we examine the Control Council for Germany under General Lucius D. Clay we find that the head of the finance division was Louis Douglas, director of the Morgan-controlled General Motors and president of Mutual Life Insurance. (Opel, the General Motors German subsidiary, had been Hitler's biggest tank producer.) The head of the Control Council's Economics Division was William Draper, a partner in the Dillon, Read firm that had so much to do with building Nazi Germany in the first place. All three men were, not surprisingly in the light of more recent findings, members of the Council on Foreign Relations.