Is
the Pope Catholic?
Of
course they’re liberal, overwhelmingly liberal, progressive, left-wing, or
however they might be labeled these days. The Top 1%, those who were aptly
identified by Occupy Wall Street, used to be called the “Eastern Seaboard
Liberal Establishment.” President Dwight D. Eisenhower lifted the curtain
slightly in his farewell address to the nation when he referred to the liberal
establishment as the “military-industrial complex.”
Who
are the top 1% richest individuals and corporations in America? A glimpse at
the biggest, the richest, and the most powerful actors in a number of areas
reveals the wealth and power of the liberal/left establishment and they’re
getting richer and more powerful as they concentrate more wealth and power into
their own hands. The top multi-national corporations are run by and are largely
owned by liberals while the mid-sized and smaller corporations have an increasing
representation of conservatives as the scale goes smaller.
This is also the
pattern when it comes to American foundations, academia, the media, cultural
institutions, insurance, real-estate, inherited wealth, and certainly non-profits.
The
biggest banks and investment firms are liberal and so are big oil, big pharma,
and the medical establishment. The biggest player in the American oil business
has always been the Rockefeller family going back to John D. Rockefeller, the
founder of Standard Oil. The Rockefellers are the quintessence of American
liberalism as they have spearheaded such liberal causes as “progressive”
education, eugenics, and internationalism. The Rockefeller institute founded
Planned Parenthood which more openly focused on eugenics and population control
before World War II and also the research of Alfred Kinsey. The Rockefellers
have long sought to take over the Republican Party by driving out the
conservatives. Other liberal families with oil interests include Armand Hammer
of Occidental Petroleum and the Gore and Kennedy families.
Even
a cursory examination of the boards of directors, the top employees, and the
largest share-holders of the biggest American corporations reads like a Who’s
Who of the Liberal establishment. The 3 biggest foundations, Ford, Rockefeller,
and Carnegie, are liberal as is the Tides Foundation and most of the other big
players. The top academic institutions in America are unquestionably dominated
by liberals. The biggest TV and print media outlets are liberal as is the
booming internet industry. The Forbes Magazine list of the 100 richest
Americans is made up of about 75% liberals.
What
are some of the tell-tale signs that the top 1% is left-liberal? The orientation of the
biggest corporations is a free trade agenda that allows them to operate in a
world without borders and without national loyalty, ideas that they view as
outdated. The biggest corporations overwhelmingly support liberal causes, big
government regulation and laws to cut out competition, and high taxes that they
don’t pay, due to their international position, but serve to cull the
investment capital of potential competitors. Franklin D. Roosevelt protected
the interests of the biggest American corporations, referred to by the
short-hand term “Wall Street” when he included in the establishment of the
Federal Trade Commission laws that would prevent the formation of local and
regional stock exchanges. This created a virtual investment monopoly for the
liberal biggest corporations trading on Wall Street. A more recent example of
liberal legislation is the Dodd-Frank reforms which enshrine bailouts for the
liberal banks that are “too big to fail” while regulating the smaller and generally
more conservative banks.
There
certainly are a few members of the top 1% that are conservative and we all know
their names since they stand out like a sore thumb. The most famous example is
the Koch Brothers who have financed libertarian initiatives that would limit
the size of government and allow for more capital formation in the hands of the
smaller players where conservatives can be found. Koch industries employs tens
of thousands of Americans and David Koch has donated almost a billion dollars
of his own money to charities. Because they are the exception to the rule, the
Koch’s have been called out by the perhaps well-meaning but utterly clueless
Occupy Wall Streeters.
This
article will be the first of a series by this author as I delve into this issue
with more names and facts. I hope others join in the research and debate as I
believe that this is where the bodies are buried, so to speak, in terms of what
is going on in our great nation today.
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