How the Money Power spawns Libertarians
“It was not just the money, but also their strategy: the spawning of myriad ‘independent’ Libertarian organizations. This is exactly the same strategy employed by their dialectical evil twin, Communism.”
“They are buying Libertarian adherents just like they bought Hitler’s Brownshirts – for beer and bratwursts.”
“Libertarianism and Austrianism co opt opposition to the current monetary system and deflect attention from the real opposition and the real solution.”
for Henry Makow
Hundreds of millions if not billions are poured into Libertarianism and Austrian Economics each year. The usual suspects are the paymasters. The money is used to ‘to litter the world with free-market think-tanks’. Their impact has been enormous.
As we saw in ‘Proof Libertarianism is an Illuminati Ploy‘, the Volker Fund was responsible for bringing Austrian Economics to the United States. It created the Libertarian/Austrian Economics movement out of nothing. It was not just the money, but also their strategy: the spawning of myriad ‘independent’ Libertarian organizations. This is the same strategy employed by their dialectical evil twin, Communism.
For example, the Volker Fund birthed the Institute of Humane Studies, National Book Foundation, Foundation for Economic Education and the Intercollegiate Studies institute.
These organizations themselves continued on this path. According to John Blundell, Atlas’ president (1987 to 1990) the mission is, “to litter the world with free-market think-tanks”. It claims to network 400 think tanks furthering Libertarian causes worldwide.
Atlas Foundation was created by Antony Fisher, who had already founded the previously mentioned Institute of Economic Affairs in London, but also the influential Fraser Institute, Manhattan Institute and the Pacific Research Institute.
Youth is not forgotten. There are the Students for Liberty, The Intercollegiate Studies Institute, Young Americans for Liberty etc. Helpful documents are on-line to help ambitious young students found their own independent Libertarian organizations on campus. The Atlas Foundation will typically give them $10,000 to start up.
Most of these organizations protect the privacy of their sponsors. This does not suggest broad base grassroots funding. They obtain about 40% from well endowed foundations, 30 percent from wealthy individuals, 20 percent from corporations and 10% others. Most are not too enthusiastic about Government funding. However, many of them are state sanctioned, tax exempt foundations.
As said, it is difficult to list many organizational budgets, but some data is available. Cato Institute’s income over 2008, for instance, was $24 million.
The Ludwig von Mises Institute owned $17,700,000 in assets in 2007. Including more than four million in US Treasuries, by the way.
Atlas had $2.8 million in assets in 2010, $4.5 in 2009. Fraser institute reported a $6 million income in 2003.
Competitive Enterprise Institute had revenues of $3.7 million in 2007. It paid its board members $208,935, $132,152 and $104,974 respectively. So it’s clearly not just ideological fervor that drives these people. They are buying adherents just like they bought Hitler’s Brownshirts — for beer and a bratwurst.
Corporations often sponsor Libertarian causes for more direct tactical reasons. Big Tobacco buys opposition against Government regulation of Tobacco, Big Oil buys opposition against the Anthropogenic Global Warming lobby.
They’re the usual suspects. Cato for instance, receives money from Wal-Mart, ExxonMobil, Microsoft, Time Warner and many others.
The following trust funds do the heavy lifting in Libertarian Financing. The Koch Brothers, first and foremost. Through their Charles G. Koch Charitable Foundation, Claude R. Lambe Charitable Foundation and Koch Family Foundations they have funneled about $250 million to Libertarian causes between 1998 and 2008, according to Forbes.
The Koch Brother really are the linch pin between the Volker Fund and the modern age. A hotbed of their agitation is George Mason University, with the Mercatus center hosting no less than 40 other libertarian organizations.
The Earhart Foundation, with total assets of $62 million in 2008 also comes to mind, as does the John Templeton Foundation, giving away $70 million per year, millions of which going to Libertarian causes.
But there are also the well known billionaires, like Peter Thiel giving Paul $900,000, but recently also $1.25 million for Libertarian Islands in international waters.
All in all hundreds of millions are poured into Libertarianism and Austrian Economics every year.
These activities manipulate the discourse and spread flawed ideology. This is a clear mind control operation in the best tradition of the Money Power.
These fronts suggest a ‘grassroots movement’ when they are instigated and funded by many extremely wealthy individuals and organizations.
Of course, the same case can be made about the Left, including the ultra left. Georges Soros comes to mind. It is the Cabalist dialectic.
“Essentially, two seemingly opposed forces advance the same goal: a world police state governed by an oligarchy of billionaire Satanists.” (The Satanic Core of Libertarianism)
Look behind the window display, and we see the smarmy Illuminati banker.
Libertarianism and Austrianism co opt opposition to the current monetary system and deflect attention from the real opposition and the real solution.
It deflects attention from the American populist , and the American Dream of true freedom from the oppression by the European Banking Houses. Americans went to war to end taxation in Gold and the destruction of their own paper based currencies.
That’s why the subversion of the Truth Movement by Austrian Economics as the program for monetary reform is so worrying.
Austrian Economics was willfully invented, or at any rate made important, to obscure the truth about money. It is there to lead the people awakening from the Fractional Reserve Banking hoax into a blind alley, by saying the problem will be solved by full reserve Gold Banking.
And that’s why all these billions that have been invested over the years in Libertarianism and Austrian Economics deliver such a wonderful return for the Money Power today.
–Note on The Daily Bell web site, an example of these popular “front” style groups —
The Daily Bell is founded by Anthony Wile.
“Anthony Wile was born in Bridgewater, Nova Scotia, Canada, in 1968. Wile graduated from Saint Mary’s University (SMU) with a degree in business in 1991. Wile worked in the Canadian investment industry with Scotia McLeod (Bank of Nova Scotia) and Nesbitt Burns (Bank of Montreal). In 1994 Anthony Wile was made a Fellow of the Canadian Securities Institute, which is a designation awarded to financial services professionals who attain advanced education and experience in the Canadian securities industry. Following his career in the mainstream Canadian securities industry, Wile co-founded a Bahamian-based offshore brokerage firm specializing in private asset management. The firm launched several funds, including a venture capital fund of which Wile was the manager. The firm was sold in 1999.”
The Daily Bell works from outside the USA, precluding Freedom of Information requests.
They have four ‘elves’ which claim 100 years of experience with Austrian Economics among them. Ie: they have four men at the height of their powers churning out Staff Reports every day.
Anthony Wile then goes on to found The Foundation for the Advancement of Free-Market Thinking.
Check here for where the money goes:
Does this sound like the kind of financing I am writing about?
Is The Daily Bell a well funded banker front? Do ducks quack?