“The Council on Foreign Relations, another member of the international complex, financed by the Rockefeller and Carnegie Foundations, overwhelmingly propagandizes the globalist concept. This organization became virtually an agency of the government when World War II broke out. The Rockefeller Foundation had started and financed certain studies known as the War and Peace Studies, manned largely by associates of the Council; the State Department, in due course, took these studies over, retaining the major personnel which the Council on Foreign Relations had supplied.” ~ Rene A. Wormser Chief Counsel to the Reece Committee, which investigated the power and influence of Tax-Exempt Foundations during the 1950s – Foundations: Their Power and Influence (1958)
Foundations: Their Power and Influence (1958)
This is a searching analysis of some of America’s most powerful tax-exempt foundations, their actions as opposed to their stated purposes, the interlocking groups of men who run them, and their influence on the country at large. The author, as counsel to the Reece Committee, which investigated foundations for the last Republican Congress, gained a unique insight into the inner workings of the various Rockefeller, Carnegie, and Ford-created giants. He also witnessed the intense and powerful opposition to any investigation of these multi-billion-dollar public trusts. The Reece investigation was virtually hamstrung from the start to its early demise, which was aided and abetted by the leading newspaper of the country.
“It is difficult for the public to understand,” writes Mr. Wormser, “that some of the great foundations which have done so much for us in some fields have acted tragically against the public interest in others, but the facts are there for the unprejudiced to recognize.” “The power of the individual foundation giant is enormous. When there is like-mindedness among a group of these giants, which apparently is due to the existence of a closely-knit group of professional administrators in the social science field, the power is magnified hugely. When such foundations do good, they justify the tax-exempt status which the people grant them. When they do harm, it can be immense harm – there is virtually no counter-force to oppose them.”
Book: Foundations: Their Power and Influence (1958)
(GRTV) Author, researcher, and Global Research associate Andrew Gavin Marshall joins us to discuss the American robber barons of the 19th century and how they used tax-free foundations as a vehicle for transforming their vast fortunes into political and social control.