| |
Time
For Ford Foundation & CFR To Divest?
by bob feldman
8 October 2002
Like MIT and Harvard University, the Ford Foundation and the
Council on Foreign Relations [CFR] also may invest in Big Oil
stock, U.S. war machine stock, and in the stock of U.S. corporations
that do business under the Sharon regime in Israel/Palestine.
One way to more effectively resist the U.S. Establishment's militaristic
foreign policy might be to seriously demand that MIT, Harvard,
the Ford Foundation and the Council on Foreign Relations divest
themselves of their Big Oil, war machine and Israeli-linked corporate
stockholdings.
Some of the investment income which the multi-billion dollar
Ford Foundation may gain from its investment in Big Oil, war machine
stock and Israeli-linked corporations is used to pay excessively
high salaries to Ford Foundation executives. Trilateral Commission
and Council on Foreign Relations member Susan Berresford, for
instance, was paid an annual salary of $615,934 (plus an additional
$114,095 in benefits) in 2001 by the "non-profit" Ford Foundation
for serving as the Ford Foundation President. The chief investment
officer of the Ford Foundation (who also moonlights as the Ms.Foundation
for Women board member responsible for managing that "non-profit"
group's investment portfolio), Linda Strump, was paid an even
greater annual salary in 2001 of $890,217 by the "non-profit"
Ford Foundation.
Some of the Ford Foundation's investment income is also used
to fund the alternative media work of groups that generally exclude
9/11 conspiracy journalists and researchers from their radio and
tv shows, such as FAIR and DEMOCRACY NOW/Deep Dish TV/Pacifica.
And an even greater portion of the Ford Foundation's investment
income is used to help fund the Council on Foreign Relations [CFR]
Inc. which has played an especially influential role in developing
the U.S. Establishment's militaristic foreign policy--in addition
to (like the Ford Foundation) receiving dividends from a stock
portfolio which may contain Big Oil, war machine and Israeli-linked
stock. As Thomas Dye noted in a book that was published during
the Bush I Administration, entitled WHO'S RUNNING AMERICA? THE
BUSH ERA:
The most influential policy-planning group in foreign affairs
is the Council on Foreign Relations [CFR]...The CFR by-laws limit
membership to 1,900 individuals who are proposed by existing members...The
CFR's list of former members includes every person of influence
in foreign affairs...CFR meetings are secret...A discussion of
the CFR would be incomplete without some reference to its multinational
arm, the Trilateral Commission...The Trilateral Commission was
established by CFR Board Chairman David Rockefeller in 1972, with
the backing of the Council and the Rockefeller Foundation.
THE CIA AND THE CULT OF INTELLIGENCE by Victor Marchetti and
John Marks also made the following reference to the Council on
Foreign Relations:
It was no accident that former Clandestine Services Chief
Richard Bissell...was talking to a Council on Foreign Relations
discussion group in 1968 when he made his 'confidential' speech
on covert action. For the influential but private Council, composed
of several hundred of the country's top political, military, business
and academic leaders, has long been the CIA's principal 'constituency'
in the American public. When the agency has needed prominent citizens
to front for its proprietary companies or for other special assistance,
it has often turned to Council members.
Former Ford Foundation executive and CIA official Bissell apparently
told the Council on Foreign Relations discussion group the following
in 1968:
If the agency is to be effective, it will have to make use
of private institutions on an expanding scale, though those relations
which have been 'blown' cannot be resurrected. We need to operate
under deeper cover, with increased attention to the use of 'cut-outs'
(i.e., intermediaries). CIA's interface with the rest of the world
needs to be better protected. If various groups hadn't been aware
of the source of their funding, the damage subsequent to disclosure
might have been far less than occurred. The CIA interface with
various private groups, including business and student groups,
must be remedied. (quote contained in THE PIED PIPER: ALLARD K.
LOWENSTEIN AND THE LIBERAL DREAM by Richard Cummings)
Seventeen years before he moved into the Ford Foundation presidential
office, the now-deceased former Ford Foundation President, McGeorge
Bundy, also worked with the Council on Foreign Relations. As NATION
magazine contributing editor Kai Bird recalled in his MacArthur
Foundation, LBJ Foundation and Rockefeller Foundation-subsidized
book THE COLOR OF TRUTH: MC GEORGE BUNDY AND WILLIAM BUNDY: BROTHERS
IN ARMS:
[In 1949,] Mac took on a project with the Council on Foreign
Relations in New York to study Marshall Plan aid to Europe...The
council's study group on aid to Europe included some of the
foreign policy establishment's leading figures. Working with
young Bundy on the project were Allen Dulles, David Lilienthal,
Dwight Eisenhower, Will Clayton, George Kennan, Richard M. Bissell
and Franklin A. Lindsay. Dulles, Bissell and Lindsay...would
shortly become high-ranking officials of the newly formed Central
Intelligence Agency...Their meetings were considered so sensitive
that the usual off-the-record transcript was not distributed
to council members. There was good reason for the secrecy. These
were probably the only private citizens privy to the highly
classified fact that there was a covert side to the Marshall
Plan. Specifically, the CIA was tapping into the $200 million
a year in local currency counterpart funds contributed by the
recipients of Marshall Plan aid. These unvouchered monies were
being used by the CIA to finance anti-communist electoral activities
in France and Italy and to support sympathetic journalists,
labor union leaders and politicians.
Both Bundy brothers were also good friends of Frank Wisner,
the legendary intelligence officer who ran these covert programs
in Western Europe. They socialized with Wisner and his...wife
Polly, often at dinner parties hosted by Joe Alsop...Phil and
Kay Graham of the WASHINGTON POST were also part of the same
social scenery. In short, the council's study group placed Mac
Bundy among a small group of like-minded men who fully understood
and endorsed the necessity for waging psychological warfare
against the Soviet Union.
The policy paper Mac wrote that summer, "Working Paper on the
Problem of Political Equilibrium," assumed that such covert
activities in Western Europe were worthy endeavors.
THE COLOR OF TRUTH book also contains the following additional
reference to the ties between former Ford Foundation President
Bundy, the CIA and the Council on Foreign Relations:
Bundy...thought it only natural that the historian William
L. Langer...had taken a leave from Harvard to organize the CIA's
Office of National Estimates [ONE]...Langer had gone to Washington
at the call of the CIA and promptly hired Mac's brother Bill as
one of his top aides. They were old friends and political allies...Mac
had published a review in THE REPORTER of a massive two volume
study of America's entry into World War II written by Langer and
S. Everett Gleason. Langer had finished the project while at the
CIA and Gleason was a high-ranking official in the National Security
Council. Bundy called it a "magnificent achievement...so thorough
that it will never be done again"...Funded by the Rockefeller
Foundation and the Council on Foreign Relations to the tune of
$139,000--an extraordinary sum in those years--and written with
privileged acces to classified documents, the Langer-Gleason volumes
were official history parading as independent scholarship...
According to a chapter entitled "How The Power Elite Make Foreign
Policy" that appeared in the 1970 book THE HIGHER CIRCLES by G.
William Domhoff, the Ford Foundation-subsidized Council on Foreign
Relations has historically operated in the following way:
...Political scientist Lester Milbrath notes that "The
council on Foreign Relations, while not financed by government,
works so closely with it that it is difficult to distinguish
Council actions stimulated by government from autonomous actions"...Aside
from membership dues, dividends from invested gifts and bequests,
and profits from the sale of FOREIGN AFFAIRS, the most important
sources of income are leading corporations and major foundations.
In 1957-58, for example, Chase Manhattan, Continental Can, Ford
Motor, Bankers Trust, Cities Service, Gulf, Otis Elevator, General
Motors Overseas Operations, Brown Brothers, Harriman, and International
General Electric were paying from $1,000 to $10,000 per year
for the corporation service, depending upon the size of the
company and its interest in international affairs...More generally,
in 1960-61, eighty-four large corporations and financial institutions
contributed 12% ($112,200) of CFR's total income. As to the
foundations, the major contributors over the years have been
the Rockefeller Foundation and the Carnegie Corporation, with
the Ford Foundation joining in with a large grant in the 1950's.
According to [newspaper columnist Joseph] Kraft, a $2.5 million
grant in the early 1950's from the Ford, Rockefeller, and Carnegie
foundations made the Council "the most important single
private agency conducting research in foreign affairs."
In 1960-61, foundation money accounted for 25% of CFR income.
All foundations which support the CFR are in turn directred
by men from Bechtel Construction, Chase Manhattan, Cummins Engine,
Corning Glass, Kimberly-Clark, Monsanto Chemical, and dozens
of other corporations. Further, to complete the circle, most
foundation directors are members of CFR. In the early 1960's,
Dan Smoot found that twelve of twenty Rockefeller Foundation
trustees, ten of fifteen Ford Foundation trustees, and ten of
fourteen Carnegie Corporation trustees were members of CFR.
Nor is this interlock of recent origin. In 1922, for example,
former Secretary of State Elihu Root, a corporation lawyer,
was honorary CFR president as well as president of the Carnegie
Corporation, while John W. Davis, the corporation lawyer who
ran for President on the Democratic ticket in 1924, was a trustee
of both the Carnegie Corporation and CFR...
Turning to the all-important question of government involvement,
the presence of CFR members in government has been attested
to by Kraft, Cater, Smoot, CFR histories and THE NEW YORK TIMES,
but the point is made most authoritatively by John J. McCloy,
Wall Street lawyer, former chairman of Chase Manhattan, trustee
of the Ford Foundation, director of CFR and a government appointee
in a variety of roles since the early 1940's: "Whenever
we needed a man," said McCloy in explaining the presence
of CFR members in the modern defense establishment that fought
World War II, "we thumbed through the roll of council members
and put through a call to New York."...
Despite the importance of speeches and publications, I think
the most important aspects of the CFR program are its special
discussion groups and study groups. These small groups of about
twenty-five bring together businessmen, government officials,
military men an d scholars for detailed discussions of specific
topics in the area of foreign affairs. Discussion groups explore
problems in a general way, trying to define issues and alternatives.
Such groups often lead to a study group as the next stage. Study
groups revolve around the work of a Council research fellow
(financed by Carnegie, Ford and Rockefeller) or a staff member...In
1957-58...the Council published six books which grew out of
study groups. Perhaps the most famous of these was written by
Henry Kissinger, a bright young McGeorge Bundy protege at Harvard
who was asked by the CFR to head a study group. His NUCLEAR
WEAPONS AND FOREIGN POLICY was "a best seller which has
been closely read in the highest Administration circles and
foreign offices abroad"...
It is within these discussion groups and study groups, where
privacy is the rule to encourage members to speak freely, that
members of the power elite study and plan as to how best to
attain American objectives in world affairs...It was supposedly
a special CFR briefing session in early 1947 that convinced
Undersecretary of State Robert Lovett of Brown Brothers, Harriman
that "it would be our principal task at State to awaken
the nation to the dangers of Communist aggression."
Despite the fact that the CFR is an organization most Americans
have never heard of, I think we have clearly established by
a variety of means that it is a key connection between the federal
government and the owners and managers of the country's largest
financial institutions and corporations. It is an organization
of the power elite...In my view, what knowledge we have of CFR
suggests that through it the power elite formulate general guidelines
for American foreign policy and provide the personnel to carry
out this policy...
From a $135,057,600 stock portfolio which may be invested in
Big Oil stock, U.S. war machine stock and Israeli-linked corporate
stock, the Council on Foreign Relations, itself, earned an investment
income of $2,905,350 between July 21, 2000 and June 30, 2001.
Some of this investment income of the "non-profit" Council on
Foreign Relations Inc. was then used to pay Council on Foreign
Relations President Leslie Gelb an annual salary of $258,686.
The Ford Foundation-subsidized Council on Foreign Relations
is one of the U.S. governing elite institutions responsible for
formulating the U.S. Establishment's militaristic foreign policy
and an institution that may profit from investments in Big Oil,
U.S. war machine and Israeli-linked corporate stock. So it might
be politically productive for the U.S. anti-war movement to seriously
start making stock divestment demands on both the Countil on Foreign
Relations and the Ford Foundation, as well as on MIT and Harvard
University.
questionsquestions.net
|
| |
|