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Is Obama an Economic Hit Man?

Today I’m filling in for Sam who will be taking Kevin’s regularly scheduled stop.  Kevin had to drop off the schedule due to his work schedule.

I didn’t get to finish this clip last week, so I’ll play it again.



Making a big deal over Geithner not paying $34,000 in taxes or what ever it was, was a diversion.  Geithner worked for the Kissinger Associates Council on Foreign Relations, the International Monetary Fund, and then the Federal Reserve Bank of New York.  He could not have a more sinister background.

People really need to look at this Geithner’s worked history because you could not find a more vetted insider.

Why would Obama have picked such a piece of crud to be the Treasury Secretary?

Perhaps the answer lies in Obama’s own work history.  This is an excerpt from a news letter put out by William Blum who wrote Rogue a Guide to the World’s only Superpower.

The Anti-Empire Report
January 3rd, 2009 by William Blum
www.killinghope.org

The question that may never go away: Who really is Barack Obama?

In his autobiography, “Dreams From My Fathers”, Barack Obama writes of taking a job at some point after graduating from Columbia University in 1983. He describes his employer as “a consulting house to multinational corporations” in New York City, and his functions as a “research assistant” and “financial writer”.

The odd part of Obama’s story is that he doesn’t mention the name of his employer. However, a New York Times story of 2007 identifies the company as Business International Corporation.10 Equally odd is that the Times did not remind its readers that the newspaper itself had disclosed in 1977 that Business International had provided cover for four CIA employees in various countries between 1955 and 1960.11

The British journal, Lobster Magazine – which, despite its incongruous name, is a venerable international publication on intelligence matters – has reported that Business International was active in the 1980s promoting the candidacy of Washington-favored candidates in Australia and Fiji.12 In 1987, the CIA overthrew the Fiji government after but one month in office because of its policy of maintaining the island as a nuclear-free zone, meaning that American nuclear-powered or nuclear-weapons-carrying ships could not make port calls.13 After the Fiji coup, the candidate supported by Business International, who was much more amenable to Washington’s nuclear desires, was reinstated to power – R.S.K. Mara was Prime Minister or President of Fiji from 1970 to 2000, except for the one-month break in 1987.

In his book, not only doesn’t Obama mention his employer’s name; he fails to say when he worked there, or why he left the job. There may well be no significance to these omissions, but inasmuch as Business International has a long association with the world of intelligence, covert actions, and attempts to penetrate the radical left – including Students for a Democratic Society (SDS)14 – it’s valid to wonder if the inscrutable Mr. Obama is concealing something about his own association with this world.

Blum’s reference links give specific reference information, but do not link to the actual source material — so I tracked it down:

New York Times | Obama’s Account of New York Years Often Differs From What Others Say
By JANNY SCOTT
Published: October 30, 2007

Dan Armstrong, who worked with Mr. Obama at Business International Corporation in New York in 1984 and has deconstructed Mr. Obama’s account of the job on his blog, analyzethis.net, wrote: “All of Barack’s embellishment serves a larger narrative purpose: to retell the story of the Christ’s temptation. The young, idealistic, would-be community organizer gets a nice suit, joins a consulting house, starts hanging out with investment bankers, and barely escapes moving into the big mansion with the white folks.”

In an interview, Mr. Armstrong added: “There may be some truth to that. But in order to make it a good story, it required a bit of exaggeration.”

Mr. Armstrong’s description of the firm, and those of other co-workers, differs at least in emphasis from Mr. Obama’s. It was a small newsletter-publishing and research firm, with about 250 employees worldwide, that helped companies with foreign operations (they could be called multinationals) understand overseas markets, they said.

I had to pay $3.95 to get a copy of this article, but I verified it did say Business International had employees working for the CIA, along with just about every U.S. news organization.

New York Times | C.I.A. Established Many Links To Journalists in U.S. and Abroad; C.I.A.’s Numerous Links With Journalists Differed Widely in Degree and Value
December 27, 1977, Tuesday
Page 1, 6150 words

The organizations, which range from some of the most influential in the nation to some of the most obscure, include ABC and CBS News, Time Life and Newsweek magazines. The New York Times, The New York Herald Tribune, The Associated Press and United Press International.

Also included were the Scripps-Howard chain of newspapers. The Christian Science Monitor, The Wall Street Journal, The Louisvill Courier-Journal and Fodor’s a publisher of travel guides.

Among the lesser known organizations were the College Press Service, Business International, the McLendon Broadcasting Organization, Film Daily and a defunct underground newspaper published in Washington, The Quicksilver Times.

The Lobster article is another one you have to pay to get access to.  I have not purchased it yet, but here is a link to the summary, and the site where it can be purchased:

Lobster Issue 14: 1987

More Information




How the International Monetary Fund and the World Bank Undermine Democracy and Erode Human Rights:
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September 2001
Published by Global Exchange

Videos on the International Monetary Fund and World Bank

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3 comments to Is Obama an Economic Hit Man?

  • Barack Obama’s book, “The Audacity of Hope,” provides a catchy title. It has an idea of bravery mixed confidently. You’ll find nothing Pollyanna about that. I will not support everything he tells, but he’s our president, and then for me, he creates belief. That will do more for a nation than any amount of backroom deals. Hope gives us energy, and energy sustains us through trying times. Boy, we’ve had them. I’m from West Texas, and I did not vote for Bush. When McCain ran against Obama, I used to be a citizen of Arizona, but I gave audacious hope a chance. The fight for progress and laying the foundations of prosperity is not over. I’ve seen the quips of those that don’t believe Obama is capable of doing it. But step back a second. Would anyone have all of us fail in order to tarnish the star of an incumbent for whom they did not vote? Trying to keep our priorities straight, let’s work together with our president and build our future.

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