Findings & Forecasts 10/17/2012

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Obama and the Tri­lat­eral Commission

Since Jimmy Carter in 1976, the Tri­lat­eral Com­mis­sion has exe­cuted a hege­mony over each Admin­is­tra­tion, using their power and influ­ence to fur­ther their own narrow, self-interested goals. The first Obama admin­is­tra­tion was no dif­ferent. As I wrote in Obama: Tri­lat­eral Com­mis­sion Endgame,

For anyone who doubts the Commission’s con­tin­uing influ­ence on Obama, con­sider that he has already appointed no less than eleven mem­bers of the Com­mis­sion to top-level and key posi­tions in his Administration.

According to offi­cial Tri­lat­eral Com­mis­sion mem­ber­ship lists, there are only 87 mem­bers from the United States (the other 337 mem­bers are from other regions). Thus, in less than two weeks since his inau­gu­ra­tion, Obama’s appoint­ments encom­pass more than 12% of Commission’s entire U.S. membership.

Is this a mere coin­ci­dence or is it a con­tin­u­a­tion of dom­i­nance over the Exec­u­tive Branch since 1976? (For impor­tant back­ground, read The Tri­lat­eral Com­mis­sion: Usurping Sov­er­eignty.)

  • Sec­re­tary of Trea­sury, Tim Gei­thner
  • Ambas­sador to the United Nations, Susan Rice
  • National Secu­rity Advisor, Gen. James L. Jones
  • Deputy National Secu­rity Advisor, Thomas Donilon
  • Chairman, Eco­nomic Recovery Com­mittee, Paul Volker
  • Director of National Intel­li­gence, Admiral Dennis C. Blair
  • Assis­tant Sec­re­tary of State, Asia & Pacific,  Kurt M. Campbell
  • Deputy Sec­re­tary of State, James Stein­berg
  • State Depart­ment, Spe­cial Envoy, Richard Haass
  • State Depart­ment, Spe­cial Envoy, Dennis Ross
  • State Depart­ment, Spe­cial Envoy, Richard Hol­brooke

There are many other inci­dental links to the Tri­lat­eral Com­mis­sion, for instance,

Sec­re­tary of State Hillary Clinton is mar­ried to Com­mis­sion member William Jef­ferson Clinton.

Gei­thner‘s informal group of advi­sers include E. Gerald Cor­rigan, Paul Volker, Alan Greenspan and Peter G. Peterson, among others. His first job after col­lege was with Henry Kissinger at Kissinger Associates.

Brent Scow­croft has been an unof­fi­cial adviser to Obama and was mentor to Defense Sec­re­tary Robert Gates.

Robert Zoelick is cur­rently pres­i­dent of the World Bank

Lau­rence Sum­mers, White House Eco­nomic Adviser, was men­tored by former Trea­sury Sec­re­tary Robert Rubin during the Clinton administration.

There are many other such links, but these are enough for you to get the idea of what’s going on here.

Ana­lyze the positions

Notice that five of the Tri­lat­eral appointees involve the State Depart­ment, where for­eign policy is cre­ated and imple­mented. Hillary Clinton is cer­tainly in line with these poli­cies because her hus­band, Bill Clinton, is also a member.

What is more impor­tant than eco­nomic recovery? Paul Volker is the answer.

What is more impor­tant than national intel­li­gence? Gen. James Jones, Thomas Donilon and Adm. Dennis Blair hold the top three positions.

What is more impor­tant than the Trea­sury and the saving of our finan­cial system? Tim­othy Gei­thner says he has the answers.

The State Depart­ment is vir­tu­ally dom­i­nated by Tri­lat­erals: Kurt Camp­bell, James Stein­berg, Richard Haass, Dennis Ross and Richard Hol­brooke.

This leaves Susan Rice, Ambas­sador to the United Nations. The U.N. is the chosen instru­ment for ulti­mate global gov­er­nance. Rice will help to sub­vert the U.S. into the U.N. umbrella of vassal states.

As the First Obama term draws to a close, it is worth noting that our for­eign policy is in total sham­bles, national intel­li­gence appears to be worse than it was prior to 9/11 and the economy is still depressed. Yet, these areas were the ones tar­geted for Tri­lat­eral hege­mony, for “experts” who osten­sibly know more than anyone else. In Europe, these people would be prop­erly labeled as “technocrats.”

In a recent video inter­view with Sheila Bair, former head of the FDIC (Fed­eral Deposit Insur­ance Cor­po­ra­tion), she was point­edly asked “Why do you think he (Obama) chose (Trea­sury) Sec­re­tary Gei­thner?” Bair answered, “I assume this was a rec­om­men­da­tion of former Sec­re­tary Rubin who had been actively involved in the cam­paign. Most of his nom­i­nees were drawn from the Rubin Trea­sury department.”

Robert Rubin, a promi­nent member of the Tri­lat­eral Com­mis­sion, served as Sec­re­tary of the Trea­sury for 8 years under the Clinton/Gore Administration.

A person can hammer all he wants on the Obama char­acter and record, but his energy would be wasted. Obama is a puppet on a string, an empty suit, a teleprompter junkie reading speeches he could not and did not write. How­ever, locating the puppet-masters is not dif­fi­cult: They have been in plain sight all along.

Repub­li­cans take note: If you think that a vote for Romney will be a vote against Tri­lat­eral Com­mis­sion hege­mony, you are wrong. They are already sur­rounding him just as they sur­rounded Obama. A Romney pres­i­dency will only extend the Tri­lat­eral con­tinuum for another four years, and allow them more time to create/complete their “New Inter­na­tional Eco­nomic Order” that they have been pushing since 1973.

The Battle for GMO Foods: CA Prop 37

Cal­i­fornia cit­i­zens are waging a lop-sided war against genet­i­cally mod­i­fied food by asking for food labels that list GMO com­po­nents and per­cent­ages. I haven’t talked to any person who doesn’t want to know which foods con­tain GMO elements.

The global GMO industry thinks oth­er­wise, and the finan­cial war chest is swelling with money from donors such as Mon­santo ($7.1 mil­lion), Dupont ($4.9 mil­lion), BASF Plant Sci­ence ($2 mil­lion), Bayer Crop­science ($2 mil­lion), Dow Agro­sciences ($2 mil­lion), Pep­sico ($1.7 mil­lion),  Nestle USA ($1.1 mil­lion), Coca Cola ($1.1 mil­lion), Conagra Foods ($1 mil­lion) and Syn­genta Corp ($1 million).

These are the com­pa­nies who make GMO seeds (Mon­santo, Bayer, Dupont, BASF, Dow, Syn­genta) and those who use their prod­ucts (e.g., high-fructose corn syrup) by the mil­lions of tons per year (Pep­sico, Coca Cola, Nestle, etc.) High-fructose corn syrup is made from mostly GMO  corn, which rep­re­sents over 80 per­cent of the U.S. corn crop.

There are mul­tiple dan­gers and risks with GMO crops, including corn, that have led to con­sumer blow-back. Many coun­tries have out­right bans on growing GMO crops, such as France, Hun­gary and Japan.  It’s no wonder that the GMO industry is freaked out that people in Cal­i­fornia should have a choice to eat GMO or not because they would lose a ton of revenue.

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Market

In order for the very short-term bearish fore­cast to stand, the DJIA and related major indexes need to reverse lower imme­di­ately, oth­er­wise another modest leg up may be seen to com­plete wave 5 up. A pen­e­tra­tion of last Friday’s low (DJIA, 13,296) would be a good con­fir­ma­tion that the trend has really changed to the down­side. The next level of sig­nif­i­cant resis­tance is around 13,850.

The cur­rent and rel­a­tively weak rally has extended high enough to make the entire pat­tern since the 9/14 peak look like an a-b-c cor­rec­tion, but just “looking like” is not a con­fir­ma­tion by any means. Since this whole top­ping process has taken so many months already, a few more weeks of waiting will not seem long. One truism that we have already expe­ri­enced in recent years: The larger and longer the top­ping process, the steeper and more pun­ishing is the sub­se­quent decline.

If the DJIA and/or S&P 500 reach new highs but the NASDAQ 100 does not, it will be a sig­nif­i­cant non-confirmation. Plus, remember that there is already a standing Dow Theory non-confirmation between the DJIA and the DJ Trans­porta­tion Average.

The dollar has tem­porarily lost its bullish look and is likely headed for a another interim low as it tries to find a bottom. The euro is stretching higher in a mir­rored fashion to the dollar.

Both silver and gold have had sig­nif­i­cant drops and are cur­rently retracing some of those loses, albeit weakly. Silver is the weaker of the two, and there is little sup­port between here and the $26 shelf that has already been tested three times in the last 13 months.

Given the lousy busi­ness sen­ti­ment and increased angst over the elec­tion on November 6, all of these mar­kets could give mixed sig­nals prior to set­ting firm trends. The so-called “fiscal-cliff” will start to be felt on Jan­uary 1 unless Con­gress acts quickly. Rising taxes and low­ered fed­eral spending will take at least six months to be actu­ally real­ized, but people and busi­nesses will cur­tail spending and hiring in antic­i­pa­tion of the ulti­mate results. While we can prob­ably count on Con­gress doing some­thing, it is almost a fore­gone con­clu­sion that it will be the wrong thing.

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9 Responses to Findings & Forecasts 10/17/2012

  1. Dorothy October 17, 2012 at 8:43 pm #

    It is scary what Mon­santo is doing to plants, ani­mals and people. Please watch this video which will be off the internet after tonite. http://geneticroulettemovie.com/ It is long, but well worth it.

  2. Debbie October 18, 2012 at 4:07 am #

    It is a legal respon­si­bility of the Drug and Food admin­is­tra­tion to enforce the list­ings of GMO’s and every state should be pushing to enforce it. Most Amer­i­cans have no idea what it is and how dan­gerous this is. And I also believe that before run­ning for any office it should be made known your con­nec­tion to the Tri­lat­eral Commission.

  3. John Heasman October 18, 2012 at 5:00 am #

    Dear Patrick,

    Just a query. Why are you con­tin­uing to list Richard Hol­brooke, as though he was still a Spe­cial Envoy to the State Depart­ment, when he died almost two years ago on 13 Decebmer 2010? Oth­er­wise, great article.

    John (Aus­tralia)

  4. Dr. Sanford Aranoff October 18, 2012 at 5:41 am #

    Are any mem­bers of the Israeli gov­ern­ment mem­bers of the Tri­lat­eral Commission?

  5. Patrick Wood October 18, 2012 at 7:21 am #

    I was quoting from my 2009 article, how­ever, I will put a note to clarify.

  6. Patrick Wood October 18, 2012 at 7:23 am #

    This video is worth watching, and will stay up until Nov. 6.

  7. Patrick Wood October 18, 2012 at 7:23 am #

    Not sure, but you can examine the TC member list at http://www.trilateral.org.

  8. Kumar Raj October 18, 2012 at 8:57 am #

    The US is the full time Vasal for the New World Order (through Tri­lat­eral Com­mis­sion) since the time of Senior Bush as Pres­i­dent. All Pres­i­dents, both repub­lican and demo­crat, have been sub­servient to the TC and NWO, from the time of Carter. Obama has done great job for them. He expanded the global mon­e­tary and eco­nomic align­ments to G20 from G 7 and he helped polit­i­cally realise the Arab Spring agenda! So, without doubt, it is Obama for a second term!!!

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