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Study of the Hegemony of Parasitism - michaeljgoodnight.com

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up $300,000 to pay for <strong>the</strong> writing <strong>of</strong> King's Memoirs. In<br />

his final years, King, still on <strong>the</strong> take, was exposed as a<br />

principal in <strong>the</strong> $30 million Beauharnais Power Co.<br />

swindle during <strong>the</strong> building <strong>of</strong> <strong>the</strong> St. Lawrence Seaway.<br />

King had accepted $700,000 from Beauharnais for <strong>the</strong><br />

Liberal Party, and among o<strong>the</strong>r enticements had<br />

received a trip to Bermuda.<br />

The Rockefellers figured in many pro-Soviet deals during<br />

<strong>the</strong> 1920s. Because <strong>of</strong> <strong>the</strong> struggle for power which<br />

developed between Stalin and Trotsky, <strong>the</strong> Rockefellers<br />

intervened in October, 1926, and backed Stalin, ousting<br />

Trotsky. Years later, <strong>the</strong>y would again intervene when<br />

<strong>the</strong> Kremlin was racked by disagreements; David<br />

Rockefeller summarily fired Kruschev.<br />

John D. Rockefeller instructed his press agent, Ivy Lee in<br />

1925 to promote Communism in <strong>the</strong> U.S. and to<br />

sparkplug a public relations drive which culminated in<br />

1933 with <strong>the</strong> U.S. government recognition <strong>of</strong> Soviet<br />

Russia. In 1927 Standard Oil <strong>of</strong> New Jersey built a<br />

refinery in Russia, after having been promised 50% <strong>of</strong><br />

<strong>the</strong> Caucasus oil production. The Rockefeller firm,<br />

Vacuum Oil, signed an agreement with <strong>the</strong> Soviet<br />

Naptha Syndicate to sell Russian oil in Europe, and<br />

made a $75 million loan to Russia. John Moody had<br />

stated in 1911:<br />

"<strong>the</strong> Standard Oil Co. was really a bank <strong>of</strong> <strong>the</strong> most gigantic character -- a<br />

bank within an industry ... lending vast sums <strong>of</strong> money to needy borrowers<br />

just as o<strong>the</strong>r great banks were doing ... <strong>the</strong> <strong>com</strong>pany was known as <strong>the</strong>

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