https://www.corbettreport.com/bigoil/
In 1901, John D. established the Rockefeller Institute for Medical Research. The Institute recruited Simon Flexner, a pathology professor at the University of Pennsylvania, to serve as its director. His brother, Abraham, was an educator who was contracted by the Carnegie Foundation to write a report on the state of the American medical education system. His study, The Flexner Report, along with the hundreds of millions of dollars that the Rockefeller and Carnegie Foundations were to shower on medical research in the coming years, resulted in a sweeping overhaul of the American medical system. Naturopathic and homeopathic medicine, medical care focused on un-patentable, uncontrollable natural remedies and cures was now dismissed as quackery; only drug-based allopathic medicine requiring expensive medical procedures and lengthy hospital stays was to be taken seriously.
Narrator: The fortunes of Carnegie, Morgan and Rockefeller financed surgery, radiation and synthetic drugs. They were to become the economic foundations of the new medical economy.
G. Edward Griffin: The takeover of the medical industry was accomplished by the takeover of the medical schools. Well, the people that we’re talking about, Rockefeller and Carnegie, in particular, came to the picture and said, “We will put up money.” They offered tremendous amounts of money to the schools that would agree to cooperate with them. The donors said to the schools: ‘We’re giving you all this money, now would it be too much to ask if we could put some of our people on your Board of Directors to see that our money is being spent wisely?’ Almost overnight all of the major universities received large grants from these sources and also accepted one, two or three of these people that I mentioned on their Board of Directors and the schools literally were taken over by the financial interests that put up the money.
Now what happened as a result of that is the schools did receive an infusion of money, they were able to build new buildings, they were able to add expensive equipment to their laboratories, they were able to hire top-notch teachers, but at the same time as doing that they schewed the whole thing in the direction of pharmaceutical drugs. That was the efficiency in philanthropy.
The doctors from that point forward in history would be taught pharmaceutical drugs. All of the great teaching institutions in America were captured by the pharmaceutical interests in this fashion, and it’s amazing how little money it really took to do it.
SOURCE: The Money Takeover Of Medicine https://www.youtube.com/watch?t=139&v=mWB2lotgByI&feature=youtu.be
The oiligarchy birthed entire medical industries from their own research centers and then sold their own products from their own petrochemical companies as the “cure.” It was Frank Howard, a Standard Oil of New Jersey executive, who would go on to persuade Alfred Sloan and Charles Kettering to donate their fortunes to the cancer center that would then bear their name. As director of research at Sloan-Kettering, Howard appointed Cornelius Rhoads, a Rockefeller Institute pathologist, to develop his wartime research on mustard gas for the US Army into a new cancer therapy. Under Rhoads’ leadership, nearly the entire program and staff of the Chemical Warfare Service were reformed into the SKI drug development program, where they worked on converting mustard gas into chemotherapy. And once again, the Rockefeller’s own snake oil was being sold as a cancer cure-all.
The oiligarchs’ interest in the burgeoning pharmaceutical industry converged in companies like I.G. Farben, a drug and chemical cartel formed in Germany in the early 20th century. Royal Dutch’s Prince Bernhard served on an I.G. Farben subsidiary’s board in the 1930s and the cartel’s American operation, set up in cooperation with Standard Oil, included on its board Standard Oil president Walter Teagle as well as Paul Warburg of Kuhn, Loeb & Co., itself headed by Jacob Schiff of the Rothschild broker family. At its height, I.G. Farben was the largest chemical company in the world and the fourth largest industrial concern in the world, right behind Standard Oil of New Jersey.
The company was broken up after World War II, but like Standard Oil, its various pieces remained intact and today BASF, one of its chemical offshoots, remains the largest chemical company in the world, while Bayer and Sanofi, two of its pharmaceutical offshoots are among the largest pharmaceutical companies in the world.
Not content merely to monopolize the fields of education and medicine, the same oiligarchical interests banded together to take control of America’s finances. In 1910 John D. Rockefeller Jr.’s own father-in-law, Senator Nelson Aldrich, Frank Vanderlip of the National City Bank, and Paul Warburg, as well as various agents of J.P. Morgan, met in complete secrecy on Jekyll Island to hammer out the details of what would go on to become the Federal Reserve, America’s central bank. The Fed, established in 1913, would be run by hand-picked appointees of the oiligarchy and their banking associates, including, perhaps inevitably, Standard Oil president and American IG director Walter Teagle.
The Rockefeller family would go on to formally enter the banking field in the 1950s, when James Stillman Rockefeller, the grandson of John D.’s brother, was appointed director of National City Bank. Meanwhile John D.’s own grandson, David Rockefeller, would go on to take over Chase Manhattan Bank, the long-time banking partner of the Standard Oil empire.
In this move the Rockefellers’ story perfectly mirrored that of their fellow oiligarchs, the Rothschilds. Whereas the Rothschilds had supplemented their banking fortune with their oil interests, the Rockefellers supplemented their oil fortune with banking interests.
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