The Brothers Rockefeller, inheritors of a colossal fortune, are using their massive wealth, power, and prestige to create what they call the "New World Order." Seen at right (from left to right) are David, Chairman of the Board of both the Council on Foreign Relations and the Chase Manhattan Bank; Winthrop [deceased 1973]; John D. III [deceased 1978] an advocate of people control; Nelson [deceased 1979], the "political" Rockefeller; and Laurance [deceased 2004]. After years of planning and campaigning, a brilliant coup d'etat has finally installed Nelson in the White House, without the risk of an election. About this period, however, the picture of the family's growing financial might becomes more murky. The Rockefellers began hiding their wealth from the public and the tax collector -in trusts and foundations. As reported in the Washington Post: For two generations, the great fortune passed down by John D. has been fractionated and made more complex by increasing layers of trusts and closely held companies, where no public reports are required, none volunteered, and all inquiries politely rebuffed.
The Rockefellers invented a scheme, used by the super rich today, whereby the more money you appear to give away, the richer and more powerful you become. Through the help of captive politicians, guided by some bright boys in the family law offices, legislation was written and passed which would protect the Rockefellers and other elite super-rich from the repressive taxation they have foisted on everyone else. The key to this system is giving up ownership but retaining control. For example, most people don't believe they really own something unless they retain title to it in their own name. The Rockefellers know this is a big mistake. Often it is better to have your assets owned by a trust or a foundation-which you control-than to have them in your own name.
For example, when Judge Kenesaw Mountain Landis ordered Standard Oil broken up back in 1911, sly old John D. simply created some new foundations and gave his stock to them. The net effect was the same as if you took your wallet out of your right-hand pocket and put it in the left. In this case, however, Rockefeller not only managed to avoid income taxes, but also escaped the probate, estate and inheritance taxes which have ravaged the wealth of those not in the know.
So three generations of Rockefellers have been - giving away millions of dollars - giving much of it to themselves. For example, if a Rockefeller gives a million dollars worth of stock in the Titanic Oil Corporation to the Dogood Foundation, which the family controls, he is not really out one million bucks. All he has done is transfer title of the securities to an alter ego. Of course, the foundation may then give away some of the money, or, more likely, donate some of the stock's future earnings to some allegedly worthwhile cause. But, as the few investigations by Congress into this devious field have shown, in the case of the Rockefellers such bequests somehow end up increasing the Rockefeller financial or political power.
The upshot is that, through the past six decades, the public has had no way 'even to estimate Rockefeller wealth, let alone accurately measure the family's power and influence. But we can make some logical extrapolations from the few facts that are available. We know that through the magic of compound interest (as they say down at your friendly savings and loan branch), one dollar invested at the modest rate of five % per annum will double in thirteen years. This means that if the Rockefellers were earning only five % per year (a return they would find laughable), that modest $1 billion fortune in 1916 would have grown to over billion today.