The passage below is from Donald Gibson's excellent book, Battling Wall Street: The Kennedy Presidency. It details JFK's economic policies, and the furious opposition of Wall Street, Finance magazine, David Rockefeller, and other potentates of the plutocracy.
Specifically, JFK’s battle, via tax policy, to steer investment from short-term speculation to productive industry -- a battle resumed somewhat diffidently by Clinton -- and his foreign policy promoting indigenous economic development in the Third World as a bulwark against the expansion of Communism, versus the exploitative “shock doctrine” of the Chicago School that eventually triumphed in the stirrups of the IMF and World Bank. This war has been going on for a long time, with the Reagan/Bush imperialist oligarchs mostly victorious over the last 3 decades, but in another episode of blowback, it seems the Chicago cattle prod has short circuited from overuse and finally zapped the Yankee bully wielding it.
Every fear Quigley expressed has come to pass...
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