Lets travel back in time and see what Bernard Baruch had for an impact on the USA - he basically shaped US foreign policy as participation in 2 world wars the foundation of Israel which is closely connected. The confiscation of Gold and the cold war and the CFR are all his acconplishments. For almost 50 years he run America as he himself thinks that he was the most important man of those times. He is famous for being a big trader but after having studied his trading a bit I rather think he was part of the big manipulator gang of those times on behalf of Rothschild and friends as he had even a deeper inside than Goldman has today and knew many things before they became public. He was close friend with Wilson, Roosevelt and Churchill, even was managing their money - that is as much conflict of interest as it gets. Jewish Wallstreet and Democrates have always been very close and the Reps were even closer to the WHASP bankers whom we can consider as the basic competition since the Vatican has lost plenty of power in the last 200 years - the dominating force are the people who think they are the legacy of King David - even Baruch thought that he was an offspring. Under Baruchs influence also today's FED was founded by Wilson in 1913 and a parallel to today is that as Obama a nobody in politics became president - Wilson started his political career in 1910 - 2 years before getting elected with substantial help from Baruch.
During World War I he advised President Woodrow Wilson on national defense, during which time he became the chairman of the War Industries Board. (His stenographer was the then-unknown teenager Billy Rose). Baruch played a major role in turning American industry to full-scale war production. At the war's conclusion, he was seen with President Wilson at the Versailles Peace Conference. He never competed for elective office. He supported numerous Democratic congressmen with $1000 annual campaign donations, and became a popular figure on Capitol Hill. Every election season he would contribute from $100 to $1000 to numerous Democratic candidates.Baruch was instrumental in starting the Council on Foreign Relations along with the Rockefellers, Morgans, and Warburgs.
During World War II he was a consultant on economic issues and proposed a number of measures including:
- A pay-as-you-go tax (withholding) plan
- Rent ceilings
- Stockpiling of rubber and tin
- A synthetic rubber program to replace natural rubber; there was not enough of this strategic material.
Baruch argued that in modern warfare there was little use for free enterprise. He said Washington should control all aspects of the economy and that both business and unions should be subservient to the nation's security interest. Furthermore, price controls were essential to prevent inflation and to maximize military power per dollar. He wanted labor to be organized to facilitate optimum production. Baruch believed labor should be cajoled, coerced, and controlled as necessary: a central government agency would orchestrate the allocation of labor. He supported what was known as a "work or fight" bill. Baruch advocated the creation of a permanent superagency similar to his old Industries Board. His theory enhanced the role of civilian businessmen and industrialists in determining what was needed and who would produce it. Baruch's ideas were largely adopted, with James Byrnes appointed to carry them out. During the war Baruch remained a trusted advisor and confidant of President Roosevelt, and the President spent an entire month as a guest at Baruch's South Carolina estate, in 1944.
In 1946 he was appointed the United States representative to the United Nations Atomic Energy Commission (UNAEC) by President Harry S. Truman. As a member of the newly created UNAEC, Baruch suggested the elimination of nuclear weapons after implementation of a system of international controls, inspections, and punishment for violations.
On Friday, June 14, 1946, Baruch - widely seen by many scientists and some members of Truman's administration as unqualified for the task - presented his Baruch Plan, a modified version of the Acheson-Lilienthal plan, to the UNAEC, which proposed international control of then-new atomic energy.
The Soviet Union rejected Baruch's proposal as unfair given the fact that the U.S. already had nuclear weapons, instead proposing that the U.S. eliminate its nuclear weapons before a system of controls and inspections was implemented. A stalemate ensued.He made a $50,000 contribution to Woodrow Wilson's 1912 presidential campaign.