Wednesday, March 18, 2009

Geithner and Obama

It is fairly well known that Timothy Geithner's father, Peter Geithner, worked extensively with Barack Obama's mother, Stanley Ann Dunham, through their common projects in Asian microfinance under the auspices of the Ford Foundation from the 1970s into the 80s.

What might not be as well known is the ongoing role of the Ford Foundation, after its capture by left-establishment figures such as McGeorge Bundy in the 1960s, in influencing the direction and development of African-American political developments from that period to the present day. A 2007 article in the Journal of Urban History sheds significant light on those ties, and, coupled with other studies of Obama's meteoric ascent through the Chicago African-American community--without benefit of any clear consitutency there--strengthens Philo-Junius' contention that it is not President Obama who indeed oversees Tim Geithner and his associates, but the other way around.

It is therefore Philo-Junius' contention that Geithner will indeed weather the current storm over the piddling $170 million in AIG bonuses--the ongoing devaluation and debasement of the U.S. dollar is a hugely more significant undertaking, one which so far has passed without any mainstream media concern.

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