January 09, 2008

Olin Foundation Evil

Posted by Lew Rockwell at January 9, 2008 09:01 AM

Tom, poor Mr. Olin. He was a brilliant entrepreneur and advocate of the free market and the gold standard, whose foundation was taken over by neocons and used for purposes he never would have approved.

Thinking of social class and Chris Matthews, I remembered one case of a poor boy actually becoming a member of the upper class, and that was John J. McCloy. One of Truman's establishment Wise Men, and an advocate of all that was evil in the New Deal and Cold War State, he served as chairman of the Olin Foundation towards the end of his life. There, his rants in favor of concentration camps for Japanese-Americans and atom bombing unresisting Japanese cities, were famous.


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