anyhow I've been promising you for a couple a days the story the true history
of the
Libertarian Party and we're sure this week
I think it's it's interesting that the New York Times other publications are
talking about
libertarian should be populism
they talk about Rand Paul in the talk about these libertarians and Ron Paul on
they no such thing populism is
up by and for the people right it's it's a politician is speaking about the folks
back in in 1950
there were hearings in the US congress literally in the year 1950
that exposed both milton friedman
and this organization called feet fede
the foundation for Economic Education which
is the the founding organization a very first libertarian think tank
milton friedman was a
business lobby shell he worked for whoever would paying the most money
and the
the the committee
was called buchanan committee because it was put together by
a the pro-labor democrat from pennsylvania Frank buchanan
and what they found was the back in 1946
the real estate lobby had a problem
and that was something call rent controls
did not like rent control so
they funded or actually they found this this lobbying
outfit the foundation for Economic Education
which was a itself it was a big business PR project I'm
I'm getting a lot of this by the way in occasionally words or phrases from our
games in his piece
I was most recently an alternate about the history Libertarian Party the
foundation for Economic Education
was put together by GM Chrysler for US Steel national steel republics killing
of all standard oil son of oil
DuPont Monsanto Khan and BF Goodrich
Eli Lilly Merrill Lynch General Electric and other fortune 500 companies
they put together the foundation
for economic education
the first libertarian think tank and they invented the word libertarianism
invented this
in 1946 right after the war was over
the
foundation for Economic Education
there it was that was headed up by a fellow by the name in a letter to read
it
who was an executive with the US Chamber of Commerce
and a fellow by the name donaldson Brown who was the a director the National
Association manufacturers
a lobby group and a board member dubon both depart and general motors
now consider this
also on the board of directors a fee at that time
was Robert Welch who if you're not of a certain age you may not recognize that
name
I do he's the guy who founded the John Birch Society
and
J Reuben Clark who was a it to
quote marquee names a frothing racist and anti-semite
and the most powerful figure in the Mormon Church at the time
they founded a name to law school at BYU after
and the president United Fruit you remember your eye for this is the
organization is Cesar Chavez back in the sixties was striking against try to
create the American Farm Workers Union
United Farm Workers Union other in a fruity present if
a you know now for your herb or no cornell
and as marquee names writes the purpose above the fee the fact the
the foundation for Economic Education and
libertarianism this new theology that they invented a whole cloth in 1946
the purpose was to supplement big business lobbying a
with a pseudo intellectual pseudo economic rationale
to backup their policy and legislative attacks on labor
government regulations so what this committee what this congressional
committee discovered when they investigated feet
the foundation for Economic Education and they investigated libertarian
movement it had not yet formed a political party
what they found was milton friedman was paid shill
working for them and that they just take it on his big contract for the
national Association Realtors
herbert Nelson by the way was the chief lobbyist executive vice president
National Association real state boards
he wrote and I quote and by the way you'll hear libertarians say this
proudly
quote I do not believe in democracy I think it stinks
I don't think anyone except direct taxpayer should be allowed to vote
I don't believe women should be allowed to vote at all ever since they started a
public affairs have been worse mess than ever
response or to vote now you may remember this is a sentiment that was served
fairly closely shared recently by a billionaire who is on fun
fall's campaign 2012
so is the libertarians haven't changed much over the years they've always just
been basically a fund for victims
you're listening to the Thom Hartmann program
call 866 987 Thol
as John Kenneth Galbraith said the modern conservatives engage in what a
man's all those exercises moral philosophy
that is the search for superior moral justification for selfishness