1913
May 14, 1913 – John D. Rockefeller Sr. and son “Junior”, and their primary business advisor, Frederick Taylor Gates, establish the Rockefeller Foundation on May 14, 1913, when its charter was granted by New York. John D. Rockefeller was the richest man in the world at the time and the first person to publicly accumulate over one billion dollars. His wealth, adjusted for inflation, has been estimated at between $340-$670 billion.[ix] Rockefeller uses a trick called “philanthropy”, whereby the illegal gains from his crony-capitalistic practices in the oil business are used to support the Rockefeller Foundation. This tax haven was used to strategically take over the health care sector in the U.S. Donations from the Rockefeller Foundation went only to allopathic (drug-focused medicine) medical schools and hospitals. These institutions had become missionaries of a new breed of companies: the manufacturers of patented, synthetic drugs. The foundation would, ultimately, use government regulation to ensure that only allopathic medicine would be taught through government licensure of medical schools. Ultimately, only allopathic AMA doctors would be allowed to prescribe and be reimbursed by insurance, Medicare and Medicaid.[x]
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