Thursday, September 18, 2008
Lady de Rothschild strikes again.
A few months ago I wrote about three of Hillary Clinton's financial backers. They seemed to feel entitled to control the decisions of U.S. voters, and I called for them to be ignored. At the time I also claimed that the three of them "meant well."
Pictured: Lynn Forester and husband Evelyn de Rothschild.
At the time of their marriage, Forbes Magazine noted: "Forester now heads the Luxembourg-based wireless broadband venture FirstMark Communications Europe. The startup launched in 1998 with great fanfare, raising $1 billion in funding and landing former Secretary of State Henry Kissinger and Washington consigliere Vernon Jordan as board members. But with losses piling up and a public offering pulled, investors are now disgruntled. Not to worry--there's no better backup plan than the Rothschild name."
Now we know better. You see, one of these three committed Democratic activists has just endorsed John McCain. Turns out she's not so comfortable with a Democrat in the White House if that Democrat is not also a personal friend who owes her numerous favors.
The donor in question is a certain Lynn Forester, also known as Lady de Rothschild. I cited this description of her from the Conde Nast Portfolio:
"When 67-year-old British banking scion Sir Evelyn Rothschild first set eyes on 44-year-old Lynn Forester at the 1998 Bilderburg conference—the matchmaker was none other than Henry Kissinger—she was already a woman of major means.
A corporate lawyer and telecommunications entrepreneur, the sparkly blond ex-wife of former New York politician Andrew Stein had made more than $100 million from the sale of cleverly acquired wireless broadband licenses. She was also sexy, charming, and dazzlingly well connected. Two years later, after the smitten Sir Evelyn divorced his second wife, Victoria Schott, the mother of his three children, Forester became the third Lady Rothschild. After marrying in November 2000 at a London synagogue, they honeymooned at the White House, guests of Lynn's good friends Bill and Hillary Clinton.
Today the New Jersey-born Lady de Rothschild—the flashiest hostess in London—is mates with Tony and Cherie Blair, among other topflight Britons. She's also mistress of the former John Singer Sargent home in Chelsea and of Ascott House, the 3,200-acre Rothschild family estate in Buckinghamshire, and the chief executive of E.L. Rothschild, the holding company that she owns with her third husband to manage investments in the Economist and various enterprises in India. Those include Fieldfresh, a startup that will grow and export Indian fruits and vegetables for markets in Europe and Asia, and a soon-to-be-announced retail venture aimed at the exploding Indian middle class."
The Conde Nast article gets much worse -- and much more revealing. Lady Forester de Rothschild also offered these tidbits:
"First of all, Hillary will be good for America. And so if we care about our country —which all of my fellow capitalists do —we'll be very pleased that she's president. And second of all, if we look at what is best for the economy, remember, she is a Clinton, and our economy under Clinton was strong, dynamic, productive, exciting. And the same kinds of people who advised Bill Clinton will be around Hillary Clinton. And she understands the importance of the business community, and it's not going to be about raising taxes or doing any one specific thing. It's going to be, What is in the best interest of all Americans? And I think if history is our guide, we've had stronger economies, more wealth creation, under Democratic presidents than we have under Republican presidents. So I don't understand why all my capitalist friends aren't Democrats...
They're all going to take whatever questions we have. She's going to listen; they're going to listen. She can't be there the whole day, but it's so quintessentially Hillary. Politics is so boring, where they ask for your money, you get a glass of cheap wine and a biscuit, and then when you say, "You know, I have an idea about health care or I have an idea about inheritance tax," nobody wants to listen to you, because what they really want is your money. Hillary is the opposite. Obviously there aren't enough hours in the day to listen to every idea, but she is listening, and she is responding."
Translation: She will let me and my rich friends steer her economic policies.
To be fair, I don't think Hillary Clinton was ever going to be as easy to control as Lady de Rothschild expected. The quote reveals very little about Clinton's plans, and a whole lot about the assumptions of her so-called friends.
By the way, how did Lynn Forester de Rothschild make her first few million? She acquired assets for free from the U.S. federal government, and then sold them at an enormous profit.
"I realized that frequencies were a limited resource and that there would be a big business at some time around that, and so I was the first person to apply in the United States for wireless-broadband licenses. And yeah, I sold them for a lot of money."
Forester de Rothschild sold her interest in that company a couple months before the economic crash of 2000, and left her investors holding the bag. Anybody who takes investment or political advice from this character seriously needs psychiatric care.
Watch closely next time you see John McCain or Sarah Palin out in public. Are they scratching? It just seems like they've been lying down with so many dogs lately, they've just got to have fleas by now.