Difference between revisions of "Robert Roosa"

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|wikipedia=https://en.wikipedia.org/wiki/Robert_Roosa
 
|wikipedia=https://en.wikipedia.org/wiki/Robert_Roosa
 
|amazon=https://www.amazon.com/Books-robert-roosa/s?ie=UTF8&page=1&rh=n%3A283155%2Cp_27%3Arobert%20roosa
 
|amazon=https://www.amazon.com/Books-robert-roosa/s?ie=UTF8&page=1&rh=n%3A283155%2Cp_27%3Arobert%20roosa
|image=Robert Roosa.jpg
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|image=Robert Roosa.png
|description=US Bilderberg banker, CFR, G30
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|description=[[Brown Brothers Harriman]] banker ,director at the Council on Foreign Relations, [[Trilateral Commission]]. Attended 3 Bilderbergs as Chairman of the [[Brookings Institution]].
 
|nationality=US
 
|nationality=US
 
|birth_date=June 21, 1918
 
|birth_date=June 21, 1918
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|death_place=
 
|death_place=
 
|alma_mater=University of Michigan
 
|alma_mater=University of Michigan
|constitutes=economist, financier
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|constitutes=economist, financier,deep state operative
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|employment={{job
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|title=Brookings Institution/Chairman
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|start=1975
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|end=1986
 
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'''Robert Roosa''' was an American economist and banker. He was [[Treasury Undersecretary for Monetary Affairs]] during the Kennedy administration.  
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'''Robert Vincent Roosa''' was an American economist and banker. He was Treasury Undersecretary for Monetary Affairs during  the [[John F. Kennedy|Kennedy]] administration. He believed the [[U.S. dollar]] should be the  world's leading currency and reference point because the United States was the leading political and economic power.
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== Early years ==
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Born in [[Marquette, Michigan]], he studied at the [[University of Michigan]], receiving his A.B. in 1939.<ref name="nyt-obit">https://www.nytimes.com/1993/12/25/obituaries/robert-v-roosa-is-dead-at-75-served-as-us-treasury-official.html </ref>  He received a [[Rhodes Scholarship]] but due to the outbreak of war in Europe did not attend Oxford.<ref name="time2">http://www.time.com/time/magazine/article/0,9171,874238-2,00.html </ref> Instead, he remained at Michigan, taking  M.A. and Ph.D. degrees in 1940 and 1942 respectively.  Between 1939 and 1943, he taught economics at Michigan, [[Harvard]], and at the [[Massachusetts Institute of Technology]].
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During [[World War II]] he was in London as assistant to [[Charles P. Kindleberger]] in the [[Enemy Objectives Unit]], identifying potentially valuable enemy targets, while protecting targets owned by US corporations. This is fitting with his later partnership at [[Brown Brothers Harriman]], which was heavily involved in "trading with the enemy".
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== Postwar years ==
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From 1946 he worked at the [[Federal Reserve Bank of New York]], ultimately reaching the position of vice president in the bank's research department.<ref name="time2" /> He then joined the [[United States Department of the Treasury|Treasury]], under John F. Kennedy, as Undersecretary for Monetary Affairs,<ref name="time2" /> where he helped to address the [[balance of payments]] problem facing America at that time.<ref name="lem-jmd">http://watchingamerica.com/News/61788/robert-roosa-and-the-ups-and-downs-of-the-dollar/</ref> One of his solutions was the creation of bonds that would attract and allow foreign holders of dollars to turn them into long-term assets as an alternative to buying U.S. gold.<ref>http://findarticles.com/p/articles/mi_m4126/is_n11_v76/ai_9153142/pg_2/ </ref> Known as [[Roosa bonds]], they were bought with dollars, but denominated and repaid in [[Swiss franc]]s.<ref>[http://fofoa.blogspot.com/2010/04/gold-money-more-than-meets-eye.html "GOLD & MONEY: More Than Meets the Eye"] FOFOA financial blog (April 10, 2010). Retrieved May 20, 2011</ref> Roosa believed that the international monetary system should be based on a reference and that the reference should be the U.S. dollar.<ref name="lem-jmd" /> He continued under the administration of [[Lyndon B. Johnson]] until 1964.
  
==Opinions==
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Roosa joined the Wall Street firm of [[Brown Brothers Harriman]] as a partner, in 1965.  He was a director at the [[Council on Foreign Relations]] between 1966 and 1981, and a trustee of the [[Rockefeller Foundation]].<ref>[http://www.time.com/time/magazine/article/0,9171,878295,00.html "A Cry for Courage and Compassion"] ''Time''
Roosa believed the U.S. dollar should be the world's leading currency and reference point because the US was the leading political and economic power.  
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(June 1, 1970). Retrieved May 20, 2011</ref> He also became a member of the influential Washington-based financial advisory body, the [[Group of Thirty]] in 1979. He was also a member of the [[Trilateral Commission]].<ref>[http://www.time.com/time/magazine/article/0,9171,911910,00.html "Carter's Brain Trusts"] ''Time'' (December 20, 1976). Retrieved May 20, 2011</ref> From 1975 to 1986, he was chairman of the [[Brookings Institution]].<ref>https://web.archive.org/web/20070316000544/http://www.brook.edu/lib/officers.htm</ref> Roosa retired from Brown Brothers in 1991.  
 
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==References==
 
==References==
 
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Latest revision as of 03:06, 12 September 2024

Person.png Robert Roosa   AmazonRdf-entity.pngRdf-icon.png
(economist, financier, deep state operative)
Robert Roosa.png
BornJune 21, 1918
DiedDecember 23, 1993 (Age 75)
NationalityUS
Alma materUniversity of Michigan
Member ofBohemian Grove, Council on Foreign Relations/Historical Members, Group of Thirty, Trilateral Commission
Brown Brothers Harriman banker ,director at the Council on Foreign Relations, Trilateral Commission. Attended 3 Bilderbergs as Chairman of the Brookings Institution.

Robert Vincent Roosa was an American economist and banker. He was Treasury Undersecretary for Monetary Affairs during the Kennedy administration. He believed the U.S. dollar should be the world's leading currency and reference point because the United States was the leading political and economic power.

Early years

Born in Marquette, Michigan, he studied at the University of Michigan, receiving his A.B. in 1939.[1] He received a Rhodes Scholarship but due to the outbreak of war in Europe did not attend Oxford.[2] Instead, he remained at Michigan, taking M.A. and Ph.D. degrees in 1940 and 1942 respectively. Between 1939 and 1943, he taught economics at Michigan, Harvard, and at the Massachusetts Institute of Technology.

During World War II he was in London as assistant to Charles P. Kindleberger in the Enemy Objectives Unit, identifying potentially valuable enemy targets, while protecting targets owned by US corporations. This is fitting with his later partnership at Brown Brothers Harriman, which was heavily involved in "trading with the enemy".

Postwar years

From 1946 he worked at the Federal Reserve Bank of New York, ultimately reaching the position of vice president in the bank's research department.[2] He then joined the Treasury, under John F. Kennedy, as Undersecretary for Monetary Affairs,[2] where he helped to address the balance of payments problem facing America at that time.[3] One of his solutions was the creation of bonds that would attract and allow foreign holders of dollars to turn them into long-term assets as an alternative to buying U.S. gold.[4] Known as Roosa bonds, they were bought with dollars, but denominated and repaid in Swiss francs.[5] Roosa believed that the international monetary system should be based on a reference and that the reference should be the U.S. dollar.[3] He continued under the administration of Lyndon B. Johnson until 1964.

Roosa joined the Wall Street firm of Brown Brothers Harriman as a partner, in 1965. He was a director at the Council on Foreign Relations between 1966 and 1981, and a trustee of the Rockefeller Foundation.[6] He also became a member of the influential Washington-based financial advisory body, the Group of Thirty in 1979. He was also a member of the Trilateral Commission.[7] From 1975 to 1986, he was chairman of the Brookings Institution.[8] Roosa retired from Brown Brothers in 1991.

 

Events Participated in

EventStartEndLocation(s)Description
Bilderberg/19652 April 19654 April 1965Italy
Villa d'Este
The 14th Bilderberg meeting, held in Italy
Bilderberg/197525 April 197527 April 1975Turkey
Golden Dolphin Hotel
Cesme
The 24th Bilderberg Meeting, 98 guests
Bilderberg/197927 April 197929 April 1979Austria
Baden
Clubhotel Schloss Weikersdorf
27th Bilderberg, 95 guests, Austria
Bilderberg/198214 May 198216 May 1982Norway
Sandefjord
The 30th Bilderberg, held in Norway.
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References