Saturday, December 8, 2012

New Tax Frontier to Be Set by Conflicted PEU Guard?

The Peter G. Peterson Foundation established the Coalition for Fiscal and National Security.  Like Blackstone Founder Pete Peterson, this group has deep private equity underwriter (PEU) ties.  Building on work done by HuffPo, I offer the following PEU connections.

Secretary Madeleine Albright - Chair of Albright Capital Management LLC (PEU).  White Female, 75 years old

Samuel R. Berger - Albright Stonebridge - PEU advisor.  White Male, 67 years old

Secretary Harold Brown - retired partner from Warburg Pincus (PEU) and Board of Evergreen Oil, Phillip Morris and Altria Group.  White Male, 84 years old

Dr. Zbigniew Brzezinski - Global power player and fan of centralization, concentrated source of power with universal reach.  His son Ian is a player in the defense sector, with experience in Europe and the Ukraine.  Ian currently heads The Brzezinski Group, with major client Taci Oil, an Albanian firm.  Another son Mark serves as the U.S. Ambassador to Sweden.  White Male, 84 years old

Secretary James A. Baker - Monument Capital Advisory Board (PEU) and historical ties to Carlyle Group (PEU).   White Male, 82 years old

Secretary Frank Carlucci - Monument Capital Advisory Board (PEU) and former Carlyle Group CEO (PEU)  Founder of Frontier Group (PEU).  White Male, 82 years old

Secretary Robert M. Gates - Consults with PEU's as Principal with RiceHadleyGates LLC.  Serves on the Board of Starbucks, an international company.  White Male, 69 years old.  RiceHadleyGates LLC partnered with Khosla Ventures (PEU)

Secretary Henry Kissinger - Founded Kissinger Associates, which joined with McClarty Associates.  Kissinger McLarty partnered with PEUs like Blackstone..  Partner Thomas F. "Mac" McLarty is a Senior Advisor for The Carlyle Group.  McLarty Associates dropped the Kissinger name and currently serves global bastions Nike, GE and Walmart.  White Male, 89 years old,

Senator Sam Nunn - Board of GE, Hess Corporation and Coca Cola - all international firms.  White Male, 74 years old

Secretary Paul O’Neill - Consultant to Peterson's Blackstone Group (PEU).  Served on numerous corporate boards,  including TRW Automotive, Celanese, Nalco and Eastman Kodak.  Blacktone affiliates include TRW, Nalco and Celanese.  Wants tax code fixed to be worthy of America.  White Male, 77 years old

Secretary George P. Shultz - Strategic Advisor at Pegasus Capital Advisors and chairman of the J.P. Morgan Chase International Council.  White Male, 92 years old.

Representative Ike Skelton - Serves on the Board of defense contractor EADS North America  Shelton is a partner with Husch Blackwell, a law firm with PEU clients.  White Male, 81 years old

Chairman Paul Volcker - Former Fed Chief.  White Male, 85 years old

Senator John Warner - Managing Member Old Sailor LLC and Board member for drone maker Aurora Flight Sciences.  White Male, 85 years old

Admiral Michael G. Mullen - Chairman of Coalition for Fiscal and National Security.  Mullen said over two years ago the biggest threat to the U.S. was our national debt.  White Male, 66 years old

100% White, 93% Male, average Age 79.5 and 87% conflicted.  I expect the Pete Peterson's of the world to come out on top in any new tax schema. PEU's look after their own.  It's a Red and Blue PEU world.

Update 12-22-12:  WSJ reported how "small businesses" includes PEU's.