America's Road to Wealth

Chapter 351 California Consortium

for the East Coast and Southwest regions of the United States.

The West Coast of the United States is a backward region.

It really developed in the mid-to-late twentieth century. It was not until the beginning of this century that it became one of the new economic centers of the United States.

In the early part of the last century, this was considered the American wilderness.

Even Hollywood was initially pursued by East Coast film producers to escape Edison's patent pursuit.

It was deliberately rushed to a remote place to develop, and then it became a movie gathering place.

What developed earlier here in California was not Los Angeles, but San Francisco.

Compared with Los Angeles, San Francisco's climate, geographical conditions, etc. are even better.

West Coast local time, at two o'clock in the afternoon.

Abel's Boeing 747 Smith lands at San Francisco International Airport.

Not long after the roar of the engine turned off, Neil Bush and Abel got off the plane.

Abel's father-in-law came to San Francisco last month.

Upon his arrival, he was appointed executive director of Pacific Energy Company.

The responsible work direction is to communicate with the more than 21,000 workers of Pacific Energy Company.

In another capacity, he is the executive director of California Pacific Electric.

The task in this company, like Pacific Energy, is to communicate with workers.

The difference is that California Pacific Electric has more workers, about 26,500.

In addition, he also has the status of independent director of General Electric, Microsoft, and Google.

Executive directors and independent directors are generally members of a company's board of directors.

The difference between the two is that executive directors often hold senior positions in the company.

Independent directors, on the other hand, are generally not directly responsible for company affairs, and at most they only have a supervisory role.

In other words, independent directors are often an honorary position and a supervisory position.

The executive director is the person on the board of directors who truly has real power.

"Are you sure you really want to go on my date tonight?"

On the VIP lane leaving the airport.

Neil Bush confirmed to his son-in-law again.

Abel smiled and nodded:

"We've already agreed, haven't we? And I also really want to meet these so-called "worker aristocrats". You know, I will have to deal with them sooner or later."

"That's true." Neil Bush nodded.

As executive director of Pacific Energy, and Pacific Electric of California.

This evening Neil Bush met with the head of the San Francisco AFL-CIO.

A workers' union leader named Moss Coso.

This is also Neil Bush's main work here in recent times.

Moss Corso is a typical "guild aristocrat".

His grandfather, Cabuda Corso, was a famous labor union activist in California in the 1960s.

His father, Daliso Corso, is the current president of the California AFL-CIO.

Forty-one-year-old Moss Corso himself is the head of the AFL-CIO in the San Francisco area.

As for the AFL-CIO.

Its full name is the American Federation of Labor-Confederation of Industrial Trades.

It is the oldest guild organization in the United States and the largest guild organization, consisting of 68 guilds in different industries.

Its influence even exceeds that of the National Rifle Association.

The Rifle Association only has about 5 million members.

The AFL-CIO's figure is 13 million.

It can also be understood that the AFL-CIO is an enhanced version of the National Rifle Association.

The difference is that the AFL-CIO has its own special characteristics, and it is difficult for the rich and powerful to mix in, otherwise it would be too nonsense.

Unlike the NRA, the rich and powerful can easily get in and influence it.

But is the AFL-CIO fair? Are you really dedicated to the welfare of workers?

Perhaps this was indeed the case when it first came into being, when it still had progressive significance.

However, it has experienced more than 70 years of ups and downs.

It has long become a semi-bureaucratic monopoly that cannot be eliminated.

There is no fundamental difference from those interest groups that have been lobbying on Capitol Hill for many years.

Those guild leaders who have degenerated into bureaucracies have long since separated themselves from the general guild members themselves and become "worker aristocrats."

For them, the interests of ordinary workers are no longer the top priority.

The interests of the guild were ranked first.

And the "nobles" can also gain economic and political power from it.

The AFL-CIO, which has 68 joint unions, is one such entity.

Moss Corso and his family are part of the nobles who occupy the top of this existence.

Neil Bush came here to California not to do business and make money.

The real purpose of his coming here is to ascend.

His main task here naturally became the work of contacting such people.

This was the advice given to Neil Shrub by Abel's Smith think tank and their own think tank on the Shrub family's side.

Following this suggested route, someone had already successfully walked it more than thirty years ago.

The man's name was John Fitzgerald Kennedy.

He is the youngest commander-in-chief in the history of the United States, a man who is good at imagining things.

When he was young, he was mainly responsible for the family's internal business and cooperation with union organizations such as the AFL-CIO.

During his rise to power, organizations such as the AFL-CIO provided tremendous support.

After he took office, he himself gave back a lot to these organizations. It can be said that he is the most friendly general to the guild in the entire history of the United States.

With this successful example in front of him, Neil Bush can naturally follow this path.

He has been here for a month, and Neil Shrub's own abilities are not weak, and he has a high starting platform.

With his status as a director of so many super large groups, it was easy for him to hook up with these American labor aristocrats.

For example, Moss Corso became a good "friend" with him.

As soon as he returned from Texas, Moss Coso invited him to meet him for dinner.

As for Abel, he volunteered to go too. Neil knew that this was a good son-in-law trying to stand up for himself.

The workers’ aristocracy are not workers. They are also rich people. Or should we call them workers’ rich people?

Since he is a rich man, the richest man in the world is standing behind him. These workers and wealthy people will definitely be kinder to themselves.

The two sons-in-law and son-in-law were also there that night.

Met Moss Coso at a fancy restaurant in San Francisco.

It was different from the previous times Neil met Moss Coso.

During this meeting, Neil was surprised to see Moss's father, Daliso Corso, director of the California AFL-CIO, among them.

This made Neil subconsciously look at Abel who was smiling next to him.

He knew that Daliso Corso would appear, and it was most likely related to his good son-in-law.

"Hi! Good evening, my friend." Neil called to Moss enthusiastically.

Moss also stood up from his seat, walked outside with a smile, and came over to hug Neil.

"My friend, it's so good to see you again."

Behind Neil, Abel smiled slightly.

Behind Moss, his old father also had a friendly smile.

If there is a reporter or something at this time, they can take pictures of this scene. If Neil takes office in California in a few years, the photos will be released.

As long as there is a background to hold on and not be revoked, commit suicide in a car accident, or commit suicide with eight bullets in the back.

The reporter who filmed this scene will most likely have the opportunity to participate in the Pulitzer Prize selection.

What a classic scene, it vividly expresses the concept of "American governance".

After the two "good friends" hugged each other, the rest was naturally the real dinner.

Abel stepped forward, and Daliso Corso also came out from the seat.

After some pleasantries and introductions, everyone became "good friends" and then took their seats.

"The weather in San Francisco is so great. New York is terrible by comparison."

Abel looked at the father and son with a smile, "It's not even December yet. The temperature in New York is almost below zero, so you have to wear thick clothes when going out. But here... look, everyone is still wearing shirts, company commander There are no sleeves!”

"Hahaha~" Daliso Corso said with a smile: "Who can say otherwise? The Bay Area is good for this, it is a real paradise."

Daliso Corso is about sixty years old, wearing a suit and leather shoes. He looks like a big businessman and a rich man.

Such a wealthy man is the chief representative of California workers.

It can only be said that this is the characteristic of a capital country!

Both parties enjoyed this meal quite happily.

There was no talk about work or interests.

These things are not suitable for discussion at this time.

When you really need to use these things.

As long as the real interests are in place, the support of the Corso father and son will also be in place.

Now everyone is just deepening the connection and promoting the connections between the two parties.

It is necessary social interaction before cooperation.

About an hour later, Abel and Neil left the restaurant.

"What do you think?"

After getting into the car, he looked at the handsome son-in-law who got in.

Neil Bush asked with a smile.

"It's so tiring. I feel it's much more tiring than negotiating with Soros." Abel shrugged.

Neil Bush laughed.

Compared to many times, business negotiations can be straightforward.

Of course, contacts and exchanges about political affairs will appear to be much more hypocritical. Since you have to be hypocritical, of course it takes more brainpower.

You need to try to guess the other party's true intentions through expressions, movements, tone, and the content of your words.

This is of course much more tiring than business negotiations.

But isn’t this the charm of Masaki?

That's what Neil Bush felt anyway.

Abel's father-in-law said with a smile: "Leave such tiring things to me. Do the easy things."

Abel smiled and shook his head slightly, and then said seriously:

"The first step seems to have been successful. Let's see what you do in other areas next, Neil."

"Of course!" Neil Bush was very confident. "I have sufficient experience in dealing with energy workers! I am very confident in this aspect. As for other aspects, I need your help."

Most of the Bush family's business is in the energy sector, especially the petroleum industry.

This kind of industry also has a large number of industrial workers.

Neil had been in charge of this aspect of the family's work before, so he was quite experienced.

Pacific Energy and California Pacific Electric are both in the energy industry, but they are somewhat similar.

According to the advice given by the think tank, what Neil should do at the beginning is to try to deal with the industrial workers and energy workers here.

We must try our best to win their favor and let them cast their precious votes when Neal needs them.

Abel nodded slightly, "For us, Silicon Valley is not a big problem."

Abel has invested in so many IT, semiconductor, and Internet companies, in addition to eating their future growth.

He is also strengthening his influence in these areas.

"Workers" in these fields also have a large number of votes.

Their voices are still relatively loud and they can easily influence voters.

The Internet, coupled with the media, is the voice of modern industrial countries.

"But in order to ensure stability, I will contact California next." Abel said to Neil.

Neil nodded, knowing what "California" his son-in-law meant.

That obviously doesn't refer to the state of California specifically.

"California" in Abel's mouth.

It refers to a California consortium similar to the Texas consortium, which is mainly based in San Francisco and spreads its influence throughout California and even the West Coast!

The California Consortium is one of the top ten consortiums in the United States. It owns major commercial banks such as Bank of America, Bank of the West, and Security Pacific, as well as Wells Fargo and Crocker National in the San Francisco area. It is the rise of the United States after World War II. Emerging conglomerates.

This consortium includes Bank of America Group, San Francisco Group and Los Angeles Group.

The economic strength of these three groups increased dramatically with the rapid development of California's military industry during World War II.

In particular, the growth rate of financial capital is particularly alarming, forming a large consortium with Bank of America as its financial center.

As early as 1974, more than 20 years ago, this huge consortium already had assets of US$167.1 billion.

In terms of volume, it ranks third among the top ten financial groups in the United States.

It and the Texas consortium formed an emerging arms industry group and became a force that competed with the old consortiums in the Northeast.

Simply put, it is an enhanced version of the Texas Consortium with no financial flaws.

Together, the two sides represent more than 70% of the "workers" in the U.S. military-industrial complex.

The difference is that Texas, as the core of the South, still had some influence in political governance.

The Dixie guy was also very famous back then.

The California consortium was richer, but before modern times, the West Coast was a remote area of ​​the United States.

It is only now that its political influence is getting stronger and stronger. More than 20 years ago, the California consortium was a wealthy and industrial consortium, but had little influence in the country.

That is to say, there was too little say in this area at that time, so the stronger California consortium chose to cooperate with the Texas consortium.

Together we fight against the traditional East Coast, mainly those ancient consortiums in the Great Lakes region.

Herbert would support Neil's development here, probably partly for this reason.

Because the California consortium has always had a good relationship with Texas.

"So what are you going to do?"

Looking at his handsome son-in-law, Neil Bush could be said to be more and more satisfied with Abel.

Seriously, if it weren't for Abel.

Neil felt that he could really only be the economic steward of the bush in this life.

However, his talent in this area is obviously not as good as that of his brother Marvin.

The investment field that Marvin is responsible for is more profitable than the one he is responsible for all year round.

Moreover, it is impossible for the children of the bush to say that they do not want to be righteous.

It's just that the old father made such an arrangement.

And from a practical point of view, this arrangement is the most appropriate and beneficial approach for Neil himself and the family.

Forced by reality, Neil Bush had to obey this arrangement.

It was the appearance of Abel and the help brought by his combination with little Laura.

Only then did he escape this fate, and Neil had a deep understanding of this.

This made the old father-in-law simply ignore Abel's "wanton behavior" in certain aspects.

"I have a good relationship with Wells Fargo," Abel said. "I'm going to talk to John Stumpf."

After Abel’s showdown with Wall Street last year.

Smith Capital's main source of funds for doing things in the financial market has changed from the original big investment banks to Pacific Bank of Commerce, Wells Fargo and First Citibank.

Pacific Commercial Bank is Abel's own bank.

So in fact, Abel's only real sources of external funding are Wells Fargo and Citibank.

From last year to now, these two banks have each made at least hundreds of millions of dollars in profits from Abel.

Mainly interest and handling fees.

Especially with the NOK incident.

Wells Fargo made at least $134 million from Smith Capital in two months.

Whether it is from the perspective of profits or future money prospects.

Abel and Smith Capital are both super VIP customers of these two banks.

Ordinary bank tellers will have a very good attitude when facing large customers who come to make deposits.

It's actually the same if you switch to bank executives, but the threshold for having a good attitude needs to be higher.

For example, if you want the senior executives of the head offices of China's four major banks to have a good attitude, you probably need to have hundreds of billions of deposits.

But if you look at the branch president of a certain small city, a few hundred million in deposits can make the president treat you as his best friend.

By the same token, Abel can make money for these two banks.

John Stumpf, the chairman and CEO of Wells Fargo, certainly had a friendly attitude towards Abel.

Wells Fargo is one of the core members of the California consortium.

Abel's idea is simple, that is, to contact the California consortium through Wells Fargo.

See if we can cooperate with them to strengthen the relationship between Smith Capital and this consortium.

In comparison, Neil's affairs here are secondary.

After all, if Abel can have a good relationship with the California consortium.

It won't be difficult for them to help with Neil's matter.

On the other hand, if Abel has a bad relationship with the California consortium.

With the relationship between Neil and Abel, it would be impossible to get the California consortium to help.

"What about John Stumpf?" Neil nodded, "It's indeed a good channel. But if necessary, I have Jerry Brown's contact information. I also know a few people from the Wilson family."

How could Neil, who mainly stayed in Texas, have such connections?

In fact, these connections were mainly given to him by George and Herbert.

Herbert served as the whip of the Elephant Party for a period of time.

"Let me talk to John Stumpf first."

Abel said.

Neil nodded and stopped talking. In this regard, he also felt that it would be better for Abel to take the lead.

After all, it doesn't matter if it's the Brown family or the Wilson family.

They are actually one of the members of the California consortium.

If you can get help from the California consortium, it will be just as easy to get help from these two families.

The reverse is also true.

The father-in-law and son-in-law left the restaurant, but they lived in different places.

Neil Shrub lives here on property owned by the Shrub family, a villa in San Francisco.

Abel has a lot of mansions to live in here. New Starting Real Estate invests most in California in the United States.

Who said this would become the area with the fastest and most stable housing price growth in the United States in the next few years?

The father-in-law and son-in-law separated and went to rest.

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