Wall Street And The Rise Of Hitler By Anthony C. Sutton


With the plethora of information now available on the internet for those wishing to look, I think at this time for anyone who can read and possesses the power of reason, it is impossible to believe fairy tales purveyed in many circles that Adolf Hitler was a populist and man of the people. We are speaking of a man here who was put into power by Wall Street bankers. He was Time Magazine’s Man Of The Year and referred to by notorious satanist Aleister Crowley as his magic child. I have thrown together a few snips from Anthony Sutton’s block buster book Wall Street and the Rise of Hitler. The PDF files are taken from Voltairenet.org. This is an attempt to lay aside the bedtime stories concerning how Hitler lead the German people back from the abyss using the barter system. It is most certainly not true and even if it were he lead them back to the abyss with the slaughter of an estimated 30 million Germans.



Wall Street and the Rise of Hitler by Antony C. Sutton

The Delano family proudly traces its ancestors back to the Actii, a 600 B.C. Roman family. They are equally proud of Franklin Delano Roosevelt. Indeed, the Delanos claim that the Delano influence was the predominant factor in FDR’s life work and accounts for his extraordinary achievements. Be that as it may, there is no question that the Delano side of the family links FDR to many other rulers and other politicians. According to the Delano family history,12 “Franklin shared common ancestry with one third of his predecessors in the White House.” The Presidents linked to FDR on the Delano side are John Adams, James Madison, John Quincy Adams, William Henry Harrison, Zachary Taylor, Andrew Johnson, Ulysses S. Grant, Benjamin Harrison, and William Howard Taft. On the Roosevelt side of the family, FDR was related to Theodore Roosevelt and Martin Van Buren, who married Mary Aspinwall Roosevelt. The wife of George Washington, Martha Dandridge, was among FDR’s ancestors, and it is claimed by Daniel Delano that Winston Churchill and Franklin D. Roosevelt were “eighth cousins, once removed.”13 This almost makes the United States a nation ruled by a royal family, a mini monarchy.

The International Germanic Trust Company, founded in 1927, was prompted, according to its promoters, by a demand for American banking institutions in central Europe. Among the organizers of the trust as approved by the Banking Department of the State of New York were Franklin D. Roosevelt; Herman A. Metz, a director of I. G. Farben; James A. Beha, Superintendent of Insurance for the State of New York; and E. Roland Harriman of the international banking firm of W. A. Harriman & Co. The president of the associated International Germanic Company and chairman of the executive committee of the trust company was Harold G. Aron, who had had more than his share of law suits involving stock promotion. The main offices of the International Germanic Trust were on the ground floor of 26 Broadway, the Standard Oil Building in New York.

He said, “The time has come now to get the soldiers together.” “Yes,” I said, “I think so, too.” He said, “I went abroad to study the part that the veteran plays in the various set-ups of the governments that they have abroad. I went to Italy for 2 or 3 months and studied the position that the veterans of Italy occupy in the Fascist set-up of Government, and I discovered that they are the background of Mussolini. They keep them on the pay rolls in various ways and keep them contented and happy; and they are his real backbone, the force on which he may depend, in case of trouble, to sustain him. But that set-up would not suit us at all. The soldiers of America would not like that. I then went to Germany to see what Hitler was doing, and his whole strength lies in organizations of soldiers, too. But that would not do. I looked into the Russian business. I found that the use of the soldiers over there would never appeal to our men. Then I went to France, and I found just exactly the organization we are going to have. It is an organization of super soldiers.” He gave me the French name for it, but I do not recall what it is. I never could have pronounced it, anyhow. But I do know that it is a super organization of members of all the other soldiers’ organizations of France, composed of noncommissioned officers and officers. He told me that they had about 500,000 and that each one was a leader of 10 others, so that it gave them 5,000,000 votes. And he said, “Now, that is our idea here in America—to get up an organization of that kind.”2

He said: “I have been traveling around looking around. Now, about this super organization—would you be interested in heading it?” I said, “I am interested in it, but I do not know about heading it. I am very greatly interested in it, because you know. Jerry, my interest is, my one hobby is, maintaining a democracy. If you get these 500,000 soldiers advocating anything smelling of Fascism, I am going to get 500,000 more and lick the hell out of you, and we will have a real war right at home. You know that.” “Oh, no. We do not want that. We want to ease up on the President.” “Yes; and then you will put somebody in there you can run; is that the idea? The President will go around and christen babies and dedicate bridges, and kiss children. Mr. Roosevelt will never agree to that himself.” “Oh yes; he will. He will agree to that.”4

At this point it is interesting to recall the role of many of these same financiers and financial firms in the Bolshevik Revolution—a role, incidentally, that could not have been known to General Butler5—and the use of similar Red scare tactics in the 1922 United Americans organization. Grayson M-P. Murphy was, in the early 1930s, a director of several companies controlled by the J.P. Morgan interests, including the Guaranty Trust Company, prominent in the Bolshevik Revolution, the New York Trust Company, and Bethlehem Steel, and was on the board of Inspiration Copper Company, National Aviation Corporation, Intercontinental Rubber Co., and U.S. & Foreign Securities. John W. Davis, the speech writer for General Butler, was a partner in Davis, Polk, Wardwell, Gardner & Reed of 15 Broad Street. Both Polk and Wardwell of this prestigious law firm, as well as Grayson Murphy, had roles in the Bolshevik Revolution. Further, Davis was also a co-director with Murphy in the Morgan-controlled Guaranty Trust Co. and a co director with Presidential hopeful Al Smith in the Metropolitan Life Insurance Co., as well as director of the Mutual Life Insurance Co., the U.S. Rubber Co., and American Telephone and Telegraph, the controlling unit of the Bell System.

MR. FRENCH. [I saw] Gerald P. MacGuire in the offices of Grayson M.-P. Murphy & Co., the twelfth floor of 52 Broadway, shortly after 1 o’clock in the afternoon. He has a small private office there and I went into his office. I have here some direct quotes from him. As soon as I left his office I got to a typewriter and made a memorandum of everything that he told me. “We need a Fascist government in this country,” he insisted, “to save the Nation from the communists who want to tear it down and wreck all that we have built in America. The only men who have the, patriotism to do it are the soldiers and Smedley Butler is the ideal leader. He could organize a million men over night.” During the conversation he told me he had been in Italy and Germany during the summer of 1934 and the spring of 1934 and had made an intensive study of the background of the Nazi and Fascist movements and how the veterans had played a part in them. He said he had obtained enough information on the Fascist and Nazi movements and of the part played by the veterans, to properly set up one in this country.

He emphasized throughout his conversation with me that the whole thing was tremendously patriotic, that it was saving the Nation from communists,

He warmed up considerably after we got under way and he said, “We might go along with Roosevelt, and then do with him what Mussolini did with the King of Italy.” It fits in with what he told the general [Butler], that we would have a Secretary of General Affairs, and if Roosevelt played ball, swell; and if he did not, they would push him out.6

Department within a few weeks of the outbreak in November 1917 (long before even a fraction of Russia came under Soviet control), expressed strong support for the revolution. Sands’ letter is reprinted in Wall Street and the Bolshevik Revolution. A memorandum to David Lloyd George, Prime Minister of England, from Morgan associate Dwight Morrow also urged support for the Bolshevik revolutionaries and backing for its armies. A director of the FRB of New York, William Boyce Thompson, donated $1 million to the Bolshevik cause and intervened with Lloyd George on behalf of the emerging Soviets.


Hitler was the foster child of inflation

The Treaty of Versailles after World War I imposed a heavy reparations burden on defeated Germany. This financial burden — a real cause of the German discontent that led to acceptance of Hitlerism — was utilized by the international bankers for their own benefit. The opportunity to float profitable loans for German cartels in the United States was presented by the Dawes Plan and later the Young Plan. Both plans were engineered by these central bankers, who manned the committees for their own pecuniary advantages, and although technically the committees were not appointed by the U.S. Government, the plans were in fact approved and sponsored by the Government.

In 1924 the Allies appointed a committee of bankers (headed by American banker Charles G. Dawes) to develop a program of reparations payments. The resulting Dawes Plan was, according to Georgetown University Professor of International Relations Carroll Quigley, “largely a J.P. Morgan

production.”5 The Dawes Plan arranged a series of foreign loans totaling $800 million with their proceeds flowing to Germany. These loans are important for our story because the proceeds, raised for the greater part in the United States from dollar investors, were utilized in the mid-1920s to create and consolidate the gigantic chemical and steel combinations of I. G. Farben and Vereinigte Stahlwerke, respectively. These cartels not only helped Hitler to power in 1933; they also produced the bulk of key German war materials used in World War II.

It is worthy of note that this system was set up by the inter. national bankers and that the subsequent lending of other people’s money to Germany was very profitable to these bankers.6

Who were the New York international bankers who formed these reparations commissions?

The 1924 Dawes Plan experts from the United States were banker Charles Dawes and Morgan representative Owen Young, who was president of the General Electric Company. Dawes was chairman of the Allied Committee of Experts in 1924. In 1929 Owen Young became chairman of the Committee of Experts, supported by J.P. Morgan himself, with alternates T. W. Lamont, a Morgan partner, and T. N. Perkins, a banker with Morgan associations. In other words, the U.S. delegations were purely and simply, as Quigley has pointed out, J. P. Morgan delegations using the authority and seal of the United States to promote financial plans for their own pecuniary advantage. As a result, as Quigley puts it,

the “international bankers sat in heaven, under a rain of fees and commissions.”7

The German members of the Committee of Experts were equally interesting. In 1924 Hjalmar Schacht was president of the Reichsbank and had taken a prominent role in organization work for the Dawes Plan; so did German banker Carl Melchior. One of the 1928 German delegates was A. Voegler of the German steel cartel Stahlwerke Vereinigte. In brief, the two significant countries involved — the United States and Germany —were represented by the Morgan bankers on one side and Schacht and Voegler on the other, both of whom were key characters in the rise of Hitler’s Germany and subsequent German rearmament

The Young Plan was assertedly a device to occupy Germany with American capital and pledge German real assets for a gigantic mortgage held in the United States. It is noteworthy that German firms with U.S. affiliations evaded the Plan by the device of temporary foreign ownership. For instance, A.E.G. (German General Electric), affiliated with General Electric in the U.S., was sold to a Franco-Belgian holding company and evaded the conditions of the Young Plan. It should be noted in passing that Owen Young was the major financial backer for Franklin D. Roosevelt in the United European venture when FDR, as a budding Wall Street financier, endeavoured to take advantage of Germany’s 1925 hyperinflation.

It was such secret meetings, “… meetings more secret than any ever held by Royal Ark

Masons or by any Rosicrucian Order…”14 between the central bankers at the “apex” of control that so intrigued contemporary journalists, although they only rarely and briefly penetrated behind the mask of secrecy.

Building the German Cartels

A practical example of international finance operating behind the scenes to build and manipulate politico-economic systems is found in the German cartel system. The three largest loans handled by the Wall Street international bankers for German borrowers in the 1920s under the Dawes Plan were for the benefit of three German cartels which a few years later aided Hitler and the Nazis to power. American financiers were directly represented on the boards of two of these three German cartels. This American assistance to German cartels has been described by James Martin as follows: “These loans for reconstruction became a vehicle for arrangements that did more to promote World War II than to establish

peace after World War I.15

Moreover, American assistance to Nazi war efforts extended into other areas.17 The two largest tank producers in Hitler’s Germany were Opel, a wholly owned subsidiary of General Motors (controlled by the J.P. Morgan firm), and the Ford A. G. subsidiary of the Ford Motor Company of Detroit. The Nazis granted tax-exempt status to Opel in 1936, to enable General Motors to expand its production facilities. General Motors obligingly reinvested the resulting profits into German industry. Henry Ford was decorated by the Nazis for his services to Naziism. (See p. 93.) Alcoa and Dow Chemical worked closely with Nazi industry with numerous transfers of their domestic U.S. technology.

Aviation, in which the J.P. Morgan-controlled General Motors firm had a major stock interest, supplied Siemens & Halske A. G. in Germany with data on automatic pilots and aircraft instruments. As late as 1940, in the “unofficial war,” Bendix Aviation supplied complete technical data to Robert Bosch for aircraft and diesel engine starters and received royalty payments in return.

In brief, American companies associated with the Morgan-Rockefeller international investment bankers — not, it should be noted, the vast bulk of independent American industrialists — were intimately related to the growth of Nazi industry. It is important to note as we develop our story that General Motors, Ford, General Electric, DuPont and the handful of U.S. companies intimately involved with the development of Nazi Germany were — except for the Ford Motor Company — controlled by the Wall Street elite — the J.P. Morgan firm, the Rockefeller Chase Bank and to a lesser extent the Warburg Manhattan

bank.18 This book is not an indictment of all American industry and finance. It is an indictment of the “apex” — those firms controlled through the handful of financial houses, the Federal Reserve Bank system, the Bank for International Settlements, and their continuing international cooperative arrangements and cartels which attempt to control the course of world politics and economics.

Qualified observers have argued that Germany could not have gone to war in 1939 without I. G. Farben. Between 1927 and the beginning of World War II, I.G. Farben doubled in size, an expansion made possible in great part by American technical assistance and by American bond issues, such as the one for $30 million offered by National City Bank. By 1939 I. G. acquired a participation and managerial influence in some 380 other German firms and over 500 foreign firms. The Farben empire owned its own coal mines, its own electric power plants, iron and steel units, banks, research units, and numerous commercial enterprises. There were over 2,000 cartel agreements between I. G. and foreign firms — including Standard Oil of New Jersey, DuPont, Alcoa, Dow Chemical, and others in the United States, The full story of I,G, Farben and its world-wide ae-tivities before World War II can never be known, as key German records were destroyed in 1945 in anticipation of Allied victory. However, one post-war investigation by the U.S, War Department concluded that:

Without I. G.’s immense productive facilities, its intense re. search, and vast international affiliations, Germany’s prosecution of the war would have been unthinkable and impossible; Farben not only directed its energies toward arming Germany, but concentrated on weakening her intended victims, and this double-barreled attempt to expand the German industrial potential for war and to restrict that of the rest of the world was not conceived and executed “in the normal course of business.” The proof is overwhelming that I. G. Farben officials had full prior knowledge of Germany’s plan for world conquest and of each specific aggressive act later undertaken ….3

The Schneider group is a famous firm of French armaments manufacturers. After recalling the Schneider influence in establishment of Fascism in Hungary and its extensive international armaments operations, Paul Fauré turns to Hitler, and quotes from the French paper LeJournal, “that Hitler had received 300,000 Swiss gold francs” from subscriptions opened in Holland under the case of a university professor named von Bissing. The Skoda plant at Pilsen, stated Paul Fauré, was controlled by the French Schneider family, and it was the Skoda directors von Duschnitz and von Arthaber who made the subscriptions to Hitler. Fauré concluded:

. . . I am disturbed to see the directors of Skoda, controlled by Schneider, subsidizing the electoral campaign of M. Hitler; I am disturbed to see your firms, your financiers, your industrial cartels unite themselves with the most nationalistic of Germans ….

This time Thyssen arranged a credit of 250,000 marks at the Bank Voor Handel en Scheepvaart N.V. at 18 Zuidblaak in Rotterdam, Holland, founded in 1918 with H.J. Kouwenhoven and D.C. Schutte as

managing partners.12 This bank was a subsidiary of the August Thyssen Bank of Germany (formerly von der Heydt’s Bank A.G.). It was Thyssen’s personal banking operation, and it was affiliated with the W. A. Harriman financial interests in New York. Thyssen reported to his Project Dustbin interrogators that:

I chose a Dutch bank because I did not want to be mixed up with German banks in my position, and because I thought it was better to do business with a Dutch bank, and I thought I would have the Nazis a little more in my hands.13

Thyssen’s book I Paid Hitler, published in 1941, was purported to be written by Fritz Thyssen himself, although Thyssen denies authorship. The book claims that funds for Hitler — about one million marks — came mainly from Thyssen himself. I Paid Hitler has other unsupported assertions, for example that Hitler was actually descended from an illegitimate child of the Rothschild family. Supposedly Hitler’s grandmother, Frau Schickelgruber, had been a servant in the Rothschild household and while there became pregnant:

… an inquiry once ordered by the late Austrian chancellor, Engelbert Dollfuss, yielded some interesting results, owing to the fact that the dossiers of the police department of the Austro-Hungarian monarch were remarkably complete.14

This assertion concerning Hitler’s illegitimacy is refuted entirely in a more solidly based book by Eugene Davidson, which implicates the Frankenberger family, not the Rothschild family.

Putzi: Friend of Hitler and Roosevelt

Ernst Sedgewiek Hanfstaengl (or Hanfy or Putzi, as he was more usually called), like Hjalmar Horaee Greeley Sehacht, was another German-American at the core of the rise of Hitlerism. Hanfstaengl was born into a well-known New England family; he was a cousin of Civil War General John Sedgewiek and a grandson of another Civil War General, William Heine. Introduced to Hitler in the early l920s by Captain Truman-Smith, the U.S. Military Attaehe in Berlin, Putzi became an ardent Hitler supporter, on occasion financed the Nazis and, according to Ambassador William Dodd, “… is said to have saved Hitler’s life in 1923.”1

By coincidence, S.S. leader Heinrich Himmler’s father was also Putni’s form master at the Royal Bavarian Wilhelms gymnasium. Putzi’s student day friends at Harvard University were “such outstanding future figures” as Walter Lippman, John Reed (who figures prominently in Wall Street and the Bolshevik Revolution), and Franklin D. Roosevelt. After a few years at Harvard, Putzi established the family art business in New York; it was a delightful combination of business and pleasure, for as he says, “the famous names who visited me were legion, Pierpont Morgan, Toscanini, Henry Ford, Caruso, Santos-Dumont,

Charlie Chaplin, Paderewski, and a daughter of President Wilson.”2 It was also at Harvard that Putzi made friends with the future President Franklin Delano Roosevelt:

I took most of my meals at the Harvard Club, where I made friends with the young Franklin D. Roosevelt, at that time a rising New York State Senator. Also I received several invitations to visit his distant cousin Teddy, the former President, who had retired to his estate at Sagamore Hill.3

From these varied friendships (or perhaps after reading this book and its predecessors, Wall Street and FDR and Wall Street and the Bolshevik Revolution, the reader may consider Putzi’s friendship to have been confined to a peculiarly elitist circle), Putzi became not only an early friend, backer and financier of Hitler, but among those early Hitler supporters he was, “., . almost the only person who crossed the lines of his (Hitler’s) groups of


Putzi certainly helped finance the first Nazi daily press, the Volkische Beobachter. Whether he saved Hitler’s life from the Communists is less verifiable, and while kept out of the actual writing process of Mein Kampf — much to his disgust — Putzi did have the honor to finance its publication, “and the fact that Hitler found a functioning staff when he was

released from jail was entirely due to our efforts. ,”7

Putzi — by his own admission — was in the Palace room at the other end of the tunnel leading to the Reichstag. And according to The Reichstag Fire Trial, Putzi Hanfstaengl was actually in the Palace itself during the fire:

The prominent financial backer of an early Roosevelt Wall Street venture from 120 Broadway was Gerard Swope of General Electric. And it was “Swope’s Plan” that became Roosevelt’s New Deal — the fascist plan thatHerbert Hoover was unwilling to foist on the United States. In brief, both Hitler’s New Order and Roosevelt’s New Deal were backed by the same industrialists and in content were quite similar — i.e., they were both plans for a corporate state.

Keppler Circle came under the influence and protection of S.S. chief Himmler and the organizational control of Cologne banker and prominent Nazi businessman Kurt von Schroder. Schroder, it will be recalled, was head of the J.H. Stein Bank in Germany and affiliated with the L. Henry Schroder Banking Corporation of New York. It is within this innermost of the inner circles, the very core of Naziism, that we find Wall Street, including Standard Oil of New Jersey and I.T.T., represented from 1933 to as late as 1944.

When we examine the names comprising both the original pre-1933 Keppler Circle and the post-1933 expanded Keppler and Himmler’s Circle, we find the Wall Street multi-nationals heavily represented — more so than any other institutional group. Let us take each Wall Street multinational or its German associate in turn — those identified in Chapter Seven as linked to financing Hitler — and examine their links to Keppler and Heinrich Himmler.

Similarly, we can identify other Wall Street institutions represented in the early Keppler’s Circle of Friends, confirming their monetary contributions to the National Trusteeship Fund operated by Rudolf Hess on behalf of Adolf Hitler. These representatives were Emil Heinrich Meyer and banker Kurt von Schroder on the boards of all the I.T.T. subsidiaries in Germany, and Emil Helffrich, the board chairman of DAPAG, 94-percent owned by Standard Oil of New Jersey.

German General Electric profited greatly from its association with Himmler and other leading Nazis. Several members of the Schroder clique were directors of A.E.G., the most prominent being Robert Pferdmenges, who was not only a member of the Keppler or Himmler Circles but was a partner in the aryanized banking house Pferdmenges & Company, the successor to the former Jewish banking house Sal Oppenheim of Cologne. Waldemar von Oppenheim achieved the dubious distinction (for a German Jew) of“honorary Aryan” and was able to continue his old established banking house under Hitler in partnership with Pferdmenges.

After Hitler gained power, U.S. firms and individuals worked on behalf of Naziism and certainly profited from the Nazi state. We know from the diaries of William Dodd, the American Ambassador to Germany, that in 1933 a stream of Wall Street bankers and industrialists filed through the U.S. Embassy in Berlin, expressing their admiration for Adolf Hitler — and anxious to find ways to do business with the new totalitarian regime.

For example, on September 1, 1933 Dodd recorded that Henry Mann of the National City Bank and Winthrop W. Aldrich of the Chase Bank both met with Hitler and “these bankers

feel they can work with him.”1 Ivy Lee, the Rockefeller public relations agent, according to Dodd “showed himself at once a capitalist and an advocate of Fascism.”2

So at least we can identify a sympathetic response to the new Nazi dictatorship, reminiscent of the manner in which Wall Street international bankers greeted the new Russia of Lenin and Trotsky in 1917.

… the most documented account of the National Socialists’ sudden acquisition of funds was contained in a book published in Holland in 1933, by the old established Amsterdam publishing house of Van Holkema & Warendorf, called De Geldbronnen van Het Nationaal-Socialisme (Drie Gesprekken Met Hitler) under the name “Sidney Warburg.”

A book with this title in Dutch by “Sidney Warburg” was indeed published in 1933, but

remained on the book stalls in Holland only for a matter of days. The book was purged.4 One of three surviving original copies was translated into English. The translation was at one time deposited in the British Museum, but is now withdrawn from public circulation and is unavailable for research. Nothing is now known of the original Dutch copy upon which this English translation was based.

In the next Warburg-Hitler meeting, Hitler argued that “the Soviets cannot miss our industrial products yet. We will give credit, and if I am not able to deflate France myself, then the Soviets will help me.” Hitler said he had two plans for takeover in Germany: (a) the revolution plan, and (b), the legal takeover plan. The first plan would be a matter of three months, the second plan a matter of three years. Hitler was quoted as saying, “revolution costs five hundred million marks, legal takeover costs two hundred million marks — what will your bankers decide?”

Putzi wavers

I carried out my assignment strictly down to the last detail. Hitler is dictator of the largest European country. The world has now observed him at work for several months. My opinion of him means nothing now. His actions will prove if he is bad, which I believe he is. For the sake of the German people I hope in my heart that I am wrong. The world continues to suffer under a system that has to bow to a Hitler to keep itself on its feet. Poor world, poor humanity. 

1) the business of the Ford subsidiaries in France substantially increased; (2) their production was solely for the benefit of the Germans and the countries under its occupation; (3) the Germans have “shown clearly their wish to protect the Ford interests” because of the attitude of strict neutrality maintained by Henry Ford and the late Edsel Ford; and (4) the increased activity of the French Ford subsidiaries on behalf of the Germans received the commendation of the Ford family in America.1

At the end of World War II, Wall Street moved into Germany through the Control Council to protect their old cartel friends and limit the extent to which the denazification fervor would damage old business relationships.

Extracts from the Morgenthau diary demonstrate that Wall Street political power was sufficient even to control the appointment of officers responsible for the denazification and eventual government of post-war Germany.

First: that Wall Street financed the German cartels in the mid-1920s which in turn proceeded to bring Hitler to power.

Second: that the financing for Hitler and his S.S. street thugs came in part from affiliates or subsidiaries of U.S. firms, including Henry Ford in 1922, payments by I.G. Farben and General Electric in 1933, followed by the Standard Oil of New Jersey and I.T.T. subsidiary payments to Heinrich Himmler up to 1944.

Third: that U.S. multi-nationals under the control of Wall Street profited handsomely from Hitler’s military construction program in the 1930s and at least until 1942.

Krupp, aimed at restricting U.S. development of tungsten carbide, which worked to the detriment of the U.S. in World War II. We concluded that A.E.G. plants in Germany managed, by a yet unknown maneuver, to avoid bombing by the Allies.

Two men were then backed as leaders for major Western countries: Franklin D. Roosevelt in the United States and Adolf Hitler in Germany. The Roosevelt New Deal and Hitler’s Four Year Plan had great similarities. The Roosevelt and Hitler plans were plans for fascist takeovers of their respective countries. While Roosevelt’s NRA failed, due to then-operating constitutional constraints, Hitler’s Plan succeeded.

On May 1st, 1918, when the Bolsheviks controlled only a small fraction of Russia (and were to come near to losing even that fraction in the summer of 1918), the American League to Aid and Cooperate with Russia was organized in Washington, D.C. to support the Bolsheviks. This was not a “Hands off Russia” type of committee formed by the Communist Party U.S.A. or its allies. It was a committee created by Wall Street with George P. Whalen of Vacuum Oil Company as Treasurer and Coffin and Oudin of General Electric, along with Thompson of the Federal Reserve System, Willard of the Baltimore & Ohio Railroad, and assorted socialists.

Is the United States Ruled by a Dictatorial Elite?

Within the last decade or so, certainly since the 1960s, a steady flow of literature has presented a thesis that the United States is ruled by a self-perpetuating and unelected power elite. Even further, most of these books aver that this elite controls, or at the least heavily influences, all foreign and domestic policy decisions, and that no idea becomes respectable or is published in the United States without the tacit approval, or perhaps lack of disapproval, of this elitist circle.

Whereas in the early and mid-1960s, any concept of rule by a conspiratorial elite, or indeed any kind of elite, was reason enough to dismiss the proponent out of hand as a “nut case,” the atmosphere for such concepts has changed radically.

Twentieth-century history, as recorded in Establishment textbooks and journals, is inaccurate. It is a history which is based solely upon those official documents which various Administrations have seen fit to release for public consumption.

The total result of this manipulation of society by the Establishment elite has been four major wars in sixty years, a crippling national debt, abandonment of the Constitution, suppression of freedom and opportunity, and creation of a vast credibility gulf between the man in the street and Washington, D.C. While the transparent device of two major parties trumpeting artificial differences, circus-like conventions, and the cliche of “bipartisan foreign policy” no longer carries credibility, and the financial elite itself recognizes that its policies lack public acceptance, it is obviously prepared to go it alone without even nominal public support.

What this revisionist history really teaches us is that our willingness as individual citizens to surrender political power to an elite has cost the world approximately two-hundred-million persons killed from 1820 to 1975. Add to that untold misery the concentration camps, the political prisoners, the suppression and oppression of those who try to bring the truth to light.





The Gay Father Of Nazism And Zionism

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