And define the 1%.
Im sure he is talking about those pesky bankers and money lenders they
hate so much. The Kulacks.
So far far from their roots they have fallen, these modern day
Bolsheviks. Now they are pissed off at their money suppliers
http://www.thehiddenevil.com/communists.asp
Wall Street funded Communists
Professor Sutton stated, "Western textbooks on Soviet economic
development omit any description of the economic and financial aid
given to the 1917 Revolution and subsequent economic development by
Western Firms and banks." "In the Bolshevik Revolution we have some of
the world's richest and most powerful men financing a movement which
claims its very existence is based on the concept of stripping of
their wealth," declared Allen. "[M]en like the Rothschilds,
Rockefellers, Schiffs, Warburgs, Morgans, Harrimans, and Milners."
Perloff agreed, "Jacob Schiff, the head of Kuhn, Loeb and Co., heavily
bankrolled the [Communist] revolution. This was reported by White
Russian General Arsine de Goulevitch in his book Czarism and the
Revolution." "According to his grandson John," described Allen, "Jacob
Schiff ... long-time associate of the Rothschilds, financed the
Communist Revolution in Russia to the tune of $20 million." He
continued, "According to a report on file with the State Department,
his firm, Kuhn Loeb and Co. bankrolled the first five year plan for
Stalin," and added, "Schiff's descendents are active in the Council on
Foreign Relations today."
Referring to the emergence of a communist dictatorship which resulted
from the Bolshevik Revolution in 1917, Professor Marrs wrote that they
were funded by "Germany and America. ... Their repugnant campaign to
purify and cleanse Mother Russia and to seek world domination resulted
in ... [millions of] human beings wiped out and brutally purged..." He
attested, "Brown Brothers Harriman" helped finance it with "money made
possible by it and the affiliated Guaranty Trust Company." Professor
Sutton agreed, writing "W. Averell Harriman was a director of Guaranty
Trust Company" and "was involved in the Bolshevik Revolution."
On February 3, 1949, the New York Journal-American stated, "Today it
is estimated even by Jacob's grandson, John Schiff, a prominent member
of New York Society, that the old man sank about $20,000,000 for the
final triumph of Bolshevism in Russia. Other New York banking firms
also contributed."
Referring to a June 15, 1933, Congressional Record, Allen wrote
"Congressman Louis McFadden, chairman of the House Banking Committee,
maintained in a speech to his fellow Congressman: "The Soviet
government has been given United States Treasure funds by the Federal
Reserve Board and the Federal Reserve Banks acting through the Chase
Bank and the Guaranty Trust Company and other banks in New York City.
... Open up the books of Amtorg, the trading organization of the
Soviet government in New York, and of Gostorg, the general office of
the Soviet Trade Organization, and of the State Bank of the Union of
Soviet Socialist Republics and you will be staggered to see how much
American money has been taken from the United States' Treasury for the
benefit of Russia."
"Now our textbooks tell us that the Nazis and Soviets were bitter
enemies and their systems are opposites," observed Professor Sutton.
But in the "1920s, W. Averell Harriman was a prime supporter of the
Soviets with finance and diplomatic assistance ... [and] participated
in RUSKOMBANK," which was "the first Soviet commercial bank.
Furthermore, Max May, the Vice President of Guaranty Trust, which was
dominated by Harriman and Morgan, became the first Vice-President of
Ruskombank." However, declared Professor Sutton, "Averell Harriman,
his brother Roland Harriman, and ... E.S. James and Knight Woolley,
through the Union Bank ... were prime financial backers of Hitler." He
asked, "How could a rational man support Soviets and Nazis at the same
time?"
A curious dilemma arises when faced with the documented fact that Wall
Street funded both Communists and Nazis. First, it would seem these
two forms of government are at opposite ends of the political
spectrum. And that capitalists would see them as a threat to their
growth. Allen provides a possible answer, writing, "But obviously
these men have no fear of international Communism. It is only logical
to assume that if they financed it, and are willing--even eager--to
cooperate with it, it must be because they control it. Can there be
another explanation that makes sense?" He adds, "Remember that for
over 100 years it has been a standard operating procedure of the
Rockefellers and their allies to control both sides of every
conflict."
Before Winston Churchill became Prime Minister of Great Britain, he
acknowledged a conscious effort of wealthy people to install a
communist dictatorship in Russia. He wrote in the February 18th, 1920
issue of the London Illustrated Sunday Herald, that "From the days of
Spartacus [Adam] Weishaupt ... to those of Karl Marx, to those of
Trotsky, Bella Kuhn, Rose Luxembourg, and Emma Goldman, this
world-wide conspiracy has been steadily growing." He affirmed, "It has
been the mainspring of every subversive movement during the 19th
century; and now at last, this band of extraordinary personalities
from the underworld of the great cities of Europe and America have
gripped the Russian people by the hair of their heads and have become
practically undisputed masters of that enormous empire."
After the Bolshevik Revolution, Wall Street ensured the communists
would retain control of Russia. Professor Sutton described this effort
when he wrote, "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 and
Ohio Railroad, and assorted socialists."
"The Bolsheviks were not a visible political force at the time the
Czar abdicated," Allen wrote. "And they came to power not because of
the downtrodden masses of Russia called them back, but because very
powerful men in Europe and the United States sent them in. "They
[Lenin and Trotsky] joined up, and, by November, though bribery,
cunning, brutality and deception, they were able (not to bring the
masses rallying to their cause, but) to hire enough thugs and make
enough deals to impose out of the gun barrel what Lenin called 'all
power to the Soviets.'"
"Having created their colony in Russia," said Allen, "the Rockefellers
and their allies have struggled mightily ever since to keep it alive.
Beginning in 1918 this clique has been engaged in transferring money
and, probably more important, technical information to the Soviet
Union." Perloff agreed, writing, "Probably no name symbolized
capitalism more than Rockefeller. Yet that family has for decades
supplied trade and credit to Communist nations. After the Bolsheviks
took power, the Rockefellers' Standard Oil of New Jersey bought up
Russian oil fields, while Standard Oil of New York built the soviets a
refiner and made an arrangement to market their oil in Europe. During
the 1920's the Rockefellers' Chase Bank helped found the
American-Russian Chamber of Commerce, and was involved in financing
Soviet raw material exports and selling Soviet bonds in the U.S."
According to Senator Barry Goldwater, Chase Manhattan built a truck
factory in Russia which could also be used to produce armored vehicles
such as tanks and even rocket launchers. Perloff echoed, "American
technology helped the Soviets construct the $5 billion Kama River
truck factory ... [which was] successfully converted by the Kremlin to
military purposes."
Wall Street continued to aid the Russian communists as they supplied
the Vietnamese communists that Americans were fighting in Vietnam,
says Allen. In the late 60s Rockefeller and other industrialists built
synthetic rubber plants and an aluminum factory totaling about 250
million dollars. Professor Sutton observed, "these American
capitalists were willing to finance and subsidize the Soviet Union
while the Vietnam War was underway, knowing that the Soviets were
supplying the other side."
An article appeared in the New York Times on January 16, 1967, which
carried the headline, Eaton Joins Rockefellers to Spur Trade with
Reds. Perloff summed up the story, "The ensuing story noted that the
Rockefellers were teaming up with tycoon Cyrus Eaton, Jr., who was
financing for the Soviet block the construction of a $50 million
aluminum plant and rubber plants valued at over $200 million." He
added, "The Chase, which maintains a branch office at 1 Karl Marx
Square in Moscow, has gained notoriety for financing projects behind
the Iron Curtain."
W. Averill Harriman was made U.S. Ambassador to the USSR in 1941.
Allen wrote, "Sutton quotes a report by Averell Harriman to the State
Department in June, 1944 as stating: 'Stalin paid tribute to the
assistance rendered by the United States to Soviet industry before and
during the war.'" "It is not an exaggeration to say that the USSR was
made in the USA," observed Allen.
Referring to Professor Sutton's book, Wall Street and the Bolshevik
Revolution, he wrote, "No one has even attempted to refute Sutton's
almost excessively scholarly works. They can't. But the misinformation
machines that compose our mediacracy can ignore Sutton. And they do."
The book, added Perloff, "is based on assiduous research, including a
deeper probe into State Department files."
Professor Sutton warned, "The synthesis sought by the Establishment is
called the New World Order. Without controlled conflict this New World
Order will not come about. ... And this is being done with the
calculated, managed, use of conflict. ... This explains why the
International bankers backed the Nazis, the Soviet Union, [and] North
Korea ... against the United States. The 'conflict' ... [builds]
profits while pushing the world ever closer to One World Government.
The process continues today."
Summary
The evidence that these researchers present, which includes mainstream
news and State Department records, suggests that Communist Russia was
not only heavily funded by Wall Street, but was the actual creation of
Wall Street. The Communist Revolution was instigated by Wall Street.
Wall Street continued to build Russia even as they supplied aid to a
country that America was at war with. Because they created communist
Russia, they must have known about the millions of people being
murdered.
[Footnotes]
* Photo taken from the Shadows of Power, by James Perloff.