Forgotten history: US bankers financing US enemies—and why it is important now

Bookmark the permalink.

Erased history: how Rockefeller bankrolled Soviet Russia


by Jon Rappoport

August 6, 2018

In 1971, Gary Allen published his book, None Dare Call it Conspiracy. It quickly became an unofficial best seller.

Over the years, several million copies have been sold.

Allen’s thesis was stark: super-rich American capitalists were financing socialism. This bizarre paradox was resolved when socialism was properly understood—not as “power to the people”—but as elite power over the people. In other words, as a hoax.

These days, the socialist hoax is still unknown to most of the population.

Cloak a global power grab as progress for all of humanity.

Here, from chapter six of None Dare Call it Conspiracy, “The Rockefellers and the Reds,” is a devastating passage commenting on the period just after the Russian Revolution of 1917:

“The Rockefellers assigned their public relations agent, Ivy Lee, to sell the American public the idea that the Bolsheviks were merely misunderstood idealists who were actually kind benefactors of mankind.”

“Professor Antony Sutton of Stanford University’s Hoover Institution, notes in his highly authoritative Western Technology and Soviet Economic Development:”

“’Quite predictably…[Ivy] Lee concludes that the communist problem is merely psychological. By this time he is talking about “Russians” (not Communists) and concludes “they are all right.” He suggests the United States should not engage in propaganda; makes a plea for peaceful coexistence; and suggests the United States would find it sound policy to recognize the USSR and advance credits [give loans].’ (Antony Sutton, Western Technology and Soviet Economic Development, 1917-1930, Hoover Institution on War, Revolution and Peace, Stanford University, Calif., 1968, p.292)”

“After the Bolshevik Revolution, Standard of New Jersey [Rockefeller] bought 50 per cent of the Nobel’s huge Caucasus oil fields even though the property had theoretically been nationalized [by Russia]. (O’Connor, Harvey, The Empire Of Oil, Monthly Review Press, New York, 1955, p.270.)”

“In 1927, Standard Oil of New York [Rockefeller] built a refinery in Russia, thereby helping the Bolsheviks put their economy back on its feet. Professor Sutton states: ‘This was the first United States investment in Russia since the Revolution.’ (Ibid, Vol.1, p.38)”

“Shortly thereafter Standard Oil of New York and its subsidiary, Vacuum Oil Company [Rockefeller], concluded a deal to market Soviet oil in European countries and it was reported that a loan of $75,009,000 to the Bolsheviks was arranged. (National Republic, Sept.1927.)”

“…Wherever Standard Oil would go, Chase National Bank was sure to follow. (The Rockefeller’s Chase Bank was later merged with the Warburg’s Manhattan Bank to form the present Chase Manhattan Bank.) In order to rescue the Bolsheviks, who were supposedly an archenemy, the Chase National Bank was instrumental in establishing the American-Russian Chamber of Commerce in 1922. President of the Chamber was Reeve Schley, a vice-president of Chase National Bank. (Ibid, Vol.11, p.288) According to Professor Sutton: ‘In 1925, negotiations between Chase and [Russian] Prombank extended beyond the finance of raw materials and mapped out a complete program for financing Soviet raw material exports to the U. S. and imports of U. S. cotton and machinery.’ (Ibid, Vol.11, p.226) Sutton also reports that ‘Chase National Bank and the Equitable Trust Company were leaders in the Soviet credit business.’ (Ibid, p.277)”

“The Rockefeller’s Chase National Bank also was involved in selling Bolshevik bonds in the United States in 1928. Patriotic organizations denounced the Chase as an ‘international fence.’ Chase was called ‘a disgrace to America… They will go to any lengths for a few dollars profits.’ (Ibid, Vol.11, p.291) Congressman Louis McFadden, chairman of the House Banking Committee, maintained in a speech to his fellow Congressmen:”

“’The Soviet government has been given United States Treasury 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. Find out what business has been transacted for the State Bank of Soviet Russia by its correspondent, the Chase Bank of New York’. (Congressional Record, June 15, 1933.)”

“But the Rockefellers apparently were not alone in financing the Communist arm of the Insiders’ conspiracy. According to Professor Sutton ‘… there is a report in the State Department files that names Kuhn, Loeb & Co. (the long established and important financial house in New York) as the financier of the [Russians’] First Five Year Plan. See U. S. State Dept. Decimal File, 811.51/3711 and 861.50 FIVE YEAR PLAN/236.’ (Sutton, op. cit., Vol. II, p. 340n.)”

“Professor Sutton proves conclusively in his three volume history of Soviet technological development that the Soviet Union was almost literally manufactured by the U.S.A…”

“…Sutton shows that there is hardly a segment of the Soviet economy which is not a result of the transference of Western, particularly American, technology.”

“This cannot be wholly the result of accident. For fifty years the Federal Reserve-CFR-Rockefeller-lnsider crowd has advocated and carried out policies aimed at increasing the power of their satellite, the Soviet Union. Meanwhile, America spends $75 billion a year on defense to protect itself from the enemy the Insiders are building up.”

NOTE: The descendants of these bankers are now doing everything they can to build up the story that Donald Trump won the presidency by colluding with Russians. To call this an irony, in view of the above information, would be a vast understatement.

However, the motives of these current Globalists are clear: regardless of whether Trump meant to keep his promises to destroy Globalism (aka worldwide socialism), his mere mention of Globalism as the enemy, during the presidential campaign, and his declared opposition to Globalist “free trade” treaties, was sufficient to warrant an all-out attack on him.

The whole idea of nationalism as preferable to Globalism could act as a contagious germ spreading to the people of other countries—so Trump as the face and symbol of such sentiments had to be defamed and crushed.

Through various front organizations, cutouts, dupes, brainwashed useful idiots, and violent hired thugs, that operation to crush Trump is well underway.

Again—and this point must be understood—IT DOESN’T MATTER WHETHER TRUMP EVER MEANT TO KEEP HIS PROMISE TO BURY GLOBALISM. THE MERE MENTION OF GLOBALISM AS THE ENEMY WAS AND IS SUFFICIENT TO WARRANT UNCEASING ATTACKS AGAINST HIM.

Many, many of Trump’s supporters want to see Globalism buried.

Ultimately, they are the real target of the Globalists, who want to neutralize and disperse them and make them passive and demoralized.


Views: 85

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega commented on Doc Vega's blog post One of Many Witnesses to the JFK Assassination Not Listed in the Warren Report
"tjdavis Thanks for your support! "
3 hours ago
Doc Vega posted blog posts
3 hours ago
tjdavis favorited Doc Vega's blog post One of Many Witnesses to the JFK Assassination Not Listed in the Warren Report
23 hours ago
Burbia commented on KLC's group MUSICWARS
yesterday
Doc Vega posted a blog post

The Unnerving Frequency of Disappearances on the Appalachian Trail Pt. 1

There’s another one of the cluster zones of missing persons reports that fails to render the…See More
Wednesday
cheeki kea commented on cheeki kea's photo
Thumbnail

Waste runs deep

"Make USAID - go away."
Wednesday
cheeki kea posted a photo
Wednesday
cheeki kea commented on cheeki kea's photo
Thumbnail

$ Paid Annual Leave $

"Now is the Time for American Workers to Unite! Take back the squandered taxes and demand time off…"
Monday
cheeki kea posted a photo
Monday
Burbia commented on Burbia's blog post Mystery illness strikes Russia with fever, blood symptoms, and no cure in sight.
Monday
Burbia posted a blog post

Mystery illness strikes Russia with fever, blood symptoms, and no cure in sight.

I guess releasing this bio-weapon upon Israeli neighbors would be hitting too close to home. I…See More
Monday
tjdavis posted videos
Monday
tjdavis posted a video

The Electric State | Final Trailer | Netflix

Together, robots & humans can take the whole system down. THE ELECTRIC STATE starring Millie Bobby Brown, Chris Pratt and directed by the Russo Brothers, onl...
Sunday
Less Prone favorited Sandy's video
Mar 29
Doc Vega's 7 blog posts were featured
Mar 29
tjdavis's blog post was featured
Mar 29
Sandy posted a video

"Mommy Tells Me I'm a Girl"-Jeff Younger

Soft White Underbelly interview and portrait of Jeff Younger, a father who is fighting to protect his son from transitioning into a girl. Get 40% off access ...
Mar 29
tjdavis posted a video

MindWar: Full Spectrum Cognitive Dominance [Michael Aquino Analysis]

This is my analysis and my thoughts on Michael Aquino's "MindWar". This document is a must-read if you are looking to understand the psyop tactics and cognit...
Mar 28
Doc Vega posted a blog post

A Horrid Murder at Land Between the Lakes (Sasquatch?)

 Most of us hear that Sasquatch-Bigfoot are intelligent yet reclusive creatures that are closely…See More
Mar 28
Doc Vega posted blog posts
Mar 27

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted