It is all about the marriage of fascism and communism

“Hi folks. I’m Alan Watt and this is Cutting Through the Matrix. I’m talking about Professor Anthony Sutton, a man who was a research fellow at the Hoover Institution for War; Revolution and Peace at Stanford, California from ’68 to ’73. This man wrote a series of books going into who financed the Soviet system, the Bolshevik Revolution and Hitler; and lo and behold, we find the same big institutions, the big foundations and the same big corporations.

This book I’m going to read a little bit from is called ‘Wall Street and the Rise of Hitler,’ very revealing book, so much of it is revealing. It’s hard to pick a page from, there’s so much there. This is from page 120 and it ties in with the Great Depression I was talking about that we all pulled out of because World War II came along and countries could suddenly order billions from the international bankers. He says: ‘Roosevelt’s New Deal and Hitler’s New Order…’ Hitler called it the New World Order and they simply called it the New Deal in the U.S. That’s what it really meant, that little Masonic term, the New Deal. He says: ‘Hjalmar Schacht…’

Hjalmar Schacht was a big banking company as well. ‘…challenged his post-war Nuremburg interrogators with the observation that Hitler’s New Order program was the same as Roosevelt’s New Deal program in the United States.’ Now there’s quite the comment that came out of the Nuremberg trials. ‘The interrogators understandably snorted and rejected the observation. However, a little research suggests that not only are the two programs quite similar in content, but that Germans had no trouble in observing the similarities. There is in the Roosevelt Library a small book presented to FDR by Dr. Helmut Magers in December 1933. On the flyleaf of this presentation copy is written the inscription, To the President of the United States, Franklin D. Roosevelt, in profound admiration of his conception of a new economic order and with devotion for his personality. The author, Baden, Germany, November 9, 1933.’

Here’s FDR’s reply to this admiration for his new economic order: (Washington) December 19, 1933 ‘My dear Dr. Magers: I want to send you my thanks for the copy of your little book about me and the ‘New Deal.’ Though, as you know, I went to school in Germany…’ Ah, ha. ‘…and could speak German with considerable fluency at one time, I am reading your book not only with great interest but because it will help my German. Very sincerely yours, FDR.’ The New Deal or the ‘new economic order’ was not a creature of classical liberalism. It was a creature of corporate socialism. Same as Germany. Same as Britain had in fact.

‘Big business as reflected in Wall Street strived for a state order in which they could control industry and eliminate competition, and this was the heart of FDR’s New Deal. General Electric, for example, is prominent in both Nazi Germany and the New Deal.’ The U.S. system. ‘…German General Electric was a prominent financier of Hitler and the Nazi Party, and A.E.G. also financed Hitler both directly and indirectly through Osram. International General Electric in New York was a major participant in the ownership and direction of both A.E.G. and Osram.’ That’s the German General Electric. ‘…Gerard Swope, Owen Young, and A. Baldwin of General Electric in the United States were directors of the German firm A.E.G. However, the story does not stop at General Electric and financing of Hitler in 1933. In a previous book, Wall Street and the Bolshevik Revolution, the author identified the role of General Electric in the Bolshevik Revolution and the geographic location of American participants as at…’

Listen to this. ‘…120 Broadway, New York City; the executive offices of General Electric were also at 120 Broadway. When Franklin Delano Roosevelt was working in Wall Street, his address was also 120 Broadway. In fact, Georgia Warm Springs Foundation, the FDR Foundation, was located at 120 Broadway. 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 that Herbert 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.’ Corporate state, folks, that’s what you live under and it’s very evident. The left wing and the right wing, they’re both wings that belong to the same bird and the bird is corporate fascism. Interwoven families on the left and the right at the top — so which bunch of multimillionaires do you want to vote for? He goes on to say: ‘There were then both corporate and individual bridges between FDR’s America and Hitler’s Germany. The first bridge was the American I.G. Farben…’ Big umbrella corporation. ‘… American affiliate of I.G. Farben, the largest German corporation. On the board of American I.G….’ Because we had them in the states too you see. ‘…sat Paul Warburg, of the Bank of Manhattan and the Federal Reserve Bank of New York.

‘The second bridge was between International General Electric, a wholly owned subsidiary of General Electric Company and its partly owned affiliate in Germany, A.E.G. Gerard Swope, who formulated FDR’s New Deal, was chairman of I.G.E. and on the board of A.E.G. The third ‘bridge’ was between Standard Oil of New Jersey…’ That’s the Rockefellers. ‘…and Vacuum Oil and its wholly owned German subsidiary, Deutsche-Amerikanisehe Gesellschaft. The chairman of Standard Oil of New Jersey was Walter Teagle, of the Federal Reserve Bank of New York. He was a trustee of Franklin Delano Roosevelt’s Georgia Warm Springs Foundation and appointed by FDR to a key administrative post in the National Recovery Administration. These corporations were deeply involved in both the promotion of Roosevelt’s New Deal and the construction of the military power of Nazi Germany. Putzi Hanfstaengl’s role in the early days, up to the mid-1930s anyway, was an informal link between the Nazi elite and the White House. After the mid-1930s, when the world was set on the course for war, Putzis importance declined — while American Big Business continued to be represented through such intermediaries as Baron Kurt von Schroder attorney Westrick, and membership in Himmler’s Circle of Friends.’

This is a fascinating book; he has all the data and the proof in the back. It’s just astounding to realize that something that I always knew really that the countries that went into fight supposedly national socialism and won, supposedly, came out of it as national socialist countries because the governments had taken over massive rights to rule farmers and all the infrastructure of the nation. Britain was the same. I used to laugh at Winston Churchill’s replays of his old speeches when he told the British public to go off and fight to retain their way of life and their system, their ancient cherished system — while his own secretary released a book called ‘The Fringes of Power’ and admitted that in his own particular peer class he was celebrating the fact that out of this war in Europe would come a united Europe, the dream that they’d had for ages. So we’re all conned down the river, all of us and all those poor guys that go off to all these wars to fight for this socialist order never really figure it out afterwards. They’re too proud of having done their bit. They can’t see the big picture and they don’t see where it’s all going. There’s no doubt about it, even with Cecil Rhodes who started up the Cecil Rhodes Society that was meant to take over all the corporate interests and minerals rights of the world, coupled with Lord Alfred Milner’s group, The Round Table Society, eventually merged together with Cecil Rhodes and became the League of Nations and then it became the United Nations. They had it all planned then, to bring in this world socialist state, a state run by the fascists at the top, those who deemed themselves worthy of ruling the lessers and also the commoners would be run with masses of bureaucracies in a communistic fashion: The marriage of fascism and communism. That’s what it’s all about. The right and the left come together, planned 100-odd years ago, probably longer actually. At least the records that we now get access to are 100 years old.”

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