Part 6 (1/2)

David told an audience in Rome that he would replace the Iron Curtain with” a plate-gla.s.s curtain.” He claimed -Better communication and then understanding through expanding trade are ingredients of world peace.” Just a the sc.r.a.p metal we sold j.a.pan before Pearl Harbor helped bring peace!

So far, Most Favored Nation status has not bee granted by Congress because of publicity about Russia'

policy of refusing emigration by Soviet Jews to Israel. But the sluice gates for loans have been opened.

Already legal counselor for Eximbank, under pressure from President Nixon and Secretary of State Henry Kissinger has pushed the bank's directors to approve questionable loans to the Reds.

As part of the ma.s.sive effort to build the Communist economy by looting the United States, on credit, Richard Nixon appointed William Casey as president of the Export-Import Bank. Casey, a member of the Rockefeller-controlled CFR, is the perfect man for the job that Kissinger and the Rockefellers have in mind. As part of his goal of promoting” trade-with the Communists, last year he told the Society of American Business Writers: To implement this vital aspect of our overall foreign policy, our Amba.s.sadors to Communist nations have been instructed to put trade promotion at the top of their list of priorities. Shortly we will have doubled the number of State Department employees serving in commercial positions in the USSR, eastern Europe and [Communist] China.

Naturally the Communists are delighted to have the American super-capitalists build factories for them as long as the American taxpayers agree to pick up the tab when he Commissars default. It is foreign aid in a big, big way!

The first of the giant projects we are inflating our currency to build on credit for our Bolshevik brothers is he Kama River factory, which is to be the largest producer of trucks in the world. But please don't mention hat trucks are the backbone of modern military operations, and that during open warfare truck factories re quickly converted to build tanks. If you do so, Liberals will look at you as if you have four heads and nine eyes.

The Kama River factory will produce 150,000 heavy rucks and 150,000 heavy engines per year. This output is greater than the combined production of such trucks by all factories in the United States. The complex is being built by a division of the Pullman Company at a cost of two million dollars. The Soviets are going to put up ten % of the cash for the project, while David Rockefeller's Chase Manhattan Bank and the Export-Import Bank will each advance forty-five %.

To say that Eximbank is bending over backwards with our tax dollars to accommodate the Soviets is like saying hat J. Paul Getty is fairly confident his personal cheque won't bounce. On Exim's usual loans, repayments must tart in three to five or, at the most, seven years. The repayment period for this loan is twelve years, with a race period of 4.5 years. Which means that it will be 16.5 ears, if ever, before anyone sees the first payment! Try to get that kind of a deal as an American businessman ... at six % interest.

And what happens when the Comrades don't pay? Do we foreclose and repossess the factory? That's about as practical as growing bananas in Minnesota. Krupp, the German industrial giant, almost collapsed as a result of its extension of credit to the Soviets. It had to be bailed out by its government.

But, you say, surely David Rockefeller, the shrewdest and most powerful banker in the world, would not risk Chase Manhattan's money unless he were sure of repay merit. You're right. David is sure of repayment. Chase's loan is guaranteed by the US taxpayer through other government agencies, the Overseas Private Investment Corporation and the Foreign Credit Insurance a.s.sociation. The US taxpayer is on the hook for every dime. just as with the Eximbank loans, OPIC and FCIA guarantee the - businessmen- a profit no matter how badly the deal turns out. What is happening is that we are giving the Soviets a two-billion-dollar truck plant, and insuring the Rockefellers' cut on the deal.

The Kama River project kicked off a spree of such looting. One of these loans is for thirty-six million dollars to help construct and equip an international trade center in Moscow. Joint venturing in this deal- all fully guaranteed by you, the taxpayer-are Chase Manhattan and the Bank ,,of America. Arranged by Armand Hammer of Occidental Petroleum, a personal friend of Lenin and son of a founder of the US Communist Party, the huge Trade Center will be built by the Bechtel Corporation. Comrade Hammer and his Occidental Petroleum also have a huge natural gas deal in the mill with the Soviets. According to former Eximbank boss Henry Kearns: For a proposed gas development deal in Siberia that the Soviets are eager to make, the required Eximbank credit is $1.5 billion - more than the bank has- granted any other customer. The Soviet Union has already received Exim credits of about $350 million without disclosing financial data ...

The Nixon-Kissinger Administration had to pour millions in paper currency into our economy, thus pus.h.i.+ng inflation higher, to lend the Soviet Union $180 million at six % interest. The deal is for the construction on a Soviet site of a new fertilizer plant made in the USA This, incidentally, comes at a time when America is in the midst of a severe fertilizer shortage. Crops are being limited in our own country because of that shortage, but our government is determined to help the Comrades at our expense, by looting us of the hardware to build this desperately needed fertilizer plant, The cost of the Russian fertilizer plant will be $400 million. Of this, the Soviet Union is putting up only $40 million-a mere 10 % of the cost. All the rest will come from the US In addition to the Export-Import Bank's loan, for which the bank has already made a preliminary commitment, private American banks will lend another $180 million for the Russian plant-but at a realistic 10 to 12 % interest. The American taxpayer is therefore subsidizing the Export-Import Bank's part of the loan-a subsidy that could cost between $50 million and $75 million in lost interest over the 12-year period of the loan.

” The Soviet Union is the last great undeveloped market for the US, ” says Alfred R. Wentworth, senior vice president of Chase Manhattan Bank and head of Chase's recently opened Moscow office. ” It now is opening up, and our bank wants to partic.i.p.ate in the many opportunities being created.- To be sure no one misunderstands, Chase Manhattan Bank has been running advertis.e.m.e.nts in major newspapers across the country. They read:” Now you can get banking insights on developing business relations.h.i.+ps in the Soviet Union direct from our Moscow office ... In addition to our Moscow office, we have another in Vienna for dealings in Eastern Europe ... Our Moscow representatives can be contacted at: Metropol Hotel, 1 Karl Marx Square, Room 227, MOSCOW, USSR.

Tel: 225-6277.

From 1 Chase Manhattan Plaza to 1 Karl Marx Square, we are international money experts with a knack for making good sense out of confusing East-West trade talk.”

One would expect the Rockefellers to open up shop at the most prestigious (and, as Business Week says, ” symbolic”) address in town. As Newsweek magazine headlined its report: The Kremlin now has a - Comrade at Chase.- So has Peking. After David and Nelson Rockefeller called for the - ” normalizing of relations ” and establis.h.i.+ng ” trade-with Mao Tse-tung and the Red Chinese”, Richard Nixon and Henry Kissinger reversed the Republican platform and a hundred Nixon promises to follow that line also. The door was opened for trade with the butchers of Red China.

While Mr. Nixon's sudden cozying up to the Peking mob received reams of comment and publicity, there is one aspect of all this which has attracted virtually no attention. lt is the fact that large oil deposits have been found near the Senkaka Islands in the East China Sea.

Our Insider - arranged deals with Red China are cut from the same cloth as our” trade-with the Soviet bloc; we have made numerous concessions and have asked none in return. Perhaps one of the concessions” we-will receive will be drilling rights for Standard Oil. After all, David Rockefeller has been promoting an opening with Red China for the past five years. Yes, the plot thickens. And in this case oil is thicker than blood.

”I'm very encouraged,- said David Rockefeller in July 1973.” In every case we've been invited by the socialist governments and have been warmly and generously received even though I head a large capitalist bank and my name is closely identified with capitalism.- David was so impressed with the glories of Mao land that he wrote a puff piece for the New York Times of August 10,1973, ent.i.tled ” From A China Traveler.” The chairman of the Council on Foreign Relations observed: One is impressed immediately by the sense of national harmony ... Whatever the price of the Chinese Revolution, it has obviously succeeded not only in producing a more efficient and dedicated administration but also in fostering high morale and community of purpose ... The social experiment in China under Chairman Mao's leaders.h.i.+p is one of the most important and successful in human history.

Batten, Barton, Dursten & Osborne couldn't have written better ad copy to puff the ” social. experiment which has killed some sixty-four million of its own people and keeps millions more in the slavery of labor camps.

” And you must remember,” says David Rockefeller, ” the Chinese are not only purposeful and intelligent, they also have a large pool of cheap labor. So they should be able to find ways to get trading capital.” If wages are low behind the Iron Curtain in Europe, imagine how attractive they are in Red China. Such things are not missed by David Rockefeller.

What does the building of the Big Red Machine in the Soviet Union and Red China mean? Constructing some of the world's largest factories for the Soviet Union, and s.h.i.+pping the Communists the most sophisticated US technology and equipment, has a mult.i.tude of implications. Professor Antony Sutton, the world's foremost expert on the use of Western technology to develop the Soviet Union, has written an entire book on this subject under the provocative but very deliberate t.i.tle, National Suicide.

The military potential of the industrial plants which we are building for the Soviets should be obvious to anyone. Trucks, aircraft, oil, steel, petro-chemicals, aluminum, computers-these are the very sinews of a military industrial complex. These factories, the product of American genius and financed by American capital, could have been built in the United States. Instead, they are constructed at the US taxpayers'

expense in the Soviet Union-a nation whose masters still keep millions in concentration camps and who have sworn to bury us.

And the program to loot America to build the Soviet Union is escalating. Remember that the factories we are constructing for the Communists represent the latest in American technology. This technology is un.o.btainable anywhere else in the world.

Another important thing to remember is the strong possibility that Russian factories using American capital and American technology will, with Soviet slave labor, produce goods which will undersell those produced by American labor in world markets. Just as many thousands of Americans have already lost their jobs to foreign labor (working in European and Asian factories constructed with American foreign aid) still more American workers will see their jobs destroyed by their own government. And these runaway -capitalists- are well aware of the cost benefits of such slave labor.

But as important as jobs are, there is even a more important aspect to the on-going -partners.h.i.+p- between the Rockefellers and the Communists which has been operating for over fifty years. At stake is the very survival of independence and liberty in this country.

Professor Sutton has a.s.sembled an abundance of evidence which n.o.body has even attempted to refute.

First, he has shown that Communism is a stagnant system incapable of innovation or high productivity.

Its survival, even at a subsistence level for its captives, has required regular transfusions of capital and technology. Without aid from the West, the Soviet Union would have long since collapsed. But without the Soviet Union, the Rockefellers and other super-rich would not have had an ” enemy-to justify their schemes for monopoly World Government.

The Soviet Union was first saved by Herbert Hoover with food. Next, came Lenin's New Economic Plan which let the super-capitalists back into Russia. This was followed by FDR's diplomatic recognition of Russia (long advocated by the Rockefellers), which allowed the Soviets to obtain desperately needed credits. World War II turned on the $11 billion Lend-Lease spigot. Following the war. Russia was allowed to denude much of Germany of factories and scientists. During the Kennedy Administration.

We started, providing wheat for hungry Soviet factory workers. During the Vietnam War, America s.h.i.+pped vital supplies to the East European bloc, which was providing North Vietnam with the war equipment to kill our own soldiers. Now we are supplying the world's largest truck factory, extremely sophisticated computers and a cornucopia of other manufacturing technology. To cap the climax, the Wall Street journal of April 25, 1975, headlines ” US Quietly Allows Uranium s.h.i.+pments to Soviet Union For Processing Into Fuel.” Is that unbelievable?

Where was the public outrage that the mediacracy is capable of creating?*

As former Secretary of the Navy James Forrestal observed: ”Consistency never has been a mark of stupidity. If the diplomats who have mishandled our relations with Russia were merely stupid, they would occasionally make a mistake in our favor.” In short, what is happening is not just the looting of our economy, but treason. There is something rotten, but it's not in Denmark, it is in Manhattan.

The game plan is simple: We are going to be blackmailed into surrendering or merging with the Soviets.

Meanwhile, our Congress wants to stop weapons development so that we can have more welfare programs. Since most of the military budget goes to salaries which cannot be cut, any slas.h.i.+ng of ” fat”

usually means that real muscle-weapons systems-has been amputated.

For five decades the Communists' propaganda line has been that they were going to destroy the Rockefellers and the other super-rich. Yet the Rockefellers have been breast feeding the Bolshevik monster since its childhood. Today they are leading the parade to provide their Soviet Frankenstein with a high-protein diet. We are supposed to believe those international cartelists do this because they are foolish or greedy. Of course the Rockefellers are greedy for the profits produced by their alliance with the Soviet Union, but that cannot be the total answer. Lenin claimed that capitalists would sell the Communists the rope with which they would be hung, if it could be done for a profit. The Rockefellers know that. And now they are building them factories in the Soviet Union.

* A group of concerned Americans arranged for Sutton, who has testified numerous times before Congressional Committees, to present these facts before the COP Platform Committee in Miami in 1972. The committee did not show up to hear Sutton's testimony and a scheduled news conference was canceled. A newsman told Sutton that his story was” too hot- for the newspapers to deal with. When Sutton returned to Hoover, he was ordered by his superiors to make no more public statements during the campaign. Somebody important had obviously made a phone call. Later, Sutton's contract at Hoover was not renewed. He obviously was stepping on too many tender toes.

But the Rockefellers are not fools. They are brilliant, far-sighted plotters who became immensely powerful by devious Machiavellian planning, and by infiltrating, subsidizing and controlling their opposition.

Plain old-fas.h.i.+oned common sense insists that the Rockefellers know something about Communism that we do not. Since they subsidize it and do not fear it, logic tells us they are either partners with the Communist hierarchy - or they control it.

But if this is true, how do the Rockefellers keep their partners from taking the gun and turning it against their secret backers? We do not pretend to know that answer. There has to be a control mechanism. The Rockefellers would not be so foolish as to let a compet.i.tor put a pistol to their heads-let alone provide the pistol. So we must conclude once again that the Rockefellers know something that we do not.

Certainly this ultimate secret is known only to the top handful of the conspirators. No researcher is going to learn the answer by pouring over the New York Times at his local library.

Because we cannot identify the control mechanism, or describe how it works, many will ridicule our thesis. But, how do they explain the fifty-year Rockefeller program to build the power of Communism?

Since the days of John D. Sr., the Rockefellers have prided themselves on their intelligence-gathering capabilities. They know more about their compet.i.tor opponents than those compet.i.tors know about themselves. You can bet your bippy that the Rockefellers are not naive about the Communists.

But let us a.s.sume that they are. Let us a.s.sume that in the end the Rockefellers will be the major victims of the Communist empire they have played such an important role in creating. a.s.sume that it has all been done out of sheer stupidity and greed. Where does that put us? Right in the Gulag Archipelago along side them, that's where it puts Either way you lose. The Big Red Machine may or may not devour the Rockefellers. We are convinced it will not, because we believe the Rockefellers and their allies control the comrades who control the guns. But the question is rather academic, because the whole purpose of the Big Red Machine is to swallow us! And unless some big changes are made mighty quickly, that's exactly what it will do.

Chapter Ten.

The People Planners The Rockefellers learned nearly a century ago that there are two standard ways for one of their companies to absorb another corporation. If the firm to be acquired is much smaller, a ”take over” is the simplest procedure: buy em out.