Wall Street and the Bolshevik Revolution

For those who don't have time to read the whole book, I'm going to hit the extreme highlights, which is hard to do because the claims made are so incredible and run counter to everything you've been taught, I have this overwhelming need to document everything I say. But suffice to say, the documentation can be found in the book itself so you know I'm not blowing this stuff out of proportion.

To start off with, we have a lot of confustion today about labels: Is a communist the opposite of a fascist? Are socialists different than communists and so on. Dr. Sutton explains the confusion away in the very first chapter:
On the other hand, it may be observed that both the extreme right and the extreme left of the conventional political spectrum are absolutely collectivist. The national socialist (for example, the fascist) and the international socialist (for example, the Communist) both recommend totalitarian politico-economic systems based on naked, unfettered political power and individual coercion. Both systems require monopoly control of society. While monopoly control of industries was once the objective of J. P. Morgan and J. D. Rockefeller, by the late nineteenth century the inner sanctums of Wall Street understood that the most efficient way to gain an unchallenged monopoly was to "go political" and make society go to work for the monopolists — under the name of the public good and the public interest. This strategy was detailed in 1906 by Frederick C. Howe in his Confessions of a Monopolist.

read the rest at:
http://therepublicanmother.blogspot.com/2011/11/wall-street-...