"Of course, members of the dynastic banking families had been financing the Russian-oriented revolutionists for many years. Trotsky, in his biography, refers to some of these loans from British financiers going back as far as 1907. By 1917 the major subsidies for the revolution were being arranged by Sir George Buchanan and Lord Alfred Milner (of the Morgan-Rothschild-Rhodes confederacy). Milner, it will be recalled, was the founder of England’s secret “Round Table” group which started the Royal Institute for International Affairs in England and the Council on Foreign Relations in the United States. One American source gave Trotsky, Lenin and the other Communist leaders around twenty million dollars for the final triumph of Bolshevism in Russia. This was Jacob Schiff of Kuhn, Loeb and Company."
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The Naked Capitalist (Salt Lake City, 1970), pp. 40–41
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Reader comments about this quote:
Truth in facts trumps the lies of the current statist theocracy.
 -- Mike, Norwalk     
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    I think I would like to reread the book "The Naked Capitalist" by W. Cleon Skousen. I read it years ago and it found it very interesting.
     -- Charles Young     
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    Lots of folks claim that rich Jews promoted Communism, but their stories are not convincing. People who hate Jews make up quotations that reflect their opinions of what Jews really believe. On the other hand, the fact that something is said by prejudiced person does not make it false. Is there a real quotation from Trotsky saying that he received money? Are there any other believable sources for such tales?
     -- Pondurenga Das, Berkeley     
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    All of todays quotes point to the conspiracy by banking and well placed folk to build institutes and councils and organizations in order to conspire to create and maintain bolshevism and a new world order and yet boshevism collapsed and the new world order is always changing and evolving (there is and always be a world order and it is new every day). What does the failure of bolshevism and the constant change in the world order say about the effectiveness of these orgs. and/or the utter untruthfulness or at least inaccuracy of the quotes.
     -- Waffler, Smith     
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    Even Woodrow Wilson seems to have been pulled into this "New Order!" He ran a second term on the theme of keeping the U.S. out of the war, then decided we need to go to war to get rid of the old order in these countries. What a backlash when the Tsar fell and Hitler was elected in Germany's new democracy!
     -- cal, lewisville, tx     
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    Generation after generation, the families and associates of the banking elite remain diligent and opportunistic in their goal of absolute control and slavery.
     -- J Carlton, Calgary     
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    Waffler will never get it. The Communists call people like Waffler useful idiots.
     -- jim k, austin     
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    An excellent watch dog of history.
     -- Roy, Fort Worth     
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    This is common knowledge among any of us who have studied the history of the Federal Reserve. Schiff and others also established the Federal Reserve during this same time. Bolshevism is merely the destruction of the wealthy and middle classes putting the poor masses under the thumb of the communist rulers who stole everything they have from everyone else not standing. It was a robbery of the nation, and of course was not meant to do anything but enslave the people. Bolshevism may appear to have fallen, but only in name -- the 10 planks of Communism have been implemented in nearly every 'civilized' nation today!! Communism isn't dead -- it has only changed its name -- just read any of Waffler's posts, and you will hear the same ideology propped up with a willful ignorance of the long term effects -- according to him, 'better Red than dead.'
     -- E Archer, NYC     
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    How about banks in America supporting Hitlers rise to fame and other right-wing dictatorships - the list goes on and on and on and the rhetoric is very tiring.
     -- RBESRQ     
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    Russia was known for persecution of the Jews, so why is it surprising to find the Jews financing a revolution? It's two birds with one stone. Get rid of those who persecute you even as you count your profits on the loans; all in the comfort of you vast estates in Great Britain and France. Who was it who preached about the miracle of compound interest?
     -- J. B. Wulff, Bristol, CT     
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    Communism fell of its own wait Jim K. What does its' fall say about the ability of these conspirators and world financiers to keep it alive and proped up. Answer a question man answer a question! If the conspiracy was and is so great why did Russia and all of the Eastern states reject communist totalitarian socialism? With out a conspriacy to attack you would not have anything to talk about and that is the shame of the matter.
     -- Waffler, Smith     
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    Waffler, in life you are either a user or used because freedom calls for people who are non users and slavery calls for people who are users. Some say the users of the new world order will finally bring peace with constant war against those who break their version of peaceful enslavement of the world such as the willing European countries are embracing now along with Canada and Australia. I say it can't so therefore won't work because the respect of individual life is not important to the success of the world achievement of peace at the end of a barrel. Fact of history and human nature, if you don't respect them (peoples lives), you'll never have peace.
     -- Anon     
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    Waffler, you miss the point. It is about POWER not communism. The Bolshevik Revolution was financed by the above-mentioned entities -- Bolshevism was the ploy to get the masses behind the revolution. What was the result? Not a wonderful utopian country, no, but a completely ROBBED and plundered nation under the thumb of a LEFT-WING DICTATOR. (RBESRQ, tell me who the right-wing dictators are, the left-wing dictators were/are Lenin, Stalin, Hitler, Mussolini, Castro, Chavez, Ortega... -- communism/socialism/fascism is the leftist ideal.) So what if "communism failed" -- all of the property of Russia and its citizens was still stolen -- the people were duped just as the Americans are being duped and plundered. It is not conspiracy, it is history, and the same system of plunder has been established in the US and around the world. Just as the tripling of the debt by the Demos will rob us further and push us ever to the left at the expense of our rights and property. And it is the same f@cking people doing the same f@cking thing while ignoramuses like Waffler kneel or bend over... We are becoming a nationalist state under the command of the money masters using democratic (sic) socialism as the vehicle for taking over the country. Everyone is in debt now, nearly 1 out of 10 people are without work, we consume more than we produce -- something's gotta give. I do believe that the Wafflers of this world are starting to get it, but as long as they keep getting a check in the mail, they will crouch down and lick the hand that feeds them.
     -- E Archer, NYC     
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    Bolshevism was the "Hope and Change" of it's day.
     -- Ken, Allyn, WA     
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    Archer knows little of history or historical definition. Hitler was aided and abetted by the west as an answer to communism. Hitler was a red baiter and Russia and International Communism was his enemy. He therefore was a right winger. He said "socialism okay but National Socialism not internationalism". Like all right wingers he hated internationalism and was a racist and bigot. One day Archer is all for capitalism and the next day he complains about the money masters. Try to figure the guy out I give up.
     -- Waffler, Smith     
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    PS: Don't anyone ever forget Archer is the one who said that the US economy and the US government was going to fall apart after the fall market crash of '08. He said it will be a disaster and it will not look pretty but he implied that it was a necessary disaster. Now 10 months later the recession is considered over by those in the know and Bernanke has been reconfirmed because of his brilliance and steady guiding hand. Archer is the heart and soul of doom and gloom. Can we trust this guys opinions, I know we cannot trust his facts or prognostications. There have always been guys who claim that the sky is following so I guess we have to get use to ignoring them.
     -- Waffler, Smith     
  •  
    You are ready for the second crash of the double dip, aren't you Waffler?
     -- Anonymous     
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    Waffler, it's like I said, there's nothing wrong with free enterprise and the owners having the right of privacy as long as the buisness being done doesn't violate the rights of one individual without his uncoerced willing consent. It's simple, violate a right, commit a crime. You know as well as I do Archer complains about the system of money we use thus his complaint about the money masters who plunder everybody and use their control over centralized corporations to destroy free enterprise where capitalism has its roots. Corporatism should be outlawed as it is a foreign jurisdicition of laws existing in America and as such a threat to freedom.
     -- Anon     
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    Waffler, I feel left out, in your next post, please reference me as one of those guys who claims the sky is falling. I'm also one of those guys who would rather live by the rule of law than by the rule of man AND, references back to: those who forget history are doomed to relive it. The industrial base of the US has been diminished for many of the same reasons and, by many of the same methods as was the old Soviet Union. The Fed, Obamunist and friends (fascists too), secret combinations, et.al. have destroyed any ability for a real recovery of America's once substantive wealth (all but the spirit and faint glimmer of capitalism has been extinguished within the US - most definitions and examples have been corrupted). The great collapse is yet to occur while, it is not to far off (I highly suspect it will occur before Obamunist's term is over)
     -- Mike, Norwalk     
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    Too funny, Waffler! Yeah, from a communist point of view, Hitler was 'right-wing.' Redefining the meaning of words doesn't change facts. Socialism is on the left -- pure and simple, every one knows that. Yes, Hitler was financed by American finance just like the Russian Revolution. Why would Hitler want international socialism -- he didn't want to be under the control of another country or alliance of socialist countries -- he was trying to take over all of Europe not join with the Russians. The money powers in the early 20th century are responsible for all the wars that eventually centralized power into fewer and fewer hands. Whether your brand of socialism is Leninist or Fabian, its goal is still the same: world domination under a central banking cartel. Power cares not for its political affiliations -- the purpose is plunder, and they do it any way they can. The money trust finances all sides -- war is the best way to indenture a nation. By ignoring central banks and the flow of money to fund war, we lose sight of the real masters -- the ones that create money out of thin air to buy bombs to plunder another country. As far as capitalism goes, if there is an entity that can cheat in the game and print up all the money they need to wage a war against another, well, that ain't capitalism, it is totalitarianism. I am for free markets, but with a fiat money system, the game is fixed in the bankers favor. Banking monopolies are not capitalism, but they are a central plank in the Communist Manifesto. And as far as my predictions in 08 (and years earlier), well, if you do not think that the economy has crashed (and is still crashing) you are living in a dream world (or living off a government pension). And with the massive creation of debt literally doubling the money supply without a gain in GDP, it is only a matter of time that the purchasing power of a dollar will be but a fraction of what it is today. Waffler may not be able to figure this out, but anyone with half a brain who really wants to understand can grasp it. Waffler is too committed to his leftist stand and therefore must turn off any reasoning or conscience. The system of plunder in use today is responsible for the deaths of MILLIONS (and millions more to come) as well as the transformation of the USA into a socialist oligarchy. I hope you are proud of yourself, Waffler -- I am sure you would have been on the side of the Tories during the American Revolution for you do not value the rights of anyone except so-called 'authorities.'
     -- E Archer, NYC     
  •  
    Capitalists and freemen are always optimistic, since I am I must be both. You sour apple guys are neither. All I know Archer the S&P is up all most 2% today and so am I. What Archer is saying in his last sentence and so many so on this web site is that they want to be authorities but since they have no real knowledge or authority out of desperation for the miserable state of accomplishment they find themselves in they will lash out at anything and everything that appears to them to have knowledge or authority. Mike's immature use of the term Obamaunist for example is about as childish an expression I have heard only to be exceeded by his stupid repetitive phrase "compelled compliance" when he could just as easy join the human race and say that he is aganist law in all of its forms.
     -- Waffler, Smith     
  •  
    "All I know Archer the S&P is up all most 2% today and so am I." Gee, spoken like a real man of the common people -- not. What a selfish, ignorant, little man you are, Waffler. Let's see, 2 million foreclosures, 20 million unemployed, government take-over of the largest banking and manufacturing businesses in America, 24% loss of purchasing power of the dollar in the last decade, a tripling of the government debt during Obama's term alone, and WHOOPIE a 2% gain in S&P this week! 2% of nothing is still nothing. And the dollar continues its long slide. Yeah, "All I know" from Waffler ain't worth a plug nickel.
     -- E Archer, NYC     
  •  
    I'm a capitalist isn't that what we are suppose to be. I thought you liked capitalist and hated socialists, which is it man. Now all you are talking ablut is the little people and their socialist problems.
     -- Waffler, Smith     
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