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About the CIA and Wall Street…
Regarding the latest revelations from Snowden/Greenwald, some were asking about the connections between Wall ST. & the spook community. As I said on that thread, I've always taken for granted the connection between the 2 entities. Here's more on all of that:
http://www.informationclearinghouse.info/article30605.htm
Rise of the National Security State
The CIA’s links to Wall Street
By Mark Gaffney
February 21, 2012 "Information Clearing House" --- One of the most successful frauds ever perpetrated upon the American people is the notion that the CIA exists to provide intelligence to the president. In fact, the CIA’s intimate links to Wall Street strongly suggest that the CIA was created to serve the perceived interests of investment bankers. The well documented links to Wall Street can be traced to the founding of the agency.
According to former CIA director Richard Helms, when Allen Dulles was tasked in 1946 to “draft proposals for the shape and organization of what was to become the Central Intelligence Agency,” he recruited an advisory group of six men made up almost exclusively of Wall Street investment bankers and lawyers. Dulles himself was an attorney at the prominent Wall Street law firm, Sullivan and Cromwell. Two years later, Dulles became the chairman of a three-man committee which reviewed the young agency’s performance. The other two members of the committee were also New York lawyers.i For nearly a year, the committee met in the offices of J.H. Whitney, a Wall Street investment firm.ii
According to Peter Dale Scott, over the next twenty years, all seven deputy directors of the agency were drawn from the Wall Street financial aristocracy; and six were listed in the New York social register.iii So we see that from the beginning the CIA was an exclusive Wall Street club. Allen Dulles himself became the first civilian Director of Central Intelligence in early 1953. The prevalent myth that the CIA exists to provide intelligence information to the president was the promotional vehicle used to persuade President Harry Truman to sign the 1947 National Security Act, the legislation which created the CIA.iv But the rationale about serving the president was never more than a partial and very imperfect truth.v
Col. L. Fletcher Prouty, an early critic of the agency, has referred to this oft-repeated notion as “the CIA’s most important cover story.”vi In his important book The Secret Team, Prouty argues that the cover story was actually a front for the CIA’s main interest, what he calls “fun and games,” in other words, clandestine operations.vii
Prouty was in a position to know the facts. For nine years, from 1955 - 1964, he served as the focal point for contacts between the CIA and the Pentagon on matters pertaining to “special operations,” officialese for covert activities. In this capacity Prouty worked directly with CIA Director Dulles and his brother John Foster, who was then Secretary of State, and also with several different Secretaries of Defense and chairmen of the Joint Chiefs, and many other government officials. Col. Prouty’s work with the CIA took him to more than sixty countries and to CIA offices, hot spots, and covert activities all around the world.
The CIA’s links to Wall Street
By Mark Gaffney
February 21, 2012 "Information Clearing House" --- One of the most successful frauds ever perpetrated upon the American people is the notion that the CIA exists to provide intelligence to the president. In fact, the CIA’s intimate links to Wall Street strongly suggest that the CIA was created to serve the perceived interests of investment bankers. The well documented links to Wall Street can be traced to the founding of the agency.
According to former CIA director Richard Helms, when Allen Dulles was tasked in 1946 to “draft proposals for the shape and organization of what was to become the Central Intelligence Agency,” he recruited an advisory group of six men made up almost exclusively of Wall Street investment bankers and lawyers. Dulles himself was an attorney at the prominent Wall Street law firm, Sullivan and Cromwell. Two years later, Dulles became the chairman of a three-man committee which reviewed the young agency’s performance. The other two members of the committee were also New York lawyers.i For nearly a year, the committee met in the offices of J.H. Whitney, a Wall Street investment firm.ii
According to Peter Dale Scott, over the next twenty years, all seven deputy directors of the agency were drawn from the Wall Street financial aristocracy; and six were listed in the New York social register.iii So we see that from the beginning the CIA was an exclusive Wall Street club. Allen Dulles himself became the first civilian Director of Central Intelligence in early 1953. The prevalent myth that the CIA exists to provide intelligence information to the president was the promotional vehicle used to persuade President Harry Truman to sign the 1947 National Security Act, the legislation which created the CIA.iv But the rationale about serving the president was never more than a partial and very imperfect truth.v
Col. L. Fletcher Prouty, an early critic of the agency, has referred to this oft-repeated notion as “the CIA’s most important cover story.”vi In his important book The Secret Team, Prouty argues that the cover story was actually a front for the CIA’s main interest, what he calls “fun and games,” in other words, clandestine operations.vii
Prouty was in a position to know the facts. For nine years, from 1955 - 1964, he served as the focal point for contacts between the CIA and the Pentagon on matters pertaining to “special operations,” officialese for covert activities. In this capacity Prouty worked directly with CIA Director Dulles and his brother John Foster, who was then Secretary of State, and also with several different Secretaries of Defense and chairmen of the Joint Chiefs, and many other government officials. Col. Prouty’s work with the CIA took him to more than sixty countries and to CIA offices, hot spots, and covert activities all around the world.
5 replies
= new reply since forum marked as read
= new reply since forum marked as read
But I havent given up. 
