Antony C. Sutton, Research Fellow at the Hoover Institution at Stanford University, was author of the authoritative three-volume series, Western Technology and Soviet Economic Development. It documented how powerful interests in the United States and Western Europe created the Soviet Military Industrial Complex during the Cold War.
Surveying every possible source of information, in five languages, and regarding every industry, physical plant capacity, and technological development in the Soviet Union since 1917, Sutton proved “there is no such thing as Soviet technology,” but technology transferred from the Western bloc countries by physical force, monopolistic concessions, espionage, harassment, breach of contract, or numerous other unsavory methods.
Check out chapter 3 of his amazing book, The Best Enemy Money Can Buy.
A key component in this process was the Export-Import Bank. The Bank is financed through your taxes. It helped build the Kama River Complex in the former USSR.
This truck factory was the largest in world, thirty six square miles in area. It produced over 250,000 heavy trucks, tanks, and armored personnel carriers each year. During the Vietnam War it built the trucks that carried supplies down the Ho Chi Minh Trail to North Vietnamese troops fighting American soldiers.
Later it was Kama River Soviet military vehicles which invaded Afghanistan in December 1979, traveling on a highway built from the Soviet border to Kabul, a joint construction project of the US and Soviet governments in the 1960s during the Vietnam War.
The head of the Export Import Bank during the Nixon administration which authorized the financing and building of the Kama River Complex was William J. Casey, later CIA director under Ronald Reagan.
The Export-Import Bank is the quintessential example of crony corporatism. In 2008 “presidential candidate” Barack Obama called the Export-Import Bank “litttle more than a fund for corporate welfare.”
However “President” Barack Obama recently signed a bill which again reauthorized the life of the Export-Import Bank. Uber-progressive Senator Elizabeth Warren was a strong supporter of this bill.
Perhaps supporters of her 2016 presidential run should ask her which enemy are we going to subsidize and sustain next?
We already know how Obama has performed on that account.
5:27 am on July 21, 2014
