As I’ve written before, Hitler’s rise and demise were facilitated by the PE. In 
the same year (1942) the Nazi agent Paul Dickoff went underground into 
Switzerland and the U.S. was already in the war, “Standard Oil of New Jersey 
managers shipped the enemy’s fuel through neutral Switzerland and the enemy was 
shipping Allied fuel.



THE POWER ELITE AND THE SECRET NAZI PLAN
PART 1







By Dennis L. Cuddy, Ph.D.
February 23, 2009


[NOTE: As I’ve written many times before, the goal of the Power Elite (PE) is a 
World Socialist Government. Critical to coercing Americans to accept Socialism 
is the nationalization of key sectors of the economy, such as banking. I’ve 
indicated in the past that this type of coercion would be brought about by an 
economic crisis, such as the one we are currently experiencing. Relevant to 
this, Jon Meacham and Evan Thomas wrote “We Are All Socialists Now” (Newsweek, 
Feb. 16, 2009), and Matthew Richardson and Nouriel Roubini wrote “Nationalize 
the Banks! We’re all Swedes Now!” (The Washington Post, Feb. 15, 2009) which 
begins: “The U.S. banking system is close to being insolvent, and unless we 
want to become like Japan in the 1990s—or the United States in the 1930s—the 
only way to save it is to nationalize it.” Even Republican Sen. Lindsey Graham 
on ABC’s “This Week” (Feb. 15, 2009) indicated we should consider the 
possibility of nationalizing banks. 

[And in case you think this crisis happened accidentally, just consider the 
fact that “the Securities and Exchange Commission (SEC) waived the 12 to 1 
leverage ratios for the five biggest investment banks. Those banks then 
leveraged 40 to 1 and collapsed the worldwide financial system” (January 5, 
2009 Financial Sense editorial by James Quinn of the Wharton Business School). 
Do you really believe no one could see what the disastrous results of going 
from 12 to 1 leveraging to 40 to 1 would be? When these banks started taking 
losses, Quinn has also pointed out, their capital was immediately wiped out and 
the problem was dumped in the taxpayers’ laps.]

In previous columns, I’ve mentioned the secret Nazi plan described in American 
official Sumner Welles’ The Time for Decision (1944). It was a plan (for a Nazi 
loss in WWII) which would come to fruition two generations later. It included 
Nazi agents going underground into two successive countries to avoid detection 
(Paul Dickopf went underground into Switzerland in 1942). These agents would 
eventually rise to positions of power in those second nations. 

Welles must have learned of this secret plan when he was on friendly terms with 
the Nazi leadership long before the U.S. entered WWII. A Google search of 
“sumner welles portraits” shows a photograph of Welles and Hermann Goering on 
March 19, 1940. But why almost two years before the U.S. entered WWII would the 
Nazis plan for a loss? And why after WWII was there never an investigation of 
this secret plan? Robert Ludlum in his fictional The Apocalypse Watch referred 
to “The Brotherhood of the Watch” a global neo-Nazi secret organization formed 
in the days after the Third Reich’s defeat and exposed about 50 years later.

As I’ve written before, Hitler’s rise and demise were facilitated by the PE. In 
the same year (1942) the Nazi agent Paul Dickoff went underground into 
Switzerland and the U.S. was already in the war, “Standard Oil of New Jersey 
managers shipped the enemy’s fuel through neutral Switzerland and the enemy was 
shipping Allied fuel. The Chase Bank in Nazi-occupied Paris after Pearl Harbor 
was doing millions of dollars worth of business with the enemy with the full 
knowledge of the heard office in Manhattan. Ford trucks were being built for 
the German occupation troops in France with authorization from Dearborn, 
Michigan. Col. Sosthenes Behn, head of ITT, flew from New York to Madrid to 
Berne during the war to help improve Hitler’s communications systems and 
improve the robot bombs that devastated London. And ITT built the Focke-Wulfs 
that dropped bombs on British and American troops.” (Charles Higham’s Trading 
With the Enemy, p. xv).

As I’ve also written before, I.G. Farben’s war industries (e.g. chemicals, 
rubber, etc.) staffed and directed Hitler’s intelligence section and ran the 
Nazi slave labor camps. So why at the end of WWII were 87% of Farben’s 
industries still intact? 

At the end of the war, U.S. Justice Department attorney James Stewart Martin 
(author of All Honorable Men, 1950) went to Germany to sort out the 
relationship of American and German businesses during the war, but he was 
thwarted in his efforts, saying: “We had not been stopped in Germany by German 
businesses. We had been stopped in Germany by American business. The forces 
that stopped us had operated from the United States but had not operated in the 
open. We were not stopped by a law of Congress, by an Executive Order of the 
President, or even by a change of policy approved by the president…. In short, 
whatever it was that stopped us was not ‘the government.’ But it clearly had 
command of channels through which the government normally operates. The 
relative powerlessness of government… is of course not new…. National 
governments have stood on the sidelines while bigger operators arranged the 
world’s affairs.” Relevant to this, it’s important to remember that the PE is 
NOT the government of any country, but the PE’s agents are IN the governments 
of countries. 

In order to explain what the PE was doing, it is important to look at how they 
operate, and John J. McCloy as an agent of the PE is a useful example of this 
regard. In the 1930s, PE agent McCloy’s law firm of Cravath, de Gersdorff, 
Swaine & Wood were attorneys for I.G. Farben. This is perhaps one reason McCloy 
sat in Hitler’s box at the 1936 Olympics in Berlin (because the PE is neither 
right nor left politically, McCloy in late July 1961 went swimming with Soviet 
leader Nikita Khrushchev in the Black Sea). 

On October 29 of the same year (1936), American Ambassador to Germany William 
E. Dodd wrote to President Wilson’s chief advisor Col. Edward M. House 
expressing his surprise and wonder that “in spite of all the debts and all the 
huge losses since the great war, more than a hundred of our greater 
corporations have subsidiaries here and are of course involved in a great deal 
of the acute business which goes on. At the same time no corporation can take 
profits out of the country, although some I am told earn as much as half a 
million dollars a year…. Yet a great many of these corporations are supplying 
the means for rearmament, actually supplying arms. It’s strange to me that they 
are willing to risk the property of their stockholders in such a way.”


Four years later, Skull & Bones member Henry Stimson went to Washington to 
become President Franklin Roosevelt’s Secretary of War, and he brought McCloy 
with him as Assistant Secretary of War. To demonstrate the importance of 
McCloy, Stimson would later question “whether anyone in the Administration ever 
acted without having a word with McCloy.”


McCloy’s lawfirm had as one of its clients the Rockefeller family, and during 
WWII McCloy was a senior member of John D. Rockefeller III’s intelligence 
group, the State-War-Navy Coordinating Committee (SWNCC). With this background, 
McCloy established the highly secret U.S. Army’s Psychological Warfare Division 
at the time of D-Day in 1944. It was also during this time from 1940 to 1946 
that American Thomas Harrington McKittrick (an associate of J.P. Morgan 
Banking) was president of the Nazi-controlled Bank for International 
Settlements (BIS) where $378 million of the Nazis’ looted gold had been sent.

© 2009 Dennis Cuddy - All Rights Reserved

Dennis Laurence Cuddy, historian and political analyst, received a Ph.D. from 
the University of North Carolina at Chapel Hill (major in American History, 
minor in political science). Dr. Cuddy has taught at the university level, has 
been a political and economic risk analyst for an international consulting 
firm, and has been a Senior Associate with the U.S. Department of Education. 

Cuddy has also testified before members of Congress on behalf of the U.S. 
Department of Justice. Dr. Cuddy has authored or edited twenty books and 
booklets, and has written hundreds of articles appearing in newspapers around 
the nation, including The Washington Post, Los Angeles Times and USA Today. He 
has been a guest on numerous radio talk shows in various parts of the country, 
such as ABC Radio in New York City, and he has also been a guest on the 
national television programs USA Today and CBS's Nightwatch.

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