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1937 < 1938 < 1939 < 1940 < 1941 < 1942 < 1943 <1944 < 1945 < 1946 < 1947 > 1948 > 1949 > 1950 > 1951 > 1952 > 1953 > 1954 > 1955 > 1956 > 1957

Decade.png 1940s: )    Year.png 1947 Rdf-icon.png
Nominally an intelligence agency, the CIA quickly went beyond its information gathering brief, to become a covert action arm of Wall St. This was later to morph into the US Deep State.

1947 saw the Bretton Woods agreement, which was central to establishing the petrodollar and the US dollar as the world's reserve currency.


Full article: CIA

In 1947, Harry Truman signed the National Security Act, which created the CIA, something he later came to regret. The first Director of Central Intelligence, Roscoe H. Hillenkoetter, authorised the CIA to carry out covert actions in Italy in 1947 to try to hinder the Italian communists in the elections.

Operation Embarrass

Full article: Operation Embarrass

This was series of 5 false flag bombings carried out by MI6 in 1947 and 1948. They targetted boats carrying Jews to Israel, in an effort to control Jewish migration, but blamed Palestinians. This conspiracy was kept secret for over 60 years, until MI6 themselves exposed the attacks themselves by including them in the archives shown to Keith Jeffery for his official history of the organization.



Tuskegee syphilis experiment1932 - 1972
Morgenthau Plan16 September 1944 - 5 May 1955
Operation Paperclip8 May 1945 - 1990
Guatemala syphilis experiment1946 - 1953
Doctors' trial9 December 1946 - 20 August 1947
Cold War1947 - 1991
Project CHATTER1947 - 1953
Operation Embarrass14 February 1947 - 1948

New Groups

United States National Security CouncilSeal Of The President Of The United States Of America.svg1947 - Present
Chartered Management InstituteGroup.png1947 - Present
CIAIntelligence agencyThe most high profile of the US intelligence agencies, a covert agent of foreign policy. Funded by a 'black budget' derived from the global drug trade, the CIA is experienced at assassination, blackmail, instigating coups and other such covert deep state actions. Its scrutiny in the early 1970s however led to the development of more secure bases for the most sensitive deep state operations.

==A Quotation== 

Related Quotation

Parastate“The immediate concern of the United States was Europe, where it appeared that the French and Italian communist parties might be elected to power in 1948. From the beginning of the postwar era, Washington looked for assets and proxy armies of its own to combat the threat perceived from the Soviet Union and China. Some of these proxies like the the nationalist Chinese Kuomintang (KMT) troops in Burma or the Mafia's in Italy and Marseilles soon outgrew their US support to become de facto regional players or parastates, exhibiting some but not all of the properties of states in their own right. From 1945-1947, elements in the US army conspired to maintain contacts with former German anti-communists in Europe and their German army commander, General Reinhard Gehlen. 5 men were involved of whom 3 (William J. Donovan, Allen Dulles and Frank Wisner) were representatives of the Wall St. overworld and also of the New York Social Register which listed the members of New York high society. They were awaiting a new agency to succeed Donovan's Office of Strategic Services (OSS) and take over the Nazi's ethnic armies in Eastern Europe. But the idea of a centralised intelligence agency encountered fierce competitive opposition from the FBI's J. Edgar Hoover who was backed at first by elements of Army intelligence. Although it took 2 years to overcome their opponents, the Wall Street lawyers and bankers in Truman's administration succeeded in 1947 in establishing CIA, which would report to the president through the new National Security Council (NSC). This new agency, based on the precedent and personnel of the OSS had been urged on Washington by the War/Peace studies of the Council of Foreign Relations in the early 1940s. It was reinforced by a report commissioned in 1945 by Navy Secretary James V. Forrestal. The report was written by Ferdinand Eberstadt who like Forrestal was a private Wall Street banker from the investment bank, Dylan Reed. As CIA director Richard Helms narrates in his memoirs Allen Dulles, then a Republican lawyer in Sullivan and Cromwell in New York was recruited in 1946 to draft proposals for the shape and direction what was to become the new CIA. in 1947 Dulles promptly formed an advisory group of 6 men, all but one of whom were Wall St investment bankers or lawyers.”Peter Dale Scott