TODAY   |  December 24, 2013

Was ‘Wonderful Life’ communist propaganda?

A report by the FBI once claimed that the classic holiday film “It’s A Wonderful Life’ was un-American and was created as a “communist trick” to discredit American bankers.

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This content comes from Closed Captioning that was broadcast along with this program.

>> here's one that sounds hard to believe. when we think of its a wonderful life you think true american classic , right? but when it was released in 1946 , the fbi actually considered it to be communist propaganda . according to newly released documents, the feds felt the movie represented an obvious attempt to discredit bankers by casting him as a scrooge type so he would be the most hated man in the victim but in 1947 one critic said it's a poignant tale that proves money could be used for bad and good.

>> so it was on the fbi propaganda list?

>> yeah. unbelievable.

>> i have to watch the movie.

>> dylan has never seen it's a wonderful life .

>> didn't that movie beat out elf in the competition.

>> yeah.

>> that was a problem in and of itself right there.

>> dylan maybe you can watch it tonight and see if you spot the communist propaganda .