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kentuck

(111,053 posts)
Sat Aug 17, 2013, 02:08 PM Aug 2013

There was an attempted coup d'etat by Big Business to overthrow FDR in 1934...

It was exposed by General Smedley Butler, he of the famous "war is a racket" quote.

Those that minimize the present threats might take a second look at what happened in 1934. The names of the businesses and businessmen were never fully publicized to the American people.

Here is a short article that explains some of the machinations and the people involved:

http://www.indybay.org/newsitems/2009/11/08/18628134.php

<snip>

The McCormack-Dickstein Congressional Committee hearings confirmed Gen. Butler's story and swore initially it would question all parties involved. However, the Committee's final report was a whitewash. It called only Gerald MacGuire, a go-between, who possessed neither resources nor connections to organize such a plot. It covered up the involvement and protected the reputation of wealthy conspirators by not determining the source of the large sums MacGuire spent or said higher ups would provide. No prosecutions or further investigations followed.

There is an old maxim which says, "If you want to get to the bottom of a conspiracy, follow the money!" Preserving their wealth and power is the reason US businessmen plotted to overthrow FDR. First and foremost, businessmen like Henry Ford, John D. Rockefeller, John and Allen Dulles, Prescott Bush and George Herbert Walker admired Hitler and Mussolini. Although at the point of the gun, fascists used a strong hand protecting business. They were ruthless dealing with labor unions and social unrest, which is what these men wanted in the US.

Next, the Great Depression brought thousands of WWI veterans to Washington, D.C. on July 17, 1932. Led by a former sergeant, Walter W. Waters, they pitched tents around the city and demanded payment of bonuses granted them under the Adjusted Service Certificate Law of 1924. Gen. Butler encouraged them to fight Hoover as though he was the Kaiser to get what they deserved. Hoover refused to meet with them and ordered the US Cavalry to remove them and their campsites. A Republican, Gen. Butler threw his support to Roosevelt for president.

By the end of Roosevelt's "First 100 Days," America's richest businessmen were in a panic. They felt Roosevelt intended to conduct a massive redistribution of wealth from the rich to the poor. Gen. Butler's testimony described a plot only powerful men with money could design. First, they planned to create a fascist army, like Italy's Black Shirts and Germany's Brown Shirts, for Butler to lead. MacGuire claimed to have 500,000 war veterans from the American Legion and each man was a leader of 10 others, equaling 5 million men, if needed. A second fascist army was to be recruited from the Civilian Conservation Corps (CCC) and financed with $700 million. Arms and equipment would be obtained from the Remington Arms Co. and supplied by the Du Pont family. They would model their forces after the Croix-de-Feu in France, one of several fascists groups MacGuire studied while touring Europe.

......more

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There was an attempted coup d'etat by Big Business to overthrow FDR in 1934... (Original Post) kentuck Aug 2013 OP
I'm afraid the one that is happening now is more than an attempt. They are being successful this liberal_at_heart Aug 2013 #1
More interesting details: kentuck Aug 2013 #2
An interesting quote by General Butler: kentuck Aug 2013 #3
Another interesting coincidence in regards to McQuire... kentuck Aug 2013 #6
The Oligarchs And Corporations Own And Control The Politicians That Own And Control Us cantbeserious Aug 2013 #9
It's a done deal. nt Enthusiast Aug 2013 #18
It's really shocking A Little Weird Aug 2013 #4
And then they found they could buy and co-opt the government and big unions off easier (cheaper) jtuck004 Aug 2013 #5
First, they planned to create a fascist army, like Italy's Black Shirts and Germany's Brown Shirts azurnoir Aug 2013 #7
They didn't need a coup. They just needed Citizens United. Initech Aug 2013 #8
Now they have their private armies malaise Aug 2013 #10
^ Wilms Aug 2013 #11
"The Plot To Seize The White House" is available at amazon.com. if you want to read more. unhappycamper Aug 2013 #12
K&R Thanks Kentuck for another great post! B Calm Aug 2013 #13
The Wall Street cabal learned its lesson deutsey Aug 2013 #14
I ordered the book about 3 weeks ago. bluedeathray Aug 2013 #15
If you're interested in history, "Legacy of Ashes" is another good title. unhappycamper Aug 2013 #16
Thanks! bluedeathray Aug 2013 #17
Not to worry. It can't happen here...............nt Enthusiast Aug 2013 #19
K&R For General Butler. Egalitarian Thug Aug 2013 #20

kentuck

(111,053 posts)
3. An interesting quote by General Butler:
Sat Aug 17, 2013, 02:52 PM
Aug 2013

"I helped make Mexico and especially Tampico safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefit of Wall Street. The record of racketeering is long. I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-12. I brought light to the Dominican Republic for American sugar interests in 1916. I helped make Honduras "right" for American fruit companies in 1903. In China in 1927 I helped see to it that Standard Oil went its way unmolested.... Looking back on it, I felt I might have given Al Capone a few hints. The best he could do was to operate his racket in three city districts. We Marines operated on three continents."

http://www.damninteresting.com/the-revenge-of-the-fighting-quaker/

kentuck

(111,053 posts)
6. Another interesting coincidence in regards to McQuire...
Sat Aug 17, 2013, 04:18 PM
Aug 2013

After he said is was all a joke, just a publicity stunt...

From same link:

Moreover, one month after the report was issued, Gerald MacGuire died of natural causes at the age of thirty-seven, eliminating the only witness with insight into the shadowy cabal.

 

jtuck004

(15,882 posts)
5. And then they found they could buy and co-opt the government and big unions off easier (cheaper)
Sat Aug 17, 2013, 04:00 PM
Aug 2013

than a bloody war.

And here we are...

azurnoir

(45,850 posts)
7. First, they planned to create a fascist army, like Italy's Black Shirts and Germany's Brown Shirts
Sat Aug 17, 2013, 04:25 PM
Aug 2013

what was realized was that such an 'army' already existed, it was just under funded, there was an army of 'blue shirts' ripe for the picking and an issue that could be milked to get the public's approval for the increased funding of this army, the war on drugs, and milk it they did complete with visage of Black and Hispanic gangs at redy to sell drugs to the kids and rape the nice little presumably White girls, the end result we have militarized police forces complete with armored troops carriers and machine guns, and a sense of impunity

deutsey

(20,166 posts)
14. The Wall Street cabal learned its lesson
Sun Aug 18, 2013, 06:41 AM
Aug 2013

Make sure the stooge you put in power is a willing, self-serving accomplice...(enter Ronald Reagan in 1980 and Bush in 2000)

bluedeathray

(511 posts)
15. I ordered the book about 3 weeks ago.
Sun Aug 18, 2013, 08:03 AM
Aug 2013

I can't wait to dig in. General Butler was a hero in many senses of the (overused) word. I shudder when I think what could have been. And thank my lucky stars General Butler headed it off. At great personal risk. I can only hope the lesson isn't completely lost on current generations. We must be ever vigilant against the evil and persistent threat of the MIC.

unhappycamper

(60,364 posts)
16. If you're interested in history, "Legacy of Ashes" is another good title.
Sun Aug 18, 2013, 08:50 AM
Aug 2013


Book Description
Release date: May 20, 2008

With shocking revelations that made headlines in papers across the country, Pulitzer-Prize-winner Tim Weiner gets at the truth behind the CIA and uncovers here why nearly every CIA Director has left the agency in worse shape than when he found it; and how these profound failures jeopardize our national security.



Definitely worth reading.
 

Egalitarian Thug

(12,448 posts)
20. K&R For General Butler.
Sun Aug 18, 2013, 09:30 AM
Aug 2013

They might have mentioned that he was a two-time Medal of Honor recipient, that's a really big deal.

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