The Attempted Coup Against FDR
By Barbara LaMonica
The John F. Kennedy assassination represents a theme in our political history. The causes, even the inevitability, of the assassination were born out of the power struggles among the ruling elite which are consistent throughout the American story. These struggles revolve around questions of what is the proper role of government vis a vis the business community’s pursuit of its own self-interest. Is the government’s role minimal or laissez-faire? Should government only provide a stable environment of "law and order", through increased police powers, conducive to the maximization of profits and the minimization of workers wages and benefits? Or does the government have a higher purpose? Is it responsible for the common good? Is it the one entity capable of implementing justice, equality, and a partial redistribution of wealth through the regulation and taxation of corporations in order to provide a cushion against the more egregious effects of the free market? Should it ensure the worker’s share in the profits they helped to create?
At various times factions of what has become known as "corporate America" have argued over which role of government is ultimately more advantageous to their own ends. Generally speaking, banking and Wall Street favor less government. Retail, light manufacturing and small to medium size corporations are more tolerant of an activist government which might put more money in the hands of their consumers, and protect small businesses against the unfair competitive practices of larger corporations.
The stock market crash of 1929 and the ensuing Great Depression dramatically thrust the question of government’s role to the forefront of American political and corporate life. The election of Franklin Delano Roosevelt represented a revolutionary realignment of political power: the ascendancy of the Democratic party facilitated by new voting coalitions of rural south and industrialized north which dislodged the Republican Party’s nearly seventy-year dominance, signaling the abandonment of laissez-faire economics in favor of state regulation. The losers in this political process coalesced into right-wing Republicanism, and the next sixty years of American history is, in part, the story of their attempt to regain power, reinstitute Lassiez-faire policies, and dismantle the New Deal.1 I would like to suggest that the forces behind the assassination of President Kennedy were born in the furies which the Great Depression unleashed between these competing sectors of American political and economic life.
I believe that in 1934 there was a foreshadowing of the JFK assassination. A conspiracy was uncovered in which right-wing elements of big business, namely the DuPont family and the Morgan banking interests, planned to finance and arm a veteran’s army to march on the White House and hold President Roosevelt captive.2 The conspiracy was reported by two- time Congressional Medal of Honor winner Marine Corps Major General Smedley Darlington Butler. Although the House Committee to Investigate Un-American Activities found his allegations credible, it failed to call major conspirators to testify, and the Committee deleted crucial testimony from its final report to the public. The press relegated the story to the back pages, and discredited those, including Major Butler, who tried to alert the public to the threat against republican government. No prosecutions were forthcoming from the Justice Department, in part because the main witness who would have substantiated Butler’s claims died suddenly from pneumonia at the age of 37. In short, there was a cover-up, maybe worse . . . . (much more)
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