Thursday, December 13, 2007

The 1933 coup plot against Franklin Roosevelt

Robert Kennedy, Jr., in Hillary Haters and the Roosevelts Huffington Post 12/12/07 discusses the coup plot that I mentioned in my 10/07/07 post, The American Liberty League and coup plotting.

The intense hatred of the Roosevelts was a dominant feature in the American political landscape during the decade of the 1930s and prompted efforts to impeach him and even a plot to depose him by a military coup planned by high ranking officers of Wall Street's richest corporations, including Goodyear, Bethlehem Steel, JP Morgan, and DuPont. The "vast right wing conspiracy" had its own Richard Mellon Scaife. Robert Clark, one of Wall Street's richest bankers and stock brokers pledged half of his $60 million fortune to help finance the coup. His deputy, former Commander Gerald Macguire of the American Legion, a Wall Street bond broker, equated Roosevelt's reforms to Communism and explained the purpose of the coup to a co-conspirator, "We need a fascist government in this country to save the nation from the Communists who want to tear it down and wreck everything we have built in America." The 1933 coup attempt was only averted by the courage of General Smedley Butler, the popular World War I warrior who had been tapped by Wall Street to lead the plot and who instead exposed and denounced it.
Tags: , , , , ,

No comments: