Tuesday, June 10, 2008

The First American Coup

The First American Coup

In 1933, there was a military coup plot to overthrow Franklin Delano Roosevelt (January 30, 1882 – April 12, 1945).

The first truth is that the liberty of democracy is not safe if the people tolerate the growth of power to a point where it becomes stronger than the democratic state itself. That, in its essence, is Fascism -- ownership of Government by an individual, by a group, or by any other controlling private power. The second truth is that the liberty of a democracy is not safe if its business system does not provide employment and produce and distribute goods in such a way to sustain an acceptable standard of living.
~ Franklin Delano Roosevelt (January 30, 1882 - April 12, 1945) , the 32nd President of the United States of America, on April 29, 1938, in a message to Congress titled "Recommendations to the Congress to Curb Monopolies and the Concentration of Economic Power."

Wall Street

FDR was the thirty-second President of the United States and the only U.S. President who served more than two terms, for he was elected to four terms in office, from 1933 to 1945. But he had many enemies who hated him so much that they attempted to topple him by undemocratic means.

The military coup was planned by power brokers of the richest corporations on Wall Street, amongst which were Goodyear, Bethlehem Steel, JP Morgan, and DuPont. One of the richest bankers and brokers on Wall Street, Robert Clark, was willing to contribute half of his $60 million fortune to finance the coup. His deputy, former Commander Gerald Macguire of the American Legion, said:"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 would have succeeded, had it not been for the bravery of General Smedley Butler, the lionized World War I hero whom plotters wanted to lead the coup, but he instead blew their cover.

Reference: Robert F. Kennedy Jr., "Hillary Haters and The Roosevelts, The Huffington Post, December 12, 2007.

Posted by Orikinla Osinachi. at 9:52 AM

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