-Caveat Lector-
Begin forwarded message:
From: "norgesen" <[EMAIL PROTECTED]>
Date: June 24, 2007 4:44:55 AM PDT
To: <[EMAIL PROTECTED]>
Subject: [cia-drugs] Exposing the Legacy of American Corporatism
Reply-To: [EMAIL PROTECTED]
Wall Street's Plot to Seize the White House:
Facing the Corporate Roots of American Fascism
Exposing the Legacy of American Corporatism
By Richard Sanders, editor, Press for Conversion!
This issue of Press for Conversion! exposes a little-known, fascist
plot to overthrow the U.S. government in the 1930s. We know about
this scheme, and the corporate elite behind it, thanks to a high-
ranking military whistle-blower: Marine Corps Maj.-Gen. Smedley
Butler. Butler is largely forgotten today, but 70 years ago he was
the most revered American military hero, the only man to have twice
been awarded the Marine’s prestigious Medal of Honor. During his
loyal 33-year military career, Butler led invasions, quelled
nationalist rebellions and instituted regime changes to benefit
U.S. business interests in Mexico, Haiti, Cuba, Nicaragua, the
Dominican Republic, Honduras and China.
In 1933, Butler was approached by men representing a clique of
multi-millionaire industrialists and bankers. They hated U.S.
President Franklin D. Roosevelt (FDR) with a passion, and saw his
“New Deal” policies as the start of a communist take-over that
threatened their interests. FDR even had the temerity to announce
that the U.S. would stop using its military to interfere in Latin
American affairs! Wall Street’s plutocrats were aghast! They had
long been accustomed to wielding tremendous control over the
government’s economic policies, including the use of U.S. forces to
protect their precious foreign investments. Because of Butler’s
steadfast military role in upholding U.S. business interests
abroad, the plotters mistakenly thought they could recruit him to
muster a “super-army” of veterans to use as pawns in their plan to
subjugate or, if necessary, eliminate FDR.
Butler played along in order to determine who was behind the plot.
He later testifying under oath before the MacCormack-Dickstein
House Committee on un-American Activities. During that testimony
Butler named those who were directly involved in the plot. He also
identified an powerful organization that was behind the scenes
coordinating and backing the plot. This organization, theAmerican
Liberty League, was comprised of some of America's wealthiest
bankers, financiers and corporate executives. (Click the American
Liberty League link for details on the League's main backers.)
However, the House Committee did not properly investigate the coup
plot. In fact they helped to cover it up. The powerful fascists
plotters behind the coup were never questioned, let alone arrested
or charged with sedition or treason. The Committee even dropped
from their report of Butler's testimony most of the names of these
wealthy bankers and corporate presidents whom Butler had
identified. Butler was of course outraged and he went on national
radio to name the names of those behind the coup plot. A
sympathetic reporter from the Philadelphia Herald, Paul Comly
French was one of the only mainstream journalists to help Butler
expose the plotters. John Spivak, a reporter, from the socialist
magazine New Masses, interviewed Butler and helped him to put the
coup plotters' names onto the public record. (Click here to read
Spivak's account of the fascist plot: "The Plot and the Main
Players.") For the most part, the mainstream media either ignored
the story or went to great lengths to ridicule General Butler. (In
his book 1000 Americans, anti-fascist journalist and media
critic,George Seldes, described the media's coverup of Wall
Street's plot. Click here to read an excerpt.)
Although Butler's patriotic efforts did thwart this fascist coup
plot, the Wall Street bankers and corporate leaders who sponsored
it continued to conspire behind the scenes to rid America of FDR
and to smash his “New Deal.” Evidence of continued efforts by
powerful U.S. fascists to regain control of the White House is
illustrated by a 1936 statement by William Dodd, the U.S.
Ambassador to Germany. In a letter to Roosevelt, he stated:
“A clique of U.S. industrialists is hell-bent to bring a fascist
state to supplant our democratic government and is working closely
with the fascist regime in Germany and Italy. I have had plenty of
opportunity in my post in Berlin to witness how close some of our
American ruling families are to the Nazi regime.... A prominent
executive of one of the largest corporations, told me point blank
that he would be ready to take definite action to bring fascism
into America if President Roosevelt continued his progressive
policies. Certain American industrialists had a great deal to do
with bringing fascist regimes into being in both Germany and Italy.
They extended aid to help Fascism occupy the seat of power, and
they are helping to keep it there. Propagandists for fascist groups
try to dismiss the fascist scare. We should be aware of the
symptoms. When industrialists ignore laws designed for social and
economic progress they will seek recourse to a fascist state when
the institutions of our government compel them to comply with the
provisions.”
Many of the plotters exposed by Butler, had been boosting their
fortunes by investing in the fascist experiments of Mussolini and
Hitler. Some of them even amassed great profits by arming the
Nazis, both before and during WWII.
How is this history of relevance today?
Although all of the top U.S. fascists behind this 1930's plot are
now dead, their corporations carry on. These companies, with their
roots firmly planted in the fascist milieu of the 1930s, are now
among the world’s wealthiest corporations. They continue to exert
enormous influence over U.S. government policies, and – by
extension – over global matters of war, peace and human rights.
Although those within the highest echelons of U.S. corporate power
were willing to instigate a coup to take control of the White
House, their plot against FDR was called off. As it turned out, an
overt fascist coup was not actually necessary to attain their
goals. The fascists behind the plot did eventually succeed in
regaining their long-standing influence over the White House and
American politics.
President George Walker Bush’s grandfather (Prescott Bush) and
great grandfather (George Herbert Walker) were among Wall Street’s
ultra-right wing elite. Before WWII, they were among the key
players who coordinated the flow of investments from American
multimillionaires into Germany. They profited by helping to
coordinate the American financing behind Hitler’s rise to power.
During the war, they even profited from companies that armed the
Nazi war machine and used slave labour at Auschwitz. Then, after
the war, Prescott Bush was instrumental in helping to launder Nazi
loot for Fritz Thyssen, who was one Hitler’s earliest and richest
industrialist backers.
The Bush family's illicit fortune, and their intimate connections
to Wall Street and the intelligence community, were essential in
launching Prescott Bush, his son George H.W. Bush and grandson
George W. Bush, into politics and the oil industry.
Issue #54 of Press for Conversion! (August 2004) is called "All in
the Family: The apple does not fall far from the BUSH." This issue
focuses entirely on the Bush family’s historic complicity in
fascism. Click above to find out more about the contents of this
issue.
(1) Setting the Stage:
The historical context of the fascist plot to oust FDR:
(a) The “Bonus Army” and the Torching of Hooverville
(b) Conflicting Versions of the Battle of Anacostia:
Gen. Douglas MacArthur vs. Pres. Herbert Hoover
(c) Franklin Delano Roosevelt's First Inaugural Address
(d) America’s Homegrown Fascism
Click here for Extra Links on the Bonus Army
(2) The Plot and the Main Players
Journalist John Spivak's outline of the plot is augmented with
recent research about the key fascists, corporations and groups
that were directly involved.
(3) Behind the Scenes
General Butler identified the American Liberty League as the “super-
organization” of Wall Street multi-millionaires behind the plot.
Here are biographies of the League's main organizers and financiers.
http://coat.ncf.ca/fascistplot/
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