Title: Prescott Bush's 1933 fascist coup attempt in the US - Business Coup stopped by Smedley Butler Source:
[None] URL Source:https://www.youtube.com/watch?v=Sp4h39qJKqU&feature=youtu.be&t=1217 Published:Nov 19, 2016 Author:Peter Borenius Post Date:2019-10-14 21:29:38 by BTP Holdings Keywords:None Views:208 Comments:6
The "Business Plot" (also the Plot Against FDR and the White House Putsch) was an alleged political conspiracy in 1933 wherein wealthy businessmen and corporations plotted a coup détat to overthrow United States President Franklin D. Roosevelt. In 1934, the Business Plot was publicly revealed by retired Marine Corps Major General Smedley Butler testifying to the McCormack-Dickstein Congressional Committee. In his testimony, Butler claimed that a group of men had approached him as part of a plot to overthrow Roosevelt in a military coup. One of the alleged plotters, Gerald MacGuire, vehemently denied any such plot. In their final report, the Congressional committee supported Butler's allegations of the existence of the plot, but no prosecutions or further investigations followed, and the matter was mostly forgotten.
On July 17, 1932, thousands of World War I veterans converged on Washington, D.C., set up tent camps, and demanded immediate payment of bonuses due them according to the Adjusted Service Certificate Law of 1924. This "Bonus Army" was led by Walter W. Waters, a former Army sergeant. The Army was encouraged by an appearance from retired Marine Corps Major General Smedley Butler, who had considerable influence over the veterans, being one of the most popular military figures of the time. A few days after Butler's arrival, President Herbert Hoover ordered the marchers removed, and their camps were destroyed by US Army cavalry troops under the command of General Douglas MacArthur.
Butler, although a self-described Republican, responded by supporting Roosevelt in that year's election.
In a 1995 History Today article Clayton Cramer argued that the devastation of the Great Depression had caused many Americans to question the foundations of liberal democracy. "Many traditionalists, here and in Europe, toyed with the ideas of Fascism and National Socialism; many liberals dallied with Socialism and Communism." Cramer argues that this explains why some American business leaders viewed fascism as a viable system to both preserve their interests and end the economic woes of the Depression.
One early supporter of FDR was Father Coughlin, the radio priest who had 30 million radio listeners when the Jews forced him off the air in 1939. He was a liberal. He wanted a non-interest bearing currency like Lincoln's Greenbacks. The only people supporting an anti-Jewish banking system were the fascists. 3 million Americans died of starvation in the 1930s.
Adolph was on the cover of Time Magazine in 1933 and was their Man of the Year in 1938 for resurrecting Germany from the death sentence imposed at Versailles.
“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken