Wall Street’s Fascist Conspiracy Part 1

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Egg
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Wall Street’s Fascist Conspiracy Part 1

Post by Egg » Sun Apr 10, 2011 6:27 pm

It's rather long so I'm just providing the link.

Here’s the complete story written by John L. Spivak in 1935 published in New Masses detailing a Wall Street tycoon plot to overthrow the government with a military coup. It was a real coup, but most Americans have no idea that it ever existed and that J. P. Morgan and other Wall Street big shots were key players.

January 29, 1935

http://press.take88.com/wall-streets-fa ... cy-part-1/


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Re: Wall Street’s Fascist Conspiracy Part 1

Post by anarch » Sun Apr 10, 2011 6:32 pm

Post the whole thing with spoilers...

Looks interesting so far

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Re: Wall Street’s Fascist Conspiracy Part 1

Post by Egg » Sun Apr 10, 2011 6:38 pm

Here's part. I need to run out. I post the rest later.

An organized conspiracy exists to seize the government by a fascist coup. The Congressional Committee appointed to investigate just such activities has not only failed to follow the trail of evidence to its fountain head – Wall Street – but has deliberately suppressed evidence pointing in the direction.

In these articles the reality of Wall Street’s fascist conspiracy will be made clear; the lineup of financial interests back of the conspiracy will be set forth; and the real role of the Dickstein Committee, which suppressed this evidence, will be revealed.

A suggestion of the existence of Wall Street’s fascist conspiracy was made public in November. The Dickstein Committee then was forced to call Gen. Smedley D. Butler, one of those who made the charges, to testify. And that was the end of the Committee’s interest in proving the charges.

The series of articles will go deeply into the whole situation, of which only a hint trickled through to the public. The suppression of evidence by the Dickstein Committee reveals the Committee’s real character: With an ostensible mission to uncover fascist activities, the Committee actually turned out to be a close collaborator with the would-be fascist rulers of the country; it covered up the conspiracy by suppressing evidence which led too high up in those financial and industrial groups which run Congress, “advise” the President, and dominate the country.

It will be shown that financial and economic class considerations rise above every other kind, including racial and religious ones. The anti-semitic character of Nazism has been abundantly demonstrated in these pages; nevertheless this article, and succeeding ones, will reveal Jewish financiers working with fascist groups which, if successful, would unquestionably heighten the wave of Hate-the-Jew propaganda.

The class basis of social forces is nowhere more clearly revealed than in this situation – capitalists, including Jews, making common cause with anti-semitic fascist and potentially fascist organizations, in an effort to crush labor. The ultimate aim of course is the true fascist one of a “totalitarian state,” with all cultural, educational, and political activities [antithetical] to capitalism suppressed. The immediate path to this objective is the destruction of the labor movement and particularly the militant vanguard represented by the Communist Party.

The Dickstein Committee has deliberately suppressed the testimony of fascist activities which it had in its possession. This evidence was suppressed because financial powers behind the committee are among the supporters of fascist organizations.

Throughout its investigation of Nazi, fascist and Communist activities the Committee has be careful not to involve certain financial interests – such as J. P. Morgan and Co., Kuhn, Loeb and Co., etc. Felix Warburg, head of the Kuhn, Loeb banking house virtually dominates it as well as the American Jewish Committee, a powerful organization active in fighting the spread of anti-semitism. The American Jewish Committee is controlled by wealthy Jews. However, it has a large following among lower and middle-class Jews who are not aware of the maneuverings of the leadership for its own economic interests. The zeal of the leaders in fighting anti-semitism is tempered by the financial interests of some of them – in the United States and in Nazi Germany – and by the active participation of some of them in fascist organizations in this country.

Shortly after the Dickstein Committee was empowered by Congress to investigate “subversive” activities, leaders of the American Jewish Committee began to steer the Congressional Committee’s investigations. In the course of this steering, information was suppressed which reflected upon leading bankers, as well as information of fascist organizations in which they were interested.

Instead of actually seeking evidence of fascist organization and who are behind them, the Congressional Committee ignored Fascism until its menace here was thrust upon them; and then suppressed vital evidence regarding it. The reason: Wall Street interests such as Morgan’s were involved which are tied up with the Warburg interests – which dominate the American Jewish Committee without the knowledge of the overwhelming majority of its membership.

In the course of these articles I shall show:

That the Dickstein Committee refuses to explain why it suppressed evidence of fascist organizations and of fascist movements.
That the Dickstein Committee knew of the offer made to Gen. Smedley Butler to organize a fascist army of 500,000 mean, but ignored this information until it was forced to call Butler.
That having called him, the Committee issued a garbled statement of what he said and not until the national furore died down did it issue even parts of his testimony.
That Gen. Butler named a fascist organization in which some leaders of the American Jewish Committee are active – and that this testimony was suppressed.
That a Nazi agent worked in Warburg’s Bank of Manhattan and that Felix Warburg was never called upon to explain how he got there.
That the Warburg financial interests have heavy investment in Nazi Germany. The American Jewish Committee has steadfastly opposed the boycott of German goods.
That the most powerful fascist organizations are controlled by financiers whose interests are controlled by J. P. Morgan’s interests.
That the Warburg financial interests are tied up with Morgan and consequently work with Morgan men.
That Grayson M-P Murphy, involved in the plot to organize a fascist army, is a Morgan man and one of those who originally financed the starting of the American Legion for “Big Business” and who supports disseminators of anti-semitic propaganda; and that knowing all this the Dickstein Committee never called Murphy to explain his activities.
That a Hearst man tied up with Morgan interests capture control of the American Legion, which Butler was asked to lead as a fascist army; and that this man, summoned to appear before the Dickstein Committee, was never questioned after he had had a sec … conference with President Roosevelt.
That the American Liberty League was named by Butler and this fact suppressed by the Dickstein Committee. The League is controlled by Morgan-du Pont interests as well as having Warburg representation on it.
That the Remington Arms Co., controlled by Morgan-du Pont, was name as the body which would supply arms and equipment to the fascist army and that this testimony was suppressed by the Congressional Committee.
The Max Warburg, brother of Felix, and directors of the steel trust of Germany, which originally financed Hitler, are in the United States trying to get credits for Hitler’s government in copper purchases.
The Hearst copper interests were among those being considered at the time Hearst open his anti-red campaign.
Let us first consider Butler’s testimony that he was offered $3,000,000 to organize a fascist army with a promise of $300,000,000 more it became necessary. I shall review it very briefly to refresh the reader’s mind.

Gen. Smedley Butler testified that he was approached by Gerald C. MacGuire, a “$100 a week bond salesman,” with an offer of $18,000 in one thousand dollar bills to go to the American Legion convention in Chicago in 1933 to make a speech in favor of the gold standard; it was after this connection was established that MacGuire suggested organizing the fascist army. MacGuire at that time said he was working for Robert S. Clark, who inherited millions of the Singer Sewing Machine fortune. While working for Clark, MacGuire was kept on the payroll of Grayson M-P Murphy, a “Wall Street broker.” During this period when these negotiations were going on, MacGuire, who had never owned more than a few thousand dollars, suddenly began to handle large sums of money, depositing and withdrawing amounts running far beyong $100,000. The Dickstein Committee, in examining him, found that he could not account for $65,000 which were spent during the trip to the American Legion convention and that he lied repeatedly about what he had done with certain large sums.

So much for the Butler story; what is not known is that long before General Butler testified, the Congressional Committee investigators knew about it. Nevertheless they did not call Butler, though one of the things they were supposed to investigate was “subversive” activities, including Fascism. The Dickstein Committee called Butler only when it learned that The New York Post and the Philadelphia Record were about to publish the story anyway, which they had learned through their reporter Paul Comley French, a friend of the General’s.

The national furore aroused by the story was so great that the Committee had to issue a statement after getting testimony in secret session. When the excitement died down the Congressional Committee issued a summary of the Butler testimony for the press. Butler having been cautioned not to divulge what happened behind the committee’s closed doors, according to the General.



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Re: Wall Street’s Fascist Conspiracy Part 1

Post by lkwalker » Sun Apr 10, 2011 6:41 pm

this article, and succeeding ones, will reveal Jewish financiers working with fascist groups...
That's nice, dear.
"If you don't think to good, don't think too much." Yogi

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Re: Wall Street’s Fascist Conspiracy Part 1

Post by lkwalker » Sun Apr 10, 2011 6:44 pm

I didn't expect to have that discussion till September when Guy gets out of the slammer.
"If you don't think to good, don't think too much." Yogi

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Re: Wall Street’s Fascist Conspiracy Part 1

Post by Pigeon » Sun Apr 10, 2011 7:08 pm

anarch wrote:Post the whole thing with spoilers...

Looks interesting so far
Just click and read the article...

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Re: Wall Street’s Fascist Conspiracy Part 1

Post by Egg » Sun Apr 10, 2011 7:08 pm

I'm Jewish. I have no problem thinking there are bad Jews out there. If some Jews got caught up in shit then they did.

I am often surprised at how the "fact" that they're Jewish has to be pointed out (I write "fact" as I've seen certain non-Jews pointed out as being Jews - Rupert Murdoch, for example). You rarely see someone pointed out as being Catholic or Presbyterian when they're involved in something unsavory.

That being said, your boy Smedley is mentioned in here.


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Re: Wall Street’s Fascist Conspiracy Part 1

Post by anarch » Sun Apr 10, 2011 7:13 pm

Pigeon wrote:
anarch wrote:Post the whole thing with spoilers...

Looks interesting so far
Just click and read the article...

I am , I'm in the middle of it now....Long read.

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Re: Wall Street’s Fascist Conspiracy Part 1

Post by Egg » Sun Apr 10, 2011 7:14 pm

anarch wrote:Long read.
Told ya ;)


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Re: Wall Street’s Fascist Conspiracy Part 1

Post by anarch » Sun Apr 10, 2011 7:14 pm

Egg wrote:You rarely see someone pointed out as being Catholic or Presbyterian when they're involved in something unsavory.
.

Wait , Catholics?

Presbyterian I can see but them catholics have a whole nother ballpark of issues.

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