A very interesting and scary part of our history that is never really discussed or looked at. To the best of my recollection, I never learned of this during my high school American history classes and the first time I heard of it was on The History Channel (which is not always a reliable source) years ago.
The BBC’s Report on the 1934 Business Coup Plotting
The History Channel’s program on the Business Plot To Overthrow FDR
Franklin Delano Roosevelt was subject to the kind of vitriol we often see directed at Barack Obama today. But some of FDR’s opponents didn’t stop at talk: a new book details a starting plot to overthrow FDR and replace him with a fascist military government.
The Business Plot was an alleged political conspiracy in 1933 in the United States. Retired Marine Corps Major General Smedley Butler claimed that wealthy businessmen were plotting to create a fascist veterans’ organization with Butler as its leader and use it in a coup d’état to overthrow President Franklin D.
I’m back from the land of heather and thistles, not to mention wee drams and lukewarm ale, but on my way out a friend at the BBC alerted me to this, a not-to-miss program on the BBC this morning, accessible over the next several days by internet.
Though we know today that his policies eventually ended the Great Depression, FDR’s election was seen as disastrous by some. A group of wealthy bankers decided to take things into their own hands; they plotted a coup against FDR, hoping to install a fascist dictator in its stead.