The Duffminster Times


I'm working on a new site called the Duffminster Times that has message boards with lots of different forums, individual blogs for members, educational materials on a whole range of subjects and user driven commentary. It is a user driven opinion editorial site, with many blogs, message boards and forums and educational resources and there will be lots of smart financial posts and other useful materials there. It is a work in progress and the interface will be improving. I haven't started the marketing for the site yet but I encourage you to join. The site is oriented substantially to the left of Obama but agrees strongly with folks like Ron Paul when it comes to the role of the Federal Reserve, pulling out of the current illegal wars we are in and in terms of its moral position on getting Money out of the political system a a principle focus of all who truly care about liberty and democracy and avoiding the recurrence of yet another fascist state such as the one we had to deal with during world War II and probably would have joined had there not been at least one truly honest, incorruptible general in command. Here is the story on General Butler.

Here is an excerpt about what happened:

"…Butler went to Senator John McCormack and told him that there was a fascist plot to overthrow President Franklin Roosevelt. Butler claimed that on 1st July 1934, Gerald C. MacGuire a Wall Street bond salesman and Bill Doyle, the department commander of the American Legion in Massachusetts, tried to recruit him to lead a coup against Roosevelt. Butler claimed that the conspirators promised him $30 million in financial backing and the support of most of the media.

Butler pretended to go along with the plot and met other members of the conspiracy. In November 1934 Butler began testifying in secret to the Special Committee on Un-American Activities Authorized to Investigate Nazi Propaganda and Certain Other Propaganda Activities (the McCormack-Dickstein Committee). Butler claimed that the American Liberty League was the main organization behind the plot. He added the main backers were the Du Pont family, as well as leaders of U.S. Steel, General Motors, Standard Oil, Chase National Bank, and Goodyear Tire and Rubber Company.

Butler also named Prescott Bush as one of the conspirators. At the time Bush was along with W. Averell Harriman, E. Roland Harriman and George Herbert Walker, managing partners in Brown Brothers Harriman. Bush was also director of the Harriman Fifteen Corporation. This in turn controlled the Consolidated Silesian Steel Corporation, that owned one-third of a complex of steel-making, coal-mining and zinc-mining activities in Germany and Poland. Friedrich Flick owned the other two-thirds of the operation. Flick was a leading financial supporter of the Nazi Party and in the 1930s donated over seven million marks to the party. A close friend of Heinrich Himmler, Flick also gave the Schutz Staffeinel (SS) 10,000 marks a year.

On 20th November, 1934, the story of the alleged plot was published in the Philadelphia Record and the New York Post. Four days later the McCormack-Dickstein Committee released its preliminary findings and the full-report appeared on 15th February, 1935. The committee reported: "In the last few weeks of the committee's official life it received evidence showing that certain persons had made an attempt to establish a fascist government in this country… There is no question that these attempts were discussed, were planned, and might have been placed in execution when and if the financial backers deemed it expedient."

Although the McCormack-Dickstein Committee claimed they believed Butler's testimony they refused to take any action against the people he named as being part of the conspiracy. Butler was furious and gave a radio interview on 17th February, 1935, where he claimed that important portions of his testimony had been suppressed in the McCormack-Dickstein report to Congress. He argued that the committee, had "stopped dead in its tracks when it got near the top." Butler added: "Like most committees, it has slaughtered the little and allowed the big to escape. The big shots weren't even called to testify. Why wasn't Colonel Grayson M.-P. Murphy, New York broker… called? Why wasn't Louis Howe, Secretary to the President of the United States, called? Why wasn't Al Smith called? And why wasn't General Douglas MacArthur, Chief of Staff of the United States Army, called? And why wasn't Hanford MacNider, former American Legion commander, called? They were all mentioned in the testimony. And why was all mention of these names suppressed from the committee report?"

John L. Spivak, who had been mistakenly given access to the unexpurgated testimony of the people interviewed by the McCormack-Dickstein Committee. He published an article in the New Masses entitled Wall Street's Fascist Conspiracy on 5th February 1935. This included the claim that "Jewish financiers" had been working with "fascist groups" in an attempt to overthrow President Franklin Roosevelt. The article was dismissed as communist propaganda. …"

We are heading down a road not unlike the one the conspirators who approached Butler envisioned and one envisioned by people with the same total lack of morals, ethics or spiritual awareness that approached Butler then, people who are at heart and in nature murderous, self serving monsters that will stop at nothing for self aggrandizement. To learn more about this please view the Documentary "Loose Change" either on Netflix (if you subscribe) or in bits and pieces on YouTube if not.

Post to Twitter Tweet This Post

Leave a Comment

Register Login