Customer Reviews

Wall Street and FDR

5 star:		(5)
4 star:		(0)
3 star:		(0)
2 star:		(0)
1 star:		(0)

 

 

Courageous Author Sutton here lays bare one of the essential truths of American history: FDR was brought to power by corporate fascists. And these same Wall Street social engineers also brought the world the Bolshevik Revolution and the rise of Hitler, as Sutton proves in the companion volumes to this essential work.

Between the covers of this very important work, Sutton reveals many fascinating details. Among the most interesting are these:

In the early 1930's, General Smedley Butler revealed a fascist plan to take over the government of the United States. The plan was derailed, mainly through the courage of the highly decorated war hero General.

FDR was greatly under the control of Wall Street power players, such as Bernard Baruch. In this volume, Sutton records one of Baruch's most revealing phrases, the "elation and fervor of war". Notice how similar is Baruch's affection for the horror of war to that our current neoconservative mad men.

The book is excellent. It is much better written than "Wall Street and the Bolshevik Revolution". And the information contained herein is of the utmost importance to he who would understand this most pivotal of US Chief Executives.

I enjoyed this book immensely, it has many insights into the whys and wherefores of the Depression years, most of which is in dispute I'm sure. But I'm sure we never know what is truly happening in our own times, much less in other times. This is reputedly from a letter to Colonel House:

"The real truth of the matter is, as you and I know,that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson - and I am not wholly excepting the Administration of W.W.(Woodrow Wilson). The country is going through a repetition of Jackson's fight with the Bank of the United States - only on a far bigger and broader basis." -- President Franklin D. Roosevelt, 11/21/33

The true nature of socialism is lost on the vast majority. It is also true that many do not like to be told that the political systems under which they live are classic examples of socialism, and have been for a very long time, only really changing in degrees of subtlety. Most do not like to be told that most if not all of their politicians are members of, or paid front men of, those parasites generally referred to as "the elite"; the mega-wealthy bankers & industrialists who have used the political arena to increase their wealth, power and influence over the past century and more to the point they now control the whole political process, and indeed in many ways the direction of society itself.

Unfortunately, as British-born research fellow Antony Sutton skillfully documents in this second book of three, there is too much evidence in government archives to discount as "conspiracy theory" the notion that bankers and their puppets have dominated politics for at least the last century; there is additionally enough evidence in these and other sources to suggest that this state of affairs, rather than being an exclusively modern phenomenon, has always existed. The evidence also illuminates the point that there is no paradox in supposedly capitalist financiers supporting socialist regimes, for, as Gary Allen so succinctly pointed out, "it [socialism] becomes the logical, even the perfect tool of power-seeking megalomaniacs. ...Socialism is not a movement of the downtrodden masses, but of the economic elite."

Following on from Wall Street & The Bolshevik Revolution in which Professor Sutton irrefutably documents Wall Street connections with all stages of the Russian Revolution, including funding and on-site assistance, here he follows the same Wall Street coterie of banks and related financial & shell companies as they shamelessly rigged American politics through the late 1920s in order to install a President willing to implement the socialist "New Deal", an old pet plan of various financiers, among them Bernard Baruch, and indeed nearly identical to a century-old plan by one of FDR's own ancestors, for the implementation of a socialist state in the USA to further the financial stranglehold on the world's finances. This plan was to be carried out either with or without the consent of the President, if there is any more than a grain of truth in the testimony of General Smedley Butler - testimony which has been at least partially corroborated by two independent witnesses as well as inadvertently by one of the chief suspects in this part of the scheme. That the whole scheme was dismissed as "fascist" by FDR's predecessor Herbert Hoover is also lost on the general public.

Again backed up by a wealth of primary documentation, comprehensively presented and easy to read and follow, this is another essential addition to the library of true history and one that, like its predecessor Wall Street & The Bolshevik Revolution, is everything that Carroll Quigley's Tragedy & Hope was not: well referenced, concise & to the point, and impossible to refute without simply ignoring the evidence. The historical record has been set straight; the same group of monopoly capitalists who were responsible for setting up and consolidating the brutal totalitarian Communist (socialist) regime in Russia then went on to introduce another brand of socialism in the USA in order to create captive markets and perhaps more importantly to create the conditions necessary to implement later plans as part of a never-ending series of Hegelian manoeuvres with the ultimate aim of a global financial dictatorship. More of this in Wall Street & The Rise Of Hitler.

Both FDR and Woodrow Wilson were under The Control of Wall Street since The Beginning of Their Careers.FDR was one of The Most Treacherous Presidents in US History.FDR'S New Deal Prolonged The Depression instead of Ending it.He Provoked Japan to Attack Pearl Harbor by imposing Economic Sanctions and Knew about The Impending Attack and failed to warn The Commanders in Hawaii.After The War he gave all The Territories to ''Uncle Joe''The Very same ones Millions of Soldiers died to take away From Hitler.He Betrayed Chiang and Armed The Chinese Communist to take over China.This Planted The Seeds for The wars in Korea and Vietnam.We were so Concern about Japan aggression yet those same Countries were Replaced by an even more Bloody and Despotic System.What a Treason!!!

This book by British economic historian Anthony C. Sutton is a must-read, and will explain to the reader several paradoxes of American life that even today, most Americans do not understand in the least.

1) How the corporate socialist John D. Rockefeller used laissez-faire as an ideology to cover what he really wanted: a state-sanctioned (or, as Sutton calls it, a "legal") monopoly which was the easiest way for the robber barons to amass their personal fortunes.

2) How FDR, a powerful corporate socialist during the 1920s, used the rhetoric of support for "the common man" to mask his real policies (a centralized corporate state) and the general assault on small business (the real threat to Big Business and centralized State planning).

3) Why Wall Street supported the corporate socialist, FDR, and opposed the free-enterprise and American individualism candidate, Herbert Hoover (and by implication, why for the same reasons Wall Street supported and continues to support the Marxist-Socialist Obama--though this phenomenon pre-dates the book).

4) How the reality of Wall Street has been Crony Capitalism (aka "corporate socialism") since the Wilson Administration and not the mythical "free enterprise system".

5) How by making a private consortium of banks the de facto National Bank (the Federal Reserve), the socialist Democrat, Woodrow Wilson, allowed an inordinate amount of wealth to concentrate very quickly in the hands of a chosen few bankers.

6) Why Republicans, as the party of small business, got trounced in 1932 with the help of Wall Street money (78% of FDR's key finance), and still get trounced regularly by the Democrats, the true party of Big Business and the corporate socialist state.

7) Why the corporate socialists really LIKE regulation: because it kills competition. They even like stuff such as minimum wage, government-mandated health and other benefits, precisely because the corporations, by virtue of the "legal monopolies", can pay these costs, while their small competitors cannot and will be driven under by such legislation.

8. How the same Wall Street moguls who financed FDR also financed the Bolshevik revolution in Russia, Mussolini in Italy, and later on, Hitler in Germany.

9. How these policies of a Statist policy that benefits the social elites while crushing the Middle and Small Business classes under an unbearable tax burden, have a long history, going all the way back to the Romans.

These issues have been covered piecemeal elsewhere (e.g., by Ferdinand Lot in his definitive work on the fall of Rome: The End of the Ancient World and the Beginnings of the Middle Ages. Also, H.R. McMaster, writing on McNamara, LBJ and Vietnam--Dereliction of Duty--notes that LBJ (a hill country aristocrat who made his money through government sanctioned legal monopolies), had as one of his primary goals in his Great Society legislation the lowering of corporate taxes while at the same time raising taxes on the middle and working classes. What Sutton does is to draw together all the pieces of the puzzle and show how the iconic FDR worked very closely with Big Business, not just "for the good of the country", but to ensure that his own friends and associates from Wall Street would be the primary beneficiaries of his policies.

A must-read book in economic history.