02 October 2005

Business Plot

This is a scandal. Why do I not only have no idea about this, but not even an inkling? I have never even heard an oblique reference to this. I came across the Wikipedia article by accident.

The Business Plot or The Plot Against FDR is a historically conjectured conspiracy of moneyed interests intended to strip President Franklin D. Roosevelt of his political power during the early years of the Great Depression. Proponents of the theory point to the year 1933 as the origin of the affair, citing the widespread dismay of U.S. business interests toward President Franklin D. Roosevelt's New Deal program, which proposed sweeping new government intervention and redistributionist policies to combat the Great Depression. In response, these men plotted to overthrow Roosevelt in a fascist military coup.



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