Archive for Oktober 28th, 2013

28. Oktober 2013

Whistleblower General Smedley Butler & JPMorgan – 1934, USA

Almost 80 years ago Smedley Butler, a retired Major General in the U.S. Marine Corps blew the whistle on the J.P. Morgan banking firm and a group of other industrialists, for planning a military coup to overthrow Franklin D. Roosevelt and establishing a fascist state.

In November 1934, Butler claimed the existence of a political conspiracy by business leaders to overthrow President Roosevelt, a series of allegations that came to be known in the media as the Business Plot. A special committee of the House of Representatives headed by Representatives John W. McCormack of Massachusetts and Samuel Dickstein of New York, who was later alleged to have been a paid agent of the NKVD, heard his testimony in secret. The McCormack-Dickstein committee was a precursor to the House Committee on Un-American Activities.

In November 1934, Butler told the committee that one Gerald P. MacGuire told him that a group of businessmen, supposedly backed by a private army of 500,000 ex-soldiers and others, intended to establish a fascist dictatorship. Butler had been asked to lead it, he said, by MacGuire, who was a bond salesman- The New York Times reported that Butler had told friends that General Hugh S. Johnson, a former official with the National Recovery Administration, was to be installed as dictator, and that the J.P. Morgan banking firm was behind the plot. Butler told Congress that MacGuire had told him the attempted coup was backed by three million dollars, and that the 500,000 men were probably to be assembled in Washington, D.C. the following year. All the parties alleged to be involved publicly said there was no truth in the story, calling it a joke and a fantasy.

No prosecutions or further investigations followed, and historians argue whether or not a coup was actually contemplated.
The news media dismissed the plot, with a New York Times editorial characterizing it as a „gigantic hoax“. When the committee’s final report was released, the New York Times said the committee „purported to report that a two-month investigation had convinced it that General Butler’s story of a Fascist march on Washington was alarmingly true“ and „… also alleged that definite proof had been found that the much publicized Fascist march on Washington, which was to have been led by Major. Gen. Smedley D. Butler, retired, according to testimony at a hearing, was actually contemplated“. The individuals involved all denied the existence of a plot, despite evidence to the contrary. The media ridiculed the allegations, although a final report by a special House of Representatives Committee confirmed some of Butler’s accusations.

The McCormack-Dickstein Committee confirmed some of Butler’s accusations in its final report. „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 organization 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.“


JPMorgan Chase & Co.’s record $13 billion deal to end U.S. probes of its mortgage-bond sales would free the nation’s largest bank from mounting civil disputes with the government while leaving a criminal inquiry still unresolved for now. This news is from Bloombergs Webpage on October 20, 2013.

The Federal Housing Finance Agency (FHFA) sued JPMorgan and 17 other banks over faulty mortgage bonds two years ago to recoup some of the losses taxpayers were forced to cover when the government took control of failing mortgage finance companies in 2008.

The FHFA accused JPMorgan and its affiliates of making false statements and omitting material facts in selling $33 billion in mortgage bonds to Fannie Mae and Freddie Mac from Sept. 7, 2005, through Sept. 19, 2007. Those two firms, regulated by FHFA, have taken $187.5 billion in federal aid since then.

The regulator said executives at JPMorgan, Washington Mutual and Bear Stearns Cos., which were acquired by JPMorgan in 2008, knowingly misrepresented the quality of the loans underlying the bonds, according to the lawsuit filed in federal court in Manhattan.


28. Oktober 2013

Stop Watching Us: The Video

28. Oktober 2013

Kurzmeldung Iran

Kurzmeldung Iran:
Der Iran plant den Bau von 34 AKW, dies wurde jetzt offiziell bekanntgegeben.
Jährlich werden hunderte von Menschen im Iran hingerichtet. Hier zwei Videos:

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