Of Fat Cats, Eclipses, Inheritance, and JP v FDR
by Jude Cowell
In what must be a facetious manner, J.P. Morgan's Jamie Diamon says he "should have caught London whale's trades. No kiddin'!??
Well, I've yet to forget how the House of Morgan, a banking entity known in America as various forms of "J. P. Morgan & Co.", backed the ploy to depose President Franklin Delano Roosevelt in the mid-1930s because of his New Deal programs and I would not be surprised if biological and philosophical spawns of past traitors continue to bedevil us as they fight for the same cause--to dismantle, collapse, privatize--the social safety net of the American people and its coffers along with LBJ's Great Society programs.
According to most plutocrats, it seems that money is only worth the plutocrat it bails out. The needy? Forget them. Streets lined with tattered soup kitchen customers won't bother the conscienceless wealthy class nary a jot, they have bigger pictures to consider.
Can you tell I've begun reading The Plot to Seize the White House by Jules Archer?
After the last four years of extremely poor behavior on the parts of the Republican Party and its Tea Party wingers (and their corporate backers such as the Koch Brothers), the historic tale of Smedley Butler and the uncovering of what might have become more than the coup of a presidency but an assassination attempt by--you guessed it--high-flyin' financiers colluding their shriveled little hearts out in smoke-filled back rooms--well, I don't have to tell you that old J.P. and his ilk backed the entire enterprise to rid themselves of FDR and install a Fascist regime with its reins in but a few select claws.
Yes, I know it's considered impolite to ever mention the concept of Fascism in relation to current actors, political or otherwise, but really now! For how long must a spade be a litter box pooper-scooper in disguise?
In the 1930s, the Robber Baron types, their spawn and kin, used the ruse of "Return to the Gold Standard" as cover for their activities and true purposes while the American Legion whistled a Jupiterian tune! So right away you can see how certain moneymen took great exception to the rule of President Franklin Roosevelt who took the US off the gold standard among other things that enraged the wealthy class.
Reminds me of 2012 and how Wall Street and other financial titans have pretended to get their feelings hurt when President Obama referred to them as "fat cats"! As if they aren't...
Now here's the president in a 60 Minutes segment which aired on *December 13, 2009 in which "fat cat bankers" are called out but who have managed to avoid the 'pitchforks of the people' and the Justice Department prison sentences so far: