So Netanyahu Doesn’t Like The Agreement. So What?

Whether or not Israeli Prime Minister Benjamin Netanyahu likes our nuclear agreement with Iran shouldn’t matter. He wasn’t in the room while the deal was being made. And if he had been, we’d likely be at war right now. You see, it’s clear by now that Netanyahu doesn’t want peace in the Middle East. It appears that he won’t be happy until Israel has annexed all of the Palestinian territory and blasted its neighbors back to the stone age.

Not even world opinion has swayed him from his expansionist goals. Not the world outrage at Israel’s disproportionate response to Palestinian rockets. Not the international outrage at the increasing number of Jewish settlements on the West Bank. Not the Obama administration’s outrage at the break in protocol when Netanyahu accepted the Republican invitation to speak to the US Congress.

For certain, Israel has the right to exist and a right to live in peace. But, just as certainly, Israel’s leader does not have the right to dictate foreign policy to the US or any other nation. Neither should he have any say in the just announced agreement between the US, Iran and other world powers. Of course, that hasn’t stopped him from trying to derail the deal. From the very beginning of the talks, Netanyahu has appealed to the Republican chicken hawks in Congress to use force to stop Iran’s nuclear ambitions. Never mind that the use of force would almost certainly backfire (quite literally). A military strike against Iran’s nuclear installations, would incense Iran and much of the rest of the world. Worse, it would give Iran even more incentive to complete a nuclear weapon.

After all, military powers, even superpowers, tend not to attack countries that possess nuclear weapons. For good reason. The consequences are simply too dire. And a nuclear-armed Iran that has been previously attacked would likely feel justified in supporting more terrorism and pursuing retribution against its attackers. Moreover, the sanctions against Iran…even the proposed increased sanctions…were not hindering Iran’s progress toward a nuclear bomb. The sanctions were only hurting innocent Iranian civilians and entrenching Iran’s antagonism with the West.

The fact is, the nuclear agreement was by far the best of all of the available options. At minimum it delays Iran’s nuclear ambitions. It provides a framework for inspections. And it opens the door to more negotiations and more cooperation.

Make no mistake, the new agreement is not a one-sided concession to Iran. The agreement calls for Iran to submit to inspections and to dispose of nuclear fuel in exchange for the lifting of the current sanctions by international community. That is not only fair. It is a positive for everyone involved. Indeed, history has shown that such agreements are far more productive than the alternatives. For example, as a result of our engagement with China, it has gone from a Cold War enemy to our largest trading partner in just 3 decades. In contrast, our get-tough expansion of NATO and deployment of missiles on Russia’s doorstep has led to increased tensions and armed incursions by Russian troops into Ukraine. And we all know what has happened as the result of our ill-conceived invasion of Iraq. Not only has it destabilized Iraq and much of the Middle East, it has led to the creation of a much more dangerous enemy – ISIS.

So Netanyahu thinks the nuclear agreement with Iran is a historic mistake? So what? Let’s not let him derail the agreement and lead us, along with the Republican warmongers, down the path to yet another war. He can continue to bluster and act the spoiled brat. It really shouldn’t matter. And, if Netanyahu threatens to do more than whine, we should ignore him.

Check that…we should make it clear that any attempt to derail the agreement will be met with a suspension of US support and an embargo on weapons.

What If The US Were Like The EU?

The corporate media propagandists have portrayed Greece as a debtor nation unable to get its fiscal house in order due to the laziness and greed of its people. They fail to report that Greece is only in its current situation largely as the result of the US-created mortgage crisis and the greed of huge international banks.

It’s more convenient to blame the Greek crisis on pensions and a bloated government.

But the fact is, prior to the mortgage crisis, the nation’s debt was roughly 8.3 percent of GDP. Then Goldman-Sachs…yes that Goldman-Sachs…”helped” Greece hide its debt through a risky, off-the-books derivative. When the world markets crashed in 2008, Greece’s debt-to-GDP ratio exploded to 100 percent of GDP. And that number continues to climb.

Why?

As many of the world’s most respected economists will tell you, increased debt is the inevitable result of extreme austerity. As Greece increases lay-offs of government employees, the unemployed workers have less to spend. As a result, small businesses suffer, which results in more lay-offs and lower tax revenues. The result is a downward spiral from which it is difficult to escape.

For example, Greece’s unemployment now stands at approximately 28 percent or roughly the same percentage as the US during the Great Depression! Worse, youth unemployment is nearly 50 percent. And 40 percent of Greece’s children now live in poverty. But pay no attention to those numbers…the international banks are profiting and, as long as Greece remains in the EU, most of the world’s stock markets are soaring.

The problem is that the EU has no form of wealth redistribution like that of the US. Imagine if we treated our poorest states in the same manner the EU is treating Greece. North Dakota now has a debt ratio of -89 percent. In other words, in 2014, North Dakota received $7.51 from the federal government for every $1.00 it contributed in federal income taxes. Many other states also routinely run in the red. Ironically, most of those are also politically red. Alabama, Alaska, Arizona, Indiana, Kentucky, Mississippi, Montana, South Carolina, West Virginia and Wisconsin all receive more from the federal government than they contribute. Should we then force austerity on them and force them to payback the difference with interest?

That’s what the EU is doing to Greece.

And what of California, Colorado, Delaware, Illinois, Massachusetts, Minnesota, Nebraska, New York, New Jersey, Rhode Island, et al, who contribute far more in taxes than they receive? California contributes $236.5 billion more than it receives. That’s enough to single-handedly cover the deficits of Alabama, Alaska, Arizona, Indiana, Kentucky, Mississippi, Montana, North Dakota, Tennessee and West Virginia combined. What if we had the EU system and California acted like Germany? Many of those states would now be facing excruciating austerity, skyrocketing unemployment and debilitating poverty.

Teapublicans are fond of saying that, unless we cut spending and cut taxes, the US will become another Greece. That’s simply not true. Economically, our nation has little in common with Greece. The only way our economy could begin to resemble Greece’s is if we resort to self-imposed austerity as the Teapublicans recommend.

Politicization Of Religion.

Let me begin by stating that, although I’m not a church person, I am a religious person. My spirituality and my belief in compassion for others is an essential part of my being. Religion can play an important role in keeping order and preventing some from infringing on the rights of others. I wish everyone would follow the Golden Rule: “Do unto others as you would have them do unto you” or, if you prefer, the Native American version: “Help me never to judge another until I have walked in his moccasins.”

I also believe that we would all be better off if we followed the serenity prayer: “Grant me the serenity to accept the things I cannot change, the courage to change the things I can and the wisdom to know the difference.”

Almost every other aspect of religion is relative. Take the 10 Commandments. Though the most important commandment is to not kill, devout followers of many faiths – particularly those on the far right – routinely justify killing as a part of war or as a necessary part of policing. Though another commandment is to not steal, many of the pious ignore the commandment in the interests of greedy corporations and by gaming the system. Many of the so-called pious also ignore commandments pertaining to adultery (think Newt Gingrich, Bob Livingston, et al), bearing false witness (I’m referring to you Fox News Channel), honoring the Sabbath (that would get in the way of business), and coveting the possessions of others (How else are we to motivate the masses to purchase things they don’t need?).

And, even though many on the far right continue to claim the religious high ground, they continue to ignore the portions of the Bible that are inconsistent with their beliefs while demanding strict adherence to other portions of the Bible that suit their needs. They denounce abortion as murder yet call for our nation to engage in wars. They demand that monuments to the 10 commandments be placed on public property even though they refuse to follow them. They quote Biblical passages condemning homosexuality while ignoring the passages condemning divorce, the consumption of shellfish, and the wearing of more than two fabrics at a time.

Yet, every time they are confronted with their hypocrisy, they either deny the obvious, change the subject or simply state that all humans are sinners and they will be “saved” if they only ask for forgiveness.

How convenient!

One can only conclude that political right wingers are the ultimate relativists. They have no faith…no moral compass. They worship free markets and corporate profits over human kindness and compassion.

For far too many, religion is only a political tool with which to flog their opponents in the name of God. In that regard, they are no different than ISIS.

Rick Perry Reveals The Right Wing Agenda.

It would seem that 2012’s “Ooops” candidate has had another “Ooops” moment. In launching his 2016 presidential bid, he finally remembered the 3 federal departments he would eliminate: the Department of Education, the Department of Labor and the Department of Energy. And that’s not all. He would also eliminate the Environmental Protection Agency, the IRS, Medicare, Medicaid, Social Security and, of course, Obamacare.

He’s also not very keen on the Department of the Interior and the legal system, saying “It’s [America] in jeopardy because of taxes; it’s in jeopardy because of regulation; it’s in jeopardy because of a legal system that’s run amok. And I think it’s time for us to just hand it over to God and say, “God, You’re going to have to fix this.”

That’s the ticket.

Perry believes that we don’t have to worry about the state of our crumbling infrastructure, our militarized police departments, our over-stressed environment, our large corporate polluters, global warming, growing inequality, rampant racism, debilitating poverty, political polarization, and our for-hire Congress.

All we have to do is let God run the country. Oh, wait. How, exactly, can he do that? Since He doesn’t talk to all (many) of us, who will be his interpreter? Who will carry out His orders? Why Teapublicans, of course! According to the right, only they are the true patriots; only they have a close relationship with God; only they know what God wants.

Is that what you believe? That Teapublicans are the only moral, God-fearing politicians? If so, then how do you explain the pedophilia of Dennis Hastert? How do you explain the adultery of Newt Gingrich, Bob Livingston and so many other Teapublicans? How do you explain the war-mongering of John McCain and Lindsey Graham? How do you explain the GOP’s uncaring attitude toward the poor? How do you explain the GOP’s embrace of the rich and powerful? How do you explain the GOP’s lack of interest in preserving the environment and all of God’s creatures?

You can’t…because it simply defies explanation.

The real problem for the GOP is that Perry was, in a manner of speaking, speaking out of school. You see, his beliefs are the same as those of most – if not all – of the declared GOP candidates. And the GOP would rather not have you know about them. They don’t want seniors to know that they want to eliminate Social Security and Medicare as “socialism.” They don’t want you to know that they consider public education “socialism.” They don’t want you to know that they are against worker’s rights and any form of collective bargaining. They don’t want you to know that they are deep in the pockets of the oil companies and are paid to do their bidding. They don’t want you to know that they simply don’t care about the poor.

Don’t believe it?

Then take a close look at what’s happening in Teapublican-controlled states like Arizona, Kansas and Wisconsin. In those and other red states, the GOP has cut taxes for corporations and the wealthy and balanced the budgets on the backs of the poor, as well as the teachers and students. The results have been disastrous, yet they don’t seem to care.

Instead of admitting their mistake and addressing the problems, the GOP is doubling down. They want to expand the misery to the entire country.

Why Let Politics And Religion Divide Us?

In the past 20-30 years, politics have been increasingly used to identify and separate us. We are no longer people who hold a variety of complex ideas that we believe could improve the human condition. We have been reduced to conservatives or liberals…Democrats, Republicans or…gasp… Independents. We cannot have nuanced views. We must join a tribe. And, according to our political leaders, we must support that tribe unconditionally. Our tribe can never be wrong.

In the immortal words of George W. Bush, “You’re either with us or against us.” There is no room for compromise. Indeed, the Speaker of the House – the man twice removed from the presidency – cannot even bring himself to say the word.

Similarly, religion has become more than a personal belief or a matter of faith. It has become a source of identity…an exclusionary club that shows our superiority. “Only my religion knows the true path to everlasting life and salvation. Unless you join us, you will be going to hell.” You can no longer be an individual. You cannot, as Jesus commanded, “… go into your room and shut the door and pray to your Father who is in secret.” You must join a club…the bigger the better.

You must share your beliefs with anyone who will listen and try to force them on everyone else. You must ask others to share the expense of your clubhouses by proclaiming them free of property taxes. You must accept the belief that God has chosen our nation, our party and our sports teams above all others. You must thank God for every touchdown, every goal and every victory. You must petition the government to create and protect monuments to your beliefs on public property. You must demand that the public pray as you would pray before and after any public event. And if they won’t, you must condemn the non-believers for waging a “war” on your faith.

Does it really have to be this way? Are we so uncertain of ourselves that we must rely upon organizations and others to define us? Is there no longer room for individualism? No room for a diversity of beliefs and attitudes? Can we not tolerate others who do not believe as we do? Must we try to force our beliefs on others? Must we victimize others through racism, sexism and a variety of other ‘isms?

Mere labels cannot, and should not, define us. Is it not enough to be defined as human?

You Can Take That To The Bank.

That used to be a statement of certainty. Americans once considered the bank a place of safety for their money; an island of certainty in an uncertain world. No longer. With the repeal of Glass-Steagall in 1999, banks have become little more than high-end casinos – only casinos have some semblance of integrity.

When banks lost their high-stakes bets in 2008, they collapsed our economy. And, in an act of unparalleled hubris, they turned to taxpayers to help them avoid bankruptcy. Instead of paying a significant price for their wantonness, the “too-big-to-fail” banks continued with business as usual, even continuing to pay their executives six and seven-figure bonuses. Meanwhile, other Americans slogged through the greatest recession in history, losing as much as $7 trillion through a combination of home foreclosures, lost salaries, lost interest and lost pensions.

And who made off with most of that money? Why Wall Street, of course.

Given their recent history, one would expect that at least some of the bankers who caused the problems would have been convicted of crimes. They weren’t. Instead, they have continued to profit. Worse, they have continued to game the system. They continue to oppose the Dodd-Frank Wall Street Reform and Consumer Protection Act. They continue to oppose the Consumer Protection Agency. And they continue to gamble with your money.

In fact, since the banking collapse of 2008, bankers seem to have upped their game; engaging in numerous financial scams and committing outright crimes. To wit: UBS paid $2.3 billion in fines when it was discovered that one of its traders hid €5 billion in losses. Wells Fargo paid $175 million to settle accusations that it discriminated against African-Americans and Hispanic borrowers. JPMorgan Chase gambled $2 billion and lost nearly $6 billion. Barclays paid $450 million to settle charges that it manipulated LIBOR, the global interest rate, and UBS paid $1.5 billion to settle similar charges. USBC paid $1.9 billion to settle a money laundering probe. And Barclays was recently fined £284,432,000 for its role in rigging the foreign exchange market.

Though the banks have admitted to felonies and paid billions in fines, they have yet to pay any real penalty. As far as I can tell, only two bankers have gone to jail. And the rest are unrepentant. Indeed, a recent poll of Wall Street traders found that a significant percentage would be willing to commit a crime if it resulted in a payback of $10 million. (Keep in mind that, on Wall Street, $10 million is chump change.)

But instead of cracking down on the banksters, a GOP-controlled Congress seems determined to deregulate Wall Street. (They know who butters their bread or, more precisely, makes the majority of their campaign contributions.) So you don’t have to be a financial expert to know that there will be many more scandals to come.

You can take that to the bank…er…mattress…or whatever.

The Eleventh Hour For Earth.

Half of all the species on Earth have disappeared in the last 40 years. In Malaysia, Indonesia, Africa and Brazil, the destruction of rain forests continues almost unabated endangering thousands more species of plants and animals while belching tons of carbon and methane into the atmosphere. The resulting increase in world temperatures from deforestation, gas and diesel-powered cars, and coal-fired power plants is causing the Greenland glaciers to lose 17 feet of elevation every year. Likewise, the Antarctic ice shelves and glaciers are melting at alarming rates. In addition, the Arctic sea ice is disappearing putting the future of Polar Bears, even indigenous people in jeopardy.

Greed has led to the near extinction of Northern White Rhinos with only 5 now left on the entire planet, and they’re only alive because they’re guarded 24/7 to protect them from poachers. Ivory poachers are killing African elephants at the rate of more than 33,000 per year. If that continues, wild African elephants will become extinct within 12 years! Tigers and many other species are also nearing extinction in the wild. Even bees and butterflies are endangered by our overuse of pesticides.

We have destroyed most of our great ocean reefs and we continue to dump oil, agrichemicals and trash into the oceans creating large dead zones and “islands” of plastic. Hundreds of large factory ships scoop up anything that swims into nets 24 hours a day, keeping those species that are valuable for sale and killing the rest.

Factory farming of cattle, pigs and poultry has led to the overuse of antibiotics that pollute our bodies and make bacteria increasingly immune to medicines. Dairy cows are treated like milk factories, fed a steady diet of hormones intended to cause them to give more milk. And most of the animals are confined in pens with little room to turn around. Moreover, the waste from these meat and milk factories pollutes our ground water and the animals create enormous amounts of methane released into the atmosphere to add to the greenhouse gases. At the same time, corporate farming of grains, fruits, vegetables and nuts have incorporated more herbicides and pesticides while stripping the flavor and nutrition from our food supply.

Oil companies, subsidized by US taxpayers, are searching farther and deeper for oil and gas while polluting the land and water wherever they go. Not only are they responsible for massive spills in our oceans. They are pumping millions of gallons of benzene and other chemicals into the ground which pollutes our ancient underground aquifers. Coal companies are removing entire mountaintops in Appalachia while destroying forests and streams. Manufacturers and refineries quietly dump their toxic waste into our streams or, if it is so toxic that it might raise alarms in the US, they ship it to third world nations for disposal.

At the same time we are destroying the planet with our greed, holy wars are being waged around the globe displacing millions of people in the name of God and Allah. The destruction is spurred on by military contractors who pump out weapons by the millions then traffic them globally in the name of “defense.”

Given all of these crises, you might expect that Congress is working overtime to find ways to end the destruction. But you’d be wrong. While the planet is quite literally melting down, our crack politicians are playing golf with the polluters; vacationing with the weapons manufacturers; sucking up to billionaire campaign donors; doling out subsidies to corporate farmers. And, instead of addressing the real issues, the GOP and its propaganda arms (Fox News Channel and talk radio) have voters in a tizzy over such issues as the religious freedom to discriminate against others, the imaginary “war on Christians” and the false narrative that “tree huggers” are standing in the way of job creation and higher wages.

And when GOP leaders are asked about climate change, they begin their denial with “I’m not a scientist” or “climate change is unproven.” Well, I’m not a scientist, either. But I have eyes and ears. I can see the effects of pollution. I can see films of rampant deforestation. I can read reports from climate scientists and environmental scientists. And I can listen to experts who flatly state that 2015 may be our last chance to begin the necessary changes to head off the cascading effects and downward spiral of climate change.

So what is the downside of committing to policies that will slow and eventually reverse the destruction of our planet?

There is none. Certainly, some industries and jobs will be negatively impacted. But far more will be created. Making positive changes such as reducing our consumption, changing to a more plant-based diet, and switching from carbon fuels to renewable energy sources such as solar, wind and biofuels should not be difficult. And the new industries these changes create will be the economic engines that drive our future…if we are to have a future on this planet.

Remembering The Greatest Economic Crash In History.

Looking back at the market crash of 2008, it’s difficult to believe that it represented a greater loss of stock and home equity than any previous crash in American history. Though we may be impatient for a full recovery of jobs and middle class incomes, we should take a few moments to recognize that the quick action by Congress and the Federal Reserve did, in fact, work. The same can be said for President Obama’s automotive bailouts and economic stimulus which were opposed and derided by Teapublicans.

So you have not yet been able to find the job you want? Or you feel that you are being undervalued and underpaid? Your frustration is understandable. But, when compared to the aftermath of lesser crashes, it could have been a whole lot worse. We were not relegated to soup lines and work camps as our parents and grandparents were following the stock market crash of 1929. But had President Obama not ignored the Teapublicans’ call for austerity measures, we well might have been.

To fully appreciate what I mean, you need to look at the extent of the losses in 2008.

The Dow Jones Industrials lost 778 points in one day – the greatest single day loss in history. It’s estimated that the market crash resulted in a $1.2 trillion loss of market equity. Looking at it another way, the Dow lost 33.8 percent for the full year – surpassed only by the bear markets of 1907 and 1931. Further, GDP contracted for more than a year. Unemployment rose from 5 percent to 10 percent before it began to drop. According to Zillow.com, $3.3 trillion in home equity was stripped from homeowners in 2008 as home values fell by 30 percent. Income levels fell, causing the net worth of households and non-profit organizations to fall by roughly $15 trillion. And the impact of the crash on retirement funds is virtually immeasurable. Indeed, those who were nearing retirement may never fully recover the money lost in their IRAs, 401ks and their defined benefit pension funds.

Despite all of that, our economy recovered remarkably quickly. If you don’t believe me, just look at the economies of many other advanced nations that are struggling with stagnation who mistakenly followed the advice of conservatives. By contrast, the GDP of the US is growing, our deficits have fallen at a dramatic rate and our national debt is now less than 3 percent of our GDP – and it would be much lower if Teapublicans hadn’t fought to give more tax breaks to corporations and the one percent. Certainly, income inequality is skyrocketing, but it was expanding long before the crash as a result of the Bush tax cuts. Yet rather than do something to address the issue, the GOP-led Congress has, instead, voted to eliminate estate taxes for the wealthiest 5,000 families in America!

Remember that the next time you hear someone claim that the GOP is the party of fiscal responsibility. It was GOP policies that led to the Great Recession. And, once again, it was Democratic leadership that led us out of it.

Iran Deal Is The Best Of Three Options.

Whatever you think of the framework to prevent Iran’s nuclear arms ambitions, it could be worse. Anyway you look at it, western nations have three possible options: 1 – Negotiate the best deal possible with Iran. 2 – Continue to allow Iran to develop its nuclear capabilities despite our sanctions. 3 – Declare war.

There are no others.

That said, let’s look at the options individually. A new war in the Middle East would result in a complete and utter disaster. It would not only spread the conflict between the Sunnis and Shiites. It would make the US the enemy of both for the foreseeable future. International terrorism would expand. And the cost to the US in blood and treasure would dwarf that of the Iraq and Afghan wars combined.

If we abandon the framework and impose new, stricter sanctions on Iran, it is a virtual certainty that Iran will have nuclear weapons within a few years and the sanctions will have hardened Iran’s attitudes against the West. The result will be a nuclear-armed nation that is stridently anti-American.

By contrast, the negotiated framework allows international inspections of Iran’s nuclear facilities and, at worst, will delay the creation of a nuclear bomb for at least ten years. In the meantime, the easing of sanctions will likely soften anti-American sentiment by the Iranian populace – many of whom want closer relations with the US. Moreover, we’ll have opened dialogue with the Iranian government and people showing that we can work in cooperation despite our differences.

Given the possible options, the US and Iran have only one real choice: Give peace a chance. Don’t let the same war-mongering politicians who led us into Iraq on false pretenses convince you otherwise.

The Ongoing Bloodless Coup.

Prior to the Great Depression, the world’s financial institutions and industrialists had most everything going their way. Still living in the gilded age, they had been able to stave off labor unions by exercising all of the power their money could muster. But when the stock market crashed and Herbert Hoover failed to right the ship of state, things changed. Franklin Delano Roosevelt and Vice President Henry Wallace, led a new movement intended to help the common men and women who were out of work and out of money. This didn’t sit well with the wealthy financiers on Wall Street who had visions of turning America into a fascist government based on those of Germany and Italy.

Even before FDR’s inauguration, they struck.

Though ties to the nation’s elite were never proven, it seems clear that they had hired a lone assassin to shoot the president-elect at a public speech. But, thanks to a woman in the crowd who spoiled the shooter’s aim, FDR escaped unharmed as the bullets struck five members of his party, eventually leading to the death of the mayor of Chicago.

Then, when FDR abandoned the gold standard at the behest of manufacturers whose foreign customers could no longer afford their products, Wall Street went nuts. They believed their wealth and investments would be devalued. Almost immediately, they began seeking new ways to remove FDR from office, eventually settling on the so-called “Business Plot” involving an army of 500,000 veterans under their employ. The army was recruited from the right-wing American Legion that had already been used to beat back (quite literally) the labor union movement. The plan was for Wall Street’s army to march to the White House where it would capture FDR and replace the democratically-elected government with a business-friendly government that would mirror Mussolini’s fascist government of Italy.

Seriously!

The fact that Henry Ford and Charles Lindbergh were Nazi sympathizers has been long established. But they represented just the tip of the iceberg. Other fascist supporters included the leader of the American Legion and many of J.P. Morgan’s allies, including Prescott Bush (father of George H.W. Bush and grandfather of George W. Bush and Jeb Bush), George Herbert Walker (Prescott Bush’s father-in-law), Irenee du Pont, and many others. And, though Bush and Walker escaped the embarrassment of an investigation and trial, it seems clear that they helped finance the Axis war machine even after the US declared war following Pearl Harbor.

As outrageous as it may seem, the Business Plot likely would have succeeded had the plotters not sought the help of Major General Smedley Butler. A lifelong Republican and loyal patriot, Butler played along with the plotters only long enough to take names before exposing the plot. Of course, many later dismissed the plot as a hoax, but the fact remains that the final report from a congressional committee stated: “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.” Further, the report stated that “the committee was able to verify all the pertinent statements made by General Butler, with the exception of the direct statement suggesting the creation of the organization.” However, that statement was later corroborated in written correspondence from one of the plot’s leaders, Gerald C. MacGuire.

Yet, even though the plot was acknowledged to be a real threat, congressional hearings on the matter refused to release the names of the conspirators revealed by Butler, and Congress dragged out the proceedings long enough to allow Wall Street’s propaganda machine to gloss over the coup attempt.

Although details and the names of those behind the coup attempt were eventually exposed, and FDR was re-elected two times, it appears that the idea of a hostile takeover of our government never faded from the minds of some of America’s wealthiest families. But, instead of relying on an army of veterans to help them pursue their goals, it seems that the fascists have chosen, instead, to rely on something more familiar and trustworthy…money.

I’m referring, of course, to the global industrialists who profited from the Nixon administration, the large manufacturers who were able to beat back labor unions with help from the Reagan administration, and the interests of Big Oil, military contractors and private equity firms that profited handsomely during the Bush/Cheney administration. Of course, these big money interests had a setback in 2008 and 2012 when President Obama defeated their preferred candidates. But they most certainly haven’t given up.

They not only have a sympathetic majority of the Supreme Court, which ruled that money equals free speech, that corporations have the rights of individuals and that there should be no limits on political donations. They have control of the American propaganda machine, otherwise known as mass media. And thanks to the billions in dark money laundered through a complex network of non-profit “education” organizations, they have retaken control of Congress where Teapublicans are gleefully working to pay back their masters by attempting to deregulate Wall Street, defund the Consumer Financial Protection Agency, gut the Environmental Protection Agency and nullify the Dept. of Labor. They even want to eliminate the Dept. of Education (likely on the premise that an educated and informed citizenry is a threat to their rule).

There’s an old adage that tells us the best way to uncover corruption is to follow the money. That’s especially true when it comes to politics.

For more information about the Business Plot, check out the link to a segment on National Public Radio.