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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThom Hartmann: The Plot to Destroy America -- and What We Can Do to Stop It
http://www.alternet.org/thom-hartmann-plot-destroy-america-and-what-we-can-do-stop-itThe following is an excerpt from Thom Hartmann's new book, THE CRASH OF 2016: The Plot to Destroy America--and What We Can Do to Stop It (Twelve Books, 2013).
There are very few Americans still alive who heard President Franklin D. Roosevelt, in March 1933, address the nation as he was being sworn into office. Which is why many Americans today believe that when FDR famously said, The only thing we have to fear is fear itself, he was talking about World War II. But Roosevelt said that long before Hitler had even fully consolidated his own power in Germany.
Instead, the fearand the warwas here in America. He was speaking of the Great Depression.
The week of his inauguration, every state in the country closed their banks. The federal government couldnt make its own payroll. A quarter of working-age Americans were unemployed some measurements put it at a third and unemployment in minority communities was off the scale.
While Herbert Hoover, when campaigning against Roosevelt in 1932, had denied there was hunger in America, and said, Even our hoboes are well fed, the truth was that the single largest occupation at the time among Americans was scavenger: people following food trucks and trains, catching the bits that fell off, or doing what we today call Dumpster diving.
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Thom Hartmann: The Plot to Destroy America -- and What We Can Do to Stop It (Original Post)
xchrom
Nov 2013
OP
chervilant
(8,267 posts)1. A cultural infection?
In his First Inaugural in 1933, FDR alluded to the rulers of the exchange of mankinds goods who had failed.
He told the nation, Practices of the unscrupulous money changers stand indicted in the court of public opinion, rejected by the hearts and minds of men.
He added, True they have tried, but their efforts have been cast in the pattern of an outworn tradition. Faced by failure of credit, they have proposed only the lending of more money.
Stripped of the lure of profit by which to induce our people to follow their false leadership, they have resorted to exhortations, pleading tearfully for restored confidence.
They know only the rules of a generation of self-seekers. They have no vision, and when there is no vision the people perish.
Roosevelt understood that while genuine kings and theocrats had been pushed to the fringes of the world in the century and a half since the American Revolution, the forces of plutocracyeconomic rule by the very wealthyhadnt really gone anywhere. And theyd been running amok during the previous decade.
By 1936, Roosevelt had a name for them: the Economic Royalists. Eight years later, against the backdrop of World War II, FDRs vice president, Henry Wallace, referred to these plutocratic forces as Fascists.
During our Revolution, they were called Loyalists and Tories.In the early days of our new nation, they eventually called themselves Federalists and were led by Americas second president, John Adams, and our first treasury secretary, Alexander Hamilton.
Early on, they were rather benign; the real cancer came as the nation became richer.
By the last half of the nineteenth century, during the Gilded Age in America, the newspapers called them the Robber Barons.
Today, these forces of the very wealthy are often simply referred to as the 1 percent (even though they actually represent a much smaller number than thata tiny fraction of the top 1 percent of Americans, economically).
Regardless of their name, their rise to power has always been a harbinger of impending collapse.
That economic 'behavior' is cyclical is an oft ignored and seldom understood reality. That capitalism -- by definition -- creates scarcity and extreme wealth disparity is a reality the uber wealthy (and their economicsycophantsadvisors) work very hard to obfuscate.