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In 1933 and 1934, an alleged plot to overthrow the government of Franklin Delano Roosevelt (FDR) by Wall Street Bankers may have happened. While contemporary newspapers called it a gigantic hoax, others, including the Houses Special Committee on Un-American Activities, found the allegations credible. You decide: During the campaign of 1932, FDRs promise of jobs for the unemployed frightened businessmen, who feared he would turn their capitalist nation socialist, and engage in what they viewed as reckless government spending. To add insult to injury, one of Roosevelts first economic acts as President was to abandon the gold standard in April 1933. Conservatives were outraged. As Senator Henry D. Hatfield wrote: This is despotism, this is tyranny, this is the annihilation of liberty . . . . The ordinary American is thus reduced to the status of a robot. The president has not merely signed the death warrant of capitalism, but has ordained the mutilation of the Constitution, unles