Monday, January 7, 2019

Federal Reserve Banksters Were the Real Depression Era Gangsters


Despite the varied theories espoused by many establishment economists, it was none other than the Federal Reserve that caused the Great Depression and the horrific suffering, deprivation and dislocation America and the world experienced in its wake. At least, that’s the clearly stated view of current Fed Chairman Ben Bernanke...

Today, the entire Western financial world holds its breath every time the Fed chairman speaks, so influential are the central bank’s decisions on markets, interest rates and the economy in general. Yet the Fed, supposedly created to smooth out business cycles and prevent disruptive economic downswings like the Great Depression, has actually done the opposite.

https://www.wnd.com/2008/03/59405/
In the Woody Guthrie version of the Ballard of Pretty Boy Floyd, you see that there is a real element of seeing the bankrobber/outlaw as both a victim and as public benefactor. I include them all here:
Lyrics as recorded by Woody Guthrie, RCA Studios, Camden, NJ, 26 Apr 1940
Transcribed by Manfred Helfert
(c) 1958 Sanga Music Inc., New York, NY
If you’ll gather ’round me, children,
A story I will tell
‘Bout Pretty Boy Floyd, an outlaw,
Oklahoma knew him well.
It was in the town of Shawnee,
A Saturday afternoon,
His wife beside him in his wagon
As into town they rode.
There a deputy sheriff approached him
In a manner rather rude,
Vulgar words of anger,
An’ his wife she overheard.
Pretty Boy grabbed a log chain,
And the deputy grabbed his gun;
In the fight that followed
He laid that deputy down.
Then he took to the trees and timber
To live a life of shame;
Every crime in Oklahoma
Was added to his name.
But a many a starving farmer
The same old story told
How the outlaw paid their mortgage
And saved their little homes.
Others tell you ’bout a stranger
That come to beg a meal,
Underneath his napkin
Left a thousand dollar bill.
It was in Oklahoma City,
It was on a Christmas Day,
There was a whole car load of groceries
Come with a note to say:
Well, you say that I’m an outlaw,
You say that I’m a thief.
Here’s a Christmas dinner
For the families on relief.
Yes, as through this world I’ve wandered
I’ve seen lots of funny men;
Some will rob you with a six-gun,
And some with a fountain pen.
And as through your life you travel,
Yes, as through your life you roam,
You won’t never see an outlaw
Drive a family from their home.

1. With regard to your questions, I think three elements are important to remember, and they come in conjunction in explaining the popularity of criminal figures during the Depression era in the United States:
-First is the economic crisis which began with the stock exchange crash of
1929...


https://matisak.wordpress.com/2009/07/14/john-dillinger-hero-or-criminal/

Excerpt from Weird Ohio:

Pretty Boy didn't know it, but his accomplice Richetti had squealed to the cops a day earlier that the man they were after was indeed the Pretty Boy Floyd. A two-hundred-man posse led by FBI agent Melvin Purvis (who had gunned down Dillenger in Chicago was about to close in on Floyd.

The feds went to a few farmhouses and found that Flotd had been there, asking for food and to wash up. Driving by the Conkle farm in East Liverpool, Purvis spotted Floyd in a car next to a cornfield. Floyd took off on foot, running across a cornfield, and was shot in the arm and back by police officer Chester Smith. The feds gathered around him. The last words he spoke before he died were "I am Floyd."

His body was taken to the Sturgis Funeral Home in East Liverpool, where he was embalmed, and the $122 found on him was used to pay for his funeral. His bloody blue suit was torn into swatches and passed out to the roughly ten thousand people who filed by his coffin.

The official postmortem was that Pretty Boy Floyd's body had three bullets in it at the time of his death, but only two had been fired by Officer Smith. It seems nobody bothered to question that bit of information at the time.

Years later, Charles Smith confessed in Time magazine that Melvin Purvis was trying to get a confession out of Floyd in the cornfield for the Kansas City Massacre, a bloody and failed attempt to free a Floyd crony named Frank  Nash from federal custody. When Floyd wouldn't confess, Purvess had agent Herman Hollis execute him as he lay dying in the cornfield.




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Federal Reserve Banksters Were the Real Depression Era Gangsters