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I have trouble with the conspiracy theory simply because there was nothing to be gained by not doing anything about it and a lot to be lost.
Just knowing about the attack was grounds in itself for war so I doubt FDR would have simply sat back and done nothing with this information, at the very least the naval base would have been emptied and/or a counter strike prepared against the Japanese taskforce in the event of an attack.
We are more often treacherous through weakness than through calculation. ~Francois De La Rochefoucauld |