Posted on 10/19/2014 8:32:03 AM PDT by Oldpuppymax
This installment reveals how Democrat Franklin Delano Roosevelt acted like a king and dictator even as he managed to be dangerously incorrect on nearly every decision he was required to make.
Emperor and Dictator
From his first days as Chief Executive, Franklin Roosevelt pushed aside the Constitution in order to act as an emperor and dictator rather than an elected President. Upon taking office, Dictator Roosevelt made private ownership of gold illegal and sent government agents to invade private homes and businesses searching for gold to confiscate with fervor the Spanish Conquistadors would be proud of.
Before Roosevelt’s illegal Gestapo raids our money was backed by gold. Roosevelt devalued the price of gold to a fixed $35.00 per ounce. [25]
It is important to note that in spite of all of Roosevelt’s spending – whether legal or illegal – from 1933 to 1941 the unemployment rate did not fall below 14.3%. In fact unemployment sky rocketed 4.7% from 1937 to 1938 and hit 19% when the federal inflated money stream (read STIMULUS MONEY) ran dry. Dictator Roosevelt tried the same wild and senseless “stimulus” spending Barack Obama has tried and had as little success. [26]
Besides prolonging the Great Depression, which greatly benefited him and the Democrats, Roosevelt wasted no time violating the 1932 Democrat platform he was elected on which called for reducing government spending by 25%, a balanced budget, currency backed by gold and the discontinuation of ‘extravagant’ Republican farm programs. The platform said, “We believe that a party platform is a covenant with the people to be faithfully kept by the party entrusted with power.”[27] Roosevelt’s Double Deal
While Franklin Roosevelt called his approach to governing his “New Deal”, “Double Deal” was more like it.
Roosevelt was sworn in on March 6...
(Excerpt) Read more at coachisright.com ...
I tried to buy the book at Amazon, but they don’t seem to have it.
The Hoover administration also believed that high prices caused prosperity. Must have been a common belief at the time.
Despite Hoover being a “Republican”, he had fully adopted the socialistic market control concept.
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