Handing over many of the private sectors to non Federal entities and non vetting of Czars which is non authorized according to the U S Constitution?
Can you imagine getting a noticed like that in 1933 pretty scary stuff?
And how is handing over the wealth of the Nation to a non Federal entities enabling for America?
Is this not the hijacking of America in broad day light due to the ignorance of the populace!
How was this ever constitutional?
Was this the first major violation of the constitution leading to where we are today?
I can remember my X’s family not being able to buy and sell gold bars at coin shows. It took Reagan to overturn the Gold ownership ban.
The naked theft of privately-owned money not encumbered by debt, as far as I can tell, had NO legal and NO Constitutional rationale. If it had been done by legislation, it would have been a Bill of Attainder. Since it was done by EO, it was even worse, an act of dictatorship with no underpinnings in law or custom.
Is anyone aware of ANY published justification of this remarkable action?
It’s still hard for me to believe that many people complied with this order.
It wasn’t law.
It was an executive order by another socialist.
Bttt
Anyone who knows about this, and very few do in truth, and still doesn’t think FDR was a communist(socialist if you wish to use the wimp term)is delusional.
“Are there not similarities today’s executive order Confiscation of GM etc?”
Obama is just finishing what FDR started. They both take (took) orders from the New World Order via the KGB.
****Section 2. All persons are hereby required to deliver on or before May 1, 1933, to a Federal Reserve bank or a branch or agency thereof or to any member bank of the Federal Reserve System all gold coin, gold bullion, and gold certificates now owned by them or coming into their ownership on or before April 28, 1933, except the following:...****
I have a reproduction copy of the Dallas Morning News, Monday,January 1 1900.
On page 12 is an article about Jefferson Davis, trial for treason (A Celebrated Bail Bond).
Way down in the article there is menion of Salmon P Chase, Chief Justice of the Supreme Court. The article mentions that Chase, when Secretary of the Treasury, issued the first greenbacks and by his own edict made them legal tender.
When he became Chief Justice of the Supreme court and questions of the greenbacks being legal tender came up, he changed his mind and declared that ONLT GOLD AND SILVER was legal tender or could ever be made legal tender.
So, what do we do with these green paper thinggies in my pocket? They are worth less than 10 cents compared to their value in 1960.
No. There is no outward similarity with the GM situation. GM declared bankruptcy and went before a judge, who did what he did. Prior to that the bailouts were done via act of Congress.
FDR’s crimes against the constitution and assumption of near dictatorial powers over the USA remain unique.
Will Obama start ordering Americans around with executive orders? Perhaps. He seems to be a terrible narcicist and meglomaniac.
Congress had no authority to pass on their charge they were given by the people to the [Non-Federal] Reserve.
even in those days 1933 Louis Mcfadden warn about this is there were several attempts on his life and he did die in 1936!
Louis McFadden on the Federal Reserve
Speech by Rep. Louis T. McFadden denouncing the Federal Reserve System
— by Louis McFadden, 1932-06-10 source: Congressional Record, June 1932, pg 12595-12603
http://www.modernhistoryproject.org/mhp/ArticleDisplay.php?Article=McFadden1932
McFadden was born in Granville Center, Troy Township, Bradford County, Pennsylvania. He graduated from Warner’s Commercial College in Elmira, New York. In 1892 he entered the employ of the First National Bank in Canton, Pennsylvania. In 1899 he was elected cashier, and became its president on January 11, 1916, serving until 1925.
He served as treasurer of the Pennsylvania Bankers’ Association in 1906 and 1907, and as president in 1914 and 1915. He was appointed in 1914 by the agricultural societies of the State of Pennsylvania as a trustee of Pennsylvania State College.
[edit] Political career
In 1914, McFadden was elected as a Republican Representative to the Sixty-fourth Congress and to the nine succeeding Congresses. He served as Chairman of the United States House Committee on Banking and Currency during the Sixty-sixth through Seventy-first Congresses, or 1920-31. Though re-elected without opposition in 1932, in 1934 he lost to the Democratic nominee by 561 votes. He was an unsuccessful candidate for nomination in 1936.
McFadden’s main official legacy was the working on and the passing of the McFadden Act of 1927 limiting federal branch banks to the city in which the main branch operates.The Act sought to give national banks competitive equality with state-chartered banks by letting national banks branch to the extent permitted by state law. The McFadden Act specifically prohibited interstate branching by allowing national banks to branch only within the state in which it is situated. Although the Riegel-Neal Interstate Banking and Branching Efficiency Act of 1994 [1] repealed this provision of the McFadden Act, it specified that state law continues to control intrastate branching, or branching within a state’s borders, for both state and national banks.
McFadden was known for openly attacking alleged secret control of the banking system. He claimed that international bankers controlled the American economy. McFadden said that the United States had to choose between “God and the money changers who have unlawfully taken our gold and lawful money into their possession”. This comment has been seen by some as an attack on Jews based on the idea that international banking is controlled by some select Jews. McFadden also blamed Jews for president Roosevelt’s decision to abandon the gold standard, and claimed that “in the United States today, the Gentiles have the slips of paper while the Jews have the lawful money.”[1] Again based on the precept that international banking is controlled by some select Jews. Statements like these have resulted in McFadden being labeled a hater of Jews. McFadden was regarded as hostile by Jews in the American government.[2]
McFadden is also remembered for his criticism of the Federal Reserve, which he claimed was created and operated by European banking interests who conspired to economically control the United States. On June 10, 1932, McFadden made a 25-minute speech before the House of Representatives, in which he accused the Federal Reserve of deliberately causing the Great Depression. McFadden also claimed that Wall Street bankers funded the Bolshevik Revolution through the Federal Reserve banks and the European central banks with which it cooperated. In the same speech McFadden expressed dismay at the fact that over $13 million in gold had been shipped to a rebuilding Germany that year by the Federal Reserve. He also explained how Nelson Aldrich was tutored by European bankers, then later submitted the Aldrich bill, a translation of the statutes of the Reichsbank and other European central banks, which became the Federal Reserve Act after a half-million-dollar public information program. [3]
As part of his attempts to root out corruption in the Federal Reserve McFadden moved to impeach President Herbert Hoover in 1932, and also introduced a resolution bringing conspiracy charges against the Board of Governors of the Federal Reserve. The impeachment resolution was defeated by a vote of 361 to 8; it was seen as a big vote of confidence to President Hoover from the House.[4]
In 1933, he introduced House Resolution No. 158, articles of impeachment for the Secretary of the Treasury, two assistant Secretaries of the Treasury, the Board of Governors of the Federal Reserve, and the officers and directors of its twelve regional banks.
There were two attempts on McFadden’s life, a failed shooting and an apparent poisoning that made him “violently ill” after attending a political banquet in Washington. [5][6] He died in 1936 on a visit to New York City and was interred in East Canton Cemetery in Canton, Pennsylvania.
[Wiki]
It was unconstitutional when one understands
bkmk