To: vets son
In the 1930’s FDR confiscated gold with only 30 days notice for holders to go to the bank and get what FDR deemed as it’s value not the market! History repeating itself?
posted on 09/16/2010 12:31:03 PM PDT
How did FDR go about the actual confiscation of the gold. Did he seize all safety deposit boxes at banks? Did he enter private homes and demand to have the gold? What about those who refused?
posted on 09/16/2010 12:40:57 PM PDT
He then sold it short on the world market and further devalued our currency. FDR was an idiot.
posted on 09/16/2010 12:47:52 PM PDT
(I owe everything to George Bailey)
But there will be many more pissed off people this time around than in the 30’s. And most of them will be known because of the better record keeping today.
posted on 09/16/2010 12:47:57 PM PDT
(ISLAM - America's inevitable road to destruction.)
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