Originally Posted By: TwiceBarrel
If this Presidential Order dated April 1933 is legitimate the directive to deliver all gold currancy to your local Federal Reserve Bank sure sounds like confiscation to me. http://www.the-privateer.com/1933-gold-confiscation.html


If I was to pick ONE act that started us down the path to Socialism this would be it. We went from the gold standard on to the silver standard on to the point in 1964 where the only backing for our currency was and is the governments promise to pay.
There is a law most of us learned about while taking Money and Banking in college called Greshams Law. This law states that bad money will drive good money out of circulation every time. I'm NOT blaming what happened here on any ONE entity as all the politicians allowed this to happen.
Prior to 1964 you could exchange a dollar bill for the equivelent in silver coin. I think you all know what would happen if you tried to do this today.
Jim

The 2nd Amendment IS an unalienable right.