The New Deal I (1933 – 1934) continues: Democratic (socialist/fascist) de facto President Franklin Roosevelt, Esq.—without a constitutional amendment—signs the Emergency Farm Mortgage Act, providing mortgage relief at below market rates to the 20% of family farms that are in the greatest danger of failing.
NOTE: As an attorney (Officer of the Court) Roosevelt was ineligible to serve in two branches of government at the same time, according to Article I, Section 6 [Clause 2].
[restored 7/3/2022] Thanks to Bill Holmes for this entry.
The New Deal I (1933 – 1934) continues: Democratic (socialist/fascist) de facto President Franklin Roosevelt, Esq.—without a constitutional amendment—signs the Federal Emergency Relief Act, providing 500,000,000 Dollars in jobless benefits.
[restored 7/3/2022]
The New Deal I (1933 – 1934) continues: Democratic (socialist/fascist) de facto President Franklin Roosevelt, Esq.—without a constitutional amendment—signs the Agricultural Adjustment Act of 1933, which will terminate “whenever the President finds and proclaims that the national economic emergency in relation to agriculture has been ended.” The act requires that surplus production must be destroyed thus raising prices for consumers, and curtailing potential profits for farmers. This is accomplished by levying an excise tax on agricultural processors to finance that destruction of crops and livestock.
Postscript: To this date no President—not even Ronald Reagan—has found the agricultural crisis ended and terminated this act by merely issuing a proclamation.
[restored 7/3/2022]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Agricultural Adjustment Act, 48 Public Statutes at Large 31, 34-36 (1933).
Robert Higgs, Crisis and Leviathan: Critical Episodes in the Growth of American Government, (Oakland, California: The Independent Institute, 1987), 165-77.
Alfred H. Kelly and Winfred A. Harbison, The American Constitution: Its Origin and Development, revised version, (1948; New York: W.W. Norton, 1955), 720.
Calvin D. Linton, ed., The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 332.
Lawrence W. Reed, “Great Myths of the Great Depression,” The Freeman, 48 (August 1998): 478, 480-81.
Farm Credit Administration – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Farm_Credit_Administration
Federal Emergency Relief Administration – Wikipedia
en.wikipedia.org/wiki/Federal_Emergency_Relief_Administration
Current U.s. National Debt:
