Woe unto them that call evil good, and good evil; that put darkness for light, and light for darkness; that put bitter for sweet, and sweet for bitter!

—- Isaiah 5:20

       When you see that in order to produce, you need to obtain permission from men who produce nothing; when you see that money is flowing to those who deal not in goods, but in favors; when you see that men get rich more easily by graft than by work, and your laws no longer protect you against them, but protect them against you. … you may know that your society is doomed.

—- Francisco d’Anconia, Atlas Shrugged

       The New Deal II (1935 – 1939) continues: Democratic (socialist/fascist) de facto President Franklin Roosevelt, Esq.—without a constitutional amendment—signs the Gold Clause Act, repudiating the repayment of the national debt with lawful Money (gold and silver Coin).  This is tantamount to a declaration of bankruptcy, as lawful Money was borrowed to create the national debt, but now it is to be repaid with irredeemable Federal Reserve Notes (Bills of Credit).

       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].

        [added 7/15/2022] Thanks to Bill Holmes for this entry.

Subsequent Events:

8/28/1935                   8/29/1935                   2/19/1941

Authority:

“Law of the Jungle”
ccc-2point0.com/preface

References:

Encyclopedia of Banking and Finance, s.V. “New Deal,” 753.

The New Deal
www.uri.edu/artsci/newecn/Classes/Art/INT1/Mac/1930s/new_deal.htm

Current U.s. National Debt:

$36,167,124,467,492

Source