Democratic (socialist/fascist) President Lyndon Johnson turns the presidency over to Republican (fascist/socialist) former de facto Vice President Richard M. Nixon, Esq.  Johnson is giving to Nixon a (publicly held portion of the) national debt that has expanded from 306,000,000,000 to 354,000,000,000 “dollars,” going from 1,620 to 1,740 “dollars” per person, but fallen from 48 to 35% of the Gross National Product.

       NOTES:

  • The nation is still paying for the Panics of 1837 and 1857; the War of Federal Aggression; the Great War (World War I); and the pre-New Deal through unlawful Direct (income) taxes placed upon United States subject/enemy/citizens.
  • As an attorney (Officer of the Court) Nixon was ineligible to serve in two branches of government at the same time, according to Article I, Section 6 [Clause 2].
  • The Democratic and Republican (status quo) parties have now maintained a 72-year duopoly on political power.

       [restored 10/23/2022]

Subsequent Events:

8/9/1974                   6/26/1981                    7/6/1988

Authority:

Article II, Section 1 [Clause 8]
ccc-2point0.com/constitution-for-the-united-states

References:

Government – Historical Debt Outstanding – Annual 1850 – 1899
www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo2.htm

List of Presidents of the United states – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/List_of_Presidents_of_the_United_States

Measuring Worth – GDP result.
www.measuringworth.com/datasets/usgdp/result.php

Bureau of Economic Analysis is an agency of the U.S. Department of Commerce.
www.bea.gov/national/index.html#gdp

Leviathan on the Right (How Big-Government Conservatism Brought Down the Republican Revolution) | Strike-The-Root: A Journal Of Liberty
www.strike-the-root.com/71/lfb/lfb1.html

Demographics of the United States – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Demographics_of_the_United_States

US Real Gross Domestic Product GDP History 1792 to 1940
www.usgovernmentspending.com/downchart_gs.php?year=1792_1940&view=1&expand=&units=k&fy=fy11&chart=&bar=0&stack=1&size=m&title=US

Current U.s. National Debt:

$36,167,124,467,492

Source