While the United states Armed Forces (private mercenaries) are in Afghanistan, Djibouti, Iraq, the Philippines and west Africa defending “all freedom-loving people everywhere in the world,” Republican (fascist/socialist) President George W. Bush signs the Financial Services Regulatory Relief Act of 2006, relieving the nation’s commercial banks from having to maintain any Federal Reserve Notes (Bills of Credit) in their vaults to meet depositor withdrawal demands.

       NOTE: This act was supposed to have taken effect five years hence.  But with the onset of the Great Recession, it was accelerated to take effect immediately.

       [restored 3/2/2024] Thanks to Freedom’s Phoenix for this entry.