Former President Plutarco Elías Calles, of Mexico, founds the National Revolutionary Party (PNR) to prevent further violent power struggles between the victorious factions of the Mexican Revolution, thus assuring peaceful, orderly transfers of power within the party.
Postscript: Today the PNR is known as the Institutional Revolutionary Party (PRI).
[added 9/13/2020]
Republican (fascist/socialist) Coolidge turns the presidency over to Republican Herbert C. Hoover, former Secretary of Commerce. Coolidge is giving to Hoover a national debt that has contracted from 22,000.000,000 to 17,000.000,000 Dollars, going from 26 to 16% of the Gross National Product, and from 200 to 140 Dollars per person.
NOTES:
- The nation is still paying for the Panics of 1837 and 1857; the War of Federal Aggression; and the Great War (World War I) through unlawful Direct (income) taxes placed upon United States subject-citizens.
- The Democratic and Republican (status quo) parties have now maintained a 32-year duopoly on political power.
[added 6/28/2022]
Subsequent Events:
Authority:
Article II, Section 1 [Clause 8]
ccc-2point0.com/constitution-for-the-united-states
Article XII of Amendment
ccc-2point0.com/constitution-for-the-united-states#aXIIfa
References:
Institutional Revolutionary Party – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Institutional_Revolutionary_Party
Plutarco Elías Calles – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Plutarco_Elías_Calles
Government -historical Debt Outstanding— Annual
www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt.htm
American Revolution – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/American_Revolution
Demographics of the United States – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Demographics_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
Current U.s. National Debt:
