Democratic (socialist/proto-fascist) de facto President Wilson (having received an unlawful advantage of 50 ineligible Electoral votes)—without a constitutional amendment—signs the Emergency Loan Act authorizing the issuance of 5,000,000,000 “Dollars” in war bonds (deficit spending) paying 3.5% annual interest.
[restored 6/13/2022]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Calvin D. Linton, ed., The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 283.
us events
www.duke.edu/~charvey/Country_risk/chronology/us-events.htm
3rd Liberty Loan Act – Wikipedia
en.wikipedia.org/wiki/3rd_Liberty_Loan_Act
Current U.s. National Debt:
