Republican (fascist/socialist) President Hoover turns the presidency over to Democratic (socialist/fascist) de facto governor Franklin Roosevelt, Esq., of new york. Hoover is giving to Roosevelt a national debt that has expanded from 17,000,000,000 to 23,000,000,000 Dollars, going from 16 to 39% of the Gross National Product, and from 140 to 180 Dollars per person.
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 now the pre-New Deal through unlawful Direct (income) taxes placed upon United States subject-citizens.
- 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].
- In terms of monetary amount the national debt stood where it was when President Coolidge assumed the presidency; but because of the collapsing economy (due to the Great Depression) in terms of GNP, the GNP had risen from the equivalent of 25%.
- So much for fiscally conservative Republicans!
- The Democratic and Republican (status quo) parties have now maintained a 36-year duopoly on political power.
[restored 7/2/2022]
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
“Law of the Jungle”
ccc-2point0.com/preface
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
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
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
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:
