Democratic (socialist/fascist) de facto President Franklin Roosevelt, Esq., signs the Homeowners Refinancing Act, creating the Home Owners’ Loan Corporation, for the purpose of creating more fully amortized loans (paid in full at the end of the term), as opposed to short term terms loans that require re-financing at the end of their terms.

       NOTE: 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].

      [restored 7/9/2022]

Subsequent Events:

8/29/1933                   12/28/1933

Authority:

“Law of the Jungle”
ccc-2point0.com/preface

References:

U.S. Banking Timeline
www.libertyforlife.com/banking/currency-us-timeline.html

Home Owners’ Loan Corporation – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Home_Owners’_Loan_Corporation

Current U.s. National Debt:

$36,167,124,467,492

Source