Republican (fascist/socialist) de facto President Nixon, Esq., speaking to the United States Chamber of Commerce, announces that Phase IV of his New Economic Program has been a success.  Accordingly, he has terminated controls in approximately 165 sectors of the economy.

       NOTES:

• As an attorney (Officer of the Court) Nixon was ineligible to serve in two branches of government at the same time, according to Article I, Section 6 [Clause 2].
• In the nine years prior to Nixon’s NEP the official annual inflation (depreciation of the Federal Reserve Note) rate, as reported by the Bureau of Economic Statistics, was 3.3% per year; in the nine years after the termination of the NEP, the BES reported annual inflation rate averaged 9.0% per year.  The primary cause of inflation is the printing of FRNs by the unlawful, privately owned Federal Reserve System of (central) Banks.  That is why the framers and ratifiers denied Congress the power to issue “Bills on the Credit of the United States,” and not “make any Thing but gold and silver Coin a Tender in Payment of Debts.”  Yet neither Nixon, nor his two immediate successors, who styled themselves as “inflation fighters,” made any effort to “END the FED,” and return the nation to a constitutional, commodity-based currency.

       [restored 11/12/2022]