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November 21, 2014
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![]() ![]() US President Franklin D. Roosevelt Forbids Hoarding of Gold (1933)Executive Order 6102 required US citizens and businesses to turn in all but a small amount of gold to the Federal Reserve in exchange for $20.67 per ounce. It came in the midst of a banking crisis, when the stability of paper currency was in doubt. Consequently, many tried to withdraw their money and redeem it for gold, which was considered safer. However, there simply was not enough gold in the US—or the world—to cover the nation's debts. How many people were prosecuted for violating the order? More... Discuss |
3 comments:
Well if she does I hope she is on contraceptives!
Ding Ding Ding, we have a winner!
I was going to add "And if she DOES wink, I hope she's on the pill." but I thought I'd see if anyone else would add that.
You've won a chance in the drawing for the ToTG Free Gas For a Year contest*.
*It's a 25 lb sack of pinto beans.
You two gave me a good laugh with this :)
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