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Will Obama Manage to Dispossess American Billionaires?
Paradoxical but true - the current situation in the US generally looks very much like that in the USSR in late 1920s – early 1930s when the USSR found a way out of the crisis by collectivizing and dispossessing the wealthiest groups of peasants, and in the US during the presidency of Franklin Roosevelt (1933-45) where the same thing was done under a motto of ‘democracy’ and care for ‘simple Americans’. Roosevelt signed Decree No. 6102 of 5 April 1933 to ‘mitigate the critical situation of the US banking industry’ and ordered to seal all bank safe deposit boxes of American individuals and legal entities who, from that day, were not allowed to own gold (including gold coins) seized by the US authorities and exchanged for fiat money.