Until 1933, the American dollar was redeemable for gold. The country then passed the Emergency Banking Act, aimed at restoring public confidence in the nation’s financial system and halting the exchange of dollars for gold. In 1971, President Richard Nixon made the decision to permanently suspend...
This strategy bears resemblance to Hitler’s use of the Reichstag Fire Decree and the Enabling Act in 1933. Following the Reichstag fire, Hitler exploited fears of Communist insurrection to pass the decree, which suspended civil liberties and allowed for the arrest of political opponents without due...
"We have gold because we cannot trust governments," President Herbert Hoover famously said in 1933 in his statement to Franklin D. Roosevelt. This statement foresaw one of the most draconian events in U.S. financial history: the Emergency Banking Act, which forced all Americans to convert their...
"By the time our guys on the sled team had put their harnesses on and had the equipment ready to go, the drone already had gone up, made radar contact with the P-38, and landed. You could see in real time what the drone actually was seeing. It was incredible." Since the radar ...
1 Comment on What was the Kronstadt Rebellion?What was the Kronstadt Rebellion? What was the Kronstadt Rebellion? The Kronstadt rebellion took place in the first weeks of March 1921. Proclaimed by Trotsky himself as being the "pride and glory of the Russian Revolution," its sailors were renowne...
The current crisis can be traced directly back to 2021, however, when then-Prime Minister Jovenel Moïse, who was facing a mounting economic and political crisis as he led the country by decree and without a democratic mandate was assassinated. ...
He tried to stop the hole with the heel of his boot Halt To stop; pause The hikers halted for lunch and some rest. Stop Be or behave in a particular way ‘Why was she so?’‘I don't know, you know how dem old people stop.’ Halt To walk lamely or move in an irregular fashion...