Gold Confiscation - The Real Story

I’m getting tired of people like Anthony Weiner telling people that the government didn’t take people’s gold in 1933 and that it could never happen in the future.  The truth is, the law hasn’t changed since Roosevelt pushed through the Emergency Banking Act.

Does this sound familiar?

“The house is burning down, and the President of the United States says this is the way to put out the fire. [Applause.] And to me at this time there is only one answer to this question, and that is to give the President what he demands and says is necessary to meet the situation.”

The law was then past before it was read by anyone in Congress.