“The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”
Franklin D. Roosevelt’s gold confiscation order in 1933 attempted to remove most gold from private hands. But due to widespread noncompliance, it ultimately failed to accomplish that goal. Nevertheless, the order and the acts that followed still wreaked havoc on...
It has been 87 years since the federal government, on the spurious grounds of fighting the Great Depression, ordered the confiscation of all monetary gold from Americans, permitting trivial amounts for ornamental or industrial use. This happens to be one of the...
