FINAL WARNING: Financial Background
Chuck Morse wrote in his article “Is the ‘National Emergency of FDR’
Still In Place?” that: “This was a classic example of sleight of hand. In
fact, Congress exempted all laws, based on the emergency of 1933 that
were already in place. Rather than being based on the authority of the
President under a ‘national emergency’ these federal laws would now
be codified as a permanent part of the U.S. Federal Code. Included
among the codified laws would be Section 5(b) of the Trading with the
Enemy Act, which classifies the American citizen as an enemy of the
government.”The declaration of a National Emergency can legally empower the
President to suspend the Constitution. According to Senate Report 93-
549, the “President may: Seize property, organize commodities, assign
military forces abroad, institute Martial Law, seize and control
transportation and communication, regulate operation of private
enterprise, restrict travel, and in a plethora of particular ways, control
the lives of all American citizens.”President Carter declared a new national emergency in 1979 during the
Iranian hostage crisis, and Bill Clinton, during his two terms in office,
declared 12 National Emergencies.A 1976 Senate report noted that there were 470 extraordinary grants of
power to the President, during times of National Emergency.However, because of Executive Orders 6073, 6102 (gold confiscation),
6111, 6260 and 6262 by President Franklin D. Roosevelt, it is believed
that the District went bankrupt in 1933, and since then, has undergone
various “reorganizations.” The Secretary of Treasury was appointed
“receiver” in the bankruptcy (Reorganization Plan, No. 26, 5 U.S.C.A.
903; Public Law 94-564; Legislative History, pg. 5967). Representative
James A. Traficant, Jr. of Ohio, according to the Congressional Record
(pg. H1303), on March 17, 1993, said: “Mr. Speaker, we are now in
Chapter 11. Members of Congress are official Trustees presiding over
the greatest reorganization of any bankrupt entity in world history, the
United States government...”It was in 1933 that FDR enacted the Social Security Act, which
effectively redefined the word “employee” to indicate “government
worker.” Then came the Public Salary Tax Act in 1939, which gave the