"Gold Confiscation Coming?" - The Terrifying Line in Obama's Speech That Everyone Missed.

"Gold Confiscation Coming?" - The Terrifying Line in Obama's Speech That Everyone Missed.(NI). Obama said he'd create a million new manufacturing jobs, recruit another 100,000 math and science teachers, cut tuition growth in half, and reform the tax code. All by magic, apparently, since he's provided no detailed plans on any of this. But while everyone was picking apart these and other flaws in Obama's speech, they overlooked the most frightening line of all. That was when Obama promised that he'd pursue "the kind of bold, persistent experimentation that Franklin Roosevelt pursued during the only crisis worse than this one." That promise might have made liberal hearts swoon.
But as Amity Shlaes explained in her outstanding history of the era — "The Forgotten Man" — it was precisely FDR's "bold, persistent experimentation" that was largely to blame for the length, depth and severity of the Great Depression.
Convinced that the government had to do something, FDR tinkered and experimented, she said, figuring that if he didn't "get it right the first time ... maybe he'd get it right the second time." But the very arbitrariness of FDR's actions, she found, made it impossible for businesses to make plans. And so, as FDR's bold experiments increased, business activity decreased and markets froze. "From the point of view of a business," Shlaes said in a 2009 interview, "it is annihilating to hear Washington uncertain, and that itself retards recovery because you really don't know what to expect." If Obama wants to conduct experiments, he should get a job as a high school science teacher, and not use the entire nation as guinea pigs, particularly when we already know how his tests will turn out.Hmmmm.........Executive Order 6102 is an Executive Order signed on April 5, 1933, by U.S. President Franklin D. Roosevelt "forbidding the Hoarding of Gold Coin, Gold Bullion, and Gold Certificates within the continental United States". The order criminalized the possession of monetary gold by any individual, partnership, association or corporation.Read the full story here.