house resolution 192
NEW: SPC NEWS WHAT IS HJR 192? Can we Discharge our Debts to the Gov’t?? Published June 7, 2014 | By female-blogger007 What is HJR 192? Before HJR 192 was passed, Executive Order 6102 was signed into effect by President Roosevelt. This executive order required all gold and gold certificates to be surrendered to the federal government by May 1, 1933. House Joint Resolution 192 was then passed by Congress on June 5, 1933. This law was passed to do away with the gold clause in the constitution and in all public and private contracts. 1933 was also when the United States went bankrupt, which was not the first time that it went bankrupt. In fact, the United States was so far in debt that it went bankrupt two additional time previously – once in 1789 (forming the Constitution so the state’s could sign on as security for the fed’s debts), and then in 1861 (when the Southern State’s said “No More” and wanted to succe...