US v Sullivan, 1927, income tax looting causes slow, steady withdrawals
Prohibition–the constitutional product of the shotgun wedding of fanatical mysticism, socialist controls and eugenics theories–became reality and a nightmare all at once on the night of January 16th, 1920. Socialist candidate Eugene Debs got nearly a million votes in the showdown between the Dems (who got us into WW1) and God’s Own Prohibitionists (who insisted we stay in the War on Beer). Why? Because in 1916 Debs had said “There is too much prohibition.”
Germany exported heroin and had U.S. plants in the 1920s
When the economy collapsed after 6 months of wartime prohibition plus 1 month of Constitutional prohibition, membership in communist organizations promptly doubled. But the Kleptocracy ignored reality in 1920-1923. Prosecutor Willebrandt didn’t, and got the Supreme Court to squelch the 4th and 5th Amendments and declare evidence from tax returns admissible for prohibition and evasion liability in mid-May of 1927. German stocks immediately went sour. Neither entrenched party published a repeal or modification plank, and in 1928, Dry Hope Hoover beat Whiskey Al Smith 5 to 1. The small looter parties were obviously no help to freedom–their platforms called for coercion.
The Increased Penalties Act foisted onto Hoover destroyed the economy when ex-prosecutor Willebrandt (yes, the same lady) explained in over 20 nationally syndicated papers how income tax asset forfeiture would be used to enforce Prohibition laws. Federal Reserve bank balances also began dropping as soon as Willebrandt got the Supreme Court to scrap the Bill of Rights and use the income tax–copied from Karl’s Manifesto of 1848–to enforce prohibition.
No surprise here. The addition of that same communist manifesto plank to a tariff bill in 1894–in violation of the Constitutional prohibition of capitation taxes–so completely destroyed the economy that the Supreme Court had to strike it down the following year in order to have banks at which to cash their own paychecks. When was the last time you saw or hear tell of this partially concealed newspaper story?
Druggan, Lake Indicted by U.S. as Tax Dodgers 14MAR1928–Markets panic
Moreover, the income-tax-as-bludgeon decision in US v Sullivan immediately coincided with a German bourse crash, while French stock exchanges also began falling for years to come. Markets went haywire when Druggan and Lake were grabbed by Internal Revenuers mid-March, 1928. The Liberal Party formed in 1930, drew up a wet plank which the Dems accepted with tears of gratitude, then won five consecutive elections while battling the National Socialist government Hoover’s 1931 Moratorium foisted onto Germany.
The outcome of that election was FDR beat Dry Hope Hoover 11 to 1, but the collapsing economy–officially unexplained–had opened the floodgates increasing communist party growth in These United States by a factor of ten by the time Ayn Rand formulated the Non-Aggression Agreement.
Only by keeping the American people confused about Prohibition and The Crash have the subsidized media managed to keep voters mesmerized by subsidized Republicans who deny being fascist and subsidized Democrats who deny being communist. Then again, that’s what the Nixon law of 1971 pays them to do. Understanding how these looters wreck your retirement savings, then voting Libertarian to let them know the jig is up; that’s the road to recovery. Doing the right thing–using your leveraged LP spoiler vote to change bad laws–is winning. It’s your decision.
Find out the juicy details behind the mother of all economic collapses. Prohibition and The Crash–Cause and Effect in 1929 is available in two languages on Amazon Kindle, each at the cost of a pint of craft beer.
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