_It happened when the Federal Reserve Act was enacted and it is about to happen when the Iraqi Dinar revalues.
The Federal Reserve Act (ch. 6, 38 Stat. 251, enacted December 23, 1913, 12 U.S.C. ch.3) is an Act of Congress that created and set up the Federal Reserve System, the central banking system of the United States of America, and granted it the legal authority to issue Federal Reserve Notes (now commonly known as the U.S. Dollar) and Federal Reserve Bank Notes as legal tender. The Act was signed into law by President Woodrow Wilson.
Did you notice the date? DECEMBER 23, 1913.
Christmas Eve! All of the Washington lawmakers were on vacation. DC was a ghost-town. No politician was around to answer questions.
Fast-forward to DECEMBER 2011.
The lawmakers are on Christmas vacation. President Obama will be sunning and surfing in Hawaii. And "poof!" The Iraqi Dinar revalues.
Yep, you guessed it - no politicians in DC to answer the prying questions of the Press.
By the time Christmas recess is over and the politicians return to DC in January, the revaluation will be in the rear view and life will be business as usual in the nation's capital.
Merry Christmas, Happy New Year - Peace on Earth!
Eagle Has Landed