6/5/12

John Maynard Keynes, Off Gold, Jim Jeffords

On this day: June 5
The U.S. Congress abrogates the use of the gold standard by enacting a joint resolution nullifying the right of creditors to demand payment in gold (1933)

The International Communist Conference begins in Moscow (1969)

U.S. Senator Jim Jeffords leaves the GOP, an act which shifts control of the U.S. Senate from the Republicans to the Democratics (2001)

President Barack Obama arrives in Paris, visits the Eiffel Tower (2009)

b: Pancho Villa (1878), John Maynard Keynes (1883), John Carlos (1945); d: Gy├Ârgy Lukacs (1971), Ronald Reagan (2005)

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