Kennedy apparently reasoned that by returning to the constitution, which states that only Congress shall coin and regulate money, the soaring national debt could be reduced by not paying interest to the bankers of the Federal Reserve System, who print paper money then loan it to the government at interest. He moved in this area on June 4, 1963, by signing Executive Order 11,110 which called for the issuance of $4,292,893,815 in United States Notes through the U.S. Treasury rather than the traditional Federal Reserve System. That same day, Kennedy signed a bill changing the backing of one and two dollar bills from silver to gold, adding strength to the weakened U.S. currency.
well.....
it makes you wonder who do we really ought to be supporting eh ?
Do you really think that Oswald was the intellectual perpetrator of President Kennedy's assassination ?
[and no, I am not suggesting it was Castro]
The FED banks, which are privately owned, actually issue, that is, create, the money we use. In 1964 the House Committee on Banking and Currency, Subcommittee on Domestic Finance, at the second session of the 88th Congress, put out a study entitled Money Facts which contains a good description of what the FED is:
The Federal Reserve is a total money-making machine. It can issue money or checks. And it never has a problem of making its checks good because it can obtain the $5 and $10 bills necessary to cover its check simply by asking the Treasury Department's Bureau of Engraving to print them.
Well.... nothing like the realization that one is a mere peon at the whim and mercy of truly awesome powerful interests...
BernanKaput was indeed quite candid in his Nov/02 speech...
At this point, this entire chess game of power and financial manipulation becomes the best sport around...
I am convinced that there will be a showdown between the Fed and US Government on one side... and the Muslim and China on the other side for control of the "de Facto" reserve currency to be used around the globe...
Logic would tell me that gold would be the direct beneficiary of this struggle as it support the idea of discipline behind one's currency (savings and investments)...
but in view of what is at stake and the power that these entities possess, i do not doubt for a second that "common sense" and logic is the last thing that these control freaks have in their minds....
The more I learn... the more stupid i feel.... as for the world.... more and more i am convinced we have reached and passed the point of no return....
Thanks for your research.
[it is not really a conspiracy... it is actually outright broad light robbery] -gggg
p.s. Actually....
folowing my own thought above... I have figured out why politicians do not give a damn about the deficits...
they know full well.... that under a dire emergency they will do heir best to "outlaw" the FED and take over the printing presses... of course the repercussion of such action would be quite a reaction to live through....
Then...in reality... with the idiotization of the masses, who barely know anything about world geography, (or even US geography)... let alone HISTORY... what chance do we really have...
[living well is the best revenge] |
