- John Fitzgerald Kennedy and the new attempt to reform Monetary
It is impossible not to mention, following that of President Lincoln, the attempt of President John Fitzgerald Kennedy to strip the Fed of its power, so it is parallel. It took place exactly a century after that of Lincoln. Coincidences biographical, political and even numerology that bring the destinies of these two politicians are, admittedly, quite extraordinary and have been salivating many Sherlock Holmes fans. Their violent deaths seem to be forever linked in a historical mirror.
Indeed, June 4, 1963, President Kennedy signed Executive Order No. 11,110 (4) through which the government found a power in the Constitution, that of creating its own currency without going through the Federal Reserve. This new currency, secured on the reserves of gold and silver of the Treasury, recalled the greenbacks and the coup of President Lincoln.
A dollar in 1963, "Greenback KENNEDY"
President Kennedy had printed 4.3 billion banknotes of 1, 2, 5, 10, 20 and 100 dollars. In 1994 there was the equivalent of 284,125,895 dollars in circulation in the United States, held, probably by collectors (Source: The 1995 World Almanac).
The consequences of Executive Order No. 11110 were enormous. Indeed, the stroke of a pen John F. Kennedy was about to turn off the power play while the private banks that the Fed had assumed since 1816 and they officially held since 1913. For if, as a first step, the two have traveled parallel currencies, the currency of State, collateralized cash reserves, would eventually overwhelm the money created ex nihilo by the bankers. This new currency would have significantly reduced the state debt, as it eliminated the payment of interest.
The 26 volumes of the Warren Report failed to provide a credible explanation for the assassination of President Kennedy in Dallas November 26, 1963, five months after its currency reform. There is no need to be a "conspiracy" primary or secondary to grant a credit to the official policy, not only because of the analysis of the conditions of execution, but because the that all the eyewitnesses of the event are dead within two years that the disappearance or elimination of 400 people in distant relations even with this event - including the medical staff of the hospital Parkowa Kennedy was admitted , from doorman to medical personnel and relatives of the accused gunman, Lee Harvey Oswald - All these events are the result of chance is a percentage of infinitesimal probability if it is close to absolute zero. The calculation of probabilities becomes a judge more effective than any official truth.
Powerful conspirators have therefore prevailed, including long after the original crime. Among the many tracks made by some and by others, the money trail was obviously tempting. It was relatively unexplored at the beginning of the investigation. Yet many hold it all the more apparent they bring a sentence of the President's father, Joseph Kennedy, when he learned of the decision monetary reform of his son: "If you do, they will kill you."
President John Fitzgerald Kennedy
The message appears once again to have been received loud and clear by the Vice-President Lyndon B. Johnson became president by the grace of the assassination. Like his namesake Andrew Johnson a century ago, and with a particularly remarkable speed, he suspended the decision taken monetary June 4, 1963 by President assassinated while the corpse of the latter was not yet cold.
"Executive Order 11110 has been repealed by President Lyndon Baines Johnson, thirty-sixth President of the United States - 1963 to 1969 - while he was in the AirForce One presidential plane, between Dallas and Washington, the day of the assassination of President Kennedy "wrote one columnist. This statement is incorrect: Presidential Decree was never formally repealed, but its application was suspended. Was repealed the authorization to print new banknotes and mint new coins, so that Executive Order No. 11110 formally remains in force. in the stratosphere.
This assassination was perhaps a warning to future presidents who wanted to follow the lead of Abraham Lincoln and Jahn Fitzgerald Kennedy and deprive bankers of their pensions by eliminating the system of money-debt. Jahn Fitzgerald Kennedy would have paid with his life this challenge to the power of international finance. But we are in the field of countless coincidences that have marked the life of the President even if the speed of the decision of President Johnson gives credence to this supposition. Eustace Mullins recalls that President Abraham Garfield had also been murdered July 2, 1881 after making a statement on the problems of currency. (5) What a coincidence!
Since President Kennedy, no successor notice did you make any reform to the operation of the FED .
In addition, having praised the Israelis that the elimination of JF Kennedy has left the field open to the accession of Israel to the status of nuclear power, this result has morphed into question for some.
Indeed, the Israeli newspaper Ha'aretz, February 5, 1999 wrote in his book review of Avner Cohen, "Israel and the Bomb:" The assassination of President John F. Kennedy put an abrupt end to the strong pressure of the U.S. administration on the Israeli government to bring him to interrupt its nuclear program. "The author adds that" if Kennedy was still alive, it is doubtful that Israel would today have a nuclear defense. "President Kennedy had, in fact, firmly told the Israeli Prime Minister David Ben Gurion in no case it would accept Israel became a nuclear power.
Maybe he should have twenty-six volumes of inquiry to clarify this enigma.
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....... .......................... ..................... 22 November 1963 ....................... ........................... JFK ASSASSINATION Mr. Green ............. ....... On 6 April 1963 it passed the Executive Order 11110 .............. The .............. President John Kennedy On June 4, 1963, President Kennedy signed a presidential document named Executive Order 11110, which amended Executive Order over 10,289 of September 19, 1961. This gave Kennedy as the President of the United States the legal right to produce its own money to run the country. The money would be without interest and free of debt, and that people would be. He had printed the tickets from the United States completely ignoring the Federal Reserve notes of private banks from the Federal Reserve. Records show that Kennedy had printed § 4,292,893,825 money, but only a few months later, in November 1963, has been murdered. It gave no reason why someone would commit the crime but for those who know better it was not difficult to understand the reason probably because President Kennedy had intended to repeal the Federal Reserve Act of 1913 and return to the U.S. Congress the right to create its own money. It is interesting to observe that only one day after the assassination of Kennedy was removed from circulation all notes printed by the U.S. Kennedy. Is-this was a result of an executive order of President Lyndon Johnson once again or was he just an agent of the bankers? All the money that the President had printed was destroyed and it said nothing about the American people. The timing of President Kennedy entered the White House, it was the intention to continue the policy of the Eisenhower (here we must remember that Eisenhower himself was a Jew to live his advancement in power was through the good grace of Baruch, as a Jew, and the real power in American politics Aquel time) contain not only the Jews but also the "MIC" ("The military industrial complex"), a name created by Eisenhower to describe the fixed interest with a powerful common purpose. Which was to create jobs, generate wealth through the production and sale of weapons with need to search endlessly to develop, produce and sell more sophisticated weapons and ever more dangerous. In his second term President Eisenhower watched with growing sadness the way in which interest fixed military / industrial had developed their influence on decisions in Congress and the White House as well. They had taken care that most of the fifty states of the Union was a military facility or business of one kind or other, writing, or production. By this means, for example, if the President wanted to cut the amount of taxpayer money that went to the war machine, the fixed interest military / industrial could tell the senators to advise the President: "You can not do that because people will lose their jobs and we, in our places Congress in the upcoming election." If we allowed that Kennedy would live, is posible that there was a change in policy regarding Israel los United States. Perhaps the war of 1967 might not arrive. Perhaps the biggest Israel would not have been created. Perhaps Israel should not have been allowed to develop nuclear weapons. Perhaps ....?
The United States Note is a type of fiat money directly into circulation by the Treasury Department U.S. between 1862 and 1971. These notes were also known as the Legal Tender Notes because of the inscription on each of their faces: 'This Is A Legal Tender Note. They were among the first U.S. national means of payment authorized by the Legal Tender Act of 1862 and began circulating during the Civil War . After the assassination of Abraham Lincoln the April 15 1865, other forms of money were born.
The United States Notes were convertible into gold until 1933 , when the United States abandoned the gold standard . In 1963 , John F. Kennedy authorized the issuance of new United States Notes backed by reserves of federal money, and some 4 billion dollars in small denominations were issued [1] . No more United States Note has been in circulation since January 21 1971 [2] .
FAQs: Legal Tender Status Currency
I Thought That WAS currency United States Legal Tender for All Debts. Some Business or Governmental Agencies Say That They Will only accept checks, money orders or credit cards as payment, and others will only accept currency notes in denominations of $20 or smaller. Isn't this illegal?
What are Federal Reserve notes and how are they different from United States notes?
What are United States Notes and how are they diferent from Federal Reserve notes?
I thought that United States currency was legal tender for all debts. Some businesses or governmental agencies say that they will only accept checks, money orders or credit cards as payment, and others will only accept currency notes in denominations of $20 or smaller. Isn't this illegal?
The pertinent portion of law that applies to your question is the Coinage Act of 1965, specifically Section 31 U.S.C. 5103, entitled "Legal tender," which states: "United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues."
This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise. For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy.
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What are Federal Reserve notes and how are they different from United States notes?
Federal Reserve notes are legal tender currency notes. The twelve Federal Reserve Banks issue them into circulation pursuant to the Federal Reserve Act of 1913. A commercial bank belonging to the Federal Reserve System can obtain Federal Reserve notes from the Federal Reserve Bank in its district whenever it wishes. It must pay for them in full, dollar for dollar, by drawing down its account with its district Federal Reserve Bank.
Federal Reserve Banks obtain the notes from our Bureau of Engraving and Printing (BEP). It pays the BEP for the cost of producing the notes, which then become liabilities of the Federal Reserve Banks, and obligations of the United States Government.
Congress has specified that a Federal Reserve Bank must hold collateral equal in value to the Federal Reserve notes that the Bank receives. This collateral is chiefly gold certificates and United States securities. This provides backing for the note issue. The idea was that if the Congress dissolved the Federal Reserve System, the United States would take over the notes (liabilities). This would meet the requirements of Section 411, but the government would also take over the assets, which would be of equal value. Federal Reserve notes represent a first lien on all the assets of the Federal Reserve Banks, and on the collateral specifically held against them.
Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anything This has been the case since 1933. The notes have no value for themselves, but for what they will buy. In another sense, because they are legal tender, Federal Reserve notes are "backed" by all the goods and services in the economy.
Explication du U.S. Treasury Dept. information sur les United States Notes
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What are United States Notes and how are they different from Federal Reserve notes?
United States Notes (characterized by a red seal and serial number) were the first national currency, authorized by the Legal Tender Act of 1862 and began circulating during the Civil War. The Treasury Department issued these notes directly into circulation, and they are obligations of the United States Government. The issuance of United States Notes is subject to limitations established by Congress. It established a statutory limitation of $300 million on the amount of United States Notes authorized to be outstanding and in circulation. While this was a significant figure in Civil War days, it is now a very small fraction of the total currency in circulation in the United States.
Both United States Notes and Federal Reserve Notes are parts of our national currency and both are legal tender. They circulate as money in the same way. However, the issuing authority for them comes from different statutes. United States Notes were redeemable in gold until 1933, when the United States abandoned the gold standard. Since then, both currencies have served essentially the same purpose, and have had the same value. Because United States Notes serve no function that is not already adequately served by Federal Reserve Notes, their issuance was discontinued, and none have been placed in to circulation since January 21, 1971.
The Federal Reserve Act of 1913 authorized the production and circulation of Federal Reserve notes. Although the Bureau of Engraving and Printing (BEP) prints these notes, they move into circulation through the Federal Reserve System. They are obligations of both the Federal Reserve System and the United States Government. On Federal Reserve notes, the seals and serial numbers appear in green.
United States notes serve no function that is not already adequately served by Federal Reserve notes. As a result, the Treasury Department stopped issuing United States notes, and none have been placed into circulation since January 21, 1971.
La Réserve fédérale (Federal Reserve System), appelée souvent Federal Reserve ou, plus court encore, Fed, est la banque centrale des États-Unis . Elle a été créée le 23 décembre 1913 par le Federal Reserve Act dit aussi Owen-Glass Act.
The Federal Reserve:
decides monetary policy U.S.
with a dual objective of price stability and full employment ,
and the obligation to facilitate economic growth ,
oversees banking system American
publishes reports, such as the beige book , relative to the U.S. economy
acts as lender of last resort, but
has no responsibility for the external value of its currency, the U.S. dollar
THEN THE FED TO A SUCCESSFUL ISSUE OF LIMITING $ $ $ by the United STATE NOTE TO 300 MILLION (KENNEDY HAD PRINTED
over 4 BILLION IN 1963 .. It does not really fesait Case FED .... SO .. EXIT KENNEDY !!!!!
READ THE THE FOLLOWING ARTICLE, ESPECIALLY THE LAST PARAGRAPH!
Conspiracy capitalist: The U.S. Federal Reserve.
Tuesday, September 9, 2008 by Ashoka
We all know that is money that rules the world. But few know the mechanisms that allow a small group of individuals dominate the planet. The Federal Reserve seems above suspicion, and yet it is here that the best kept secret of the power of international bankers. This institution, venerable and respectable in appearance, has put the U.S. under the scalpel since its inception in 1913.
Over the last two hundred years, while the people gradually freed itself from political power as the powerful kings and nobles, some major global banking families created new dynasties of political control, carefully disguised in the form of international banking groups. Here are some names: Barring, Hambros, Lazard, Erlanger, Schroder, Selingman, Speyer, Mallet, Rothschild and Morgan. What motivates these individuals was the passion of control the world by money.
Without realizing it, the people fell under the sway of this insidious capitalist power, but whose power far exceeds that of the rulers of the past. This phenomenon, which was first produced in Europe , has spread to the United States and led to the creation in 1913 of the Federal Reserve. It was in 1913 that the income tax was created in the USA.
The U.S. Federal Reserve (FED) has almost nothing to do with the government of the United States. It consists of twelve private banks, owned by private banks, controlled by families residing in the banking world. The Federal Reserve creates money from nothing, lend it to the government against payment, and do not pay income tax on the products of its investments. Deficits are more important in the United States, plus the Federal Reserve lends money and it makes huge profits. U.S. debt has jumped from 1000 billion in 1971 to over 50 trillion dollars today. Proceeds from the EDF therefore jumped 50 times in a quarter century. These banking dynasties, private owners of the Fed know that all governments, regardless form whatsoever, whether monarchical or republican, had to borrow money in emergencies like wars or economic crises. The war in Iraq costing three trillion dollars, and thus benefits to the Fed. The subprime crisis deliberately caused by the Fed and Greenspan in 2001, will cost at a minimum 5.2 trillion dollars to rescue the two mortgage giants Freddie Mac and Fannie Mae. Yet profits for the Fed lends money to the U.S. government.
Some politicians want to abolish this lucid exorbitant power, eliminating the Fed. The Fed can create money from nothing by the fact that since 1971 Nixon and the dollar is More backed by gold. What few know is that President John Kennedy signed in June 1963 Presidential Decree EO 11110 (Executive Order 11110) which imposed a new system to get rid of the Fed, by matching the dollar to the metal: the money. Tickets $ 2 and $ 5 were put into service for more than 4 billion dollars, a beginning, and 10 bills and $ 20 were printed. A few months later, Kennedy was assassinated and the next day, EO 11110 became a dead letter and notes 2 and 5 dollars immediately withdrawn from circulation. We could start a long discussion on the causes of the assassination of Kennedy. To my First, the probable cause is EO 11110 and the statements of Kennedy on the end of the war in Viet Nam.
extravagant deficits of the United States, created by the non-convertibility of the dollar caused gold to enrich the owners of the Federal Reserve led the country in economic collapse. By extension, the world is in economic crisis. The principle adopted by fractional reserve banks implies that deficits are to accrue to repay debts, and therefore a minimum growth rate is recorded from one year to another, pushing consumption.
Whoever wants to push further and make Research on the content of this article, as I have done for years, will include the primary cause of the misfortunes of the world: The group of international bankers who, among other things, created the Federal Reserve to put the U.S. economy by cutting settled. I must say that I had a poor opinion of Kennedy, before knowing EO 11110. I consider him an enlightened politician, who wanted to put the interests of the American people over the banks. The fact that he has paid the price and that this example discourages those who would restore the sovereignty of the American people on their economy looks in favor of the status quo should continue. It was dizzy when we know that Bill Gates has a fortune of 50 billion dollars but the interest on a debt of 50 trillion dollars is 2500 billion dollars per year, 50 times the wealth of Bill Gates, that share the few international bankers who had the stroke of genius to create the Fed in 1913
HERE ONE OF THE FAMOUS tickets issued in 1963 by KENNEDY, note well above c is indeed issued by UNITED STATE NOTE and not the FEDERAL RESERVE NOTE !!!!!!!!!!!
THANKS FOR YOUR ATTENTION, JP
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