Saturday, November 20, 2010

SPOILER ALERT: I May Not Know Who, But WHY JFK Was Assassinated...

Yea, I know.  Just for even bringing up the subject, I'm now going to be labeled a "conspiracy theorist".  It's inevitable.  One mention of a reason or idea behind this automatically gets you thrown into the pot of "crazies".

Well, I'm going to share some interesting information anyways.  It seems that you learn something new everyday.  I don't claim to know everything, and I certainly do NOT claim this information to be absolute truth, but, it does have some interesting connections.  Most of the information around his death focuses on "Who" shot him and "How" was it done and other information.  But, the real mystery lies in WHY.  That's the real question.

I'll be the first to admit that there were most likely overlapping reasons as to why many would want JFK dead.  But, let's just entertain this one idea for now.



Prior to his assassination, Kennedy enacted an executive order called E.O. 11,110.  The subject of the executive order was very simple.  Kennedy believed in the "Gold Standard" or simply a check on the Federal Reserve that prevented them from printing money at their own discretion.  So, instead of allowing the Federal Reserve to continue down the path of printing money with no checks or balances, he decided to take matters into his own hands.  Executive Order 11,110 is a little know order, and it goes as follows...


In practice, this bill was going to put the Federal Reserve out of business.  It was a very strong first step to completely eliminate the need for the Federal Reserve.  It did not completely eliminate the Federal Reserve, but it DID give the government (not the federal reserve) the right to print its own money backed by silver.

If this money were allowed to begin circulating, the results would be obvious.  No longer would the American people trust the currency issued by the Federal Reserve, because it was not backed by anything.  Kennedy's new money would be backed by silver 100%. Therefore, it would be superior, and thus, create no practical need for the Federal Reserve and its printing press.

5 months later, Kennedy was assassinated.  Shortly after, his new "Silver Notes" were repossessed from the market.

Allow me to reference  The Final Call, Vol. 15, No.6, On January 17, 1996

"On June 4, 1963, a little known attempt was made to strip the Federal Reserve Bank of its power to loan money to the government at interest. On that day President John F. Kennedy signed Executive Order No. 11110 that returned to the U.S. government the power to issue currency, without going through the Federal Reserve. Mr. Kennedy's order gave the Treasury the power "to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury." This meant that for every ounce of silver in the U.S. Treasury's vault, the government could introduce new money into circulation. In all, Kennedy brought nearly $4.3 billion in U.S. notes into circulation. The ramifications of this bill are enormous.

With the stroke of a pen, Mr. Kennedy was on his way to putting the Federal Reserve Bank of New York out of business. If enough of these silver certificates were to come into circulation they would have eliminated the demand for Federal Reserve notes. This is because the silver certificates are backed by silver and the Federal Reserve notes are not backed by anything. Executive Order 11,110 could have prevented the national debt from reaching its current level, because it would have given the government the ability to repay its debt without going to the Federal Reserve and being charged interest in order to create the new money. Executive Order 11110 gave the U.S. the ability to create its own money backed by silver. 

After Mr. Kennedy was assassinated just five months later, no more silver certificates were issued. The Final Call has learned that the Executive Order was never repealed by any U.S. President through an Executive Order and is still valid."

It makes you wonder, did the following presidents get the message that the money was not to be messed with? 
  
Where it gets MORE interesting...




 

k

One point I'd like to make is that the video references that Kennedy was about to circulate $4 Billion dollars into the money supply of new dollars backed by silver.  Well, by today's standards that would barely be a drop in the bucket. 

But, let's take a look at how much money was in circulation at the time of this move.  As you can see by the chart below, injecting $4 Billion dollars into the money supply would have a HUGE effect on money in circulation.  My best guess, and this is by only looking at this chart (which by the way is from the Federal Reserve website) is that only $10-$30 billion of money even existed when Kennedy attempted to back the money by silver again.  So, $4 billion would be a very large amount of silver backed funds to inject into the economy.



Despite the evidence, there is evidence to refute this theory.  Other evidence suggests that McCloy was a seasoned, trusted government official thus it "made sense" that he be on the Warren Commission (commission setup to investigate JFK's assassination).  In addition, some say that JFK's act wouldn't have had that much of an impact on the monetary system.  What still eerks me is that when you look up the members of the "Warren Commission" and google their names, most of them, if any, were truly investigators of any type.  Most were lawyers, bankers, government officials etc etc.  Where are all the specialized, skilled investigators trying to get to the bottom of the assassination?

You be the judge and decide what happened.  Research the matter for yourself, and draw your own conclusions.

That's it for now,
B.



No comments:

Post a Comment