JFK was attempting to duplicate Lincoln policy that had saved taxpayers $4 billion

Discussion in 'JFK' started by DennisTate, Apr 29, 2013.

You are viewing posts in the Conspiracy Theory forum. PF does not allow misinformation. However, please note that posts could occasionally contain content in violation of our policies prior to our staff intervening.

  1. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    31,491
    Likes Received:
    2,601
    Trophy Points:
    113
    Gender:
    Male
    This is probably the best theory on why JFK was assassinated that I have ever read:

    http://www.michaeljournal.org/lincolnkennedy.htm
     
  2. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    31,491
    Likes Received:
    2,601
    Trophy Points:
    113
    Gender:
    Male
    On the other hand the fact that we are all called "consumers" does not bode well for our being given better monetary policy!

    http://www.bankingsystemsflaws.blogspot.ca

    .......WHAT IS UNDERCONSUMPTIONISM? DO YOU THINK OUR PRIME MINISTER COULD DEFINE THIS THEORY IF ASKED ABOUT IT TOMORROW MORNING?

    Basically, underconsumptionism, is the idea that in a technologically advanced economy, the sum total of the wages paid out to all workers involved in the creation of consumer goods, will never be as high as the value of the goods that they can produce. Globalization and the lessening of trade barriers between nations can cause the discrepancy between the supply of funds in the hands of consumers, and the total global level of production, to become almost incomprehensible.

    This quotation from a Lubavichter Jewish website sums up the question quite well:

    .moshiach.com/discover/articles/comment_sighting_moshiach.phpIncidentally,
     
  3. 9/11 was an inside job

    9/11 was an inside job Well-Known Member

    Joined:
    Feb 8, 2011
    Messages:
    6,508
    Likes Received:
    109
    Trophy Points:
    63
    Thats not a theory at all Dennis.Thats a well known fact.He had over 500,000 us notes printed up and ready for distribuation and for 5 months our money was backed by silver instead of the worthless paper it is now.

    Since we had over 500,000 printed up,some of them during those five months were distributed and sent out.a few million or so.

    when Johnson became president,he stopped the distriubution of the money and they went back to what they are now.dollars that say Federal reserves notes on them that you see on your money now that are backed by worthless paper.

    the deniars of course will say If its worthless,then how come it can buy things? Well the price of everything keeps going up because of inflation and thats because we have the corrupt federal reserve which had Kennedy lived and been able to fulfill his executive order,would have effectively eliminated the federal reserve.they and the CIA whom he was also trying to get rid of,are the reason why the world is in the mess that it is today.

    His assassination affects us more than most american sheople realise.

    Its a shame that every single president we have had since JFK,not one of them has reinstated his executive order that Johnson eliminated. We'll never have another president anything like JFK again sadly.
     
  4. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    31,491
    Likes Received:
    2,601
    Trophy Points:
    113
    Gender:
    Male
    Actually, I am hopeful that some major changes may be coming to America soon!

    Have you seen the film about Dr. Stanislaw Burzynski yet?

    http://articles.mercola.com/sites/articles/archive/2011/06/11/burzynski-the-movie.aspx
    The Great Cancer Hoax: The Brilliant Cure the FDA Tried Their Best to Shut Down...
     
  5. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    31,491
    Likes Received:
    2,601
    Trophy Points:
    113
    Gender:
    Male

    I would love it if you would copy and paste what you wrote here into this discussion:

    http://www.politicalforum.com/curre...our-billion-dollars-how-can-we-do-2013-a.html
     
  6. 9/11 was an inside job

    9/11 was an inside job Well-Known Member

    Joined:
    Feb 8, 2011
    Messages:
    6,508
    Likes Received:
    109
    Trophy Points:
    63
  7. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    31,491
    Likes Received:
    2,601
    Trophy Points:
    113
    Gender:
    Male
    Awesome....thank you!
     
  8. signcutter

    signcutter New Member

    Joined:
    Jun 21, 2011
    Messages:
    2,716
    Likes Received:
    93
    Trophy Points:
    0
    Kennedy was also the main obstacle Zionists had to overcome in order to gain nuclear capabilities for Israel. There were several reasons Kennedy had to die in the eyes of the elite Zionist criminals.
     
  9. 9/11 was an inside job

    9/11 was an inside job Well-Known Member

    Joined:
    Feb 8, 2011
    Messages:
    6,508
    Likes Received:
    109
    Trophy Points:
    63
    I hope signbanner is able to come back and isnt gone for good.its nice to see a fellow JFK truth seeker out there.this site as so many brainwashed oswald apologists here its unreal.
     
  10. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    31,491
    Likes Received:
    2,601
    Trophy Points:
    113
    Gender:
    Male
    A better understanding of this subject will be critical if we are to save New Orleans and much of the State of Florida from eventually being swallowed by rising ocean levels.

    Dr. James Hansen has stated that the last time that world temperatures rose by three degrees....ocean levels rose by 25 meters over merely four centuries.

    The world is certainly not prepared for ocean level rise of one meter roughly every twenty years!

    With better monetary policy we could finance ventures like the Sahara Forest Project so well that a similar amount of water ends up being added to the water table of North Africa or Australia or California as is melting off Greenland and the West Antarctic Ice Sheet!!!??

    http://saharaforestproject.com
     
  11. LoneStrSt8

    LoneStrSt8 New Member Past Donor

    Joined:
    Jul 14, 2011
    Messages:
    9,012
    Likes Received:
    33
    Trophy Points:
    0
    executive order 1110authorized the treasury to print silver certificates,as needed during the transition period when silver coins were stopped being struck

    In fact the treasury also struck 1964 dated silver dollars,in case demand was too great
     
  12. danielpalos

    danielpalos Banned

    Joined:
    Dec 24, 2009
    Messages:
    43,110
    Likes Received:
    459
    Trophy Points:
    83
    Gender:
    Male
    I didn't know a president had any authority to "create" money.
     
  13. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    31,491
    Likes Received:
    2,601
    Trophy Points:
    113
    Gender:
    Male
    Here is one of the most revealing articles that I ever read on this topic.

    http://www.michaeljournal.org/plenty49.htm

    Chapter 49 — The History of Banking
    Control in the United States
    français
     
  14. danielpalos

    danielpalos Banned

    Joined:
    Dec 24, 2009
    Messages:
    43,110
    Likes Received:
    459
    Trophy Points:
    83
    Gender:
    Male
    Individuals who were private citizens in the several States, should not be omitted.
     
  15. danielpalos

    danielpalos Banned

    Joined:
    Dec 24, 2009
    Messages:
    43,110
    Likes Received:
    459
    Trophy Points:
    83
    Gender:
    Male
    Lincoln also implemented a national income tax to pay the debt incurred by the United States. Thus, wartime tax rates prove that a real time of war exists, as an obligation in equity, under the United States. Our republican form of Government does not deny and disparage the privileges and immunities of Capitalism as objective and market based metrics.
     
  16. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    31,491
    Likes Received:
    2,601
    Trophy Points:
    113
    Gender:
    Male
    The rate of inflation during the Lincoln era was high but that would seem to be a rather obvious side effect of taking most of your healthy work force out of the production of food or other commodities and instead have the state pay them to shoot cannons and muskets at each other!

    The idea of warfare being good for an economy is one that fails to look at the big picture!
     
  17. 9/11 was an inside job

    9/11 was an inside job Well-Known Member

    Joined:
    Feb 8, 2011
    Messages:
    6,508
    Likes Received:
    109
    Trophy Points:
    63
    well I hate to tell you then Dennis you are living in a dreamworld then.

    Just look at this past election.The RNC was so scared of ron paul whos views are similiar to what kennedys were,that they sabatoged his election coming up with last minute rule changes at the RNC convention which effectively sabotgoed his strategy to get delegates.they also rigged the ohio primarys which was the key to romneys nomination for votes with karl rove being in charge of the votes.

    face it,till the american sheeople get off their arses and fight to take their country back,nothing will change and I dont seem them getting off their arses anytime soon to fight for it.
     
  18. danielpalos

    danielpalos Banned

    Joined:
    Dec 24, 2009
    Messages:
    43,110
    Likes Received:
    459
    Trophy Points:
    83
    Gender:
    Male
    Why can our federal Congress not justify wartime tax rates for our wars on crime, drugs, poverty, and terror?
     
  19. 9/11 was an inside job

    9/11 was an inside job Well-Known Member

    Joined:
    Feb 8, 2011
    Messages:
    6,508
    Likes Received:
    109
    Trophy Points:
    63
    because the majority of congress is bought off and paid for by the zionists.thats wht they have the lowest approval rating at just 7% now cause they are ignoring the american people what they want.
     
  20. PrometheusBound

    PrometheusBound New Member

    Joined:
    Jan 12, 2012
    Messages:
    3,868
    Likes Received:
    19
    Trophy Points:
    0
    Why do Conspiracy Theorists always try to make this Heirhead into a martyred hero? He was a loose cannon who almost started World War III to play fraternity bully over Cuba. The deal was:

    KGB: We'll pull our missiles out of Cuba if you pull yours out of Turkey.
    CIA: We'll pull our missiles out of Turkey if you depose Khrushchev.
    KGB: We'll depose Khrushchev if you assassinate Kennedy. Working together, we can create confusion about who is involved and get away with it.
    CIA: Done deal. We don't ever want to have to go through this egomaniac's war scare again.
    KGB: That's why it's called Russian Roulette.
     
  21. dujac

    dujac Well-Known Member

    Joined:
    Feb 27, 2011
    Messages:
    27,458
    Likes Received:
    370
    Trophy Points:
    83
    the link you posted is just a bunch of conspiracy theory malarkey

    melvin sickler is a nut case that thinks there's a satanic plot for a one world government



    The facts, by Edward Flaherty, Ph.D. Department of Economics College of Charleston, S.C.

    Kennedy wrote executive order 11110 to phase out silver certificate currency, not to issue more of it. Records show Kennedy and the Federal Reserve were almost always in agreement on policy matters. He even signed legislation to give the Fed more authority to issue currency.

    Presidential Executive Order 11110 is quite infamous among conspiracy buffs. Jim Marrs, author of 'Crossfire: The Plot that Killed Kennedy', writes that the order instructs the Treasury secretary to issue about $4.2 billion in silver certificates as a form of currency in place of Federal Reserve Notes. Marrs also speculates this order was part of a larger plan by Kennedy to reduce the influence of the Federal Reserve by giving the Treasury more power to issue currency. The order was signed June 4, 1963. A few months later, of course, Kennedy was killed, and conspiracy theorists hypothesize a link between the murder and E.O. 11110. They argue that the Federal Reserve was somehow involved in the assassination to protect its power over monetary policy.

    The executive order modifies a pre-existing order issued by Harry Truman in 1951. E.O. 10289 states "The Secretary of the Treasury is hereby designated and empowered to perform the following-described functions of the President without the approval, ratification, or other action of the President..." The order then lists tasks (a) through (h) which the Treasurer can now do without bothering the President. None of the powers assigned to the Treasury in E.O. 10289 relate to money or to monetary policy. Kennedy´s E.O. 11110 then instructs that:

    SECTION 1. Executive Order No. 10289 of September 9, 1951, as amended, is hereby further amended (a) By adding at the end of paragraph 1 thereof the following subparagraph, The authority vested in the President by paragraph (b) of section 43 of the Act of May 12, 1933, as amended (31 U.S.C. 821(b)), to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury not then held for redemption of any outstanding silver certificates, to prescribe the denominations of such silver certificates, and to coin standard silver dollars and subsidiary silver currency for their redemption,´ and (b) By revoking subparagraphs (b) and (c) of paragraph 2 thereof.

    SECTION 2. The amendments made by this Order shall not affect any act done, or any right accruing or accrued or any suit or proceeding had or commenced in any civil or criminal cause prior to the date of this Order but all such liabilities shall continue any may be enforced as if said amendments had not been made.
    John F. Kennedy, THE WHITE HOUSE, June 4, 1963.

    To understand exactly what Kennedy´s order was trying to do, we must understand the purpose of the legislation which gave the order its underlying authority. The Agricultural Adjustment Act of May 12, 1933 (ch. 25, 48 Stat 51) to which Kennedy refers permits the President to issue silver certificates in various denominations (mostly $1, $2, $5, and $10) and in any total volume so long as the Treasury has enough silver on hand to redeem the certificates for a specific quantity and fineness of silver and that the total volume of such currency does not exceed $3 billion. The Silver Purchase Act of 1934 [ch. 674,48 Stat 1178] also grants this power to the Treasury Secretary subject to similar limitations. Nowhere in the text of the order is a quantity of money mentioned, so it is unclear how Marrs arrived at his $4.2 billion figure. Moreover, the President could not have authorized such a large issue because it would have exceeded the statutory limit.2

    As economic activity grew in the fifties and sixties, the public demand for low denomination currency grew, increasing the Treasury´s need for silver to back additional certificate issues and to mint new coins (dimes, quarters, half-dollars). However, during the late fifties the price of silver began to rise and reached the point that the market value of the silver contained in the coins and backing the certificates was greater than the face value of the money itself.2

    To conserve the Treasury´s silver needs, the Silver Purchase Act and related measures were repealed by Congress in 1963 with Public Law 88-36. Following the repeal, only the President could authorize new silver certificate issues, and no longer the Treasury Secretary. The law, signed by Kennedy himself, also permits the Federal Reserve to issue small denomination bills to replace the outgoing silver certificates (prior to the act, the Fed could only issue Federal Reserve Notes in larger denominations). The Treasury´s shrinking silver stock could then be used to mint coins only and not have to back currency. The repeal left only the President with the authority to issue silver certificates, however it did permit him to delegate this authority. E.O. 11110 does this by transferring the authority from the President to the Treasury Secretary.2

    E.O. 11110 did not create authority to issue new silver certificates, it only affected who could give the order. The purpose of the order was to facilitate the reduction of certificates in circulation, not to increase them. In October 1964 the Treasury ceased issuing them entirely. The Coinage Act of 1965 (PL 89-81) ended the practice of using silver in most U.S. coins, and in 1968 Congress ended the redeemability of silver certificates (PL 90-29). E.O. 11110 was never reversed by President Johnson and remained on the books until 1987 when there was a general cleaning-up of executive orders (E.O. 12608, 9/9/87). However, by this time the remaining legislative authority behind E.O. 11110 had been repealed by Congress with PL 97-258 in 1982.2

    In summary, E.O. 11110 did not create new authority to issue additional silver certificates. In fact, its intention was to ease the process for their removal so that small denomination Federal Reserve Notes could replace them in accordance with a law Kennedy himself signed. If Kennedy had really sought to reduce Federal Reserve power, then why did he sign a bill that gave the Fed still more power?

    Marrs also makes some other factual errors in his conspiracy tale that suggest he is not very familiar with the Federal Reserve or the financial system. He writes that a source of tension between the Federal Reserve and the Kennedy Administration was the Treasury´s desire to allow banks to underwrite state and local government bonds, thereby weakening the "dominant" Federal Reserve banks. However, such a move, which was later permitted by Congress, would not have affected the Federal Reserve system because it had never been involved in underwriting bond issues. Marrs also claims that Kennedy signed a bill that changed the backing of small denomination currency from silver to gold to "add strength to the weakened U.S. currency." This is completely false. U.S. currency has not been on the gold standard since 1934, and silver certificates, as their name suggests, had never been redeemable in anything but silver. In addition, U.S. currency was not "weak" during Kennedy´s time: There had not been any significant inflation since the late forties, and the exchange rate value of the dollar was fixed according to the Bretton Woods agreement.

    In the introduction to his book, Marrs advises the reader not to trust his book. This appears to be good advice.

    References:

    1. Marrs, Jim (1989), 'Crossfire: The Plot that Killed Kennedy', New York: Carroll & Graf Publishers.

    2. Woodward, G. Thomas (1996), 'Money and the Federal Reserve System: Myth and Reality', Congressional Research Service.


    http://www.publiceye.org/conspire/flaherty/flaherty9.html


    for anyone interested in reading more of jim marrs' fairy tales

    here's another of his books:'Alien Agenda, Investigating the Extraterrestrial Presence Among Us'
     
  22. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    31,491
    Likes Received:
    2,601
    Trophy Points:
    113
    Gender:
    Male

    On the other hand...........I have a rather diabolical streak in me...............It is quite noticeable actually..........and if I had been born into a family with hundreds and hundreds of millions of dollars......I would not absolutely rule out my being tempted to get involved in a dastardly plot or two or three to perpetuate my position of power and prestige?????????!!!!!
     
  23. danielpalos

    danielpalos Banned

    Joined:
    Dec 24, 2009
    Messages:
    43,110
    Likes Received:
    459
    Trophy Points:
    83
    Gender:
    Male
    Would there have been any Civil War, if the South had been compensated for their loss of property through eminent domain?
     
  24. DennisTate

    DennisTate Well-Known Member Past Donor

    Joined:
    Jul 7, 2012
    Messages:
    31,491
    Likes Received:
    2,601
    Trophy Points:
    113
    Gender:
    Male
    Please elaborate..........you have seriously grabbed my attention??????!!!
     
  25. danielpalos

    danielpalos Banned

    Joined:
    Dec 24, 2009
    Messages:
    43,110
    Likes Received:
    459
    Trophy Points:
    83
    Gender:
    Male
    Eminent domain is a power delegated to our federal Congress; therefore, the South could have been compensated for their property in a market friendly manner.
     

Share This Page