Why Was J F K Killed? |
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Whisper
Senior Member Male Joined: 25 July 2004 Location: United Kingdom Status: Offline Points: 4752 |
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Posted: 01 January 2007 at 10:53am |
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Worth a thought . . . Posted by: Krain61 on Dec 26, 2006 7:50 PM
Can you understand that we, as American citizens, have no real money of our own? So strong is the foreign banker's stranglehold on America that our Goverment cannot print it's own tax free,
Immediately after Kennedy's death the printing was stopped and the existing legal notes were taken out of circulation.
On December 23rd, 1913, when many members had left for the holidays, the Federal Reserve Act was rammed through Congress. One of the few congressmen who had understood all the issues at stake in this Act, Charles A. Lindburg, (father of the famous aviator), said: This Act establishes the most gigantic trust on earth. When the president (Wilson) signs this bill, the invisible government of the Monetary Power will be legalized. Later Wilson remorsefully stated "I have unwittingly ruined my country"
As per Congressional Record, the U.S. Government can buy back the FED at any time for $450 million. But Congress has to Act. If the Congressmen aren't doing their job, the bribed elements should be voted out of office. Join the 1000's of Americans who are helping to spread this information. Once enough citizens become aware of the truth our lackluster Congress will be forced to Act on the behalf of those it is suppose to serve. |
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Patty
Senior Member Joined: 14 September 2001 Location: United States Status: Offline Points: 2382 |
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I don't think that article is entirely accurate. Here is another interesting article with considerable evidence as to who actually owns the Federal Reserve. Who Owns the New York Federal Reserve Bank? Each of the twelve Federal Reserve Banks is organized as a corporation in much the same way as many other firms. However, Gary Kah in 1991 claimed foreigners intent on global economic and political domination own a controlling interest in the shares of the New York Federal Reserve Bank. �Swiss and Saudi Arabian contacts,� according to Kah (p. 13), identified the top eight shareholders as Rothschild Banks of London and Berlin Kah describes these as the Fed�s �Class A shareholders� (p. 14). This is curious because Federal Reserve stock is not classified in this manner. It can be either �member stock� or �public stock.� However, the directors of a Federal Reserve Bank are separated into Classes A, B, and C depending on how they are appointed (12 USCA �302). Fellow conspiracy theorist Eustace Mullins presents a different list in his 1983 book Secrets of the Federal Reserve. He reports the top eight stockholders of the New York Fed in 1982 were Citibank He notes that together these banks own about 63 percent of the New York Fed�s outstanding stock. European banking organizations, most notably the Rothschild banking dynasty, he then claims, own many of these banks. Mullins also contends that through their American agents, the European bankers � who he calls the London Connection � select the board of directors for the N.Y. Fed. Since the N.Y. Fed supposedly controls the whole Federal Reserve System, this allows the London Connection to direct U.S. monetary policy. He explains, ... The most powerful men in the United States were themselves answerable to another power, a foreign power, and a power which had been steadfastly seeking to extend its control over the young republic since its very inception. The power was the financial power of England, centered in the London Branch of the House of Rothschild. The fact was that in 1910, the United States was for all practical purposes being ruled from England, and so it is today (Mullins, p. 47-48). To clarify this mystery, let�s first look at the Federal Reserve Act of 1913 itself. The law requires that all nationally chartered commercial banks and savings & loans buy stock in their regional Federal Reserve Bank, thereby becoming �member banks� (12 USCA �282).1 The amount of stock a bank must buy, called �member stock,� is proportional to the bank�s size. So, we would expect that by law the largest shareholders of the N.Y. Fed to be the largest banks operating in its district. This is consistent with Mullins since all of the banks on his list were, at the time, the largest banks in the N.Y. Fed region. Further examination of the law and the facts makes Kah�s list suspect. The law does not permit the stock of a Federal Reserve Bank to be traded publicly like the stock of a typical corporation. The original Federal Reserve Act called for each regional Bank to sell stock to raise at least $4 million to begin operations (12 USCA �281). The stock was to be sold to banks, not to the public. Only in the event that sales to member banks did not raise the necessary $4 million would the regional Fed Banks be permitted to sell shares to the public, called �public stock.� However, this did not happen and no stock in any Federal Reserve Bank has ever been sold to the public, to foreigners, or to any non-bank U.S. firm (Woodward, 1996). Note that foreign interests comprise half of the alleged owners on Kah�s list. Moreover, three of the hypothesized American owners are not even banks. The law permits neither foreigners nor non-bank firms from owning shares in any Federal Reserve Bank. Chase Manhatten is the only entity on Kah�s list that could possibly own shares of the N.Y. Fed. We can simply look at the most recent list of shareholders to test the claim that foreigners own the New York Federal Reserve Bank. According to the N.Y. Fed itself, as of June 30, 1997 the top eight shareholders were Chase Manhatten Bank Global Domination Through the Back Door? Although foreigners do not own the New York Federal Reserve Bank directly, perhaps, Mullins argues, they own and control it indirectly via ownership of domestic banks. He claims that since the money-center banks of New York own the largest portion of stock in the New York Fed, they hand-pick its board of directors and president. This would give them, and hence the London Connection, control over Fed operations and U.S. monetary policy. The Securities and Exchange Commission requires that firms whose stock is traded publicly report their major stockholders each year. The reports identify all institutional shareholders (primarily, firms owning stock in other companies), all company officials who own shares in their firm, and any individual or institution owning more than 5% of the firm�s stock. These reports show that only one of the N.Y. Fed�s current largest shareholders, Citicorp, has any major foreign stockholders. As of January 1996, Price Alwaleed Bin Talad of Saudi Arabia owned 8.9% of Citicorp stock.2 None of the member banks on the above list have any significant portion of shares held by any foreign individual or institution. Mullins' claim that foreigners own the N.Y. Federal Reserve indirectly is also wrong. Moreover, the ownership rights of Federal Reserve Bank stock are different than the common stock of typical corporations. Usually, the number of votes a shareholder has is proportional to the number of shares he owns. However, ownership of Federal Reserve Bank stock entitles the shareholder to one vote when voting for its regional Federal Reserve Bank officials regardless of how many total shares the member bank may own. A group of international conspirators would need to purchase a controlling interest in a majority of the banks operating in the N.Y. district to guarantee the election of their desired minions to the N.Y. Fed�s board of directors. Buying that much stock in so many U.S. banks would require an outlay of hundreds of billions of dollars. Surely there must be a cheaper path to global domination. Mullins� premise here is that the member banks control the policies of the N.Y. Fed. In the next section I detail why this is wrong, but an historical example also illustrates the fault of this assumption. Galbraith (1990) recounts that in the spring of 1929 the New York Stock Exchange was booming. Prices there had been rising considerably, extending the bull market that began in 1924. The Federal Reserve Board decided to take steps to arrest the speculative bubble that appeared to be forming: It raised the cost banks had to pay to borrow from the Federal Reserve and it increased speculators� margin requirements. Charles Mitchell, then the head of National City Bank (now Citicorp, one of the largest shareholders of the N.Y. Fed at the time), was so irritated by this decision that in a bank statement he wrote, �We feel that we have an obligation which is paramount to any Federal Reserve warning, or anything else, to avert any dangerous crisis in the money market� (Galbraith, p. 57). National City Bank promised to increase lending to offset any restrictive policies of the Federal Reserve. Wrote Galbraith, �The effect was more than satisfactory: the market took off again. In the three summer months, the increase in prices outran all of the quite impressive increase that had occurred during the entire previous year� (Ibid). If the Fed and its policies were really under the control of its major stockholders, then why did the Federal Reserve Board clearly defy the intent of its single largest shareholder? Does the New York Fed Call the Shots? Mullins and Kah both argue that by controlling the New York Federal Reserve Bank, the international banking elite command the entire Federal Reserve System and thus direct U.S. monetary policy for their own profit. �For all practical purposes,� Kah writes, �the Federal Reserve Bank of New York is the Federal Reserve� (Kah, p.13; emphasis his). This is the linchpin of their conspiracy theory because it provides the mechanism by which the international bankers can execute their plans. A brief look at how the Fed�s powers are actually distributed shows that this key assumption in the conspiracy theory is wrong. The Federal Reserve System is controlled not by the New York Federal Reserve Bank, but by the Board of Governors (the Board) and the Federal Open Market Committee (FOMC). The Board is a seven-member panel appointed by the President and approved by the Senate. It determines the interest rate for loans to commercial banks and thrifts, selects the required reserve ratio which determines how much of customer deposits a bank must keep on hand (a factor that significantly affects a bank�s ability create new credit), and also decides how much new currency Federal Reserve Banks may issue each year (12 USCA �248). The FOMC consists of the members of the Board, the president of the New York Fed, and four presidents from other regional Federal Reserve Banks. It formulates open market policy which determines how much in government bonds the Fed Banks may buy or sell � the major tool of monetary policy (12 USCA �263). The key point is that a Federal Reserve Bank cannot change its discount rate or required reserve ratio, issue additional currency, or purchase government bonds without the explicit approval of either the Board or the FOMC. The New York Federal Reserve Bank, through its direct and permanent representation on the FOMC, has more say on monetary policy than any other Federal Reserve Bank, but it still only has one vote of twelve on the FOMC and no say at all in setting the discount rate or the required reserve ratio. If it wanted monetary policy to go in one direction, while the Board and the rest of the FOMC wanted policy to go another, then the New York Fed would be out-voted. The powers over U.S. monetary policy rest firmly with the publicly-appointed Board of Governors and the Federal Open Market Committee, not with the New York Federal Reserve Bank or a group of international conspirators. Mullins also made a great to-do about the Federal Advisory Council. This is a panel of twelve representatives appointed by the board of directors of each Fed Bank. The Council meets at least four times each year with the members of the Board to give them their advice and to discuss general economic conditions (12 USCA �261). Many of the members have been bankers, a point not at all missed by Mullins. He speculates that this Council of bankers is able to force its will on the Board of Governors: The claim that the �advice� of the council members is not binding on the Governors or that it carries no weight is to claim that four times a year, twelve of the most influential bankers in the United States take time from their work to travel to Washington to meet with the Federal Reserve Board merely to drink coffee and exchange pleasantries (Mullins, p. 45). A point Mullins neglects entirely is that the Council has no voting power in Board meetings, and thus has no direct input into monetary policy. In support of his hypothesis Mullins offers no evidence, not even an anecdote. Moreover, his Council theory is inconsistent with his general thesis that the London Connection runs the Federal Reserve System via their imagined control of the N.Y. Fed. If this were true, then why would they also need the Council? Who Gets the Fed�s Profits? Gary Kah and Thomas Schauf (1992) also maintain that the huge profits of the Federal Reserve System are diverted to its foreign owners through the dividends paid to its stockholders. Kah reports �Each year billions of dollars are �earned� by Class A stockholders of the Federal Reserve� (Kah, p. 20). Schauf further laments by asking, �When are the profits of the Fed going to start flowing into the Treasury so that average Americans are no longer burdened with excessive, unnecessary taxes?� The Federal Reserve System certainly makes large profits. According to the Board�s 1995 Annual Report, the System had net income totaling $23.9 billion, which, if it were a single firm, would qualify it as one of the most profitable companies in the world. How were these profits distributed? By an agreement between the Board and the Treasury, nearly all of the Fed�s annual profits are paid to the federal government. Accordingly, a lion�s share of $23.4 billion, which represented 97.9 percent of the Federal Reserve�s net income, was paid to the Treasury. The Federal Reserve Banks kept $283 million, and the remaining $231 million was paid to the Fed�s stockholders as dividends. Regarding Schauf�s lamentation, the Federal Reserve System has been paying its profits to the Treasury since 1947. Conclusion The allegation that an international banking cartel controls the Federal Reserve is wrong. Contrary to Kah�s claim, foreigners do not own any stock in the New York Federal Reserve Bank. Neither do they currently own any significant shares of the domestic banks that actually do own shares in the N.Y. Fed. Moreover, the central assumption that control of the New York Federal Reserve is the same as control of the whole System is badly mistaken. Also, the profits of the Federal Reserve System, again contrary to the conspiracy theorists, are funneled almost entirely back to the federal government, not to an international banking elite. If the U.S. central bank is in the grip of an international conspiracy, then Mullins and Kah have certainly not uncovered it. Footnotes: http://www.geocities.com/CapitolHill/Senate/3616/flaherty5.h tml Silver Certificate U.S. paper currency, issued by the U.S. Treasury Department rather than the Federal Reserve Banks, as circulating money until 1967, when they were replaced by the Federal Reserve Note as the United States official Legal Tender . Until then, silver certificates were redeemable for an equivalent amount of silver. Federal Reserve Note Circulating currency issued by Federal Reserve Banks to meet the public's seasonal needs for money. Federal Reserve notes are non-interest bearing promissory notes issued in denominations of $1 to $100, and are official Legal Tender for payment of debts. The notes bear the name of the issuing Federal Reserve Bank. Legal Tender Money recognized by law as acceptable payment for debts owed to creditors. In the United States, legal tender (also called lawful money) is all forms of circulating paper money, mostly Federal Reserve Notes, and coins. The term means that money offered as payment has the backing of the government and must be accepted by a creditor, unless a contract calls for another method of payment. http://www.answers.com/topic/legal-tender Beloved President John F. Kennedy was murdered by a lunatic, Lee Harvey Oswald, all on his own, in my humble opinion.
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Patty
I don't know what the future holds....but I know who holds the future. |
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Whisper
Senior Member Male Joined: 25 July 2004 Location: United Kingdom Status: Offline Points: 4752 |
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I don't think that article is entirely accurate. Saddly, your entire post fails to qualify your above sentence. Is it that you have missed the plot? Or, are you just trying to divert our attention from the fact that JFK did order the printing of U S dollars? Or, you have really reached some pardise in which mafiosis don't exist, wars are never fomented, no body is ever ordered, required or winked to be eliminated? The likes of Dick the Chenny don't exist / have never existed in the US? Sometimes, I really wish I was 14 years and three months old and could also reside in the same fool's paradise. |
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Patty
Senior Member Joined: 14 September 2001 Location: United States Status: Offline Points: 2382 |
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I just don't agree with this particular article. Of course I know about the Mafia, Cheney, terrorists of all sorts. Kennedy passed an amendment to the original law. He did NOT order anyone to print US dollars. I do have the amendment. Whisper, I'm not trying to argue with you personally. This happens to be a topic which has always interested me. I'd like to be a 14 year old in a fool's paradise too....too bad we can't be there. |
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Patty
I don't know what the future holds....but I know who holds the future. |
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mariyah
Senior Member Joined: 29 March 2006 Status: Offline Points: 1283 |
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What I would recomend for viewing for anyone who does not grasp the concept of the international financial scheme is to view the movie starring George Clooney called "Syriana". it is fictional but touches on the international scheme of things. Interesting viewpoint, which is why this movie is all but ignored by "mainstream America". I would imagine you would have to work in the world of international finance or business to start to understoand the concept of the first article presented. Am I close brother Sasha? Even though this is off the subject I would recommend the international documentary film called "The Beauty Academy of Kabul" as well, it shows the stark reality of what Afghanistan is today as to what is was when the king left for a visit elsewhere and a relative declared himself "president" in his absence. Any American can find this at the local Blockbuster rental. I admire and salute the resilency of the women of Afghanistan in spite of the terror they lived through! Wasallam nee Edited by Maryah |
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"Every good deed is charity whether you come to your brother's assistance or just greet him with a smile.
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Patty
Senior Member Joined: 14 September 2001 Location: United States Status: Offline Points: 2382 |
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Very good suggestions, Maryah! Thank you so much. Happy New Year!!! Patty |
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Patty
I don't know what the future holds....but I know who holds the future. |
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Whisper
Senior Member Male Joined: 25 July 2004 Location: United Kingdom Status: Offline Points: 4752 |
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I just don't agree with this particular article. I am sorry, I forgot to wish you and all other Americans a very Happy and just a bit less Zionist controlled New Year - not my theory - one of your own ex-Presidents admitted it. My friend, there is nothing to agree or dis-agree with this article. It's just a piece of info. The most interesting fact I find is "how the Bill was rushed and approved behind all the American backs". Fact or fiction? Sorry, Fact or Conspiracy Theory? |
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Patty
Senior Member Joined: 14 September 2001 Location: United States Status: Offline Points: 2382 |
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Sasha said, "Or, are you just trying to divert our attention from the fact that JFK did order the printing of U S dollars?" If you look at a copy of EO 11110 you will find that it does not order the issuance of Silver Certificates. It orders an amendment to EO 10289. If you then look up EO 10289, you will find that it says:
Those functions did not include the power to issue Silver Certificates. The purpose of EO 11110 was to add that power to the list. The exact wording of the Order was:
Therefore, my statement in The Creature from Jekyll Island is correct. EO 11110 did not order the printing of Silver Certificates. It ordered the amendment of a previous executive order so that the United States Code would authorize or "empower" the Secretary of the Treasury to issue Silver Certificates if the occasion should arise. Let's put this issue into perspective. The proponents of the JFK Myth assert that Kennedy was assassinated because he was about to issue Silver Certificates, thereby denying the bankers their customary interest payments on the nation's currency. However, the reality was just the opposite. Previously, the President could have issued Silver Certificates on his own authority; but, with the signing of EO 11110, he delegated that authority to the Secretary of the Treasury. At that time, the Secretary of the Treasury was Douglas Dillon from a well-known and powerful banking family. That means Kennedy surrendered the power to issue Silver Certificates and gave it to a member of the banking fraternity who could do with it as he pleased "without the approval, ratification, or other action of the President." Dillon, of course, would have strong motive to preserve the dominance of Federal Reserve Notes. The theory that Kennedy was getting ready to issue Silver Certificates is without evidence or logic. The CCLI makes this additional claim in its report:
This is not supported by the facts. The power granted to the Secretary of Treasury to issue Silver Certificates was rescinded on September 9, 1987, by Executive Order 12608, signed by President Reagan. The official purpose of the Order was stated as "Elimination of unnecessary Executive orders and technical amendments to others." It did not affect EO 11110 directly but did affect the parent EO 10289 - along with 62 other executive orders. That is how paragraph (j) was amended to remove the power in question. This Order can be found in its entirety in the Federal Register 52 FR 34617. http://www.freedom-force.org/printerfriendly.cfm?pffile=jfkm yth_content.cfm If you read this article in its entirety, you will see that President Kennedy did not stop the printing, nor order the printing of silver certificates....President Reagan did in 1987. So I, personally (feeble minded or immature as I am) find no validity to this JFK murder conspiracy. It's only my personal opinion, Whisper. It's not a personal disagreement with you whatsoever. You may well be right, and I may be wrong. Best Regards,
Edited by Patty |
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Patty
I don't know what the future holds....but I know who holds the future. |
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