Federal Reserve, And Presidents assassinated.
He is the only one against The Federal Reserve.
On June 4th 1963 there was a little known attempt to strip the Federal Reserve Bank or it's power to loan money to government with interest. On that day President John F. Kennedy signed into Executive Order Number 11110 that returned to the U.S. the power to issue currency without going through the Federal Reserve. President Kennedy's order's gave the treasury the power to issue " silver certificates" that had value according to silver bullion, silver, or silver dollars in the U.S. Treasury Vault. The U.S. could then introduce new money into circulation.
Kennedy then brought $4.3 billion in U.S. notes into circulation. If those silver certificates continued to be in circulation in the entire nation, then the Federal Reserve Bank in New York City would have gone out of business in a very short time, because while the silver certificates are backed by silver, the federal reserve notes are backed by nothing.
President Kennedy was assassinated five months later. Even though Executive Order 11110 was still able to be used by the government, it was not. The government went back to using the Federal Reserve Bank. No more silver certificates have ever been created since then.
President Abraham Lincoln, during the Civil War needed money to fund the war, so he went to the banks. When he found out the banks were going to charge him up to 36% interest he was angry, So, he passed a law for the printing of legal money which were called " Green Backs". The green backs were paid to soldiers, civil service employees, and those who brought supplies for the war..
Shortly after that the London Times Magazine printed the following...the financial policy which originated in North America will become a government which will finance it's own money without costs...it will be without debt...the wealth of all countries will go to North America. That government must be destroyed, or it will destroy every monarchy on the globe.
Lincoln was assassinated shortly after that paper was printed. Bankers understood that Lincoln would break the power of the international bankers.
There were many changes in banking law over the next fifty years. The bankers were able to convince Congress to pass the Federal Reserve Act, which gave the bankers their ultimate goal. They are now a bank, which is privately owned, they have the power to run the country by the creation of money, and can charge any amount of interest they want.
Ron Paul has stated in Congressional Record " Abolishing the Federal Reserve will allow Congress to reassert it's constitutional authority over monetary policy. The United States Constitution grants congress the authority to delegate control over monetary policy to control a central bank. Furthermore, the Constitution, certainly does not empower the Federal Government to erode the American standard way of living via an inflationary monetary policy"
Now, according to Ron Paul's website " There is no greater threat to the security and prosperity of the United States today then the out-of-control, secretive Federal Reserve. The entire first page of Ron Paul's for President website is against the Federal Reserve.
Ron Paul is not going to be the next president. Will anyone ever have the courage to end the Federal reserve? Probably not.
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