Most Popular Choices
Share on Facebook 87 Printer Friendly Page More Sharing Summarizing
Exclusive to Test Populum:
OpEdNews Op Eds    H4'ed 3/21/13
  

The Central Role of Central Bankers in the Wars of the Past Two Centuries

By       (Page 7 of 10 pages) Become a premium member to see this article and all articles as one long page.   36 comments

Richard Clark
Follow Me on Twitter     Message Richard Clark
Become a Fan
  (108 fans)

 

-- General Smedley Butler, former US Marine Corps Commandant,1935

Source

 

John F. Kennedy understood the predatory nature of private central banking and paid the ultimate price, partly as a result of trying to do something about it.

 

Kennedy understood why Andrew Jackson fought so hard to end the Second Bank of the United States.   So Kennedy wrote, and signed, Executive Order 11110 which ordered the US Treasury to issue a new public currency, the United States Note (i.e. Kennedy's "greenback.')

 

Kennedy's United States Notes were not borrowed from the Federal Reserve but were instead created by the US Government and backed by the silver stockpiles held by the US Government.   These notes represented a return to the system of economics on which the United States had been founded, and were perfectly legal for our government to issue.   All told, some four and one-half billion new dollars went into public circulation, thereby eroding interest payments to the banksters of the privately-owned Federal Reserve and, much to the consternation of the Fed's owners, this loosened the Fed's control over the nation's economy.   Five months later John F. Kennedy was assassinated, and United States Notes were quickly pulled from circulation and destroyed (except for samples held by collectors).   Bankster John J. McCloy, president of Chase Manhattan Bank, and president of the World Bank, was then named to the investigatory Warren Commission, presumably to make sure that the banking interests in league with those behind the assassination, remained concealed from the public.  

 

As we enter the eleventh year of what future historians will most probably describe as the beginnings of World War III, we need to more carefully examine the financial legerdemain behind previous wars .  

 

Towards the end of WWII, when it became obvious that the allies were going to win and therefore be able to dictate the postwar financial environment, the major world economic powers met at Bretton Woods, a luxury resort in New Hampshire (July, 1944), and hammered out the Bretton Woods agreement for international finance.   By that time the British Pound had lost its position (as the global trade and reserve currency) to the US dollar, this being part of the price demanded by Roosevelt in exchange for America's entry into the war.   Absent the economic advantages of being the world's "go-to" currency, Britain was forced to nationalize the Bank of England in 1946.   The Bretton Woods agreement, ratified in 1945, in addition to making the dollar the global reserve and trade currency, obligated the signatory nations to tie their currencies to the dollar.  

 

The nations that ratified Bretton Woods did so, on two conditions.   The first was that the Federal Reserve would refrain from over-printing the dollar as a means of taking too many real products and produce from other nations (i.e. obtaining such products in exchange for the cost of the mere ink and paper that constituted such currency abundance, which basically would have been, in effect, a kind of imperial tax).   That assurance was backed up by the second requirement, which was that the US dollar would always be convertible to gold at the rate of $35 per ounce.

 

Next Page  1  |  2  |  3  |  4  |  5  |  6  |  7  |  8  |  9  |  10

(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).

Must Read 9   Valuable 5   Well Said 3  
Rate It | View Ratings

Richard Clark Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Several years after receiving my M.A. in social science (interdisciplinary studies) I was an instructor at S.F. State University for a year, but then went back to designing automated machinery, and then tech writing, in Silicon Valley. I've (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Follow Me on Twitter     Writers Guidelines

 
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     Test Populum Newsletter

Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Was Pat Tillman Murdered by an American Sharpshooter to Shut Him up?

New JFK assassination bombshells

Two U.S. presidents implicated by ex-CIA black-ops assassin

The cholesterol - heart disease scam: How the medical-industrial complex is raking in billions at our expense

Four Ticking Time Bombs That Will Soon Ignite a Revolution

The Ultimate Goal of the Bankster-led Political-economic Warfare Being Waged Against Us Is . . . ?

To View Comments or Join the Conversation:

Tell A Friend