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Originally posted by Hemisphere
reply to post by LazyGuy
Should we think that Kennedy, Johnson, Nixon, Ford, Carter, Reagan, Bush, Clinton, Bush and Obama all have known virtually nothing of what we're discussing? Democrat, Republican, liberal, conservative, dove and hawk, all were comfortable in their knowledge of the Fed and its' function.
On June 4, 1963, a virtually unknown Presidential decree, Executive Order 11110, was signed with the authority to basically strip the Federal Reserve Bank of its power to loan money to the United States Federal Government at interest. With the stroke of a pen, President Kennedy declared that the privately owned Federal Reserve Bank would soon be out of business.
Originally posted by whatukno
H.R. 6550:
To create a full employment economy as a matter of national economic defense;
[]
These are always popular with the public, but rarely ever make it out of committee.
Originally posted by LazyGuy
Originally posted by Hemisphere
reply to post by LazyGuy
Should we think that Kennedy, Johnson, Nixon, Ford, Carter, Reagan, Bush, Clinton, Bush and Obama all have known virtually nothing of what we're discussing? Democrat, Republican, liberal, conservative, dove and hawk, all were comfortable in their knowledge of the Fed and its' function.
Actually Kennedy did understand that our money shouldn't be controlled by the Federal Reserve. Another member mentioned this on page 3 of this thread.
On June 4, 1963, a virtually unknown Presidential decree, Executive Order 11110, was signed with the authority to basically strip the Federal Reserve Bank of its power to loan money to the United States Federal Government at interest. With the stroke of a pen, President Kennedy declared that the privately owned Federal Reserve Bank would soon be out of business.
post by ofhumandescent
I am sourcing OfHumanDecent's post but for the rules I'm also linking to source of off site materiel she used in her post.
www.john-f-kennedy.net...
edit on 21-12-2010 by LazyGuy because: (no reason given)
Specifically, it was the Cleveland Trust Company that suddenly required all of the city's debts be paid in full, which forced the city into default, after news of Kucinich's refusal to sell the city utility. For years, these debts were routinely rolled over, pending future payment, until Kucinich's announcement was made public. In 1998 the council honored him for having the "courage and foresight" to stand up to the banks and saving the city an estimated $195 million between 1985 and 1995.
Originally posted by SimonPeter
reply to post by Thoth Progeny
The new currency is already established . It will never be minted , it will be electronically transacted and only those specifically authorized to use it will have access to the new economic structure . When the current exchange system faults ( by design ) and people are not able to procure their necessary items such as food , medicine or gas they will flock to the New World Order banking system to regain their security . I believe this new system will be very controversial . The Christians will oppose it because the IMF can place any demands it wants . If you do not subscribe to the new most likely RFID chip implant called Verichip you will be excluded from the system . The Mark of the Beast is coming ever more to reality than ever . Christians will oppose this new system vigorously . Some have asked what the Fema camps are for ? Think about it !
Let's look at reality folks.
This legislation is already dead. This congress has ended. Brand new one in January. This legislation will have to be reintroduced.
This kind of legislation is brought up from time to time. It's popular yes, but the sad fact and the reality is, this will never see the light of day, it will go to committee where it will die.