Louis T. Mc Fadden, who was the Chairman of the House Banking Committee back in the 1930’s. In describing the FED, he remarked in the Congressional Record, House pages 1295 &1296 on June 10, 1932:

“Mr. Chairman, we have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve banks. The Federal Rserve Board, a Government board, has cheated the Government of the U.S. and the people of the U.S. out of enought money to pay the national debt. The depradations and the iniquities of the Federal Reserve Board and the Federal Reserve banks acting together have cost this country enough money to pay the national debt several times over. This evil institution has impoverished and ruined the people of the U.S., has bankrupted itself, and has practically bankrupted our Government. It has done this through the maladministration of that law by which the Federal Reserve Board, and through the corrupt practices of the moneyed vultures who control it.”

Sound familiar?

J.F.K. reasoned that by returning to the constitution whcih states that only Congress shall coin and regulate money, The Soaring National Debt could be reduced by not paying ineterest to the bankers of the Federal Reserve System, who print paper money then loan it to the Government at interest. JFK signed EXECUTIVE ORDER 11110 on June 4, 1963 which called for the issuance of 4,292,893,815 in UNITED STATES NOTES through the U.S. TREASURY rather than the Federal Reserve System. That same day Kennedy signed a Bill changing the backing of one and two dollar bills from silver to gold, adding strenth to the weakened U.S. CURRENCY.

Kennedy’s Comptroller of the Currrency James T. Saxon had been at odds to the powerful Federal Reseve Board for some time encouraging broader lending investments and lending power for banks that were not part of the Federal Reserve System. Saxon also had decided that non-Reserve banks could underwrite the State and local general obligation bonds, again weakening the dominant Federal Reserve Banks.

Check out this website, it talks all about the 1963 UNITED STATES NOTE;

http://www.john-f-kennedy.net/thefederalreserve.htm

I would like to add a bit of startling news to that factoid about BARACK OBAMA signing EXECUTIVE ORDER 12425. My local news just reported that Chicago is hosting the G-8 SUMMIT NEXT SPRING AND THE CHICAGO POLICE ARE GOING TO BE USING_ NATO SECURITY FORCES _ALONG WITH CHICAGO POLICE SECURITY. SAY WHAT?????? GET OUT OF HERE, THEY HAVE GOT TO BE KIDDING RIGHT? NOPE, THEY ARE NOT FREAKING KIDDING. THERE ARE 1300 OFFICERS BEING TRAINED AS THEY ARE EXPECTING MASS PROTESTS. WOW, SOUNDS LIKE THE 1968 DEMOCRATIC CONVENTION PROTESTS ON STEROIDS. GEE WHIZ, THANX OBAMA. NOW I KNOW FOR SURE, YOU ARE A TRAITOR SENDING NATO TO CHICAGO TO FIGHT LIBERTY. HOMELAND SECURITY WILL PROBABLY WAITING IN THE WINGS WITH LASER GUNS AND FEMA COFFINS..

Another interesting factoid regarding J.FK. signing 11110 Treasury print which enacted the UNITED STATES NOTE BACKED BY SILVER. BARRACK OBAMA fundamentally altered our Constitutional Rights by signing EXECUTIVE ORDER 12425 ON 1-11-10. Coincidence? Everyone should google that Executive order signed by Obama as well as UNITED STATES NOTE 11110 Treasury print signed by JFK. My local news reported this morning that COMCAST my local internet provider kicked a guy off of their service for downloading to much information off of the internet. He is apparently barred from usage for a year. WTF???

I was watching President Obama’s speech this morning on raising the debt ceiling and I found his reasons to raise it a bit ridiculous. He used the analogy that if we as individuals had a credit card and we were reaching the limit we would keep paying it down. That is nonsense. We would not want to get our limit raised and take on more debt if we were at peak credit and were struggling to pay the debt as it was. THAT IS IMBACILE.The Government needs to stop spending and using so much credit..They issue S.S checks and veterans checks backed by credit and not money? Doesn’t anyone see that as a bad thing? What If business owners paid their employees with their credit card instead of the money in their bank account? They would soon be in trouble if they had a few bad months.

Why are we using so much FOREIGN credit? AMERICA IS NOT BROKE. Why do we owe China a trillion dollars when practically everything we buy is made in China? WE ARE LETTING THEM GET AWAY WITH MURDER AND WHY? BECA– USE THE FOREIGN TYRANNY KNOWS A COUNTRY IN DEBT IS NOT FREE. DEBT IS SLAVERY. If we charged China a tariff on all goods they import we would not owe them for long. Donald Trump has spoken about this very issue. Why is our President making this country look bad like we are broke? Why are we allowing foreign countries to ring us up with debt instead of just paying our damned bills and quit borrowing from the tyranny that rang America up and robbed us and is holding this country hostage with a giant 14 trillion dollar credit card bill that they created.The greatest lie ever told is AMERICA is broke. This Government needs to stop ringing AMERICA up and live within its means. We all have to and the foreigners are laughing all the way to the bank. Imagine the interest alone on all of that debt? Send WALL STREET the bill for ringing us up in the Ponzi Scheme and make the top 2% and their minions, the mutinational corps who pay no tax pay the debt they created out of thin air and tell the U.S. GOVERNMENT to quit ringing up AMERICA WITH DEBT. That debt is unsustainable because it was born of a PONZI SCHEME. Time for a UNITED STATES NOTE backed by silver like what J.F.K wanted. NO MORE FEDERAL RESERVE DEBT. Time TO AUDIT FORT KNOXX and back a UNITED STATES NOTE as a currency of value, not debt.. .

Found an interesting bit of info about JFK@political velcraft.org, the first link. Seems J.F.K. already had signed 11110 Treasury Print for the UNITED STATES NOTE. That NOTE would be backed by silver. In a commencement speech he made to Columbia University class on November 12,1963, ten days before his assassination. President John F. Kennedy said:

“The high office of the President has been used to foment a plot to destroy the American’s freedom and before I leave office, I must inform the citizens of this plight.”

I also read at Newsmax that November 12, 1963 J.F.K requested the UFO files from the CIA. He felt it was a matter of national security that he have access to those files. He said Russia could mistake a UFO for the U.S Government. According to the report the CIA using JFK’s codename Lancer, said Lancer can’t be allowed to have that info. J.FK. was fighting the same tyranny as we all are and both of these events occurred on the day I was born. .

IT IS TRUE, AMERICA IS NOT BROKE. Jesse Ventura said America is one of the richest countries in the world in his Conpiracy Theories episode entitled Wall Street.

I will keep looking for that CNBC Wall Street made 60 trillion in mortgage derivatives in 1999. but they may have scrubbed it. I think they reported it around last October, around the same time they reported that Wall Street was gambling on the end of the world and they reported forget the jobs numbers, they are stealing your wealth. Bloomberg reported about the Fed getting trillions of dollars in mortgage payments which they use to buy securities with last Thurs. or Friday on their show. I can’t find it at their website and you usually always can. Max Keiser interviewed somebody a couple of months or so ago and his guest said that the U.S. GOVERNMENT is involved in a PONZI SCHEME WITH TREASURIES.