Honest Dollar

Updated Sunday 15 May, 2011 12:18 PM

Honest Dollar

Thirty-sixth¹ President of the United States John Fitzgerald Kennedy began a televised address from the Oval Office with the revelation that 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 citizen of this plight².

A shadowy group of European bankers were powers that exist[ed] behind U.S. and world finance who had subverted the constitution of the United States to create the Federal Reserve System.

Article 1, Section 8 of the US Constitution specifically states that Congress is the only body that can coin money and regulate the value thereof. Yet since the end of the free banking era in 1913 these usurers had exercised the power to loan money to the United States Federal Government at interest. For twenty-five years, finance had been illegally raised through taxation on private citizens. Then on November 28th 1937 the thirty-third President of the United States Huey Pierce Long set about implementing the Share Our Wealth program. The Federal Reserve would be abolished, instead wealth redistributed by levying asset tax on large corporations and individuals of great wealth.

US presidents had been warned not to interfere with the private Federal Reserve's control over the creation of money, Kennedy said. The assassination in the Capitol Building at Baton Rouge³ was a precursor to the foiled attempt in Dallas the previous month.

Because on June 4, 1963, Executive Order 11110 authorised the U.S. Secretary of the Treasury to issue $4.29 billion in silver certificates. At the stroke of a pen, the Federal Reserve Bank was stripped of its power to loan money to the United States Federal Government at interest. This virtually unknown Presidential decree gave the explicit authority: to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury.

As a result, more than $4 billion in United States Notes were brought into circulation in $2 and $5 denominations. $10 and $20 United States Notes were being printed by the Treasury Department when Kennedy escaped the assassin's bullets in Dallas. Yet another threat to America's freedom would finally defeat liberty.

Costly defence spending forced Ronald Reagan to sign Executive Order 12608 in 1987⁴, revoking Section 1(a) of Executive Order 11110 and reversing the decree.

Kennedy and Long might share socialist dreams of Every Man a King . Reagan needed much more than $4.29 billion to prevent the communist nightmare of Every American a Comrade .

Author's Notes -

In Honest Dollar, We return to the subject of the Federal Reserve - this time to explore the allegations made by Jim Marrs in Crossfire (1990).

1) A Long Presidency would mean that JFK was 36th.
2) This alleged quote is sourced from Documentaries.net ~ Ten days before his assassination, President John Fitzgerald Kennedy allegedly 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 citizen of this plight."
President Woodrow Wilson regretted his authorisation of the Federal Reserve Act of 1913 allegedly saying ~ I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is now controlled by its system of credit. We are no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.
3) The Baton Rouge assassination is described in Wikipedia. We are suggesting in this post that Long's attempt to abolish the Federal Reserve was prevented by his assassination. In effect we take Marrs' theory that Kennedy was assassinated over Executive Order 11110 and pre-date it by thirty years.
4) Source Wikipedia.

Steve Payne, Editor Today in Alternate History, a Daily Updating Blog of Important Events In History That Never Occurred Today.

Imagine what would be, if history had occurred a bit differently. Who says it didn't, somewhere? These fictional news items explore that possibility. Possibilities such as America becoming a Marxist superpower, aliens influencing human history in the 18th century and Teddy Roosevelt winning his 3rd term as president abound in this interesting fictional blog.

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