It's a conspiracy!

[TheGhostInTheMachine]

Someone with intelligent pretenses posted this:



IMO...The global financial crisis was engineered by the Federal Reserve Bank. The FRB is the most powerful privately owned institution in modern history, and we certainly do not get to vote for those in charge. Their business is dollars and their agenda is to keep their product on top. They take the "long view" in their dealings. The U.S. government is merely an account holder. If you're curious, do some research. It's frightening.
So why the crisis? To eliminate the competition. The euro is the first currency in modern history to offer a credible threat to the dollar. The FRB knew the EU was held together with spit and bailing wire. A global financial crisis would show this to the world... and it did. The final blow was the "bailout" packages offered by Germany, France, etc.
It really is obvious on the back end... The euro was born in 1993. Clinton signed into law the processes that kicked open the credit markets around 95'-96' (don't recall exactly) when it looked like the euro would actually gain some traction. It wasn't his fault. He was only doing what he was told to do. It took a long time for credit markets to heat up enough, but the FRB knew exactly what it was doing. Dotcoms and Oil were just incidentals along the way.
The euro won't go away overnight because it will take a lot of time for consumers to realize what has happened. It's also in the EU member's best interest to let the air out slowly in order to avoid further economic turmoil. And it probably won't go away completely because the EU does have an organization, an agenda, and some assets. However, it could take decades to recover to the point where it is a viable "competitor" again. And when it does, I'm sure the FRB will have another nasty trick up their sleeve.
The euro is already under the 62 month SMA and it'll probably cross the 100 before next spring. I don't trade based on SMA's, but they help when analyzing trends...


Discuss...

[mechtech]

It worked in 1929, and worked again now.
Timing was everything.
NOT totally contrived, but well played and influenced by those with immense money and power.

[jjzx2sr]

The Stock market failure of 1929 that lead to the Great depression was engineered to get people to take a social security number. Without a SSN the government would not know who you were, where you were born, how much you own, or how much salary you made.

The New Deal was the name that United States President Franklin D. Roosevelt gave to a sequence of programs he initiated between 1933 and 1936 with the goal of giving work (relief) to the unemployed, reform of business and financial practices, and recovery of the economy during The Great Depression.

The "First New Deal" of 1933 was aimed at short-term recovery programs for all groups. The Roosevelt administration promoted or implemented banking reform laws, emergency relief programs, work relief programs, agricultural programs, and industrial reform (the NRA), a federal welfare state, as well as the end of the gold standard and prohibition.

A "Second New Deal" (1935–36) included labor union support, the WPA relief program, the Social Security Act, and programs to aid farmers, including tenant farmers and migrant workers. The Supreme Court ruled several programs unconstitutional; however, most were soon replaced, with the exception of the NRA.

Most of the relief programs were shut down during World War II by the Conservative Coalition (i.e. the opponents of the New Deal in Congress). Many regulations were ended during the wave of deregulation in the late 1970s and early 1980s. Several New Deal programs remain active, with some still operating under the original names, including the Federal Deposit Insurance Corporation (FDIC), the Federal Housing Administration (FHA), and the Tennessee Valley Authority (TVA). The largest programs still in existence today are the Social Security System, Securities and Exchange Commission (SEC), and Fannie Mae.



The first SSN was issured in 1936 and was provided in the legislation called the New Deal. Before 1986, people often did not have a Social Security number until the age of about 14, since they were used for income tracking purposes, and those under that age seldom had substantial income. In 1986, American taxation law was altered so that individuals over 5 years old without Social Security numbers could not be successfully claimed as dependents on tax returns; by 1990 the threshold was lowered to 1 year old, and was later abolished altogether.

Basically if you wanted state help surviving the Depression or even work you had to take a social security number.

[fusew3rks]

The federal reserve is the central banking system of the United States. Created in 1913 by the enactment of the Federal Reserve Act, it is a quasi-public (government entity with private components) banking system[1] composed of (1) the presidentially appointed Board of Governors of the Federal Reserve System in Washington, D.C.; (2) the Federal Open Market Committee; (3) twelve regional Federal Reserve Banks located in major cities throughout the nation acting as fiscal agents for the U.S. Treasury, each with its own nine-member board of directors; (4) numerous private U.S. member banks, which subscribe to required amounts of non-transferable stock in their regional Federal Reserve Banks; and (5) various advisory councils. As of February 1, 2006, Ben Bernanke serves as the Chairman of the Board of Governors of the Federal Reserve System.

JFK wanted to abolish it because he knew that debt would come and ultimately was why he was killed among other things. I posted a thread on here about it.

[fusew3rks]

Executive Order 11110

AMENDMENT OF EXECUTIVE ORDER NO. 10289 AS AMENDED, RELATING TO THE PERFORMANCE OF CERTAIN FUNCTIONS AFFECTING THE DEPARTMENT OF THE TREASURY. By virtue of the authority vested in me by section 301 of title 3 of the United States Code, it is ordered as follows:

SECTION 1. Executive Order No. 10289 of September 19, 1951, as amended, is hereby further amended - (a) By adding at the end of paragraph 1 thereof the following subparagraph (j): "(j) The authority vested in the President by paragraph (b) of section 43 of the Act of May 12, 1933, as amended (31 U.S.C. 821 (b)), to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury not then held for redemption of any outstanding silver certificates, to prescribe the denominations of such silver certificates, and to coin standard silver dollars and subsidiary silver currency for their redemption," and (b) By revoking subparagraphs (b) and (c) of paragraph 2 thereof. SECTION 2. The amendment made by this Order shall not affect any act done, or any right accruing or accrued or any suit or proceeding had or commenced in any civil or criminal cause prior to the date of this Order but all such liabilities shall continue and may be enforced as if said amendments had not been made.

Signed by President Kennedy to return to the federal government, specifically the Treasury Department, the Constitutional power to create and issue currency -money - without going through the privately owned Federal Reserve Bank.

In doing so, it would have prevented the national debt from reaching its current level (virtually all of the nearly $9 trillion in federal debt has been created since 1963). It would have almost immediately given the U.S. Government the ability to repay its debt without going to the private Federal Reserve Banks and being charged interest to create new "money". Executive Order 11110 gave the U.S.A. the ability to, once again, create its own money backed by silver and realm value worth something.

Just five months after Kennedy was assassinated, no more of the Series 1958 "Silver Certificates" were issued either, and they were subsequently removed from circulation. It seems very apparent that President Kennedy challenged the "powers that exist behind U.S. and world finance". With true patriotic courage, JFK boldly faced the two most successful vehicles that have ever been used to drive up debt: 1) war (Viet Nam); and, 2) the creation of money by a privately owned central bank. His efforts to have all U.S. troops out of Vietnam by 1965 combined with Executive Order 11110 would have destroyed the profits and control of the private Federal Reserve Bank.

Once again, Executive Order 11110 is still valid. According to Title 3, United States Code, Section 301 dated January 26, 1998:

Executive Order (EO) 10289 dated Sept. 17, 1951, 16 F.R. 9499, was as amended by:

EO... 10583, dated December 18, 1954, 19 F.R. 8725;
EO... 10882 dated July 18, 1960, 25 F.R. 6869;
EO... 11110 dated June 4, 1963, 28 F.R. 5605;
EO... 11825 dated December 31, 1974, 40 F.R. 1003;
EO... 12608 dated September 9, 1987, 52 F.R. 34617

The 1974 and 1987 amendments, added after Kennedy's 1963 amendment, did not change or alter any part of Kennedy's EO 11110. A search of Clinton's 1998 and 1999 EO's and Presidential Directives has also shown no reference to any alterations, suspensions, or changes to EO 11110.

The Federal Reserve Bank, a.k.a Federal Reserve System, is a Private Corporation. Black's Law Dictionary defines the "Federal Reserve System" as: "Network of twelve central banks to which most national banks belong and to which state chartered banks may belong. Membership rules require investment of stock and minimum reserves." Privately-owned banks own the stock of the FED. This was explained in more detail in the case of Lewis v. United States, Federal Reporter, 2nd Series, Vol. 680, Pages 1239, 1241 (1982), where the court said: "Each Federal Reserve Bank is a separate corporation owned by commercial banks in its region. The stock-holding commercial banks elect two thirds of each Bank's nine member board of directors".

No man did more to expose the power of the FED than Louis T. McFadden, who was the Chairman of the House Banking Committee back in the 1930s. In describing the FED, he remarked in the Congressional Record, House pages 1295 and 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 Reserve Board, a Government Board, has cheated the Government of the United States and he people of the United States out of enough money to pay the national debt. The depredations 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 United States; 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".

[mechtech]

fuse - You mix your conclusions with some facts.
Kennedy was instrumental to our involvement in Laos, and Vietnam. He was itching to get a spot to confront the Soviets. He had something to prove to Kruschev, who discounted him as weak and ineffectual.
Ever hear of Diem of S. Vietnam? Kennedy had him killed.
How about the Studies and Observation Group soldiers [SOG] ? This was the label of the soldiers Kennedy sent. What a farce!
Kennedy was NOT clean at all.

[Wit]

Off Topic:

This is gunna sound like a stretch, but JFK was killed over the Cuba incident which was orchastarted by George H.W. Bush. Oswald didn't fire a shot.

On Topic:

Anyone involved with the Fed Res needs to injest large quantities of lead or other metals travelling at high velocity.