A John F. Kennedy Timeline…

 In 1962 JFK committed to an across-the-board, top-to-bottom cut in personal and corporate income taxes (the tax system designed for war time), because to not do so, in JFK’s words, “it’s too heavy of a drag on growth in peace time, and it siphons out of the private economy, too large a share of personal and business purchasing power, and it reduces the financial incentives for personal effort, as well as investment and risk-taking.” Simultaneously, JFK was actively taking steps to get rid of the Federal Reserve and instead have our own treasury print our US dollars without borrowing it from a private banking cartel with highly manipulated interest rates.

June 4, 1963, a Presidential decree, Executive Order 11110, was signed with the authority to basically strip the Private Federal Reserve Bank of its power to loan money to the Federal Government with interest. As a result, US Notes were issued as an interest-free and debt-free currency backed by silver reserves in the US Treasury and congress ultimately did approve and sustain his tax cuts in early 1964. Investors loved it. By 1966, the Dow Jones industrial average nearly doubled, and the economy took off. But they quickly stopped his system of our treasury printing our own money, and instead allowed the private banking cartel, the Federal Reserve, to remain in control of printing our currency. Then shortly after that…

…President Kennedy was assassinated on November 22, 1963, and the US Notes he issued were immediately taken out of circulation, and the private “federal” reserve banking system was quickly put back on its normal track.

As time went on, an entire series of banking deregulations have been implemented as well. Most notably, the Riegle-Neal Interstate Banking and Branching Efficiency Act and the Gramm-Leach-Bliley Act, both signed into law by Bill Clinton. These acts permitted Wall Street investment banking firms to gamble with their depositor’s money that was held in affiliated commercial banks, creating derivatives that grow at an exponential uncontrolled rate.

– Michael Vincent –

Cited Sources…

JFK’s Lasting Economic Legacy: Lower Tax Rates By Marilyn Geewax

JFK VS. The Federal Reserve By John P. Curran

LBJ And The Killing Of JFK With Roger Stone…

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