This morning President Obama renominated the head of the Federal Reserve Bank Ben Bernanke, continuing his smoke-and-mirrors form of change that’s been going on since he was elected to the White House. Along with all of the other Neo-Con and CFR nominations in the Obama White House this solidifies it for me that he is ‘more of the same’ as compared to 8 years of the George W. White House. The face may have changed but the puppeteers are still the same.
The only way Obama is going to win back my support is for him to enact Executive Order No. 11110 for which John F. Kennedy payed with his life.
On June 4, 1963, a little known attempt was made to strip the Federal Reserve Bank of its power to loan money to the government at interest. On that day President John F. Kennedy signed Executive Order No. 11110 that returned to the U.S. government the power to issue currency, without going through the Federal Reserve. Mr. Kennedy’s order gave the U.S Treasury the power “to issue silver certificates against any silver bullion, silver, or standard silver dollars in the U.S. Treasury.” This meant that for every ounce of silver in the U.S. Treasury’s vault, the government could introduce new money into circulation. In all, Kennedy brought nearly $4.3 billion in U.S. notes into circulation. The ramifications of this bill are enormous for Americans, not to mention Kennedy himself. It was just 5 months later Kennedy was assassinated. Since then no President has dared to discuss that order.
If Obama wants to save his economy and by default the economy of the planet he needs to enact Executive Order No. 11110.
Now THAT would be change I could believe in.