Naomi Klein to Rachel: "The scale of the Bail Out is too large for both ..." Crony Capitalism and

Grassroots Stimulus, i.e. jobs.

It would be so cost effective the public might expect to be bailed out themselves.

We ARE owned.

And wasn't the recinsion of that order one of the first things that LBJ did after being sworn in?

Forget the conspiracies; aren't these true facts?

John Fitzgerald Kennedy

On June 4, 1963, John F. Kennedy signed a virtually unknown Presidential decree, Executive Order 11110, a mere four months before his assassination on November 22, 1963. This decree returned to the U.S. Federal government the Constitutional right to create and "to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury."

As a result, US$4,292,893,815 of new "Kennedy Bills" were created through the U.S. Treasury instead of the Federal Reserve System. In 1964, Kennedy's successor, Lyndon B. Johnson, stated that, "Silver has become too valuable to be used as money." The Kennedy bills were removed from circulation.

Below are examples of the $2 and $5 dollar denominated "Kennedy Bills" (also known as "Red Seal Bills"). Note the 1963 date and words "United States Note" at the top instead of the familiar "Federal Reserve Note" wording.





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Was silver "too valuable"?

Might still be, since Obama Admin has now changed Accounting rules to allow them to seal up their bad assets and commoditize them, so the $$trillion dollars in inflated debts which they used to create $$trillion dollars in real wealth will never have to be paid off.

It never becomes real wealth until it gets into the coffers of the elite... that is why they have a law allowing them to monitor "suspicious transactions" where a person without a lot of money makes a large deposit or withdrawal... because they're not expected or supposed to have as much money as the elite. If they did, the currency would inflate and the wealth of the elite would be destroyed. Inequality is essential to the system, according to Greenspan.

I have thought for some time that this might be the solution for the banking crisis. Let them go under. Create a United States Bank, backed by the gold and silver in our reserves. The value could remain stable and our money would be worth something once again. Let the Federal Reserve compete against the "real" dollars of the US Government. It would not take long for people to dispose of their Federal Reserve Notes, would be my guess?