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Thread: History question re: money. Anyone know if this is true or false?

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    Default History question re: money. Anyone know if this is true or false?

    My guess is false, due to the source, but I don't really know. Btw, the source is a website belonging to one of the "conspiracy theorists".

    He claims the primary reason both Abraham Lincoln and JFK were assassinated was because both were getting ready to introduce a new form of money. A form of money upon which it would have been permanently illegal to ever charge so much as one cent of interest.

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    Jay Zeno
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    Default Re: History question re: money. Anyone know if this is true or false?

    Well, supposedly, the conspiracy was to assassinate the president, vice president, secretary of state, and secretary of war (later named secretary of defense). The secretary of the treasury wasn't a target.

    So I'd say no.

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    Default Re: History question re: money. Anyone know if this is true or false?

    Quote Originally Posted by PhaedrusZ View Post
    My guess is false, due to the source, but I don't really know. Btw, the source is a website belonging to one of the "conspiracy theorists".

    He claims the primary reason both Abraham Lincoln and JFK were assassinated was because both were getting ready to introduce a new form of money. A form of money upon which it would have been permanently illegal to ever charge so much as one cent of interest.
    I have never heard anything like that, and I was a history major for awhile back in college.

    Lincoln's assasination was about slavery/cvil war, and deep seeded hatred from the south. I don't beleive there was any conspiracy at all.

    JFK on the other hand... too many inconsistencies for me do be sure on anything... Still I don't think it had anything to do with new currency.

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    Default Re: History question re: money. Anyone know if this is true or false?

    according to the 'tin foil hat' crowd ...



    (snip)"The ramifications of this bill are enormous.

    With the stroke of a pen, Mr. Kennedy was on his way to putting the Federal Reserve Bank of New York out of business. If enough of these silver certificats were to come into circulation they would have eliminated the demand for Federal Reserve notes. This is because the silver certificates are backed by silver and the Federal Reserve notes are not backed by anything. Executive Order 11110 could have prevented the national debt from reaching its current level, because it would have given the gevernment the ability to repay its debt without going to the Federal Reserve and being charged interest in order to create the new money. Executive Order 11110 gave the U.S. the ability to create its own money backed by silver.

    After Mr. Kennedy was assassinated just five months later, no more silver certificates were issued. The Final Call has learned that the Executive Order was never repealed by any U.S. President through an Executive Order and is still valid. Why then has no president utilized it? Virtually all of the nearly $6 trillion in debt has been created since 1963, and if a U.S. president had utilized Executive Order 11110 the debt would be nowhere near the current level. Perhaps the assassination of JFK was a warning to future presidents who would think to eliminate the U.S. debt by eliminating the Federal Reserve's control over the creation of money."(snip)

    as to a Lincoln money conspiracy theory ...



    (snip)"[the head of the - sic] National Detective Police (NDP, the FBI of its day), knew plenty but feared for his life. So, he cautiously revealed what he knew, shortly before he died from apparent arsenic poisoning. Conspiracy Nation previously covered Neff's circa 1957 find in Ray Neff Discovers Coded Messages. ()

    Readers may be familiar with the system of fiat money, known as "Greenbacks", inaugurated during Lincoln's presidency. According to a hard-to-obtain book, Lincoln: Money Martyred (Omni Publications, first published in 1935; latest reprint 1989), Lincoln and his Treasury Secretary tried to obtain loans from New York bankers to finance the Union war effort. Terms offered for the loans were a usurious 24 to 36 percent interest. Indignant, Lincoln refused the loans. Pondering what to do, the president reportedly was advised by a close friend to get Congress to authorize the printing of "legal tender" treasury notes -- greenbacks. There is some debate over whether the greenbacks worked as reliable money. The author of Lincoln: Money Martyred claims they did, until Congress tacked on an "exception clause" rendering greenbacks "Good for all debts both public and private except duty on imports and interest on government debts." The exception clause "put the government in the light of refusing its own money for duty on imports, and gave the bankers an excuse to refuse or discount [greenbacks], which they promptly did, 30 percent..." (Lincoln: Money Martyred)

    The issue of whether greenbacks (issued by the government and not by the later, so-called "Federal" Reserve) were or could have been viable is hotly debated. Whatever the case, the authors of Dark Union portray the Union as going bankrupt and in desperate need of gold. To get the needed gold, Lincoln was forced to allow secret trading of Confederate cotton, "trading with the enemy": a triangle of trade involving the South, Northern speculators, and Europe.

    "But in early 1865 Lincoln began to vacillate in regard to trading with the enemy, which, along with the imminent end of the hostilities, threatened the huge profits at stake." (Dark Union) The aspect of an imminent end of hostilities threatening huge business profits suggests a theme developed by author Otto Eisenschmil: that Union victory may have been purposefully botched for years."(snip)


    The conspiracy theory that large NY financial interests were behind the Lincoln Assassination has further corroboration via the following close look at the history of the 14th Amendment ...
    Last edited by Melonie; 12-21-2007 at 12:20 PM.

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    Default Re: History question re: money. Anyone know if this is true or false?

    Stu-pid!

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