Three Reasons JFK was Murdered

by Len Hart, The Existentialist Cowboy

In our lifetimes, the best and brightest have been snuffed before our very eyes by the cowardly, unseen, shadowy exercise of pure evil and rotten ambition. The most prominent victims are John F. Kennedy who was, at the time, President of the United States, Robert Kennedy, a former U.S. Attorney General and candidate for his party's Presidential nomination, Dr,. Martin Luther Kr whose 'dream' while liberating to right thinking persons was, in fact, a gauntlet thrown down, a challenge to those who dare to enslave us.

Those benefiting most from JFKs murder are most certainly guilty of it. It's a question of motive, method and opportunity. The American right wing had all three. An analysis of the motives reveal a pattern and a constituency that supported the murder as a means of achieving 'regime change'.

JFK tried to strip the power of the FED, abolish the Oil Depletion Allowance, and 'smash the CIA into a thousand pieces'. No President since has dared piss off so many powerful and ruthless people.

JFK tried to strip the Federal Reserve Bank of its power to loan money to the government at interest

The move would have bypassed the Fed by restoring to the government the power and authority to issue currency. Executive Order 11110 gave the US government the ability to create its own money --backed by silver! It just might have put the FED out of business.

Some background and basic economics: to pay it's bills, the US government borrows money from the Federal Reserve Bank of New York. The Federal Reserve Notes are not backed up by anything. 'Silver certificates' issued under the authority of JFKs order would have been backed up by government owned silver. The government would no longer borrow from the FED to pay its obligations. It would have done so with 'silver certificates' issued by the government itself.

Like any commodity, Federal Reserve notes are subject to the laws of supply and demand. The demand for Federal Reserve notes might have collapsed altogether and the FED itself might have been forced out of business.

Executive Order 11110 could have prevented the national debt from reaching its current level. It would have would have made it possible for the government to repay its debt without having to borrow worthless 'notes' from the Fed and having to repay them later at interest.

Executive Order 11110 was never repealed. One wonders why no other President ever bothered to utilize it. Could it have had anything to do with the fact that JFKs order made him very, very unpopular throughout the banking establishment? In fact, JFK was brutally murdered in Dallas just five months after issuing the order. No more silver certificates were issued. The FED's gravy train was still intact.

The 'scheme' preferred by the Fed allows the Fed to create money which it loans to the government at interest.

The private Federal Reserve owners don’t have a trillion dollars to lend the Government, nor do they need it. All they do is create it, via a bookkeeping entry, and write a check to the U.S. Government as the loan in exchange for the U.S. Bonds. The U.S. Government banks at the Federal Reserve Bank so cashing this check is very easy.

--FDRS

It's a scheme, possibly a scam. Certainly --no hard currency is exchanged. Government agents are never seen walking out of the FED offices --under armed guard --carrying bullion, coins, or, indeed, anything of real value. The Fed makes an 'entry' in the books! The government makes an entry in its books! And you thought you had to work hard to make money!

"If the American people ever allow private banks to control the issue of currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers conquered."

--Thomas Jefferson

JFK Threatened to Repeal the 'Oil Depletion Allowance'!

It's always been about the 'price of oil' at the wellhead and the profits that accrue to 'big oil'! Having grown up in Texas, I can vouch for the following very short, illustrative history:

Ross Sterling, the former owner of Humble Oil, was elected governor of Texas and took office on 20th January, 1931. The Texas Railroad Commission, under the control of the large oil producers, attempted to limit the production of oil (prorationing) in the new fields of East Texas. On 31st July, 1931, the federal court in Houston sided with a group of independent oil producers and ruled that the Texas Railroad Commission had no right to impose prorationing.

Large oil companies in Texas such as Humble Oil were in favour of prorationing and Sterling came under great pressure to intervene. On 16th August, 1931, Sterling declared martial law in Rusk, Upshur, Gregg and Smith counties. In his proclamation Sterling declared that the independent oil producers in these counties were "in a state of insurrection" and that the "reckless and illegal exploitation of (oil) must be stopped until such time as the said resources may be properly conserved and developed under the protection of the civil authorities".

Sterling now ordered the commander of the Texas National Guard, Jacob F. Wolters, to "without delay shut down each and every producing crude oil well and/or producing well of natural gas". Wolters who was the chief lobbyist of several major oil companies in Texas, readily agreed to this action. Wolters used more than a thousand troops to make sure that the oil wells in East Texas ceased production. The Texas Railroad Commission was now in firm control of the world's most prolific oil fields. It now controlled the supply of the oil in the United States. As a result, the price of oil began to increase.

--Texas Oil Industry and the Assassination of JFK

Humble later became "Exxon". It is not only prices but profits. Big oil was literally guaranteed huge profits by another bit of accounting legerdemain: the oil depletion allowance. the 'oil depletion allowance' is like depreciation but more abstract. Depreciation is often visible. Machines wear out, the loss of utility is real. From an accounting standpoint, the 'oil depletion allowance' is a whopping write off, literally a pay off for the oil you WON'T FIND LATER! Now --how would like to be paid NOW for the money you WON'T make LATER when the business you're in NOW is no longer profitable?

Sweet deal, perhaps even better than the 'sweet deal' the FED got. I can think of no other industry that has managed to shake down the government so effectively. I can think of few businesses in which you are paid upfront the money you will not make at some point in the future.

By 1962, JFK had sealed his fate, deciding to take on the Texas oil industry. He persuaded Congress to 'remove the distinction between repatriated profits and profits reinvested abroad'. The law applied to all industries but seemed to affect the oil industry particularly. Texas oil fat cats watched earnings from foreign investments fall by one half --or from 30 per cent to 15 per cent.

As President, LBJ, abandoned plans to abolish the oil industry's sacred cow, the cow it regularly milked. The oil depletion allowance was not disallowed until the Presidency of Jimmy Carter who is still reviled in Texas. One would never suspect that Carter is among the TOP Presidents in terms of economic performance. At that, Carter is among the fortunate; it is only his 'record' that has been assassinated.

JFK Threatend to 'smash the CIA into a thousand pieces'