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How Did Kennedy's Failure To Control The Federal Reserve

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The Federal Reserve from the very start was created to control. And gain financial power by bankers. The intent and cover was to secure financial system for economy. The bankers figured out by controlling the money they could control the country. In a sense the Federal Reserve is a cover up for bankers. It can be ran by congress, if the government would join forces The U.S. economy would improve if overseen by the public instead of private bankers. The corruption they are allowed to keep dealing in secret and having free will to command all issues in issuing money. From the beginning it was a scheme In 1913 the idea was started under the idea to plan to be a scheme of a Federal Reserve Bank with its commercial-paper basis is an impractical, …show more content…

In 1963 President Kennedy realized the problems and discovered a catch with a loophole it would allow the United States to buy out the system for 1 billion dollars. Then congress would control of the currency and taxes could be a thing of the past. Kennedy had an order in to dismiss the Federal Reserve and ordered the government to bring back the original statute of the constitutional mandate of controlling money. In three week the president was killed and President Johnson took office and pulled the order. There is question as where Kennedy’s death was related to this order or not? Kennedy was not the 1st president to see a problem was happening Thomas Jefferson tried to warn the nation in 1809 "I believe that banking institutions are more dangerous to our liberties than standing armies . . . If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] . . . will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered . . . The issuing power should be taken from the banks and restored to the people, to whom it properly belongs”. There have other who has tried to stop the control including President Lincoln, President Jackson, and Congressman Charles Lindbergh. The latest being Congressman Paul Broun, Jr.

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