Thursday, August 23, 2012

2 great presidents - 1 damning parallel

What do 16th and 35th have in common? Four things:

1. They were both the greatest of U.S. presidents.

2. They both saw that the private banking system of their times would eventually bankrupt the country they have vowed to protect.

3. They both refused to submit to its power and did something about it.

4. They were both assassinated.

Let me start from the present. Today, the U.S. national debt, owed to the "Federal Reserve", which represents the private banking system beyond the bounds of the U.S. government, towers over $15 trillion, or >$15,000 billion, or >$15,000,000 million. The interest alone cost the U.S. almost $500 billion in 2011, or $500,000 million, or $1,700 per US citizen.

Look forward but a few years, and the meaningless "debt ceiling" will have been elevated yet once again, and the national debt will have burgeoned to $30 trillion, and the interest will have risen to $1 trillion for that year, or $1,000 billion, or $1,000,000 million, or $3,000 per American.

The irrepayable debt notwithstanding, the crushing interest-load itself will drive America into either or both of two appalling outcomes: hyperinflation which will reduce the dollar-value to next to nothing, and/or default on the debt and declare national bankruptcy.

Abraham Lincoln, the 16th president, foresaw this from way back in the 1860s, thus saying, “I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. Corporations have been enthroned, an era of corruption will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people, until the wealth is aggregated in a few hands, and the republic destroyed.”

His action was to bypass the interest-charging external banks and created 450-million-dollars'-worth in "Greenbacks" to fund his war effort, and charged his country not a cent of interest. He believed that only by creating for itself the power to grant interest-free loans can the nation have long-term prosperity. “... (we) gave the people of this Republic the greatest blessing they have ever had – their own money to pay their own debts...," he said.

Subsequent calculations have concluded upon $4 billion in interest had the loan been obtained from external sources.

Shortly afterwards, he was assassinated, and the "Greenbacks", like the EV-1 electric car, were recalled and destroyed.

A century later, the 35th president John F. Kennedy saw the same and did the same thing. On June 4, 1963, he issued over $4 billion of the government's own interest-free money, undermining the power of the private banks of the "Federal Reserve", rendering them impotent and infuriated. On November 22 same year, he was assassinated.

On November 23, all the government notes, which Kennedy had issued, were called out of circulation.

Anthony Marr, Founder and President
Heal Our Planet Earth (HOPE)
Global Anti-Hunting Coalition (GAHC)

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