Much has been written and circulated on Youtube that JFK was murdered by the Banksters because he issued Executive Order 11110 on 6/4/63. The conspiracy theorists theorize that JFK intended to reign in the powers of the Federal Reserve with the signing of EO 11110. This premise is absolutely not true. The real truth of EO 11110 is clearly documented by G. Edward Griffin in his extraordinary masterpiece on the Federal Reserve and central banks titled The Creature From Jekyll Island, a must read book for students of the Federal Reserve and central banking. Griffin writes:
“In 1981, a rumor was circulated that President Kennedy had been assassinated by agents of the hidden money power because he had signed Executive Order #11110 instructing the Treasury to print more than $4 billion in United States Notes…According to the rumor, the bankers were furious because they would lose interest payments on the money supply. When the Order was tracked down, however, it involved Silver certificates, not United States Notes…But there is no interest paid on Silver Certificates either, so the rumor held up on that point. There was a third point, however, which everyone seemed to overlook. The Executive Order did not instruct the Treasury to issue Silver Certificates. It merely authorized it to do so if the occasion should arise. The occasion never arose. The last issuance of Silver Certificates was in 1957, and that was six years before the Kennedy executive order. In 1987, the order was rescinded by Executive Order 12608 signed by President Reagan.
The government did print some U.S. Notes in 1963, but these were in response to an 1868 act of Congress which directed the Treasury to maintain the amount of U.S. Notes outstanding at a fixed level. That required worn or damaged specimens of older Notes to be replaced by new ones. Some of these new Notes did get into circulation but were quickly snapped up by private collectors. They never became a significant part of the money supply and were not intended to. This printing was not ordered by JFK and, in fact, there was no reason for him even to have had knowledge of it”.
Griffin goes on to document that JFK was a Fabian socialist educated at the London School of Economics who indeed advocated for socialism and the redistribution of weath. In an address at the annual meeting of the IMF/World Bank, JFK said:
“Twenty years ago, when the architects of these institutions met to design an international banking structure….Sixty per cent of the gold reserves of the world were here in the United States…There was a need for redistribution of the financial resources of the world…And there was an equal need to organize a flow of capital to the impoverished countries of the world. All this has come about. It did not come about by chance but by conscious and deliberate and responsible planning”. (Page 109 in The Creature).
What is crystal clear is that JFK absolute did endorse central banks and their sister organizations (IMF and World Bank) for the sole purpose of redistributing wealth. Wealth is never redistributed from the wealthy to the poor; it’s always redistributed from the poor and middle class to the wealthy. That’s the primary purpose of central banks – to make the rich ruling families richer and to concentrate all wealth and power at the expense of liberty and free markets for the masses. What meager distribution of wealth to the poor that does occur in the name of socialism is always a few crumbs that are tossed to the masses in a phony display of compassion. It’s more like a vision of feudal overlords feasting at the table and then tossing the bones and crumbs at the skeletal and impoverished serfs.
Personally, I greatly admire JFK on several issues, especially his abhorrence of war and the military industrial complex. Moreover, I highly recommend the book “JFK and the Unspeakable, Why He Died and Why it Matters” by James Douglass. Douglass does an outstanding job of meticulously documenting his murder and the deadly foreign policy of empire that is a disease eating away at American liberty and prosperity. What is true is that JFK was murdered in a coup d’etat and Douglass says “We have no evidence as to who in the military-industrial complex may have given the order to assassinate President Kennedy. That the order was carried out by the Central Intelligence Agency is obvious. The CIA’s fingerprints are all over the crime and the events leading up to it.”
Finally, any study of JFK’s presidency discloses that he was faced with one crisis after another – the Bay of Pigs, the Cuban Missile Crisis, Vietnam and domestic issues like civil rights. Monetary policy and the Federal Reserve were definitely not on the agenda or even an issue of concern except in the context of endorsing global governance institutions like the UN, IMF and World Bank and their totalitarian agendas.
Although the creation of the Federal Reserve in 1913 enabled wars and government power grabs, the fact that the dollar was pegged to gold functioned as a restraint on ‘Banksters and Government Gone Wild”. It took an Executive Order signed by Republican Richard Nixon in 1971 to de-tether the dollar from gold and permanently render it a worthless fiat paper currency 8 years after JFK’s murder.
It was Nixon who delivered the death blow to the dollar. It’s probably true that JFK would have done the same thing.