NightBlogger

MICHAEL J. SNIFFEN
Former President Gerald Ford secretly advised the FBI that two of his fellow members on the Warren Commission doubted the FBI’s conclusion that John F. Kennedy was shot from the sixth floor of the Texas Book Depository in Dallas, according to newly released records from Mr. Ford’s FBI files. “Two members of the commission brought up the fact that they still were not convinced that the President had been shot from the sixth floor window of the Texas Book Depository,” Mr. DeLoach wrote. “These members failed to understand the trajectory of the slugs that killed the President. He stated he felt this point would be discussed further but, of course, would represent no problem.” There was no explanation of what Mr. Ford meant by “no problem.” More

On June 4, 1963, a little known attempt was made to strip the Federal Reserve Bank of its power to loan money to the government at interest. On that day President John F. Kennedy signed Executive Order No. 11110 that returned to the U.S. government the power to issue currency, without going through the Federal Reserve. Mr. Kennedy’s order gave the Treasury the power “to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury.” This meant that for every ounce of silver in the U.S. Treasury’s vault, the government could introduce new money into circulation. In all, Kennedy brought nearly $4.3 billion in U.S. notes into circulation. 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 certificates 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. More