Those are very well researched videos and you would have learned a lot in those five hours. It is easy to say that it is not important, but that video tells the history of money and the history of banking and how money is created and why banks are so extremely powerful.
The funny thing is that relates to JFK and is one of the possible motives for the JFK assassination, since he was a very brave president and he tried to limit the control of bankers over the US dollar.
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 certificats 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. Executive Order 11110 could have prevented the national debt from reaching its current level, because it would have given the government the ability to repay its debt without going to the Federal Reserve and being charged interest in order to create the new money. Executive Order 11110 gave the U.S. the ability to create its own money backed by silver.
(...)
http://www.john-f-kennedy.net/executiveorder11110.htmSo what does the above refer to? Well it turns out that the Federal Reserve isn't federal at all. It is a private bank. So who own the Federal Reserve? It turns out that ten banks control the US dollar:
* Chase Manhattan Bank, New York
* Goldman, Sachs, Bank, New York
* Israel Moses Seif Bank, Italy
* Kuhn Loeb Bank, New York
* Lehman Brothers Bank, New York
* Rothschild Bank, London
* Rothschild Bank, Berlin
* Lazard Brothers, Paris
* Warburg Bank, Amsterdam
* Warburg Bank, Hamburg
And that's a funny list of owners, because 4 out of 10 banks are American and the rest seem to be European banks. To make it even more funny it turns out that the same group of banks control the Bank of England. That's pretty cool isn't it? Two currencies. What about the Euro? Indeed the European Bank is also owned by them.
So what does that mean? It means that there is a small group of banks who controls three major currencies and the interest rates. It also means that every banknote is a loan to those bank. So a $100 bill at 2% interest means that each of the above banks get $0,20 a year. But of course there is more than $100.- in circulation so in reality those banks get billions without having to do anything.
So what did JFK do? He said no and started to create money himself and not involve the above banks. $4,300,000,000 ~ $100,000,000 interest/year. It goes without saying that Executive Order 11110 was reversed during the LBJ presidency and that the money was quietly taken out of circulation and replaced with money issued by the above banks.
Did they play a role in the JFK assassination? We don't know. What we do know is that those banks are really powerful, so they didn't mind that a president was replaced by somebody who looked after their interests. After all a couple of billion dollars a year without having to do anything, is pretty unique...
Public Domain: Work of the US Government.
Executive Order 11110 AMENDMENT OF EXECUTIVE ORDER NO. 10289
AS AMENDED, RELATING TO THE PERFORMANCE OF CERTAIN FUNCTIONS AFFECTING THE DEPARTMENT OF THE TREASURY
By virtue of the authority vested in me by section 301 of title 3 of the United States Code, it is ordered as follows:
Section 1. Executive Order No. 10289 of September 19, 1951, as amended, is hereby further amended-
By adding at the end of paragraph 1 thereof the following subparagraph (j):
(j) The authority vested in the President by paragraph (b) of section 43 of the Act of May 12,1933, as amended (31 U.S.C.821(b)), to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury not then held for redemption of any outstanding silver certificates, to prescribe the denomination of such silver certificates, and to coin standard silver dollars and subsidiary silver currency for their redemption
and --
Byrevoking subparagraphs (b) and (c) of paragraph 2 thereof.
Sec. 2. The amendments made by this Order shall not affect any act done, or any right accruing or accrued or any suit or proceeding had or commenced in any civil or criminal cause prior to the date of this Order but all such liabilities shall continue and may be enforced as if said amendments had not been made.
John F. Kennedy The White House, June 4, 1963.
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