THE HISTORY YOU WERE NEVER TAUGHT IN “SCHOOL” ABOUT JFK
Described by economist Seymour Harris as “by far the most knowl-
edgeable President of all time in the general area of economics,” Kennedy
quickly launched a variety of sweeping initiatives to increase both the
human and technological potential of the nation. “What he [tried] to do
with everything from global investment patterns to tax breaks for indi-
viduals was to reshape laws and policies so that the power of property and
the search for profit would not end up destroying rather then creating eco-
nomic prosperity for the country,” explained Gibson.
Kennedy revealed his animosity toward business titans in the spring
of 1962 when he forced the major U.S. steel companies to rescind price
increases. An agreement not to raise prices in exchange for labor con-
cessions had been suddenly reversed after wage increases had been put
on hold. Angered by this betrayal, Kennedy ordered his brother, Attor-
ney General Robert Kennedy, to launch a price-fixing investigation,
threatened the cancellation of steel contracts by the Defense Depart-
ment and told the American public that the action by steel was unjusti-
fiable and irresponsible. The steel companies, led by United States Steel,
Viewing the steel executives’ actions as an attack on his entire proposed
economic program, Kennedy told newsmen, “In my opinion, if the rise in
prices had been permitted to stand, it would have been extremely difficult
to secure passage of the legislation.” It should be noted that board mem-
bers of U.S. Steel, long controlled by Morgan interests, included many
members of the CFR and other powerful institutions.
Kennedy’s comptroller of the currency, James J. Saxon, grew increasinglyat odds with the powerful Federal Reserve Board by encouraging broader investment and lending powers for non-Fed banks. Saxon also decided that such banks could underwrite state and local obligation bonds, further weakening the dominant Federal Reserve banks. In June 1963 Kennedy took the ultimate step against the Fed by autho-rizing the issuance of more than $4 billion in “United States Notes”
through the U.S. Treasury, not the Federal Reserve.
“Kennedy apparently reasoned that by returning to the Constitution, which states that only Congress shall coin and regulate money, the soaring national debt could be reduced by not paying interest to the bankers of the Federal Reserve System, who print paper money then loan it to the government at inter- est,” noted one conspiracy author. In his attempt to level the economic playing field, Kennedy took a wide variety of actions, all of which deepened the animosity of Wall Street. As documented by author Gibson, these included:
—offering tax proposals to redirect the foreign investments of U.S.
companies —making distinctions in tax reform between productive and non- productive investment
—eliminating the tax privileges of U.S-based global investment companies
—cracking down on foreign tax havens —supporting proposals to eliminate tax privileges for the wealthy
—proposing increased taxes for large oil and mineral companies —revising the investment tax credit
—making a proposal to expand the powers of the president to deal with recession
Kennedy’s economic policies and proposals were publicly attacked
by Fortune magazine editor Charles J. V. Murphy, New York governor
Nelson Rockefeller, David Rockefeller, and the editors of the Wall
Kennedy’s own Treasury Secretary, CFR member Douglas Dillon, voiced agreement with David Rockefeller in his opposition
to the president’s policies in 1962, and by 1965 had joined Rockefeller
in creating a formal group to promote the war in Vietnam.
In foreign policy, Kennedy displayed marked antagonism toward both
colonialism (open control over a country’s political and economic life)
and neocolonialism (covert control). “Kennedy’s support for economic
development and Third World nationalism and his tolerance for govern-
ment economic planning, even when it involved expropriation of prop-
erty owned by interests in the U.S., all led to conflicts between Kennedy
and elites within both the U.S. and foreign nations,” wrote author and researcher Donald Gibson.
Continue reading at page 130 at the following PDF link here
The information above was taken from the amazingly informative and educational book on the real history behind the world and it’s events, called “Rule by Secrecy“, by Jim Marrs