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448 JFK’s Greenbacks [351]<br />

Perhaps the best example of how misguided this theory really is (and<br />

how the theory itself is based on a misunderstanding of just what precisely<br />

constitutes the thinking of the "right wing" in America) can be found in<br />

Walt Brown's informative book, Treachery in Dallas, one of the better of<br />

the more recent efforts to understand the JFK puzzle.<br />

THE 'RIGHT WING' AND THE FEDERAL RESERVE<br />

Although Brown appears to be quite sincere and is surely not trying to<br />

circulate disinformation, he pinpoints a "right wing" motive for the<br />

assassination of President Kennedy that just simply is not a motive for the<br />

"right wing." Brown delves into the sticky question of JFK's stance in<br />

relationship to the privately-owned money monopoly known as the Federal<br />

Reserve System and rehashes the popular myth that we've dissected above.<br />

In Treachery in Dallas Brown writes: "When 'U.S. Notes' appear in<br />

1962, they cost big business, as well as banking interests, a great deal of<br />

money because the government, not the banks, had become the brokering<br />

agent. Those 'U.S. Notes' disappeared, after November 22, as suddenly as<br />

they had appeared." 892 He adds further:<br />

"`Big money' interests in the United States took serious notice of the<br />

fact that Kennedy saw to the beginning of the issuance of 'U.S. Notes,'<br />

currency that was introduced into our economy as need arose by, of all<br />

groups, the U.S. Treasury, the group constitutionally obligated to do so.<br />

Other moneys were 'brokered' into the system by the Federal Reserve, of<br />

which there is no mention in the Constitution, which is silent on private<br />

corporations controlling the issuance of American currency." 893<br />

While Brown's basic analysis of the basic way the Fed works is on the<br />

mark (but factually incorrect as far as the actual details of the reason why the<br />

U.S. Notes were issued) Brown makes an egregious mistake when he cites<br />

the issuance of U.S. Notes as part of his evidence of a "right wing" motive<br />

for wanting John F. Kennedy removed from the White House.<br />

The fact is that Brown's perception of what constitutes "right wing"<br />

versus "left wing" (or any wing, for that matter) in American politics is<br />

obviously off base, for if Brown did any semblance of investigating, he<br />

would find that it is the American "right wing" that has been so<br />

vociferously critical of the Federal Reserve System.<br />

With a few rare exceptions, such as two Texas populists of the left—<br />

Rep. Wright Patman and Rep. Henry Gonzalez—and Rep. Jerry Voorhis,<br />

the California Democrat whom Richard Nixon defeated for reelection to the<br />

House of Representatives, the fiercest and most vocal critics of the Federal<br />

Reserve and its money manipulation have been "right wing" populists,<br />

ranging from Father Charles Coughlin, the radio priest of the 1930’s to<br />

Col. James "Bo" Gritz, the widely-decorated Vietnam War hero who ran for<br />

president as an independent candidate in the 1992 election. Gritz himself<br />

claimed that the first thing he would do when elected president would be to<br />

re-instate JFK's executive order issuing U.S. Notes into the economy. But, as<br />

we have seen, there was no such executive order.

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