# Presidents most against Federal Reserve? **URL:** \ **Category:** Great Debates\ **Created:** [March 30, 2017, 11:07am UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339 "2017-03-30T11:07:10Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![catweasel1](https://avatars.discourse-cdn.com/v4/letter/c/3da27b/32.png) [@catweasel1](https://boards.straightdope.com/u/catweasel1)\ **Post date:** [March 30, 2017, 11:07am UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339/1 "2017-03-30T11:07:10Z")
According to theTruthNews.info (yeah I know it seems dodgy) > **[캠핑용품 하마 - 하마의 캠핑용품 추천 블로그](https://thetruthnews.info)** > > 하마의 캠핑용품 추천 블로그 A lot of Presidents that wanted the government to print its own money were assassinated or had attempts. Then often after the assassination things go back to normal. > [@](#): > > Shortly after Lincoln’s death, the government revoked the Greenback law which ended Lincoln’s debt-free, interest-free money. > A new national banking act was enacted and all currency became interest-bearing, and notes of debt, again. > [@](#): > > At the time, nearly four billion dollars of this currency was put into circulation. This new currency was to be distributed through the U.S. Treasury and not the Federal Reserve System. > And was to be issued debt and interest free. > Upon Kennedy’s assassination, this currency was withdrawn from circulation, never to be issued again. See… Kennedy Solution There might not be any hard evidence linking the assassinations to bankers and the first link I gave might have misinformation… but at least some of their quotes would be accurate. e.g. > **[Andrew Jackson - Wikiquote](https://en.wikiquote.org/wiki/Andrew_Jackson)** “The bank, Mr. Van Buren, is trying to kill me, but I will kill it.” It is in wikiquote so perhaps it is accurate. Maybe “kill” is not literal. Have there been any presidents that very strongly wanted to stop the Federal Reserve and was able to put it into action? Another link: [http://www.servelec.net/lincoln.htm](http://www.servelec.net/lincoln.htm) BTW do people here think we need a Federal Reserve? If so, why did a lot of presidents say we shouldn’t including Abe Lincoln. ---
**Author:** ![JohnT](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnt/32/15048_2.png) [@JohnT](https://boards.straightdope.com/u/JohnT)\ **Post date:** [March 30, 2017, 11:12am UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339/2 "2017-03-30T11:12:07Z")
Federal Reserve was created in 1913. Whatever Lincoln and Jackson were talking about, it wasn’t the Federal Reserve. ---
**Author:** ![catweasel1](https://avatars.discourse-cdn.com/v4/letter/c/3da27b/32.png) [@catweasel1](https://boards.straightdope.com/u/catweasel1)\ **Post date:** [March 30, 2017, 11:14am UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339/3 "2017-03-30T11:14:18Z")
> [@JohnT](#): > > Federal Reserve was created in 1913. Whatever Lincoln and Jackson were talking about, it wasn’t the Federal Reserve. > **[캠핑용품 하마 - 하마의 캠핑용품 추천 블로그](https://thetruthnews.info)** > > 하마의 캠핑용품 추천 블로그 says: "History of the Privately owned Federal Reserve Bank. Rothschilds First Bank of the United States…1791-1811 Rothschilds Second Bank of the United States…1816-1836 Free Banking Era due to the efforts of President Andrew Jackson 1829-1837" My point is it is about debt-free money, etc. It also says: “President Lincoln needed money to finance the Civil War, and the international bankers offered him loans at 24-36% interest.” Yeah so it isn’t the Federal Reserve but some international bankers. BTW what do you think about the questions in my OP? ---
**Author:** ![JohnT](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnt/32/15048_2.png) [@JohnT](https://boards.straightdope.com/u/JohnT)\ **Post date:** [March 30, 2017, 11:27am UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339/4 "2017-03-30T11:27:17Z")
I think they are conspiracy woo. ---
**Author:** ![Jonathan\_Chance](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/jonathan_chance/32/701_2.png) [@Jonathan\_Chance](https://boards.straightdope.com/u/Jonathan_Chance)\ **Post date:** [March 30, 2017, 11:49am UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339/5 "2017-03-30T11:49:40Z")
I think this’ll get more action over in Great Debates. Let’s find out! ---
**Author:** ![JRDelirious](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/jrdelirious/32/9531_2.png) [@JRDelirious](https://boards.straightdope.com/u/JRDelirious)\ **Post date:** [March 30, 2017, 11:59am UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339/6 "2017-03-30T11:59:53Z")
_seems_ dodgy? _seems_? My answer is the same as: > [@JohnT](#): > > I think they are conspiracy woo. May I offer in evidence use of the words “Rothschilds” and “international bankers”. ---
**Author:** ![JRDelirious](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/jrdelirious/32/9531_2.png) [@JRDelirious](https://boards.straightdope.com/u/JRDelirious)\ **Post date:** [March 30, 2017, 12:14pm UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339/7 "2017-03-30T12:14:13Z")
OK, OK… there IS potentially a debate hidden in the breathless woo of the OP. To wit: What is it about an independent central bank that has rubbed some sector of American politics the wrong way ever since nearly the founding of the republic? (Though I’d be surprised if it hasn’t been debated here before) ---
**Author:** ![Dr.Crap](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dr.crap/32/3131_2.png) [@Dr.Crap](https://boards.straightdope.com/u/Dr.Crap)\ **Post date:** [March 30, 2017, 12:33pm UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339/8 "2017-03-30T12:33:48Z")
It is indeed true that the Rothschilds control all but a few of the world’s central banks. That’s why the greatest President to oppose the Fed was actually Hugo Chavez. ---
**Author:** ![septimus](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/septimus/32/410_2.png) [@septimus](https://boards.straightdope.com/u/septimus)\ **Post date:** [March 30, 2017, 1:24pm UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339/9 "2017-03-30T13:24:52Z")
While interest-free, Lincoln’s Greenbacks were not “debt-free” — there was an implied promise (“debt”), _eventually fulfilled_, to pay the notes at face value in gold. > [@catweasel1](#): > > Rothschilds First Bank of the United States…1791-1811 > Rothschilds Second Bank of the United States…1816-1836 This is interesting! Do you have a good citation? One of Google’s top hits is [QUOTE=[http://modernhistoryproject.org](http://modernhistoryproject.org)] Nathan Rothschild … then ordered British troops to “teach these impudent Americans a lesson. Bring them back to Colonial status.” This brought on the War of 1812, … On May 10, 1816, President James Madison signed the Bill which created the second Bank of the United States… The bank was run by the Illuminati, … [/QUOTE] I’ll ask the Board’s historians to comment. ---
**Author:** ![Ann\_Hedonia](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/ann_hedonia/32/319_2.png) [@Ann\_Hedonia](https://boards.straightdope.com/u/Ann_Hedonia)\ **Post date:** [March 30, 2017, 1:51pm UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339/10 "2017-03-30T13:51:19Z")
> [@Dr.Crap](#): > > It is indeed true that the Rothschilds control all but a few of the world’s central banks. That’s why the greatest President to oppose the Fed was actually Hugo Chavez. Great username / post combo!! ---
**Author:** ![DrCube](https://avatars.discourse-cdn.com/v4/letter/d/a3d4f5/32.png) [@DrCube](https://boards.straightdope.com/u/DrCube)\ **Post date:** [March 30, 2017, 2:11pm UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339/11 "2017-03-30T14:11:02Z")
You know who else thought the Rothschilds were too rich and too powerful (and also part of an evil shadow government cabal)? [That’s right, Hitler.](https://en.wikipedia.org/wiki/Rothschild_family#Austrian_branch) > [@](#): > > Nevertheless, during the Second World War they had to surrender their bank to the Nazis and flee the country. Their Rothschild palaces, a collection of vast palaces in Vienna built and owned by the family, were confiscated, plundered and destroyed by the Nazis. The palaces were famous for their sheer size and for their huge collections of paintings, armour, tapestries and statues (some of which were restored to the Rothschilds by the Austrian government in 1999). All family members escaped the Holocaust, some of them moving to the United States, and returning to Europe only after the war. In 1999, the government of Austria agreed to return to the Rothschild family some 250 art treasures looted by the Nazis and absorbed into state museums after the war. ---
**Author:** ![catweasel1](https://avatars.discourse-cdn.com/v4/letter/c/3da27b/32.png) [@catweasel1](https://boards.straightdope.com/u/catweasel1)\ **Post date:** [March 30, 2017, 10:38pm UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339/12 "2017-03-30T22:38:06Z")
> [@JRDelirious](#): > > …What is it about an independent central bank that has rubbed some sector of American politics the wrong way ever since nearly the founding of the republic? (Though I’d be surprised if it hasn’t been debated here before) Maybe them being able to set the interest rate, etc, when they want allows the banks that run the Federal Reserve to make profits? (Sorry I don’t know much about this) Though I guess the main reason is that the government doesn’t want to pay back interest for their money… ---
**Author:** ![DSYoungEsq](https://avatars.discourse-cdn.com/v4/letter/d/c6cbf5/32.png) [@DSYoungEsq](https://boards.straightdope.com/u/DSYoungEsq)\ **Post date:** [March 30, 2017, 10:45pm UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339/13 "2017-03-30T22:45:55Z")
> [@catweasel1](#): > > Maybe them being able to set the interest rate, etc, when they want allows the banks that run the Federal Reserve to make profits? (Sorry I don’t know much about this) Though I guess the main reason is that the government doesn’t want to pay back interest for their money… You should read [_America’s Bank_](https://www.amazon.com/gp/product/1594205493/ref=oh_aui_detailpage_o01_s00?ie=UTF8&psc=1). A very interesting read on the creation of the Federal Reserve, which assumes the reader knows little about how it works at the start, and which in a fairly non-biased way discusses the issues surrounding the concept of a “national bank”. ---
**Author:** ![boffking](https://avatars.discourse-cdn.com/v4/letter/b/858c86/32.png) [@boffking](https://boards.straightdope.com/u/boffking)\ **Post date:** [March 30, 2017, 10:46pm UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339/14 "2017-03-30T22:46:44Z")
Which Presidents have **not** had assasination attempts against them? ---
**Author:** ![Little\_Nemo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/little_nemo/32/3120_2.png) [@Little\_Nemo](https://boards.straightdope.com/u/Little_Nemo)\ **Post date:** [March 30, 2017, 11:29pm UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339/15 "2017-03-30T23:29:48Z")
> [@boffking](#): > > Which Presidents have **not** had assasination attempts against them? From what I can find, Eisenhower was the most recent President who didn’t have an assassination attempt made against him (although the Germans tried to assassinate him during WWII). ---
**Author:** ![samclem](https://avatars.discourse-cdn.com/v4/letter/s/a9a28c/32.png) [@samclem](https://boards.straightdope.com/u/samclem)\ **Post date:** [March 31, 2017, 1:03am UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339/16 "2017-03-31T01:03:55Z")
> [@Little\_Nemo](#): > > From what I can find, Eisenhower was the most recent President who didn’t have an assassination attempt made against him (although the Germans tried to assassinate him during WWII). Who tried to kill Carter? The rabbit? ---
**Author:** ![Little\_Nemo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/little_nemo/32/3120_2.png) [@Little\_Nemo](https://boards.straightdope.com/u/Little_Nemo)\ **Post date:** [March 31, 2017, 2:33am UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339/17 "2017-03-31T02:33:25Z")
> [@samclem](#): > > Who tried to kill Carter? The rabbit? John Hinckley originally planned on assassinating Carter. He followed Carter around the country during his 1980 re-election campaign and even went to one of Carter’s events with a gun. But he got nervous and left. He ran out of money and ended up postponing his assassination plans until after Reagan’s inauguration. There was also Raymond Lee Harvey. He was arrested at a Carter event in 1979 with a gun. But his gun was loaded with blanks. Harvey claimed he was part of a four man conspiracy and his role was to shoot off the blanks to draw police and secret service attention and then the real shooters would kill Carter. But Harvey was mentally ill and the investigation found no evidence that this conspiracy actually existed. ---
**Author:** ![Dr.Crap](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dr.crap/32/3131_2.png) [@Dr.Crap](https://boards.straightdope.com/u/Dr.Crap)\ **Post date:** [March 31, 2017, 5:36am UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339/18 "2017-03-31T05:36:04Z")
> [@Ann\_Hedonia](#): > > Great username / post combo!! Thank you!! It’s also true that North Korea is not successful because it opposes Rothschild control of their money supply. That makes a lot of sense because real experts never put their findings behind a paywall – they accept small donations via bitcoin. ---
**Author:** ![catweasel1](https://avatars.discourse-cdn.com/v4/letter/c/3da27b/32.png) [@catweasel1](https://boards.straightdope.com/u/catweasel1)\ **Post date:** [March 31, 2017, 6:43am UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339/19 "2017-03-31T06:43:56Z")
> [@DSYoungEsq](#): > > You should read [_America’s Bank_](https://www.amazon.com/gp/product/1594205493/ref=oh_aui_detailpage_o01_s00?ie=UTF8&psc=1). A very interesting read on the creation of the Federal Reserve, which assumes the reader knows little about how it works at the start, and which in a fairly non-biased way discusses the issues surrounding the concept of a “national bank”. I looked at the editorial reviews… the book seems to be just saying how good the Federal Reserve is. Like I quoted in the OP, Kennedy was responsible for "nearly four billion dollars of this currency was put into circulation. This new currency was to be distributed through the U.S. Treasury and not the Federal Reserve System. " I wonder if they mentioned people like Kennedy in the book. One review said “The Federal Reserve is one of the most controversial government organizations. Many fear its powers; fewer actually understand them.” Apparently the Federal Reserve is privately owned and according to this dodgy site, > **[캠핑용품 하마 - 하마의 캠핑용품 추천 블로그](https://thetruthnews.info)** > > 하마의 캠핑용품 추천 블로그 > [@](#): > > The Primary Owners of the Federal Reserve Bank Are: > > 1. Rothschild’s of London and Berlin > 2. Lazard Brothers of Paris > 3. Israel Moses Seaf of Italy > 4. Kuhn, Loeb & Co. of Germany and New York > 5. Warburg & Company of Hamburg, Germany > 6. Lehman Brothers of New York > 7. Goldman, Sachs of New York > 8. Rockefeller Brothers of New York On the other hand the Reserve Bank of Australia seems to be a good idea due to it allowing financial stability: > **[Role of the Reserve Bank in Maintaining Financial Stability](https://www.rba.gov.au/fin-stability/reg-framework/role-of-the-reserve-bank-in-maintaining-financial-stability.html)** > >   > **[About Our Role | Questions & Answers](https://www.rba.gov.au/qa/)** > > Questions & Answers about the role of the Reserve Bank of Australia “The Bank is a body corporate wholly owned by the Commonwealth of Australia” I wonder if that has something to do with the Queen or if it involves private owners? ---
**Author:** ![Budget\_Player\_Cadet](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/budget_player_cadet/32/205_2.png) [@Budget\_Player\_Cadet](https://boards.straightdope.com/u/Budget_Player_Cadet)\ **Post date:** [March 31, 2017, 6:55am UTC](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339/20 "2017-03-31T06:55:11Z")
The site is _incredibly_ dodgy, and the federal reserve is a complex organ with a _loooooot_ of conspiracy theories surrounding it. You’d be better off getting your info from… well, an actual legitimate source, probably. [Next page](https://boards.straightdope.com/t/presidents-most-against-federal-reserve/783339.md?page=2)