by John E. Kovacs

Editor, "The U. S. Patriot News"

June 1, 2003
article taken from "The National Educator", September 1990, P. 9
from  Website 100777
recovered through WayBackMachine Website

Spanish version


"Most Americans, even the college educated, know next to nothing about our monetary system.


They would be surprised to know that the U. S. Treasury makes 22 cents on each quarter it mints, as it only costs 2 cents to mint this coin.


Similar profits are realized on every other coin (with the possible exception of the penny) simply because the U. S., when minting coins, is simply following its Constitutional responsibility - the government alone has the right to print or mint our money.


This right cannot be delegated any more than the right to declare war or collect taxes.

If this is how the Constitution was intended to operate, why then do we allow a private group of foreign bankers to issue our currency (which they create out of thin air) and then "loan" it to the U. S. at perpetual interest, an interest that cannot be extinguished?


Two of our Presidents asked that same question and look what happened to them.


President Lincoln dared to have the U. S. issue its own greenbacks, backed with the full faith of the government, and bypassed the central bankers, avoiding any interest payments to them. For this patriotic act he was killed by John Wilkes Booth, a Rothschilds agent and contract killer, who was later spirited away to England where he lived out his life comfortably on a pension provided by the Rothschilds bankers.


The greenbacks were immediately stopped and called in and redeemed at a ridiculous low price set by the central bankers. One point should be made here: The Rothschild bank financed the North and the Paris branch of the same bank financed the South, which is the real reason the Civil War was ignited and allowed to follow its long, and bloody course.


The more Americans that dies, the more money the Rothschild bankers made.

In our times this control of the issuance of our currency is in the illegal hands of the Federal Reserve, called the Fed, and the principal owner of the Fed's "Class A" stock is - you guessed it - the Rothschild family.


The other president brave enough to oppose the banker barons, whose worth was now in the trillions, was President John F. Kennedy.


This first Catholic president of our country enjoyed a deep-roots popularity - a charisma not enjoyed by most presidents. The Kennedy administration was so confident that it had the support of most voters that it ignored the Jewish lobby as the Kennedy brothers (John and Robert, his Attorney General) knew it was unnecessary to have the complete backing of every Jew in the U. S.

President Kennedy pledged himself to what was the best for America and cared not how the greedy bankers of the Fed felt. JFK, like Lincoln in the 1860's, dared to have the U. S. Treasury issue U.S. Dollars, not Federal Reserve notes, and placed them into circulation without paying interest to any bankers, just as spelled out in the U.S. Constitution.

This alarmed the owners of the Fed like a fifty point tremor on the Richter Scale. This must cease at once.


The Fed bankers found themselves facing an intolerable situation, one which defied them and at the same time, one which they could not publicly complain without letting the cat out of the bag. Any complaint by the Fed would put it in a very bad light. The public would soon be aware of the gigantic scam the Fed has gotten away with since 1913.


This scam allowed the Fed to avoid all income taxes and even audits.

Their response was evident at Dealy Plaza in Dallas."


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