I more or less believed this growing up but I think it’s largely been debunked by the Mises guys. And of all people, they’d have the most reason to wish this to be true. 
Here’s Tom Woods, a Harvard-educated historian and a Mises guy, on the Fed-JFK myth:

I run into this claim quite a lot. A lot of the people advancing it are fans of G. Edward Griffin, and this is why I find it so odd that this theory has gained so much traction. Griffin discounts the theory in his excellent book The Creature from Jekyll Island. More on that in a minute.
There seems to be a desire among some end-the-Fed people to believe that we’ve had a few good presidents who have tried to stand up for the people but were tragically stopped by the bankers. Thus we hear this fake quotation, attributed to Woodrow Wilson, quite a bit: “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”
The first two sentences of this quotation are entirely fabricated. The rest come from a book Wilson published in 1913, before the Fed was even created. Yet the quotation is routinely given as evidence that Wilson regretted creating the Fed. He didn’t. He was proud of it.
Then there’s this Jefferson quotation that a lot of Greenbackers use: “If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.”
Now look, there are plenty of anti-national bank quotations one can find from American statesmen, so why use a fake one? I suspect the answer is that this fake quotation goes after the “private banks,” which Greenbackers oppose. So now Jefferson is made to look like someone who wants the government, not the “private banks,” issuing the paper money. But Jefferson was a hard-money man to the end, calling for the retirement of all paper money and its replacement with specie, and writing the introduction to the English translation of Destutt de Tracy’s hard-money treatise.
Now back to JFK. The idea that a scion of the Eastern establishment would take aim at the Federal Reserve is preposterous, but people want to believe it. I wish they would instead understand that there were no great presidents who were snookered by the bankers, etc. They’re all part of the same racket.
Here’sG. Edward Griffin on JFK, who was not doing anything to undermine the Fed. Kennedy was quite pleased about the expansionary Fed policy of the 1960s, as a matter of fact.

So, there’s that. 

I more or less believed this growing up but I think it’s largely been debunked by the Mises guys. And of all people, they’d have the most reason to wish this to be true. 

Here’s Tom Woods, a Harvard-educated historian and a Mises guy, on the Fed-JFK myth:

I run into this claim quite a lot. A lot of the people advancing it are fans of G. Edward Griffin, and this is why I find it so odd that this theory has gained so much traction. Griffin discounts the theory in his excellent book The Creature from Jekyll Island. More on that in a minute.

There seems to be a desire among some end-the-Fed people to believe that we’ve had a few good presidents who have tried to stand up for the people but were tragically stopped by the bankers. Thus we hear this fake quotation, attributed to Woodrow Wilson, quite a bit: “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”

The first two sentences of this quotation are entirely fabricated. The rest come from a book Wilson published in 1913, before the Fed was even created. Yet the quotation is routinely given as evidence that Wilson regretted creating the Fed. He didn’t. He was proud of it.

Then there’s this Jefferson quotation that a lot of Greenbackers use: “If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.”

Now look, there are plenty of anti-national bank quotations one can find from American statesmen, so why use a fake one? I suspect the answer is that this fake quotation goes after the “private banks,” which Greenbackers oppose. So now Jefferson is made to look like someone who wants the government, not the “private banks,” issuing the paper money. But Jefferson was a hard-money man to the end, calling for the retirement of all paper money and its replacement with specie, and writing the introduction to the English translation of Destutt de Tracy’s hard-money treatise.

Now back to JFK. The idea that a scion of the Eastern establishment would take aim at the Federal Reserve is preposterous, but people want to believe it. I wish they would instead understand that there were no great presidents who were snookered by the bankers, etc. They’re all part of the same racket.

Here’sG. Edward Griffin on JFK, who was not doing anything to undermine the Fed. Kennedy was quite pleased about the expansionary Fed policy of the 1960s, as a matter of fact.

So, there’s that. 

(via priceofliberty)

finepoints:

Obama vs. JFK on taxes

sugashane:

“By calling attention to ‘a well regulated militia’, the ’security’ of the nation, and the right of each citizen ‘to keep and bear arms’, our founding fathers recognized the essentially civilian nature of our economy. Although it is extremely unlikely that the fears of governmental tyranny which gave rise to the Second Amendment will ever be a major danger to our nation, the Amendment still remains an important declaration of our basic civilian-military relationships, in which every citizen must be ready to participate in the defense of his country. For that reason, I believe the Second Amendment will always be important.”John F. Kennedy, April 1960
JFK was pro-guns, cut taxes, tried to restore sound money and wanted to tell the public about the Federal Reserve. There is no way he’d even be nominated as a candidate let alone win the Presidency in 2012.
We’ve completely lost our way. Our moral compass is broken and our common sense and logic have been replaced by brand recognition and gov’t mandates. The media has become pure propaganda, schools no longer teach, votes no longer count and leaders are not the ones leading us anymore. Our money went from gold to paper and is now turning digital. It’s not even tangible anymore. We don’t even eat real food anymore. 
Where are we? How did we get here and how do we get home? Are we stranded without a paddle or did we simply get complacent and stop paddling.
Did we stop and stare at the beautiful sunset for so long that the light of day disappeared and we were left in the dark? Can we rescue ourselves or is it too late? 
I fear the latter but have hope for the prior. All I can do is pick up my own oar and row, but alone, I’ll only go in circles. Without others jumping in, i’ll grow tired or insane. This isn’t a task for one man but a journey for all men. 
@Suga_Shane

I wrote this a little while back, but it’s perfect for current events. 

sugashane:

“By calling attention to ‘a well regulated militia’, the ’security’ of the nation, and the right of each citizen ‘to keep and bear arms’, our founding fathers recognized the essentially civilian nature of our economy. Although it is extremely unlikely that the fears of governmental tyranny which gave rise to the Second Amendment will ever be a major danger to our nation, the Amendment still remains an important declaration of our basic civilian-military relationships, in which every citizen must be ready to participate in the defense of his country. For that reason, I believe the Second Amendment will always be important.”

John F. Kennedy, April 1960

JFK was pro-guns, cut taxes, tried to restore sound money and wanted to tell the public about the Federal Reserve. There is no way he’d even be nominated as a candidate let alone win the Presidency in 2012.

We’ve completely lost our way. Our moral compass is broken and our common sense and logic have been replaced by brand recognition and gov’t mandates. The media has become pure propaganda, schools no longer teach, votes no longer count and leaders are not the ones leading us anymore. Our money went from gold to paper and is now turning digital. It’s not even tangible anymore. We don’t even eat real food anymore. 

Where are we? How did we get here and how do we get home? Are we stranded without a paddle or did we simply get complacent and stop paddling.

Did we stop and stare at the beautiful sunset for so long that the light of day disappeared and we were left in the dark? Can we rescue ourselves or is it too late? 

I fear the latter but have hope for the prior. All I can do is pick up my own oar and row, but alone, I’ll only go in circles. Without others jumping in, i’ll grow tired or insane. This isn’t a task for one man but a journey for all men. 

@Suga_Shane

I wrote this a little while back, but it’s perfect for current events. 

manofliberty:

Jackson was opposed to centralized banking as well and he survived an attempted assassination O.O

Tom Woods already debunked the “JFK tried to end the Fed” myth. Besides, if anyone wanted to kill JFK, it was the CIA. (Google: George Bush killed JFK). It was no secret that JFK and the CIA had an on going war that even became public.
As for Honest Abe, the “Fed”, as we know it, didn’t even exist back then. Still, Lincoln was very pro-central banking. Thomas J. DiLorenzo has a great post about this very topic: Lincoln, Gold and Greenbacks. As for who killed Lincoln? It was probably one of the multiple states he had just waged war with…
It’s the age of the internet, where every single bit of information ever created or recorded by man is available with a keystroke, yet we still have so many myths flying around as facts. 
- Sha

manofliberty:

Jackson was opposed to centralized banking as well and he survived an attempted assassination O.O

Tom Woods already debunked the “JFK tried to end the Fed” myth. Besides, if anyone wanted to kill JFK, it was the CIA. (Google: George Bush killed JFK). It was no secret that JFK and the CIA had an on going war that even became public.

As for Honest Abe, the “Fed”, as we know it, didn’t even exist back then. Still, Lincoln was very pro-central banking. Thomas J. DiLorenzo has a great post about this very topic: Lincoln, Gold and Greenbacks. As for who killed Lincoln? It was probably one of the multiple states he had just waged war with…

It’s the age of the internet, where every single bit of information ever created or recorded by man is available with a keystroke, yet we still have so many myths flying around as facts. 

- Sha

(via theonecalledbiz)

winstonwolfe:

“Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.” ~ J.F.K.

winstonwolfe:

“Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.” ~ J.F.K.

"By calling attention to ‘a well regulated militia’, the ’security’ of the nation, and the right of each citizen ‘to keep and bear arms’, our founding fathers recognized the essentially civilian nature of our economy. Although it is extremely unlikely that the fears of governmental tyranny which gave rise to the Second Amendment will ever be a major danger to our nation, the Amendment still remains an important declaration of our basic civilian-military relationships, in which every citizen must be ready to participate in the defense of his country. For that reason, I believe the Second Amendment will always be important."John F. Kennedy, April 1960
JFK was pro-guns, cut taxes, tried to restore sound money and wanted to tell the public about the Federal Reserve. There is no way he’d even be nominated as a candidate let alone win the Presidency in 2012.
We’ve completely lost our way. Our moral compass is broken and our common sense and logic have been replaced by brand recognition and gov’t mandates. The media has become pure propaganda, schools no longer teach, votes no longer count and leaders are not the ones leading us anymore. Our money went from gold to paper and is now turning digital. It’s not even tangible anymore. We don’t even eat real food anymore. 
Where are we? How did we get here and how do we get home? Are we stranded without a paddle or did we simply get complacent and stop paddling.
Did we stop and stare at the beautiful sunset for so long that the light of day disappeared and we were left in the dark? Can we rescue ourselves or is it too late? 
I fear the latter but have hope for the prior. All I can do is pick up my own oar and row, but alone, I’ll only go in circles. Without others jumping in, i’ll grow tired or insane. This isn’t a task for one man but a journey for all men. 
@Suga_Shane

"By calling attention to ‘a well regulated militia’, the ’security’ of the nation, and the right of each citizen ‘to keep and bear arms’, our founding fathers recognized the essentially civilian nature of our economy. Although it is extremely unlikely that the fears of governmental tyranny which gave rise to the Second Amendment will ever be a major danger to our nation, the Amendment still remains an important declaration of our basic civilian-military relationships, in which every citizen must be ready to participate in the defense of his country. For that reason, I believe the Second Amendment will always be important."

John F. Kennedy, April 1960

JFK was pro-guns, cut taxes, tried to restore sound money and wanted to tell the public about the Federal Reserve. There is no way he’d even be nominated as a candidate let alone win the Presidency in 2012.

We’ve completely lost our way. Our moral compass is broken and our common sense and logic have been replaced by brand recognition and gov’t mandates. The media has become pure propaganda, schools no longer teach, votes no longer count and leaders are not the ones leading us anymore. Our money went from gold to paper and is now turning digital. It’s not even tangible anymore. We don’t even eat real food anymore. 

Where are we? How did we get here and how do we get home? Are we stranded without a paddle or did we simply get complacent and stop paddling.

Did we stop and stare at the beautiful sunset for so long that the light of day disappeared and we were left in the dark? Can we rescue ourselves or is it too late? 

I fear the latter but have hope for the prior. All I can do is pick up my own oar and row, but alone, I’ll only go in circles. Without others jumping in, i’ll grow tired or insane. This isn’t a task for one man but a journey for all men. 

@Suga_Shane

(via thevuas)

Those who make peaceful revolution impossible will make violent revolution inevitable. — John Fitzgerald Kennedy
Too cool for school. #JFK

Too cool for school. #JFK

(via alookintomymind)