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Bernanke Blasts Lew's $10 Bill Woman-ification

Tyler Durden's picture




 

Authored by Ben Bernanke via The Brookings Institute,

I must admit I was appalled to hear of Treasury Secretary Jack Lew's decision last week to demote Alexander Hamilton from his featured position on the ten dollar bill. My reaction has been widely shared, see for example here, here, here, here, and here.

Hamilton, the first Secretary of the Treasury, would qualify as among the greatest of our founders for his contributions to achieving American independence and creating the Constitution alone. In addition to those accomplishments, however, Hamilton was without doubt the best and most foresighted economic policymaker in U.S. history. As detailed in Ron Chernow's excellent biography, as Treasury Secretary Hamilton put in place the institutional basis for the modern U.S. economy. Critically, he helped put U.S. government finances on a sound footing, consolidating the debts of the states and setting up a strong federal fiscal system. The importance of Hamilton's achievement can be judged by the problems that the combination of uncoordinated national fiscal policies and a single currency has caused the Eurozone in recent years. Reflecting on those parallels, as Fed chairman I recommended Chernow's biography to Mario Draghi, the president of the European Central Bank. Mario told me that he read it with great interest.

Hamilton also played a leading role in creating U.S. monetary and financial institutions. He founded the nation's first major bank, the Bank of New York; and, as Chernow points out, Hamilton's 1791 Report on the Mint set the basis for U.S. currency arrangements, which makes his demotion from the ten dollar bill all the more ironic. Importantly, over the objections of Thomas Jefferson and James Madison, Hamilton also oversaw the chartering in 1791 of the First Bank of the United States, which was to serve as a central bank and would be a precursor of the Federal Reserve System.

In the nineteenth century, a principal public role of central banks was to control banking panics, as the Bank of England would do quite successfully. Unfortunately, in large part because of populist opposition, neither the First Bank of the United States nor its successor, the Second Bank of the United States, would have their charters renewed. President Andrew Jackson led the opposition to the Second Bank, vetoing a bill passed by Congress to continue its operations. The expiration of the Second Bank's charter in 1836 likely worsened the very severe Panic of 1837, which was followed by a prolonged economic depression. The United States would go on to suffer numerous banking panics that would hamper its economic and financial development over the rest of the century.

Hamilton's demotion is intended to make room to honor a deserving woman on the face of our currency. That's a fine idea, but it shouldn't come at Hamilton's expense. As many have pointed out, a better solution is available: Replace Andrew Jackson, a man of many unattractive qualities and a poor president, on the twenty dollar bill. Given his views on central banking, Jackson would probably be fine with having his image dropped from a Federal Reserve note. Another, less attractive, possibility is to circulate two versions of the ten dollar bill, one of which continues to feature Hamilton.

I was in government long enough to know that decisions like this have considerable bureaucratic inertia and are accordingly hard to reverse. But the Treasury Department should do everything within its power to defend the honor of Jack Lew's most illustrious predecessor.

*  *  *

So.. keep Hamilton (pro-Fed) but dump Jackson (anti-Fed)...

Did Bernanke just become the internet's biggest troll? Of course, Bernanke has already reserved the $100 trillion bill for his own omnipotent likeliness.

 

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Mon, 06/22/2015 - 12:04 | 6222029 DRT RD
DRT RD's picture

What is wrong with the Monoply man?

Mon, 06/22/2015 - 12:05 | 6222035 synergize
synergize's picture

Hmmmm I like this Andrew Jackson fellow a lot more now...

Mon, 06/22/2015 - 12:06 | 6222037 Publicus
Publicus's picture

They should put Disney characters on the bills.

Mon, 06/22/2015 - 12:08 | 6222050 The Juggernaut
The Juggernaut's picture

These guys should be on the fiat... just to remind everyone: http://www.geke.us/images/Austrian.jpg

Mon, 06/22/2015 - 12:18 | 6222088 pods
pods's picture

A Jewish banker doesn't like Andrew Jackson?

<surprised look>

pods

Mon, 06/22/2015 - 12:28 | 6222127 THE 4th Quadrant
THE 4th Quadrant's picture

Move over Jackson, Pamela Geller should be on that bill.

Mon, 06/22/2015 - 12:33 | 6222146 pods
pods's picture

Put White Chocolate on it.

She's not really black, and it's not really money.

pods

Mon, 06/22/2015 - 12:41 | 6222179 Dame Ednas Possum
Dame Ednas Possum's picture

Krusty the Clown

Mon, 06/22/2015 - 12:46 | 6222209 GeorgeWKush
GeorgeWKush's picture

or Moe Szyslak

Mon, 06/22/2015 - 12:54 | 6222244 THE 4th Quadrant
THE 4th Quadrant's picture

There is nothing more American than a jew fighting a Muslim. Geller.

Mon, 06/22/2015 - 12:56 | 6222258 Pinto Currency
Pinto Currency's picture

Bernank is mad at Andrew Jackson because paper money works so well, doesn't allow central bankers to blow bubbles, and doesn't impoverish and collapse the nation.

Andrew Jackson sure was a bad, bad man.

Mon, 06/22/2015 - 13:27 | 6222387 whotookmyalias
whotookmyalias's picture

It's not like it matters who is on this stuff anymore.  Especially when getting your picture on currency will soon be exactly the same as getting a job at the secret service - diversity over qualifications.

Mon, 06/22/2015 - 13:34 | 6222418 ATM
ATM's picture

Put a picture of Mohammed on the $10.

Mon, 06/22/2015 - 13:58 | 6222515 Captain Debtcrash
Captain Debtcrash's picture

Of course the only president to stand up to the central bankers and pay off the national debt is hated by Bernanke.  Explained here.

Mon, 06/22/2015 - 14:42 | 6222683 Pinto Currency
Pinto Currency's picture

 

 

BTW - put Ayn Rand on the $10 bill just to complete the irony of having Andew Jackson on an FRN.

Mon, 06/22/2015 - 15:13 | 6222826 MonetaryApostate
MonetaryApostate's picture

I'm thinking Yellen, because she'll save the economy right?

 

/end sarc...

 

Mon, 06/22/2015 - 12:57 | 6222250 Pinto Currency
Pinto Currency's picture

-

Mon, 06/22/2015 - 12:36 | 6222160 TheMeatTrapper
TheMeatTrapper's picture

I named my son after Andrew Jackson. 

Mon, 06/22/2015 - 12:39 | 6222174 clade7
clade7's picture

 

 

 'Beardsly McButtonup?' 

Mon, 06/22/2015 - 12:50 | 6222220 Chief Wonder Bread
Chief Wonder Bread's picture

Good trolling, Ben Shalom our good and faithful servant!!!

Thank you, Masters!!!

Mon, 06/22/2015 - 13:11 | 6222320 Tall Tom
Tall Tom's picture

Let me understand this.

 

Ben Shalom is ridiculing Jack Lew for the "womanification" of the Ten Dollar Bill?

 

I am much more angry about Bernanke's DEVALUATION of the Ten Dollar Bill.

 

But he just does not get that.

 

I expected that to be the very first comment.

 

How many of you lack that understanding of Bernanke's BULLSHIT?

 

I do not give a damn about what dead Caesar is on the Ten Dollar Note.

 

I do not care at all for the artwork as it presently stands.

 

I care about the Goods and Services that I can trade that Note for.

Mon, 06/22/2015 - 12:20 | 6222094 BKbroiler
BKbroiler's picture

Andrew Jackson was asked shortly before dying what is greatest accomplishment was.  

"I killed the bank"

This guy should be on every bill of every denomination.

Mon, 06/22/2015 - 13:28 | 6222120 SMG
SMG's picture

Not if he had his way, he'd be on gold and silver coins and that would be the US currency as stated in the constitution.  He hated paper money.

Mon, 06/22/2015 - 12:52 | 6222230 clade7
clade7's picture

 

somebody someday will best him with:

"I killed the Bernanke"...probably Soros cardiologist...practicing..

Mon, 06/22/2015 - 12:21 | 6222096 greenskeeper carl
greenskeeper carl's picture

hahaha of course bernanke says jackson was a terrible president. He called central bankers the worst things you could call them back then, a den of vipers, and said that they were thieves feeding off the american citizenry, all of which is true. Wasn't a particularly nie fellow to the indians, but hey, no ones perfect....

 

Although I do believe that andrew jackson wouldn't even want to be on a 20 anyway. He recognized paper money and central banks for what they are, and likely wouldn't want his picture on their counterfit dollars anyway.

 

Put some fucking woman on there, I personally think 'caitln' jenner is a much better representaion of america today than anything else anyone could think of. If that doesn;t reflect how fucked and fucked up we are as a country, society, and culture, i don't know what does. Put her on there, or fucking rosa parks and her staged picture on that bus. PERFECT. 'Murica...

Mon, 06/22/2015 - 14:47 | 6222722 gammab0y
gammab0y's picture

I guess Bernanke doesn't get the joke.  Andrew Jackson is the only president to crush the bankers,  to ignore their bribes,  to survive their assassinations.   He stood up to Nicolas Biddle, and he won. 

 

Putting him on the 20 was a measure of the respect the bankers had for their deceased adversary AND simultaneously a frankly pretty intense statement of "I piss on your grave".  There is no place less honorable for a man like Andrew Jackson to be memorialized than a piece of paper currency.   The bank not only outlived him and won,  it taunts his ghost every time you use that bill. 

Mon, 06/22/2015 - 12:08 | 6222052 KnuckleDragger-X
KnuckleDragger-X's picture

Naaa, that'd be a too realistic representation of our economy......

Mon, 06/22/2015 - 12:47 | 6222211 Mountainview
Mountainview's picture

I vote for Paris Hilton.

Mon, 06/22/2015 - 14:00 | 6222528 Roanman
Roanman's picture

Swallowing.

Mon, 06/22/2015 - 15:12 | 6222829 Dr. Everett V. Scott
Dr. Everett V. Scott's picture

We already have a woman on U.S. currency:

http://m.snopes.com/wp-content/uploads/2015/06/dollar.jpg

It's still legal tender.

Mon, 06/22/2015 - 13:12 | 6222323 Kirk2NCC1701
Kirk2NCC1701's picture

The best idea for which woman's face to put on the X Note, is from my 10 y.o.: Emilia Erhahrt. 

The only thing I do agree with with the Bernank, in his article, is that TWO versions be allowed to circulate, and let People decide which 10'er they'll accept as change.

Mon, 06/22/2015 - 13:36 | 6222430 TheReplacement
TheReplacement's picture

All the more reason to replace Jackson's image.  He'd be rolling over in his grave if he knew his likeness was on a CB fiat note.

Mon, 06/22/2015 - 12:19 | 6222089 SethDealer
SethDealer's picture

Catlin jenner on the $1,   kim kardashian on the $10,  hannah montana miley cyrus on the $20,  oprah on the $50 (fiddy),  Shelian Jackson lee on the $100.. there fixed it by putting americas favorite skanks on all our useless bills!

Mon, 06/22/2015 - 12:22 | 6222099 LoneStarHog
LoneStarHog's picture

Put Hillary on the $10.00 bill.  Both have an intrinsic value of ZERO!

Mon, 06/22/2015 - 12:30 | 6222134 clade7
clade7's picture

 

 

Thats right Hog!  That way, Chucky Cheese tokens can become the new $1 coin!  The resemblance is uncanny!  money saved on making new dies and all that...just trying to help.

Mon, 06/22/2015 - 12:34 | 6222148 Bobbo
Bobbo's picture

I think she would look better on the new wooden nickel.

Mon, 06/22/2015 - 12:32 | 6222138 TrumpXVI
TrumpXVI's picture

Janet Yellen on the $500, and Michelle Obama on the $1 trillion coin.

Mon, 06/22/2015 - 12:39 | 6222173 divingengineer
divingengineer's picture

You beat me to it, I was going to say it would be reflective of the value.

Mon, 06/22/2015 - 13:01 | 6222281 Max Cynical
Max Cynical's picture

Isn't the $2 bill a more appropriate place for Caitlyn Jenner? 

Mon, 06/22/2015 - 13:13 | 6222328 Utah_Get_Me_2
Utah_Get_Me_2's picture

I think you're talking about the $3 bill..

you know that whole thing about something being 'phonier than a $3 bill'..

Mon, 06/22/2015 - 14:40 | 6222682 SofaPapa
SofaPapa's picture

Unless what he meant is that the place I have seen $2 bills used most commonly is strip clubs.  If he's suggesting that the same culture that has seen an explosion in strip clubs has also now given us the all-Caitlyn all the time, then this is an insightful comment.

Mon, 06/22/2015 - 14:56 | 6222758 Civilizedworm
Civilizedworm's picture

Nah it's the old saying "Queer as a two dollar bill" 

Mon, 06/22/2015 - 14:59 | 6222776 SofaPapa
SofaPapa's picture

Huh.  I hadn't heard that one before. Thanks for the enlightenment. 

Mon, 06/22/2015 - 15:05 | 6222799 Utah_Get_Me_2
Utah_Get_Me_2's picture

https://answers.yahoo.com/question/index?qid=1006042922936

The old saying is 'Queer as a $3 bill' and it derived from the time when the $2 was in wider circulation. Similiar to the saying about wooden nickles.

Mon, 06/22/2015 - 20:01 | 6223829 2¢Wurth
2¢Wurth's picture

Actually, the banks in the 1830-1860 time frame issued $3.00 bills.  They were printed on a sheet, usually $1, $2, $3 and $5 per sheet.  When the government started printing 'greenbacks' all these banks were either chartered to the new Federal currency (United States Notes or Redeeming Notes) or went bust.  The entire issue of these banks is known as 'obsolete currency' by those who collect the stuff.  Since the Federal Government did not issue a $3.00 bill, the saying came about as ANY $3.00 bill was worthless.  There was, by the way, a 3 cent bill, used to pay for postage stamps, but that's another story...

Mon, 06/22/2015 - 12:24 | 6222091 robertsgt40
robertsgt40's picture

BTW,  Hamilton got his just reward for being Rothschild's man Friday,  an extra hole.  The good guys won that day.  At this point, we might as well have Minnie Mouse on the $10 bill and Goofy on the C note.

Mon, 06/22/2015 - 12:38 | 6222165 divingengineer
divingengineer's picture

I was thinking Mr. Peanut, but let's go with yours.

Mon, 06/22/2015 - 14:21 | 6222601 meistergedanken
meistergedanken's picture

Didn't you read?  Wrong genitals.

Mon, 06/22/2015 - 12:04 | 6222030 LoneStarHog
LoneStarHog's picture

Hey Bernanke, Andrew Jackson DISOLVED the Bank of the United States...THAT is why you dislike him.

Mon, 06/22/2015 - 12:10 | 6222059 Flagit
Flagit's picture

And I always thought that was WHY he wound up on the $20.

Mon, 06/22/2015 - 12:14 | 6222077 NoDebt
NoDebt's picture

Let him go, Flagit.  He's on a roll.

Mon, 06/22/2015 - 12:25 | 6222108 greenskeeper carl
greenskeeper carl's picture

as I said before, I think jackson should be taken off paper money. He recognized it for what it is, bullshit, and most definitely would not want his name or face on anything called a federal reserve note. Putting a tranny or a black woman idolized by morons would PERFECTLY reflect america. Get all the ex presidents off there too. We should put it to a popular vote, the whole country, and see what the results are. They WILL be fucking hilarious since most of our citizens are braindead sheep. We will get a laugh out of it, and it will be a perfect example of how fucked we are.

Mon, 06/22/2015 - 12:40 | 6222177 divingengineer
divingengineer's picture

Put Honey Boo-boo on the 10 burger bill.

Mon, 06/22/2015 - 14:45 | 6222709 SofaPapa
SofaPapa's picture

This is a great idea.  Too bad it'll never happen.  If it did, might just tip too many asleep people over into the camp of those who see the joke for what it is.

Mon, 06/22/2015 - 12:26 | 6222111 lincolnsteffens
lincolnsteffens's picture

Jackson understood the danger to the Republic of the establishment of the central bank. He said "By God, I shall rout you out!" which he did. He would be horrified to find his name and face on a piece of fiat currency.

On the other hand, Hamilton would probably be delighted to see his face plastered on any Fed note. I believe he was instrumental in forming the 1st central bank in the USA.

Mon, 06/22/2015 - 12:06 | 6222032 q99x2
q99x2's picture

Ask a straight Ex FED chairman like Volker and see what he thinks.

Mon, 06/22/2015 - 12:41 | 6222184 divingengineer
divingengineer's picture

His mind would instantly start racing with thoughts of $200,000 speaking engagements to pontificate about it.

Mon, 06/22/2015 - 12:06 | 6222040 Glass Seagull
Glass Seagull's picture

 

 

Andrew Jackson?  Really Bernanke?  Old Hickory actually had a pair of balls, unlike our modern day policy makers.

 

 

 

Mon, 06/22/2015 - 12:18 | 6222086 Osmium
Osmium's picture

Bernanke's face should be on toilet paper.

Mon, 06/22/2015 - 12:07 | 6222041 JonNadler
JonNadler's picture

how about Bernanke in drag?

Mon, 06/22/2015 - 12:42 | 6222190 divingengineer
divingengineer's picture

That image will haunt my dreams.

Mon, 06/22/2015 - 12:07 | 6222045 wmbz
wmbz's picture

FUCK YOU! B.Bernake you sir are a peice of shit!

A rope that fits your neck and a lamp post would be a very good start!

Of course you'll go down in history as some sort of genius... which you are not.

Mon, 06/22/2015 - 12:08 | 6222047 the grateful un...
the grateful unemployed's picture

shoot the messenger

Mon, 06/22/2015 - 12:08 | 6222048 joseJimenez
joseJimenez's picture

Of course he wants the anti-central bank president out.  I would tattoo President Andrew Jackson on their small foreheads.  Who do I mean?  All the banksters that is.

Mon, 06/22/2015 - 12:10 | 6222049 NoDebt
NoDebt's picture

"Did Bernanke just become the internet's biggest troll?"

Possibly.  I was against the face-change for the $10 bill, personally.  Now that I know I'm on the same side as Bernanke, I think I've changed my mind.  Put a picture of Bruce Jenner's before-and-after junk on the damned thing for all I care at this point.

And while they're at it, put Spongebob on the $1 bill.  At least people would recognize who it is.  Nobody knows who this "Washington" guy was any more.  Probably didn't do anything important or relevant anyway.

Mon, 06/22/2015 - 12:08 | 6222051 larz
larz's picture

If you give a flying rat's ass through a rolling donut what Bernanke thinks about anything down vote here

Mon, 06/22/2015 - 12:09 | 6222053 XRAYD
XRAYD's picture

Of course, Ben's picture should be on the FBI's TEN MOST WANTED!

Mon, 06/22/2015 - 12:09 | 6222054 21centurydragon...
21centurydragonslayer's picture

Was really surprised to hear they were dumping Hamilton, must be a head fake. In defense of Andrew Jackson, a true American, as opposed to Hamilton, a Rothschild agent.

http://winteractionables.com/?p=20924

 

Mon, 06/22/2015 - 12:11 | 6222069 SmallerGovNow2
SmallerGovNow2's picture

Besides Washington, Jackson, best president EVER.  Told the banksters where to get off....

Mon, 06/22/2015 - 12:43 | 6222191 Oh regional Indian
Oh regional Indian's picture

Washington was a high degree mason, totoally responsible for the iron grid of control America lives under, responsible for the design and foundation od Washington DC, and he has been deified. Do a search for  "The Apotheosis of George Washington".

The man in an apron ;-)

Washington sold America down the potomac.

Wake up.....

Mon, 06/22/2015 - 13:17 | 6222342 Utah_Get_Me_2
Utah_Get_Me_2's picture

https://www.youtube.com/watch?v=Pm1995kYjII

Washington letter from 1798 warning the nation about Illuminati inflitration into the freemasons and the Republic.. preserved in the library of Congress.

Mon, 06/22/2015 - 18:31 | 6223580 Clowns on Acid
Clowns on Acid's picture

Yo Cheemosabi .. you wake the fuck up .. you know very little.

Mon, 06/22/2015 - 12:09 | 6222055 Bay of Pigs
Bay of Pigs's picture

Hey, why not put Ben on the new $1000 bill we will need shortly?

What a complete dickhead he is.

Mon, 06/22/2015 - 13:46 | 6222467 Tall Tom
Tall Tom's picture

Dick Nixon needs to be recognized. Put his image on the $20. He destroyed the USD on August 15, 1971.

 

Of course our Glorious Leader needs to be on the $1...Janet Yellen that is.

 

Everybody needs to know what that bitch looks like...POST COLLAPSE.

 

Then we can put Obama on the $5.

 

George W. Bush also deserves Recognition. He needs to be on the Ten with the Burning World Trade Center on the Reverse..

 

And the $2 needs to have Ben Bernanke.

 

It is all Monopoly Money anyway.

Mon, 06/22/2015 - 12:10 | 6222060 Sofa King
Sofa King's picture

They have to do it.  the Administrationis running out of "unprecedented" shit to do.

Mon, 06/22/2015 - 12:10 | 6222063 suteibu
suteibu's picture

I have no problem with ending the farce that America's founders are still revered in the NEW America.  Put Bernanke and Yellen on the bills to show who really controls the nation and to document America's decline.

Enough with this pretend bullshit.

Mon, 06/22/2015 - 12:13 | 6222076 steelrules
steelrules's picture

You mean the Star of David.

Mon, 06/22/2015 - 12:11 | 6222066 anachronism
anachronism's picture

I don't much like to be in a position of agreeing with Ben Bernanke; but on this point he is correct.

Andrew Jackson broke The Bank of The United States. He was not only one of the most ardent opponents of central banking. He was the only one who actually took one down. So, it would be a natural for the US Treasury to strike down Jackson and to preserve Hamilton.

HOWEVER . . .

During Jackson's presidency, the United States paid off 100% of its national debt. It was a remarkable achievement which no other president ever achieved.

To my way of thinking, there is no better symbol of the US Dollar as "SOUND MONEY" than the image of Andrew jackson.

Mon, 06/22/2015 - 14:26 | 6222544 Flagit
Flagit's picture

 

 

Jackson first appeared on the $20 bill in 1928. Although it coincides with the 100th anniversary of Jackson's election as president, it is not clear the reason the bill was switched from Grover Cleveland to Andrew Jackson. According to the U.S. Treasury, "Treasury Department records do not reveal the reason that portraits of these particular statesmen were chosen in preference to those of other persons of equal importance and prominence."[5]

The placement of Jackson on the $20 bill may be a historical irony; as president, he vehemently opposed both the National Bank and paper money and made the goal of his administration the destruction of the National Bank.[6][7] In his farewell address to the nation, he cautioned the public about paper money.[8]

 

 

  • 1914: Began as a large-sized note with a portrait of Grover Cleveland on the face, and, on the back, a steam locomotive and an automobile approaching from the left, and a steamship approaching from the right.
  • 1918: A federal reserve bank note with Grover Cleveland on the front, and a back design similar to the 1914 Federal Reserve Note.
  • 1928: Switched to a small-sized note with a portrait of Andrew Jackson on the face and the south view of the White House on the reverse. The banknote is redeemable in gold or silver (at the bearer's discretion) at any Federal Reserve Bank.
  • 1934: The obligation is changed. The bill is no longer redeemable in gold, but rather in "lawful money". This is due to the U.S. being taken off of the gold standard. "Lawful Money" in this case means silver.
  • 1942: A special emergency series, with brown serial numbers and "HAWAII" overprinted on both the front and the back, is issued. These notes are designed to circulate on the islands, and be deemed invalid in the event of a Japanese invasion.
  • 1948: The White House picture was updated to reflect renovations to the building itself, including the addition of the Truman Balcony, as well as the passage of time. Most notably, the trees are larger.
  • 1950: Design elements like the serial numbers are reduced in size and moved around subtly, presumably for aesthetic reasons.
  • 1963: "Redeemable in Lawful Money" is replaced by "In God We Trust". The two acts (one taking U.S. currency off silver backing, and the other authorizing the national motto) are coincidental, even if their combined result is implemented in one redesign. Also, several design elements are rearranged, less perceptibly than the change in 1950, mostly to make room for the slightly rearranged obligations.
  • 1969: The new treasury seal appears on all denominations, including the $20.
  • 1977: A new type of serial-number press results in a slightly different font. The old presses are gradually retired, and old-style serial numbers appear as late as 1981 for this denomination.
  • 1990: Anti-counterfeiting features are added: microprinting around the portrait, and a plastic strip embedded in the paper.
  • September 24, 1998: Received a completely new appearance to further deter counterfeiting; the picture of the White House was changed to the north side view. A larger, off-center portrait of Jackson was used on front, and several anti-counterfeiting features were added, including color-shifting ink, microprinting, and a watermark. The plastic strip now reads "USA 20" and glows green under a black light.[9]
  • October 9, 2003:[10] The current series of 20 dollar bills is released with light background shading in green and yellow, and no oval around Andrew Jackson's portrait (background images of eagles, etc. were also added to the front); the back is the same view of the White House, but without the oval around it. Ninety faint "20"s are scattered on the back in yellow as a "EURion constellation" to prevent photocopying. The first issue's series date is 2004 with Marin-Snow signatures.

 

Anyone ever fold the bills in sequence to see the twin towers fall as they burned? Those designes had to be done early. I used to have all those bills at one time but don't remember the issue. It only was there on some. The $50 was redesigned in 97'.

October 27, 1997: Major design changes were implemented under Series 1996 to further deter counterfeiters. Included were an enlarged and off-center portrait, an enlarged and updated view of the U.S. Capitol now showing the west front on the reverse, a security thread which glows yellow under ultraviolet light, a numeric 50 which shifts color from black to green when tilted, and a watermark of Grant. Also, for those with vision limitations, a large dark 50 was added to the bottom left corner of the reverse. The Federal Reserve seal was also changed to a unified Federal Reserve System seal and an additional prefix letter was added to the beginning of the bill's serial number.

And of course, the $100.

March 25, 1996: The first major design change since 1929 took place with the adoption of a contemporary style layout. The main intent of the new design was to deter counterfeiting. New security features included a watermark of Franklin to the right side of the bill, optically variable ink (OVI) that changed from green to black when viewed at different angles, a higher quality and enlarged portrait of Franklin, and hard-to-reproduce fine line printing around Franklin's portrait and Independence Hall. Older security features such as interwoven red and blue silk fibers, microprinting, and a plastic security thread (which now glows red under a black light) were kept. The individual Federal Reserve Bank Seal was changed to a unified Federal Reserve Seal along with an additional prefix letter being added to the serial number, w. The first of the Series 1996 bills were produced in October 1995.[6]

 

The Project for the New American Century (PNAC) was a neoconservative[1][2][3] think tank based in Washington, D.C. that focused on United States foreign policy. It was established as a non-profit educational organization in 1997, and founded by William Kristol and Robert Kagan.[4][5] The PNAC's stated goal was "to promote American global leadership".[6] The organization stated that "American leadership is good both for America and for the world," and sought to build support for "a Reaganite policy of military strength and moral clarity".[7]

Of the twenty-five people who signed the PNAC's founding statement of principles, ten went on to serve in the administration of U.S. President George W. Bush, including Dick Cheney, Donald Rumsfeld, and Paul Wolfowitz.[8][9][10][11] Observers such as Irwin Stelzer and Dave Grondin have suggested that the PNAC played a key role in shaping the foreign policy of the Bush Administration, particularly in building support for the Iraq War.[12][13][14][15] Academics such as Inderjeet Parmar, Phillip Hammond, and Donald E. Abelson have said PNAC's influence on the George W. Bush administration has been exaggerated.[16][17][18]

The Project for the New American Century ceased to function in 2006.[19]

 

And for desert, Andrew Mellon was Secretary Of The Treasury in 1928 when Jackson was placed on the $20.

       

 

Mon, 06/22/2015 - 12:20 | 6222067 One And Only
One And Only's picture

The single most revealing thing to me about this was the following:

"I was in government long enough to know that decisions like this"

When was Bernanke in the government? I thought the Federal Reserve was independent of the government in it's formation of monetary policy?

From the Richmond Fed:

"It is considered an independent central bank because its monetary policy decisions do not have to be approved by the President or anyone else in the executive or legislative branches of government, it does not receive funding appropriated by the Congress, and the terms of the members of the Board of Governors span multiple presidential and congressional terms."

https://www.richmondfed.org/faqs/frs

In fact the Constitution expressly prohibits a central bank from being part of the government and all monetary decisions are to be made by congress. So this is a shocking admission.

Mon, 06/22/2015 - 12:42 | 6222186 the grateful un...
the grateful unemployed's picture

you thought wrong, they used to call these things freudian slips. i forget the quote from the literary detective to paraphrase, everyone is lying, they build up a wall of lies lies about who they are what they did and they have to keep patching the wall filling it guarding it against attack but the detective keeps asking the same question and eventually they slip and truth is out. (much like the white woman in the NAACP. when confronted she just got up and left) by the way you saw Yellen do this the other day when asked about leaks. Dr House says everyone is lying.

Mon, 06/22/2015 - 12:11 | 6222070 steelrules
steelrules's picture

Jackson must stay as a reminder the private central banks can be removed, they tried to kill him to prevent it.

Mon, 06/22/2015 - 12:12 | 6222072 Mike Honcho
Mike Honcho's picture

Slap the queen of Zimbabwe on there.

Mon, 06/22/2015 - 12:12 | 6222074 BlussMann
BlussMann's picture

"a man of many unattractive qualities"

By whose standards ? A PC retard, perhaps.

Alexander Hamilton (real last name reputed to be "Levin") was a Rothschild stooge, Mr Burr did the US  great favor.

It was also Hamilton who, in the Federalist, stated that the Federal Court would be the least powerful of the three mythical branches of the supposed "Checks and Balances". The guy had a great sense of humor.

Mon, 06/22/2015 - 12:51 | 6222229 Teknopagan
Teknopagan's picture

Thank you

Mon, 06/22/2015 - 14:52 | 6222736 JR
JR's picture

Bernanke says Jackson has “unattractive qualities” but Bernanke is the man whose unattractive qualities can compete for the worst human who ever lived. And with these blemishes, this unelected puppet of tyrants has absolutely no right to comment on the political life of these United States.

And, by the way, Jackson, in no small part of his opposition to a central bank, was a major force in stopping the many financial thieves who proposed to steal all the resources of America. In short, Jackson was a man, and no more loyal American has ever existed.

An elected president at the time, Jackson’s force of personality was needed; he had not only the responsibility but the right to speak against the central bank. Bernanke’s conduct, notwithstanding his criminal background with the Fed, has no right to criticize Jackson or to suggest that his memory be replaced by some marginal, politically correct character.

It's instructive to realize that Bernanke speaks with the permission of the United States Congress. And if the Federal Reserve so controls the currency (its value, who receives it and who is denied) that they can now use it as an advertisement on which presidents America should have and which presidents it should not, then for us citiizens it is a bridge too far. This Federal Reserve must be destroyed completely or the arrogance of this new strategy means that the owners of the NY Federal Reserve Bank can now broadcast that they control every single aspect of the American system and society, even to advertising on the currency who can be president or who cannot. It seems to be the final stage of tyranny.

Bernanke and Lew, of course, do not speak for the U.S. Treasury, they speak for Goldman Sachs, a private bank.

Mon, 06/22/2015 - 12:14 | 6222075 silverserfer
silverserfer's picture

must be the whole den of vipers and thieves comment to bankers that got the berskank all ruffled. 

Truth hurts doesnt it Ben?

Mon, 06/22/2015 - 12:17 | 6222079 loveyajimbo
loveyajimbo's picture

Let's cut to the chase...  and put a pic of Mayer Rothschild on the $100 bill...  so we remember who is cornholing us... I recommend Arron Burr for the $10, and Ron Paul for the $20.  The Bernank's pic is on my toilet paper roll... feels great each morning to rub his face into my ass... I have rolls of Obongo, Hillyroach, Marie harf-barf and Victor/Victoria Nuland on the way...

Mon, 06/22/2015 - 13:26 | 6222182 pFXTim
pFXTim's picture

it seems to me it'd make perfect sense to put the Fed stock holders portrait's on Federal Reserve Notes...I guess the problem is...it's not been made public who they are...

Mon, 06/22/2015 - 12:16 | 6222081 Utah_Get_Me_2
Utah_Get_Me_2's picture

Pretty sure the biggest trolls ever were the Board of Governors in the late 1920s who decided to put Andrew Jackson on the $20.

Mon, 06/22/2015 - 12:57 | 6222084 pFXTim
pFXTim's picture

> Hamilton, the first Secretary of the Treasury, would qualify as among the greatest of our founders

Hamilton, a great admirer of the Bank of England, was a staunch proponent of the system we find ourlselves under today, i.e. elite controlled central banking, powerful centralised federal government, nationwide income tax (to "bind" the nation as he put it), etc, etc...he thought the country was best ruled by elites/aristocrats/royalty with the masses firmly under the thumb of the ruling class...Jefferson disagreed with much of what Hamilton had to say.

Mon, 06/22/2015 - 12:59 | 6222268 Utah_Get_Me_2
Utah_Get_Me_2's picture

I always remember quite disliking Hamilton compared to other founding fathers such as Washington, Adams, Jefferson, etc.. while studying history in high school. He reminds me of many politicians today.. its not that he didn't want more centralized power in government.. he just didn't want it in the hands of those he disagreed with. Because when he and his ilk have the reigns of power and control it's not tyranny because they know better.

Mon, 06/22/2015 - 12:22 | 6222100 Vooter
Vooter's picture

If he were alive today, Jackson would be building death camps for people like Bernanke...

Mon, 06/22/2015 - 13:21 | 6222367 Utah_Get_Me_2
Utah_Get_Me_2's picture

Trail of Tears 2.0 would be too compassionate for the Keynesian psychopaths of Central (Raping) Banking.

Mon, 06/22/2015 - 12:24 | 6222104 thamnosma
thamnosma's picture

All dollar denominations should carry portraits of various LGBTQ heroes and heroines.

Mon, 06/22/2015 - 12:24 | 6222105 insanelysane
insanelysane's picture

Jackson will be replaced by Obama.  Book it.

Mon, 06/22/2015 - 12:24 | 6222106 Skip
Skip's picture

Ben QUIT THE BS! Just once can't you people EVER tell the truth???

Who started the ASSAULT on our American culture that our ancestors built??? YOUR PEEPS DID, Benny!

And what your peeps did to Mel Gibson, your peeps did earlier to a true HERO, Charles Lindbergh. [PDF version here] So Benny, GIVE IT A REST you POS!

Mon, 06/22/2015 - 12:32 | 6222139 SillySalesmanQu...
SillySalesmanQuestion's picture

Ben, Ben, that's no way to go through life, bald, drunk and stupid...

Mon, 06/22/2015 - 12:36 | 6222156 cheka
cheka's picture

several comments on above: bernank was part of gov, the federal reserve BOARD is.  washington was a pos -- he joined with the hated bank of england to establish the first central bank.  of course jackson is on a bill, the pigmen like to rub their+our noses in it.  and he's not the only good guy getting that treatment..

Mon, 06/22/2015 - 12:42 | 6222162 clade7
clade7's picture

 

 

The Numistmatists are having a heyday! 

They are happier than an asphyscopheliac in a belt factory!  Necropheliac in a mortuary?, Pedophile in a daycare?  Negromoncer at a bible study?  What? too soon?

Mon, 06/22/2015 - 13:41 | 6222439 pFXTim
pFXTim's picture

geezus...is that what passes for humor in your neck of the woods? you really oughta get out more cletus...

 

Mon, 06/22/2015 - 12:46 | 6222210 ozman
ozman's picture

Please, please really put Caitlyn Jenner in place of the $10 bill already.  Stop teasing us with that photo mock-up, I know the US government really wants to do so.  It really represents how the current society has went down the crapper. While launching the Scheiss dollar lets replace all the other presidents as well with the oligarchs like George Soros, Obummer in Drag with Reggie giving it to him, a picture of Bush with the Pretzel, Hitlery Clinton with the Moustache and the strap on, Horse face Kerry, Wet Start McCain as Dr. Evil, Bill Clinton receiving oral from Monica, Papa Bush molesting boys from Boystown.  While the one dollar should serve as a US symbol:  Kim Kardasian naked with her big butt facing up front.  That should show the world alright.  For each coin have the symbol of the monopoly man and the $1 Trillion bill have lord Rothchild on the face.  The founding fathers should be kept spinning from the grave.  Let's stop pretending, might as well dig their graves and dump their bodies on the river after all in present day these people will be considered rebel rousers or better yet the aptly "T" word would be used to describe them.  Stop being pretentious the real owners and rulers of the USSA.  Unveil your true colors now via the Schiess dollar please already.

Mon, 06/22/2015 - 12:59 | 6222273 GoldSilverBitcoinBug
GoldSilverBitcoinBug's picture

Putting women on bills: the feminization and pussification of the c(o)untry named America continue. (Same shit with a lot countries in the world, not limited to US.)

 

At least, if you want to pull out the retard feminist card and putting women on bills, pick someone more credible: Ayn Rand.

Mon, 06/22/2015 - 13:27 | 6222386 Utah_Get_Me_2
Utah_Get_Me_2's picture

Margaret Sanger will be on a bill.. mark my words. The leftists are that stupid that they would put a racist, mass murdering eugenicist on the $10 and call it 'progress'

Mon, 06/22/2015 - 13:02 | 6222285 Joenobody12
Joenobody12's picture

Lets be honest - put Natanyahu's image on every bill.

Mon, 06/22/2015 - 13:07 | 6222304 buzzsaw99
buzzsaw99's picture

the bernank would probably like a picture of himself sucking jamie dimon's cock on there

Mon, 06/22/2015 - 13:17 | 6222344 gcjohns1971
gcjohns1971's picture

While I disagree with the author on most every point, I agree that removing Jackson from the FRN, but keeping Hamilton, is appropriate.

It is important that only the portraits of the deserving become toilet paper.

If letting bankers suffer the natural consequences of their misjudgements is such a horrible thing...then why draw the line with bankers?  Why not everyone?

But that's just it.

For one profession to enjoy undeserved gains in the face of poor judgment, other professions must suffer undeserved losses in the face of good judgement.

 

This subsidy to the undeserving is the oxygen in the moral, physical, and mental decline of the West.

You get more of what you subsidize.  Moral Hazard.

Which, incidentally, is why Socialism fails...that and the pricing quandary... But only the Moral Hazard is a fatal flaw, as people can, do, and have muddled along in government-enforced penury for millenia at a time.

But introduce a system of moral hazard, and complete civilizational collapse is only decades away.

Mon, 06/22/2015 - 13:21 | 6222361 Random_Robert
Random_Robert's picture

The question I have regarding Lew's press-release:

 

Just exactly who is this mythical "woman of historical significance"  that they are thinking of ?

In reflective contemplation, there is only one woman I can think of who embodied the American spirit, and stood her ground, fought for her personal freedom, and defended her God-given rights to life, liberty and the pursuit of happiness (or, at least her right to comfortable feet); and that woman is Rosa Parks.

 

Who else is there?   Susan B Anthony?  Been there, done that.

Dolly Madison?  ....  ummm No.....  

 

Betsy Ross? -  Ok, Yeah, perhaps the Queen of the American Flag deserves her immortality on the face of a United States Treasury Note...  But NOT an FRN.

 

Of course- These Rothschild-Keynesian imbeciles at the modern Fed and Treasury will probably go with Eleanor Roosevelt, as tribute to her husband the Wall Street war-monger...

 

Mon, 06/22/2015 - 13:28 | 6222393 Utah_Get_Me_2
Utah_Get_Me_2's picture

Margaret Sanger..

The poster child of leftist insanity.

Mon, 06/22/2015 - 14:09 | 6222564 Random_Robert
Random_Robert's picture

Hah-  Or maybe Ruth Bader-Ginsburg.... {vomit}

Mon, 06/22/2015 - 15:35 | 6222922 J Jason Djfmam
J Jason Djfmam's picture

How's about Lovey Howell?

Mon, 06/22/2015 - 13:21 | 6222368 withglee
withglee's picture

Again the solution is simple. Prohibit putting a human image on our media of exchange and our stamps. Remove human names from our buildings and our streets. Remove human pictures from our houses of government and courts (except the galaries designed for that purpose).

Solution to same sex marriage issue is equally simple. Remove any government recognized or provided benefit from entering into a partnership ... any partnership. Let contract law prevail.

Tue, 06/23/2015 - 02:37 | 6224641 Hope Copy
Hope Copy's picture

I agree, as if the government santifies a 'face (person)' then it ajoins in what ever action that 'face'  may have entered creating a liability to the corperation known as the government, wheras if no reconition is done, any liabious action is only atributable to that individual and those induviduals acting on the orders or in colusion with that 'face'. 

As to the real constiutional money, it all has women on it until the begining of the implimentation (committee consideration) of the FED (1907), and then the first guiy was considered a 'savage'.  Oh how those 'Indians' command such a premium price.  Never-the-less the most famous woman was created by St. Gauden.  that all ended in 1933 (except those few that 'escaped').

Mon, 06/22/2015 - 13:30 | 6222401 williambanzai7
williambanzai7's picture

What a douche

Mon, 06/22/2015 - 13:32 | 6222415 BI2
BI2's picture

It's to distract us from the real CURSE that Bernanke and Lew's co-religionists have imposed on America >>> https://biblicisminstitute.wordpress.com/2014/07/17/is-america-cursed/

Mon, 06/22/2015 - 13:38 | 6222435 vaft
vaft's picture

Mon, 06/22/2015 - 13:39 | 6222444 TheGreatRecovery
TheGreatRecovery's picture

< Kim Kardashian

< Paris Hilton

Mon, 06/22/2015 - 13:42 | 6222454 Seychelles
Seychelles's picture

The new 1 dollar bills will have Golda Meir on the front and a dreidel on the back.  Spinoza and Maimonides were obviously never in the running.

Mon, 06/22/2015 - 13:42 | 6222455 Canoe in the Desert
Canoe in the Desert's picture

How about Ronald McDonald's  image on the $10.00 note & charge McDonald's Corp "naming rights".

Or: Colonel Sander's / KFC, Luis Vitton, Goldman Sachs, you get the drift...

Corporate Bucks

Mon, 06/22/2015 - 13:56 | 6222513 silverer
silverer's picture

Of course! Advertising!  Why didn't the Fed think of that?

Mon, 06/22/2015 - 13:44 | 6222460 freddymercury
freddymercury's picture

Bernanke, just STFU!!!!!

Mon, 06/22/2015 - 13:54 | 6222500 DEVILDOG
DEVILDOG's picture

The sooner benny is executed legally by the PEOPLE for CRIMES AGAINST HUMANITY, mass murder of the 99.9% by private central bankster theft, corruption, perjury and treason the better. Can't wait for his decapitated head to be in a basket! Rot in hell scumbag parasite!

Mon, 06/22/2015 - 13:55 | 6222505 silverer
silverer's picture

Maybe at this point Alexander Hamilton wouldn't want his picture on the bill.  It's not good enough for him anymore.  Might as well put trash on trash.  Thank you Federal Reserve.

Mon, 06/22/2015 - 22:37 | 6224281 TheGreatRecovery
TheGreatRecovery's picture

Hamilton was the point man for the bankers in establishing the predecessor of the Fed, the First Bank of the United States.

https://en.wikipedia.org/wiki/First_Bank_of_the_United_States

That's why I don't like Hamilton.

Mon, 06/22/2015 - 13:59 | 6222520 Panic Mode
Panic Mode's picture

Not far, we will see Obama on 1 trillion dollar bill.

Mon, 06/22/2015 - 13:59 | 6222521 loregnum
loregnum's picture

It won't be long before the feminzais get Ben Franklin replaced and the vaginafication of society will be complete. The worst thing is seeing how many men are just going along with it. I guess for them the thought that there is a slight chance they'd have some pussy access taken away is more horrible than figuratively losing their manhood.

Mon, 06/22/2015 - 13:59 | 6222523 jmc8888
jmc8888's picture

Den of viper and thieves?  Well that's what Jackson put in...not routed out.

How history remember Jackson, and what he actually did are 180 degrees different.  Jackson's campaigned, bankrolled by the British, is what destroyed America. 

What he did was set the stage for the Federal Reserve.  The campaign of '28, which was the dirtiest in history, is what all of ours looks like now.  We may be right when we say Bush and Obama are the worst president's ever...but they go up against Jackson,  Teddy Roosevelt, Truman, and Nixon.

It's really funny Bernanke would say to keep Hamilton over Jackson on the bills.  Hamilton was an American System guy unlike the Federal Reserve British Empire System.  Jackson was a British agent and again set the stage for a private bank to be our central bank. 

In fact, Hamilton was the first to fight the British Empire's money men on Wall Street.  In fact his fights led to the creation of Wall Street, in an attempt to end around his sane regulations.   Get that?  Wall Street was CREATED to circumvent law so they could have their frauds.  That's the history of Wall Street...FRAUD FROM THE BEGINNING...courtesy of our once British Masters.

You'd think Berrnanke would welcome Hamilton's departure, afterall it's his ghost via the call for the American Credit System that currently haunts the Federal Reserve and all they do.

You'd think he'd welcome the silencing of Hamilton in the form of removing what for most people is only way Hamilton is in their lives, on the $10 bill.  Instead he pushes for the removal of the grandfather of the federal reserve, Jackson.

Once again, like ZH likes to say, isn't it funny what happens when these fraudsters get out of power.  Suddenly he isn't a fan of jackson, but rather of hamilton.  Interesting.

Mon, 06/22/2015 - 17:22 | 6223335 uberintj
uberintj's picture

Do you care to back this up with references?  There may be things to not like about Jackson but, to my knowledge, saying he is the grandfather of a fraudulent central bank system (the FED) is way off base.  Enlighten me.

(Oh, and Hamilton was a statist, plain and simple.  As someone said earlier, Burr did the world a favor when he have him that extra hole at Weehawken.)

Mon, 06/22/2015 - 14:02 | 6222535 Downtoolong
Downtoolong's picture

Gee BB (aka Edward Quince), thanks for all that useless historical drivel. I just hope that by 2020 I will still be able to buy a stamp and envelope with a $10 bill for my annual letter to the Federal Reserve complaining about all the inflation they have caused over the last 100 years. In it I will note that the gold and/or food Alexander Hamilton could have bought for $10 would now be worth over $500.         

Mon, 06/22/2015 - 14:05 | 6222548 d4pwnage
d4pwnage's picture

One line here caught my attention for a different reason:

"I was in government long enough to know..."

So even the former Fed chairman admits the the Fed is a government agency and NOT a private bank.  I'm so tired of people calling the Fed private and arguing that it therefore proves that capitalism has failed and we need more big guv.  Anyone can learn more about the Fed from its own website, federalreserve.GOV .

Mon, 06/22/2015 - 14:43 | 6222701 Sith1122
Sith1122's picture

Calling a pig a cow does not change the fact that it is a pig. The Federal Reserve is a Cartel of Banks, using your logic Federal Express would be a government agency because of the name and it does a governmental function, by delivering packages, like the US postal service.

Mon, 06/22/2015 - 15:24 | 6222874 d4pwnage
d4pwnage's picture

I'm really not interested in mincing words or trivial technicalities.  Call it private or not, I don't really care.  But the politicians love it and voting for them supports the Federal Reserve.  This is as opposed to the nonsensical belief that the Fed was the produced by free-market capitalism and subsequently overpowered the wise and virtuous "government".

Mon, 06/22/2015 - 15:33 | 6222891 d4pwnage
d4pwnage's picture

FedEx doesn't require an Act of Congress to exist.  It's head is not appointed by the pres and approved by the senate.  It has no powers that other "private" companies don't have.  Quite a big difference from the Fed.

Mon, 06/22/2015 - 14:09 | 6222562 Fedtacular
Fedtacular's picture

Alfred E Neuman

Mon, 06/22/2015 - 14:33 | 6222634 ChanceIs
ChanceIs's picture

Said it before.....

Will say it again.....

If we are forced into submission by the self hating PC crowd, sure in the knowledge that all of our unhappiness will be dissipated by having the image of a woman on a piece of fiat US currency, let it be:

Brroksley Born.  Brroksley AS CFTC Commissioner warned about the derivatives implosion back in '98.  Greenspan (or was it the Bernanke by then), Robert Rubin, Sandy Weil (remember him?) , Mssrs Gramm-Leach-Bliley, etc tried to suicide her.  Mssrs Glass and Steagal intervened from beyond the grave.

Do it.  Call your Congresspukes today and demand Brooksley on the $20 - keep Hamilton on the $10.  Watch how Wall Street reacts.  Imagine J6P brooding: "who the F is Brooksley Born?"  She did what?  I am still paying for derivatives?  Dodd Frank has accomplished nothing?  Tar and feather the SOBs.

 

Mon, 06/22/2015 - 16:49 | 6223227 Clowns on Acid
Clowns on Acid's picture

Chance - Great stuff.  Is important that Brooksley be remembered and equally the criminals Rubin, Weill, Summers .... Grammj, Leach, Biley were just the bagmen.

Mon, 06/22/2015 - 14:39 | 6222672 Sith1122
Sith1122's picture

Of course Jackson was one of the only Presidents if not the only one to take on the bankers, and not only did he live, he actually beat them. That is worthy of respect in my book.

Mon, 06/22/2015 - 14:40 | 6222675 Bopper09
Bopper09's picture

Thinking the bigger concern would be what is written on the worthless paper.  Like U.S. treasury for example.

Mon, 06/22/2015 - 15:17 | 6222845 khakuda
khakuda's picture

Ben would like to see Jackson replaced with a picture of a Gutenberg printing press, without which Ben wouldn't have had a job.

Mon, 06/22/2015 - 15:21 | 6222855 Real Estate Geek
Real Estate Geek's picture

Win-Win: Put the woman on a $500 or $1,000 FRN.

Mon, 06/22/2015 - 15:31 | 6222900 Keyboard Kommando
Keyboard Kommando's picture

To give you a hint about how evil the Fed is, a Jew has always been in charge since the beginning! (Hint: Jews are extemely EVIL!!!!!!!!!!!!!) Of course, the new ZOG plan is to completely do away with cash, period!

Mon, 06/22/2015 - 15:48 | 6222963 begintowin
begintowin's picture

Okay, okay I got an idea about the image that could go on the front of all dollars bills.

What the U.S. Treasury could do to raise money is to sell worldwide tickets for a drawing for each dollar bill denomination (i.e., $1, $5, $10, $20, $100) where the winner picked will have their choice of the image on the bill! Is that not a great idea? It could be an annual thing. It'll be great!

We could expand the drawings to include all the political offices in Washington, DC instead of having elections!

What'd ya think? Huh???

 

Mon, 06/22/2015 - 17:09 | 6223289 USGrant
USGrant's picture

The potraits of the whole series of bills should be updated. Representative Court Jews from Wiki are:

Judah Ha Levi Vienveniste circa 1099

Abraham Zacuto (c. 1450 – c. 1510)

Chajim Fürst, (1592–1653)

Samuel Oppenheimer (1635–1703)

Issachar Berend Lehmann; de (1661–1730)

And still living (no need to be dead)

Ben Shalom Bernanke (1953-)


 

 

Mon, 06/22/2015 - 17:14 | 6223306 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

..."I was in government long enough"...

I thought the Federal Reserve was an independent non government entity? If not then their monetary policy is anything but independent or data dependent if that is the case. It is government dependent which brings up interest rates.

The FED will not raise interest rates above a level that causes a Federal Government default on debt interest payments or cause a missed payment on maturing debt.

Any interest rate hikes will be tied to Federal budgetary concerns and nothing else so they have enough money to keep running and not miss a payment. They have to know what the interest rate hike if there is one ahead of time to prepare the budgets for the next fiscal year (Oct. 1st 2015). It has to be tied to revenue income on the worst case scenario of a government shutdown. That is the only data the FED is using to determine an interest rate hike if any because they are an independent and have the best interests of the economy at heart. /sarc

Mon, 06/22/2015 - 18:23 | 6223552 cheka
cheka's picture

federal reserve BOARD is (fully captured) government.  federal reserve banks are private.

Mon, 06/22/2015 - 19:51 | 6223719 Monetas
Monetas's picture

Bernanke, Burnanke, Brrrnanke, Beernanke, Boynanke, Bearnanke, Burnbanke, Birnanke, Beananky, Bernacky, Bernbacky, Brokebanke, Brokebacky Mountain .... I'm working on an epic limerick ! 

Mon, 06/22/2015 - 20:25 | 6223905 honestann
honestann's picture

I thought for sure this article had to be from the Onion.  Frankly, this is too unbelievable for me to not wonder whether this is from the Onion, or an April fools joke!

Mon, 06/22/2015 - 21:40 | 6224136 cornflakesdisease
cornflakesdisease's picture

Hamilton was a Bank of England shill.  He pleaded with the other founding fathers to pay bank their debts to England; most notabley because he had purchased many of the bonds for penies on the dollar.  Thank you Mr. Burr for whacking him.

Tue, 06/23/2015 - 09:40 | 6225210 begintowin
begintowin's picture

Yes, definitely, we need more whacking, lots of it.

Kids love Whack-a-mole; why not adults too?

To whack is to win; that's my motto for the day.

Do NOT follow this link or you will be banned from the site!